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Hindenburg report accused Indian-origin CFO of the company, Amrita Ahuja, of liquidating millions of dollars in equities during the pandemic as the firm's price climbed on the strength of its facilitation of fraud.
Developing a life sciences product and going to market is not easy. There’s the research and development, of course, but there’s also the business-building side.
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
Ally’s current finance chief, who has been serving on an interim basis since October, will return to his full-time role as corporate treasurer once the newly-appointed CFO arrives in July, the company said.
Ally’s current finance chief, who has been serving on an interim basis since October, will return to his full-time role as corporate treasurer once the newly-appointed CFO arrives in July, the company said.
After the Adani group lost over $100 billion in valuation post scathing allegations by U.S.-based Hindenburg Research, state-run LIC was criticized for having over $4 billion exposure to companies from the group.
Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the CFP Board of Standards launched its 1st ad campaign, dubbed "It’s Gotta Be A CFP", following its transition to a 501(c)(6) organization. In a change from previous campaigns, the first ad directly recommends that consumers seek out a CFP professional for financial advice, and future ads could more directly explain the benefits of earning the CFP marks.
In a regulatory filing on Friday, Reliance Industry said the current CFO Alok Agarwal will be assuming the new role of Senior Advisor to the Chairman and Managing Director of the Company, where he will assist Mukesh Ambani on a wide range of strategic issues.
5Tips To Ensure Success In A Competitive Market The job market has never been more competitive for treasury talent at all levels. Compared to other core and more traditional accounting roles, treasury has evolved into a strategic resource within the finance function, and organizations are realizing the value good treasury talent brings to their operations.
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
FinTechs are aggressively chasing profitability today, but are also missing out on the sustainability factor. Why are fintechs chasing profitability? What makes fintechs profitable? How can fintechs have sustainable business models amidst such high competition in the space?
Apart from hitting companies with parents in jurisdictions that do not have a tax avoidance treaty with India, the move also makes it possible for the government to impose the higher treaty rate of 15% on local arms of companies from the US, UK and other countries with whom India does have a tax treaty.
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.
VRL is seeking funds to meet its upcoming debt obligations and has been engaged in talks with banks as well as private funds. VRL has $400 million of dollar bonds due in April and $500 million dollar bonds in May. It has another $1 billion bond maturing in January 2024.
5Tips To Ensure Success In A Competitive Market The job market has never been more competitive for treasury talent at all levels. Compared to other core and more traditional accounting roles, treasury has evolved into a strategic resource within the finance function, and organizations are realizing the value good treasury talent brings to their operations.
"We could see a reduction of 15-20% of the headcount affecting about 3,000 people in India," Aditya Mishra, chief executive of CIEL HR Services, told ET. CIEL estimates that the two banks employ more than 16,000 people in India. News of the merger of the two largest banks in Switzerland to avert the collapse of Credit Suisse have made their employees jittery and experts said almost 40% of them are already looking out.
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.
"The Scheme remains subject to various other statutory and regulatory approvals including inter alia approvals from the National Company Law Tribunal, other applicable authorities and the respective shareholders and creditors of the companies involved in the Scheme, as may be required," it said.
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Jill Schlesinger, and Downtown Josh Brown discuss the Fed decision aftermath, unlimited FDIC insurance for banks, the SEC’s crypto crackdown, banning TikTok, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!
The company's "steadfast focus" on building volumes, expanding in smaller towns and villages under its "RURBAN' strategy with innovations along with "astutely" managing value and simultaneously nudging the premiumisation trend that is driving economic recovery in parts and will fuel momentum, he said.
Jayesh Visaria, who's head of healthcare & consumer at I Banking at Barclays, quit the global Bank after a stint of 8 years. Along with an entrepreneur role, Visaria will work as an independent advisor to family offices and private equity funds, said sources.
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.
The meeting will be held from March 28-30 in Mumbai with participation from over 100 delegates from G20 member countries, invitee countries, regional groupings and international organisations. New Delhi has identified five priority issues—growth and prosperity, resilient global value chains, MSMEs, logistics, and WTO reform—under its G20 presidency.
GST law in India is complex and to an extent ambiguous, and we have seen that businesses have suffered due to lapses made in assessment and other compliances.
The eighth round under the open acreage licensing policy (OALP) was launched on July 7 last year, with a bid submission deadline of September 6. Since then, the deadline has been extended several times.
The Finance Bill, 2023 was passed in the Lok Sabha on Friday amidst sloganeering by opposition members for setting up a JPC in the Adani-Hindenburg issue. The Finance Bill 2023, gives effect to the financial proposals of the central government for the financial year 2023-24 to be taken into consideration.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
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