CFO Dive

NOVEMBER 26, 2023

CFOs facing more destructive weather and soaring insurance costs can take five steps to hold down premiums.

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CFO News

NOVEMBER 26, 2023

"Our objective is to get best in class digital initiatives for all our stakeholders, customers, intermediaries, marketing people and everybody through the project DIVE," LIC Chairman Siddhartha Mohanty said.

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Marketing 97

Barry Ritholtz

NOVEMBER 26, 2023

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Richest 1% account for more carbon emissions than poorest 66%, report says : ‘Polluter elite’ are plundering the planet to point of destruction, says Oxfam after comprehensive study of climate inequality. ( The Guardian ) • How Osama bin Laden’s ‘Letter to America’ reached millions online : Videos citing the document had been viewed far less than many TikTok posts.

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CFO Thought Leader

NOVEMBER 26, 2023

When Peter Benevides joined Olo back in 2015, the provider of restaurant technology’s CFO office was vacant—as it would remain for the next 4 years, until he ultimately got the position thanks to a nod from the firm’s CEO and perhaps a sprinkling of magic dust from Olo board members and investors. Of course, things may have gone very differently for Benevides, as they so frequently do for many senior finance hires who, like Benevides, join fast-growing firms while knowing full well t

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CFO Finance Leadership Accounting Firms 52

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

Future CFO

NOVEMBER 26, 2023

As technological advancements continue to dominate the business world, including the financial function, it is only fair that finance leaders must have a good grasp of the many principles surrounding technology. Among which are blockchain on-chain transactions. It is important that leaders in the financial function of an organisation understand the twists and turns in this technological advancement to be able to maximise its benefits and have it handy in the company's decision-making process ove

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Finance Technology Marketing CFO 52

Future CFO

NOVEMBER 26, 2023

There are five key M&A trends for 2024 while AI would reignite the global market, said WT W recently. Historic levels of inflation, rising interest rates and geopolitical instability contributed to a slump in deal activity that bottomed out in the second quarter of 2023, the insurance advisory and brokerage service firm observed. Since then more dealmakers have returned to the negotiation table, with global deal completions increasing by 16% during July to September, according to research fr

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Mergers and Acquisitions (M&A) Valuation Investments Marketing 52

CFO News

NOVEMBER 26, 2023

At present, the Hosur unit, constructed at an investment of Rs 5,000 crore, is spread across 500 acres and employs more than 15,000 people. With the expanded unit, which could take about 12-18 months to be completed, the Hosur unit is likely to employ 25,000-28,000 people in one place, another source said.

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Future CFO

NOVEMBER 26, 2023

Malaysia’s growth momentum is expected to be sustained this year by resilient domestic demand and stronger tourism recovery amid the global slowdown. This follows an exceptionally strong economic recovery last year. Inflation has moderated but remains elevated. The post Spotlight on Malaysia 2023: Strengthening economic resilience anchored by robust growth momentum appeared first on FutureCFO.

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Economics 52

CFO News

NOVEMBER 26, 2023

China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing services due to the low cost and speed offered by contract drugmakers there.

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Manufacturing Pharmaceutical 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

NOVEMBER 26, 2023

George Kovoor, senior vice-president and general manager, beverages at PepsiCo, has been in the current role since January 2022. He has had a three-decade long association with the maker of Pepsi and Mountain Dew fizzy drinks, Tropicana juices, Lays snacks and Doritos tortilla chips, in various leadership operating roles in Asia-Pacific, China and New York.

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Leadership 52

CFO News

NOVEMBER 26, 2023

Indian smartphone brand Lava plans to invest over ₹500 crore in research and development and marketing over the next two years. With a focus on '5G-fying' budget smartphones, the company aims for 100% year-on-year growth. Lava, which saw its revenue triple since its 2020 relaunch, intends to compete with Chinese rivals by enhancing R&D capabilities and brand presence, targeting a 100% growth rate for the next 3-4 years.

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CFO News

NOVEMBER 26, 2023

Core inflation eased to 4.3% in October, according to official data. "Core inflation internals remain favourable with decline led by services inflation that is typically less volatile. But the scope for a meaningful and sustained fall in core may be limited unless growth softens materially," said Abhishek Upadhyay, senior vice president and economist, ICICI Securities PD.

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Securities 52

CFO News

NOVEMBER 26, 2023

Sebi's notice reportedly served a couple of months ago, alleges a lack of segregation between the mutual fund and portfolio management service activities, questionable inter-scheme transfer of securities compromising investor interests, and the transfer of certain securities to offshore funds ahead of potential downgrades, two sources aware of the development said.

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Securities 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

CFO News

NOVEMBER 26, 2023

Sebi had proposed to allow companies to delist by coming out with a fixed price for the repurchase of shares, instead of the existing reverse book-building mechanism where they decide on the price based on the sell orders submitted by shareholders.

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CFO News

NOVEMBER 26, 2023

As many as 110 managing directors or chief executives who were also on the boards of NSE-listed companies quit in the first 10 months of 2023, as per data compiled for ET by primeinfobase.com.

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CFO News

NOVEMBER 26, 2023

Lenders want the regulator to tweak the age-old rule. "We have told the Reserve Bank of India (RBI) to modify the regulation so bank boards are not involved in proposals on renewal of loans when there is a 'related party' issue," a senior banker told ET.

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Banking 52

CFO News

NOVEMBER 26, 2023

In India, Gen AI could be deployed to handle around 30% or more of the time spent on tasks involved in the working week of some white-collar roles. In comparison, in many cases, less than 1% of a blue-collar worker's job in a working week could be done by GenAI, the report says.

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Reconciliations

CFO News

NOVEMBER 26, 2023

The biscuit maker posted net sales of Rs 17,223 crore while profit more-than-trebled to Rs 905 crore in the year ended March. A year ago, it had sales of Rs 16,490 crore and profit of Rs 255 crore, according to the company's latest filing to the Registrar of Companies. In FY22, the 90-year-old company crossed $2 billion in annual revenues, becoming the first packaged food company in India to breach the mark with the eponymous glucose biscuit brand breaching the billion-dollar sales mark.

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Sales 52