ETCFO Newsletter | Thursday, July 3, 2025 |
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 Daily Newsletter
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Top Stories
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As GST enters its ninth year, a key question looms: Can it become truly business-friendly without fixing tribunals and compliance burdens? CFOs say de...
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CFO Badrinathan cited the company's heavy integration of technology as a means to staying on top of its stress scenarios, monitoring its lending and ...
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Internal auditors in India are raising concerns about the rapid adoption of AI without adequate controls and ethical safeguards. Companies face risks ...
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Reliance is restructuring to consolidate its FMCG brands, including Campa and Independence, into a new entity, New Reliance Consumer Products Ltd, a d...
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India's job market saw an 11% increase in fresher hiring in June 2025, driven by accounting, insurance, and AI/ML sectors. Several cities emerged as a...
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Policy & Macro
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Donald Trump is seeking final approval Wednesday in the US Congress for his marquee tax and spending bill, with Republicans pinning their hopes on a n...
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A transformative shift in India's work culture is emerging, as the country seems to be inching towards its own version of China's 996 work culture. ...
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Governance, Risk & Compliance
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SBI has classified Reliance Communications' loan account as fraud, citing diversion of funds and misuse of invoices. Anil Ambani's legal team expresse...
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IL&FS has filed a plea seeking to reverse the sale of its iconic BKC building to Brookfield, alleging non-compliance with bid conditions. The insolven...
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Business & Fund raising
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TRAVEL FOOD SERVICES-IPO/India's Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation
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Tax
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Voltas has received a show cause notice from Central GST authorities regarding an alleged shortfall of Rs 265.25 crore in tax payments. The notice, pe...
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Corporate
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Foxconn is reducing its Chinese workforce at iPhone factories in India, potentially slowing production and technology transfer. This decision follows ...
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Economy
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On the positive side, India's manufacturing activity strengthened and petrol consumption increased at a fast clip.
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India's GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that wit...
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India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward...
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India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Sin...
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