Fri.May 09, 2025

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Small business, big dreams: How BMO opened doors for Tortilla Flatz

Bank of the West

Cristina Zamarron, owner of Tortilla Flatz Mexican Grill in Plainfield, Illinois, has always poured her heart into her restaurant. Known for its cozy atmosphere and inventive fusion dishes like house-made… Read more The post Small business, big dreams: How BMO opened doors for Tortilla Flatz appeared first on About BMO.

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The budget-friendly case for a use-it-or-lose-it return-to-office policy

CFO Dive

Top-line leadership unwilling to be strict about RTO policies can leave a company still paying for office space even as its workforce is effectively remote, a workplace analytics expert says.

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Weekend Reading For Financial Planners (May 10–11)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent survey found that long-feared fee compression in the financial advice industry has yet to come to pass, though some advisors continue to see potential for small reductions in asset-based fees in the future. These results largely match results from the recent Kitces Research Study on Advisor Productivity, which found that the typical fee schedule for firms charging

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SBI to sell 13.19% stake in Yes Bank to Japan's SMBC for $1.04 billion

CFO News

State Bank of India will reduce its stake in Yes Bank to just over 10%, while Japans SMBC will hold 20% after acquiring a 13.19% stake for 88.89 billion rupees ($1.04 billion).

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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7 things people with high emotional intelligence never say to people they value

Small Biz Bonfire

Isn’t it fascinating how some people always seem to say the right thing at the right time? It’s like they have a sixth sense for navigating complex social situations, always leaving you feeling heard, valued, and respected. This, my friend, is a sign of high emotional intelligence. But let’s flip the script a bit. What if we told you that the real secret to high emotional intelligence isn’t just about what you should say but also about what you shouldn’t?

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7 things happy people do every day without thinking about it, according to psychology

Small Biz Bonfire

Hey there, Lachlan Brown here. I’m the founder of Hack Spirit and a bit of a psychology nerd. For the longest time, happiness felt like a foreign concept to me. I mean, sure, I’d heard about it, read about it, but it seemed elusive. You know what I’m talking about, right? Life was a constant juggle between work stress, personal commitments, and that nagging feeling of discontentment.

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RBI tightens rules for digital lending platforms to safeguard borrowers

CFO News

According to the RBI, ranking of loan offers will only be allowed if based on publicly disclosed metrics, and this should not be interpreted as favouring any particular lender.

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Breaking Down GROW with SAP Package Features

Navigator SAP

When SAP released S/4HANA Cloud Public Edition and began promoting it as the ERP of choice for fast-growing small and medium-sized businesses, we sat down. This was a game-changer.

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IndusInd Bank to look into 'insider trading' allegation after independent probe

CFO News

IndusInd Bank acknowledges an independent review flagged potential insider trading issues involving its CEO and deputy, who traded shares before public disclosure of accounting lapses. The bank is reviewing the findings and will take necessary legal steps. Moody's Ratings has also revised IndusInd's outlook to 'negative' due to potential solvency and liquidity impacts.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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MiB: Karin Risi, Vanguard’s Chief of Strategy & Product

Barry Ritholtz

This week, I speak with Karin Risi , who spent 27 years at Vanguard , the world’s 2nd largest asset manager. She has reported directly to the past four CEOs of VG. She formulated enterprise-level strategy, drove client and revenue growth, oversaw talent development, and influenced capital allocation for the $10 trillion investment firm serving 50 million investors globally.

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FM Nirmala Sitharaman reviews banking sector's operational and cybersecurity preparedness amid rising tensions with Pakistan

CFO News

Nirmala Sitharaman chaired a meeting with bank and insurance heads. The meeting addressed cyber security readiness due to border tensions. Banks were directed to stay alert and ensure uninterrupted services. They must audit cyber systems and designate officers for cyber and operational matters. Banks are coordinating with RBI and CERT-In. Employee safety in border areas is also a priority.

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Ramaco’s CEO Says Surprise Rare Earth Discovery Sparks US Production

Global Finance

When Nasdaq-listed, Kentucky-headquartered metallurgical coal developer Ramaco Resources announced in 2023 that it discovered rare earth elements in its Wyoming coal minewhere they werent expectedthe developer became the latest participant in the estimated $7.2 billion rare earths market. The company, which posted $11.2 million in net profit on $666.3 million in revenue in 2024, plans to begin pilot production and processing of rare earth metals later this year.

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Govt notifies expansion of Credit Guarantee Scheme for Startups

CFO News

The Centre's Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the expansion of the Credit Guarantee Scheme for Startups (CGSS) which increases the ceiling on guarantee cover per borrower from Rs 10 crore to Rs 20 crore.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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If someone really loves you, they won’t hesitate to do these 8 uncomfortable things

Small Biz Bonfire

If someone truly loves you, they’ll go to great lengths for your happiness, even if it means stepping out of their comfort zone. That’s the premise of love, isn’t it? But how can you tell? Well, it’s not as straightforward as reading an emotion on a face. Human relationships are intricate, layered with nuances that demand a deeper understanding.

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'Terror' funding: India opposes IMF aid to Pakistan

CFO News

India abstained from voting on IMF loans to Pakistan, citing concerns about the nation's history of misusing funds and sponsoring cross-border terrorism. New Delhi questioned the efficacy of repeated IMF bailouts for Pakistan, highlighting its poor track record of adhering to program conditions and the military's interference in economic affairs.

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Mattel taps Kenvue’s Ruh for CFO amid tariff pressure

CFO Dive

The leadership change comes at the end of a week in which the California-based toymaker landed squarely in the crosshairs of President Donald Trump’s tariff push.

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India-UK FTA: Wins, exclusions & road ahead

CFO News

The India-UK Free Trade Agreement aims to strengthen economic ties, benefiting Indian exports like textiles and UK exports like Scotch whisky. While tariffs on UK automotive imports will decrease gradually with quotas, sensitive agricultural and industrial goods are excluded to protect domestic industries.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: Teslas Headwinds Are Coming From Its C-Suite. Elon Musk is a key figure in the economic environment thats punishing sales. Plus: Indias car tariffs are under pressure. ( Bloomberg ) The Failure of Warren Buffett : The best version of capitalism wasn’t good enough.( How Things Work ) see also Be Like You : Statistically, the probabilities are overwhelming that you are not one of the worlds greatest investors.

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G7 countries urge India, Pakistan to de-escalate situation

CFO News

In a statement, the foreign ministers of the G7 countries said further military escalation poses a serious threat to regional stability.

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Quick commerce price war: Rivals offering steep discounts to capture market, says Swiggy CFO

CFO News

For Swiggy, store expansion going forward will be a derivative of growth for the company and not the other way round. As for the quality of growth, which depends on customer retention and spending per user, Bothra believes that while some churn is a given, the company is seeing a smile curve emerge indicating improved customer quality.

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Bhushan Power ex-promoter moves NCLT to give effect to SC liquidation order

CFO News

Sanjay Singal, former promoter of Bhushan Power and Steel, has appealed to the NCLT Delhi to enforce the Supreme Court's decision overturning JSW Steel's resolution plan for BPSL. The Supreme Court had nullified the 19,700 crore plan, citing non-compliance with IBC sections, and mandated liquidation proceedings. Singal's application seeks the Tribunal's directives to implement the apex court's verdict.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Azo Holding GmbH acquires Vedic Pac-Systems; IndusLaw advises

CFO News

Azo Holding GmbH acquires Vedic Pac-Systems Private Limited. IndusLaw advised Azo on the acquisition. This acquisition marks Azo's entry into the Indian market. The move enhances Azo's global presence in automation solutions. Deval Patel Associates represented Vedic Pac-Systems. Rittershaus represented German Law Advisors. The deal signifies growth in the automated solutions sector in India.

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ICAI asks over 14 lakh members to stand in solidarity with armed forces and nation

CFO News

The Institute of Chartered Accountants of India (ICAI), the world's largest accounting body, set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation and development of the profession of Chartered Accountancy in India, has extended its support to the Government and Indian Army for the recent action against terrorist hideouts in Pakistan and Pakistan occupied Kashmir.

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India Inc hails decisive action in 'Operation Sindoor'

CFO News

The Confederation of Indian Industry (CII) on Friday expressed its solidarity and "unequivocal support" to the government and Indian armed forces for the decisive and strategic execution of 'Operation Sindoor' against Pakistan.

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India, Chile ink terms of reference for comprehensive free trade pact

CFO News

In April 2019, both countries agreed to pursue a further expansion of the PTA.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.