Fri.Mar 21, 2025

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How Companies Are Capitalizing On Geopolitical Turmoil

Global Finance

Geopolitics is no longer just a threatits a strategic variable. From great-power competition to technological shifts and a fractured trade order, todays volatility is reshaping global business. Oliver Jones, head of EY-Parthenons Geostrategic Business Group, tells Global Finance how forward-looking companies are embedding geopolitical thinking into their risk frameworks, investment decisions, and long-term planning.

CFO 71
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Closing carried interest tax loophole could drive predatory PE practices

CFO Dive

The tax break incentivizes private equity firms to keep businesses for more than three years. Eliminating it could have unintended consequences, a private equity CEO writes.

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Weekend Reading For Financial Planners (March 22–23)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a report from Cerulli Associates found that, amidst an industry-wide trend towards comprehensive financial planning and away from pure transaction-based investment management, asset-based fees currently represent 72.4% of advisor compensation, while commission-based revenues have declined to 23% of an average advisor's revenue.

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Former Zadeh Kicks CFO pleads guilty in $80M wire, bank fraud scheme

CFO Dive

Both the former owner and ex-CFO of the now-defunct sneaker resale company face a maximum 30-year prison sentence and a fine of $1 million for conspiracy to commit bank fraud.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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ERP is the Backbone for Using AI in Business

Navigator SAP

If there is anything that has unified business leaders since the pandemic, it is the commonality of thinking about the role that artificial intelligence will play in business. AI is on the mind of every business leader, and with good reason. It truly is a game-changer.

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Multi-Dimensional Modeling: The Backbone of Modern FP&A

Lime Light

As a CTO deeply immersed in the world of financial planning and analysis (FP&A), I've witnessed firsthand the transformative power of multi-dimensional modeling. In today's dynamic business environment, CFOs and finance teams are grappling with increasingly complex data and demanding faster, more accurate insights. Reliance on outdated, two-dimensional spreadsheets simply doesn't cut it anymore.

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What Is PortCo in Private Equity?

E78 Partners

Understanding what PortCo in private equity is, how private equity firms manage these investments, and their role in the broader investment lifecycle is essential for anyone navigating the private equity landscape. In private equity, the term PortCo is shorthand for portfolio company, referring to a business in which a private equity firm has made a strategic investment.

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The Role of Representation in Building a More Inclusive Finance Industry

CFO News

In 2019, S&P Global Market found that within the first two years of hiring a female CFO, companies had a 6% rise in earnings and an 8% increase in stock turnover. Clearly, a team that reflects the diversity of the world it serves is better equipped to make well-rounded decisions that drive growth and resilience. Having women in leadership roles creates a ripple effect, inspiring younger generations to pursue careers in finance without hesitation.

Finance 45
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Post-Merger Integration: Strategies for Seamless Transition

E78 Partners

Merging two organizations is just the beginning. Experiencing true success depends on how effectively they integrate. A poorly executed post-merger integration (PMI) can lead to inefficiencies, cultural clashes, and missed synergies, putting deal value at risk. Companies must take a structured, strategic approach that aligns leadership, streamlines processes, and maintains stakeholder confidence.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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MiB: Jim O’Shaughnessy on Infinite Wisdom

Barry Ritholtz

This week, I speak with Jim O’Shaughnessy, Founder and CEO of O’Shaughnessy Ventures. Prior to founding O’Shaughnessy Ventures, Jim was the Founder and Chair of OSAM (O’Shaughnessy Asset Management) which was acquired by Franklin Templeton in 2021. He also served as Senior Managing Director and Executive Director of Systematic Equity for Bear Stearns.

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India's foreign exchange reserves rise to over three-month high

CFO News

India's foreign exchange reserves increased by $300 million to $654.27 billion as of March 14, reaching a more than three-month high. The Reserve Bank of India has been actively managing volatility through dollar sales and swaps to boost rupee liquidity amidst global economic uncertainties.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: Nasty Money : Nature is fantastic at devising numerous methods to continue the propagation of the species. Thermonasty is a case in point. ( A Teachable Moment ) Is the Stock Market Cheap Yet? US stocks are trading at a 5% discount to their fair values, according to Morningstars analysis. ( Morningstar ) Most of what you’ve heard about the stock market’s gyrations is wrong : With the stock market experiencing gyrations that havent been seen

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Jindal Stainless CFO Anurag Mantri resigns

CFO News

Jindal Stainless CFO Anurag Mantri has resigned, effective April 5, 2025, to pursue new opportunities. The company has yet to announce a successor, while its stock continues to decline amid mixed signals.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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SEBI cracks down on firms diverting funds for personal use

CFO News

The Securities and Exchange Board of India (SEBI) has cracked down on multiple companies for misappropriation of funds raised through rights issues in the stock markets, after receiving complaints from whistleblowers.

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Oppo, OnePlus, Vivo and other Chinese companies up for local parts in electronics play

CFO News

This shift in strategy is driven by multiple factors including new regulations that have made it harder to import from China - like mandatory clearances from the Bureau of Indian Standards (BIS) for certain components, industry executives said.

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Telecom equipment sales under PLI at Rs 78,672 cr, govt informs Parliament

CFO News

The Department of Telecommunications (DoT) had notified the PLI scheme on February 24, 2021, to boost domestic manufacturing of telecom and networking products in India with an outlay of Rs 12,195 crore.

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RBI imposes penalty on Citibank, IDBI Bank

CFO News

The Reserve Bank of India (RBI) has fined Citibank N.A. Rs 36.28 lakh for not complying with the Liberalised Remittance Scheme. Additionally, IDBI Bank Ltd faces a penalty of Rs 36.30 lakh. These penalties highlight deficiencies in regulatory compliance, not the validity of customer transactions.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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SEBI cracks down on misleading social media content, removes 70,000 posts

CFO News

The Securities and Exchange Board of India (SEBI) on Friday said it has taken strict action against misleading content on social media, removing over 70,000 posts and accounts since October 2024.

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IndusInd Bank denies reports on early exit of CEO and Deputy CEO

CFO News

IndusInd Bank has refuted media reports predicting an early exit for its CEO and Deputy CEO amid concerns over accounting discrepancies in its derivatives portfolio. The banks official statement called the claims factually incorrect and entirely inaccurate.

Banking 40
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Indians lose Rs 4,245 crore in 24 lakh digital fraud cases in first 10 months of FY25

CFO News

In FY24, financial frauds amounted to Rs 4,403 crore across 28 lakh cases, highlighting the persistent rise in digital fraud despite preventive measures.

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Rupee posts largest weekly rise in more than 2 years on inflows

CFO News

The Indian rupee recorded its best day against the dollar in over a month due to dollar inflows and unwinding of long-dollar positions. Additionally, a revival in domestic equities and rebalancing of FTSE's All-World Index also contributed to the rupee's gain and it logged the best week in over two years.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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HUL buying 14.3% stake in recycled plastics company Lucro

CFO News

Lucro is a waste management, recycling and product manufacturing company, working to create a circular plastics economy and fits in line with the government's vision of a zero plastic waste future, HUL said.

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India ranks among top textile exporters with 4 pc global share: Minister

CFO News

India is ranked among the top textile exporting countries in the world with a share of approximately 4 per cent of global textiles and apparel exports, according to information tabled in Parliament on Friday

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Apple, Samsung hold 94% share of Indian smartphone exports: Report

CFO News

In 2024, the shipment of 'Made in India' smartphones increased by 6 per cent, led by rising exports from Apple and Samsung, which together accounted for 94 per cent of India's smartphone exports. The growth is supported by the expansion of manufacturing capabilities in India, with expectations for continued double-digit growth in 2025.

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DPIIT partners with Yes Bank, Kyndryl to boost startup ecosystem in India

CFO News

In a major step towards strengthening India's startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday joined hands with Yes Bank to support innovators and entrepreneurs across the country.

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The 2025 Annual ProcureCon CPO Report

Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for