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The Economic Times
The Economic Times The CFO’s Playbook 2025: Redefining India Inc Leadership
Deepesh Baxi, CFO of Castrol India Limited, explores the evolving role of CFOs in India, focusing on strategic risk management, technology adoption, innovation, and sustainability to navigate future challenges and drive growth.
The Economic Times Minimum Government Maximum Governance is India's reform agenda: FM Sitharaman
Sitharaman emphasized the pivotal reform of 'Minimum Government, Maximum Governance' as a major step towards achieving ideological clarity in India's economic framework.
The Economic Times GDP slowdown in Q2 not systemic, Q3 to compensate for moderation: FM
In the first half, the government spent only 37.3 per cent of its capital expenditure target of Rs 11.11 lakh crore for FY25.
The Economic Times Seasonal demand coupled with capex recovery expected to drive better earnings in H2: Anand Shah
Consumption, as I said, there is a natural second half being better than first half, that should play out. So, consumption should recover on its own given the festive seasons and the wedding season comes through in the second half of the year.
The Economic Times CCI sends notice to UltraTech Cement for its proposed acquisition of Chennai-based India Cements
India's Competition Commission is reviewing UltraTech Cement's acquisition of India Cements for potential competitive impacts. UltraTech, already the country's largest cement producer, has defended the deal, citing the fragmented southern market with numerous players.
The Economic Times Weddings expected to generate record business for hotels this season
The Indian wedding industry is booming, leading to record bookings and revenue for hotels. Demand is high, particularly for destination weddings, with auspicious dates driving a surge in travel and pushing room rates to peak season levels. Couples are seeking personalised experiences, influencing every detail from menus to decor.
The Economic Times India and China plan special representatives meeting this month
India and China's special representatives, including their National Security Advisors, are scheduled to meet in Beijing this month. This marks the first such meeting in three years and follows recent disengagement agreements along the Ladakh border. The meeting aims to address border issues, de-escalation efforts, and broader geopolitical concerns.
The Economic Times Sony, Panasonic & other Japanese consumer electronics brands reclaim ground without 'war'
Japanese consumer electronics brands like Sony, Panasonic, and Hitachi are experiencing a resurgence in India. By focusing on higher-margin products like large-screen TVs and avoiding price wars, they have improved profitability and sales. This shift comes after years of sluggish performance against Korean and Chinese competitors.
The Economic Times Adani Wilmar promotes CFO Shrikant Kanhere as Deputy CEO
Based in Ahmedabad, Kanhere will take on this new responsibility while continuing in his role as Chief Financial Officer (CFO), a position he has held since joining the company in 2013.
The Economic Times India's forex reserves up $1.51 bn at $658.09 bn as of November 29
India's foreign exchange reserves saw a boost, reaching $658.09 billion by November 29, a $1.51 billion increase. This growth was primarily driven by a $2.06 billion surge in Foreign Currency Assets. However, gold reserves experienced a slight dip, decreasing by $595 million. Both Special Drawing Rights and the IMF reserve position saw modest increases.
The Economic Times Growth in second half to be better than Apr-Sep, says RBI Governor
RBI Governor Shaktikanta Das expressed confidence in improved growth during the latter half of the fiscal year, despite lowering the FY25 projection to 6.6%. This follows a 5.4% GDP growth in the second quarter, the lowest in seven quarters. Improved agricultural output and industrial recovery are expected to drive growth. Das emphasized the commitment to controlling inflation for sustainable growth.
The Economic Times Real estate CFOs give thumbs-up to RBI policy, say it ensures certainty in borrowing costs and liquidity
CFOs from the real estate and construction sectors have praised the RBI’s decision to maintain the repo rate at 6.5% and stance neutral, highlighting its role in ensuring stability, managing costs, and supporting growth.
The Economic Times At Rs 1.4 lakh crore, IPO mop-up in 2024 more than doubles over last year
India's IPO market saw a record-breaking year in 2024 with 298 companies raising Rs 1.4 lakh crore, surpassing the previous high of Rs 1.3 lakh crore in FY22. Experts predict 2025 will also be strong, driven by economic growth and anticipated IPOs from major companies like LG India, Jio Telecom, and Tata Capital.
The Economic Times Cummins India CFO Ajay Patil resigns
Cummins India announced the resignation of CFO and Vice President Ajay Patil, effective January 9, 2025. Patil, with over 34 years of experience, joined the company in March 2020 following Rajiv Batra’s retirement.
The Economic Times iStreet appoints Akshay Sapkal as CFO
iStreet Network Limited has appointed Akshay Sapkal as CFO, bringing three years of global finance expertise to drive strategic growth.
