Wed.Mar 20, 2024

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Fed forecasts three, quarter-point rate cuts in 2024, holds main rate steady

CFO Dive

Central bank officials upgraded their projection for 2024 growth to 2.1% while predicting unemployment will end the year at 4%.

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Why are India's FDI inflows slowing down?

CFO News

Foreign Direct Investment (FDI) in India has witnessed a significant downturn, declining by 38.4% year-on-year to $15.41 billion in the first ten months of the current financial year.

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Trending Sources

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Boeing to spend $4B plus to fix safety, supply chain woes: CFO

CFO Dive

The aerospace company’s finance chief on Wednesday detailed some of the financial implications of the safety issues that have have recently plagued the company.

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Sustaining transformative leadership to drive growth and value

Future CFO

The future starts today, not tomorrow. The future is now. With the future of finance circling the management across functions, the formation of the right concoction of capabilities, and the establishment of a strong data foundation, it is expected that finance leaders look into strategies to not only succeed but also sustain transformative leadership.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Ex-Zillow, Amazon alum takes Varo CFO seat

CFO Dive

The fintech will tap the Zillow and GE veteran’s financial acumen as it looks to return its path to profitability following a rocky 2023.

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More Trending

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New Recurring Revenue Solutions in the Global Semiconductor Industry

Bramasol

In recent years, the semiconductor industry has experienced a roller coaster ride of widely swinging changes in both challenges and opportunities. During the pandemic, the mass movement to work-from-home scenarios and heavy reliance on networked applications drove demand up at the same time that global supply chains were severely disrupted. Then, in the past two years, the meteoric rise of artificial intelligence with generative-AI applications popping up seemingly everywhere has been driving an

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Sigma Broking extends partnership with ION to allow customers to route orders to the LME

Reval

London – 20 March 2024: ION, a global leader in trading, analytics, treasury, and. The post Sigma Broking extends partnership with ION to allow customers to route orders to the LME appeared first on ION.

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At the Money: Benefits of Quantitative Investing

Barry Ritholtz

At the Money: Benefits of Quantitative Investing (March 20, 2024) Throughout history, investing has been a lot more “Art” than “Science.” But today, data is widely available and it’s a key tool you can use to enhance your portfolio returns. Full transcript below. ~~~ About this week’s guest: Jim O’Shaughnessy, former chairman and founder of O’Shaughnessy Asset Management (now part of Franklin Templeton) and author of the New York Times bestselling book, “What Works on Wall Stre

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How our Equipment Finance team is giving back to the community each quarter

Bank of the West

As a Purpose-driven organization, our teams show their dedication to Boldly Grow the Good in business and life daily through their commitment to our clients and the communities in which we work and… Read more The post How our Equipment Finance team is giving back to the community each quarter appeared first on About BMO.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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HDFC bonds can't retain infra tag after merger: RBI

CFO News

"The RBI has communicated to HDFC Bank that there is a technical hurdle in giving the infrastructure tag to bonds issued by the former HDFC Ltd because those were issued by an NBFC (non-banking finance company) and norms for treatment of bonds are different for banks and NBFCs," a person close to the development told ET.

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From Controller to CFO: What Changes?

CFO Talks

From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. It’s like going from keeping score to calling the plays. Let’s make it simple to understand what you should and shouldn’t be doing in your new role, especially if you’re used to doing everything yourself. What’s Different? Both the CFO and Controller deal with the company’s finances, but they focus on different things.

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Zee working on risk mitigation, business continuity: R Gopalan, Chairman

CFO News

Responding to a question about the likelihood of an adverse Sebi ruling against Zee CEO Punit Goenka and whether the company has a succession plan in place to deal with this situation, Gopalan said that succession planning in a large company like Zee is a natural step in the functioning of the board, notwithstanding the external factors.

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984: The Building Blocks of CFO Success | Bob Purcell, CFO, Billtrust

CFO Thought Leader

Bob Purcell’s leap into the unknown wasn’t a misplaced step; it was a giant stride toward his future as a CFO. Early in his career, Bob faced a daunting choice: join a distressed company teetering on the brink of failure or play it safe. Driven by an unshakeable belief in his abilities and a desire to test himself, he chose the former. This high-risk, high-return career step wasn’t just about salvaging a company; it was about proving to himself that he could navigate the stormi

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Samsung India nears another milestone in smartphone business

CFO News

The company accelerated sales spurred by premiumisation with average handset selling prices rising by 22%, higher than the industry average of 17%. The share of no-cost EMI purchases has also increased from 54% to 60% during the year, said Akshay Rao, mobile experience business general manager at Samsung India. Tenure for no-cost EMI schemes too rose to 18 months from 12 months earlier.

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FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 01/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – Europe 01/2024”. The Monitor is a monthly published overview of venture capital trends in the. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 01/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy

CFO News

The Fed's new policy statement described inflation as remaining "elevated," and updated quarterly economic projections showed the personal consumption expenditures price index excluding food and energy rising at a 2.6% rate by the end of the year, compared to 2.4% in the projections issued in December.

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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 01/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 01/2024 published”. The Monitor is a monthly published overview of venture capital trends. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 01/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Hinduja company taps Japanese banks to fund Reliance Capital buy

CFO News

Japanese banks may derive comfort from Reliance Capital's association with Nippon Life, a joint venture partner of the former, according to the sources. The two together run a life insurance joint venture in India.

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The Mentoring Round | Bill Purcell, CFO, Billtrust

CFO Thought Leader

The post The Mentoring Round | Bill Purcell, CFO, Billtrust appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

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Air India has changed since its takeover by Tata Group, says CEO Campbell Wilson

CFO News

The company said the retrenched employees consisted of less than 1% of its headcount and had not taken the voluntary retirement scheme or reskilling opportunities given by the airline. Air India has followed all regulations including paying adequate compensation to the laid off employees, it said.

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The modern CFO: Guardian, Change-maker, Manager, Planner

CFO Talks

The modern CFO: Guardian, Change-maker, Manager, Planner To help new accountants get ready for a CFO role at large companies, the Institute of Chartered Accountants of Ontario (ICAO) and Queen’s University conducted extensive research on the roles of the CFO. This research dives into the skills needed to be a successful CFO, highlighting how the role has expanded to include a wide range of responsibilities.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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No action on summons against Subhash Chandra for 3 weeks in fund diversion case: Sebi to HC

CFO News

Sebi halts action on Chandra's summons after court challenge. Accusations of predetermined probe. Justices permit 3-week pause. Mustafa Doctor mentions key dates. Involves stock market regulator.

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Oberoi Group to open 50 new hotels by 2030

CFO News

Oberoi also said that hotel rates need to increase in India. “I sometimes feel our rates in India should be much higher. I urge all our colleagues to drive rates up. Because we have amazing hotels. Whether it’s Taj, Leela, or Oberoi. Our hotels are world class in India,” he said.

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Direct selling industry grew 12% in 2022-23, crosses Rs 21,000 crore in turnover: IDSA

CFO News

Indian Direct Selling Association and Kantar's report revealed a 12% industry growth to Rs 21,282 crore turnover. The sector aims to strengthen with government support, distinguishing from fraudulent schemes through regulatory amendments.

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NCLAT directs PSBs to not take coercive action against IL&FS, its board

CFO News

The NCLAT direction came on Tuesday over an urgent plea moved by the newly appointed board of debt-ridden IL&FS, seeking direction to the banks restraining them from initiating or pursuing any proceedings for declaration as willful defaulter against its group companies and their officials.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.