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Sanathan Textiles CFO eyes Rs 6000 crore in revenue by FY27| ICAI to complete review of IndusInd Bank in 6 months
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ETCFO Newsletter | Thursday, June 19, 2025

Daily Newsletter
Tax, Legal & Accounting
ICAI will take at least six months to review the financial statements of IndusInd Bank and Gensol Engineering to ascertain audit lapses. The review fo...
CFO Sanjay Shah said the company is hoping to begin operations at the new plant in the current or next quarter, adding that at full scale the plant wi...
All eyes are on the Federal Reserve's upcoming decision on interest rates. Experts anticipate the Fed will likely hold rates steady. Updated economic ...
 
Strategy & Operations
President Murmu emphasized the corporate sector's vital role in India's economic progress while addressing Indian Corporate Law Service trainees. She ...
Jio Financial Services has acquired a 17.8% stake in Jio Payments Bank from SBI, making it a wholly-owned subsidiary. This follows RBI approval and co...
PNGS Reva Diamond Jewellery, based in Pune, has submitted preliminary documents to Sebi to raise Rs 450 crore through an IPO, consisting entirely of a...
Optiemus Electronics has partnered with OnePlus to manufacture premium IoT devices, including TWS earbuds and wireless neckbands, in India. Production...
The Bengaluru-based startup, which focuses on UPI payments, had raised $12 million from Incubate Fund India and Unilever Ventures last October.
Lobana, who joined Google more than seven years ago after having previously worked at the NatWest Group, American Express, Standard Chartered Bank and...
The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models, and they come at ...
The Competition Commission of India (CCI) has approved Delhivery's acquisition of Ecom Express and Mahindra & Mahindra's (M&M) acquisition of SML Isuz...
 
Top Stories
India's real estate sector saw a strong post-pandemic recovery, with residential sales rising 77% between FY2019 and FY2025 and a surge in luxury hou...
By 2035, AI-driven automation is expected to boost support to manufacturing productivity globally, with artificial intelligence detecting defects at 9...
 
Leadership
3CITS CFO Dnyaneshwar Gajmal has resigned effective June 17, 2025, citing personal reasons and new career pursuits. Appointed in November 2024, Gajmal...
 
Governance, Risk & Compliance
Standard Chartered is under the Reserve Bank of India's (RBI) examination due to identified deficiencies in its risk management procedures and irregul...
SEBI's board approved measures to ease business for market participants, including relaxed delisting norms for select PSUs and ESOP retention for star...
Securities and Exchange Board of India eased rules for foreign funds investing in Indian government bonds. Select promoters can now hold employee stoc...
1994-batch Himachal Pradesh cadre IAS officer Thakur joined the Department of Economic Affairs as an OSD in April.
The Securities and Exchange Board of India (Sebi) has sought public comments till July 8 on the proposals.
 
Economy
The Central government's borrowing costs have decreased. This reflects strong economic fundamentals and proactive policies. Government security yields...
India's fiscal dynamics have improved at the aggregate level post-pandemic, with a most notable shift in the quality of spending, which is reflected i...
ICRA projects India's real GDP growth to exceed 6.5% and GVA growth to surpass 6.3% for FY26. CPI inflation is expected above 4.2%, with a fiscal defi...