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ETCFO Newsletter | Wednesday, November 20, 2024

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Top Stories
What kind of difference NextGen can make in a CFO's dashboard? Since this question is top on the list of the CFO community, ETCFO is launching its fi...
Trump and Modi are focusing on manufacturing to boost their economies. However, historical trends suggest that this approach is likely to fail in deve...
Moving from the role of CFO at Zoom, Kelly Steckelberg shall assume charge as the Chief Financial Officer of Canva, an online design software. Steckel...
Spread across key regions in India, each corridor was strategically designed to integrate industry and infrastructure, establishing world-class connec...
ASSOCHAM, in its pre-Budget 2025-26 recommendations, proposed for simplified TDS rates, decriminalisation of certain defaults, and enhanced tax neutra...
 
Policy & Macro
Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests ...
The govt is considering changes to its public procurement rules to benefit manufacturers participating in PLI schemes. One proposal being evaluated is...
The Reserve Bank of India and banks are developing a standard procedure for vehicle seizures when borrowers default on loans. This initiative follows ...
 
Governance, Risk & Compliance
With this regulatory approval, EcoRatings is now authorised to evaluate ESG performance for financial securities, both those currently listed and thos...
Emerging India Focus Funds, an FPI, settled with SEBI for allegedly violating FPI rules. They paid Rs 64.35 lakh for non-compliance with the 'fit and ...
 
Accounting, Legal & Tax
"We would be making a recommendation to the GST Council to rationalise the GST taxation on EV-related areas," Motwani said. Elaborating on the demands...
Responding to the queries raised by the members in the assembly on Tuesday, Savitha said that the state govt is committed to ensure employment for han...
 
Corporate
At present, promoters hold over 90% stake in the company.
The KPMG CEO Outlook, marking its tenth year globally, found that 66 percent of banking CEOs are optimistic about the growth prospects for the banking...
Zomato's food delivery business accounts for about 58% of its topline with the gross order value - encompassing food price, platform fees and delivery...
The US retailer's chief financial officer John David Rainey says same-day delivery for Flipkart surged 2.5 times during the festive sale. Walmart had ...
While several IT services companies in India had moved to a hybrid working model post Covid, several companies including Tata Consultancy Services (TC...
Havells India Ltd announced a Rs 480 crore investment to establish a refrigerator manufacturing facility in Ghiloth, Rajasthan. The plant, with a prop...
Indian coffee chain Blue Tokai is brewing ambitious plans for expansion. Aiming to triple its revenue by 2027, the company plans to expand its caf n...
This investment follows PSG Equity's original 2021 investment and will be used to help expand CommBox's global footprint and enhance its innovative A...
Angel investors such as founders of Urban Company Abhiraj Bhal and Varun Khaitan, former Swiggy Instamart head Karthik Gurumurthy and others participa...
 
Economy
India's user base is projected to rise from 90 million in 2024 to 479 million by 2030, a fivefold increase over six years.
The global economy faces a challenging landscape in 2025 characterized by subdued growth and heightened uncertainty, according to a report from Barcla...
As many as 20.58 lakh new employees were enrolled under the Employees' State Insurance Corporation (ESIC) scheme during September this year, reflectin...