CFO News
MAY 1, 2024
Embark on a journey with Vivek Veda, Co-Founder & CFO of KreditBee, as he unveils India's Fintech Renaissance, showcasing its pivotal role in bridging gaps, fostering inclusion, and propelling economic equality.
CFO Dive
MAY 1, 2024
Amazon is the latest tech giant whose hefty AI spending has been rewarded by Wall Street in the current earnings season. Meta has been an exception.
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CFO News
MAY 1, 2024
India's Gross Goods and Services Tax (GST) collections have reached a historic milestone, surpassing the Rs 2 lakh crore mark for the first time since the inception of GST in July 2017.
CFO Dive
MAY 1, 2024
Fed Chair Jerome Powell said that the central bank will likely need to sustain current borrowing costs longer than it had expected early this year.
Advertiser: Paycor
There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.
Future CFO
MAY 1, 2024
As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News
MAY 1, 2024
In the wake of border tensions, the Indian government has been looking askance at investments by Chinese companies in India. Press Note 3 norms issued in 2020 stipulated that a company based in a country that shares a land border with India (such as China) can invest only after government clearance.
CFO Dive
MAY 1, 2024
The central bank during the first quarter saw less success in reducing price pressures than during the second half of last year.
Nerd's Eye View
MAY 1, 2024
A little over 20 years ago, when the Internet was still just a few years into gaining widespread use, the SEC understood its potential to transform how financial advisory firms conducted business with the ability to deliver advice digitally, lowering the barriers to serve clients across the country. However, the challenge for firms that wanted to use their websites to advise clients, but didn't otherwise qualify for SEC registration, was that they would ostensibly need to register in all 50 stat
CFO News
MAY 1, 2024
Despite a slight dip in April, India's manufacturing sector, as per HSBC's PMI report, maintains robust growth. Buoyed by sustained demand, manufacturers exhibit resilience amidst escalating costs and optimistic outlook.
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Commercial Credit Group
MAY 1, 2024
There are plenty of expenses that truck drivers, and fleet managers in the transportation sector need to monitor closely – maintenance, insurance, food and lodging to name a few, but fuel ranks highest in prevalent business expenses for truckers. With costs in the transportation industry higher than ever and spot rates struggling to keep up with heightened expenses, it becomes even more important to ensure you and your business are taking necessary steps to keep spending on fuel at a minimum.
CFO News
MAY 1, 2024
The Fed's latest policy statement, issued at the end of a two-day meeting, kept key elements of its economic assessment and policy guidance intact, noting that "inflation has eased" over the past year, and framing its discussion of interest rates around the conditions under which borrowing costs can be lowered.
CFO News
MAY 1, 2024
Freshworks president Dennis Woodside appointed as new CEO. Mathrubootham to be redesignated as executive chairman. Recently his performance-based stock incentives were cancelled recently citing macroeconomic concerns. The Freshworks stock fell on the back of the news development.
CFO News
MAY 1, 2024
The Delhi High Court granted SpiceJet "one last opportunity" to pay Rs 50 crore to its engine lessors, Team France and Sunbird France, or face grounding of two engines. Justice Pratibha Singh instructed SpiceJet's counsel to confirm by Friday a reasonable timeframe for payment and whether one grounded engine can be returned. SpiceJet owes $10.84 million, having paid over $5 million since December.
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Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.
CFO News
MAY 1, 2024
The Vedanta Group, led by Chairman Anil Agarwal, revealed plans to invest USD 20 billion in its Indian businesses over the next four years. Agarwal highlighted a focus on technology, electronics, and glass sectors alongside other group activities. He expressed a desire to support Bihar's growth and emphasized the necessity of robust policy support.
CFO News
MAY 1, 2024
Jindal Stainless unveiled a Rs 5,400 crore investment plan focusing on expanding its melting and downstream capacities. This includes a joint venture in Indonesia for a stainless steel melt shop, expected to increase melting capacity by 40%. Additionally, investments in Odisha and a stake acquisition in Chromeni Steels aim to enhance operations.
CFO News
MAY 1, 2024
Indus Towers expects cash flows to improve in FY25 as it’s confident of quickly recovering its backlog of past dues from key customer, Vodafone Idea (Vi), especially as the latter has recently raised Rs 18,000 crore via the follow-on public offer (FPO) route.
CFO News
MAY 1, 2024
Invest India forecasts India's e-commerce to soar to $325 billion by 2030, fueled by 500 million shoppers and robust internet penetration. The country's digital transformation is driven by affordable data, smartphone usage, and a focus on rural e-commerce growth.
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.
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