RBI approves 3-month extension for Fino Payments Bank interim CEO
In a stock exchange filing last week, Fino Payments Bank had said its board had approved extending the tenure of Merchant subject to regulatory approval.
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Go Digit General Insurance gets ₹20.51-crore GST show-cause notice over alleged ineligible ITC claims
Go Digit General Insurance has received a show-cause notice from the Directorate General of GST Intelligence demanding over ₹20.51 crore. The notice alleges ineligible input tax credit claims between September 2022 and March 2024.
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Allcargo Logistics targets ₹3,000 cr revenue by FY30, CFO bets on pricing and service quality
Allcargo Logistics aims for over ₹3,000 crore revenue by FY30, driven by service quality and disciplined pricing, said CFO Deepak Pareek. Pareek also spoke on how the company is navigating fuel cost volatility, the pricing actions built into FY27 assumptions,…
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upGrad appoints former JioStar finance head Mukesh Mundra as CFO
Edtech firm upGrad has appointed Mukesh Mundra as its new Chief Financial Officer to bolster its financial leadership during global expansion. With over 26 years of experience in diverse sectors, Mundra will oversee finance and administration, focusing on strategy and…
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Welspun World appoints former ACME Solar executive Rajat Kumar Singh as Group CFO
Welspun World has appointed Rajat Kumar Singh as its new Director and Group Chief Financial Officer, effective June 1. Singh will lead financial strategy, capital allocation, and investor relations to support the conglomerate’s growth and expansion. His extensive experience in…
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Wilmar International chief says India must target 60% self-sufficiency in edible oils
India needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-sufficiency. This move is crucial given India’s vast consumption and current reliance on imports. Stable government policies are key to encouraging…
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