Wed.Jan 24, 2024

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76% of companies link pay to ESG performance in rising trend: WTW

CFO Dive

The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.

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Interim Budget: What are the expectations on the tax front

CFO News

Extension of concessional tax rate of 15% for new industries and rationalisation of capital gains tax structure across financial instruments is top of wish list of tax experts.

Budgeting 104
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83% of execs anticipate spike in their M&A volume this year: Deloitte

CFO Dive

With economic conditions slowly improving, the stage might be set for a rebound in M&A activity.

Economics 265
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At the Money: How to Pay Less Capital Gains Taxes

Barry Ritholtz

At the Money: How to Pay Less Capital Gains Taxes (January 24, 2024) We’re coming up on tax season, after a banner year for stocks. Successful investors could be looking at a big tax bill from the US government. How can you avoid sticker shock when Uncle Sam comes knocking? On this episode of At the Money, we look at direct indexing as a way to manage capital gains taxes.

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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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CFO of beleaguered smart window manufacturer View to resign

CFO Dive

View’s finance chief is departing as the company scrambles to accrue enough capital to continue operating through 2024.

More Trending

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$700M AGs settlement resolves only portion of J&J talc liability

CFO Dive

Some 50,000 private claims remain as Johnson & Johnson tries to keep its controversial bankruptcy strategy alive.

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Avoiding Client Power Of Attorney (POA) Rejection By Taking A Comprehensive ‘Kitchen Sink’ Approach

Nerd's Eye View

As more Americans are living well into their 80s and even into their 90s, the spectrum of risks that an aging population faces is only getting wider. The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are met throughout retirement.

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Here are results of my short-term TIPS experiment

Tips Watch

Did it work out well? Yes. But is it worth the risks? By David Enna, Tipswatch.com For a few years now, I’ve been getting questions about seemingly lavish high real yields on Treasury Inflation-Protected Securities that are nearing maturity.

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Data Update 3 for 2024: Interest Rates in 2023 - A Rule-breaking Year!

Musings on Markets

In my last post, I looked at equities in 2023, and argued that while they did well during 2023, the bounce back were uneven, with a few big winning companies and sectors, and a significant number of companies not partaking in the recovery. In this post, I look at interest rates, both in the government and corporate markets, and note that while there was little change in levels, especially at the long end of the maturity spectrum, that lack of change called into question conventional market wisdo

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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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Strengthening the sustainability narrative in the finance function

Future CFO

Focusing on leading transformation and culture change can enhance corporate reporting and strengthen the sustainability narrative, according to Ernst & Young. CFOs and finance leaders may not realise their aims — be it digitalisation or new ways of working — without changes in organisational behaviours and norms. A culture that promotes collaborative rather than siloed working should be provided, along with an appetite for continuous learning and experimentation.

Finance 52
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Edtech startup Scaler appoints Tapan Jindal as CFO

CFO News

In his new role, he will assume overall responsibility for the organisation's financial health and growth, and his immediate focus will be to spearhead corporate strategy and financial operations. He will also closely collaborate with existing teams to strengthen the overall financial framework and restructure specific systems to prepare the company for its next phase of growth and achieve profitability.

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AI transformation: Business leaders are not yet ready

Future CFO

When it comes to AI transformation, 73% of business leaders remain ill-equipped, citing limited time, people, and funds, said Kearney recently when releasing results of a survey jointly done with Egon Zehnder. Survey highlights While 70% of business leaders believe their company will be disrupted by AI in the next five years, only 1 in 5 (20%) believe their organisations are currently prepared for AI transformation.

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Interim Budget: GST, subsidy, affordable housing are India Inc's wish list

CFO News

Union Budget: The Confederation of Indian Industry (CII) has offered policy suggestions to the Narendra Modi government for the upcoming interim Union Budget. The CII suggests balancing fiscal consolidation with economic growth by reducing the fiscal deficit to around 5.4% of the GDP. They propose a three-rate structure for the goods and services tax (GST) and prioritizing investor interest in the government's divestment program.

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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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Top 4 Budgeting Software Picks for NetSuite in 2024

Lime Light

Discover the best cloud FP&A software for Oracle Netsuite in 2024 and let this be the year your plans, forecasts, and reports kickstart some serious business growth! In this article, we highlight why Cloud FP&A software is an essential boost to NetSuite for your finance team to drive the decisions that maximize growth. We touch on the critical features to look for to get the most FP&A value from NetSuite.

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Pai in the Sky: Ranjan to own 40% of Aakash

CFO News

The Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added. This values the company — one of the remaining valuable assets for Byju Raveendran’s troubled edtech group — at around $700 million and renders it debt-free.

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On track to invest up to $10 billion in India over 3-5 years: Bain Capital's David Gross-Loh

CFO News

"India's time has come both due to its own internal development and hard work of structural improvements over the years," said David Gross-Loh, managing partner, Asia, Bain Capital.

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Banks to feel capital pain on 'daylight deals'

CFO News

Today, such exposures are not reported by banks, no risk weight is assigned to the credit, the facilities are not rated, and in a predominant number of cases no interest is charged by banks on these intra-day overdrafts.

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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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Big GIFT: Norms unveiled for direct global listing

CFO News

India has allowed domestic companies to list their shares directly on global exchanges at Gujarat's GIFT City. The new regulatory framework provides easier access to foreign capital for entities in the sunrise and technology sectors.

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FM seals the Interim Union Budget 2024 with Halwa ceremony

CFO News

Finance Minister Nirmala Sitharaman observed the customary "Halwa ceremony" in North Block to mark the final stage of the Interim Union Budget 2024 preparation process. The upcoming budget is going to be an interim budget due to the upcoming elections, with the full budget to be presented in July. The Budget documents, including the Annual Financial Statement and Finance Bill, will be available on the "Union Budget Mobile App" for easy access by MPs and the public after the Budge

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General Insurance Council launches ‘Cashless Everywhere’ facility across all hospitals in India

CFO News

Now the policyholders will be able to access cashless facilities anywhere at any hospital in India. General insurance council has made this facility by partnering with more than 40 thousand hospitals.

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Bankruptcy court admits insolvency resolution plea against Helios Photo Voltaic

CFO News

The National Company Law Tribunal (NCLT) has admitted an application filed by the National Asset Reconstruction Company (NARCL) against Helios Photo Voltaic Ltd, formerly known as Moser Baer Photo. The application was originally filed by Oriental Bank of Commerce (now merged with Punjab National Bank) after the company defaulted on dues of Rs 859 crore, and these loans were later assigned to NARCL.

Banking 52
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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Ajay Singh, Sky One and Busy Bee file firm bids for Go First

CFO News

SpiceJet promoter Ajay Singh, Sky One, and Busy Bee have submitted the bank guarantee and expression of interest for bankrupt Go First Airlines. The lenders may extend the resolution process deadline by two months. Singh applied individually, while Busy Bee is a new applicant associated with Plan IT. Safrik Investments and NS Aviation did not submit guarantees.

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New plot: Zee, Sony launch legal war

CFO News

Sony Group companies Culver Max Entertainment and Bangla Entertainment (BEPL) initiated arbitration proceedings against Zee Entertainment Enterprises before Singapore International Arbitration Centre (SIAC), while Zee, denying charges, approached National Company Law Tribunal (NCLT) in Mumbai, seeking directions that the merger scheme, previously approved by the forum, be implemented.

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India Inc confident of achieving $5 trillion economy, says Deloitte in pre-Budget survey

CFO News

India Inc is confident of achieving $5 trillion economy with government support in infrastructure investments, reforms, and technology adoption. Business leaders anticipate strong economic growth, with about 50% of India Inc optimistic about above 6.5% growth in FY25. Automotive, consumers and retail, technology, media, and telecommunication, and energy, resources, and industrials sectors anticipate high growth.