| ETCFO Newsletter | Saturday, April 26, 2025 |
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Daily Newsletter
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Top Stories
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IREDA has accused Gensol Engineering's promoters of breaching their contract by diluting shareholding without lender approval and filed a complaint wi...
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The government has notified the Goods and Services Tax Appellate Tribunal (GSTAT) (Procedure) Rules which make it online filing of applications mandat...
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Experts applaud the government's 1% TCS rule on luxury goods above Rs 10 lakh, aimed at curbing black money and enhancing tax transparency. However, t...
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The Supreme Court has overturned high court orders that had halted actions against major defaulters, allowing the RBI and banks to resume proceedings....
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Reliance Industries reports a rise in its March quarter net profit. The company's retail business rebounded. Its oil business defied the global downtr...
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American consumer confidence saw a dip in April. This decline marks the fourth consecutive month of weakening sentiment. Concerns about tariffs and po...
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US President Donald Trump on Friday told reporters his administration will be reasonable as it enacts tariffs, adding that he thinks financial markets...
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India's direct tax collections demonstrated substantial growth, climbing 15.59% to reach Rs 27.02 lakh crore in FY24-25, driven by increased corporate...
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India continues to maintain its 5th position in the overall global patent filings and over 86,000 AI-related patents were filed between 2010 and 2025,...
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Policy & Macro
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Amid escalating trade tensions, China is considering excluding essential U.S. products from retaliatory tariffs, particularly in healthcare and semico...
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Federation of Indian Micro and Small & Medium Enterprises requests revisions to banking rules. The aim is to help MSMEs facing temporary financial dif...
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Leadership
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Volvo Cars has a new Chief Financial Officer. Fredrik Hansson takes over with immediate effect. He replaces Johan Ekdahl. Ekdahl steps down after almo...
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Corporate
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Nokia Solutions and Networks India divested its 0.95% stake in Vodafone Idea (Vi) through a bulk deal, raising Rs 785.67 crore. Goldman Sachs (Singapo...
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Vedanta is intensifying its focus on critical minerals and energy transition metals through strategic M&A and technological advancements. The company ...
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Economy
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The Asian Development Bank (ADB) pledged $5 billion in loans and grants to India in 2024, along with $2.2 billion in cofinancing, to support key devel...
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India's economy continues to show signs of stability and resilience despite global uncertainties, according to EY's Economy Watch report.
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