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Citi appoints Jeegar Shah as the new Chief Financial Officer for India

Shah will be responsible for providing financial leadership and supporting Citi’s growth strategy in India.

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Bandhan Bank aims to maintain 18% annual growth, shifts focus to secured loans, says CFO

In a recent interview with ETCFO, Bandhan Bank’s CFO, Rajeev Mantri, outlined a strategy to drive the bank’s growth over the next few years which includes a balanced approach between asset growth and profitability enhancement.

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Everstone to merge two healthcare companies, list combined firm

Everstone Capital, a Pan Asia private equity fund, is merging Translumina Therapeutics, a major cardiac stent maker in India, as part of a big-ticket IPO plan.

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RBI appoints additional director for Bandhan Bank

The move is likely to guide the bank in succession planning. Bandhan Bank’s founder MD & CEO Chandra Shekhar Ghosh’s tenure will on July 9 while the bank is yet to appoint its next CEO. Singh is former chief general…

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Electric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobility

Domestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Maruti Suzuki is set to export its first electric SUV to Europe, Hero MotoCorp is launching its VIDA V1…

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Promoters on a selling spree amid red hot D-Street valuations

As the question of stretched valuations continues to swirl through Dalal Street, promoters seem to be firmly on course toward breaking the hitherto all-time calendar-year stock dilution record – set in the 2020 Covid era. So far in 2024, both…

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  • Dearness Allowance: Could employees get 3-4% DA hike announcement this month? Here's what the numbers indicate

    Dearness Allowance: DA is revised twice a year by the All-India Consumer Price Index (AICPI) to match cost-of-living. Here's a look at the numbers and whether employees could get 3-4% DA hike this month…

  • Will your PF corpus shrink due to ₹1,800 contribution cap? EPF-2026 rules bring employer contribution into focus

    The central government has introduced the EPF Scheme, 2026, mandating a fixed monthly contribution of ₹1,800 each from employees and employers. Here's how the new rules may shrink your final provident fund corpus. 

  • I-T dept allows charitable trusts to seek fresh approval post deadline, taxpayers to get 80G relief

    The deadline to apply for fresh approval expired on 30 September 2025. Following this, all the applications made by charitable trusts were rejected purely on the grounds of delay in seeking approval. With the latest circular, the I-T department has provided relief to these charities.

  • How much retirement corpus do you need if you have ₹1 lakh monthly expenses now? Experts say it depends on these factors

    Retirement planning involves personalised strategies for investing according to risk appetite and anticipated lifestyle changes. Factors such as inflation and healthcare costs must be incorporated into the calculation of the necessary retirement corpus. 

  • EPFO: Documents and errors — Here are the top reasons your employees' provident fund claims could be rejected, explained

    Employees' Provident Fund Organisation: We take a look at the top four reasons an EPF subscriber's claim for their employees' provident fund may be rejected. Check the reasons here, explained.

  • 4 small-cap schemes delivered over 30% in 3 months. Do you own any?

    The small-cap mutual fund category returned an average 22.41% in the past three months, outperforming the Nifty Smallcap 250 TRI. Four schemes delivered over 30%, but only one has a track record that extends beyond five years.

  • Paytm Europe granted licence by Luxembourg financial authority for credit, funds transfer, payments — Here's all we know

    Paytm Europe has been granted a payment institution licence by the Luxembourg financial supervisory authority CSSF to conduct credit and funds transfers, and payment transactions. Here's all you need to know…

  • ITR 2026: Who must file tax return even if their income is below ₹4 lakh?

    Many taxpayers mistakenly believe they only need to file an income tax return (ITR) if their income exceeds ₹4 lakh. However, various situations, such as high-value transactions and foreign assets, require mandatory ITR filing regardless of income level. 

  • IRDAI plans insurance commission overhaul to curb mis‑selling with staggered payouts and stricter transparency rules

    IRDAI plans to implement staggered commissions, spreading payouts over the policy term to improve transparency, reduce churn and align distributor incentives with customer needs across India’s insurance market.

  • ₹4,764 crore revenue from hydration breaks, ₹22 crore for a Final ticket: The insane numbers behind FIFA World Cup 2026

    The FIFA World Cup 2026 is set to be the most profitable tournament ever, with a prize pool of $871 million and the winning nation receiving $50 million. Ticket prices and broadcasting rights are significantly higher than in previous tournaments.

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