| ETCFO Newsletter | Wednesday, April 30, 2025 |
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Daily Newsletter
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Top Stories
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Tax experts say that startup founders can reasonably be expected to verify investor credentials at a basic level, but asking them to furnish personal ...
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Amid rising finance costs, Roto Pumps CFO Pradeep Jain has called for the urgent reinstatement of the 3% interest subvention scheme, warning that its ...
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Companies anticipate increased demand due to income tax relief starting in April. This could boost consumption, especially in tier-2 and tier-3 market...
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Yogesh Sirohi, the Chief Financial Officer of PricewaterhouseCoopers India, has resigned after serving for over a decade. His departure follows increa...
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ITR filing deadline 2025: The income tax department has not yet notified the income tax return forms. As the one month is about to pass, will the late...
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The Reserve Bank of India has approved an interim executive committee to manage IndusInd Bank in the absence of its CEO. Senior executives Soumitra Se...
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Editor's View
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Bids offered for this OMO were worth â¹39,218 crore, versus the notified amount of â¹20,000 crore. Bonds maturing in the next four to six years saw ...
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The Reserve Bank of India (RBI) has initiated three crucial surveys, including one on inflation expectations, to inform monetary policy decisions. The...
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Policy & Macro
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President Trump expressed optimism about reaching a trade deal with India soon, despite previous tariff impositions. He temporarily suspended addition...
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Leadership
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We hereby inform that Mr. Sumant Kathpalia, Managing Director & CEO, Key Managerial Personnel of the Bank, has by his letter dated April 29, 2025, res...
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Several private sector bank CEOs, including those from Yes Bank, RBL Bank, Bandhan Bank, and Tamilnad Mercantile Bank, have recently resigned amidst c...
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Governance, Risk & Compliance
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Sebi has extended the implementation deadline for the optional T+0 rolling settlement cycle for qualified stock brokers (QSBs) to November 1, 2025. Th...
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India's market regulator on Tuesday issued norms for withdrawing an ESG rating, weeks after its chief told Reuters it is reviewing the reporting requi...
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SEBI has cautioned the public against engaging with 'opinion trading platforms,' clarifying they fall outside its regulatory oversight. These platform...
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Business & Fund raising
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Travel Food Services, operating QSRs and lounges across Indian and Malaysian airports, has received SEBI's approval for a Rs 2,000-crore IPO. The IPO ...
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The funds will support new models and increased capacity.
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Canara HSBC Life Insurance has filed its DRHP with SEBI for an IPO comprising 23.75 crore equity shares via offer for sale. Promoted by Canara Bank an...
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Corporate
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South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 percent rise in first-quarter net profit on Wednesday as consumers ru...
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Bajaj Finance Q4 Results: Bajaj Finance net profit rose 19% YoY to Rs 4,546 crore in the fourth quarter. The Board approved a series of rewards for in...
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Economy
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India's microfinance sector is facing a severe crisis as delinquency rates have surged, with gross NPAs reaching 16% in FY25. This rise has led to len...
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India Inc witnessed a 9.5% surge in top leadership hiring in FY25, driven by expansion plans and investor activism. CEO hires constituted half of top ...
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Sebi Chairman Tuhin Kanta Pandey said India remains resilient despite global headwinds, urging retail investors to stay invested long-term. Citing str...
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Markets
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Foreign investors have resumed purchasing Indian stocks, marking their longest streak since July 2023, driven by optimism surrounding potential US tra... |
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