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ETCFO Newsletter | Thursday, November 21, 2024

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CFO Kaleeswaran Arunachalam expressed confidence in the company's strong growth outlook, fueled by expansion in solar products, a premiumisation stra...
ICRA projects a dip to 6.5% in Q2 FY25 due to weak margins and heavy rains but expects 7% growth for the year. Morgan Stanley recently revised its FY2...
Experts said unscrupulous taxpayers exploit the online system to generate GST registrations and engage in fraudulent transactions, but biometric-based...
 
Policy & Macro
Economists anticipate interest rates to remain high due to inflation surpassing the Reserve Bank of India's target. Government officials advocate for ...
India is establishing mobile payment connections with several nations, including Sri Lanka, the UAE, and neighboring countries. The Reserve Bank of In...
 
Leadership
Cook to serve as the new CFO of Wendy's, effective December 2 2024.
The appointment comes after the departure of K Lakshmi who resigned from her position citing personal reasons earlier in the month of september.
 
Governance, Risk & Compliance
The Insolvency Bankruptcy Board of India has released a discussion paper proposing changes to the liquidation process regulations. The proposed amendm...
Mahindra Homes, a joint venture between Mahindra Lifespace Developers and Actis, has received approval from the National Company Law Tribunal (NCLT) f...
 
Accounting, Legal & Tax
Heinz India Private Limited faces a tax demand of ₹116.14 million from the Punjab VAT department for alleged short payments between FY 2011-12 and 2...
 
Industry
Primarily, the charges are: "Conspiracy to commit securities and wire fraud, as well as substantive securities fraud, for their roles in a multi-billi...
Bitcoin soared to an all-time high, surpassing $94,000, fueled by reports of a potential acquisition of crypto trading platform Bakkt by Donald Trump'...
 
Corporate
He said NTPC has developed capabilities in all areas of the renewables and enjoys certain advantages. "It's not that we started yesterday. We have bee...
Commerce Minister Piyush Goyal reiterated that e-commerce companies must comply with the nation's FDI regulations. Goyal's statement follows recent in...
He said the company will develop 522 apartments in this 6.2-acre project, with a development potential of 15 lakh square feet.
CIEL HR Services Ltd, a technology-driven HR solutions provider, has filed for an IPO with SEBI. The IPO comprises a fresh issue of ₹335 crore and a...
The primary responsibility of PG Technoplast will be setting up and managing the manufacturing facilities for electric vehicles, lithium-ion batteries...
Samsung Biologics said on Wednesday it has won two new contract manufacturing deals with a combined value of 930.4 billion won ($667.7 million) from a...
Mehta who was among the first employees of Reliance Brands has been leading the business since its inception in 2007. An industry veteran with previou...
Gig economy workers have always been required to submit identity documents before joining a platform. But companies such as Swiggy, Zepto, Blinkit and...
 
Economy
There is an urgent need for the MSMEs to invest and train their employees in these areas to survive a major disruption.
India is focusing on its content creators to showcase its rich heritage and culture. The country's creative economy is now a USD 30 billion industry. ...