4 rules for CFOs cutting office space
CFO Dive
JANUARY 31, 2023
Trimming office space budgets has always been a quick cost-cutting solution for companies in recessionary times. Now hybrid work is complicating matters.
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Sebi chief flags bubble in midcap, smallcap space
CFO News
MARCH 11, 2024
Madhabi Puri Buch, Sebi chairperson, expresses concerns over stretched valuations of small- and mid-cap stocks favored by retail investors. AMFI directs mutual funds to provide additional disclosures. Sebi plans to bring in more disclosures on risk factors and allow T+ 0 trade settlement.
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Do Service Providers Need Office Space Anymore?
CFO Selections
APRIL 18, 2023
People are asking, “How much office space do service providers need these days?” But perhaps it is more appropriate to ask, do service providers really need office space at all anymore? With that in mind, many services companies are left wondering if they even need their office space these days.
The Cyber Hack From Space
PYMNTS
AUGUST 26, 2019
From space. We had high hopes when we saw CNN’s headline about the “first criminal allegation from space,” but sadly, the story is a bit more mundane than that. Anne McClain is a NASA astronaut who has recently returned from a six-month stint at the International Space Station. A Password-Free Future .
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959: A CFO Role as Broad as Space Is Wide | Mark Seidel, CFO, True Anomaly
CFO Thought Leader
DECEMBER 12, 2023
However, Seidel—CFO of space security start-up True Anomaly—swiftly short circuits the familiar narrative of a space-loving youth. True Anomaly was founded by space operators experienced in Space Force and Air Force tactics, aiming to address challenges in space security operations. national security.
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Inter-ministerial discussion under way to ease FDI norms in space sector: Official
CFO News
SEPTEMBER 22, 2023
The Indian government is considering further liberalising foreign direct investment (FDI) norms in the space sector to attract overseas players and private companies. Currently, FDI in the space sector is allowed up to 100% in satellite establishment and operations through the government route only.
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Managed workspace startup Table Space appoints ex-Sula executive Bittu Varghese as new CFO
CFO News
JUNE 29, 2023
Varghese is expected to shore up governance and drive expansion at Table Space.
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Passenger Airlines Increase Cargo Space To Replace Passengers
PYMNTS
NOVEMBER 8, 2020
Airlines that for decades augmented international passenger travel businesses with freight operations using space in the bellies of aircraft are trying something new because of the pandemic: cargo-only flights, CNBC reported. Fewer flights mean less belly space for cargo. The logic behind the development is straightforward.
Indian startups now struggling to survive in creator economy space
CFO News
JUNE 26, 2023
About half a dozen startups in this space – which have raised more than $12 million in funding – have shut shop while many others have pivoted or gotten acquired in distress sale over the last 12-18 months, industry officials said.
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Indian startups now struggling to survive in creator economy space
CFO News
JUNE 25, 2023
About half a dozen startups in this space – which have raised more than $12 million in funding – have shut shop while many others have pivoted or gotten acquired in distress sale over the last 12-18 months, industry officials said.
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Space: The Final Travel Commerce Frontier
PYMNTS
MARCH 23, 2019
“Space: the final frontier. It was way ahead of its time, given that it was a show about space exploration that debuted on television three-years before mankind had ever so much as set foot on the moon. We’ve made it to the moon, but not Mars — and the space shuttle isn’t even running anymore. – Gene Roddenberry.
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India set to relax FDI norms in space sector in bid to give a boost to satcom
CFO News
SEPTEMBER 24, 2023
"We expect the new FDI policy for the space sector to be approved soon. For different space activities, foreign investment of 49% or 74% is likely to be permitted via the automatic route, and in most situations up to 100% through the government route will be permitted."
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A small step to the moon, a giant leap for India's space ambitions
CFO News
AUGUST 23, 2023
India's successful soft landing on the moon's south pole is expected to create commercial opportunities for both the Indian Space Research Organisation (ISRO) and private companies involved in the mission.
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Online gaming space witnesses fall in funding
CFO News
DECEMBER 5, 2023
The report stated that interest rate hikes, tightened liquidity, inflation, changes in taxation, and concerns about an imminent recession are some of the reasons for the dip in investments in the online gaming segment.
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Office Space on a Budget: 5 Factors to Consider
Financial Analyst Insider
MAY 10, 2022
When you’re looking for office space, you need to satisfy your current needs and consider the future. The post Office Space on a Budget: 5 Factors to Consider appeared first on Financial Analyst Insider. You have to make sure that what you.
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Mubadala plans big deals in India's healthcare space
CFO News
APRIL 1, 2024
Abu Dhabi's Mubadala Investment Company plans to expand in India's healthcare sector, seeking deals in the $200-500 million range. With a focus on pharmaceuticals, outsourced pharma services, and medtech, Mubadala aims to deploy capital meaningfully in India. This move aligns with Mubadala's strategy to generate sustainable financial returns.
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Future Retail resolution professional pushes for new bidding round, 58% lenders' reject Space Mantra's plan
CFO News
OCTOBER 2, 2023
Kishore Biyani-promoted Future Retail, which is undergoing a corporate insolvency process, received only one eligible resolution plan from Space Mantra even as large conglomerates such as Adani Group and Reliance Industries had made expressions of interest.
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Chandrayaan 3: ISRO's landmark budget-friendly space odyssey poised for momentous lunar landing today
CFO News
AUGUST 22, 2023
India's space program is getting bigger and stronger, even though they don't spend as much money as some other countries. India is getting ready to try landing on the Moon again, this time with Chandrayaan-3. The last time India tried this in 2019, it didn't work, but this time things look better because of the pictures the lander sent back.
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Legacy Brands’ Retail Shelf Space Is Shrinking
PYMNTS
FEBRUARY 19, 2020
The change comes from grocers deciding to use their own research, as opposed to allowing the brands to dictate what they think is best in terms of shelf space. High-yield grocery items get shelf space in what is called the “strike zone,” right below a person’s eye level, according to Hershey Co. Chief Sales Officer Phil Stanley.
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Funding for Genomics exceeds all other subsectors in the ‘OMX-space
Fox Corporate Finance
JULY 31, 2022
Genomics represents the most crucial pillar in the ‘OMX-space and is the largest subsector in the US and Europe (EUR 13.3bn vs. EUR 1.8bn). The post Funding for Genomics exceeds all other subsectors in the ‘OMX-space appeared first on FCF Fox Corporate Finance GmbH.
Funding for Genomics exceeds all other subsectors in the ‘OMX-space
Fox Corporate Finance
JULY 31, 2022
Genomics represents the most crucial pillar in the ‘OMX-space and is the largest subsector in the US and Europe (EUR 13.3bn vs. EUR 1.8bn). The post Funding for Genomics exceeds all other subsectors in the ‘OMX-space appeared first on FCF Fox Corporate Finance GmbH.
Legacy companies in the mobility space are tying up with and even acquiring young startups to travel into the future
CFO News
JANUARY 21, 2024
Legacy companies like Mahindra and Mahindra, Hero MotoCorp, and Gulf Oil are collaborating with startups such as Ather Energy, Charge+Zone, and Tirex to explore opportunities in the mobility space. These collaborations aim to leverage synergies in electric vehicle (EV) and ecommerce sectors.
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UK Banks Retool Branch Locations For Office Space Use
PYMNTS
AUGUST 30, 2020
s banks reconfigure their branches to accommodate a COVID-19 world, some are converting portions of the underused real estate into office space. London-based Metro Bank CEO Daniel Frumkin told FT his bank must spend money to redesign some of the space so it’s fit for purpose over the next few months. As the U.K.’s
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Post-pandemic: How office space configuration will change
Future CFO
MARCH 23, 2021
An increase in remote working will meaningfully change office space configurations, which will subsequently affect employees, finances and corporate real estate, said Tammy Shoham, director in the Gartner Finance practice. . The most obvious consequence is that firms will need less office space per employee,” Shoham pointed out.
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IFC expands India footprint, leases new office space in Mumbai’s BKC from Brookfield
CFO News
JANUARY 11, 2023
The global institution that makes strategic investments and advisory interventions across India has leased the front-office space from an entity owned by the Brookfield Asset Management in the commercial tower Godrej BKC.
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Bowling Alleys, Gyms Taking Over Mall Space
PYMNTS
JANUARY 30, 2019
A new study has found that in-line tenants in malls are signing on for shorter lease periods, while non-traditional tenants are opting to fill up the space. The data showed that 5,000 mall stores, which make up 147 million square feet of retail space, closed last year, with 88 percent belonging to departing anchors. But Bain & Co.
Saltbox Opens Co-Warehousing Space For SMBs
PYMNTS
JANUARY 24, 2020
To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. Companies are seeking smaller warehouses and industrial spaces that are close to major cities with the growth of online shopping and the push for faster delivery.
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ION Commodities ranks #1 across the energy and commodity management space
ION Group
APRIL 11, 2022
The post ION Commodities ranks #1 across the energy and commodity management space appeared first on ION. LONDON – 12 April 2022: ION Commodities, a global leader in energy and commodity management solutions (CMS), ranked first in.
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ION Commodities ranks #1 across the energy and commodity management space
ION Group
APRIL 11, 2022
The post ION Commodities ranks #1 across the energy and commodity management space appeared first on ION. LONDON – 12 April 2022: ION Commodities, a global leader in energy and commodity management solutions (CMS), ranked first in.
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ITC to acquire Yoga Bar to expand presence in fast growing healthy foods space
CFO News
JANUARY 17, 2023
The move will allow ITC to expand presence in the Rs 45,000 crore fast growing, nutrition-led healthy foods space. ITC said this deal is in line with its ‘ITC Next’ strategy articulated by chairman Sanjiv Puri that focuses on building a future-ready portfolio of products that serve evolving consumer needs
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Amazon To Enter India’s Food Delivery Space
PYMNTS
FEBRUARY 28, 2020
In a move that could interrupt the duopoly of Zomato and Swiggy, competition in the food delivery space in India could intensify as Amazon India reportedly aims to enter the industry in the near future. The eCommerce merchant is forecasted to test its on-demand food effort in Bengaluru, livemint reported.
COVID-19 Pivot: Boston Restaurateur Turns Idle Space Into Cozy Money Maker
PYMNTS
NOVEMBER 19, 2020
Given that the space went unused as recently as September, Campbell said things so far have been “better than expected.”. “We're limited to 12 seats right now, so it fills up very, very quickly,” Campbell said, noting that the nightspot can turn the tables over three times on Saturday night. Not the First COVID Tweak.
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Klarna Pushes Into Rewards Space With ?Vibe?
PYMNTS
JUNE 9, 2020
The company also notes that Vibe is the first rewards program to be offered by a firm in the BNPL space. “We’re We’re extremely proud to be the first company in the buy now, pay later space to offer a personalized rewards program,” said Sebastian Siemiatkowski, CEO of Klarna , in a statement.
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Frontier To Allow Passengers To Purchase Extra Space On Planes
PYMNTS
MAY 5, 2020
Consumers are likely to be cautious in returning to public spaces, weighing their desire to go out against the risk of the virus and which safety precautions businesses put into place. And when asked when they think their own lives and mindsets will return to normal, many estimate it would take most of the rest of the year.
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Travelex Founder Buys London Office Space, Expressing Optimism In Market
PYMNTS
JULY 12, 2020
Dorfman spent 40 million pounds, or $50 million, and purchased space near Soho Place, an office block and theater near the Tottenham Court Road Station. Derwent London is handling development, and the building will include office space likely to be used by Dorfman’s The Office Group , Bloomberg reported.
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Mall Space Finds New Life As Tech Company Workplaces
PYMNTS
JANUARY 10, 2019
Malls are finding new life as offices for tech companies, as developers are repurposing space formerly held by retail tenants into workplaces with high-end amenities for firms like Google. After the office is finished, it will include open spaces, a garden deck on the roof and large terraces. million square feet of retail space.
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Encourage young entrepreneurs to tap $386 billion global space sector opportunity: Susmita Mohanty
CFO News
FEBRUARY 21, 2023
Delivering the keynote address at the 4th Edition of ETCFO Leadership Summit, 2023. Susmita Mohanty, Director General, Spaceport SARABHAI said the Indian startups need funding like the ones available in the US.
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Tapping Tech To Redesign How We Use Physical Space Going Forward
PYMNTS
AUGUST 5, 2020
In fact, when Farah first built tracking software to understand human utilization of physical spaces, he wasn’t trying to start a business — just trying to beat the line at his local coffee shop. There’s big value for those businesses to fully understand how people use spaces, as real estate can be so valuable.
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Intel appoints new CFO to troubled chipmaking unit
CFO Dive
APRIL 3, 2024
The appointment follows a $7 billion operating loss for Intel’s foundry unit as AI’s potential pushes up both interest and pricing in the semiconductor space.
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Businesses looking to diversify find room for growth in hospitality space
CFO News
OCTOBER 18, 2023
Entrepreneurs from various industries in tier-2 and -3 cities in India are entering the hospitality sector, diversifying their business portfolios. Sharad Agarwal, franchisee owner of Delhi Public School (DPS), is partnering with a luxury hotel chain to start his first hospitality venture in Siliguri.
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Amazon Looks To Enter Luxury Fashion Space
PYMNTS
JANUARY 8, 2020
Amazon’s new platform will give brands complete control over how the online space looks and feels, and what products they decide to sell. The new platform will work similarly to the concession model in department and specialty stores, where a brand will run a mini-shop inside a store.
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Shifting accounting norms for the AI age: EY
CFO Dive
APRIL 23, 2024
The rise of AI in the accounting space could bolster the need for core financial skills and expertise, EY’s Daren Campbell says.
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Customer-Facing Technologies Spice Up The QSR Space
PYMNTS
JANUARY 22, 2020
Three words are driving dramatic technological changes in the fast food space: quality, convenience and speed. QSR customers expect quality food and their preferred payment methods, and they want those things immediately.
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PYMNTS
JULY 16, 2019
Indian hotel startup OYO, which is currently in 80 countries around the world, plans to expand into coworking spaces, according to a report by TechCrunch. The coworking sector in India is worth about $390 million, which is dwarfed by the $30 billion conventional office space and commercial business.
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