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V-Mart targets 50% of finance functions with Agentic AI in next 6-9 months, says CFO| Direct tax collection Increases 6.3% to ₹11.9 lakh cr in FY26
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ETCFO Newsletter | Tuesday, October 14, 2025

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The adoption began three months ago, and the goal is to cover nearly 50% of finance functions using agentic AI within the next six to nine months, Aga...
India's net direct tax collections reached ₹11.89 lakh crore between April 1 and October 12, marking a 6.33% year-on-year increase. Despite a 15.98%...
Ashok Pal, former Reliance Power CFO, remains in Enforcement Directorate custody. The court extended his detention until October 16. Pal is linked to ...
The Enforcement Directorate has reportedly given Flipkart the chance to settle a FEMA violation case by admitting mistakes and paying a penalty. The C...
The government is planning amendments to the Companies Act and tender norms to help Indian audit firms compete with Big Four networks. Proposed change...
India's retail inflation fell to 1.54% in September, the lowest in over seven years, led by a sharp drop in food prices. The easing price pressures c...

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Policy & Macro
Indian trade negotiators are heading to the US this week for talks on a bilateral trade agreement, with both sides hopeful of concluding the first pha...
India is reconsidering its long-standing ban on genetically modified food crops. This shift could open doors for agricultural trade with the United St...
 
Leadership
Tata Trusts has likely approved a third term for N Chandrasekaran as Tata Sons chairman, a departure from retirement policy. This move signals confide...
Narahari Naidu has stepped down as CFO of Sanofi Consumer Healthcare India Limited, effective October 15, 2025. He is leaving to explore new job oppor...
Sushanth Pai will resign as CFO of Quess Corp Limited effective October 17, 2025, due to personal commitments. In a related development, Kamal Pal Hod...
 
Governance, Risk & Compliance
Bira 91, maker of Bira beer, faces significant financial challenges. Its auditor's report for fiscal year 2024 reveals an eroded net worth and doubts ...
Reserve Bank of India is launching a Digital Payments Intelligence Platform (DPIP) that will use AI to detect and prevent payment frauds in real time....
Sebi Chairman Tuhin Kanta Pandey urged mutual fund trustees to implement robust early warning systems to detect irregularities and ensure timely inter...
This came after the board of Sebi in September approved a proposal for relaxation in the minimum information to be provided to the audit committee and...
 
Business & Fund raising
Sales of term and health insurance policies have surged following the GST exemption effective September 22. This pickup, observed across various chann...
 
Finance & Banking
Emirates NBD Bank is in advanced talks to invest Rs 15,000 cr in RBL Bank, aiming to become its largest shareholder with a 51% stake. The deal, pendin...
 
Economy
India's growth cycle may be bottoming out with strong domestic fundamentals supportive of a pick-up in growth going forward, according to a report by ...
 
Markets
Wall Street indexes rallied Monday, led by chipmakers like Broadcom, as President Trump's conciliatory tone eased U.S.-China trade tension worries. AI...
Nifty has provided no returns over the past year. Market valuations are now neutral, indicating that future gains will depend on earnings growth. Anal...
Gold prices hit a record high of Rs 1,23,977 per 10 grams on Monday. This surge was driven by escalating US-China trade tensions and the ongoing US go...
 
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