Nerd's Eye View

DECEMBER 28, 2023

Throughout history, there has been an age-old question of the difference between an investment and an expense. Society often views expenses as a permanent fixture in life, suggesting that there is no path away from their burden. But what if there was an alternative path? What if there was a way to shift our financial mindset about expenses from one of endless sunk costs to one of intentional investment?

Investments 78

Investments Education Communication Finance 78

CFO News

DECEMBER 28, 2023

"Inexpensive sensorisation and the power of artificial intelligence are opening up new ways to drive extreme levels of efficiency, ensure real-time decision-making, and rapidly deploy transformative business models.

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CFO News

DECEMBER 28, 2023

The Indian government aims to boost domestic manufacturing and increase exports to USD 500 billion by 2030 from 10-11 sectors, including automobiles, pharma, textiles, medical devices, and chemicals. The Commerce and Industry Ministry held a meeting to discuss these issues, which were discussed during the Chintan Shivir for Manufacturing. The 11 sectors include auto components, automobiles, capital goods, chemicals, drones, medical devices, aerospace and defense, leather and footwear, textiles,

Manufacturing 52

Manufacturing 52

CFO News

DECEMBER 28, 2023

The step will help SME sectors take advantage of government schemes, further pushing e-commerce exports and boosting overall export growth from the country to achieve the target of USD 1 trillion merchandise exports by 2030.

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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

Investments

CFO News

DECEMBER 28, 2023

Hindustan Zinc intends to file appeal before the Appellate Authority within the time limit prescribed for both these demands. “The company is hopeful of a favourable outcome thereof and does not expect the said order to have any material financial impact on the company,” it said. Earlier this month, the company had also got a 13.47-crore rupee demand order from the Additional Commissioner, Central Goods Services Tax and Central Excise Commissionerate, Udaipur for disallowance of Input Tax Credit

Accounting 52

Accounting 52

CFO News

DECEMBER 28, 2023

AMRG & Associates Senior Partner Rajat Mohan said the extension pertains to issuance of orders for the recovery of tax liabilities, whether due to non-payment, underpayment, or erroneous claim of input tax credit, for the financial years 2018-19 and 2019-20.

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CFO News

DECEMBER 28, 2023

In FY23, Amazon Seller Services, the marketplace arm of Amazon, recorded 29% growth in ad revenue at Rs 5,380 crore, according to the RoC filings sourced from business intelligence platform Tofler. For Flipkart Internet, the marketplace arm of Flipkart, revenue from this segment rose 60% to Rs 3,325 crore.

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CFO News

DECEMBER 28, 2023

​Interim budget: While the numbers are being worked out, the Centre may peg its FY25 fiscal deficit at the current fiscal level (budgeted at ₹17.87 lakh crore) or even reduce it, said one of the persons cited. This would lead to a meaningful cut in the fiscal deficit relative to nominal GDP that's expected to expand at a double-digit pace in FY25, one of the officials told ET.

Budgeting 52

Budgeting Numbers 52

CFO News

DECEMBER 28, 2023

Speaking at an SBI-organized economic conclave, Nageswaran expressed optimism, suggesting that a cooling off of economic activity would precede a decline in global interest rates. He emphasized that potential spikes in oil prices in 2024 would likely be countered by a decrease in economic activities.

Economics 52

Economics 52

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.

Accounting

CFO News

DECEMBER 28, 2023

Mukesh Ambani, the chairman and managing director of Reliance Industries Ltd, has stated that the company will not become complacent and will strive to become one of the top 10 business conglomerates globally. He emphasized the need for continuous innovation and reinvention, aiming to consolidate a place among global leaders in digital data platforms and artificial intelligence adoption.

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CFO News

DECEMBER 28, 2023

Two British banks, a Swiss lender, and an Emirates institution severed ties with over two dozen Indians in the last two months. These individuals had initially opened accounts under the RBI's Liberalised Remittance Scheme (LRS), allowing up to $250,000 annual investment.

Accounting 52

Accounting Banking Investments 52

CFO News

DECEMBER 28, 2023

Reliance Industries, led by Mukesh Ambani, continued to diversify its business operations and consolidate its presence in various sectors. The conglomerate made significant moves in the broadcast, retail, and 5G sectors, aiming to become a prominent player across industries.

Retail 52

Retail Planning Leadership 52

CFO News

DECEMBER 28, 2023

Going beyond infrastructural issues, India’s logistics sector has a lot to grapple with. One easy solution could be digital integration.

Technology 52

Technology 52

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting