Sun.May 19, 2024

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Not just auditors, Promoters and KMPs too need to be held responsible for frauds: Amarjit Chopra

CFO News

Amarjit Chopra, former President of ICAI, emphasizes the critical need for accountability beyond auditors in corporate frauds. In an insightful interview with ETCFO, Chopra discusses the roles of promoters, CFOs, and directors, urging comprehensive reforms for enhanced corporate governance.

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This week’s 10-year TIPS reopening auction looks attractive

Tips Watch

By David Enna, Tipswatch.com Real yields have had a bumpy ride over the last several weeks, but as things settle down, it looks like this week’s reopening auction of a 10-year Treasury Inflation-Protected Security could be a promising investment.

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Trending Sources

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Global fund managers most bullish on equities in three years, 18% overweight on India: BofA survey

CFO News

Cash levels among global fund managers have dropped to a three-year low of 4%, with allocations to stocks reaching the highest level since January 2022.

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ASEAN finance teams face visibility challenges, prioritise T&E cost control

Future CFO

In the face of economic headwinds, finance teams are under immense pressure to optimise every dollar spent. Travel and expense management (T&E) sits squarely in the crosshairs as companies grapple with balancing essential business travel against tight budgets. SAP Concur has partnered with FutureCFO to understand the challenges and opportunities finance teams face as they navigate the complexities of travel and expense management post-pandemic.

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

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PE/VC firms queue up for investments in mid-sized consumer companies

CFO News

PE/VC Firms: These investments signal a potential shift in the competitive landscape, with these mid-sized brands poised to challenge larger players.

More Trending

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KKR in talks to buy into healthcare BPO company Infinx

CFO News

Launched in 2012 as Tandon Information Solutions, Infinx is also into medical transcription, eligibility and benefit verification, complete medical billing, medical coding (across specialty) and comprehensive account receivable management services.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • How the ‘Harvard of Trading’ Ruined Thousands of Young People’s Lives : IM Academy promises a Wall Street education. But instead of riches, many of its members have lost everything. ( Businessweek ) • New Florida Law Roils Its Condo Market Three Years After Surfside Collapse : More units are being dumped on the market because of six-figure special assessments tied to repairs for older buildings. ( Wall St

Education 104
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Tata Motors group hikes investment outlay to INR 43,000 cr for FY25

CFO News

Tata Motors group has increased its investment outlay for FY25 to INR 43,000 crore, with a significant portion allocated to its British arm, Jaguar Land Rover (JLR). In FY24, the company had initially planned for a 3 billion pound investment for JLR and INR 8,000 crore for Tata Motors, totaling about INR 38,000 crore. However, the actual investment in FY24 exceeded expectations, reaching around INR 41,200 crore.

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Nikhil Kamath, Manyavar family office may join A91 in Rare Rabbit’s Rs 500 crore funding

CFO News

Bootstrapped till now, Rare Rabbit clocked revenue of over Rs 600 crore in fiscal 2024, with an operating profit of more than Rs 100 crore, as per sources in the know.

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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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Over $239 mn raised by 26 Indian startups in funding last week

CFO News

More than $239 million was raised by 26 Indian startups in funding last week, which includes nine growth-stage deals and 15 early-stage deals.

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ITC's Sanjiv Puri takes over as CII president

CFO News

Puri heads ITC Ltd, a conglomerate with businesses in FMCG, hotels, paperboards & packaging, agribusiness and IT. He is also the chairman of ITC Infotech India Ltd, its subsidiaries in the UK and US and Surya Nepal Private Ltd.

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Hindujas' acquisition of Reliance Capital hits financing hurdle

CFO News

"IndusInd International Holdings (IIHL) is trying to reduce the cost by nearly one percentage point and is seeking a cheaper loan through ongoing discussions with the lenders," one of the sources said. "The loan arrangement must be finalised before May 27, as IndusInd International Holdings needs to close the Reliance Capital deal by then," the person added.

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