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Tata Sons looks to shed its 'Upper Layer NBFC' tag

CFO News

Under RBI guidelines, NBFC-ULs have to implement a board-approved policy for adopting the enhanced regulatory framework applicable to them and mandatorily list within three years of this. Tata Sons chairman N Chandrasekaran met RBI officials in this regard last week, said the people cited above.

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Why Is ERP So Expensive?

Navigator SAP

Many businesses miss out on the benefits of enterprise resource planning (ERP) because of the system’s price tag. It costs an average of $30,000 for small and medium enterprises (SMEs), which not many companies are willing to spend.

SAP 130
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Compliance reduction & decriminalization of legal provisions will foster ease of doing business

CFO News

With compliances and penalties being eased, it will not only further enhance India’s rank but will get India a tag of being a preferred destination for foreign capital. In addition, this will reduce the burden on the already burdened judicial system to hear and award criminal punishments.

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Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often

CFO News Room

We are printing thousands of new price tags every week,” Mr. Griffin said. Adjusting prices is tedious work and can interrupt store operations, Mr. Griffin said, adding that some employees are working overtime to put in new tags. Quicklizard Ltd., So-called dynamic-pricing strategies aren’t new. Wayfair Inc. had dropped to $114.99

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India's no longer 'fragile', can weather global market volatility

CFO News

Forex reserves, standing at over $600 billion, fortify the RBI's ability to stabilize the rupee, marking a significant contrast to a decade ago when India was tagged among the 'Fragile Five' economies. Increased exports post-pandemic buffered the CAD, keeping it manageable at 2% in FY23 despite soaring commodity prices.

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Business parameters of companies improve after insolvency process: Study

CFO News

Some of the companies said that banks refused to remove the “defaulter” tag even after resolution, making it difficult for them to access loans. Wherever loans were available, the terms were a little tough.

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Honda to focus on premium products to grow India business

CFO News

The company, which on Thursday introduced an updated version of its mid-size sedan -- City, plans to focus on products which are over Rs 10 lakh price tag powered by petrol and hybrid powertrains. The company, which is present in India through a wholly-owned subsidiary, plans to do away with diesel models in the country.