Sun.Mar 23, 2025

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A Day in the Life: Kelly Wee from Hays

Future CFO

Editors note: In todays A Day in the Life , Kelly Wee (pictured), business director for accountancy & finance, human resources, and legal & office professionals at Hays, shares with FutureCFO audiences how a little embarrassing experience became key to her professional growth and how she has witnessed a growing number of women excel in C-level leadership roles.

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Greenko, Muthoot Finance raise $1.2-billion debt overseas

CFO News

Renewable energy firm Greenko Energy Holdings raised around $1 billion from investors, while Muthoot Finance raised $250 million. Greenko's bond was priced at 7.25%, tighter than the initial 7.62% target. The bond, issued under a dual Reg S and Reg S 144A structure, is backed by Greenko Wind Projects (Mauritius) and drew over $3 billion in investor interest.

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Horror stories of inflation in Argentina

Tips Watch

The solution could require ‘the madman’ with a chainsaw. People adapt. By David Enna, Tipswatch.com During my recent visit to Argentina I asked a tour guide in Buenos Aires about inflation, because that’s a topic that always interests me.

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Industry hails Centre's disbursement of Rs 14,020 crore as incentive under PLI scheme

CFO News

The industry on Monday applauded the government's commitment to strengthening India's manufacturing sector through the disbursement of Rs 14,020 crore under the production-linked incentive (PLI) scheme across multiple sectors, driving sales of Rs 14 lakh crore.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: ‘Shameful’: AARP’s partnership with healthcare giant faces backlash amid recent controversies : AARP has no fiduciary duty to seniors or retirees. They are up for sale to the highest bidder. Numerous transactions with various corporate entities confirms this.( Fox Business ) Its a Heist: Real Federal Auditors Are Horrified by DOGE : WIRED talked to actual federal auditors about how govern

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Disruption

Barry Ritholtz

You’ve got to be willing to question the system. That was what Napster was about. That powered all the change at the turn of the century until a little over a decade ago when the tech companies solidified their power. This is why Trump won and is winning. He questioned orthodoxy. Meanwhile, the Democrats have put their faith in the system to save them, I wouldn’t be so sure.

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TKIL Industries eyes Rs 1,000 crore green hydrogen revenue by 2030, says CFO Ketan Pendse

CFO News

TKIL Industries CFO Ketan Pendse has set an ambitious target of Rs 1,000 crore in green hydrogen revenue by 2030, with an annual CAPEX investment averaging Rs 40 crore over the next three years. But can green hydrogen truly emerge as a dominant business vertical in just five years?

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India's business growth dipped in March due to weaker services demand, PMI shows

CFO News

India is set to drive 6% of global trade growth, ranking third globally behind the US and China, despite a slowdown in the services sector. The manufacturing sector saw robust expansion, but overall business activity softened in March according to HSBC's flash India Composite Purchasing Managers' Index.

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IndusInd Bank hires Grant Thornton for forensic check

CFO News

IndusInd Bank hired Grant Thornton Bharat to conduct a forensic check on its derivatives operations after disclosing a potential 1,600 crore marked-to-market loss due to internal trades. The Reserve Bank of India directed the bank to appoint a new auditor, and the investigation will scrutinize the lapses, accountability, and financial implications within the bank.

Banking 45
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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Conflict of interest disclosures may be on Sebi agenda

CFO News

The board will also consider a proposal on the appointment process for key management personnel at market infrastructure institutions such as stock exchanges and easing rules for foreign portfolio investors (FPIs).

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Is the worst over for Indian rupee after hitting a two-month high?

CFO News

Indian Rupee Recovery: Analysts no longer expect the rupee to weaken beyond 89 per dollar this year, despite earlier concerns that it could breach 90.

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FY26 is going to be significantly better from an earnings perspective vis-a-vis FY25: Rupen Rajguru

CFO News

Rupen Rajguru, Senior Advisor at Julius Baer, discusses the gradual market recovery and improved sentiment due to a weakening dollar. He notes the positive impact on emerging markets like India, driven by government spending, liquidity measures, and regulatory easing. Rajguru highlights potential growth in NBFCs, OMCs, and power sector segments, especially in Transmission & Distribution.

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Rs 4 lakh cr added! Sensex soars over 900 points as D-St cheers FII return; Nifty above 23,600

CFO News

Sensex and Nifty traded higher on Monday for the sixth straight session, driven by gains in banking and IT stocks. Positive foreign capital inflows of Rs 7,470 crore on Friday, the largest in four months, have enhanced investor sentiment following a period of significant selling by foreign portfolio investors since late September.

Banking 40
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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Can continuing tax reforms lead us to achieve Viksit Bharat?

CFO News

In this article, Rajat Mohan, Senior Partner at AMRG & Associates, delves into whether India can follow Georgias transformative tax reforms and achieve the vision of Viksit Bharat through a simplified and efficient tax system.

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SC allows audit regulator's proceedings against CAs

CFO News

In the apex court, NFRA pleaded that the order is contrary to the ruling by NCLAT and SC in earlier cases. It has cited an SC judgment in the case of T K Harish, a branch auditor of DHFL, relating to siphoning off of Rs 31,000 crore of public money and a bank fraud of Rs 3,700 crore being investigated by other law enforcement agencies.

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No point unsettling a system, FPIs should live with current taxation: Sebi chief

CFO News

Sebi Chairman Tuhin Kanta Pandey emphasized that foreign portfolio investors must adapt to the current taxation regime while India offers significant investment advantages. He also warned against corporate malpractices in disclosures, reassuring that Sebi will take strict actions against such false disclosures.

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State-run banks bearing good deal of credit card bad debt

CFO News

State-run banks face high credit card bad loan ratios, particularly from cards issued between September 2021 and October 2023 amid competition from fintechs. These banks' aggressive lending during the post-pandemic boom contributed to the issue, with current stress primarily in the sub-Rs 50,000 category.

Banking 40
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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Banks block Indian promoters' foreign NBFC plans

CFO News

Large private sector banks in India are blocking Indian promoters' plans to establish investment companies abroad due to concerns of sidestepping foreign currency regulations. Offshore entities can move significantly higher amounts compared to the liberalised remittance scheme, raising concerns of misuse for personal use.

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Firms with Rs 250-cr turnover rush to register on TReDS as March 31 deadline nears

CFO News

At present, it is mandatory for all CPSEs and companies with turnover of more than Rs 500 crore to get themselves onboarded with TReDS platform.

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