Thu.Mar 30, 2023

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CFOs expect another rate hike by RBI in upcoming policy meet

CFO News

Will the elevated retail inflation and the recent action taken by central banks of the developed nations especially the US Federal Reserve will push RBI to increase repo rate or the banking turmoil in US and focus on growth will restrain it?

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Finance staff digital skills outstrip leadership: study

CFO Dive

As AI and automation continue to advance, the digital skills of finance staffs are outstripping those of senior executives — leading to challenges managing and engaging skilled talent.

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Good Infrastructure?!?

Barry Ritholtz

Yesterday I discussed all the reasons why the return to office was not going so well here in the US (even as RTO does much better in Europe). I spent a lot of time criticizing the sorry state of U.S. infrastructure as one of the many factors driving the reluctance to give up WFH. It doesn’t have to be this way. Back in 2018, I mentioned my personal infrastructure was improving.

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Bed Bath & Beyond files to raise $300M in market

CFO Dive

In spite of the struggling retailer’s creative efforts to raise capital, Morningstar analysts wrote Thursday that they still expect the firm to eventually declare bankruptcy.

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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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The Compound x On The Tape

The Reformed Broker

Michael and I join Guy and Dan for a special episode of On The Tape! We discuss engaging with internet trolls, the culture at Ritholtz Wealth Management, financial TV punditry, what’s happening in the markets, stock picking strategies, and navigating market panic. The post The Compound x On The Tape appeared first on The Reformed Broker.

More Trending

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Domestic stainless steel demand will continue to see healthy growth till FY25: Crisil Ratings

CFO News

The demand will be driven by increasing adoption of stainless steel in railways which is a focus area for government infrastructure spending, and rising application in the automobile and construction sectors. The demand growth, in turn, will spur capacity additions.

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Bankruptcy’s Roaring Return

Global Finance

With rising interest rates, out-of-control inflation and declining government support, 2023 marks the return of bankruptcies.

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The power of ESG

CFO News

With rising environmental concerns, the actions over ESG and sustainability have increased manifold globally. From general events to board meetings to the G20 summit, the idea of ESG and sustainability has been widely discussed on various fora. Companies and regulators have framed rules for ESG or sustainability as a whole.

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10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • Volcker Slayed Inflation. Bernanke Saved the Banks. Can Powell Do Both? In 140 years, American policymakers have never faced a banking crisis quite like this. ( Bloomberg ) • A Tale of Two Housing Markets: Prices Fall in the West : While the East Booms In an unusual pattern, the 12 major housing markets west of Texas, plus Austin, saw home prices fall in January, while the opposite happened in the rest of the country. ( Wall Street Journal ) see also How Wall Street

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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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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: SLB, Micron, CVS & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Fast-Track Your Financials: Techniques to Slash Your Month-End Close

https://trustedcfosolutions.com/feed/

We know that you’re all too familiar with the fact that managing your company’s finances is a never-ending, ongoing task. Your accountant is the unsung hero who supports you through all the ups and downs of your financial journey. But even the most experienced accountants face their own set of challenges, especially when it comes to the monthly close.

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Hero MotoCorp promotes CFO Niranjan Gupta as CEO

CFO News

A new CFO would be announced in due course of time, the company stated.

CFO 98
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From CFO to coach: A journey of self-awareness and enabling leadership success

Future CFO

Editor’s Note: In this latest interview for FutureCFO's Female Leadership in Finance Series , Linda Scott (pictured), Founder and Managing Director at executive coaching service company Thinking Leaders shared her journey of transitioning from a finance leader to a coach and company founder, how CFOs and business leaders might benefit from coaching, and advice for female finance executives.

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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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IFC may double investments in India to $2.5-3 billion/year

CFO News

The International Finance Corporation (IFC) is planning to double its investments in India and support Indian companies in their global expansion plans. IFC, which is the largest investor in India, has been investing $1.3-$1.5bn annually in the country since the onset of the Covid-19 pandemic and could increase this figure to $2.5-$3bn annually.

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Life Sciences Venture Capital Monitor – Europe 02/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Life Sciences Venture Capital Monitor – Europe 02/2023”. The Monitor is a monthly published overview of venture capital trends in the European Life Sciences. Read more The post Life Sciences Venture Capital Monitor – Europe 02/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Tata Power re-appoints Praveer Sinha as CEO & MD for four years

CFO News

"We wish to inform that, based on the recommendation of the Nomination and Remuneration Committee, the Board, at its meeting held today, approved the re-appointment of Dr. Praveer Sinha as the CEO & Managing Director of the Company for a period of four years from May 1, 2023 to April 30, 2027, subject to approval of the Members of the Company," Tata Power said in a regulatory filing.

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CFO Corner: Alicia Mondolo, Tenaris

Global Finance

Tenaris CFO Alicia Mondolo spoke with Global Finance about the changing role of the CFO.

CFO 74
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Welspun acquires water tanks manufacturer Sintex for Rs 1251 crore

CFO News

For decades Sintex has been a household name in India for water tanks and other plastic products having a strong distribution network across India. According to an official statement by Welspun Group, with the acquisition of Sintex, Welspun will be an integral part of many more households nationwide, expanding its building material portfolio which is a huge part of the larger B2C strategy.

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What Is an Exit Strategy in Business (and Why Do You Need One)?

Michigan CFO

No business owner wants to think about the day when they will have to leave their business, but it’s important to have an exit strategy for a business in place just in case. Without an exit plan, you could find yourself in a difficult situation if something happens and you have to sell your business or retire. In this blog post, we will discuss what an exit strategy is and why you need one for your business.

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Hotel, flight bookings strong despite rising Covid cases, job cuts: Hospitality companies

CFO News

“There is no impact whatsoever. In fact, we also spoke to our travel partners to assess if the pace has slowed down for forward bookings and we are told there is no diversion. All our bookings are on track and we haven't seen any cancellations,” said Vikramjit Singh, president, Lemon Tree Hotels.

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Building Blocks of Business Valuation

VCFO

Building Blocks and Best Practices for Driving Business Value Business valuation is not an original or uncommon topic. It is, however, one that business owners and leaders should be far more focused on and reminded of often. That’s because many who start a business don’t always fully consider business value when developing their original strategy or get pulled into weeds that cause them to drift or lose focus along the way.

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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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FMCG executives in demand as biggies jostle for talent

CFO News

In the last four months, the FMCG arm of Reliance Retail Ventures has announced entries into soft drinks with the Campa and Sosyo Hajoori brands it had acquired; beauty soaps with Glimmer; and natural and hygiene categories under Get Real and Puric brand names, Dozo dishwash bars and liquids, HomeGuard toilet and floor cleaners, and Enzo laundry detergent powder, liquid and bars.

Retail 52
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Adani Group tells stock exchanges to protect investor interest

CFO News

Adani Group has attributed the Tuesday, March 28, 2023 fall in its stocks to 'The Ken' report captioned “The Adani Group wants you to believe it has repaid all its loans against promoters. Here’s why you should not”.

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India to unveil new Foreign Trade Policy 2023-28 on Friday

CFO News

The current foreign trade policy (2015-20) is in force till March 31, 2022. The term of the previous five year policy had ended in March 2020. However, it has been extended repeatedly in wake of Covid outbreak and resulting lockdowns. The last extension was given in September 2022 till March 31, 2023.

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US candidate Ajay Banga the sole nominee to lead World Bank

CFO News

Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position, the bank confirmed Thursday, paving the way for his likely appointment in the coming months.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.