Sun.Oct 29, 2023

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MSMEs may see a spike in business as lender and e-commerce firms provide support

CFO News

About 62% of sellers agree that e-tailing platforms have been helpful in their festive season planning, compared to 53% who felt the same way during the previous year's festive season.

Planning 111
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Ep 28: How Planning Aces Are Made

CFO Thought Leader

This episode features insights and commentary from three finance leaders: CFO Michael Linford of Affirm, CFO Ana Chadwick of Pitney Bose, and CFO Jason Leet of Zylo. Background of Planning Aces: Planning Ace’s Cohost Jack Sweeney Cohost points out the three finance leaders being featured have noteworthy M&A backgrounds, including Michael Linford’s role as the first CFO after HP’s split from Huet Packard Enterprise, Ana Chadwick’s involvement in GE Capital’s dive

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How can ESG create value, reduce costs and increase revenues?

CFO News

Businesses’ fear that the goals of driving ESG would mean an increase in their costs. Whereas, companies like Unilever (global) were able to reduce $1.27 billion in costs throughout its operations by putting sustainability at the heart of the business in 10 to 20 years time. ESG can and does create business value. How? In both its aspects: in reducing risks/costs and increasing revenues.

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946: Using the Influence at Your Command | Natalie Laackman, CFO, MedSpeed

CFO Thought Leader

For corporate finance executives, few professional experiences are as adeptly converted into social currency as those manifested inside the realm of mergers and acquisitions (M&A). It seems that regardless of whether a finance executive has been involved in one deal or 40, they are usually able to quickly share a takeaway or two. For finance leader Natalie Laackman, the latter would be the case—or, rather, the latter times two, as she estimates that she has been involved in 75 to 100 such tr

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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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Govt tightens LLP rules; partners have to declare beneficial interests, intangible contributions

CFO News

According to the Limited Liability Partnership (Third Amendment) Rules, 2023, notified by the Ministry of Corporate Affairs (MCA), even upcoming LLPs have to maintain such a register, at their registered offices, within 30 days of incorporation. The new rules came into force on October 28.

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More Trending

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Co-lending deals now come under taxman's lens

CFO News

In the past one month, the department has sent multiple queries to more than a dozen banks and is likely to follow up with questions to NBFCs on the co-lending facility, they said.

Banking 52
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The importance of cloud cost optimisation for finance leaders

Future CFO

Operational inefficiencies today are often brought about by the rising costs of cloud computing, opening a new discussion regarding cloud cost optimisation and its importance in the business. The concept of financial operations, or FinOps, which refer to a management practice promoting shared responsibility for an organisation's cloud computing infrastructure and costs, is currently being given a spotlight as companies transition to their adoption of artificial intelligence.

Finance 52
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70-hour workweek par for course for Indian startup founders

CFO News

ET spoke to over half-a-dozen founders of early-stage startups to unicorns, who said that if one is looking to build something big and impactful, they need to stretch that extra mile.

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Investment-grade corporates face climate-related downgrades

Future CFO

Investment-grade corporates face the risk of climate-related downgrades. According to Fitch Ratings, more than half of global corporates that may be exposed to a climate-related downgrade of one or more notches by 2035 have investment grade ratings. This is based on the first batch of published Climate Vulnerability Signals (Climate.VS) for about 715 corporates across all sectors and regions, the credit rating agency said.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Cello World's Rs 1900 crore IPO opens today. What GMP signals ahead of subscription?

CFO News

Mumbai-based Cello World boasts an extensive product portfolio across three key categories - consumer houseware, writing instruments and stationery, and moulded furniture and related products.

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The fundamentals of IAS 21

Future CFO

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IAS 21, The Effects of Changes in Foreign Exchange Rates The post The fundamentals of IAS 21 appeared first on FutureCFO.

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Cars24 saw its topline grow at lower pace

CFO News

In FY23, Cars24’s operating revenue grew 7.7% year-on-year to Rs 5,535 crore. Compared to this, in FY22, the company’s revenue from operations had posted an on-year growth of 87% to Rs 5,136.5 crore.

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The Modern Music Business

Barry Ritholtz

You don’t know everything. And if you pretend to know everything, those who know something will dismiss you. Used to be a pro knew every record on the chart, now pros have never even heard of an act that goes #1. Ignore the charts. They’re momentary. Today it’s about longevity, streaming pays out for the life of the copyright. Look at the cume, that’s important, but how many streams this week, slicing and dicing, that, i.e. the chart, has never meant less.

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Planning Your Restaurant's Path to Profitability

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.

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High rates can compress India Inc's margins, but it's a manageable risk: Ramnath Krishnan

CFO News

Ramnath Krishnan, a veteran in the financial services industry, said that amid a lack of meaningful pick-up in private sector capex, the saving grace for rating firms has been a slew of big-ticket bond issuances by banks as lenders typically seek out pedigreed ratings for their market instruments.

Banking 52
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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • A Record of Pure, Predatory Sadism : Officials in Israel screened footage of the Hamas attack for the press: “What we shared with you, you should know it,” one official said. ( The Atlantic ) see also First, Hamas Took Hostages. Then, It Took Over Their Social Media.

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5G/6G Waves to boost economy Indian economy in the next five years

CFO News

There will be nearly a 40% rise in hiring in the telecom and allied industries in next few years. By FY26, employment is expected to cross the 6 m mark owing to the continued use of cutting-edge technologies like IoT, 5G/6G, and virtual network operations.

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Young working class, reforms make India an investment magnet: Hindustan Unilever's MD Rohit Jawa

CFO News

Rohit Jawa underscored the role of a consistent policy push in ensuring robust growth in Asia's third-biggest economy, pointing to coordinated action by both North Block and the Reserve Bank of India (RBI) in guiding the nation's finances through the Covid disruptions.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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G7 to agree AI code of conduct for companies: G7 document

CFO News

The group of seven industrial countries will on Monday agree a code of conduct for companies developing advanced artificial intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology. The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks.

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GST body probes Godrej's ?2,825 crore acquisition of Raymond's consumer goods business

CFO News

The DGGI is also understood to have sought an explanation from GCPL on the matter. The sources cited added that DGGI's Mumbai unit also conducted an inspection on premises linked to Raymond as part of its investigation. Section 67 of the CGST empowers an official to conduct an inspection if he has reason to believe that a person concerned has suppressed information to evade tax.

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AU Small Finance Bank acquires Fincare Small Finance Bank

CFO News

For the first time the two small finance banks are going to merge with one another. The Fincare Small Finance Bank, which is headquartered in Bengaluru will be merged with Jaipur based AU Small Finance Bank.

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