Tue.Dec 26, 2023

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Wipro sues former CFO Jatin Dalal who joined rival Cognizant

CFO News

Wipro Sues Former Cfo: Former Wipro CFO Jatin Dalal joined Cognizant on December 1.

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#FA Success Ep 365: Scaling Expanded Advice Services To 100+ Team Members In A $5B AUM Enterprise, With Rob Nelson

Nerd's Eye View

Welcome everyone! Welcome to the 365th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Rob Nelson. Rob is the CEO and Founder of NorthRock Partners, an RIA based in Minneapolis, Minnesota, that oversees $5 billion in assets under management for 1,500 client households. What's unique about Rob, though, is how while many advisory firms increasingly talk about being more than 'just' their client's financial advisor and instead their entire 'personal CFO', Rob has b

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BharatPe registers 182% rise in revenue, EBITDA reduces by approx Rs 158 Cr

CFO News

India's FinTech major reports a 182% revenue growth in FY23, reaching INR 904 Crores. The company showcases a 129% surge in its merchant lending, totaling Rs 5,339 crore.

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The pros and cons of Vena software

Cube Software

What is Vena solutions? Vena solutions is comprehensive software designed for financial planning and analysis (FP&A). It's a platform that combines advanced financial forecasting, budgeting, and reporting capabilities with a familiar interface. At its core, Vena leverages the versatility and familiarity of Microsoft Excel interface while enhancing it with powerful features typical of more advanced FP&A software.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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We are expecting to build land banks in all auto regions: Sunil Bohra, UNO Minda

CFO News

Sunil Bohra says: “The PV seating business has overall a potential between Rs 8,000-10,000 crore in the country. As of now, what we are doing, this small mechanism has Rs 30-40 crore of revenue potential in next two years. But it puts us into that platform where we can make a big entry into the large segment. This definitely can become a huge revenue growth forward.

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India Inc sets up transformation offices to guide complex projects

CFO News

"For a large-scale transformation exercise, it's not just a technology question. There is an organisation question, there is an operations question and there is a business model question. A central office is needed to make sure all these aspects are coordinated and aligned and that the transformation is accelerated," said Parijat Ghosh, managing partner at Bain & Company's India offices.

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RBI's Das & Co with Arjuna's eyes had many arrows to tame India's wild inflation rate in 2023

CFO News

The year began with inflation at around 6.5 percent, which is higher than the Reserve Bank of India's (RBI) acceptable range of 2-6 percent. To tackle this issue, the RBI has taken significant steps to control rising inflationary pressures.

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Finance minister Nirmala Sitharaman likely to meet PSU bank chiefs this week

CFO News

Finance Minister Nirmala Sitharaman is set to meet with CEOs of state-run banks to assess their performance on government schemes and address issues like bad loan recovery. Recent discussions focused on monitoring key accounts and expediting insolvency cases. The government emphasizes achieving financial inclusion targets and extending credit outreach campaigns.

Finance 52
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India champions sustainable finance at COP28, advocates green credits

CFO News

As nations converged in Dubai from all over the world, India made its presence felt through the innovative ‘Green Credits Programme’ that Prime Minister Narendra Modi introduced during the Summit. Green Credits offer a fresh and simplified alternative to the conventional carbon market. Governments and companies can effortlessly offset their greenhouse gas (GHG) emissions with these credits, obtained from entities actively supporting the environmental objectives.

Finance 52
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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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PLI schemes have brought in Rs 95,000 cr investments: Centre

CFO News

The central government's production linked incentive (PLI) schemes has led to investments of over Rs 95,000 crore till September, resulting in the production of goods worth Rs 7.80 lakh crore, according to a Commerce Industry statement released on Tuesday.

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Startups write a $1.5-billion twist in winter’s tale

CFO News

Funding: December brings the highest monthly fundraise of 2023, though the annual total is the lowest in 7 years.

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Sebi may let AIFs pledge shares in investee firms

CFO News

Generally, if a special purpose vehicle (SPV) operating an infrastructure project seeks a loan, the bank will insist on promoters pledging shares in the SPV as security. If an AIF is the promoter or controlling shareholder of an SPV operating an infrastructure project, this would be difficult unless the fund can pledge the shares.

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Future of Finance Function: Compete, Endure, Prosper in the face of change

CFO News

In the era of constant change, organizations must embrace dynamic finance to thrive. Rajani Kesari, CFO at Nayara Energy, explores the transformative principles shaping finance, driving collaborative business integration, and propelling finance into a strategic driver of sustainable profitability.

Finance 52
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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