ETCFO Newsletter | Wednesday, June 25, 2025 |
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Daily Newsletter
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Top Stories
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At an ETCFO webinar titled 'CFO's role in the IPO Journey', CFOs as well as market experts called valuation an art more than a science, implying that...
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The recommendations will be placed before the GST Council at its next meeting, which is likely to be held in July, for a final call on the tax rates.
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Following the 2024 budget's tax rule changes, investors are showing renewed interest in Fund of Funds (FoFs), particularly in precious metals and inte...
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Explore a roadmap for Indian accounting firms to build global networks and compete with industry giants through regulatory reform, investment strategi...
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The CBIC has established clear procedures for review, revision, and appeal of orders issued by Common Adjudicating Authorities, addressing jurisdictio...
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Policy & Macro
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Karnataka Chief Minister Siddaramaiah on Tuesday met Union Finance Minister Nirmala Sitharaman to request the Central government to follow a pro-growt...
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Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday, gave its approval for the draft bill to amend the Maharashtra Goods and ...
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Governance, Risk & Compliance
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The Supreme Court has taken a strong stance against GST defaulters who use bail deposits in High Courts as a loophole to challenge their financial obl...
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UltraTech Cement's acquisition of India Cements comes with the challenge of meeting SEBI's minimum public shareholding requirements. To comply, they m...
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The Bombay High Court has directed the Maharashtra government to fairly reward informers who provide credible information leading to the apprehension ...
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The CBIC has extended the validity of No Objection Certificates for imported alcoholic beverages bottled at origin or in bulk with over 10% alcohol co...
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In Indore, the CGST department has cancelled 100 fraudulent GST registrations in the last six months, primarily in scrap, agriculture, and trading sec...
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Business & Fund raising
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Adani Airports Holdings has successfully refinanced $750 million in debt for Mumbai International Airport with backing from major international funds ...
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The OFS includes 35,000 shares each by promoters Sharad Khandelwal and Vidhi Sharad Khandelwal, and 50.3 lakh shares by Amiable Electronics Private Li...
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While it may not deliver quick gains, its balanced model, steady asset quality, and room for expansion offer potential for consistent compounding.
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Vedanta Resources has secured a USD 600 million term loan to refinance a high-cost private credit facility, with USD 380 million already committed by ...
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Industry
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India's commercial real estate sector has transformed into a globally competitive market, attracting multinational tenants and institutional investors...
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India's gold import dynamics saw a shift in FY2025 following a sharp reduction in import duty from 15% to 6%, effective July 24, 2024. According to a ...
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Corporate
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Reliance Brands, the luxury retail arm of Reliance Retail, is merging its operations with its parent company as Reliance Retail prepares for a potenti...
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Hindalco Industries, through its subsidiary, is set to acquire AluChem Companies, Inc. for $125 million, marking its entry into the low soda Tabular A...
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Jaguar Land Rover will assemble luxury vehicles in Tamil Nadu by early 2026, investing â¹9,000 crore over five years. Tata Motors has delayed the Avi...
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The Competition Commission of India (CCI) has approved Bain Capital's acquisition of a stake in Manappuram Finance and Manappuram Asset Finance. Bain ...
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