Institute of Chartered Accountants of India (ICAI) also agreed to revise the Standard on Quality Management (SQM), a mechanism for quality management for audits or reviews of financial statements, where public consultations have been completed. ICAI will now share the…
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The company has access to over 12,500 vehicles, ranging from economy to luxury cars, but only 6% of the fleet is owned by the company. This asset-light business model supports a high return on equity (RoE). The growing share of…
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The GoM on GST rate rationalisation deferred reworking slabs but reviewed rates in the 12% and 18% categories. Focus areas include health insurance, restaurants, and some food products. Despite strong lobbying, no changes were made to the 28% levy on…
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Apple Inc. has appointed Kevan Parekh, an experienced finance executive, as its new CFO, succeeding Luca Maestri. Parekh, currently VP of Financial Planning, will start in January 2025.
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With consumer preferences shifting rapidly, leading CFOs have stressed on efficient stock rotation, leveraging real-time data, and proactive risk assessment.
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Raymond CFO Amit Agarwal says the company is already seeing interest from global brands which previously relied on Bangladesh, and while it’s early days, the potential for business growth was substantial.
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