Sun.Feb 16, 2025

article thumbnail

PodChats for FutureCFO: Mining data intelligence – the secret sauce of finance transformation

Future CFO

Transformation imperatives tend to revolve around modernising processes and systems to enable more agile operations that can adjust to the increasingly unpredictable nature of day-to-day life, whether we mean unplanned downturns or new opportunities that, at times, seem to come out of nowhere. With market volatility, digital disruption, and regulatory uncertainty appearing to be the norm rather than the exception in 2025, finance leaders will be hard-pressed to accelerate transformation initiati

Finance 64
article thumbnail

Explainer: How ICAI's revised merger and demerger guidelines will impact CA firms

CFO News

The Institute of Chartered Accountants of India (ICAI) has released the revised Merger and Demerger Guidelines, 2024, approved on January 23, 2025. How will these updated guidelines simplify the process for CA firms? What key changes should firms be aware of? We look into the new framework highlighting the streamlined processes, seniority preservation, and integration of technology for a more efficient future for CA firms.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

For the right investor, this week’s 30-year TIPS auction could have appeal

Tips Watch

By David Enna, Tipswatch.com I am writing this on a gorgeous Friday night in Rapa Nui, also known as Easter Island. I am sitting in the open-air lobby of a nice hotel, because everywhere else the Internet is non-existent.

article thumbnail

Seven shortcomings of the New Income Tax Bill

CFO News

New Income Tax Bill: While the Bill introduces some readability improvements, it largely repackages existing laws without addressing core issues.

45
article thumbnail

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

article thumbnail

10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: The False Gospel of Stuff and Status : We have become disciples of a flawed creed. To chase passion and value people is a much wiser way to live; or Ikigai, Detectorists, and the real meaning of life. ( Forking Paths ) The crypto industrys debanking smokescreen : Cryptocurrency companies have co-opted legitimate concerns about banking discrimination to fight regulation and Congress is buying it.( Citation

More Trending

article thumbnail

Japanese firms eye India as part of 'China Plus One' strategy

CFO News

While the sheer scale of India's domestic market is a major draw, what makes the country even more compelling is its well-established business and talent networks across these regions.

article thumbnail

LG Electronics bets big on India market ahead of its mega IPO

CFO News

After Hyundai Motor India Ltd (HMIL), the Indian subsidiary of Hyundai Motor Company, listed on the Indian stock market in a landmark Rs 27,856 crore initial public offering (IPO), another South Korean giant LG's India arm is all set for its mega IPO.

article thumbnail

Standard Chartered gets RBI nod to appoint PD Singh as India CEO

CFO News

PD Singh was the top choice for the Asia focussed UK bases lender among three names sent to the RBI, after interviews held in October, ET had reported in its December 11 edition. Singh had stepped down as CEO of JP Morgan in India, in June last year before the end of his term. He had received regulatory approval in January 2023 for a three-year term.

40
article thumbnail

Solv’s CFO, CEO to exit amid Jumbotail merger

CFO News

Solv-jumbotail Merger: Solv, a digital marketplace backed by SBI Group, is nearing a merger with B2B marketplace Jumbotail while experiencing senior leadership exits.

article thumbnail

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

article thumbnail

Sebi issues rules for disclosure on related party transaction approvals

CFO News

Markets regulator Sebi has introduced industry standards for the minimum information required for audit committee and shareholder approval of related party transactions. These standards, formulated with industry associations, will come into effect from April 1, aiming to ensure a uniform approach and enhance transparency in corporate transactions.

article thumbnail

A name change takes the fizz out of Bira's earnings

CFO News

B9 Beverages, owner of Bira beer, faced a challenging FY24 with sales dropping by over 20% and losses increasing by 68% due to regulatory changes and a name change. Despite demand, the company halted supplies to register its new product label, significantly affecting sales. Efforts are underway to raise fresh funds and drive growth.

Sales 40
article thumbnail

India Inc logs double-digit profit growth in Q3, outlook cautious

CFO News

According to the ETIG analysis, aggregate revenue for a sample of 3,400 companies rose by 6.9% while net profit grew by 12.6% year-on-year in the December quarter. Revenue and profit growth was 7.9% and 26.2%, respectively, in the year-ago quarter.

40
article thumbnail

Lenskart sharpens focus on IPO at $10 billion valuation

CFO News

Omnichannel eyewear retailer Lenskart has started the process of its initial public offering (IPO) and is looking to file its draft papers by May, sources told ET. The company is set to enter the public markets with a $10 billion valuation, double its previous funding round.

article thumbnail

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.

article thumbnail

Cooperative banks afraid of mass withdrawals

CFO News

On Thursday, the Reserve Bank of India restricted New India Cooperative Bank from issuing loans, accepting new deposits, or permitting withdrawals for six months. A day later, RBI superseded the board of directors of the bank when it emerged that there was a misappropriation of 122 crore.

Banking 40
article thumbnail

Singapore PM Lawrence Wong holds talks with India Inc on bolstering economic ties

CFO News

Singapore Prime Minister Lawrence Wong: The meetings resulted in a series of actionable steps, which will be advanced through structured industry-government dialogues.

article thumbnail

Impact of US tariff reciprocity on Indian exports likely to be limited: SBI

CFO News

Indian exports to the U.S. are expected to experience minimal impact despite anticipated higher tariffs, according to a State Bank of India report. Even with tariffs up to 20%, the decline in exports is estimated at only 3-3.5%. Strategic export diversification, increased value addition, and improved trade routes are key measures India is employing to counteract any potential negative effects.

Banking 40
article thumbnail

Use of foreign companies to buy properties in UK under ED lens

CFO News

While resident individuals are allowed to remit up to $250,000 a year to directly purchase properties abroad, acquiring stocks of foreign companies that primarily hold properties is a violation of foreign exchange regulations.

article thumbnail

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.

article thumbnail

Indian markets feel the chill in Trump-Modi ties sans bear-hugging bonhomie

CFO News

Narendra Modi met with Donald Trump, bringing trade concessions but facing reciprocal tariffs that will significantly impact India's top exports. Modi's efforts to negotiate a trade deal might involve more concessions, while India's currency and stock market could suffer due to capital outflows and lower dollar returns.