Mayank Jain

India Inc. isn’t very positive about the future growth of their business as both the engines of the Indian economy have slowed down. Private investment and consumption demand are both wobbling and...
Aug 08, 2019
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As part of a CFO India - SAP Concur initiative, senior finance professionals descended in Bengaluru for a roundtable around the trends in travel and expense management for organizations. Here are...
Aug 07, 2019
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  In a troubling finding during its audit, the Comptroller and Auditor General of India has observed that the government of India has total tax demand arrears of staggering Rs 11 lakh crore till the...
Aug 07, 2019
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The saga is far from over. Even as the IndiGo management tried to play down the spat between the two founders of the airline and passed resolutions to restructure the board and introduce more...
Aug 07, 2019
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On Wednesday, the Reserve Bank of India cut the repo rate by 35 basis points to bring it down to 5.4%, making it the fourth reduction in a row since Shaktikanta Das took over as the RBI Governor last...
Aug 07, 2019
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What are the major changes in spend management policies in organisations? As a finance leader in command of a workforce that has feet on the ground, travel and spend management becomes a crucial...
Aug 01, 2019
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In a rare piece of positive news from the beleaguered Infrastructure Leasing & Financial Services which has an outstanding debt of about Rs 1 lakh crore, the company board said that it’s taking...
Jul 25, 2019
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Even as the Finance Minister Nirmala Sitharaman tried to strike a positive note during the budget and gave reassurances that India is a growing economy set to scale new heights, many independent...
Jul 25, 2019
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In a free-wheeling chat with CFO India, MP Vijay Kumar, CFO, Sify Technologies detailed the various milestones of his journey within Sify, both as a leader of the financial function and as a member...
Jul 19, 2019
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Strategic thinker, author, financial leader, academician?  M P Vijay Kumar refuses to be bracketed as any - perhaps why Chairman of Sify Technologies, Mr. Raju Vegesna leaned on him to chart the...
Jul 19, 2019
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What are the major changes in spend management policies in organisations? As a finance leader in command of a workforce that has feet on the ground, travel and spend management becomes a crucial...
Jul 17, 2019
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Edelweiss is in advanced stages of conversation with US-based Kora Management to sell 20 percent of Edelweiss Wealth Management for Rs 2,000 crore, valuing the business at Rs 10,000 crore, according...
Jul 17, 2019
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Even as many economists including former RBI Governor Raghuram Rajan have critiqued the government’s plan of $10 billion sovereign borrowing, the State Bank of India has said that the borrowing will...
Jul 17, 2019
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India’s biggest domestic carrier is going through some turbulence right now. With the allegations about related party transactions put forward by promoter Rakesh Gangwal, the company has been...
Jul 17, 2019
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Tata Group paid the government and its lenders about Rs 50,000 crore to complete the sale of its mobile-phone services business to Bharti Airtel Ltd. through a deal that was announced two years ago...
Jul 08, 2019
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In an unprecedented move in the world of new-age startups, Oyo Hotels & Home founder Ritesh Aggarwal is in talks to buy back shares worth $1.5 billion from investors such as Sequoia Capital and...
Jul 08, 2019
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Companies and individuals relying on cash to pay for their business expenses are in for some pain. The budget proposals laid out by Finance Minister Nirmala Sitharaman prescribe a 2% TDS on cash...
Jul 08, 2019
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Even as the government sought to rein in its fiscal deficit target at 3.3% for the financial year ending March 2020, many crucial ministries and departments saw their allocations being cut to size by...
Jul 05, 2019
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While delivering the first budget of the current government’s second term, Finance Minister Nirmala Sitharaman focussed on the importance of ease of doing business and claimed that enterprises remain...
Jul 05, 2019
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On July 5, Finance Minister Nirmala Sitharaman presented the first ever budget for the second term of the current government and set an ambitious target of making India a $5 trillion economy by 2024...
Jul 05, 2019
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In a blow to the narrative of a growing services and consumption led economy, India’s services sector contracted in the month of June as weak sales, competition and taxation burden hampered output, a...
Jul 04, 2019
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It’s not the best time to be a non-banking finance company in India. Investigations in the default by corporate giant IL&FS have marred sentiments across the sector and raised questions about the...
Jul 04, 2019
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Retail wealth management firm Bajaj Capital is looking to raise additional funds to boost its expansion drive in the underserved financial products market through private equity investments.    The...
Jul 02, 2019
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India’s manufacturing sector is not growing as fast as it once did. The Nikkei India Manufacturing Purchasing Managers’ Index fell from 52.7 in May to 52.1 in June, bringing the expansion levels to a...
Jul 02, 2019
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Non-banking finance companies saw their share in retail credit shrink to 26.6 percent in FY19 from 39.1 percent a year earlier, the Reserve Bank of India said in its Financial Stability Report. This...
Jul 02, 2019
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The Reserve Bank of India is in the process of amending its landmark February 12 circular which deals with the resolution process for stressed assets, according to sources quoted by news agencies and...
May 22, 2019
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Sustained liquidity crunch along with caution among the Non-Banking Finance Companies (NBFCs) about their exposure to real estate has led to tightening of purse strings towards the cash-strapped...
May 22, 2019
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The Insolvency and Bankruptcy Board of India (IBBI) will now be the competent authority to act against erring resolution professionals instead of the National Companies’ Law Tribunal (NCLT),...
May 22, 2019
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In a move that could be seen as a good news for the renewable energy market suffering due to non-flexibility of conventional stations, a government-appointed panel has recommended that coal-fired...
Apr 20, 2019
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In its latest monetary policy review, India’s central bank cut rates by 0.25% to bring down the benchmark repo rate to 6%. While the six member monetary policy committee consisting of the RBI...
Apr 20, 2019
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Deloitte Haskins & Sells did not do enough due diligence in its audit of the books of IL&FS Financial services, a subsidiary of Infrastructure Leasing and Financial Services, Serious Fraud...
Apr 20, 2019
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The bond markets seeking higher yields gave a rather lukewarm response to the Reserve Bank of India’s recently auctioned three-year bonds worth Rs 3,000 crore, amid tight liquidity in the market.  ...
Apr 20, 2019
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A new tax return form released by the Income Tax department could bring many investors and directors of unlisted companies under direct scrutiny of the taxmen. According to the newly released form,...
Apr 20, 2019
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Even as more promoters are approaching banks with one-time settlement offers to prevent the takeover of their companies, the recoveries from bankruptcy cases are on the decline as demand for sick...
Apr 18, 2019
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In 2018, PE/VC investments reached US $1.4 trillion making it the best year since 2007 for the PE industry globally and substantial part of this growth is due to the rise of mega deals in Americas...
Apr 18, 2019
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Global conditions and uncertainty around impending Brexit led to a 33 percent decline in merger and acquisition deals in the first quarter of 2019 in value terms. A total of 110 M&A deals worth $...
Apr 18, 2019
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