Thu.Jul 04, 2024

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Championing sustainability as a finance leader

Future CFO

Candice Brett , chief financial officer at beauty and home care products company Faith in Nature , discusses her experience leading the sustainability agenda as a finance leader. Brett talks on why she chose to work for an SME, what makes it exciting, and why accountants are perfectly placed to champion sustainability in small and medium enterprises.

Finance 52
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Trust in AI is earned. Business data and intellectual property must remain private and secure.

Jedox Finance

This article explains how Jedox keeps your important strategic, financial, and operational data safe. This data is what gives you an edge over competitors, especially when you use it with GenAI and other artificial intelligence applications.

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Trending Sources

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Elevating CFO Roles: Dr. Christian Ayiku Discusses Strategic Adaptations in a Digital World

CFO Talks

Elevating CFO Roles: Dr. Christian Ayiku Discusses Strategic Adaptations in a Digital World The financial landscape is evolving rapidly, and the role of the CFO is no exception. In a recent episode of the CFO Club Podcast, Nicolaas van Wyk, CEO of CIBA, engaged in an enlightening discussion with Dr. Christian Ayiku, CEO of DafriBank Digital Limited.

CFO 52
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BMO-sponsored Vector AI toolkit uses computer vision techniques to help fight climate change

Bank of the West

A new open-source AI toolkit called SegMate can help organizations and researchers in the fight against climate change with cutting-edge computer vision techniques. Created by the Vector Institute, in collaboration… Read more The post BMO-sponsored Vector AI toolkit uses computer vision techniques to help fight climate change appeared first on About BMO.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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Thomas Cook Group CFO sees 15-20% growth in current fiscal, plans expansion in tier 2 and 3 cities

CFO News

In an exclusive interaction with ETCFO, Debasis Nandy reveals ambitious growth plans, digital transformation, and an asset-light strategy.

More Trending

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Airtel and Jio expected to log steady growth, Vi may falter

CFO News

Reliance Jio and Bharti Airtel are expected to show steady growth in the June quarter, driven by strong broadband user additions, while Vodafone Idea (Vi) is likely to experience a dip in revenue due to ongoing customer losses. Airtel is anticipated to outperform Jio in terms of average revenue per user (ARPU) due to 2G-to-4G conversions and rising postpaid adoption.

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10 Fourth of July Reads

Barry Ritholtz

My July 4th reads: • Fourth of July 2024: Celebrate with History, Traditions, and Recipes : Happy Independence Day! How did our founders envision celebrating this all-important American holiday? You might be surprised. Find out what’s special about the 4th of July. ( Almanac ) • Forecasters say the long July 4 holiday will be a record-setting bash : In travel news this week: CNN unveils 10 fantastic US cities to visit that aren’t overrun with tourists (yet) as the nation prepares for a record-s

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Revenue growth to be quite significant for next 2 financial years: Saurabh Gupta, Dixon Technologies

CFO News

I do not want to give you guidance on any number, but clearly the order book looks extremely healthy, not only across mobile vertical which is the largest trigger for our growth, I think so even IT hardware opportunities looking very promising.

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Budget 2024: Will govt retain focus on LPG subsidy to keep the cooker burning in rural India?

CFO News

Union Budget 2024: The Modi-led government is likely to allocate Rs 9,000 crore for the LPG subsidy to beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) in the upcoming Budget, according to a report by ET Now citing sources. This move continues the government's focus on providing subsidies under the Ujjwala Yojana scheme, primarily benefiting women.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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India Inc now picks its C-level champions from indoor pool

CFO News

Indian companies like Mahindra and Aditya Birla Group are increasingly focusing on internal talent pipelines for leadership roles, showcasing a shift towards nurturing seasoned professionals for longer tenures within the organization.

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What made Nomura turn bullish on Indian IT sector? Abhishek Bhandari answers

CFO News

Nomura's bullish stance on Indian IT credits G2000 data stabilization, benefiting midcaps like Persistent, Coforge, and Birlasoft. Wipro's new CEO Srini stabilizes leadership and growth. Discretionary cuts stabilize; US rate cuts expected. Coforge-Cigniti deal boosts testing. Annuity-driven businesses grow. Banking portfolios, large deals vital. FY24 saw midcaps grow 10%+.

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2% sustainability fee defeats purpose of GST: Tourism sector

CFO News

“The tourism industry is highly taxed. If a levy of 2% on every invoice is imposed, our competitiveness will be adversely affected, and the complia nce burden will increase. No other tourism destination in India, including Kerala and Rajasthan, which are our main competitors in the inbound market, levy such a fee,” TTAG said in a letter to the tourism department.

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Centre sacrificed large amount of GST revenue to compensate states: Former CEA Subramanian

CFO News

Former Chief Economic Advisor Arvind Subramanian revealed that the Centre has been sacrificing a substantial portion of GST revenue, amounting to 1 per cent of GDP annually, to uphold a 14 per cent compensation guarantee for states since the introduction of the tax regime. Subramanian emphasised the importance of maintaining the current structure of GST, stating that bringing petrol and alcohol under GST would not be advisable.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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DPIIT seeks Angel tax, inverted duty removal in Budget

CFO News

The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed eliminating the Angel Tax for startups ahead of Budget 2024, said Secretary Rajesh Kumar Singh. Introduced in 2012 under Section 56(2)(viib) as an anti-abuse measure to prevent tax evasion, the tax is levied above 30%. DPIIT asserts this removal could enhance capital formation in India.

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CJI Chandrachud advises SEBI, SAT to be cautious, pitches for more tribunal benches

CFO News

Calling the crossing of the 80,000 points milestone by the BSE as an ecstatic moment, where India is entering a "stratospheric domain", Chandrachud said such events emphasise the importance of regulatory authorities.

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Former RBI Guv Urjit Patel set to join Britannia Industries board again

CFO News

Urjit Patel, former RBI governor, joins Britannia Industries board as an independent director. He recommenced after a two-year hiatus following his resignation in 2018. Patel’s diverse experience includes stints in both the private sector and central bank, distinguishing him from his predecessors. As a seasoned professional, he brings a unique perspective to the boardroom, ensuring a blend of regulatory expertise and corporate governance.

Banking 40
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Greaves Finance appoints P. B. Sunil Kumar as CEO to accelerate EV financing

CFO News

Greaves Finance, a Greaves Cotton subsidiary, appointed PB Sunil Kumar as Executive Director and CEO effective July 3, 2024. He will advance financing for electric two-wheelers via the evfin platform. With 25 years' experience, including positions at Taiki Consulting, Tata Finance Ltd, ICICI Bank, and GE Capital Services India, Kumar is also a chartered accountant.

Finance 40
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Forecasting Failures Are Costly: Heres 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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RBI's bumper payout to limit big ticket divestment; govt to maintain Rs 50k cr target: Report

CFO News

A record Rs 2.1 lakh crore dividend payout by the RBI is expected to reduce the urgency for major divestments, according to Care Ratings, maintaining the government's Rs 50,000 crore target from divestments. Asset monetisation may be preferred if there is a resource shortfall, with SCI sales aiding in achieving the FY25 target. Potential divestments in SCI, CONCOR, and Pawan Hans are on the horizon, with projected total divestment proceeds reaching Rs 12,500-22,500 crore.

Sales 40
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MSMEs are on sustainability path but profitability focus can make the move faster

CFO News

MSMEs contribute a big part to India’s manufacturing output and hence, it becomes critical they adopt energy-efficient technologies to reduce operational costs.

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Tariff hikes and 5G monetisation moves hint Jio’s headed for IPO

CFO News

"The stage is now set for the telecom market leader's much awaited IPO in the near future," said Mayuresh Joshi, head of equity research at Indian unit of US-based William O' Neil & Co.

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Easier visa norms in works for non-PLI manufacturers: DPIIT secretary

CFO News

“We have already got a streamlined process for PLI beneficiaries. We’re trying to get it extended to other non-PLI beneficiaries operating in those same strategic sectors,” Singh said.

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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