Thu.Sep 26, 2024

article thumbnail

7 Steps to Prepare for an IPO

CFO Leadership

Here’s how we see it: CFOs can build the operating foundation needed for an IPO now, then go public when the time is right for their business. Maybe that time is coming soon for you, since the initial public offering (IPO) market in the US is showing signs of waking up. There were 30% more IPOs in the first half of 2024 compared to the first half of 2023, according to EY’s 2024 IPO Market Trends report.

Finance 52
article thumbnail

GDP growth exceeds forecasts as Fed governor warns of excessive easing

CFO Dive

Federal Reserve Governor Michelle Bowman was the sole policymaker to oppose a decision to cut the main interest rate by a half percentage point.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Death of a young CA

CFO News

​If you read any research reports on India's growth story, they keep saying that the country’s best bet is its working-age population. But if one scrolls through the kind of stories people are speaking of, you’d wonder if we are indeed creating a conducive place for people to work.

69
article thumbnail

Ex-Guess Inc CFO takes top financial seat for retailer Puma

CFO Dive

Guess alum Markus Neubrand will replace 19-year Puma veteran Hubert Hinterseher as CFO next month as the retailer continues efforts to improve its brand desirability.

CFO 199
article thumbnail

If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

article thumbnail

Deloitte: CFOs as pivotal leaders in sustainability in APAC

Future CFO

Chief financial officers are emerging as pivotal leaders in sustainability across the Asia-Pacific region, according to a new report by Deloitte. According to the Asia Pacific Mandatory Sustainability Reporting , which highlights the critical role of CFOs in navigating complex and evolving sustainability reporting requirements, ensuring assurance-ready sustainability reporting, and driving business value through effective sustainability practices, 60% of organisations cannot forecast the number

CFO 52

More Trending

article thumbnail

The Mentoring Round | Regi Vengalil, CFO, Trax Retail

CFO Thought Leader

Inside The Mentoring Round , CFO Regi Vengalil reflects on his early days as a CFO, sharing the challenges of overcoming imposter syndrome and learning to trust his own voice. He advises his younger self to have confidence in his insights and not hesitate to share strong perspectives. Vengalil highlights a pivotal moment in his career at Expedia’s corporate travel business, where he realized the importance of factoring in working capital utilization to assess client profitability.

CFO 52
article thumbnail

No, not all companies are abandoning diversity, equity and inclusion. Here’s why.

CFO Dive

Amid a high-profile backlash, many businesses are scrutinizing their policies. But the vast majority end up sticking with DEI, in part because it’s key to growth.

130
130
article thumbnail

Analysing the Regulatory Environment for Businesses 

CFO Talks

Analysing the Regulatory Environment for Businesses Navigating the regulatory environment in South Africa can be challenging, particularly for CFOs who are responsible for ensuring their companies remain compliant while pursuing strategic growth. This article provides a practical guide to understanding the key regulatory requirements and the role CFOs can play in effectively managing these challenges.

IFRS 52
article thumbnail

Tokyo Electron prepares India expansion as Modi lures chipmakers

CFO News

Tokyo Electron Ltd. plans to hire and train chip engineers in India by 2026, aligning with the Modi government's push for semiconductor manufacturing. The company will support Tata Electronics and expects global chip demand to double by 2030. Tokyo Electron aims to expand its market share amid US-China trade tensions.

article thumbnail

Business Travel Expense Strategies for Everybody

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

article thumbnail

Nobody Knows Anything, The Beatles edition

Barry Ritholtz

In celebration of Abbey Road being released 55 years ago today (September 26, 1969), here is a short, Beatles-related excerpt from my upcoming book: “ How Not To Invest: The ideas, numbers, and behaviors that destroy wealth – and how to avoid them.” The book is being published ~March 18, 2025, and is available for pre-ording today.

article thumbnail

Financial restructuring, govt initiatives to push mfg helping India Inc sail through rough seas

CFO News

India, poised to become the world's third-largest economy by decade's end, is on a high-growth trajectory. Despite challenges like high funding costs and sluggish demand recovery, sectors such as consumer products, ecommerce, healthcare, and technology show immense growth potential. Government initiatives and improved corporate governance are boosting investor confidence.

article thumbnail

India jumps 42 spots in 9 years, ranks 39th in Global Innovation Index 2024

CFO News

India has climbed 42 positions in the Global Innovation Index over the past nine years, now ranking first among lower-middle-income economies and 39th globally. This improvement is attributed to Prime Minister Narendra Modi's leadership and the country's focus on fostering innovation. Major cities like Mumbai, Delhi, Bengaluru, and Chennai are among the world's top 100 S&T clusters.

article thumbnail

Sebi likely to introduce MF-Lite regulations for passive funds: Madhabi Puri Buch

CFO News

“We had a very detailed consultation on that and if as a part of that you feel that there needs to be relaxation in terms of how to do distribution of those kind of passive funds. We are open to any kind of suggestions so that we can facilitate growth of these funds across the country,” Buch said at an industry event.

40
article thumbnail

4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

article thumbnail

IBBI tweaks norms to speed up insolvency resolution in housing

CFO News

The IBBI has introduced amendments to the Insolvency Resolution Process for Corporate Persons, effective from September 24. These changes include appointing an interim representative for large creditor groups, like homebuyers, to ensure their effective representation during insolvency proceedings. This aims to enhance efficiency and fairness in the insolvency process.

40
article thumbnail

Govt retains borrowing target, to raise Rs 6.61 lakh crore in H2 to fund revenue gap

CFO News

Weekly borrowing through issuance of Treasury Bills in the third quarter of 2024-25 is expected to be Rs 19,000 crore for 13 weeks with issuance of Rs 7,000 crore under 91 dated treasury bills (DTBs), Rs 6,000 crore under 182 DTBs and Rs 6,000 crore under 364 DTBs.

article thumbnail

Sudden impact: Big 4 audit firms set new terms of engagement after EY worker's death

CFO News

The tragic death of a young chartered accountant at SR Batliboi & Co has led the Big Four firms to implement employee-friendly measures focusing on mental health and work-life balance. These firms are promoting well-being programs, issuing advisories, and seeking feedback to address workplace stress and improve conditions for their staff.

article thumbnail

Swiggy refiles IPO papers for Rs 3,750 crore fresh issue

CFO News

The size of the IPO is estimated to be around $1.25 billion, but this could increase before the launch, according to bankers. Swiggy's revenue grew by 33% to Rs 11,634 crore in FY24, with net losses decreasing significantly from Rs 4,179 crore in FY23 to Rs 2,350 crore. The company's Q1 FY25 performance also showed promise with revenue at Rs 3,310 crore, despite a net loss of Rs 611 crore.

40
article thumbnail

The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

article thumbnail

Hope to see Indian corporates in Top 20 R&D investors, none there yet: Vice President Jagdeep Dhankhar

CFO News

Vice President Jagdeep Dhankhar said that India’s economic rise is like a plateau, affecting the world, appreciates the rise from 'fragile five' to 'top five' but at the same time reflected concerns on Corporate India’s focus on Research & Development.

article thumbnail

Ujjivan SFB CFO Ramesh Murthy retires

CFO News

​​Originally scheduled to superannuate on November 24, 2024, Ramesh Murthy has requested to be relieved from his duties earlier, on October 7, 2024 citing personal reasons.

CFO 40