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Cars24 appoints Infosys CFO Jayesh Sanghrajka as independent director ahead of IPO plans

Used-car platform Cars24 has appointed Jayesh Sanghrajka, Chief Financial Officer of Infosys, as an independent director. This move aims to enhance governance and capital markets expertise. Sanghrajka brings extensive experience in public markets and corporate finance. He has served on…

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Adani Ports bags 10-year contract for Argentina’s first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina’s first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani’s entry into South America. Commercial operations are set to begin in September 2027. The project…

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Why workforce planning is fast becoming the CFO’s most high-stakes investment

Workforce planning is shifting from HR’s cost-control focus to the CFO’s strategic agenda. Businesses now view talent as a key asset, prioritizing skills like AI and data engineering for competitive advantage. This necessitates a move from headcount to skills-based investment,…

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Kiwi targets Rs 5,000 crore premium book with AI-led insurance model

A new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans to use AI to transform the industry. The company will focus on reducing transaction times and costs.…

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Federal Bank eyes growth through credit cards, higher-yield assets and 100 new branches; ECL implementation on track: CFO

Manikandan M says the bank has built ECL models and data sets ahead of the RBI’s Expected Credit Loss framework, while focusing on CASA growth, margin expansion, fee income and wealth management.

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Factbox-What steps India has taken to stem pressure on its external balance of payments

India is taking steps to manage dollar outflows and strengthen its currency. Measures include boosting bond flows, tapping the diaspora, encouraging foreign currency borrowings, and increasing limits for non-resident equity investments. The Reserve Bank of India is also adjusting export…

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  • First-time home buyers: 5 mistakes that can increase your EMI burden

    First-time home buyers often make costly loan mistakes that increase EMIs and overall repayment burden. Experts explain how tenure, down payment, credit score, hidden costs and borrowing limits impact home loan affordability, helping buyers make smarter financial decisions.

  • Petrol, diesel prices today, 23 July: Fuel rates in Delhi, Mumbai, Bengaluru, Kolkata amid rising oil prices

    Petrol, diesel prices today, 23 July: Petrol and diesel prices across India remained unchanged even as Brent crude climbed to $95.5 per barrel, its highest level in more than six weeks, amid mounting concerns that the escalating conflict in the Middle East could disrupt global oil supplies.

  • 8th Pay Commission: 5 key aspects beyond fitment factor that could shape salary and pension revision, expert explains

    8th Pay Commission is expected to submit its report by May–June 2027. Here's how inflation, cost of living, economic conditions, pay parity and the fitment factor could influence salary hikes, pensions and allowances for over 1.1 crore central government employees.

  • Why share of passives still remains small in India's mutual fund industry

    Passive funds still account for just 16% of India's mutual fund assets, a fraction of the US's 55%, with growth driven mainly by corporate investors.

  • SpaceX shorts are betting $25 billion against Elon Musk. Is it time to cover?

    SpaceX's short positions surged to 206 million shares, accounting for 32% of its public shares, valued at $25 billion. Despite recent bearish sentiments, analysts remain optimistic, with over 80% recommending a buy and potential for significant growth ahead.

  • Unutilised CGAS funds: Don't let 3-year exemption deadline trigger tax notice

    A widespread misconception exists that capital gains tax remains deferred until funds are physically withdrawn from the CGAS account.

  • Income-tax returns: Here's how to file ITR online without a CA? A step-by-step guide for FY26

    Filing your income tax returns can be a tough task for first-time taxpayers and salaried individuals alike. Here's a stepwise guide to filing your ITR online yourself, without a CA or tax professional.

  • SpaceX crashes 40% from peak, but Elon Musk insists it will be ‘worth more than Earth’; Should you buy, now?

    SpaceX has lost nearly $1 trillion in market value in five weeks, despite optimism from analysts. The stock rose to $225.64 before plunging 21%. Currently, over 80% of analysts recommend buying, viewing recent declines as potential opportunities despite concerns over high valuations.

  • EPFO: Here's how EPF subscribers can transfer their old provident fund to a new account — Check stepwise guide

    Today, we take a look at how EPF subscribers can transfer their old provident fund collection to a new account, how to merge their PF accounts and what to do if they have multiple Universal Account Numbers (UANs).

  • 8th pay commission: Rent increase, no hike since 2017 — Here's why the NC-JCM is demanding HRA revision

    8th pay commission: Current house rent allowance rates were set in 2017 last, according to National Council – Joint Consultative Machinery. Here's why the NC-JCM has demanded that HRA be revised…

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