Fri.Sep 20, 2024

article thumbnail

How to Buy S/4HANA Cloud Public Edition

Navigator SAP

The idea is a simple one: an end-to-end backend software solution that is simple enough for startups and fast-growing businesses to roll out quickly and affordably but is modular and flexible enough that the software will continue supporting the business as it grows The less simple part is how to buy SAP S/4HANA Cloud Public Edition.

SAP 272
article thumbnail

Most CEOs expect full return-to-office in 3 years: KPMG

CFO Dive

There is a “widening gap” between how executives and employees think about their workplace environments that needs to be taken into account, the report warned.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fed up with Fed Talk? Fact-checking Central Banking Fairy Tales!

Musings on Markets

The big story on Wednesday, September 18, was that the Federal Reserve’s open market committee finally got around to “cutting rates”, and doing so by more than expected. This action, much debated and discussed during all of 2024, was greeted as "big" news, and market prognosticators argued that it was a harbinger of market moves, both in interest rates and stock prices.

Banking 124
article thumbnail

Fed rate cut unlikely to boost manufacturing until 2025, experts warn

CFO Dive

The looming presidential election is still sparking uncertainty in the industry, pushing manufacturers to spend with caution.

article thumbnail

8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

article thumbnail

Weekend Reading For Financial Planners (September 21–September 22)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the North American Securities Administrators Association (NASAA) released the latest edition its annual survey outlining the state of state-registered RIAs, showing that the number of state-registered firms and their assets declined slightly in 2023 (perhaps due to many firms seeing their AUM hit the $100 million mark amidst strong market performance and organic grow

More Trending

article thumbnail

MiB: Victor Khosla, Strategic Value Partners

Barry Ritholtz

 This week, we speak with Victor Khosla, Founder and CIO of Strategic Value Partners. Before establishing SVP in 2001, Victor served as President of Cerberus Capital. In the 1990s, he built and managed the distressed credit desk at both Citi and Merrill Lynch, establishing two of the top proprietary trading businesses. SVP has grown 5x in size over the past 10 years, now manages over $18B in AUM with 200 employees.

article thumbnail

PhysicsWallah closes $210 million funding round led by Hornbill Capital valuing it at $2.8 billion

CFO News

PhysicsWallah, an online coaching platform, has raised $210 million in a funding round led by Hornbill Capital and Lightspeed, valuing the company at $2.8 billion. The funds will be used to expand its offline presence and diversify into new regions. PhysicsWallah's revenue has grown significantly, with a focus on student outcomes and community building.

75
article thumbnail

Awash Bank: Spearheading Growth and Innovation Amid Disruption

Global Finance

Innovation and leadership are core to Awash Bank’s success, both in its legacy as well as its future. It is already a pioneering privately-owned bank in Ethiopia’s financial landscape. Among its 29 peers in the domestic market, Awash Bank dominates in terms of asset size, profitability, capital base, deposits, and loans and advances. The next step, for most of the rest of this decade, is a roadmap to transform the bank to reach greater heights.

Banking 52
article thumbnail

Kriti Nutrients CFO resigns

CFO News

The company has appointed Mohan Gehlot as the new Chief Financial Officer and Key Managerial Personnel.

CFO 75
article thumbnail

Smart Tech + Human Expertise = How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

Harris, Trump contest raises the stakes on six salient policy points: EY

CFO Dive

“There are more similarities than many people realize between Harris and Trump on some key issues,” according to an EY political analyst.

273
273
article thumbnail

ICAI urges for pause on SA 600 revision, calls NFRA's draft release unfortunate

CFO News

ICAI is advocating for a pause in the revision process to allow for a thorough review and discussion with all stakeholders involved. “We believe this pause will help ensure that any changes made to SA 600 are in the best interest of the profession and the public,” the ICAI said.

75
article thumbnail

Sebi allows mutual funds to buy, sell credit default swaps

CFO News

Markets regulator Sebi on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity in the corporate bond market. This flexibility to participate in CDS would serve as an additional investment product for mutual funds, Sebi said in a circular.

article thumbnail

Enough S&T rhetoric, India inc, get R&Dy

CFO News

Nirmala Sitharaman announced GST exemption for research funding in higher educational institutions and research centres with I-T exemptions. India's R&D spend is only 0.65% of GDP, with the government contributing over 60%. Private sector investment in R&D remains low, despite the need for long-term commitment to innovation.

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

There's a trap on India's road to high-income economy status

CFO News

The Modi govt aims to make India a developed country by 2047, addressing the middle-income trap as a key challenge. Niti Aayog emphasizes the need for a cohesive strategy involving investment, technology adoption, and innovation. Policymakers focus on free trade, global value chains, and infrastructure to boost economic growth.

article thumbnail

India’s forex reserves hit a fresh high of $689.46 billion

CFO News

India's forex reserves reached a new all-time high of $689.46 billion for the week ending September 13, as reported by the Reserve Bank of India. Foreign currency assets dipped to $603.63 billion, while gold reserves surged by $899 million to $62.8 billion. SDRs and the reserve position in the IMF saw slight declines.

article thumbnail

Adani Total Gas secures USD 375 million financing from global lenders

CFO News

The maiden financing of USD 375 million executed with international lenders includes an initial commitment of USD 315 million with an accordion feature to enhance the commitments.

Finance 40
article thumbnail

Centre, states to compile employment data for targeted policy intervention

CFO News

The central and state governments are set to collaborate on compiling employment data for a centralized dashboard aimed at targeted policy intervention. A meeting in Bhubaneswar discussed the need for accurate data and joint mechanisms. This initiative aligns with the Prime Minister's vision of Viksit Bharat@2047, focusing on employment generation and skilling.

40
article thumbnail

The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.

article thumbnail

No observations by US FDA during plant inspection: DRL

CFO News

Dr. Reddy's Laboratories announced that the U.S. Food & Drug Administration (FDA) completed a routine Good Manufacturing Practice (GMP) inspection of its integrated product development organization in Bachupally, Hyderabad, with zero observations. The company shared this update in a stock exchange filing on Friday, highlighting compliance with regulatory standards.

article thumbnail

Air India hired 9,000 employees in two years: Campbell Wilson

CFO News

Air India has hired 9,000 employees over the past two years to support its expanding fleet and network. The airline's domestic market share increased from 24% to 27%, and international market share rose from 21% to 24%. Air India also reported a 25% rise in operating revenues and a significant reduction in losses.

article thumbnail

Rare balancing act: How RBI chief Shaktikanta Das tamed volatile rupee with $689 billion in reserves

CFO News

RBI Governor Shaktikanta Das has achieved a balance between stabilising the rupee and letting it weaken to support India's export goals. The RBI's foreign-exchange reserves have increased significantly, drawing in foreign investment and reducing the current account deficit. This strategy has made the rupee one of Asia's least volatile currencies, preparing India for external economic shocks.

article thumbnail

HDFC Bank approves IPO of HDB Financial Services with fresh equity sale of Rs 2,500 crore

CFO News

The IPO comprises a fresh equity sale of Rs 2,500 crore and an offer-for-sale component, allowing existing shareholders to divest their holdings. HDB Financial Services, a major NBFC, focuses on retail and commercial customers with a diversified portfolio of financial products and services.

Sales 40
article thumbnail

2025 Global Finance Leaders Survey

79% of finance leaders we surveyed say they play a multifaceted role—ensuring financial stability, managing risk, and enabling transformation. In our 2025 Global Finance Leaders Survey, 751 global leaders shared their biggest challenges, top priorities, and outlook for the year ahead. Here’s what you’ll learn in the survey report: An in-depth look at different leadership approaches and what they mean for finance leaders Top challenges facing finance leaders, from data reliability to talent manag

article thumbnail

Experts call for clear regulation and tools to curb online gaming tax evasion

CFO News

​Recently, The DGGI has detected tax frauds to the tune of more than Rs. 2 Lakh Crore during the Financial Year 2023-24 and recovered more than Rs. 26.5 Thousand Crore of such evaded tax.

40
article thumbnail

FM Sitharaman reviews capex plan of Housing and Urban Affairs ministry

CFO News

Finance Minister Nirmala Sitharaman reviewed the Ministry of Housing and Urban Affairs' capex plan, stressing timely fund utilisation. Key discussions included the Pradhan Mantri Awas Yojana (Urban) scheme for affordable housing. She urged officials to meet capex targets for urban transport projects like Metro Rail and RRTS within the stipulated time frame.

article thumbnail

Govt notifies Oct 1 as start date for Vivad Se Vishwas 2.0

CFO News

Around 2.7 crore direct tax demands totalling about Rs 35 lakh crore are being disputed at various legal foras.

40
article thumbnail

Loss-making MNCs liable to pay tax on India setup

CFO News

Multinational companies operating in India through various setups will have to pay taxes on earnings generated in India, even if they report global losses. The Delhi High Court ruled that these setups are considered permanent establishments and must be taxed independently of the parent company's overall financial status.

40
article thumbnail

Conquering Tail Spend in 2025: New AI-Powered Tools and Strategies for Success

Tail spend — often unmanaged, fragmented and costly — can account for as much as 80% of total transaction volume. Without the right strategy, enterprises face hidden risks and unnecessary spend. It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach. Download this GEP-sponsored Everest Group research for insights on how your competitors are upping their tail spend management game.