Sun.Feb 16, 2025

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PodChats for FutureCFO: Mining data intelligence – the secret sauce of finance transformation

Future CFO

Transformation imperatives tend to revolve around modernising processes and systems to enable more agile operations that can adjust to the increasingly unpredictable nature of day-to-day life, whether we mean unplanned downturns or new opportunities that, at times, seem to come out of nowhere. With market volatility, digital disruption, and regulatory uncertainty appearing to be the norm rather than the exception in 2025, finance leaders will be hard-pressed to accelerate transformation initiati

Finance 64
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Explainer: How ICAI's revised merger and demerger guidelines will impact CA firms

CFO News

The Institute of Chartered Accountants of India (ICAI) has released the revised Merger and Demerger Guidelines, 2024, approved on January 23, 2025. How will these updated guidelines simplify the process for CA firms? What key changes should firms be aware of? We look into the new framework highlighting the streamlined processes, seniority preservation, and integration of technology for a more efficient future for CA firms.

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For the right investor, this week’s 30-year TIPS auction could have appeal

Tips Watch

By David Enna, Tipswatch.com I am writing this on a gorgeous Friday night in Rapa Nui, also known as Easter Island. I am sitting in the open-air lobby of a nice hotel, because everywhere else the Internet is non-existent.

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Seven shortcomings of the New Income Tax Bill

CFO News

New Income Tax Bill: While the Bill introduces some readability improvements, it largely repackages existing laws without addressing core issues.

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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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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: The False Gospel of Stuff and Status : We have become disciples of a flawed creed. To chase passion and value people is a much wiser way to live; or Ikigai, Detectorists, and the real meaning of life. ( Forking Paths ) The crypto industrys debanking smokescreen : Cryptocurrency companies have co-opted legitimate concerns about banking discrimination to fight regulation and Congress is buying it.( Citation

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Japanese firms eye India as part of 'China Plus One' strategy

CFO News

While the sheer scale of India's domestic market is a major draw, what makes the country even more compelling is its well-established business and talent networks across these regions.

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LG Electronics bets big on India market ahead of its mega IPO

CFO News

After Hyundai Motor India Ltd (HMIL), the Indian subsidiary of Hyundai Motor Company, listed on the Indian stock market in a landmark Rs 27,856 crore initial public offering (IPO), another South Korean giant LG's India arm is all set for its mega IPO.

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Standard Chartered gets RBI nod to appoint PD Singh as India CEO

CFO News

PD Singh was the top choice for the Asia focussed UK bases lender among three names sent to the RBI, after interviews held in October, ET had reported in its December 11 edition. Singh had stepped down as CEO of JP Morgan in India, in June last year before the end of his term. He had received regulatory approval in January 2023 for a three-year term.

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Solv’s CFO, CEO to exit amid Jumbotail merger

CFO News

Solv-jumbotail Merger: Solv, a digital marketplace backed by SBI Group, is nearing a merger with B2B marketplace Jumbotail while experiencing senior leadership exits.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Sebi issues rules for disclosure on related party transaction approvals

CFO News

Markets regulator Sebi has introduced industry standards for the minimum information required for audit committee and shareholder approval of related party transactions. These standards, formulated with industry associations, will come into effect from April 1, aiming to ensure a uniform approach and enhance transparency in corporate transactions.

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A name change takes the fizz out of Bira's earnings

CFO News

B9 Beverages, owner of Bira beer, faced a challenging FY24 with sales dropping by over 20% and losses increasing by 68% due to regulatory changes and a name change. Despite demand, the company halted supplies to register its new product label, significantly affecting sales. Efforts are underway to raise fresh funds and drive growth.

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India Inc logs double-digit profit growth in Q3, outlook cautious

CFO News

According to the ETIG analysis, aggregate revenue for a sample of 3,400 companies rose by 6.9% while net profit grew by 12.6% year-on-year in the December quarter. Revenue and profit growth was 7.9% and 26.2%, respectively, in the year-ago quarter.

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Lenskart sharpens focus on IPO at $10 billion valuation

CFO News

Omnichannel eyewear retailer Lenskart has started the process of its initial public offering (IPO) and is looking to file its draft papers by May, sources told ET. The company is set to enter the public markets with a $10 billion valuation, double its previous funding round.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Cooperative banks afraid of mass withdrawals

CFO News

On Thursday, the Reserve Bank of India restricted New India Cooperative Bank from issuing loans, accepting new deposits, or permitting withdrawals for six months. A day later, RBI superseded the board of directors of the bank when it emerged that there was a misappropriation of 122 crore.

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Singapore PM Lawrence Wong holds talks with India Inc on bolstering economic ties

CFO News

Singapore Prime Minister Lawrence Wong: The meetings resulted in a series of actionable steps, which will be advanced through structured industry-government dialogues.

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Impact of US tariff reciprocity on Indian exports likely to be limited: SBI

CFO News

Indian exports to the U.S. are expected to experience minimal impact despite anticipated higher tariffs, according to a State Bank of India report. Even with tariffs up to 20%, the decline in exports is estimated at only 3-3.5%. Strategic export diversification, increased value addition, and improved trade routes are key measures India is employing to counteract any potential negative effects.

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Use of foreign companies to buy properties in UK under ED lens

CFO News

While resident individuals are allowed to remit up to $250,000 a year to directly purchase properties abroad, acquiring stocks of foreign companies that primarily hold properties is a violation of foreign exchange regulations.

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Forecasting Failures Are Costly: Heres 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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Indian markets feel the chill in Trump-Modi ties sans bear-hugging bonhomie

CFO News

Narendra Modi met with Donald Trump, bringing trade concessions but facing reciprocal tariffs that will significantly impact India's top exports. Modi's efforts to negotiate a trade deal might involve more concessions, while India's currency and stock market could suffer due to capital outflows and lower dollar returns.