Sun.Jan 12, 2025

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Entrepreneurial Storm Clouds: Navigating Financial Uncertainty

CFO Plans

In the fast-paced world of entrepreneurship, financial uncertainty can feel like a dark storm cloud, overshadowing even the most experienced business owners with doubt and anxiety. Meet Sarah, a passionate entrepreneur who launched her dream business, only to find herself overwhelmed by financial stress. Her story is not unique; many business owners face similar challenges.

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Union Budget 2025 should focus on job creation, consumption push and PLI for MSMEs

CFO News

At an ETCFO panel discussion on the expectations from the Union Budget, corporate leaders and experts say key reforms are needed to power the economy, address wage stagnation and urban employment challenges.

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A 10-year TIPS is maturing Jan. 15. How did it do as an investment?

Tips Watch

By David Enna, Tipswatch.com In a few days, CUSIP 912828H45 – a 10-year TIPS that originated at auction on Jan. 22, 2015 – will mature.

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India's inflation likely to stabilize around 4.3-4.7 pc in FY26: Report

CFO News

Inflation in the country is likely to stabilize at an average of 4.3-4.7 per cent in the financial year 2025-26 (FY26), according to a report by PL Capital.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: The damning statistics that reveal the true cost of Brexit : on As January marks five years on from Britain leaving the EU, Alicja Hagopian and Kate Devlin explore its impact.( The Independent ) On Bubble Watch. Exactly 25 years ago today, I published the first memo that brought a response from readers (after having written for almost ten years without receiving any).

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KPMG India Appoints Sunil Badala as Head of Tax

CFO News

With a tenure spanning over 27 years at KPMG, Badala succeeds Rajeev Dimri who led the office for five years.

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Govt expenditure on big infra projects to drive growth in 2025-26: Report

CFO News

The Centre's capital expenditure in big-ticket infrastructure projects such as highways, railways and power development and investments in critical sectors such as defence are expected to propel India's economic growth in the financial year 2025- 2026 and beyond, according to a report by financial services firm Prabhudas Lilladher (PL).

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WeWork India raises Rs 500 cr via rights issue to cut debt, drive growth

CFO News

WeWork India has raised Rs 500 crore through a rights issue to reduce debt and support growth. Major shareholders Embassy Group and WeWork Global have invested, aiming to make the company debt-free. WeWork India has expanded to 8 cities with 63 operational centers since its 2016 inception.

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In the rough: India’s Gem and Jewellery industry loses shine, pins hope on budget

CFO News

Industry experts seek initiatives that can uplift the sector, elevate exports and position India as a global trading hub for diamonds and coloured gemstones.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Indian fintech sector 3rd largest globally-funded ecosystem, raises $1.9 bn in 2024

CFO News

The Indian fintech sector raised $1.9 billion in 2024, keeping its position as one of the top three globally-funded fintech ecosystems last year, behind the US and the UK, a report showed on Monday.

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SC stays GST action against e-gaming cos

CFO News

Market players saw the SC stay as a relief for online gaming companies, which had received show-cause notices alleging GST evasion of Rs 1.1 lakh crore. As the GST Act allows govt to impose a penalty of up to 100% of the tax demand, the total liability could potentially be Rs 2.

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Amnesty Scheme for customs may be announced in Budget 2025-26 to reduce litigation: Experts

CFO News

There are estimates that over 40,000 cases were pending in various courts and tribunals pertaining to customs duty alone. Another consultancy firm EY India said customs litigations are pending at various forums for a very long time and the same require time and effort to be spent by both the taxpayer and the government in resolving them.

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Bumper Apple crop! India’s iPhone exports pass Rs 1 lk cr

CFO News

Apple has reached over 1 lakh crore in iPhone exports from India in 2024. Exports hit a record $12.8 billion, up 42% from the previous year. Local value addition increased to 15-20%, and domestic production surged nearly 46%. Apple secured $9 billion in exports in 2023, benefiting from the PLI scheme for smartphones.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Budget 2025: Plan afoot to decarbonise power, steel

CFO News

India is developing a national CCUS mission to decarbonize sectors like thermal power and cement. The mission, expected to be announced in the February budget, aims to halve carbon emissions by 2050 and achieve net-zero by 2070, with incentives for CCUS technology and lower emissions.

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Kumbh Mela: India Inc. turns holy dips into marketing goldmines

CFO News

Companies are spending 70% of their marketing budgets on the Kumbh Mela, focusing on six holy dips. They are using digital innovation, social media, and influencer collaborations to engage with the mass gathering of pilgrims. Businesses aim to gain visibility and reach tier 2 and 3 city consumers, as well as international visitors.

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India's M&A activity sees 38% jump in CY24, $35 billion IPO pipeline

CFO News

India's M&A activity surged by 38% in CY24, reaching $109 billion, driven by Indian conglomerates and global private equity investors. The equity capital market fundraising reached $74 billion, with an active IPO pipeline. MNCs increasingly prefer India as a monetization route.

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PepsiCo names Nitin Bhandari as beverages chief

CFO News

PepsiCo India has appointed Nitin Bhandari as the new head of its beverages business, effective from March 31, 2025. He will succeed George Kovoor, who is retiring to pursue other interests. This change comes amidst intense competition in the soft drinks market, with significant developments in the bottling partnerships of both PepsiCo and Coca-Cola in India.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Need to see TCS Q3 show in larger macro context: CEO K Krithivasan

CFO News

Tata Consultancy Services (TCS) chief executive and managing director K Krithivasan spoke to us about the companys third quarter earnings, which were below expectations, technology spends, and more.

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Flipkart may lead $35-40 million round in its Super.money

CFO News

Super.money, started by Flipkart senior executive Prakash Sikaria, is among the big focus areas at Flipkart for its financial services and lending business and has emerged as one of the fastest growing Unified Payments Interface (UPI) apps.

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Companies rushing to hire consultants, but not in traditional way

CFO News

Indian companies are drawing professionals from top consulting firms with competitive pay to drive their growth. Major conglomerates are hiring these experienced professionals for roles requiring decision-making and strategy expertise. There is a high demand for individuals with extensive consulting experience as companies expand into new business areas and seek transformation.

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Infosys likely to start rolling out pay hike letters in February

CFO News

The hike is for the appraisal period from September 2022 to October 2023, for which eligible employees received their rating letters in December 2023.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.