Sat.Nov 23, 2024

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Adani CFO says US indictment linked to one Adani Green contract

CFO News

Adani Group CFO Jugeshinder Robbie Singh addressed a U.S. bribery indictment, clarifying its connection to a single contract under Adani Green Energy, representing about 10% of their business. Singh emphasized that the allegations, stemming from a February 2024 risk disclosure, are unproven and don't involve other Adani entities.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • 100 Most Powerful People in Business : Leaders from 40 industries, ranging in age from their 30s to their 90s. You’ll come across very recognizable founders, chief executives of great businesses, disrupters, and innovators.

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AI revolution drives surge in gold demand for smartphones, autonomous vehicles, and data centres: WGC

CFO News

Gold demand in the electronics sector peaked in 2010 at 328 tons but gradually declined to 249 tons by 2023. Recent quarters, however, have shown a modest recovery, driven in part by the expansion of AI-enabled devices.

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North Chennai's Tidel Park to boost IT growth, generate 6,000 jobs

CFO News

​The new Tidel Park in North Chennai is set to transform the region into a "thriving information technology hub," according to real estate consultant Knight Frank India. Strategically located with robust infrastructure, the facility will spur economic growth and job creation, said Srinivas Anikipatti, Knight Frank India's executive director for Tamil Nadu and Kerala.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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India may roll out scheme worth billions of dollars to boost local electronics production

CFO News

Buoyed by robust local manufacturing of electronics products, especially mobile phones, the government is reportedly planning to soon roll out incentives worth billions of dollars for domestic companies to manufacture deeper components.