Sun.Feb 18, 2024

article thumbnail

For the right investor, this week’s 30-year TIPS auction looks attractive

Tips Watch

Caution: Consider carefully the long term and high volatility. By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer at auction $9 billion in a new 30-year Treasury Inflation-Protected Security.

article thumbnail

Outplacement biz booms as companies help laid-off staff find jobs

CFO News

Amid layoffs in the technology and startups space, outplacement firms are booming. They assist companies in helping affected employees find new work and provide services like interview preparation, resume crafting, and offer negotiation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

A Day in the Life: Rupert Roberts from WTW

Future CFO

Editor’s note: ”A Day in the Life" is a series of interviews with finance leaders and business leaders that aims to inspire FutureCFO’s audiences comprising senior finance and business executives as well as aspiring finance and accounting professionals. If you—as a finance or business leader—would like to share your typical day as well as insights you’ve gained from your professional experience and activities outside work , please contact Nigel Standley ( nigelstandley@cxociety.com ) or Teresa

article thumbnail

EQT, TPG and KKR eye majority stake in HCG

CFO News

A rising middle-class and an aging population have boosted demand for private medical services across Asia, which in turn, is seeing massive consolidation and heightened deal activity in the healthcare sector.

article thumbnail

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.

article thumbnail

CFOs to face EBITDA margins challenges, Gartner says

Future CFO

Weak demand and rising costs will shrink earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins by more than 30% by 2027 compared to 2022, according to Gartner, Inc. This is among the issues chief financial officers will be facing in the coming months as the management consulting company forecasts that organisations will find it tougher to attain growth through 2026 due to elevated levels of consumer debt and weaker-than-expected corporate cash flow, dampening demand by

More Trending

article thumbnail

Strategic cost reduction: Navigating turbulent times

CFO Talks

When a company faces cash flow problems, the CFO is often tasked with reducing costs. While layoffs may be the obvious solution, forward-thinking leaders should explore alternative strategies. Take Nintendo, for example, which recently faced a serious cash flow problem. Instead of letting go of loyal employees, the company’s CEO, Satoru Iwata, took a bold step and volunteered to cut his salary by 50%.

article thumbnail

Despite cost edge, buyers prefer hybrids over EVs

CFO News

The intent to buy hybrids over pure battery electric vehicles comes to the fore even as EVs benefit from state as well as central government funded incentives which in turn has allowed manufacturers to price them better as compared to hybrids. This is despite the hybrids costing more than EVs.

article thumbnail

Unlocking success: 3 CFO strategies for better annual reporting performance

CFO Talks

Annual reporting is one of the most critical responsibilities for CFOs, offering a snapshot of a company’s financial health and performance over the past year. CFOs must adopt innovative strategies beyond traditional approaches to excel in this domain. The “ Metric of the Month ” concept is a game-changing methodology revolutionising annual reporting.

CFO 52
article thumbnail

India's current account deficit likely at below 1% of GDP in FY24

CFO News

India's trade deficit narrows and services exports increase, prompting economists to lower the current account deficit (CAD) estimates for FY24. Capital inflows are expected to improve, but the rupee may not strengthen as the central bank aims to boost reserves. April-January period sees lower net services exports and improved FDI flows.

article thumbnail

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.

article thumbnail

Leverage AI for onboarding and upskilling to boost your bottom line

CFO Talks

Modern CFOs are tasked with driving strategic initiatives, optimising operational efficiency, and, most importantly, nurturing their organisation’s most valuable asset: its people. With the rapid advancement of artificial intelligence (AI), CFOs have a powerful tool to revolutionise the onboarding and upskilling processes, ultimately leading to a stronger bottom line.

article thumbnail

Investors flag Byju’s failure to recover Rs 1,400 crore from reseller

CFO News

In an Extraordinary General Meeting (EGM) notice, a copy of which ET has reviewed, the investors said the company's value has eroded due to the management's neglect in enforcing its legal rights. More Ideas General Trading, the sole selling agent of Byju’s in GCC countries, owes the edtech firm over Rs 1,400 crore, which the company has been unable to recover despite paying over Rs 300 crore in commissions on sales of Rs 634.18 crores recorded in FY22.

Sales 52
article thumbnail

10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Palm Beach Is Having a Category 5 Identity Crisis : The aura of a sandswept playground of like-minded people of means. The appeal of a mild winter. (Annual average: more than 230 days of sunshine.) Lower taxes. The promise of a pandemic-era refuge from all the COVID restrictions up north.

Banking 56
article thumbnail

Realty players upbeat in a rosy economy

CFO News

Real estate stakeholders in Mumbai express optimism due to a resilient Indian economy and sustained domestic demand. Residential and commercial office sector deals have seen positive growth, indicating a favorable outlook for the real estate industry.

52
article thumbnail

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.

article thumbnail

Byju’s rights issue gets $300 million commitment

CFO News

Byju's floated a rights issue in January to raise $200 million through equity rights issue at an enterprise valuation in the range of $220-250 million which is a 99 per cent reduction in its peak valuation of $22 billion.

article thumbnail

India needs to grow at 9-10pc for 3 decades to be USD 35 trn economy by 2047: Amitabh Kant

CFO News

India aims to become a USD 35 trillion economy by 2047, surpassing Japan and Germany. Constant innovation and disruptions are needed in various sectors, including digital identity, start-ups, artificial intelligence, logistics, health, education. Young entrepreneurs play a crucial role in population-scale innovation. Former NITI Aayog CEO Amitabh Kant said that India created the digital identity of 1.4 billion people and technologically the country has leapfrogged.

article thumbnail

If somebody wants a billion dollar cheque, we can do it: Yasuhiro Kubota, Asia Pacific Co-CEO, Mizuho Bank

CFO News

Mizuho Bank, Japan's third-largest 'megabank', has made a significant investment in India, allowing it to create a lending capacity and support local Indian corporates. The bank specializes in loan against shares, promoter financing, and large ticket acquisition financing, supporting billion-dollar acquisitions.

Banking 52
article thumbnail

EV firms driving demand for expats; cos increase hiring in tech, engineering, R&D roles

CFO News

As India emerges as a key player in the global electric vehicle market, companies like Tata Motors and Ather Energy are actively recruiting expat talent, seeking expertise in R&D, engineering, and strategic partnerships to fuel their growth in this burgeoning industry.

article thumbnail

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