| ETCFO Newsletter | Wednesday, July 23, 2025 |
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Daily Newsletter
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Top Stories
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Investors have been slowly pulling out due to a host of issues that have continued to pile up from top-level exits to closure of showrooms due to ...
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A recent DBS report reveals that finance leaders in India are prioritising long-term resilience amidst economic uncertainty. They are increasingly foc...
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A new income tax bill threatens to increase taxes for Indian promoters and family offices using LLPs for investments. The proposed law expands the sco...
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India and Britain are set to sign a free trade agreement. This agreement aims to reduce tariffs on goods like whisky and cars. The UK will offer duty-...
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The government faced an estimated revenue loss of Rs 99,000 crore in fiscal year 2023-24 due to corporate tax incentives, according to Minister Pankaj...
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Policy & Macro
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Pharma Tariffs: US President Donald Trump plans to impose a 200 percent tariff on imported medicines to push drug companies into cutting prices and sh...
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Despite holding the lowest investment-grade ratings from S&P, Fitch, and Moody's, India's economic outlook is strengthening through sound macroeconomi...
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The production-linked incentive (PLI) schemes have realised actual investment of Rs. 1.76 lakh crore till March 2025 across 14 sectors, which has resu...
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Delhi's EV policy gets an extension until March 31, 2026, or until a new policy is approved, announced Transport Minister Pankaj Singh. This extension...
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Leadership
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Raise Financial Services, parent of trading platform Dhan, has appointed Amit Gupta as Group CFO to lead its next phase of growth. Gupta brings over 2...
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Governance, Risk & Compliance
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The ICICI Bank-Videocon loan fraud case saw Chanda Kochhar, former CEO, found guilty. She accepted a â¹64 crore bribe for sanctioning a â¹300 crore ...
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The move, however, spells continued bad news for consumers, who face unwanted communications on a daily basis. Experts believe that once telemarketers...
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RBI Deputy Governor Swaminathan J urged new-age bankers to be vigilant against cyber threats and prioritize foresight over advanced systems. He emphas...
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Accounting, Legal & Tax
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The new income tax bill will make filing taxes easier for common citizens and small businesses, said BJP MP Baijayant Jay Panda, who chaired the Parli...
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Hyundai Motor India has received a demand of Rs 517.34 crore from tax authorities, including a penalty, for allegedly underpaying GST compensation ces...
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The Income Tax Appellate Tribunal rejected Congress's appeal. The appeal challenged a tax demand. The tax demand was â¹199.15 crore for 2018-19. The ...
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Business & Fund raising
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India's primary market is set for a significant IPO surge in the remainder of 2025, with over â¹2.58 lakh crore worth of offerings in the pipeline, d...
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Industry
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Mumbai's luxury real estate market soared in H1 CY'25, achieving record sales of Rs 14,750 crore, an 11% increase from the previous year. This surge i...
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Corporate
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EQT and Bain Capital are now the frontrunners in acquiring a 31% controlling stake in Whirlpool of India, as TPG, KKR, Havells, and Reliance Industrie...
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Tilaknagar Industries is set to acquire Imperial Blue whiskey from Pernod Ricard. The deal is expected to be finalized soon. Tilaknagar's board will m...
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Daikin, in collaboration with EY, has established a global capability centre in Gurgaon, India, named Daikin Innovation and Services Hub. This hub aim...
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Britannia Industries reported subdued consumer demand in FY25 due to inflation and a broader economic slowdown, even as competition pressured pricing ...
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