Sun.Apr 07, 2024

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Record GST collection reflects India's economic strength and mature GST ecosystem: ICAI President

CFO News

ICAI President, Ranjeet Kumar Agarwal, praises record GST collection surpassing Rs 20 lakh crore for FY 2023-24, highlighting better compliance and economic growth.

Economics 102
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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Real Crisis in Humanities Isn’t Happening at College Our problem is in the real world—not the ivory tower—and so is the solution. ( The Honest-Broker ) • Transparent Vice: How Vice’s execs burned down its newsroom : Once promised to become the brash young voice of news, it became a den of wild expenses, shady deals, and greed turned it into ‘a f **g clown show.’ ( The Verge ) • The Future of Am

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Trending Sources

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Big Four set for another wave of partner poachings

CFO News

Recruitments come at a time when the Big Four firms are strengthening service lines, scaling up advisory practices and filling replacement hiring.

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Ep 33: Driving Value Beyond the Balance Sheet

CFO Thought Leader

This episode our Planning Aces emphasize the importance of leveraging one’s breadth of experience, stepping beyond traditional FP&A roles, and focusing on execution to bring significant value to organizations. They also emphasize the evolving nature of finance professional interactions and the idea that strategic insights can serve as catalysts for organizational change, prompting shifts in product development, market strategy, and operational execution.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Finance professionals call for fair remuneration, study finds

Future CFO

Remuneration ranks as the second most critical factor affecting talent attraction and retention in the audit profession across the majority of regions, according to a recent joint survey by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand. Younger employees are found to be more inclined to leave their organisations for pay-related issues, which have been exacerbated by the impact of inflation on real wages.

Finance 52

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India targets $600 billion textile exports by 2047, aims to create $1.8 trillion domestic market

CFO News

India plans to boost textile exports to $600 billion and grow the domestic market to $1.8 trillion by 2047, focusing on quality, sustainability, and global leadership in the textile industry. Industry has raised challenges of raw material for achieving the $350 billion export aim for apparels besides the need for an investment policy for textiles and a mission mode plan for supply augmentation.

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Finance leader Q&A: Be ready to patiently understand people you lead

Future CFO

Editor’s note: Wei Zheng (pictured), Finance Director, Hays Asia shed light on what matters when it comes to leadership, how you can progress to become a leader, and the biggest challenge facing finance leaders today. This interview is part of FutureCFO’s Female Leadership in Finance Series. FutureCFO: When did you start to become interested in finance?

Finance 52
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Mukesh Ambani's RIL in spotlight as world's biggest fund managers hunt for AI winners beyond the US

CFO News

Major investment firms worldwide are seeking the next generation of artificial intelligence (AI) leaders beyond the borders of the United States. Despite the significant rise in the valuation of Nvidia Corp. and a notable increase in a key American semiconductor index, propelled by global enthusiasm for AI, investors are now turning their attention to emerging markets for greater value and a wider array of investment opportunities.

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Phoenix ARC buys two stressed loans from IIFL

CFO News

It has offered 15% cash and 85% security receipts for the loans that include one project in Noida and another in Jogeshwari, Mumbai. Phoenix ARC was the only participant in the open auction, the source said.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

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When will RBI cut rates?

CFO News

Rbi Mpc Meeting: Experts see the central bank cutting rates from August or October but add that the rate cutting cycle will be shallow.

Banking 52
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India Inc heavyweights look to AI to drive innovation and efficiency

CFO News

CEOs, CXOs in India prioritize upskilling in GenAI for business transformation. Insead and upGrad witness surge in professionals seeking AI expertise. Companies like Tata Consumer and Raymond integrate AI for business innovation and customer interactions.

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Sebi proposes direct reporting of AIFs' PPM changes to streamline compliance cost

CFO News

At present, AIFs have to intimate any change in the terms of PPM through a merchant banker to Sebi, along with a due diligence certificate from them. It has to be done on a consolidated basis within one month of the end of each financial year.

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Restless investors, turnaround hopes await Wipro’s new CEO Srinivas Pallia

CFO News

Pallia is one of the rare candidates to rise up the ranks to the top within Wipro, which has seen several CEO changes in the last 15 years. Some quick to-dos as he takes charge, experts said, are to boost the morale of the employees of the country’s fourth largest IT services and consultancy firm and reverse senior level attrition.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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India is probably the third largest market for Citigroup's corporate banking business

CFO News

In the Indian corporate banking scene, Citigroup's global head of corporate banking Jason Rekate highlighted the prominence of companies in infrastructure, pharmaceuticals, and automobiles. Rekate mentioned that these companies are set to make intriguing investments as they focus on shedding non-core but high-quality assets, as reported in an interview with Bhaskar Dutta.

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Wipro CEO Thierry Delaporte quits, to be replaced by Americas chief Srini Pallia

CFO News

Srinivas Pallia, who was the CEO for the company's Americas 1 area, will take over as the new CEO and Managing Director from April 7, the company added.

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