Sun.Mar 31, 2024

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Interested in swapping out 0.0% fixed-rate I Bonds? Here’s a guide.

Tips Watch

By David Enna, Tipswatch.com A logical strategy for some I Bond investors is to act now to redeem I Bonds with a fixed rate of 0.0% (and a current composite rate no higher than 3.

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SBI General Insurance CFO Attra prioritizes profitable growth through innovation, expansion and tech integration

CFO News

SBI General Insurance's CFO, Jitendra Attra, unveils a strategic vision prioritizing innovation, market expansion, and profitability, echoing India's promising growth trajectory and transformative reforms in the insurance sector.

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987: May the Road Rise to Meet You | Jennifer Loo, CFO, Tala

CFO Thought Leader

Back in 2009, with a law degree in hand along with a smattering of frontline consulting experience, Jennifer Loo swung open the door at LegalZoom—where in short order she was tasked with architecting the fast-growing company’s FP&A function from the ground up. For Loo, the responsibilities that would quickly surface at LegalZoom would not only challenge and meet Loo’s career ambitions head on, but give rise to an entire career path, bringing with it her education, distinct capabi

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Real interest rates need to climb before RBI's easing cycle begins

CFO News

Ahead of this week's scheduled review meeting of the Monetary Policy Committee, market watchers and investors are keen to know the timeline for India's rate easing cycle. However, the texture - and driver - of India's robust economic growth rates suggest their wait will perhaps be of some duration.

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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.

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The role of sustainability reporting in audit talent attraction

Future CFO

An interest in sustainability reporting and assurance presents talent opportunities among audit professionals, but may imply a lack of clear purpose in financial statement audits, according to a joint study by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand. The survey, which polled over 6,500 respondents, delved into the appeal of sustainability reporting and assurance compared with the traditional financial statement audit within th

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Remember the Silicon Valley Bank Disaster? A year after the regional bank crisis, Wall Street is still fighting the measures we need to protect the financial system. ( Washington Monthly ) • ‘Shortcuts Everywhere’: How Boeing Favored Speed Over Quality. Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly.

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"Just the trailer." PM Modi heaps praises on the RBI for transforming India in the last 10 years

CFO News

Prime Minister Modi praised the Reserve Bank of India's pivotal role in transforming the banking sector and the economy over the past decade at the central bank's 90th anniversary event in Mumbai. He highlighted the significant progress from previous challenges, emphasizing clear policies and decisions contributing to the sector's revival.

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PM Modi speaks on electoral bonds, says 'those dancing over bond details will repent it'

CFO News

Addressing questions about whether the revelation of electoral bond details posed a setback for the ruling BJP, PM Modi told Thanthi TV during an interview, "Tell me what have we done that I should see it as a setback? I firmly believe that those dancing over it (bond details) and taking pride in it are going to repent.

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Adani emerges from Hindenburg blow stronger, sets sights on bigger things

CFO News

The group has initiated various expansions and investments, including the establishment of a $1.2 billion copper plant, acquisition of a port in Odisha, increased ownership in a cement company, and formed a strategic partnership with rival Mukesh Ambani's Reliance Industries.

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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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No urgent relief to Wadia Group in Bank of Baroda case

CFO News

Bombay High Court denied Wadia Group's urgent relief against Bank of Baroda, related to a corporate guarantee for Go First Airlines. Nowrosjee Wadia & Sons Ltd sought an injunction due to a financial tie-up condition.

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Bank of India receives Rs 1,128 cr tax demand order

CFO News

According to the exchange filing the Bank is in the process of filing an appeal before the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC) against the said order within the prescribed timelines.

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Key indicators point to economic resilience at the end of FY24: NCAER

CFO News

NCAER's economic review forecasts a strong outlook for India's economy, with robust manufacturing and service sector PMI, buoyant GST collections, and elevated inflation rates likely leading to unchanged policy rates in the upcoming Monetary Policy Committee meeting.

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Hotel investments in India touched $ 401 million last year: JLL

CFO News

India's hospitality sector attracted a record $401 million in investments in 2023, with significant growth in hotel transactions and increasing interest in tier two cities for hotel development, paving the way for a positive outlook in 2024.

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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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Airtel arm penalised for alleged irregularity in claiming input tax credit: Filing

CFO News

According to the filing, the penalty has been levied for "alleged irregular input tax credit claimed during the financial year 2018-19" on the company's subsidiary Telesonic Networks. The company received the order on March 30.

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Zomato gets tax demand order of Rs 23 crore

CFO News

Zomato to appeal Rs 23.26 crore tax demand from Karnataka for FY 2018-19, including GST of Rs 11,27,23,564. Confident in a strong case, Zomato plans legal proceedings within a specified timeframe.

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There could be trade-off between innovation and regulation: RBI DG Rajeshwar Rao

CFO News

Rajeshwar Rao also pointed out that regulators must focus on achieving a delicate equilibrium that addresses the critical concerns without imposing an undue burden on regulated entities.

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Centrum's fund modulus ropes in SBI veterans to drive growth

CFO News

Raghavendra Rao, a former deputy managing director at the bank, Narayanan Sadanandan, a former CEO of SBI Pension Funds, and Anoop Krishna, former chief general manager of the corporate group at SBI, will join the private credit fund.

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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