CitiusTech has appointed Navneet Khandelwal as Group CFO, succeeding Prashant Mahagaonkar. Navneet brings nearly 25 years of experience in IT services, with leadership roles at Wipro, ITC Infotech, Microland, and Zensar Technologies. He will oversee the company’s global finance, legal,…
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While Gensol is facing allegations of fraud, the crisis at IndusInd Bank pertains to discrepancies in its forex derivative portfolio.
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Global professional services firms are resisting ICAI’s draft guidelines for overseas networks, citing excessive disclosure requirements and ambiguous terminology. These firms express concerns about confidentiality breaches and increased operational complexity. The proposed rules could hinder global accounting firms’ operations in…
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Vedanta Ltd, led by Anil Agarwal, has contributed significantly to the government exchequer, amounting to Rs 4.5 lakh crore over the past decade. In FY25 alone, the company contributed Rs 55,349 crore through various payments, with substantial contributions from its…
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Australians are preparing to file their tax returns. The Australian Taxation Office (ATO) pre-fills income information. Taxpayers should verify accuracy and report all income sources. Deductions require proof and must relate to income. The ATO will focus on work-from-home, vehicle,…
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Oil prices increased amid concerns over potential disruptions from the Israel-Iran conflict, with investors awaiting clarity on possible US involvement. Asian markets showed mixed performance; Japan’s core inflation rose, while China’s central bank held loan rates steady. The Bank of…
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