Fri.Jun 28, 2024

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How SAP Cloud Integrations Drive Smarter Decisions

Navigator SAP

The BTP Integration Suite comes with pre-built integrations managed and updated by SAP for commonly needed cloud applications.

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Commercial property vacancy rate to peak in 2026 at 24%: Moody’s

CFO Dive

“The preference of many employees to work from home cannot be overlooked,” Moody’s economists said.

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Trending Sources

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Sebi for mandatory disclosure of risk-adjusted return by MFs

CFO News

" it is felt that the risk adjusted return (RAR) of a scheme portfolio represents a more holistic measure of the scheme's performance because it quantifies the amount of return generated by a mutual fund scheme for each unit of risk taken to achieve that return," Sebi said in a discussion paper.

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Enterprise cloud storage spend to double by 2028 as AI ramps up

CFO Dive

AWS dominated the segment with a 30% share of the nearly $60 billion market last year, according to Omdia’s analysis.

Marketing 130
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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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Weekend Reading For Financial Planners (June 29-30)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent study found that at a time when the number of SEC-registered broker-dealers and their registered representatives is declining, the number of SEC-registered RIAs, their assets under management, and the number of clients they serve all grew in 2023, reflecting the attractiveness of the RIA model to both advisors and clients alike and the ability for firms acro

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The Key to Achieving Accurate 3-Year and 5-Year Forecasts

Lime Light

Financial forecasting software is making it so that the CFOs of today can accurately project out the financial realities of tomorrow (and tomorrow’s tomorrow). Taking advantage of the best financial forecasting software in today’s market is critical to establishing a strong, data-backed financial future for your organization.

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Hyundai Motor, labour union agree to hire 1,100 new plant workers by 2026

CFO News

Hyundai Motor and its labour union on Friday reached an agreement to hire 1,100 new manufacturing workers by 2026.

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The Key to Achieving Accurate 3-Year and 5-Year Forecasts

Lime Light

Financial forecasting software is making it so that the CFOs of today can accurately project out the financial realities of tomorrow (and tomorrow’s tomorrow). Taking advantage of the best financial forecasting software in today’s market is critical to establishing a strong, data-backed financial future for your organization.

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Centre okays Rs 700 crore to set up institutes of pharma, medical technology

CFO News

The Central government has earmarked Rs 700 crore to set up centres of excellence at the National Institutes of Pharmaceutical, Education & Research (NIPER) over the next five years to boost pharma and medical technology in the country.

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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's GDP growth to slow modestly this fiscal year and next: Reuters poll

CFO News

The forecasts are broadly unchanged from those made before the outcome of an election Prime Minister Narendra Modi was widely expected to win easily. Instead, the BJP lost its sizeable parliamentary majority for its historic third term.

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Man arrested in Rs 10,000 cr GST fraud case after nine months on the run

CFO News

A 31-year-old man, Babar Khan, evading police for nine months, was arrested in connection with a Rs 10,000-crore GST fraud across India. Khan allegedly set up fake firms using stolen or forged ID cards to fraudulently claim input tax credit. Noida police initially busted the gang last year, which operated by registering thousands of companies under false identities to generate e-way bills and claim government benefits.

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High taxes, selective bans drive 30% growth in illegal online gambling in India, says study

CFO News

The illegal betting market, already thriving in India, is expected to grow by 30% in the coming years, as per a new study. Inadequate legal frameworks, selective banning, and high taxation on legitimate online gaming platforms seem to be key factors contributing to this trend.

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Financial sector strong but RBI watchful of emerging risks, says RBI Governor Das

CFO News

RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.

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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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76% of companies improved their cyber defenses to qualify for cyber insurance, Sophos Survey finds

CFO News

Sophos' report on Cyber Insurance and Cyber Defenses underscores the importance of comprehensive defense strategies beyond insurance coverage, with global insights and sector-specific data to guide effective risk mitigation.

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Banks told to stay vigilant amid intel on cyberattack threat

CFO News

Apart from continuously checking network activities and server logs to detect malicious intrusions, banks will have to monitor critical payment systems such as SWIFT (the messaging system to confirm cross-border fund transfers), card network (which facilitates card payments), the online local fund transfer frameworks RTGS, NEFT and UPI, the real-time payment system.

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ITC packs a punch, beats Britannia in foods business

CFO News

ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports.

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HSBC taps metaverse to win business from India’s rich diaspora

CFO News

HSBC expands offerings for India's affluent diaspora through a virtual bank in GIFT City, leveraging the metaverse. The bank aims to capture a share of the $112.5 billion remittances to India from non-residents. With the hiring of a UBS executive, HSBC eyes the potential $5.5 trillion wealth management industry in India by 2025.

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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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India set for more global attention as bond inclusion begins

CFO News

India's government bonds enter JPMorgan's index, attracting billions in inflows, driven by positive economic indicators, high yields, and market performance, positioning India as a top choice for global investors.

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Stanley Lifestyles to double business in next four years; expand in major metros: CMD

CFO News

Stanley Lifestyles, a luxury furniture maker, focuses on major metros and aims to double business by localizing raw material production through European joint ventures, reducing import dependency.

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Healthcare sector demands incentives and increased allocations in upcoming Budget

CFO News

"Prime Minister wanted 3,000 hospitals in the tier 3 towns with 100 bed which has not happened. So, we want government should incentivise private sector in terms of cheaper electricity, cheaper land, affordable loan and single window clearences so that these hospitals can be set up," Association of Healthcare Providers of India (AHPI) DG Girdhar Gyani said.

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Sebi plans to cut red tape for global funds buying its bonds

CFO News

Sebi is keen to eliminate many of its information requirements — such as disclosure of investor group and beneficial ownership — as these serve to regulate equity and corporate debt investors. Information required by the RBI and revenue departments would remain unchanged.

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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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Financial sector strong but RBI watchful of emerging risks, says RBI Governor Das

CFO News

RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.

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Adani Defence & Aerospace signs pact with Thales to manufacture 70mm rockets in India

CFO News

The pact aims to establish a global platform leveraging the defence and aerospace capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers.

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Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO

CFO News

LUFTHANSA-DELIVERIES/Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO

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Anand Mahindra dismisses AI as the “death” of IT services: “I believe that the rumours…”

CFO News

Tech Mahindra's strategic vision, driven by AI integration and efficient execution under new leadership, positions the company for industry leadership and growth in the evolving digital landscape.

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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.