NFRA and ICAI must collaborate to secure India's position as global finance leader: Shailesh Haribhakti

Shailesh Haribhakti, Chairman of Shailesh Haribhakti & Associates, emphasised the need for CFOs to provide internal auditors with the necessary resour...

Trump threatens further tariffs as EU, Canada retaliate for those already in place

Trump escalates global trade tensions by threatening more tariffs on EU goods. This follows U.S. tariffs on steel and aluminum, prompting Canada to re...

Potential investors in IIHL's bond issue reassess risk

Hinduja Group-led IndusInd International Holdings (IIHL) mandated Barclays and 360 One to syndicate the debt, people cited above said. The bank on Mon...

RBI rate cuts likely to boost India Inc's debt serviceability

While the interest coverage ratio has witnessed a marginal dip, corporate balance sheets remain robust, and lower interest costs could further strengt...

Q-Commerce to employ 5-5.5L people by next year: Report

Quick-Commerce refers to ultra-fast deliveries, often within 10-15 minutes. "India's Q-Commerce sector is expanding at an unprecedented rate, with ...

India to see USD 600 bn in alternative investments in next 3 years to boost startups: Experts

Over the next three years, India is expected to receive more than USD 600 billion in alternative investments to boost the startup ecosystem. This infl...

Vedanta promoters to maintain 50% stake in each of demerged entities: Anil Agarwal

Vedanta Ltd's promoters will retain over 50% stake in its demerged entities to create focused companies that can capitalize on opportunities more effi...

WAISL names Gurpreet Singh as CFO

WAISL Limited appoints Gurpreet Singh as CFO, succeeding Sailendu Panda. A seasoned finance leader with over 23 years of experience, he has held key r...

SEBI reduces timeline to complete rights issues to 23 days, effective from April 7

In a bid to help companies raise capital faster, the Securities and Exchange Board of India (SEBI) has reduced the timeline for completing rights issu...

Cyber fraud cases jumped over four-fold in FY2024, caused ₹175 crore losses: Govt data

Affordable data packs in the world's most populous country, starting as low as ₹11 ($0.13) per hour, have increased internet access and created a $1...

IndusInd's top two executives sold Rs 157 crore of shares in 2023, 2024

According to BSE insider trading data, Kathpalia sold nearly 950,000 shares valued at ₹134 crore between May 24, 2023, and June 25, 2024, while buyi...

IndusInd issue puts the spotlight on India's banking sector

IndusInd Bank discovered discrepancies in account balances related to currency derivatives. This prompted an internal review and raised concerns about...

Indian tech and durables sector logs 6 pc growth in Q4 2024, smaller cities outpace metros

The Indian tech and durables sector sustained its growth momentum, registering 6 per cent volume and value growth in Q4 2024 compared to the same quar...

IndiGo to invest $45 million in IFSC subsidiary

InterGlobe Aviation, IndiGo's parent company, will invest up to USD 45 million in its subsidiary IndiGo IFSC. This investment, approved by the board, ...

Zomato CEO to infuse $20 million in aerospace startup LAT Aerospace

The startup aims to develop low-cost, short takeoff and landing (STOL) aircraft for regional connectivity.

Temasek signs agreement to buy 10% in Haldiram Snacks Food

Haldiram Snack Foods reported revenue of Rs 12,800 crore in FY24. It makes and distributes 500 types of snacks, namkeen, sweets, ready-to-eat and pre-...

India's GDP growth to surpass 6.5% in FY26, driven by Sitharaman's tax cuts: Moody's

India's real GDP growth is expected to exceed 6.5% in fiscal 2025-26, supported by higher government capex and consumption boost from tax cuts and int...

74% of CEOs worry AI failures could cost them their jobs: Report

According to Dataiku's Global AI Confessions Report: CEO Edition, 74% of CEOs fear losing their jobs within two years if they fail to deliver AI-driv...