CFO News
FEBRUARY 19, 2024
Goyal hailed Prime Minister Narendra Modi’s relentless pursuit of twin tracks - strengthening the macroeconomic fundamentals of India to prepare the country for the future and focus on the welfare of the poor pertaining to food, healthcare and education.
Nerd's Eye View
FEBRUARY 19, 2024
The 2024 Technology Tools for Today (T3) Advisor Conference, held last month in Las Vegas, Nevada, featured a large gathering of financial advisors and representatives from across the fintech industry. Hosted by Joel Bruckenstein and his team from T3 Consulting, the conference focused heavily on the relationship between financial advice and its accompanying fintech, covering everything from how AI and other tech developments are changing the advisor landscape in unprecedented ways to the importa
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CFO News
FEBRUARY 19, 2024
If the signatories are residents, the tax office, some feel, may question the tax status of the funds offered under the treaties that India has signed with key jurisdictions like Mauritius and Singapore.
CFO Selections
FEBRUARY 19, 2024
Our team is used to discussing what’s included in a CFO’s job description. But this type of conversation usually centers around the commonalities that unite all CFO roles, not the nuanced differences for a specific industry or type of organization. But when talking about what a CFO for a nonprofit does, there are some unique elements to the role that are important to understand.
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
FEBRUARY 19, 2024
The Central Board of Indirect tax and Customs is considering a directive to address concerns raised by multinational companies during tax investigations conducted by DGGI officials. The directive aims to improve ease of doing business and has received feedback from the finance ministry.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News
FEBRUARY 19, 2024
Zee Entertainment Enterprises has re-engaged with Sony Group Corp in a last-ditch attempt to revive their $10-billion merger. Major differences and disagreements over terms and conditions persist, and the outcome remains uncertain.
CFO Thought Leader
FEBRUARY 19, 2024
text 975: Turning the Tide at Beachbody | Marc Suidan, CFO, The Beachbody Company The post The Mentoring Round | Marc Suidan, CFO, The Beachbody Company appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.
CFO News
FEBRUARY 19, 2024
“Two parties – one from Japan and one from India – may be about to surface as buyers of a stake. While the identities are unknown, sources pointed to steel producer JSW Group of India or Nippon of Japan,” the Australian Mine Safety Journal reported.
Cube Software
FEBRUARY 19, 2024
What is Salesforce integration in FP&A? Salesforce integration within FP&A is more than just a technical linkage; it's a strategic lever that opens up a world of possibilities for financial professionals.
Advertiser: Paycor
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.
CFO News
FEBRUARY 19, 2024
Finance Minister Nirmala Sitharaman will convene a meeting with fintech leaders, RBI officials, and representatives from key ministries on February 26 to address concerns following regulatory action against Paytm Payments Bank. The government aims to reassure the fintech industry of its priority status and understand their apprehensions. The meeting will involve officials from finance, information technology, and DPIIT.
CFO News
FEBRUARY 19, 2024
The Indian conglomerate aims to manufacture mature nodes of 65 nm (nanometre) before moving to 48 nm and then to 28 nm — which supports applications ranging from graphic processor units (GPU) to consumer electronics and the internet of things — in a few years.
CFO News
FEBRUARY 19, 2024
Ecommerce major Flipkart is seeing senior vice presidents (SVPs) leaving, including leaders from Cleartrip, Mobikwik, and Instagram. The company is addressing its top-heavy structure and improving agility. Performance-based layoffs are happening across all verticals. Flipkart is focusing on financial services, grocery business, and PhonePe, while aiming to turn profitable.
CFO News
FEBRUARY 19, 2024
“2023 was the year of block trades, 2024 is going to be the year of IPOs — and that momentum will most likely carry into 2025,” Debasish Purohit said in an interview with Bloomberg News in Mumbai. “2024 and 2025 as a block will be the busiest years of IPOs in our lifetime.
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
FEBRUARY 19, 2024
The Supreme Court instructed SpiceJet to settle its outstanding dues of $1.25 million to Credit Suisse by March 15 in a payment dispute totaling $24 million. The court directed SpiceJet chairman Ajay Singh to appear on March 22. Credit Suisse's counsel stated that SpiceJet was in default of $1.25 million as of February 15, while SpiceJet's counsel disputed the claim, citing delayed payment.
CFO News
FEBRUARY 19, 2024
Commerce and Industry Minister Piyush Goyal expressed confidence that the Reserve Bank of India (RBI) would reduce interest rates as inflation remains under control. He noted that while the benchmark interest rate has been at 6.5% since February 2023, economic fundamentals in India are robust, with inflation averaging around 5-5.5% over the past decade.
CFO News
FEBRUARY 19, 2024
Only 4% of exec directors at Nifty 50 are women, and across NSE-listed cos that figure drops to 3%; enabling policies needed to empower them. There is a persistent and high level of unconscious bias as well. Allyship is key. “Boys’ clubs still operate that many times do not give women the right kind of projects (that can advance them in their career) thus demotivating many women who see their juniors becoming senior and moving ahead,” said Girotra.
CFO News
FEBRUARY 19, 2024
Xiaomi plans to shift its focus towards India's premium smartphone segment, aiming to become a premium brand by launching experiential flagship handsets, employing enhanced marketing, and expanding distribution. The move follows Xiaomi's loss of the top smartphone brand position to Samsung in 2022.
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
FEBRUARY 19, 2024
The Life Insurance Corporation (LIC), has garnered over ₹21,740 crore in refunds from the income-tax department, with an additional ₹3,700 crore pending.
CFO News
FEBRUARY 19, 2024
Appraisal: Giving high increments, stock options, bonuses, global roles and accelerated promotions to ringfence people who are critical to business.
CFO News
FEBRUARY 19, 2024
Of the 92 IPOs, 31 were main-board while the remaining 61 were from the small and medium enterprises (SMEs), according to a report published by EY India on Q4CY23’s top IPO trends.
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