While delivering the first budget of the current government’s second term, Finance Minister Nirmala Sitharaman focussed on the importance of ease of doing business and claimed that enterprises remain...
Jul 05, 2019
The business news in the recent times has been hogged by corporate hubris! IL&FS tripping with allegations of top-management fraud; Fortis Healthcare complaining that their promoters – now the...
Mar 18, 2019
The countdown to the eagerly anticipated event of the year, CFO100 Programme, has begun. There is much excitement in the air as the List of 2019 Winners has been announced and now all eyes are on the...
Mar 02, 2019
Q. What do you think of the existing IA practices in India? What does it lack? */ Anthony Crasto: Organisations initially considered Internal audit (IA) as a compliance mandate that was introduced...
Feb 20, 2019
In today’s vulnerable, uncertain, complex and ambiguous business ecosystem, an environment we generally refer to as the ‘VUCA’ world, it has become imperative for enterprises to become increasingly...
Oct 17, 2018
Since the new government came into power in May 2014 with its vision to make India globally competitive and contributing a larger chunk to international trade, the country has witnessed numerous...
Sep 25, 2018
It may not always be the hot topic on the table at financial planning meets, but a closer look reveals that employee benefits may be worth a second look. When we get down to brass tacks, it’s...
Aug 01, 2018
Background One of the key challenges in the insurance business is selling new products (that meets customer’s need) and retention of existing customers which if not met properly may result in...
Jul 31, 2018
In December 1991, during the Balkan wars a cattle herder called Luka was caught by a group of Serbian militiamen; marched off with several others and summarily executed for not being a Serb. His...
Jul 23, 2018
On 6 June 2018, the Central Government issued another ordinance amending the Insolvency and Bankruptcy Code, 2016 (IBC). This is the third instance in a little more than half a year, of the IBC...
Jul 13, 2018
“Time is more value than money. You can get more money, but you cannot get more time.” JIM ROHN “If you do not find a way to make money while you sleep, you will work until you die.” WARREN...
Jul 09, 2018
Q: What are the factors driving the optimistic business outlook in India and globally? Saru Kaushal (SK): There are enough reasons to cheer in 2018 with political change and global trade...
Jul 02, 2018
Forward-thinking asset managers need to embrace a long-term data-driven approach to their operations. Asset managers globally are collectively on a critical journey to modernize their technology...
Jun 19, 2018
Under Indian exchange control laws, foreign investment in ‘other financial services’ which are regulated by any financial sector regulator (i.e., RBI, Sebi, IRDAI, PFRDA, NHB, etc) is permitted...
Jun 05, 2018
Trade finance influences economic conditions, public policy, living standards, and the degree of financial inclusion. The role of trade finance in trade is very important, and is in different forms...
Jun 04, 2018
"Treating employees benevolently shouldn't be viewed as an added cost that cuts into profits, but as a powerful energizer that can grow the enterprise into something far greater than one leader...
Jun 01, 2018
Discount is a mode of incentivising customers to buy more goods from the dealer and is an inherent element in any business. It is a cost of doing business which is always accounted for by dealers/...
May 29, 2018
About a year ago, I had a fruitful and enjoyable trip to South Africa and Namibia. The trip included a lunch with longtime friend and fellow professional speaker, Nick French, who used to live in...
May 10, 2018
The National Company Law Appellate Tribunal, in a recent judgment Achintya Kumar Barua vs. Ranjit Barthkur, has held that “Section 173(2) of the Companies Act, 2013 (2013 Act) gives rights to a...
Apr 24, 2018
International tax rules, drafted more than a century ago are inadequate to in today’s dynamic and changing reality. Further, the pervasive nature of digitalisation makes it difficult for countries...
Apr 23, 2018
PERSONAL Philosophy: I have the power to create change, dream big, work hard, stay focussed Political views: None Vision for self: Dream big, work hard, stay focussed First...
Apr 12, 2018
PERSONAL Philosophy: Working hard is the only key to success. Political views: Support the honest who do common good for country rather basing same on our individual gains. Current...
Apr 09, 2018
It’s not often you get a round of Facebook laughs when someone posts a picture of a sign at a Japanese ski resort apologising profusely for the ‘low’ snow base of a ‘mere’ four metres of snow....
Apr 03, 2018
Q: You have been part of the mobile and telecommunications sector for long. How would you describe the developments that have taken place in India in the last decade or so? Where do you see the...
Mar 30, 2018
Success stories of homegrown unicorns have found a spot in management lessons and entrepreneurial aspirations alike. A 2017 CB Insights report suggests that outside the US, India has the second...
Mar 29, 2018
PERSONAL Philosophy: Be the best at whatever you do, always give your 100 per cent. Political views: In politics, nothing happens by accident. If it happens, you bet it was planned that way...
Mar 27, 2018
India is not a stranger to luxury. Earlier, this was restricted to the privileged few. However, as India of the 21st century aspires to rank amongst global manufacturers and service providers,...
Mar 27, 2018
PERSONAL Philosophy: World should be a better place since we were born in it. Compete with self and not others since it is meaningless to compare yourself with others. The only person you...
Mar 23, 2018
Extreme events do not come out all of a sudden; their trend and information are always available through data points. However, those data points are often ignored and it is believed that nothing...
Mar 22, 2018
Question: What made you join the NBFC sector after a successful stint in one of the top multinationals? Anirban Majumder (AM): I was looking forward to a CFO opportunity in the banking and...
Mar 09, 2018
Helen Brand, CEO, ACCA, discusses the role of ethics, corporate governance and the global issue of skills gap. ON ETHICS… Question: Aren’t corporate governance and business ethics two distinct...
Feb 26, 2018
Ajay Kumar, Senior Director, Sales Consulting, ERP & EPM (India), Oracle, in an interview to CFO India, discusses the advantages of ERP cloud, especially in the e-commerce era. Q: There...
Feb 15, 2018
The Chinese must be arguably the world’s largest diaspora with roughly 100 million ‘Chinese’ who are mostly through national assimilation, Malaysians, Singaporeans and so on. I’ve even met Spanish...
Feb 15, 2018
Q.The contribution of direct taxes in the total tax collection in 2016-17 fell below 50 per cent to 49.66 per cent for the first time since 2006-07. This is despite a 15 per cent growth witnessed...
Feb 13, 2018
The banking sector is arguably a mirror to the economy. Similarly, the regulatory framework for the financial sector could reflect the mood and maturity of the country. The history of banking in...
Feb 13, 2018