CFO News
DECEMBER 17, 2023
Tech firms such as Accenture, IBM and Genpact have lost talent, said the people, along with Infosys, Wipro, TCS, HCL Tech and Tech Mahindra, with some of their senior executives moving either to consulting roles as Partners or senior level implementation and operations roles at the top four professional services firms.
Future CFO
DECEMBER 17, 2023
Among all that has happened over the past few years following the COVID-19 pandemic, transformations within various areas of business have been seen here and there. The payments landscape is not exempted from these shifts, what with the current talks of digital transformation and technological advancements. Beyond these changes and shifts in the industry, the questions that arise are leaning towards the way of payment efficiency.
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CFO News
DECEMBER 17, 2023
Sarika Gosain, Partner at Mazars in India, explores the transformative role of auditors in ESG integration, navigating challenges, and promoting sustainable business practices in India's evolving landscape.
Tips Watch
DECEMBER 17, 2023
By David Enna, Tipswatch.com The Treasury on Thursday will offer $20 billion in a reopened 5-year TIPS, CUSIP 91282CJH5, creating a 4-year, 10 month Treasury Inflation-Protected Security.
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.
CFO News
DECEMBER 17, 2023
The EY report threw up valuable insights into how various industries are gearing up for the adoption of Gen AI. Based on a detailed survey that covered over 200 C-suite participants, the findings show that 60% of organisations acknowledge the significant influence Gen AI will have on their business models. However, around 75% express a low to moderate level of readiness to harness the benefits of Gen AI.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News
DECEMBER 17, 2023
The former RBI chief said some southern states are growing with regards to population at below reproduction rate, in other words, the fertility rate has fallen below reproduction rate thus slowing the growth. "In other words, we will start the process of aging at some point around that time, which leads to the alarming question if we don't grow faster, we will grow old before we grow rich, which means we all have all the burdens of an aging population to deal with also at that point," he
Future CFO
DECEMBER 17, 2023
SAP Concur has revealed key 2024 predictions for finance by its executives. For the upcoming year, AI is the connecting thread among SAP Concur executives’ predictions, the firm said, adding that AI is changing how all business is conducted, and travel, expense, and invoice (TEI) management is no exception. The 2024 predictions for finance from SAP Concur executive are as follows.
CFO News
DECEMBER 17, 2023
By roping in former revenue secretary Tarun Bajaj at the beginning of this month, Hindustan Unilever (HUL) became the second Nifty 50 and third FMCG company in the past six months to appoint a former bureaucrat as an independent director.
Future CFO
DECEMBER 17, 2023
Financial reporting specialist and lecturer Adam Deller explains the basic principles of IAS 2, Inventories The post The fundamentals of IAS 2 appeared first on FutureCFO.
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CFO News
DECEMBER 17, 2023
The National Real Estate Development Corporation (NAREDCO), the apex body of real estate developers in India, has urged the Union Finance Minister to remove income tax on unsold flats and demand MSME status for access to low interest loans. The developers' body has recommended phase two of the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund for stressed projects and ITC under GST for residential projects ahead of Budget FY25.
Barry Ritholtz
DECEMBER 17, 2023
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Retailers have a crime problem. It’s in the numbers : The issue is complex and often clouded by imprecise data. Sometimes from the industry itself. ( Retail Dive ) • Guns are seized in U.S. schools each day. The numbers are soaring. Last school year, news reports identified more than 1,150 guns brought to K-12 campuses but seized before anyone fired them, according to an investigation by The Washington Po
CFO News
DECEMBER 17, 2023
The Centre has budgeted ₹18.20 lakh crore from direct taxes in FY24, a 9.6% rise from the latest estimate available for FY23. The budget estimate (BE) for direct tax revenue in the last fiscal (FY23) was ₹14.2 lakh crore. It was later revised to ₹16.5 lakh crore and ended marginally higher at ₹16.61 lakh crore.
Barry Ritholtz
DECEMBER 17, 2023
Spotify : YouTube : Do they think we’re deaf? Why can’t they leave well enough alone? And going straight to the heart of the matter, John would have HATED this record. After the Beatles, John wanted to strip things down and make them more impactful. His vocal was up front and the records tended to be simple, even if produced by Phil Spector. Hell, listen to “Instant Karma,” that crunchy drum sound, but mostly John’s insightful and obvious yet with all his personality vocal.
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.
CFO News
DECEMBER 17, 2023
The cut-off date for concluding the merger is December 21. Zee had inked a deal to merge with Sony's India Culver Max Entertainment in December 2021. While the merger has received all the requisite approvals, differences have cropped up between the two over the CEO position.
CFO News
DECEMBER 17, 2023
Cost of borrowing for companies, banks and non-banks through commercial papers (CP) and certificates of deposits (CD) has increased 15-25 basis points (bps) over the past month, data from Clearing Corporation of India (CCI) showed. One basis point is 1/100th of a percentage point. The increase in borrowing costs - particularly in the crowded three-month segment of borrowing - comes after the RBI on November 16 announced new regulatory measures for NBFC credit.
CFO News
DECEMBER 17, 2023
Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, the world's largest office complex, stating that India will be among the top three economies in the world during his third term. He highlighted the growth of the Surat diamond industry, providing jobs to 8 lakh people, and expressed confidence that India will achieve its economic targets.
CFO News
DECEMBER 17, 2023
As per data shared by the ministry, 90 per cent of eligible taxpayers are filing GSTR-3B returns by the end of the filing month in current fiscal year, up from 68 per cent in 2017-18, the first year of GST rollout.
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
CFO News
DECEMBER 17, 2023
Shailendra Ajmera, the resolution professional (RP) managing Go First's corporate insolvency resolution process (CIRP), received requests from these entities- Sharjah-based aviation company Sky One, Africa-focused Safrik Investments and local airline SpiceJet- for conducting due diligence of the grounded airline during the past 10 days, people familiar with the matter said.
CFO News
DECEMBER 17, 2023
The special resolutions seeking the reappointment of Vivek Mehra and Sasha Mirchandani as independent directors didn't receive the requisite 75% yes votes from the shareholders. Only 47.95% and 71% of the votes were cast in favour of the special resolution for the reappointment of Mehra and Mirchandani as independent directors.
CFO News
DECEMBER 17, 2023
In 2023, sectors which are expected to register growth include, aviation turbine fuels, motor gasoline, smartphones, basmati rice, motor car-medium size, turbo-jets, and auto components. Smartphone exports are expected to jump by about 93 per cent to USD 14 billion during the current calendar year as against USD 7.2 billion in 2022.
CFO News
DECEMBER 17, 2023
"A low-profile company, Lloyds Metals, has emerged the fastest wealth creator with 2018-23 price CAGR of 79 per cent," it said.
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