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Fast, Quick and Fearless: Inside Suman Hegde’s Journey from HUL to JubilantFoodWorks

Calm, curious and quietly disruptive, Suman Hegde, CFO of Jubilant FoodWorks, is redefining how finance powers India’s quick service restaurant (QSR) revolution. How is she transforming finance with technology, balancing compliance with agility, and shaping a future-ready, human-centred CFO playbook…

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High US tariffs to cut Indian leather industry revenue by 10-12% this fiscal: Crisil Ratings

Indian leather firms face a revenue drop of 10-12 percent this fiscal. The United States imposed steep 50 percent tariffs, significantly impacting exports. This will slash export volumes by 13-14 percent. Higher realisations from finished leather products to the US…

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US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

New US sanctions on Russia’s top oil firms could affect Reliance Industries’ crude imports. State-run refiners may continue buying Russian oil through traders. Reliance, a major buyer, might need to adjust its imports. Other companies like Nayara Energy could also…

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New banking laws for nomination facilities for deposit accounts, lockers to kick in from Nov 1

The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1 this year, the Finance Ministry announced on Thursday.

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Renault to control capex, R&D expenditure in next strategic plan, says CFO

French automaker Renault plans to control its spending on capital and research. Finance chief Duncan Minto stated that these expenses will not exceed eight percent of the company’s revenues. This move aims to protect the break-even point. It will ensure…

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Over 350 distilleries face uncertainty over ethanol allocation under new tender: Industry body

Over 350 distilleries face an uncertain future due to inadequate procurement orders in the latest ethanol tender. Industry bodies criticize the allocation methodology, alleging it favors new entrants over existing units and ignores surplus capacity in neighboring states, potentially jeopardizing…

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  • 8th Pay Commission accelerates consultations on fitment factor and salary revision – top 5 updates

    8th Pay Commission gathers pace: The Commission is inviting stakeholder feedback before finalizing recommendations on the fitment factor, salaries and pension reforms expected to impact over 1.19 crore beneficiaries.

  • Bank holiday today: Are bank operations shut for Muharram on 26 June in Mumbai, Delhi, Chennai? Check RBI calendar here

    Bank holiday today: Banks are closed across cities in India today on account of Muharram. In addition to the common national and gazetted holidays, banks in India could have local holidays and festivals off, as required.

  • Should you invest in last year’s top mutual fund? Experts warn against this common mistake

    Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.

  • Micron shares surges after blockbuster earnings: Here's what is driving the rally and how Indians can invest

    Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.

  • Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years

    Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.

  • I asked ChatGPT which financial mistakes people in their 40s regret the most, and it gave me a lot to think

    Many professionals in their 40s discover that their biggest financial mistakes were not bad investments, but delayed decisions. By this stage, income is often at its peak, but competing obligations can make it easy to feel wealthy even as you fall behind on long-term goals.

  • Should you switch SIPs to last year’s top-performing fund? This study has the answer

    Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.

  • UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles

    UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection. 

  • Energy mutual funds: Meaning, top 5 funds, key factors, advantages and risks explained

    Energy funds are thematic equity schemes that invest primarily in companies in the energy sector. These funds invest in oil & gas exploration, refining, power generation and distribution, coal mining, renewable energy, energy equipment, and financing companies. 

  • I asked ChatGPT to plan a semi-luxury trip to Azerbaijan for 2 — It gave a modest ₹60K budget without flights

    For good weather plus softer luxury pricing, aim for April, May, September, or early October. 

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