CFO News
DECEMBER 28, 2023
"Inexpensive sensorisation and the power of artificial intelligence are opening up new ways to drive extreme levels of efficiency, ensure real-time decision-making, and rapidly deploy transformative business models.
Nerd's Eye View
DECEMBER 28, 2023
Throughout history, there has been an age-old question of the difference between an investment and an expense. Society often views expenses as a permanent fixture in life, suggesting that there is no path away from their burden. But what if there was an alternative path? What if there was a way to shift our financial mindset about expenses from one of endless sunk costs to one of intentional investment?
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CFO News
DECEMBER 28, 2023
The Indian government aims to boost domestic manufacturing and increase exports to USD 500 billion by 2030 from 10-11 sectors, including automobiles, pharma, textiles, medical devices, and chemicals. The Commerce and Industry Ministry held a meeting to discuss these issues, which were discussed during the Chintan Shivir for Manufacturing. The 11 sectors include auto components, automobiles, capital goods, chemicals, drones, medical devices, aerospace and defense, leather and footwear, textiles,
CFO News
DECEMBER 28, 2023
The step will help SME sectors take advantage of government schemes, further pushing e-commerce exports and boosting overall export growth from the country to achieve the target of USD 1 trillion merchandise exports by 2030.
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 28, 2023
Hindustan Zinc intends to file appeal before the Appellate Authority within the time limit prescribed for both these demands. “The company is hopeful of a favourable outcome thereof and does not expect the said order to have any material financial impact on the company,” it said. Earlier this month, the company had also got a 13.47-crore rupee demand order from the Additional Commissioner, Central Goods Services Tax and Central Excise Commissionerate, Udaipur for disallowance of Input Tax Credit
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News
DECEMBER 28, 2023
AMRG & Associates Senior Partner Rajat Mohan said the extension pertains to issuance of orders for the recovery of tax liabilities, whether due to non-payment, underpayment, or erroneous claim of input tax credit, for the financial years 2018-19 and 2019-20.
CFO News
DECEMBER 28, 2023
In FY23, Amazon Seller Services, the marketplace arm of Amazon, recorded 29% growth in ad revenue at Rs 5,380 crore, according to the RoC filings sourced from business intelligence platform Tofler. For Flipkart Internet, the marketplace arm of Flipkart, revenue from this segment rose 60% to Rs 3,325 crore.
CFO News
DECEMBER 28, 2023
Interim budget: While the numbers are being worked out, the Centre may peg its FY25 fiscal deficit at the current fiscal level (budgeted at ₹17.87 lakh crore) or even reduce it, said one of the persons cited. This would lead to a meaningful cut in the fiscal deficit relative to nominal GDP that's expected to expand at a double-digit pace in FY25, one of the officials told ET.
CFO News
DECEMBER 28, 2023
Speaking at an SBI-organized economic conclave, Nageswaran expressed optimism, suggesting that a cooling off of economic activity would precede a decline in global interest rates. He emphasized that potential spikes in oil prices in 2024 would likely be countered by a decrease in economic activities.
Advertiser: Paycor
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CFO News
DECEMBER 28, 2023
Mukesh Ambani, the chairman and managing director of Reliance Industries Ltd, has stated that the company will not become complacent and will strive to become one of the top 10 business conglomerates globally. He emphasized the need for continuous innovation and reinvention, aiming to consolidate a place among global leaders in digital data platforms and artificial intelligence adoption.
CFO News
DECEMBER 28, 2023
Two British banks, a Swiss lender, and an Emirates institution severed ties with over two dozen Indians in the last two months. These individuals had initially opened accounts under the RBI's Liberalised Remittance Scheme (LRS), allowing up to $250,000 annual investment.
CFO News
DECEMBER 28, 2023
Reliance Industries, led by Mukesh Ambani, continued to diversify its business operations and consolidate its presence in various sectors. The conglomerate made significant moves in the broadcast, retail, and 5G sectors, aiming to become a prominent player across industries.
CFO News
DECEMBER 28, 2023
Going beyond infrastructural issues, India’s logistics sector has a lot to grapple with. One easy solution could be digital integration.
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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