Wed.Apr 03, 2024

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Powell calls recent inflation, job data high but not game changers for Fed

CFO Dive

The central bank must balance the risks of easing monetary policy too early or too late, Powell said.

Banking 293
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India's services sector peaks at 13-year high in March driven by strong demand

CFO News

In a recent report by S&P Global, findings revealed that the seasonally adjusted HSBC India Services Business Activity Index indicated a remarkable surge, marking one of the strongest growth rates witnessed in over 13-and-a-half years. This upturn has been predominantly attributed to robust demand conditions, enhanced efficiency gains, and positive sales developments.

Sales 105
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Trending Sources

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Commercial Chapter 11s jump 43% even as distress outlook eases

CFO Dive

Bankruptcy filings have risen for 20 months. The pace wasn’t sustainable in today's strong economy, American Bankruptcy Institute’s Chris Ward says.

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1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

With a plethora of interdependent and ever-changing parts, gaining a clear (or even not-terribly-fuzzy) understanding of where the economy stands at any given moment is a daunting task, to say the least. Even more difficult is using data based on samples and surveys (and subject to constant revision!) to develop some idea about which of the myriad possible outcomes might be more likely to occur.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Intel appoints new CFO to troubled chipmaking unit

CFO Dive

The appointment follows a $7 billion operating loss for Intel’s foundry unit as AI’s potential pushes up both interest and pricing in the semiconductor space.

CFO 284

More Trending

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Global M&A rises above ongoing headwinds

CFO Dive

The findings show “some light at the end of the tunnel” after a challenging year for M&A globally in 2023, according to Willis Towers Watson’s David Dean.

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Re-evaluating the case for sustainable investing

Future CFO

It has been a tumultuous period for sustainable investments in recent years, with reduced global flows into these types of products, regulatory uncertainty and, in some regions, even political headwinds. With these at hand, it is important that investors and finance leaders know how to properly respond. David Atkin , CEO of the Principles for Responsible Investment explore existential questions to the sustainability landscape , and more.

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Foxconn’s Bharat FIH looks beyond Xiaomi to offset slump

CFO News

Confirming the diversification strategy, Bharat FIH said it was leveraging on its success in smartphones to make strides in newer segments such as EVs. The company declined to disclose the Sriperumbudur plant's operating capacity, which it said was a factor of customer demand, planning and prevalent market conditions. However, the company was quick to add that it has "exceptional capability" to expand capacity as per customer needs.

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What to Look for in an Outsourced Bookkeeper

CFO Share

For many small business owners, bookkeeping is a necessary evil. It’s complex, time-consuming, and, when done incorrectly, can have significant repercussions. If you are currently handling your books and feeling overwhelmed, or if you’ve had a bad experience with a bookkeeper who wasn’t up to par, the thought of searching for a reliable bookkeeping partner can feel both daunting and frustrating.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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India Inc may see average pay hike of 9% in 2024: AmbitionBox survey

CFO News

AmbitionBox's survey reveals Indian employers' 9% pay increment expectation in 2024. Despite economic concerns, employees show optimism, with some expecting significant hikes. The study emphasizes the importance of managing expectations and offering holistic benefits beyond salaries.

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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 02/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 02/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 02/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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Exclusive: Lenskart, Purplle, Healthkart may raise fresh funds as big-ticket startup deals gain momentum

CFO News

Big-ticket investments on horizon for companies that have emerged stronger after Covid. Indian startup sector witnesses a resurgence in big-ticket deals of $100 million or more. Firms like Lenskart and Purplle are in talks for significant investments, while companies like HealthKart and Rapido negotiate fresh funding rounds.

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Adaptive alternatives: a comparative guide for FP&A & finance leaders

Cube Software

Understanding Adaptive: strengths and limitations Adaptive is a prominent cloud-based platform for budgeting, forecasting, and reporting for businesses of all sizes. Its main selling points include facilitating collaboration, enhancing efficiency, and providing deep insights, making it a popular choice for many organizations.

Finance 52
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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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FCF at Energy Tech Summit, on April 10-11, 2024 in Bilbao

Fox Corporate Finance

On April 10th and 11th, 2024, the Energy Tech Summit 2024 will take place in Bilbao. The Energy Tech Summit is the premier event in Europe for climate tech, standing out for its focus on accelerating the. Read more The post FCF at Energy Tech Summit, on April 10-11, 2024 in Bilbao appeared first on FCF Fox Corporate Finance GmbH.

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Getting viksit needs a proper 360° plan

CFO News

Ensuring that plans for 2025-35 leave no one behind will require getting the best and widest possible inputs. As ministries factor these in to draw up their plans, they will need to undertake impact assessments of different pathways to become viksit by 2047. This is essential to identify the best possible pathways to achieve the target.

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Oaktree invests Rs 1,600 crore in Sesa's bonds

CFO News

The funds are raised by mortgaging fixed and movable assets of Vedanta and Sesa Resources. The company has also pledged its entire shares as security against loans.

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Chennai lakes contaminated with 'Forever Chemicals' linked to cancer and liver damage

CFO News

Chennai lakes show alarming PFAS levels 19,400 times higher than EPA safety limits. Contamination extends to Adyar, Buckingham Canal. Urgent intervention needed to address hazardous 'forever chemicals' in water sources.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Mahindra Manulife Mutual Fund files draft document for Build India Fund

CFO News

The investment objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies engaged in manufacturing and infrastructure themes.

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HDFC MF announces discontinuation of lumpsum subscription, restrictions on Systematic Transactions in NIFTY Realty Index Fund

CFO News

HDFC MF announced that fresh lumpsum investments (including additional purchases and switch-ins) will be discontinued. The fresh systematic transactions registrations such as SIPs (including SIP Top up), STPs (into the scheme) etc. shall be registered only under monthly frequency for an amount of up to Rs 1 lakh per investor.

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ET Exclusive: RIL, Tata Motors and IOC to be key bidders for pilot GH2 project

CFO News

The bid for the Rs 496-crore project which opened in February, closes on Thursday. It is part of the National Green Hydrogen Mission which was launched in January 2023 with an outlay of Rs 19,744 crore. One of the key criteria from the bidders is participation as a consortium or partners to ensure the entire value chain - from making hydrogen and dispensing it and running vehicles fuelled by hydrogen.

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Hunt for Disney CEO Bob Iger's successor kicks into high gear

CFO News

Disney delays CEO successor decision, focusing on internal and external candidates like Dana Walden, Josh D'Amaro, and Jimmy Pitaro. Past failures in grooming heir apparent highlighted, as company navigates through a critical leadership transition period.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Meet India's richest women: Savitri Jindal tops Forbes' list with $35.5 billion net worth

CFO News

Savitri Jindal's rise to being one of India's richest women reflects a broader trend of women's empowerment in the country's business landscape. As the matriarch of the Jindal Group, she took over the conglomerate after her husband's passing and led it to remarkable success. Alongside her, other women like Rekha Jhunjhunwala, Vinod Rai Gupta, Renuka Jagtiani, and Smita Crishna-Godrej are making significant strides in business, reshaping the narrative of success in India.

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Forbes Richest List 2024: Here are the top 10 richest persons in India

CFO News

Forbes' latest '2024 Billionaires List' sees Mukesh Ambani topping as Asia and India's richest individual, with a wealth surge to $116 billion. The roster includes 200 Indian billionaires, up from 169 last year, amassing a combined $954 billion, a 41 percent increase. Gautam Adani follows Ambani, with a net worth of $84 billion. Savitri Jindal remains India's wealthiest woman, with $33.5 billion.

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US Fed official now sees just one rate cut at end of 2024

CFO News

Atlanta Fed President Raphael Bostic suggested that the US economy's current strength warrants only one interest rate cut this year, likely in the final quarter. This contrasts with the three cuts predicted by Fed officials in March. Bostic cited inflation's unpredictable trajectory and the economy's resilience as reasons for his revised outlook.

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Indirect tax collection for FY24 exceeds RE by handsome margin: CBIC chief

CFO News

FY24 indirect tax collection exceeded Revised Estimates with record GST collection. CBIC chairman praised tax officials for professionalism, highlighting excise duty, customs, and revised direct tax target.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.