Sun.Nov 24, 2024

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ASEAN enterprises train LLMs with enterprise data, study finds

Future CFO

ASEAN enterprises are now leading in data intelligence, training their large language models (LLMs) with enterprise data. This is the findings of a new economist impact report by data, analytics, and artificial intelligence company Databricks. The study, titled " Unlocking Enterprise AI: Opportunities and Strategies ", examines the challenges businesses face in adopting and scaling AI, and the techniques they are using to drive greater value from these investments.

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1052: How Mobileye’s Capital Journey Shaped, Tested, and Advanced Its Future CFO | Moran Shemesh, CFO, Mobileye

CFO Thought Leader

By all accounts, when Moran Shemesh joined Mobileye in 2016 as Corporate Controller, the drama of its IPO was behind it. The Israeli autonomous vehicle technology company had gone public two years earlier, and Shemesh saw the opportunity to grow within an innovative tech company. “I was stepping into a fast-growing organization, that was already publicly traded,” she says, “and I understood the responsibility of being a Corporate Controller in a public company that was still in its growth stages

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Ask the Compound

Barry Ritholtz

Fun conversation with Ben Carlson on various ways people make mistakes about Investing, Real Estate and our emotional decision making about all of the above. On episode 150 of Ask The Compound, Ben Carlson and Duncan Hill are joined by Ritholtz Wealth Management CIO and Masters In Business Host Barry Ritholtz to discuss politics and investing, timing the sale of a house, dollar cost averaging vs lump summing at all-time highs, and much more!

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19 agritech soonicorns, 40 minicorns embracing emerging tech for biz growth: RBI

CFO News

India's agritech sector is experiencing remarkable growth, with 19 soonicorns and 40 minicorns. Investor interest surged, reaching $1.25 billion in 2021. The government is actively promoting agripreneurship and innovation through various initiatives. Emerging technologies like AI and IoT are being widely adopted. Challenges remain in scaling up operations, including funding constraints and fragmented land holdings.

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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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IVOL, a once-hot inflation-fighting ETF, has produced poor results

Tips Watch

By David Enna, Tipswatch.com My philosophy of investing is pretty simple: Stick to your asset allocation, layer in some inflation protection, and avoid undue risk, especially in your fixed-income holdings.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • How Google Spent 15 Years Creating a Culture of Concealment : Trying to avoid antitrust suits, Google systematically told employees to destroy messages, avoid certain words and copy the lawyers as often as possible. ( New York Times ) • America’s News Influencers : The creators and consumers in the world of news and information on social media. ( Pew Research ) see also 1 in 5 U.S. adults get their news f

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India fund outflows largest since March 2022; Japan fund flow turns negative

CFO News

India Fund Outflows: The shift coincides with a surge in US market inflows, where investor sentiment has turned euphoric following post-election results.

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India projected to see 7.1 pc workforce growth in FY25 second half

CFO News

India Employment Growth: India will see a promising 7.1 per cent net employment growth rate in the second half of FY25, according to a report on Monday.

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hBits aiming for Rs 10,000 crore in assets under management, IPO in 4-5 years, says CFO Samir Bhandari

CFO News

hBits CFO Samir Bhandari says the plans are fueled by strategic acquisitions, SEBI’s new regulations, and growing investor base.

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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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Plea filed in Supreme Court to take US bribery charges against Gautam Adani on record

CFO News

The US Supreme Court is now involved in the Gautam Adani bribery scandal. A new plea alleges that Adani bribed Indian officials to secure solar energy contracts, echoing accusations made by US prosecutors and the SEC. The plea urges a thorough investigation and a conclusive report from the Securities and Exchange Board of India (SEBI) to maintain investor confidence.

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Majority 55% of Indian economy continues to grow positively: HSBC Global Research

CFO News

Despite recent fluctuations in the Indian economy, a majority of sectors (55%) continue to show positive growth, according to an HSBC Global Research report. While consumer spending has slowed, government investments and a diversifying export basket are supporting growth. Agriculture is also poised for improvement following favorable weather conditions.

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What does BJP-led Mahayuti's win mean for Maharashtra's economy and India Inc?

CFO News

Maharashtra's Mahayuti alliance has clinched a historic win, securing 230 of 288 seats. What does this decisive victory mean for India's corporate and Maharashtra's economy? Can the BJP's promises, like a USD 1 trillion economy by 2028 and 25 lakh new jobs, withstand fiscal pressures?

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Goldman Sachs projects India's GDP growth at 6.3% in 2025

CFO News

Multinational investment bank Goldman Sachs forecasts India's GDP growth to decelerate to 6.3 per cent in 2025, over continued fiscal consolidation and slower credit growth.

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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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Logistics, EV & EV infra, agriculture & agrochemicals, e-commerce to lead workforce expansion

CFO News

India's job market is expected to grow. The workforce may increase by 7.1% in late 2024 and early 2025. Logistics, electric vehicles, and tech startups are hiring. Cities like Bengaluru and Mumbai remain job hubs, but Coimbatore and Gurgaon are emerging. Companies need workers with problem-solving and tech skills. Cloud computing and automation are changing how people work.

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redBus launches Primo for small and medium bus transport businesses to increase revenue

CFO News

The Primo initiative introduces consumer loyalty programme and operator-centric digital marketing features to make it a seamless journey for small and medium enterprises.

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IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD

CFO News

At the same time, he said, "We would like to engage with the space sector in terms of financing the space satellite vehicles manufacturing and other related areas. So, we have requested the government to include the space sector in the harmonized list of infrastructure so that we can be enabled to provide funding to this sector.

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Vodafone Idea misses Rs 350-crore bank guarantee payment; may not face penal action

CFO News

The next BG for Vi will become due in February. The company is required to submit a total of about Rs 24,700 crore in BGs in the coming months for past auctions.

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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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IPO pipeline to remain strong; 10 companies aim to raise Rs 20,000 cr in Dec

CFO News

Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are among the companies planning to launch their IPOs in December, merchant bankers said.

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Damson technologies inaugurates new manufacturing facility in Ahmedabad

CFO News

Damson Technologies has opened a new manufacturing facility in Ahmedabad, Gujarat, with an investment of Rs 200 crore. The facility will produce audio products such as TWS earbuds and home entertainment systems, creating around 500 jobs. This initiative aims to boost domestic production, reduce import reliance, and expand the company's presence in both domestic and international markets.

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Expect tractor industry festive season sales to grow 8-10% this year: Escorts Kubota CFO

CFO News

Driven by a favorable monsoon season and positive market sentiment, tractor sales in India are projected to surge by 8-10% during the September-November festive period. Despite a sluggish first half, the industry anticipates double-digit growth in the latter half of the fiscal year, culminating in an overall mid-single-digit growth for the year.

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India Inc's interest cover weakens with slipping top & bottom lines

CFO News

Indian companies faced a decline in interest coverage ratio to 4.8% in the September quarter. This was due to rising interest costs and slower growth in operating profit. Interest costs surged by 7.2% year-on-year, while revenue growth slowed down to 4.9%. Higher working capital requirements and increased borrowings further impacted the ratio.

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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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Choose correct income tax returns to report foreign assets: CBDT

CFO News

​ As many as two lakh income tax returns (ITRs) containing details of foreign assets and income have been filed during the current assessment year till now, according to the tax department.

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CCI rejects Apple request to put antitrust report on hold

CFO News

The Competition Commission of India (CCI) in August ordered a recall of investigation reports after Apple said the watchdog had disclosed commercial secrets to competitors in the case dating back to 2021, including Tinder-owner Match. These elements should have been redacted.

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COP29: Climate finance goal topped priority list at Baku

CFO News

The COP29 climate summit concluded with a new climate finance target of at least $300 billion by 2035 to aid developing nations in transitioning from fossil fuels. The agreement, reached after intense negotiations, will see contributions from various sources, including multilateral development banks.

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How will Adani indictment impact Indian banks?

CFO News

Adani News: Impact of Adani indictment on Indian l Indian insurtechs sees 12-fold growth l India fund outflows largest since Mar'22

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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.