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Inactive GST tribunals hindering growth| Vivriti Capital to deepen on-ground presence: CFO| Fresher hiring in India goes up by 11% in June
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ETCFO Newsletter | Thursday, July 3, 2025

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Top Stories
As GST enters its ninth year, a key question looms: Can it become truly business-friendly without fixing tribunals and compliance burdens? CFOs say de...
CFO Badrinathan cited the company's heavy integration of technology as a means to staying on top of its stress scenarios, monitoring its lending and ...
Internal auditors in India are raising concerns about the rapid adoption of AI without adequate controls and ethical safeguards. Companies face risks ...
Reliance is restructuring to consolidate its FMCG brands, including Campa and Independence, into a new entity, New Reliance Consumer Products Ltd, a d...
India's job market saw an 11% increase in fresher hiring in June 2025, driven by accounting, insurance, and AI/ML sectors. Several cities emerged as a...
 
Policy & Macro
Donald Trump is seeking final approval Wednesday in the US Congress for his marquee tax and spending bill, with Republicans pinning their hopes on a n...
A transformative shift in India's work culture is emerging, as the country seems to be inching towards its own version of China's 996 work culture. ...
 
Governance, Risk & Compliance
SBI has classified Reliance Communications' loan account as fraud, citing diversion of funds and misuse of invoices. Anil Ambani's legal team expresse...
IL&FS has filed a plea seeking to reverse the sale of its iconic BKC building to Brookfield, alleging non-compliance with bid conditions. The insolven...
 
Business & Fund raising
TRAVEL FOOD SERVICES-IPO/India's Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation
 
Tax
Voltas has received a show cause notice from Central GST authorities regarding an alleged shortfall of Rs 265.25 crore in tax payments. The notice, pe...
 
Corporate
Foxconn is reducing its Chinese workforce at iPhone factories in India, potentially slowing production and technology transfer. This decision follows ...
 
Economy
On the positive side, India's manufacturing activity strengthened and petrol consumption increased at a fast clip.
India's GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that wit...
India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward...
India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Sin...
 
 
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