PE/VC firms queue up for investments in mid-sized consumer companies
These investments signal a potential shift in the competitive landscape, with these mid-sized brands poised to challenge larger players.
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Not just auditors, Promoters and KMPs too need to be held responsible for frauds: Amarjit Chopra
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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Sebi proposes to allow mutual funds to invest in overseas funds with exposure to Indian markets
SEBI has floated a consultation paper on facilitating investments by Indian mutual funds in such overseas funds that invest a certain portion of their assets in Indian securities. As per the present regulatory framework, SEBI registered Mutual Funds are allowed to invest…
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Need to rationalise MSME schemes for reach: DFS Secretary
Speaking at the CII Annual Business Summit 2024 on Friday, Joshi also noted that there is a need to address language issues of schemes to make them easier and more comprehensible.
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Startup unicorns take to GenAI as older companies dither
A new study by consulting firm EY has found that innovation continued at a strong pace in 2024 but different organisations are at different stages of adoption when it comes to GenAI use cases
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RBI urges ARCs to follow the regulations in letter & spirit
RBI deputy governors M Rajeshwar Rao and Swaminathan J gave keynote addresses in the conference, ‘Governance in ARCs – Towards Effective Resolutions’. It was attended by senior-most RBI officials and 80 participants from the ARC sector.
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