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ETCFO Newsletter | Tuesday, June 17, 2025

Daily Newsletter
Tax, Legal & Accounting
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...
Tax experts have voiced concerns regarding the overuse of GST audit scrutiny notices under Section 74(A), intended for fraudulent cases, during a GST ...
Auditors flagged OnePlus Technology India for hosting accounting software on foreign servers, using non-English program codes, delayed employee provid...
 
Strategy & Operations
The deals included five growth-stage and 14 early-stage startups, while one startup chose not to disclose its funding details.
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...
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...
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...
 
Leadership
RedBus has appointed Saurabh Agarwal as its new chief financial officer, bringing over two decades of experience in financial leadership and corporate...
 
Governance, Risk & Compliance
Amidst PM Modi's Cyprus visit, Congress alleges a key figure in the Adani "scam" holds Cypriot citizenship. Jairam Ramesh claims SEBI investigations a...
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...
 
Economy
The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economi...
India's wholesale inflation (WPI) stood at 0.39% in May 2025, driven by higher prices in food manufacturing, electricity, and chemicals. The overall ...
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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