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The enormous global changes of the past decade have led to a volatile, uncertain, complex and ambiguous (VUCA) environment. Hence, the CFO’s responsibility has become more critical to hedge his or...
Nov 21, 2017
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Corporate houses looking to buy stressed assets under the NCLT-led process have expressed deep concern over grey areas in the new Insolvency and Bankruptcy Code, even as the deadline nears for the...
Nov 20, 2017
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The Unique Identification Authority of India (UIDAI) is reportedly looking into the possibility of introducing dummy or pseudo numbers, with an aim to protect every Aadhaar number with an extra...
Nov 20, 2017
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The Government of India has received applause from Moody’s for rolling out economic and institutional reforms in its three-years of governance, with the credit rating agency upgrading India's...
Nov 20, 2017
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The RBI might issue another list of around 50 loan accounts that are either under stress or close to being classified as NPAs. These accounts are in addition to the 41 that the RBI has already...
Nov 17, 2017
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The Union Cabinet has given nod for the creation of the posts of chairman and technical members of the National Anti-profiteering Authority (NAA) under GST. The apex body is aimed at ensuring that...
Nov 17, 2017
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The Government of India is considering at relaxing the fiscal consolidation roadmap, Finance Minister Arun Jaitley said at a Morgan Stanley investors' meet in Singapore on Thursday.   “No pause...
Nov 17, 2017
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One of the recent audits conducted by CB VAT for an Indian multi-national chemical company revealed that the client had lost approximately Rs 100 Cr (€10-12M) in the last 20 years due to unclaimed...
Nov 17, 2017
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An analysis by Mint has shown that the proportion of debt of Indian companies, unable to meet their interest obligations, is at its highest level since the global financial crisis of 2008. The...
Nov 16, 2017
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Chief Economic Adviser Arvind Subramanian, on Wednesday, hinted that there might be further rationalisation of the GST structure. He said that the GST Council’s decision to prune the list of items...
Nov 16, 2017
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The mergers and acquisitions (M&A) in India will continue to gather space and may touch $46.5 billion by end of this year, says a report.   The Global Transactions Forecast issued by Baker...
Nov 16, 2017
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The Government of India may put on hold several reforms in a bid to wrest a slew of state polls and 2019 parliamentary polls.    According to a Bloomberg report, several government officials...
Nov 16, 2017
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Automation is expected to increase further in 2018, making nearly 70 per cent of the Indian workforce irrelevant.  Tech analysts say that this will impact future hiring in India, where around 65...
Nov 15, 2017
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The Central Board of Direct Taxes (CBDT) is confident that the direct tax collection would not only achieve its target for 2017-18 but it would be much more.   The CBDT is the policy-making...
Nov 15, 2017
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Tax

The government might come out with detailed anti-profiteering guidelines by the first week of December, according to three people close to the development. The aim is to prescribe a methodology to...
Nov 15, 2017
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The rise in both wholesale and retail inflation numbers is due to seasonal factors, economic affairs secretary SC Garg said on Tuesday. The rate of price rise is also likely to remain below the 4...
Nov 15, 2017
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Increasing their participation in India’s primary market, foreign institutional investors (FIIs) have invested three times more in initial public offers, offers for sale and qualified institutional...
Nov 14, 2017
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The GST Council slashed tax rates of 200 items in its Friday meeting.    However, it may further rationalise the indirect tax, depending on revenue buoyancy, said Finance Minister Arun Jaitley...
Nov 14, 2017
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The government might amend the Insolvency and Bankruptcy Code to prevent promoters of bankrupt companies from reacquiring the companies during the resolution process at a big discount. Some owners...
Nov 14, 2017
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Tax

The Central Board of Direct Taxes (CBDT) may drop its proposal directing companies and professionals to submit their tax payment estimates for the next two quarters in advance.   In September,...
Nov 13, 2017
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Grant Thornton’s M&A Dealtracker report for October 2017 shows that YTD 2017, overall deal activity (M&A and PE) saw a marginal increase of 3 per cent in deal values, with deals worth USD...
Nov 13, 2017
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India will switch over to mobile phones for more financial transactions in next three-four years, Niti Aayog CEO Amitabh Kant recently said at Amity University’s Noida campus. "India will make...
Nov 13, 2017
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Considering the wider and equal opportunities available to all citizens to access banking and financial services, the Reserve Bank of India (RBI) has decided not to pursue Islamic or interest-free...
Nov 13, 2017
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The GST Network (GSTN) has said that businesses can make changes to the forms uploaded on the portal to claim transition credit. "The facility to revise Form GST TRAN-1 declaration has been...
Nov 13, 2017
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The government will put in more money in public sector banks to strengthen the banking system and catalyse economic growth, Finance Minister Arun Jaitley said on Sunday.    He was speaking to...
Nov 13, 2017
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The GST Council has reduced the tax rate on a wide range of widely-consumed items to 18% from current 28%. The council reduced the list of items attracting the top 28% tax rate to just 50 from 227...
Nov 10, 2017
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If everything goes as planned, the government would repurchase a series of sovereign bonds at least two months earlier than the scheduled maturity in January 2018. The bonds, which offered 6.25...
Nov 10, 2017
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The Reserve Bank of India (RBI) has introduced simplified norms for hedging exchange rate risk as part of which companies can take exposure of up to USD 30 million on gross basis. The central bank...
Nov 10, 2017
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The Enforcement Directorate (ED) conducted searches in 620 firms after the government announced demonetisation last year.    The raids carried out between November 2016 and September 2017, were...
Nov 10, 2017
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In recent years, the use of International Financial Reporting Standards (IFRS) as a common language for financial reporting has gained wide acceptance in almost 140 countries across the globe. In...
Nov 10, 2017
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Finance Minister Arun Jaitley will present Union Budget 2018 on February 1, a senior government  official told LiveMint.    The practice of tabling Budget on February 1 was started by the...
Nov 10, 2017
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Mergers and acquisitions have never failed to create a buzz in business circles and financial markets. It is as thrilling as a whodunit story. What is the motive? Is it hostile or benign? Are there...
Nov 10, 2017
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CFOs are already on the road to recovery from the recent economic and regulatory disruptions (willing to take investment risks), according to Deloitte’s annual CFO Survey for 2017. Given the macro-...
Nov 09, 2017
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In today’s environment of increasing use of and dependence on technology, complex and large volumes of business transactions, and multijurisdictional presence with cultural diversity, the risks for...
Nov 09, 2017
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In these uncertain times, what would you say are the main challenges faced by CFOs in cost saving?   Saru Kaushal: The role of CFOs today is becoming fundamentally challenging as they are...
Nov 09, 2017
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News of class action litigation seems to have got a new lease of life with Indian companies being sued in the United States, primarily under securities laws there. Class action suits against Indian...
Nov 09, 2017
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There are a lot of jerks in the workplace. I should know. Over the last decade, since I began digging into the effects of incivility, thousands of people have asked me for advice about dealing with...
Nov 09, 2017
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V S Parthasarathy   In the current fluid scenario, forecasting the shape of things  to come could very well be an exercise in futility. Ninety per cent of the CFOs polled in a survey viewed...
Nov 09, 2017
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Santosh Babu   Organisational efficiency is about doing things faster and with optimal use of resources. But the concept has been inter­preted to make leadership a subset of it. This is...
Nov 09, 2017
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Nirmala Menon   India’s inclusive agenda has seen institutional pro­motion of gender diversity through radical laws – promoting women in education, in STEM, in IITs, in boardrooms and in every...
Nov 09, 2017
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Q. The Kotak panel in its recent report proposed some radical changes. In fact, even the Ministry of Corporate Affairs (MCA) has turned down 12 of its 24 recommendations. Your comment.Arun M Kumar:...
Nov 09, 2017
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Gagan Adlakha   Organisations need a pipeline of disruption-proof leadership. Do the uncertain times call for predictive leadership or responsive leadership? What is the difference and how to...
Nov 09, 2017
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A senior US Treasury official has questioned World Bank lending to countries like China that are rich enough to finance their own development. David Malpass, Treasury's under secretary for...
Nov 09, 2017
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The following article is based on a panel discussion during the annual CFO Conclave held between 15 and 17 September. The panellists were Nandita Gurjar, Advisor-Startups and Badri sanjeevi, Co-...
Nov 09, 2017
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The GST Council meeting scheduled on Friday is likely to provide a push to digital payments.     A senior government official told ET that a proposal has been made in this regard.   The...
Nov 09, 2017
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The following article is based on a panel discussion during the annual CFO Conclave held between 15 and 17 September. The panellists were(L to R) Rishabh Kaul, Co-founder, Belong.co; Alok Bajpai,...
Nov 09, 2017
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The following article is based on a panel discussion during the annual CFO Conclave held between 15 and 17 September. Giri Giridhar, CFO, Indian Hotels was the moderator. The other panellists were (...
Nov 09, 2017
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India has lost its position as the second best in the quarterly global survey on business optimism. The country slipped to the 7th position in the September quarter, as per Grant Thornton's...
Nov 09, 2017
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Insurance Regulatory and Development Authority of India (IRDAI), on Wednesday, said linking insurance policies with Aadhaar is mandatory and asked insurers to comply with the statutory norms...
Nov 09, 2017
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The following article is based on a panel discussion during the annual CFO Conclave held between 15 and 17 September. The panellists were (L to R) Rishabh Kaul, Co-founder, Belong.co; Praveen Sood,...
Nov 09, 2017
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