“IndusInd International Holdings (IIHL) is trying to reduce the cost by nearly one percentage point and is seeking a cheaper loan through ongoing discussions with the lenders,” one of the sources said. “The loan arrangement must be finalised before May…
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Last week, the RBI announced a steep cut in the government’s borrowing through Treasury Bills, reducing the amount of funds that the Centre would have garnered through these short-term instruments by ₹60,000 crore.
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Puri heads ITC Ltd, a conglomerate with businesses in FMCG, hotels, paperboards & packaging, agribusiness and IT. He is also the chairman of ITC Infotech India Ltd, its subsidiaries in the UK and US and Surya Nepal Private Ltd.
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Cash levels among global fund managers have dropped to a three-year low of 4%, with allocations to stocks reaching the highest level since January 2022.
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These investments signal a potential shift in the competitive landscape, with these mid-sized brands poised to challenge larger players.
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Amarjit Chopra, former President of ICAI, emphasizes the critical need for accountability beyond auditors in corporate frauds. In an insightful interview with ETCFO, Chopra discusses the roles of promoters, CFOs, and directors, urging comprehensive reforms for enhanced corporate governance.
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