| ETCFO Newsletter | Thursday, June 26, 2025 |
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Daily Newsletter
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Top Stories
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Farroukh Kolah expects sustained expansion as Indian travelers spend more, stay longer, and seek immersive experiences; technology and tier-2 expansio...
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Businesses in India want simpler GST and fewer tax slabs. A Deloitte survey reveals that sectors like healthcare seek rate rationalisation. Most compa...
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Jindal Stainless has appointed CEO and Whole-time Director Tarun Kumar Khulbe as its Chief Financial Officer, effective June 25, 2025. He will continu...
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India's market regulator, SEBI, has instructed stock exchanges to monitor trading members' corrective actions following regulatory inspection violatio...
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Bumble is set to reduce its workforce by nearly a third, impacting 240 roles, amidst industry-wide challenges in maintaining user engagement and econo...
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Automation and Innovation
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OpenAI is reportedly developing collaboration features for ChatGPT, potentially rivaling Google Docs and Microsoft Word. These features, including doc...
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Policy & Macro
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India's PLI schemes show strong results. Investments reach Rs 1.76 lakh crore. Production exceeds Rs 16.5 lakh crore. Over 12 lakh jobs are created by...
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India must focus on the sectors in which it has competitive edge over other countries, and address the problems faced by the various stakeholders so t...
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US President Trump faces a critical period, navigating a fragile Israel-Iran ceasefire, a divided party for his tax bill, and global economic uncertai...
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Leadership
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Equirus Group has appointed Vimal Chauhan as Group CFO to lead its finance, treasury, legal, and risk functions. With over 17 years of experience, he ...
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EPACK Group has appointed Narayan Lodha as Executive Director and Group CFO. He brings over 25 years of experience in corporate finance, capital marke...
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Governance, Risk & Compliance
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The Securities and Exchange Board of India (SEBI) has imposed a â¹25 lakh penalty on the Bombay Stock Exchange (BSE) for sharing company announcement...
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Jaiprakash Associates Ltd (JAL) has received five resolution plans, including bids from Adani Enterprises, Vedanta, Dalmia Bharat Cement, Jindal Power...
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Business & Fund raising
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US-INDIA-NSE-India's NSE offers $160 million to settle with regulator, move ahead with IPO, sources say
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LG Electronics India is implementing cost-cutting measures, including reducing in-store sales promoters, due to declining revenue in the first half of...
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Tata Play, formerly Tata Sky, faced a wider consolidated loss of Rs 529.43 crore in FY25, amidst stiff competition from other DTH operators. Revenue d...
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International Financial Services Centres Authority introduces a framework. This framework allows companies facing carbon emission reduction challenges...
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Vadodara-based Sudeep Pharma has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
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Industry
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Adani Total Gas Ltd. and Jio-bp have partnered to enhance the auto fuel retail experience in India. Select ATGL outlets will offer Jio-bp's high-perfo...
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India's Global Capability Centres (GCCs) are expected to grow steadily over the next four to five years, with a projected value growth of 1112% CA...
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Motorola, which makes phones through Indian contract manufacturer Dixon Technologies, historically catered to the US market almost entirely from China...
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Corporate
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Tata Steel Limited has acquired 179.10 crore equity shares in its Singapore-based wholly owned subsidiary, T Steel Holdings Pte. Ltd (TSHP), for appro...
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