Sun.Mar 23, 2025

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A Day in the Life: Kelly Wee from Hays

Future CFO

Editors note: In todays A Day in the Life , Kelly Wee (pictured), business director for accountancy & finance, human resources, and legal & office professionals at Hays, shares with FutureCFO audiences how a little embarrassing experience became key to her professional growth and how she has witnessed a growing number of women excel in C-level leadership roles.

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Greenko, Muthoot Finance raise $1.2-billion debt overseas

CFO News

Renewable energy firm Greenko Energy Holdings raised around $1 billion from investors, while Muthoot Finance raised $250 million. Greenko's bond was priced at 7.25%, tighter than the initial 7.62% target. The bond, issued under a dual Reg S and Reg S 144A structure, is backed by Greenko Wind Projects (Mauritius) and drew over $3 billion in investor interest.

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Horror stories of inflation in Argentina

Tips Watch

The solution could require ‘the madman’ with a chainsaw. People adapt. By David Enna, Tipswatch.com During my recent visit to Argentina I asked a tour guide in Buenos Aires about inflation, because that’s a topic that always interests me.

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Industry hails Centre's disbursement of Rs 14,020 crore as incentive under PLI scheme

CFO News

The industry on Monday applauded the government's commitment to strengthening India's manufacturing sector through the disbursement of Rs 14,020 crore under the production-linked incentive (PLI) scheme across multiple sectors, driving sales of Rs 14 lakh crore.

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The AI Race Isn’t Just About Tech Superiority – It's the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: ‘Shameful’: AARP’s partnership with healthcare giant faces backlash amid recent controversies : AARP has no fiduciary duty to seniors or retirees. They are up for sale to the highest bidder. Numerous transactions with various corporate entities confirms this.( Fox Business ) Its a Heist: Real Federal Auditors Are Horrified by DOGE : WIRED talked to actual federal auditors about how govern

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Disruption

Barry Ritholtz

You’ve got to be willing to question the system. That was what Napster was about. That powered all the change at the turn of the century until a little over a decade ago when the tech companies solidified their power. This is why Trump won and is winning. He questioned orthodoxy. Meanwhile, the Democrats have put their faith in the system to save them, I wouldn’t be so sure.

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TKIL Industries eyes Rs 1,000 crore green hydrogen revenue by 2030, says CFO Ketan Pendse

CFO News

TKIL Industries CFO Ketan Pendse has set an ambitious target of Rs 1,000 crore in green hydrogen revenue by 2030, with an annual CAPEX investment averaging Rs 40 crore over the next three years. But can green hydrogen truly emerge as a dominant business vertical in just five years?

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India's business growth dipped in March due to weaker services demand, PMI shows

CFO News

India is set to drive 6% of global trade growth, ranking third globally behind the US and China, despite a slowdown in the services sector. The manufacturing sector saw robust expansion, but overall business activity softened in March according to HSBC's flash India Composite Purchasing Managers' Index.

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IndusInd Bank hires Grant Thornton for forensic check

CFO News

IndusInd Bank hired Grant Thornton Bharat to conduct a forensic check on its derivatives operations after disclosing a potential 1,600 crore marked-to-market loss due to internal trades. The Reserve Bank of India directed the bank to appoint a new auditor, and the investigation will scrutinize the lapses, accountability, and financial implications within the bank.

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2025 Global Finance Leaders Survey

79% of finance leaders we surveyed say they play a multifaceted role—ensuring financial stability, managing risk, and enabling transformation. In our 2025 Global Finance Leaders Survey, 751 global leaders shared their biggest challenges, top priorities, and outlook for the year ahead. Here’s what you’ll learn in the survey report: An in-depth look at different leadership approaches and what they mean for finance leaders Top challenges facing finance leaders, from data reliability to talent manag

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Conflict of interest disclosures may be on Sebi agenda

CFO News

The board will also consider a proposal on the appointment process for key management personnel at market infrastructure institutions such as stock exchanges and easing rules for foreign portfolio investors (FPIs).

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Is the worst over for Indian rupee after hitting a two-month high?

CFO News

Indian Rupee Recovery: Analysts no longer expect the rupee to weaken beyond 89 per dollar this year, despite earlier concerns that it could breach 90.

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FY26 is going to be significantly better from an earnings perspective vis-a-vis FY25: Rupen Rajguru

CFO News

Rupen Rajguru, Senior Advisor at Julius Baer, discusses the gradual market recovery and improved sentiment due to a weakening dollar. He notes the positive impact on emerging markets like India, driven by government spending, liquidity measures, and regulatory easing. Rajguru highlights potential growth in NBFCs, OMCs, and power sector segments, especially in Transmission & Distribution.

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Rs 4 lakh cr added! Sensex soars over 900 points as D-St cheers FII return; Nifty above 23,600

CFO News

Sensex and Nifty traded higher on Monday for the sixth straight session, driven by gains in banking and IT stocks. Positive foreign capital inflows of Rs 7,470 crore on Friday, the largest in four months, have enhanced investor sentiment following a period of significant selling by foreign portfolio investors since late September.

Banking 40
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Conquering Tail Spend in 2025: New AI-Powered Tools and Strategies for Success

Tail spend — often unmanaged, fragmented and costly — can account for as much as 80% of total transaction volume. Without the right strategy, enterprises face hidden risks and unnecessary spend. It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach. Download this GEP-sponsored Everest Group research for insights on how your competitors are upping their tail spend management game.

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Can continuing tax reforms lead us to achieve Viksit Bharat?

CFO News

In this article, Rajat Mohan, Senior Partner at AMRG & Associates, delves into whether India can follow Georgias transformative tax reforms and achieve the vision of Viksit Bharat through a simplified and efficient tax system.

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SC allows audit regulator's proceedings against CAs

CFO News

In the apex court, NFRA pleaded that the order is contrary to the ruling by NCLAT and SC in earlier cases. It has cited an SC judgment in the case of T K Harish, a branch auditor of DHFL, relating to siphoning off of Rs 31,000 crore of public money and a bank fraud of Rs 3,700 crore being investigated by other law enforcement agencies.

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No point unsettling a system, FPIs should live with current taxation: Sebi chief

CFO News

Sebi Chairman Tuhin Kanta Pandey emphasized that foreign portfolio investors must adapt to the current taxation regime while India offers significant investment advantages. He also warned against corporate malpractices in disclosures, reassuring that Sebi will take strict actions against such false disclosures.

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State-run banks bearing good deal of credit card bad debt

CFO News

State-run banks face high credit card bad loan ratios, particularly from cards issued between September 2021 and October 2023 amid competition from fintechs. These banks' aggressive lending during the post-pandemic boom contributed to the issue, with current stress primarily in the sub-Rs 50,000 category.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

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Banks block Indian promoters' foreign NBFC plans

CFO News

Large private sector banks in India are blocking Indian promoters' plans to establish investment companies abroad due to concerns of sidestepping foreign currency regulations. Offshore entities can move significantly higher amounts compared to the liberalised remittance scheme, raising concerns of misuse for personal use.

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Firms with Rs 250-cr turnover rush to register on TReDS as March 31 deadline nears

CFO News

At present, it is mandatory for all CPSEs and companies with turnover of more than Rs 500 crore to get themselves onboarded with TReDS platform.

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