Lyft CFO steps down in latest of leadership changes
CFO Dive
MAY 17, 2023
In the first week of his tenure, new CEO David Risher announced a 26% reduction in Lyft’s corporate workforce. Now, the current CFO is stepping down.
CFO Dive
MAY 17, 2023
In the first week of his tenure, new CEO David Risher announced a 26% reduction in Lyft’s corporate workforce. Now, the current CFO is stepping down.
The Reformed Broker
MAY 17, 2023
Just wanted to take a moment to recognize the incredible work my media and research teams have been doing to propel The Compound channel past 120,000 subscribers this month. And that 120k is just a fragment of the audience because almost everything we do on video is also on the audio podcast channels too. For those who are new to what we’re doing at the Compound YouTube channel each week, below is the schedule of w.
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CFO Dive
MAY 17, 2023
As more companies try out generative AI, understanding the role and importance of the data underpinning these models is crucial for CFOs.
Barry Ritholtz
MAY 17, 2023
Jerome Powell and the Federal Reserve spend a lot of time worrying about Inflation Expectations. They shouldn’t. Sentiment surveys in general are mostly useless (except at the extremes). They aren’t merely lagging, backward-looking indicators, but instead, tell you what the public experienced 3- 6 months ago. Beyond short-term extrapolation, they have little to no ability to provide insight into intermediate-term (6-12 months) inflation.
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CFO Dive
MAY 17, 2023
The new finance chief will help DocuSign to unlock both growth and operational efficiency, the company’s CEO said.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO Dive
MAY 17, 2023
Deals valued at below $100 million accounted for a record proportion of M&A transactions during the first quarter.
CFO News
MAY 17, 2023
Till date year 2023 overall saw a significant decline both in terms of deal volumes by 46% and deal values by 76%, amounting to USD 14.7 billion, owing to global headwinds from rising interest rates and elevated inflation levels.
Nerd's Eye View
MAY 17, 2023
Amid a tight job market and low unemployment rates, a significant amount of the U.S. ‘talent gap’ is filled by foreign-born workers on employment visas like the H-1B. These visas allow foreign workers to live and work in the country temporarily while they are employed – although in practice, this can mean that individuals can spend years or decades (or even their entire career) working in the U.S. on a ‘temporary’ visa.
CFO News
MAY 17, 2023
The Supreme Court on Wednesday granted markets regulator SEBI time till August 14 to submit its report on the investigation into the Adani Group-Hindenberg report issue. The apex court on Monday adjourned the hearing on the SEBI plea seeking a six-month extension to conclude the investigation in the Hindenburg Research's report.
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.
Barry Ritholtz
MAY 17, 2023
My mid-week morning train reads: • The Rise of FTX, and Sam Bankman-Fried, Was a Great Story. Its Implosion Is Even Better. About a year after the author Michael Lewis began to shadow Bankman-Fried, the founder of the crypto exchange FTX, Bankman-Fried was arrested. As the story evolved, Lewis has had a front-row seat to the drama. ( New York Times ) • The Return to the Office Has Stalled : Offices remain half empty as companies settle into hybrid work plans. ( Wall Street Journal ) see also Is
CFO News
MAY 17, 2023
The budgetary outlay is Rs 17,000 crore and the tenure of the program is 6 years; expected investment is Rs 2,430 crore, Union Electronics Minister Ashwini Vaishnaw said.
Future CFO
MAY 17, 2023
Quality of cyber defences directly Impacts insurability, premium costs, and policy terms, said Sophos recently. According to the firm’s new report “The Critical Role of Frontline Cyber Defenses in Insurance Adoption” based on a survey of 3,000 cybersecurity or IT executives earlier this year, 95% of organisations that purchased a cyber insurance policy in the last year report a direct impact, with 60% indicating that it impacted their ability to get coverage, 62% the cost of their coverage, and
CFO News
MAY 17, 2023
Rahul Gautam is focusing to drive growth to Rs 700 crore, banking on robust travel demand across the company’s all three rails, bus, and flight businesses.
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Fox Corporate Finance
MAY 17, 2023
April 2023: Biotechnology Medical Technology Health Technology Funding Volume (€m) 0 Trend Funding Volume (€m) 0 Trend Funding Volume (€m) 0 Trend Biotechnology Funding Volume (€m) 0 Trend Medical Technology Funding Volume (€m) 0 Trend. Read more The post Venture Capital Sentiment Tracker – April 2023 appeared first on FCF Fox Corporate Finance GmbH.
CFO News
MAY 17, 2023
Union Minister Piyush Goyal addressed the India-EU Trade & Technology Council in Belgium saying the India-EU FTA negotiation is progressing well.
CFO News
MAY 17, 2023
Srichand P Hinduja or S.P. as he’s was also known, joined his family business after completing his education in early 50s. He's survived by his three brothers, namely Gopichand, Prakash and Ashok and two daughters, Shanu and Vinoo.
CFO News
MAY 17, 2023
Mandatory Aadhaar-based authentication for new GST registrations as well as centralized suspension of registrations of businesses which default in timely filing of returns are also being used to curb fake GST registration.
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
MAY 17, 2023
The study said 70% of the MSMEs believe more than half of their retail sales will be via UPI. It also showed that the UPI has taken over the card payments with decline mostly in the big cities.
CFO News
MAY 17, 2023
"We have received reports that some other companies have also violated the FAME-II guidelines. We will be issuing them notices similar to the notices issued to two firms found to be violating the localisation norms earlier," said the official, requesting anonymity.
CFO News
MAY 17, 2023
VRL, headquartered in London, aims to borrow the money through its Zinc International unit. Following delays in securing funds from Farallon Capital Management, VRL has resumed discussions with banks to explore alternative financing options.
CFO News
MAY 17, 2023
The report, titled ‘Indian Hospitality Sector: On a Comeback Trail’ released on Wednesday stated that the total investment during 2020-2023 is likely to exceed $ 0.4 billion. 12,000 hotel rooms likely to be added in 2023 and the number of hotel rooms is expected to grow at an expected CAGR of 3.3% by 2025.
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
MAY 17, 2023
In a major rejig of Prime Minister Modi-led Cabinet, Arjun Ram Meghwal was appointed as the new law minister replacing Kiren Rijiju on Thursday. Rijiju has been shifted and assigned Ministry of Earth Sciences, reported PTI, citing sources.
CFO News
MAY 17, 2023
According to the report, a total of six bids have been received for the final round of bidding for Future Retail from lesser-known companies. Realty firm Space Mantra has bid the highest for the company, meanwhile, the five other applicants have bided for parts of Future Retail. Financial creditors have claimed around Rs 20,000 crore from Future Retail.
CFO News
MAY 17, 2023
External Affairs Minister S Jaishankar has said that the India-EU Trade and Technology Council (TTC) is a significant milestone in the strategic partnership between India and the European Union. The meeting, co-chaired on the Indian side by Jaishankar, Commerce and Industry Minister Piyush Goyal and Communications, Electronics and IT Minister Rajeev Chandrasekhar, covered key focus areas of strategic technologies, digital governance and green energy technologies.
CFO News
MAY 17, 2023
BPCL has approved the ethylene cracker project at Bina Refinery, including downstream petrochemical plants and expansion of the refinery with capital expenditure of approximately Rs 49,000 crore. The core component of the expansion projects is the Ethylene Cracker Project, which will drive the production of essential petrochemicals.
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