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SOTC CFO sees premium demand driving double-digit growth amid rising holiday spend| GST rate rationalisation tops companies' list of demands
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ETCFO Newsletter | Thursday, June 26, 2025

Daily Newsletter
Top Stories
Farroukh Kolah expects sustained expansion as Indian travelers spend more, stay longer, and seek immersive experiences; technology and tier-2 expansio...
Businesses in India want simpler GST and fewer tax slabs. A Deloitte survey reveals that sectors like healthcare seek rate rationalisation. Most compa...
Jindal Stainless has appointed CEO and Whole-time Director Tarun Kumar Khulbe as its Chief Financial Officer, effective June 25, 2025. He will continu...
India's market regulator, SEBI, has instructed stock exchanges to monitor trading members' corrective actions following regulatory inspection violatio...
Bumble is set to reduce its workforce by nearly a third, impacting 240 roles, amidst industry-wide challenges in maintaining user engagement and econo...
 
Automation and Innovation
OpenAI is reportedly developing collaboration features for ChatGPT, potentially rivaling Google Docs and Microsoft Word. These features, including doc...
 
Policy & Macro
India's PLI schemes show strong results. Investments reach Rs 1.76 lakh crore. Production exceeds Rs 16.5 lakh crore. Over 12 lakh jobs are created by...
India must focus on the sectors in which it has competitive edge over other countries, and address the problems faced by the various stakeholders so t...
US President Trump faces a critical period, navigating a fragile Israel-Iran ceasefire, a divided party for his tax bill, and global economic uncertai...
 
Leadership
Equirus Group has appointed Vimal Chauhan as Group CFO to lead its finance, treasury, legal, and risk functions. With over 17 years of experience, he ...
EPACK Group has appointed Narayan Lodha as Executive Director and Group CFO. He brings over 25 years of experience in corporate finance, capital marke...
 
Governance, Risk & Compliance
The Securities and Exchange Board of India (SEBI) has imposed a ₹25 lakh penalty on the Bombay Stock Exchange (BSE) for sharing company announcement...
Jaiprakash Associates Ltd (JAL) has received five resolution plans, including bids from Adani Enterprises, Vedanta, Dalmia Bharat Cement, Jindal Power...
 
Business & Fund raising
US-INDIA-NSE-India's NSE offers $160 million to settle with regulator, move ahead with IPO, sources say
LG Electronics India is implementing cost-cutting measures, including reducing in-store sales promoters, due to declining revenue in the first half of...
Tata Play, formerly Tata Sky, faced a wider consolidated loss of Rs 529.43 crore in FY25, amidst stiff competition from other DTH operators. Revenue d...
International Financial Services Centres Authority introduces a framework. This framework allows companies facing carbon emission reduction challenges...
Vadodara-based Sudeep Pharma has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
 
Industry
Adani Total Gas Ltd. and Jio-bp have partnered to enhance the auto fuel retail experience in India. Select ATGL outlets will offer Jio-bp's high-perfo...
India's Global Capability Centres (GCCs) are expected to grow steadily over the next four to five years, with a projected value growth of 1112% CA...
Motorola, which makes phones through Indian contract manufacturer Dixon Technologies, historically catered to the US market almost entirely from China...
 
Corporate