| ETCFO Newsletter | Wednesday, August 20, 2025 |
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Daily Newsletter
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Top Stories
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Economists have hailed Prime Minister Narendra Modi's proposed Goods and Services Tax (GST) rate rationalisation as a timely move to spur consumption...
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The imposition of additional US import duties could weigh heavily on export-oriented MSMEs, particularly those in gems and jewellery, textiles, and ma...
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Bachchavat will succeed Brham Prakash Yadav, who will step down from the CFO role on October 15, 2025.
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In a major development, China conveyed on Monday it has lifted export restrictions on fertilizers, rare earth magnets, and tunnel boring machines to I...
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The central government will present the Online Gaming Bill 2025 in Lok Sabha. Ashwini Vaishnaw will introduce the bill. It focuses on regulating onlin...
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Automation and Innovation
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OpenAI is targeting the Indian market with ChatGPT Go, a cheaper subscription. It costs Rs 399 per month. This offers more access than the free tier. ...
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Tata Consultancy Services inaugurated a new AI-powered operations center in Mexico City. This facility marks TCS' eighth center in Mexico. The company...
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Expectations of IT business growth in 2025 have been successively slashed by all leading forecasters Canalys, Forrester, Gartner and IDC since...
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Policy & Macro
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The Centre is poised to introduce a Constitution amendment bill addressing the removal of high-ranking officials arrested for serious crimes. This inc...
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India and China have agreed to resume direct flights and increase trade and investment to rebuild relations after a 2020 border clash. Discussions dur...
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US White House Press Secretary Karoline Leavitt on Tuesday (local time) said that US President Donald Trump imposed tariffs on India to deter Russia f...
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India is setting its sights on becoming a global hub for green hydrogen exports, with the government laying out an ambitious roadmap to capture a sign...
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Leadership
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Nothing has appointed Hemant Kundavaram as CFO for its India operations, signaling the country's strategic importance. Kundavaram's extensive experien...
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FincFriends, the NBFC of RupeeRedee, has appointed Vishal Bhatia as CFO. Bhatia has experience in lending and fintech. He will oversee financial plann...
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Governance, Risk & Compliance
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The cabinet has approved a bill to ban online money gaming due to addiction and financial losses. The bill proposes penalties for violations and impac...
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Sebi may ease IPO rules for mega companies. This could help Reliance Jio's stock market debut. New rules could lower the required share float. Citi be...
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The National Housing Bank is intensifying its scrutiny of housing finance companies due to breaches in loan-to-value regulations, particularly for hig...
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Securities and Exchange Board of India cracked down on market manipulators. They acted against 886 entities for unfair trade practices. These actions ...
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Business & Fund raising
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Akasa Air finalized strategic investments from Premji Invest, 360 ONE Asset, and Claypond Capital, along with additional funds from the Jhunjhunwala f...
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Weaver Services, a tech-led housing finance platform, is raising Rs 1,481.5 crore in funding led by Lightspeed and Premji Invest. Focused on affordabl...
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Industry
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USA-TRUMP-TARIFFS-INDIA-Facing Trump tariffs, India's shrimp farmers consider switching to other businesses
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