Ford CFO: Bridge collapse will likely ‘lengthen’ supply chain
CFO Dive
MARCH 27, 2024
The automaker will have to divert parts to other ports along the East Coast or elsewhere in the U.S., Ford’s finance chief said Tuesday.
CFO Dive
MARCH 27, 2024
The automaker will have to divert parts to other ports along the East Coast or elsewhere in the U.S., Ford’s finance chief said Tuesday.
CFO News
MARCH 27, 2024
“There are a large number of unemployed CXOs in the startup ecosystem – many of them are currently jobless, because neither are they willing to take pay cuts nor are they able to land a job in a large company that find them overpriced,” said Mayank Kumar, cofounder of edtech major upGrad. “Inflated salary and CXO designations are the two main reasons coming in the way of getting them another job,” he added.
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CFO Dive
MARCH 27, 2024
The appointment comes after significant churn in the position and as the company looks to turn around slumping sales.
Tips Watch
MARCH 27, 2024
Answer: Very well. By David Enna, Tipswatch.com I got a reader question this week about CUSIP 9128286N5, a 5-year Treasury Inflation-Protected Security that will mature on April 15, 2024.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
CFO Dive
MARCH 27, 2024
The restaurant chain’s blockbuster 2023 initial public offering was seen by some as a promising sign for the lackluster IPO market.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Nerd's Eye View
MARCH 27, 2024
One way financial advisors can add value for retiring clients is to estimate how much they can spend sustainably during their retirement years without depleting their investment portfolio. Advisors in this position have several options to help them determine a client's initial spending level, from 'static' approaches like the 4% Rule to more dynamic approaches that allow for higher initial withdrawal rates (but introduce the possibility of spending cuts during retirement).
CFO News
MARCH 27, 2024
More than 70% of the new products launched by India's largest consumer goods maker Hindustan Unilever in last two years were in the premium segment. Around 65% of all new personal care product launches were in the premium segment for ITC Ltd, doubling the contribution of such products to the division's sales in the last four years to 38%. For the largest biscuit maker Parle Products, around 60-65% of new launches were in the premium segment as compared to 40% pre-Covid.
Future CFO
MARCH 27, 2024
Despite concerted efforts, the accountancy profession is struggling to attract and retain talent , and at the same time is facing declining number of entrants, a joint study by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand finds. Over half of the survey respondents for the study , which gathered insights from over 6,500 respondents, were Gen Y/Millennials aged 25-42, with 37% current auditors, 33% former auditors and the rest consideri
CFO News
MARCH 27, 2024
The government outlines an ambitious borrowing plan, aiming to secure Rs 7.50 lakh crore, over half its annual target for FY25, in the first half of the fiscal year, alongside strategic debt management measures.
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CFO Share
MARCH 27, 2024
Swimming the sea of financial metrics can often feel like drowning in alphabet soup. What is the difference between ROI and ROIC? Your expertise lies in innovation, customer engagement, and driving growth in your business; not memorizing financial jargon. Yet, understanding the financial underpinnings of your decisions is crucial for sustained success.
CFO News
MARCH 27, 2024
Razorpay, Cashfree, PayGlocal, and new entrants rush for RBI's PA-CB licence to tap into lucrative B2B cross-border payments market. Fintechs eye big share of $250B SME exports, focusing on high margins and expanding services.
The Charity CFO
MARCH 27, 2024
QuickBooks is a popular accounting software used by businesses and individuals nationwide. As a nonprofit leader, you’ve probably heard of QuickBooks or may have even used it before. And you might be wondering if you can use QuickBooks for your nonprofit accounting. The answer is yes, QuickBooks Online can be configured for nonprofit use. Let’s dive into the benefits of using QuickBooks Online for your nonprofit and explore how to get the most out of the program.
CFO News
MARCH 27, 2024
The forecast for FY24 GDP stood at 7.9%. "We expect GDP growth to track at around 7% in QE Mar-24 with GVA growth of 6.3% and thus F2024e GDP growth of 7.9%," the company said in its report.
Speaker: James Kahler, COO of Full Course
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
CFO News
MARCH 27, 2024
Indian lenders and Russia's Gazprombank are in early-stage discussions to establish correspondent banking services for cross-border payments and trade support. Gazprombank aims to expand its operations in India and has engaged with Indian bankers to explore strengthening banking ties. The talks come amid challenges in international trade due to US-led sanctions on Russia.
CFO News
MARCH 27, 2024
Reliance Power's subsidiaries settled debt of Rs 1,023 crore with Reliance Commercial Finance, owned by Authum Investment. The debt settlement follows the sale of a wind power project in Maharashtra. Reliance Power aims to become debt-free by March 31, 2024, after selling assets to retire debts.
CFO News
MARCH 27, 2024
Adani family invests Rs 6,661 crore in Ambuja Cement, increasing stake to 66.7%. The fund infusion will be instrumental in increasing the capacity to 140 million tonnes per annum by 2028.
CFO News
MARCH 27, 2024
Wednesday's dates are for the next financial year, with meetings scheduled all the way till February, next year. The second meeting will be held from June 5-7 while the next meeting is scheduled between August 6-8.
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
CFO News
MARCH 27, 2024
About 64% employees would readily accept a workload reduction for a commensurate pay cut, indicating that a majority of employees recognise the importance of a healthy work-life balance and are willing to prioritise it over financial gain. However, the study also shows that nearly 89 % of employees in India claim to be highly motivated by challenges and extra responsibility at work, while 76% believe that their work is more than just a ‘job’ to them and has a special meaning.
CFO News
MARCH 27, 2024
Finance Minister Nirmala Sitharaman highlighted the increasing presence of women in startups and on company boards in India. Government schemes like Stand Up India and PM Mudra are empowering women entrepreneurs, with Swiggy recognizing and celebrating women's contributions to the F&B industry.
CFO News
MARCH 27, 2024
Both bidders had increased their bids earlier this month after initial scrutiny by lenders, necessitating an extension to complete negotiations, people familiar with the process said. "The committee of creditors (CoC) will meet either this week or early next week to finalise the extension of the timeline since a few more days will be needed to scrutinise and finally decide on the bids that are currently on the table," said a person aware of the process.
CFO News
MARCH 27, 2024
Shyam Srinivasan, MD & CEO of Federal Bank, projects 15-18% bank growth, emphasizes NIMs importance, foresees sustained deposit growth, and anticipates potential rate cuts in the future based on inflation outcomes. He says: "We have a reasonable presence now in the south. We are looking at increasing our presence in the west, in particular the bigger metros like Mumbai and adjacent cities.
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