CFO India

Sunil Sayal, CFO, Nokia Solutions   On the macro side, this Budget has put aside a larger proportion of resources for the upliftment of social standards and the rural population, namely...
Feb 02, 2018
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Vishesh C Chandiok, National Managing Partner, Grant Thornton India LLP: Overall, Budget 2018 is very much aligned to the macro-global direction – reduction in corporate tax rate, protecting...
Feb 01, 2018
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The retrospective tax issue could soon find an amicable solution for some companies. Finance Minister Arun Jaitely said that the government has taken “one step forward” to resolve this dispute...
Mar 02, 2016
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The Reserve Bank of India (RBI) accepted the $5 billion it targeted from banks at its currency swap auction to ease liquidity ahead of the financial year-end this month. According to media reports,...
Mar 27, 2019
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Despite the cyclical challenges in 2018, India remains at the top of the ranking in overall consumer sentiment and Brazil has overtaken China to come second, according to Credit Suisse Global Wealth...
Mar 27, 2019
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The falling private capital expenditure, as indicated by various data, paints a from picture of the overall health of India’s private sector. A report in FE Online said, the private sector capital...
Mar 27, 2019
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Corporate affairs secretary Injeti Srinivas on Monday favoured the UK model of bankruptcy in the case of individuals, Business Standard reported. Srinivas was speaking at a CII event. Individuals...
Mar 26, 2019
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CFOs today are required to take ownership of the data in the company as stewards. This is a new facet of their evolving and emerging role in the rapidly transforming enterprise. The requirement is of...
Mar 26, 2019
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The Reserve Bank of India (RBI) has postponed roll out of the new accounting standards (IndAS) for the second time, Business Standard reported. The report said the central bank is awaiting amendments...
Mar 25, 2019
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Market regulator Securities and Exchange Board of India (Sebi)  has sought greater powers to inspect books of accounts of listed companies for contravention of any securities law and also to take...
Mar 25, 2019
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Grant Thornton LLP’s 2019 CFO Survey, conducted in partnership with CFO Research says, CFOs are shifting their priorities from cutting costs to rapidly investing in technology and data.  The survey...
Mar 25, 2019
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The International Monetary Fund (IMF) has said that India has been one of the fastest growing large economies in the world. However, the IMF asserted that the country has carried out several key...
Mar 22, 2019
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On Friday, Fitch Ratings cut India’s economic growth forecast for the next financial year starting April 1, to 6.8 per cent from its previous estimate of 7 per cent, on weaker than expected...
Mar 22, 2019
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As fiscal federalism gathers momentum in the era of uniform goods and services tax (GST), Reserve Bank of India (RBI) governor Shaktikanta Das has given a call for a permanent status to Finance...
Mar 20, 2019
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Guess what is a top priority for India’s white collar workforce? It is learning a new skill or hobby. According to Kronos Incorporated survey ‘Future of Workplace’ series, for 66 per cent of India’s...
Mar 20, 2019
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A survey conducted by job portal Shine.com forecast that up to one-third of existing job roles in various industries will get automated in the next 3 years, according to a report in BusinessLine....
Mar 19, 2019
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India’s bad loans have given it the dubious distinction of having the worst non-performing loan ratio among the world’s major economies, surpassing that of Italy, according to a report in FE Online....
Mar 19, 2019
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A meeting was held between senior Reserve Bank of India (RBI) officials and about two dozen bankers on Monday to get the latter’s feedback on the central bank's new cash infusion tool, said a report...
Mar 19, 2019
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Bharti Airtel has appointed Nakul Sehgal as Corporate Chief Financial Officer, media reports said.  Sehgal was working with the Telenor Group before joining Bharti Airtel. He worked at Telenor for...
Mar 18, 2019
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‘Private Corporate Investment in 2018-19: Slow Recovery Underway’ a study by S Sujeesh Kumar and RK Sinha of RBI's Department of Statistics and Information Management, says the projects sanctioned in...
Mar 18, 2019
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On March 26, Reserve Bank of India (RBI) Governor Shaktikanta Das is scheduled to hold discussions with representatives of trade bodies and credit rating agencies on interest rate and steps to boost...
Mar 18, 2019
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A charter of demands to make India a $5 trillion economy by 2025 was released on Sunday by industry body Assocham. According to media reports, the industry body has also exhorted political parties to...
Mar 18, 2019
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Shailesh Sawa, CEO of EPC Constructions India, a subsidiary of Essar Projects, will take over as the Group CFO of HCC Group of Companies, according to a report in ETCFO. In its BSE filing in December...
Mar 15, 2019
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Hindustan Petroleum Corporation Ltd recently announced some changes in the Directors and Key Management Personnel of the company. J. Ramaswamy, Director (Finance) (DIN 06627920) and a Chief...
Mar 15, 2019
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Rajiv Bansal, former Infosys chief financial officer, is joining US IT services firm DXC Technology as senior VP and head of finance, Americas, a report in TOI said.  Notably, six months back, Bansal...
Mar 15, 2019
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Vikas Chadha, executive director and chief financial officer at Berggruen Hotels (Keys Hotels) has resigned from the company, according to reports published in the media. Chadha who was considered...
Mar 15, 2019
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108 economists and social scientists from across the world have raised concerns on political interference influencing official data in India, says a report in FE Online. In a letter, they have asked...
Mar 15, 2019
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India’s top listed companies have taken up ‘integrated reporting’ (IR) to narrate their value-creation stories, says an analysis by KPMG, as reported in The HinduBusinessLine online. According to...
Mar 15, 2019
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I’ve lost track of the number of times I’ve sat in front of a buyer for team development or team-building solutions and their main desired outcome is better “teamwork”. In fact, it's often a moment...
Mar 14, 2019
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A Reserve Bank of India (RBI) study has shown that private corporate investment plans have fallen for the seventh year in a row on account of economic slowdown, poor project appraisals and huge...
Mar 14, 2019
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How low inflation is a dilemma for India Falling rural incomes and farm distress have cast a shadow on one of the key achievements of the Modi government.   Low inflation in India is proving to be a...
Mar 14, 2019
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Ministry of Corporate Affairs has revised the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, 2011 (NVGs) and formulated the National Guidelines on...
Mar 14, 2019
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The Indian Media and Entertainment (M&E) sector is expected to cross ₹2.35 trillion ($33.6 billion) by 2021, growing at an annual rate of 11.6%, says a report by EY-Ficci. The sector  grew at 13....
Mar 13, 2019
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An alleged tax fraud of Rs 224 crore has been detected along with fake invoices worth Rs 1,289 crore by a group of eight companies involved in the trade of iron and steel products, media reports said...
Mar 13, 2019
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The National Democratic Alliance (NDA) government will return to power in 2019, either with a majority or in the form of a coalition with new allies, say most respondents to a CARE Ratings Survey....
Mar 13, 2019
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Indian businesses that paid most of their goods and services tax (GST) liability using input tax credit or reported a significant variation in turnover are being queried by taxmen, media reports....
Mar 12, 2019
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Hundreds of thousands of engineers in India, with computer code to civil engineering specialisations are struggling to find  a job in their field and to pay back huge student loans, media reports. ...
Mar 12, 2019
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A report by rating agency Crisil Research states that capacity addition in solar energy sector has slowed due to lack of clarity on several policy issues and arbitrary bid cancellations, media...
Mar 12, 2019
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Chinese and US officials discussed exchange rates and reached a consensus on many “important” issues during the latest round of negotiations to end the trade war, media reports said quoting Governor...
Mar 11, 2019
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The Confederation of Indian Industries (CII) released a ‘Suggested Election Manifesto’ on March 10, which provides an economic roadmap for political parties to achieve an average growth rate of 8 per...
Mar 11, 2019
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A study titled 'Video on Demand: Entertainment reimagined’, conducted by Assocham-PwC, expects India's data consumption to grow at a compounded annual growth rate (CAGR) of about 72.6 per cent to 10,...
Mar 11, 2019
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The Insolvency and Bankruptcy Board of India (IBBI) has signed a Cooperation Agreement with the International Finance Corporation (IFC), a Member of the World Bank Group (WBG). The Agreement was...
Mar 08, 2019
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The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved Ex-post facto approval of the Memorandum of Understanding (MOU) signed in 2008 and renewed in 2014 between the Institute of...
Mar 08, 2019
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The Reserve Bank of India (RBI) has sharply criticized credit rating firms for their failure to identify financial troubles in various companies, especially in the case of IL&FS, media reports....
Mar 08, 2019
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Trade and industry has been asked by the finance ministry to exercise caution while filing the annual GST returns form as the facility to revise it is not available, media reports said. In a...
Mar 08, 2019
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India is exploring various options, including approaching the WTO dispute body, to deal with the US decision to withdraw import incentives for about 2,000 domestic goods under the trade preference...
Mar 07, 2019
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The Organisation for Economic Co-operation and Development has warned that trade tensions and political uncertainty including Brexit are weighing on the world's economy, say media reports. It slashed...
Mar 07, 2019
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A report by Japanese brokerage Nomura warns that global slowdown, tight financial conditions and  political uncertainty in the election year will be the biggest headwinds for growth in India. Further...
Mar 07, 2019
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India may impose retaliatory tariffs on $10.6 billion worth of goods imported from the US, reports in media said. The move is being considered in reaction to the Trump administration’s decision to...
Mar 06, 2019
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Union Minister for Finance and Corporate Affairs, Arun Jaitley said that the Government is committed to facilitate trade and industry in the country so that the momentum of growth continues to move...
Mar 06, 2019
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