ETCFO Newsletter | Tuesday, June 17, 2025 |
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Daily Newsletter
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Tax, Legal & Accounting
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Meesho has received approval to relocate its base from the United States back to India. The e-commerce firm will demerge its Indian operations from it...
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Tax experts have voiced concerns regarding the overuse of GST audit scrutiny notices under Section 74(A), intended for fraudulent cases, during a GST ...
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Auditors flagged OnePlus Technology India for hosting accounting software on foreign servers, using non-English program codes, delayed employee provid...
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Strategy & Operations
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The deals included five growth-stage and 14 early-stage startups, while one startup chose not to disclose its funding details.
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The automotive sector is set to lead salary hikes in FY25, offering an average increase of 10.1%, ahead of the 8.8% average across India Inc, accordin...
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India Inc's operating profit margins are expected to increase by 10 to 40 basis points to 18.2-18.5 per cent in Q1 (April-June) of FY2026, following t...
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The Central Public Sector Enterprises (CPSEs) have contributed a record Rs 4.85 lakh crore to India's financial resources in FY2023- 2024, a 120 per c...
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Leadership
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RedBus has appointed Saurabh Agarwal as its new chief financial officer, bringing over two decades of experience in financial leadership and corporate...
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Governance, Risk & Compliance
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Amidst PM Modi's Cyprus visit, Congress alleges a key figure in the Adani "scam" holds Cypriot citizenship. Jairam Ramesh claims SEBI investigations a...
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In May, Sebi's SCORES platform addressed 4,493 investor grievances while receiving 4,793 new complaints, leaving 4,563 unresolved by month's end. Enti...
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Economy
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The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economi...
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India's wholesale inflation (WPI) stood at 0.39% in May 2025, driven by higher prices in food manufacturing, electricity, and chemicals. The overall ...
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India's economy continues to demonstrate resilience amid global uncertainties, as country's real GDP grew by 7.4 per cent in the fourth quarter of FY2...
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