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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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  • Earning FD interest? Why you should submit Form 121 — TDS provisions explained

    A bank deducts 10% TDS if the interest payable on a customer’s fixed deposit exceeds ₹50,000 ( ₹1 lakh for senior citizens) in a financial year. A customer must submit Form 121 to avail a TDS exemption. However, interest must still be declared at the time of filing the ITR.

  • SpaceX surges past $2 trillion in Nasdaq debut: How much your ₹5 lakh investment could be worth by 2030

    SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Investors are optimistic about its potential but face volatility as SpaceX is unprofitable with a price-to-revenue ratio of 112.

  • 29-year-old laid-off MNC employee with ₹5 crore net worth asks: ‘Should I be satisfied…?’

    The Redditor shared that his personal net worth stands between ₹5 crore and ₹6 crore, while his wife's assets are worth approximately ₹2 crore. He added that his wife, who earns ₹40,000 per month, has reassured him that she would stand by him during this period.

  • One EMI, better control: How debt consolidation improves financial discipline and repayment management

    Are you drowning in multiple EMIs? Debt consolidation can simplify repayments, improve cash flow, reduce missed payments, strengthen financial discipline, and help borrowers build healthier long-term debt management habits.

  • 5 powerful money lessons I learned from the world’s first trillionaire, Elon Musk

    Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments create more wealth than chasing quick gains, highlighting the importance of a long-term approach to investing.

  • HDFC AMC data breach: Reset password, watch for SIM-swap - What you should do? What it means for your MF Investments?

    HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must do now.

  • Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?

     Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.

  • Why let gold sit idle? Here's how gold leasing can help investors earn returns

    Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while retaining ownership. Details here.

  • Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?

    The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pay?

  • Govt flags AI-driven identity fraud risks in banking, fintech sector: What you can do to protect your money

    The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Banks and fintech firms have been asked to strengthen onboarding and fraud-detection frameworks.

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