Accessible tech advocate Haben Girma gets CFO audience
CFO Dive
MAY 29, 2023
Girma, the first blind and deaf woman to graduate from Harvard, is set to speak at Gartner’s 2023 CFO & Finance Executive Conference.
Mon.May 29, 2023
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Five Things That Could Knock Nvidia Down
The Reformed Broker
MAY 29, 2023
Okay, it’s up 10,000% since May of 2013 and is now the best performing stock in America during the past decade. Everyone is obsessed. It’s the biggest story in the market this year. Cramer has now named a second family dog after it. Jensen Huang’s name is now in the mainstream alongside Bill Gates, Steve Jobs, Mark Zuckerberg, Jeff Bezos, Elon Musk.
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CFOs have to manage multiple shareholders, answerable to larger community: Leaders
CFO News
MAY 29, 2023
Top finance leaders discussed the evolution of the role of a CFO, the increased expectations from this position, how CFOs are answerable to a larger community and have to go beyond being a techno-commercial person to a strategist.
Accelerating Firm Growth With A Niche: How I Built A $48M AUM Advisory Firm In 3 Years
Nerd's Eye View
MAY 29, 2023
When a financial advisor starts their own firm, they face many important choices. One of the key decisions is determining the type of clients they want to serve. Some advisors may choose to take a generalist approach that leaves the door open to working with the broadest possible pool of prospective clients. But with hundreds of thousands of financial advisors competing for the same prospects, it can be challenging to build a generalist advisory business from scratch.
Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age
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.
Interest rate stability, loan and housing demand back in real estate sector: LIC Housing Finance CFO
CFO News
MAY 29, 2023
The NBFC has reported a jump of 5.5% in its Q4 consolidated net profit at Rs 1,180.3 crore, against Rs 1,118.
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Indian economy showed resilience, but recovery from Covid pandemic shock not complete: RBI report
CFO News
MAY 29, 2023
Several shocks tested the resilience of the Indian economy in 2022-23. Despite this, India emerged as one of the fastest growing economies among major nations. However, there are risks to this growth, including slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility following new stress events in the global financial system, the RBI said in its report.
10 Memorial Day Reads
Barry Ritholtz
MAY 29, 2023
My Memorial Day morning reads: • Memorial Day—for All Americans : We may disagree with one another about our vision for our country, but so did the soldiers, sailors, airmen, and Marines we honor today. ( The Bulwark ) • China’s hypersonic missiles threaten US power in the Pacific: An aerospace engineer explains how the weapons work and the unique threats they pose : Chinese researchers claimed in a May 2023 research journal report that the country’s hypersonic missiles could destroy a U.S
FDI equity inflows contract 22% in FY23
CFO News
MAY 29, 2023
India's foreign direct equity investments during fiscal year 2022-23 were $46.03 billion, down 21.67% from the previous year, according to the Department for Promotion of Industry and Internal Trade. In the January-March quarter, inflows were $9.28 billion, or 41% lower than the corresponding period previously. Total FDI inflows, including additional equity investments, reinvested earnings and other capital, contracted 29.6% to $15.49 billion in the fiscal fourth quarter.
Ambani-backed EV maker is said to weigh raising USD 85 million
CFO News
MAY 29, 2023
The company, which counts billionaire Mukesh Ambani among its backers, is seeking a valuation of around USD 350 million in the new round, said one of the people, who asked not to be identified as the information is private.
How to Build the Ideal HR Team
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ONGC to invest Rs 1 trillion in green energy, to bid for offshore wind project
CFO News
MAY 29, 2023
"We have done our internal workings and are now confident that we can achieve net-zero for Scope-1 and Scope-2 emissions by 2038," Singh said, adding that the company will invest Rs 1 lakh crore towards the same. As part of the initiative, ONGC wants to grow its renewable power portfolio to 10 gigawatts (GW) by 2030 from 189 megawatts at the end of March.
Cash-hungry Adani utility shows funding urgency to power India
CFO News
MAY 29, 2023
India’s largest private utility is a key player in Modi’s pledge to provide power to every Indian home. In a media blitz on Monday, it touted itself as capable of “distributing electricity to every corner of the country.
CBI files graft case against Rolls-Royce, former top official
CFO News
MAY 29, 2023
The Central Bureau of Investigation has booked Rolls-Royce Plc, one of its top former executives in India and British Aerospace Systems on charges of corruption and criminal conspiracy over a deal to supply the Hawk 115 advance trainer aircraft to the Indian Air Force.
RBI may reduce policy rate in fourth quarter of 2024: Oxford Economics
CFO News
MAY 29, 2023
"The MPC will want to see clear signs that inflation is stabilising in the middle of its target range before considering a dovish move - in our view this will happen before the end of the year," the global forecasting firm said.
Planning Your Restaurant's Path to Profitability
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.
Telcos may go slow on capex from next fiscal
CFO News
MAY 29, 2023
The telecom operators could be moving towards a slowdown in capital expenditure, after the selling, general and administration (SG&A) costs tapered in the fourth quarter of fiscal 2023, analysts said. In addition to trimming expenses, the operators will also look at monetisation of 5G, as well as 4G tariff hikes to make up for the high capex in the last fiscal year, they said.
HUL's CEO designate Jawa to be paid ?21 crore in FY24
CFO News
MAY 29, 2023
HUL had 6,697 permanent employees as on March 31, 2023, against 8,480 a year earlier. The company clarified that last year's number includes employees working for HUL only while the FY22 number included those working with subsidiaries and group companies.
GDP, war and reform: New Parliament symbols speak of Modi govt's policies
CFO News
MAY 29, 2023
There's far more to the symbolism than just Sengol, the divine scepter linked to the Chola tradition of transfer of power, which Modi installed in the new Parliament. These themes indeed align with the Modi government's emphasis on India's innate potential to become an advanced country.
Our financial services business is going to be leader for FY24: Anish Shah, Mahindra Group
CFO News
MAY 29, 2023
So as I said, Mahindra is not just an auto business or a farm business. We also represent services across the breadth of all of the industries in India and therefore are very well positioned with the India growth story.
How Automation is Driving Efficiency Through the Last Mile of Reporting
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
Healthtech startup Qure.ai appoints Poonam Ajgaonkar as chief people officer
CFO News
MAY 29, 2023
Ajgaonkar's expertise will be instrumental in attracting and retaining top talent, enhancing employee engagement, and fostering an inclusive work culture globally, the company said.
Pluckk appoints Mamaearth's Kunwarjeet Grover as head of growth
CFO News
MAY 29, 2023
Prior to Honasa, he was also associated with Himalaya Herbal Healthcare, CavinKare, Phillips Lightning, and Havells India. With over 12 years of experience he specialises in P&L management, business development, online vendor management, and business planning or implementation.
India's unemployment rate eases to 6.8% in January-March 2023: NSO survey
CFO News
MAY 29, 2023
The unemployment rate was 6.0% for men and 9.2% for women. It was 6.5% and 9.6% for men and women respectively, in October– December 2022.According to the PLFS report, female labour force participation in Q4 FY23 increased marginally to 22.7% from 22.3% in the previous quarter. The male abour force participation stands at 73.5%.
Consumer electronics brand DIZO India's CEO moves on
CFO News
MAY 29, 2023
Abhilash Panda, CEO of consumer electronics brand DIZO India, has stepped down after working for two years at the company to pursue new opportunities and challenges in his professional journey.
Accounting Software and ERP Readiness Guide
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In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.
Our focus right now is to grow all our businesses: Anish Shah, Mahindra Group
CFO News
MAY 29, 2023
We want to get global leadership because we have got leadership in India in auto. And that is something that we have got to now take across the world to be able to do a lot more with our growth gems.
We expect domestic pharma market to see significant growth: Rushabh Sheth
CFO News
MAY 29, 2023
So, we think that it is very interesting that you are seeing consolidation right at the point where hopefully the business will start to see significant inflection in terms of consumer spend, so that is why we really like the space.
Indian companies navigating current slowdown reasonably well: Rushabh Sheth
CFO News
MAY 29, 2023
There are still a lot of moving parts. So I think from a domestic economy standpoint, we are well placed. However, from a global standpoint there are still, as you rightly said, there are a lot of moving parts.
Governance gaps found in some banks have potential to cause volatility, Shaktikanta Das says
CFO News
MAY 29, 2023
Good corporate governance is a basic requirement for keeping the banking system safe and sound, Das observed. Effective governance is of critical importance for trust, long-term stability and business integrity of banks, the Governor said.
Recruit and Retain New Blue-Collar Talent
Advertiser: Paycor
Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.
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