Thu.Jan 16, 2025

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Finance as the Quarterback: A CFO’s Strategic Advantage

CFO Thought Leader

Inside The Mentoring Round, CFO Eugene Wong shares how he discovered that bridging disconnected teams can accelerate growth. He describes how finance can serve as the quarterback, identifying misalignment across departments and convening sidebars to maintain synergy. CFO Wong emphasizes scaling while sustaining efficiency and employee passion. Looking ahead, top priorities include streamlined growth, engaged teams, and strategic resource allocation. 1063: From Banking to Building: One Leaders Sh

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FASB declines to tackle new credit risk transfer project

CFO Dive

The U.S. accounting standard setter decided against adding a new project to its priority agenda that would have required banks to disclose more information about CRTs.

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Asia-Pacific lags in IPO activity in 2024, EY says

Future CFO

The Asia-Pacific region recorded a lag in IPO activities in 2024, according to EY. APAC saw a continued downward trajectory, which began in 2021, declining 35% in deals and 51% in proceeds year-over-year (YOY), although the second half of the year had a greater performance compared with the first half. A total of 129 deals (down 21% YOY) raising US$3.6b (down 38% YOY) was recorded for Asean, as exchanges that were the most active in the year were Malaysia (49 IPOs raising US$1.7b), Indonesia (41

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SEC hits ex-pharma CFO with sanction over fraud charges

CFO Dive

The former finance chief is barred under a commission order from serving as an officer of a public company or practicing before the SEC as an accountant.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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3 AI Tools for Stock Trading & Price Predictions

Financial Analyst Insider

Investing in the stock market can feel daunting, especially for beginners. The sheer volume of data, constant news updates, and market fluctuations make it challenging The post 3 AI Tools for Stock Trading & Price Predictions appeared first on Financial Analyst Insider.

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Protected: The Key Drivers That Determine Your Company’s True Value

Beacon CFO Plus

This content is password protected. To view it please enter your password below: Password: The post Protected: The Key Drivers That Determine Your Companys True Value appeared first on BeaconCFO Plus.

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Infosys plans to hire over 20,000 freshers in FY26 amid demand recovery, says CFO Jayesh Sanghrajka

CFO News

Amid a strong recovery in demand, Infosys CFO Jayesh Sanghrajka revealed plans to hire over 20,000 freshers in FY26, signaling optimism for growth, while maintaining momentum towards its ambitious hiring targets for FY25.

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Protected: How to Start Building Business Value Before You Sell

Beacon CFO Plus

This content is password protected. To view it please enter your password below: Password: The post Protected: How to Start Building Business Value Before You Sell appeared first on BeaconCFO Plus.

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India's fiscal deficit to shrink continuously amid strong tax revenues: World Bank

CFO News

India Fiscal Deficit: The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the latest World Bank report.

Banking 45
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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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Adani CFO posts 'Kitne Ghazi Aaye, Kitne Ghazi Gaye' message as Hindenburg Research shuts down

CFO News

Adani Groups CFO, Jugeshinder Robbie Singh, shared a cryptic message after Hindenburg Research announced its shutdown, marking the end of a tumultuous period that significantly impacted the Adani empires market value.

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IRCTC appoints Sudhir Kumar as CFO

CFO News

Indian Railway Catering and Tourism Corporation (IRCTC) has appointed Sudhir Kumar as CFO, effective January 16, 2025, succeeding Gaisingam Kabui. A seasoned IRAS officer, Kumar brings extensive experience in finance, automation, and cost optimization within Indian Railways.

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Indian IT biggies are slowly letting go of their love for H-1B visas, but US cos still want them

CFO News

India's top IT firms, including Infosys, TCS, HCLTech, and Wipro, are reducing their H-1B visa dependency by increasing local hires and technological advancements. They are adapting to US immigration changes and operational costs. In contrast, American companies like Amazon, Google, and Tesla are increasing their reliance on H-1B visas for specialized tech roles.

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DPIIT inks pact with Avaana Capital to support deep-tech startups

CFO News

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed an agreement with Avaana Capital to support manufacturing and deep-tech startups. Avaana Capital will provide expertise in manufacturing through mentorship programmes and business model refinement. This collaboration aims to accelerate startup growth and drive sustainability in India's startup ecosystem.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Budget 2025: Fostering inclusive real estate growth with fiscal discipline

CFO News

Budget 2025 will likely aim to enhance India's global competitiveness, fuel infrastructure and economic development in Tier II cities, and provide transformative measures for real estate growth. It is likely to focus on long-term growth, housing incentives, sustainability, and streamlining tax and regulatory frameworks to support sustainable urbanization and economic development.

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Barclays sees rupee at 89.5 by end-2025, says currency fall rapid than expected

CFO News

Under the new RBI governor Malhotra, it expects increased flexibility in exchange rate management, leading to higher volatility and a stronger correlation between the rupee and the US dollar.

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Gold demand picks up despite all odds

CFO News

Gold markets experience an uptick post-Kharmash period, driven by increased consumer demand amid rising international prices and speculation of a potential import duty hike in the upcoming union budget. Traders report significant sales growth in Mumbai's Zaveri Bazar and Kolkata's Senco Gold & Diamonds.

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Clean energy sector makes case for national council

CFO News

The renewable energy industry in India advocates for the creation of a National Renewables Council and an extension of the waiver for inter-state transmission system charges. This aims to address challenges such as inter-state cooperation, land acquisition, and logistics in power transmission to achieve 500 GW capacity by 2030.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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RBI evaluates Tata Sons’ request to shed core investment company status

CFO News

The Reserve Bank of India is considering Tata Sons' request to de-register from the list of core investment companies under NBFC-UL norms. Tata Sons, now a zero-debt company, seeks exemption from required listing. The list includes 15 finance companies, with Tata Sons, Tata Capital, and HDB Finance remaining unlisted.

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Reliance Industries Q3 Results: PAT rises 7% YoY to Rs 18,540 crore, revenue up 7%

CFO News

Reliance Industries Q3 Results: Reliance Industries (Ltd) on Thursday reported 7% year-on-year (YoY) growth in its consolidated net profit at Rs 18,540 crore for the third quarter. Revenues from operations increased 7% YoY to Rs 2.43 lakh crore.

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Banks plan to move Supreme Court for ways to lend against properties

CFO News

High-street banks are considering approaching Supreme Court following a ruling that bars lending against properties without completion and occupancy certificates. This decision raises practical issues for older and heritage properties and states where such certificates are not issued. Banks seek further clarification.

Banking 40
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RIL Q3 Results: 5 takeaways for investors to track from earnings card

CFO News

RIL Q3 Results: Reliance Industries posted strong Q3 earnings with a 7% YoY net profit rise to Rs 18,540 crore, driven by recovery in oil-to-chemicals (O2C) and robust growth in Jio Platforms. The O2C segment EBITDA grew 2%, while Jio's digital services saw a 26% profit increase. The oil and gas business underperformed, affecting overall revenues.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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India among most ready-to-recruit markets for in-demand skills: Study

CFO News

India ranks 25th globally in preparing its job market for future skills like AI, digital, and green technologies, according to the QS World Future Skills Index. The country's strong venture capital funding and dynamic investment ecosystem enhance its readiness for AI integration. However, improvements are needed in higher education, industry collaboration, and sustainability practices.

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Hero MotoCorp CEO Calls for GST Cut On Two-Wheelers Up To 125 cc

CFO News

Hero MotoCorp CEO Niranjan Gupta said on Wednesday that the government should also continue on the path for long-term growth, stability and investments.

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Budget 2025: Steel ministry seeks $1.7 bn to help mills cut emissions

CFO News

India's steel ministry seeks 150 billion rupees from the budget for incentives to produce low-carbon steel. The plan includes reducing emissions, boosting R&D, and promoting renewable energy loans. The incentives, aimed at achieving a 2070 net-zero target, will be in place until 2030. The government may use green steel in its projects to support this initiative.

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How Budget 2025 can help global electronic makers plan life outside China

CFO News

The COVID-19 pandemic's impact on global supply chains has driven companies to diversify from China, presenting an opportunity for India to become a major electronics hub. Budget 2025 aims to support this ambition through substantial investments, incentives, and a focus on both upstream component manufacturing and workforce development.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.