CNN 
Google News 
ESPN 
The Times of India 
BBC News 
ESPN Cricinfo 
Dainik Bhaskar 
The Hindu 
NDTV 
Indian Express 
IBN - News 18
The Economic Times
The Economic Times Byju Raveendran vows to pay staff salaries once he regains control over accounts
According to the founder of the troubled edtech firm, loss of control over the company’s accounts following SC staying NCLAT’s decision has stopped the founders from infusing more capital to pay the salaries. On August 14, the Supreme Court stayed the National Company Law Appellate Tribunal’s (NCLAT) order that approved the settlement deal between Think & Learn Pvt Ltd, the parent company of Byju's, and the Board of Control for Cricket in India (BCCI).
The Economic Times RBI governor Das ranked as top central banker for 2nd year
Das - along with Christian Kettel Thomsen of Denmark and Thomas Jordan of Switzerland - has been given A+ rating based on success in areas such as inflation control and interest rate management among others.
The Economic Times Sebi proposes changes to make rights issues quicker and more efficient for Indian companies
Sebi has proposed reforms to streamline the process for Indian companies to raise funds via rights issues. Key changes include eliminating draft offer letter, removing the merchant banker requirement, and reducing timelines.
The Economic Times Local manufacturing to give Rs 25,000 cr annual opportunity for Indian MCE industry
As the government prioritises the infrastructure investments, component localisation in the mining and construction equipment (MCE) industry could offer Rs 25,000 crore annual opportunity to construction equipment vendors by FY30, a report showed on Tuesday.
The Economic Times Top audit firms concerned after hefty penalty on BSR & Associates
The NFRA imposed a ₹10 crore fine and banned BSR & Associates LLP partners for audit lapses in Coffee Day Enterprises. The firm had depended on subsidiary auditors, which the regulator criticized, emphasizing significant overlooked investments. This hefty fine has concerned audit firms, affecting future engagements. Experts suggest that the principal auditor should not be solely accountable if subsidiary auditors comply with standards. This event occurs amid increased regulatory scrutiny and efforts to reshape India's auditing profession.
The Economic Times Steer clear of interpretative issues: CBIC to GST officers
​The statement comes days after Directorate General of GST Investigation issued a pre-show cause notice to IT major Infosys pointing to possible evasion of over Rs 32,000 crore, prompting intervention by the finance ministry.
The Economic Times Need to maintain balance between enforcement, ease of biz: Revenue Secy to GST officers
Revenue Secretary Sanjay Malhotra emphasized the need for balancing enforcement with ease of doing business while addressing GST evasion cases. He called for tracking masterminds behind fake input tax credits to ensure effective deterrence. This statement was made at the second National Conference of Enforcement Chiefs, held amid a nationwide drive to detect fake GST registrations, which started on August 16 and will run for two months.
The Economic Times GST Council likely to fix inverted duty structure; taxpayer friendly moves awaited
The 54th Goods and Service Tax (GST) Council Meeting will be held on 9th September, 2024 at New Delhi.​​ Last GST Council Meeting was held ​​on June 23, where the Union Finance Minister Nirmala Sitharaman announced that the next meeting would undertake the agendas related to rate rationalisation.
The Economic Times India Inc promoters cash out Rs 1 lakh crore in 2024. Sign of stock market peaking?
In 2024, promoter sales exceeded Rs 1 lakh crore. Data from ETMarkets and Prime Database reveal that promoters of over 250 companies have sold stakes totaling approximately Rs 97,000 crore through bulk and block deals. Promoters of listed companies have also offloaded stakes through the OFS route which accounts for another Rs 7,300 crore.
The Economic Times Dixon CFO on diversification, EMS market share & logic of iSmartU acquisition
" iSmartU is a manufacturing entity that manufactures smartphones and feature phones for brands like Itel, Tecno and Infinix, which is part of the group called Transsion Group. It is one of the world's largest groups based out of China and they have a very large market share globally as well as in India".
The Economic Times GST Intelligence uncovers Rs 1.2 lakh crore tax evasion using fake ITC since 2020
The GST intelligence department has flagged around 59,000 potential fake firms for verification and further investigation, while 170 individuals involved in these fraudulent activities have been arrested.
The Economic Times Guess CFO steps down, appoints Dennis Secor as Interim CFO
Secor is succeeding Markus Neubrand who stepped down from the position of Guess’ CFO to pursue another opportunity.
The Economic Times India Inc wants higher CSR share, more companies in youth internship scheme
The youth internship scheme unveiled by Finance Minister Nirmala Sitharaman in the Budget 2024 has the potential to make a significant impact on India's workforce development. However, experts say its success will depend on addressing financial and operational challenges, ensuring clear guidelines, and fostering strong collaboration among all stakeholders. ETCFO consulted experts on the feasibility, challenges, and necessary clarifications for this scheme. Here is what they had to say:
The Economic Times NFRA fines BSR & Associates Rs 10 crore, debars two partners for Coffee Day Enterprises audit lapses
NFRA has fined KPMG affiliate BSR & Associates Rs 10 crore and barred two auditors for serious audit failures in Coffee Day Enterprises' 2018-19 fiscal year, citing major lapses and fraudulent fund transfers.
The Economic Times India aims to expand scope of ESG debt as nation notches record
India's market regulator, SEBI, planned to broaden its sustainable finance framework by including social and sustainability-linked bonds. With India's ESG debt issuance reaching record levels in 2023, the changes were intended to support Prime Minister Narendra Modi’s green growth initiatives and address a reduction in Chinese issuances impacting the global market.
