CFO News

DECEMBER 22, 2024

Gst Council: The sale and purchase of used cars by individuals continue to be exempted from GST.

Sales 73

Sales 73

Future CFO

DECEMBER 22, 2024

Why Asia Leads the World in E-Invoicing Asia has become a global leader in e-invoicing, with early adopters like South Korea and India setting the pace, and newer entrants such as Malaysia and Thailand rapidly catching up. Countries like Vietnam, the Philippines, and Indonesia are fully committed to using e-invoicing to streamline tax processes, enhance transparency, and support economic growth.

Invoicing 52

Invoicing CFO Compliance Auditing 52

Tips Watch

DECEMBER 22, 2024

It is a possibility, says a T.Rowe Price analyst. We haven’t seen that level in 25 years. By David Enna, Tipswatch.com The chief investment officer at T.

Treasury 57

Treasury Investments Finance 57

CFO News

DECEMBER 22, 2024

A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283.5 crore as an annual salary in FY24.

Startups 52

Startups 52

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

CFO

CFO News

DECEMBER 22, 2024

The 55th GST Council meeting has unveiled a series of pivotal recommendations designed to deliver targeted relief, streamline compliance processes, resolve industry ambiguities and promote trade facilitation, experts said on Sunday.

Compliance 52

Compliance 52

CFO News

DECEMBER 22, 2024

India's market regulator, SEBI, suspended trading in Bharat Global Developers Ltd (BGDL) for alleged financial misrepresentation and market manipulation. An investigation revealed inflated share prices, false disclosures, and unusual trading activity. Key figures and preferential allottees are barred from market activities, and illegal profits are frozen.

Marketing 40

Marketing 40

CFO News

DECEMBER 22, 2024

Indian startups saw over $5 billion in exits through secondary transactions, IPOs, and block deals in 2024. This trend is expected to accelerate in 2025 with a projected doubling of IPOs. Secondary deals are providing liquidity for existing investors and entry points for new investors, even in younger companies preparing for public listings.

Startups 40

Startups 40

CFO News

DECEMBER 22, 2024

Google is reducing 10% of its managerial roles, including directors and vice presidents. The move aligns with CEO Sundar Pichai's vision of streamlining operations and staying competitive. Recent cost-cutting efforts have also included layoffs in core technical teams and overseas role relocations, reflecting Google's focus on maintaining its market edge in the rapidly evolving AI landscape.

Marketing 40

Marketing 40

CFO News

DECEMBER 22, 2024

Experts advocate for a more independent selection process and suggest extending the rotation period from the current 3 years (with a 6-year cooling-off period) to 5-7 years, ensuring enhanced audit quality and transparency.

Auditing 40

Auditing Banking 40

Advertiser: Paycor

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

CFO News

DECEMBER 22, 2024

India witnessed a record Rs 1.6 lakh crore raised through 90 IPOs in 2024, driven by robust economic growth and favorable market conditions. Hyundai Motor India's IPO led the charge, raising Rs 27,870 crore. Experts predict 2025 could surpass this record, with a potential Rs 2.5 lakh crore raised from upcoming IPOs, including HDB Financial Services and LG Electronics India.

Economics 40

Economics Marketing 40

CFO News

DECEMBER 22, 2024

Reliance Digital Health is set to acquire a 45% stake in Health Alliance Group. The deal is worth $10 million. This investment will help create a virtual healthcare platform. The platform will expand access to care for underserved communities. The transaction will be completed in about two weeks. Reliance Industries shares are expected to react to this news.

Healthcare 40

Healthcare Investments 40

CFO News

DECEMBER 22, 2024

The initial share sale will be open for public subscription during May 8-10 and the bidding for anchor investors will open for a day on May 7, the company said in a statement.

Finance 40

Finance Sales 40

CFO News

DECEMBER 22, 2024

Canon India, experiencing double-digit growth, is eyeing the semiconductor lithography equipment market. The company is in talks with chip manufacturers setting up facilities in India. Canon is also expanding into healthcare, flat panel displays, and studio solutions, leveraging India's economic growth and expanding into tier II and III cities.

Manufacturing 40

Manufacturing Healthcare Leverage Economics 40

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Investments

CFO News

DECEMBER 22, 2024

India is bracing for its third budget in 12 months. Meanwhile, economic growth has been on a downward spiral as tepid income growth led to penny-wise people further cutting back on consumption from cars and bikes to even items of daily use.

Budgeting 40

Budgeting Finance Economics 40

CFO News

DECEMBER 22, 2024

Tata Trusts has implemented stricter monthly reviews of projects to control operational costs and improve the impact of its philanthropic efforts. An internal audit revealed discrepancies, prompting enhanced monitoring and reporting. The Trusts may prioritize grants over direct implementation projects to minimize expenses and maximize funds for charitable causes.

Prioritization 40

Prioritization Auditing 40

CFO News

DECEMBER 22, 2024

Shareholder votes will decide Rashmi Saluja's fate as chairperson of Religare Enterprises. Advisory firms oppose her reappointment. They cite legal issues and governance concerns. Religare's board supports Saluja. The company says her compensation practices followed regulations. The vote will take place at the annual general meeting on December 31.

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CFO News

DECEMBER 22, 2024

The widening gap in interest rates with global markets, combined with growing FX pressures, makes a rate cut less attractive for the RBI, analysts say.

Marketing 40

Marketing 40

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

CFO News

DECEMBER 22, 2024

The Burman family, promoters of Dabur, has received regulatory approvals for an open offer to acquire an additional 26% stake in Religare Enterprises. This follows approvals from Sebi, RBI, and other regulators. The offer, expected to launch in mid-January, could give the Burmans majority control of the NBFC, despite opposition from current management.

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CFO News

DECEMBER 22, 2024

Market regulator, the Securities and Exchange Board of India (SEBI) has taken strict action in a front-running case, banning PNB Met Life Insurance Company's equity dealer Sachin Bakul Dagli and eight other entities from the stock market.

Securities 40

Securities Marketing 40

CFO News

DECEMBER 22, 2024

Indian Railways has fully transitioned to accrual-based accounting for the 2023-24 fiscal year. This shift, supported by the ICAI, enhances transparency, facilitates access to green financing and aligns with international accounting standards. The move also marks a significant step towards achieving ESG goals, with environmental initiatives reflected in the 2022-23 financial statements.

Accounting 40

Accounting Finance Accounting Standards 40

CFO News

DECEMBER 22, 2024

A Quickbase report reveals that 90% of manufacturers face production challenges due to labour shortages, with 41% struggling to transfer knowledge from experienced workers. While 49% plan to adopt automation, only 39% currently use it. With 1.9 million manufacturing jobs projected to go unfilled by 2034, investing in technology like predictive analytics and IoT is crucial to boost efficiency and address workforce gaps.

Manufacturing 40

Manufacturing Investments Planning Technology 40

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

CFO News

DECEMBER 22, 2024

India is introducing Unique Identification Marking (UIM) for specific goods like tobacco to combat tax evasion. Non-compliance will result in penalties. The GST Council approved this 'track & trace' mechanism, defining UIM as a secure, non-removable digital mark. This system, inspired by the WHO protocol, will track products throughout the supply chain, detailing manufacturing information and pricing.

Manufacturing 40

Manufacturing Compliance Securities 40

CFO News

DECEMBER 22, 2024

Then RBI governor Shaktikanta Das in his last monetary policy committee meeting said, "policy priority at this critical juncture has to be on restoring the inflation-growth balance," emphasising the need to control inflation. He added, "The fundamental requirement now is to bring down inflation and align it with the target." In conclusion, Das said, "Any other approach would be counterproductive and a case of inappropriate timing.

Leadership 40

Leadership 40

CFO News

DECEMBER 22, 2024

Indian capital markets are commanding high valuations as foreign investors are bullish about the country's economic growth on the back of strong domestic macroeconomic data, according to Sebi Chairperson Madhabi Puri Buch. Speaking at a CII event on corporate governance here on Tuesday, Buch said she meets foreign investors regularly as part of her mandate and has seen an increased interest among them for India, because of the velocity the country's economy has got after years of high-speed grow

Valuation 40

Valuation Economics Marketing 40