Fri.May 30, 2025

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Employers report plans to ‘quiet fire’ via RTO mandates, benefits cuts and more

CFO Dive

Companies pushing workers out said they’re hoping to avoid things like public layoffs, bad press and severance costs.

Planning 139
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Weekend Reading For Financial Planners (May 31–June 1)

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 of financial advisory firm employees found that about half of respondents are currently working in the office five days a week, with the remainder divided among hybrid formats or full-time work from home.

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Trending Sources

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GST framework review: Tax experts demand single audit committee, appellate tribunal

CFO News

Amid reform consultations, tax experts are calling for several solutions that include centralised assessments, functioning of GST Appellate Tribunal, and smooth credits under input tax credit (ITC) system.

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MiB: Tom Barkin, Richmond Federal Reserve President & CEO

The Big Picture

This week, I speak with Tom Barkin , Richmond Federal Reserve President & CEO. He previously spent 30 years at McKinsey & Company , eventually becoming Chief Risk Officer and Chief Finaacial Officer. He also sits on the Federal Open Market Committee. A transcript of our conversation is available here Tuesday. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg.

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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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Baba Ramdev's Patanjali faces MCA heat to explain some 'suspicious' transactions

CFO News

India's government has requested Patanjali Ayurved, co-founded by Baba Ramdev, to clarify certain transactions flagged as suspicious by the economic intelligence wing. The Corporate Affairs Ministry is investigating potential corporate governance breaches and fund diversions. This follows previous scrutiny of Patanjali Ayurved and its affiliates regarding tax non-payment and misleading product claims.

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Apollo Hospitals Q4 net up 54 pc; lines up Rs 8K cr for expansion

CFO News

Apollo Hospitals Enterprise reported a significant 54% surge in consolidated profit after tax, reaching Rs 390 crore for Q4 FY25, driven by robust sales. The healthcare provider's revenue also climbed to Rs 5,592 crore during the same period. Looking ahead, Apollo plans to invest over Rs 8,000 crore in the next five years, adding over 4,300 beds across India.

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GROW with SAP: The Benefits are in the Name

Navigator SAP

The GROW with SAP solution clearly indicates its value proposition in the name: GROW with SAP helps a business grow. But weve been thinking about the name more, and the benefits of the solution also can be found in each letter of the name. Taken as an acronym, the GROW with SAP name further explains why fast-growing small to mid-sized businesses are adopting the solution.

SAP 193
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ADB ready to provide USD 4.5 bn loan annually to India

CFO News

The Asian Development Bank (ADB) is prepared to offer India USD 4-4.5 billion in annual sovereign lending, along with approximately USD 1 billion in private sector financing. ADB's support aligns with India's Viksit Bharat 2047 vision, focusing on urban transformation, private sector development, and skills programs.

Finance 40
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Costco ‘held’ price on tariff-impacted bananas, CFO says

CFO Dive

The warehouse club retailer has sought to eliminate the tariff impact on certain “staple” goods prices but sees flowers as “discretionary,” CFO Gary Millerchip said.

CFO 177
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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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RBI plans to review internet & mobile banking rules, widen interface scope

CFO News

A new business-to-customer (B2C) functionality will be introduced on the ULI platform, which currently hosts 44 lenders, including banks and non-banking financial companies (NBFCs).

B2C 40
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Companies vie for ‘tried-and-true’ CFOs amid volatility: Russell Reynolds

CFO Dive

Ongoing pipeline and succession planning challenges are contributing to a “supply, demand imbalance” for employers seeking experienced CFOs, Russell Reynolds’ Jenna Fisher said.

Planning 154
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NCLAT stays order against Vedanta's power business demerger

CFO News

Vedanta Ltd received an interim stay from NCLAT on NCLT's order rejecting the demerger of its power business and merger with TSPL. The stay is conditional and allows Vedanta to proceed with its strategic reorganization.

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Key Announcements and Insights from SAP Sapphire 2025

Bramasol

The Bramasol team concurs with nearly everyone we engaged with in Orlando that this was one of the most well-attended and productive SAP Sapphire events in recent years. Beyond the significant announcements from SAP, our conversations with companies across various industries revealed a growing excitement about the potential for change and a readiness to embark on the next steps.

SAP 78
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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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ICAI CA September 2025 exam timetable released for Final, Inter and Foundation courses at icai.org; check here

CFO News

The Institute of Chartered Accountants of India (ICAI) has released the detailed timetable for the CA September 2025 exams covering Final, Intermediate, and Foundation courses. Exams will be held between September 3 and 22, 2025, with no exam on September 5 due to a gazetted holiday. Online application forms open July 5 and close July 18 (without late fee).

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The Big 3 – The Financial Statements Your Business Needs to Thrive

Focus CFO

For many entrepreneurs, financial statements may as well be a foreign language. Business owners often havent been shown how to make sense of them, and as a result, these statements are misunderstood and drastically underutilized.

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Sebi confirms market ban on LS Industries, promoter, 4 others

CFO News

Securities and Exchange Board of India (Sebi) has barred LS Industries and related entities from the securities market. This action follows allegations of fraudulent activities and stock price manipulation. The investigation timeline extends to November 15. Jahangir Panikkaveettil Perumbarambathu is directed to impound unlawful gains. The company's share price rose significantly despite poor financial performance.

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Lliuya v RWE. Germany’s historic climate ruling: A pyrrhic loss for claimants?

Corporate Finance Lab

I owe the title of this post squarely to Arie Van Hoe. The sentiment which Arie taps into, is that of most of the immediate commentary on Lliuya v RWE at the Hamm regional court, acting as court of appeal. Most of the immediate commentary notes the significant legal points scored by Mr Lliuya, even if his claim was ultimately dismissed. Consequently even in losing, the determination of the claim by the Hamm court may inflict long-lasting injuries on big greenhouse has emitters.

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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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China manufacturing shrinks in May despite trade war truce

CFO News

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States. While the two sides reached a temporary truce in mid-May, China recorded a contraction in factory output for the month.

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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2025 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new FCF Healthcare & Life Sciences Venture Capital Monitor USA 04/2025. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor USA 04/2025 published appeared first on FCF Fox Corporate Finance GmbH.

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Vi's Q4 loss narrows to Rs 7,166 crore; board approves Rs 20,000 crore fund raising

CFO News

Vodafone Idea reported a narrowed loss of Rs 7,166.1 crore for Q4FY25, with revenue increasing by 3.8% year-on-year. The board approved fundraising of up to Rs 20,000 crore, pending approvals. Despite AGR dues challenges, the company is engaging with the government for a solution and remains optimistic about securing funding and generating cash flow to continue as a going concern.

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10 Friday AM Reads

The Big Picture

My end-of-week morning train WFH reads: The age of AI layoffs is already here. The reckoning is just beginning : Job cuts are hitting knowledge workers from entry-level to management, from tech-forward companies to more staid corners of Corporate America. ( Quartz ) Why Investors Are So Nervous About Japanese Bonds : Global bond jitters are spilling into Japan, a corner of the market that for decades experienced barely any volatility and its worrying investors already spooked by frictions in

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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

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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Govt cuts import duty on crude edible oils to 10 pc; move to cool prices, protect local industry

CFO News

The Centre has slashed the basic custom duty on crude palm oil, soyabean oil, and sunflower oil to 10% from 20%, effective immediately. This decision aims to lower retail cooking oil prices and safeguard domestic processors. The move is expected to discourage refined palmolein imports, shifting demand towards crude palm oil and boosting the domestic refining sector.

Retail 40
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IndiGo to start direct flights to London, Athens, 8 other overseas cities this fiscal:CEO Elbers

CFO News

IndiGo is set to launch direct flights to London, Athens, and eight other international cities this financial year, fueled by India's booming aviation sector. The airline anticipates a fleet exceeding 600 aircraft by FY30, capitalizing on the doubling of passenger traffic expected between 2025 and 2030.

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Centre okays additional Rs 81,735 crore as tax devolution to states: FM Sitharaman

CFO News

The Centre has approved an additional instalment of Rs 81,735 crore as tax devolution to the state governments, which will be released on June 2, Finance Minister Nirmala Sitharaman said on Friday.

Finance 40
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Jharkhand govt urges finance commission to raise vertical devolution of central taxes to 50%

CFO News

The Jharkhand government has requested the Sixteenth Finance Commission to increase the vertical devolution of central taxes from 41% to 50%. Chief Minister Hemant Soren emphasized the state's significant contribution to national development through mining, while highlighting the associated environmental and social costs.

Finance 40
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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.