Cfo communities in india. Premium products and quick commerce are gaining traction.

Cfo communities in india. India has many publicly listed family .

Cfo communities in india Easing food prices and government spending offer hope. Dec 27, 2021 · By: Nikhil Agrawal The COVID-19 pandemic induced a technology-driven and rapid business environment, and consequently, a CFO's role dramatically changed. Nov 30, 2024 · Office rentals have shown a consistent increase in India's 10 top cities with Pune emerging as the leader with a compound annual growth rate of 6. Global shifts and market volatility The US Federal Reserve’s aggressive rate Oct 24, 2024 · GURUGRAM, India, Oct. Despite a global slowdown, India’s IPO market captured 25% of global IPO volumes in the first half of 2024. 6 crore in FY23. 1 per cent of GDP. This marks an 18 per cent increase compared to the global average of 41 per cent and a 7 per cent rise within India since the 2022 survey, PwC India highlighted. The government has significantly increased its capital expenditure. Nov 25, 2024 · Bata India, a leading footwear company, has announced the appointment of Durgesh Singh as its Chief Financial Officer, effective December 1, 2024. As we move into our next growth phase, we are seeking a dynamic and strategic Chief Financial Officer (CFO) who will be integral in driving financial strategies, securing investments, and leading the company towards sustainable growth. Jan 2, 2025 · Indian Businesses: As we step into 2025, seasoned finance expert Robin Banerjee provides a clear-eyed assessment of India's economic prospects. The 14 Best CFO Communities 1. Lets Engage and create Actionalble insights for shaping the Future of Finance. Since 2014, the board has engaged in national discourse on policy making and developed a vibrant dialogue platform for CFOs. Sep 1, 2021 · The CFO Leadership Council is a finance community committed to empowering senior financial executives with educational resources, sponsorship opportunities, and in-person networking across chapters. Apr 19, 2023 · Agarwal has been with Reliance for more than 30 years, starting out as an engineer, and was appointed CFO in 2005. Mar 20, 2023 · CFO India’s 13th CFO100 Conference honored top CFOs, fostering insights and celebrating excellence in India’s financial leadership domain. 29 lakh cr: Ashwini Vaishnaw India has risen to become the world's second-largest mobile manufacturer and from just 2 units in 2014, over 300 units are operational nationwide today, Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, said on Tuesday. Shivakumar, former India head of Nokia and PepsiCo and a management thinker said that 2025 priorities for CFOs are leading transformation efforts, improving finance function strategy and finance metrics, and optimising costs. Dec 2, 2024 · The Reserve Bank of India has significantly increased its position in the non-deliverable forward market to support the rupee, which is under severe pressure. Alok Kumar Agarwal serves as the Chief Financial Officer of Reliance. Younger generations are shifting towards modern investments, and growth is expected in lower-tier cities and among the mass affluent. According to Deloitte's State of Generative AI Report (India Perspective), Indian organisations are prioritising innovation through AI, driven by both internal and external pressures. Nov 11, 2024 · Approximately 10 percent of Flender Group's 9,000 employees are based in India. He succeeds Rupam Barua, ED (F&A). This platform actively seeks to engage these change agents to discuss pertinent issues, share best practices and collectively drive the trade and Search Cfo jobs in Bangalore, India with company ratings & salaries. India is set to continue as the world's fastest-growing economy with projected growth at 7% in FY24-25, driven by strong macroeconomic fundamentals and rural consumption recovery. A nominee would qualify as a ‘Head of Finance’ of a company only if he reports directly to the CEO, MD or the Group CFO. 1 per cent stake in the enlarged Air India. Nov 14, 2024 · Trade Wars Impact On IT: While quantifiable impacts remain speculative, Indian IT firms are preparing for a complex policy scenario under the Trump administration, with moderate optimism for long-term growth in US tech spending. After a slowdown in deal Jan 3, 2025 · Job Creation: Employment generation across the agriculture, manufacturing, and services sectors saw a significant increase during Prime Minister Narendra Modi's tenure in the last 10 years compared to the preceding decade under the Congress-led UPA government, according to figures compiled by the Reserve Bank of India. Jun 1, 2024 · Authored by Sanjeev Jha, CFO of Persolkely India, this comprehensive article delves into the dynamic Indian labour market, the crucial role of staffing companies, and key trends and challenges shaping the next decade. Leading a 19-member delegation, India will urge developed nations to accelerate their net-zero commitments and deliver on climate finance promises, emphasizing the need for equitable energy transition and robust support for adaptation measures. 1 day ago · Kia By Nikunj Ohri, Aditya Kalra and Aditi Shah NEW DELHI - India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs, according to a document and two sources. Apr 16, 2021 · Corporate and integrity due diligence initiatives, market intelligence studies, and the valuable role India’s CFO community can play in addressing issues of conflicts to mitigate risks is a priority. Dec 16, 2023 · New Delhi, Delhi, India: IMA India, the country's premier business information and senior professional communities’ company, has acquired CFO Collective India Pvt Ltd. 55 crore in FY 24 from Rs 7. Birla suggested India could become a global manufacturing and service hub. Patil, with over 34 years of experience, joined the company in March 2020 following Rajiv Batra’s retirement. Shiv Shivakumar, former India Chief of Pepsico and Nokia and management thinker, leading CFOs of India Inc and industry experts will participate in the first ETCFO NextGen event on Thursday in Mumbai. 100 trillion in infrastructure. 1 day ago · India's cash crunch has significantly reduced after the Reserve Bank of India implemented aggressive liquidity measures amidst slowing economic growth. Application Guidelines CFO100 2022 ELIGIBILITY CRITERIA The CFO100 is open only to CFOs and Heads of Finance operating in the Indian market. Purpose, vision, values and ethics reflected in the behaviours and actions of the board and management team traverse throughout an organization. Jan 2, 2025 · India Economic Growth: India’s economic outlook for 2025 is fraught with risks, as economists point to external challenges, including US policy shifts, and domestic issues like fiscal constraints, job creation, and monsoon performance that could significantly impact growth and stability. This move follows the resignation of the previous CFO, Anil Somani, who stepped down in August to explore new career opportunities. These factors are reshaping economic interactions and heightening uncertainties, as highlighted in a recent session led by Adit Jain, Chairman and Editorial Director, IMA India. The Annual CFO Leadership Conclave is an initiative to bring together the senior finance leadership representing the most influential companies in India at an off-site location each year for 3 days. Charanjit Attra – State Bank of India. As per the Delegation of the European Union to India and Bhutan, in 2023, the total value of EU-India trade in goods stood at Euro 113. Jan 6, 2025 · India Inc's CFOs list ESG integration, AI-driven digital transformation, cost optimisation, and risk management as their priorities to go about the uncertainties to come. "Although Trump's trade protectionism and ‘Make in America’ policy may present challenges, sectors like IT, pharmaceuticals, electronics manufacturing, and defense will likely Dec 20, 2024 · For rapidly growing companies, traditional finance systems can become roadblocks rather than enablers. Dec 17, 2024 · The Finance Ministry has been sharing the necessary information on various initiatives undertaken during the year. Our study found that CFOs of 50 companies in the list, or about 3%, were paid higher compensation for the 2017-18 period. 178 companies debuted on India’s stock exchanges in 2023, followed by China with 103 listings, the UK with 22, and the US with 21. 9 billion and achieving an average growth rate of 46 per cent. Since October, Charanjit Attra has been CFO of the State Bank of India (SBI). Rural and urban demand shows signs of recovery. Barthwal also noted India's increasing integration into global value chains and the pivotal role of services in trade. Finance Minister Nirmala Sitharaman presents her eighth union budget. community Connecting people & knowledge. This acquisition offers Dec 12, 2024 · "Indian economy is one of the most open economies in the world, with 45. Dec 10, 2024 · Looking ahead, Indian respondents prioritise cognitive skills (54%) and STEM (38%) as crucial areas for workforce development. com Aashna Kampani +91 98181 20880 aashna. The markets were volatile with multiple global events, a slowdown in the Indian economy, tighter liquidity conditions and delayed government spending. In this insightful piece, he navigates key trends and challenges, offering a balanced outlook on business, growth, and global influences. Nov 22, 2024 · ETCFO NEXTGEN: A galaxy of leading India Inc CFOs participated in the event to brainstorm on the changing role of CFOs and what it entails. The EU is the main export destination for Indian goods. The number of Indian billionaires has more than doubled in the last ten years. We enable meeting likeminded people who operate in similar roles in the same industry, in an in informal setting and out of their day-to-day company routine. Important Initiative! While India climbs up on the economic ladder to being the 3rd country in terms of GDP, phenomenal wealth will be created by companies in India. Sep 9, 2024 · Read Sarvesh KP, Global VP at Moder Solutions, talk about finance transformation, strategic decision-making, and embracing digital evolution. Premium products and quick commerce are gaining traction. In an interesting webinar hosted by CFO India, in Nov 6, 2024 · CFO India, in association with ACCA, hosted an insightful session in Chennai to discuss how CFOs can build trust in technologies like AI. 2 days ago · The EU is India's largest trading partner and India is the EU's 9th trading partner in terms of bilateral trade in goods. Companies maintained a steady 22% EBIDTA margin over the past four years, demonstrating effective cost management strategies. As India’s business ecosystem embraces digital transformation, Kaushik offers insights Dec 28, 2024 · India IPO Market: India's IPO market reached an impressive milestone in 2024, with proceeds doubling to USD 11. " However, he acknowledged the 3 days ago · Twenty-three percent of Indian businesses have already implemented AI, surpassing other survey markets, while 73% expect to expand AI use in 2025, well above the survey average of 52%, according to CPA Australia's Business Technology Report 2024, in collaboration with the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Alok Kumar Agarwal heads the Wholesale Group at the Company which includes the corporate and financial inclusion business. Experts believe the rupee will likely decline further amid ongoing market pressures. Dec 11, 2024 · Motilal Oswal Report: India's HNWI and UHNWI population is booming, with a 12% annual growth rate fueled by a strong economy and equity markets. Here’s how these leaders are shaping the future of their organizations—and their own journeys—through bold resolutions. menon@cfocollective. They expect growth to improve in the second half of the fiscal year as demand increases and restrictive measures ease. Seema Menon, […] Sep 22, 2023 · As China’s economy falters, India’s rise on multiple fronts, from economy to geopolitics, gains global attention and potential. The session featured valuable insights from finance experts, focusing on the challenges and governance issues associated with AI adoption and integration in financial operations. Dec 5, 2024 · Indian Startups: The domestic startup ecosystem is driving transformative change by democratising business and converting job seekers into job creators, Union Minister of Commerce and Industry, Piyush Goyal, said on Thursday. Apr 26, 2019 · An ETCFO analysis of the compensation structure of the top 1600 companies listed on the National Stock Exchange (NSE) reveals this rising trend. About Us: We are a fast-growing startup with ambitious plans to disrupt Ecommerce industry and scale rapidly. The CFO India Network, our membership based peer community, is the backbone of all we do. He also highlighted the importance of Aug 8, 2023 · Mr. The central bank may cut interest rates to support growth. 9 per cent on year-on-year (YoY) basis to Rs 5. Dec 23, 2024 · A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283. Dec 16, 2024 · Indian listed companies saw a 6% revenue growth in FY24, but profits (EBIDTA and PAT) surged by 28% and 32%, respectively. Companies are innovating and adapting to changing consumer behavior. com Experience: Hiranandani Communities (A Niranjan Hiranandani Initiative) · Education: Indian Institute of Management, Calcutta · Location: Mumbai · 251 connections on LinkedIn. Rural demand is steady, and urban demand is projected to recover. Sep 22, 2022 · Home > News News Global Roundup Corporate Economy Technology Lounge Green hydrogen corridors can help India achieve its net-zero mission goals: NITI Aayog August 25, 2022 Rupee likely to depreciate further, raises concerns of Centre and RBI August 25, 2022 Green hydrogen corridors can help India achieve its net-zero mission goals: NITI Aayog August 25, […] Oct 15, 2024 · Nagesh Bailur, CFO, Randstad India Nagesh Bailur, Chief Financial Officer at Randstad India, projects a hiring increase of approximately 20-25 per cent in GCCs over the next six months. Dec 17, 2024 · SolarSquare, India's leading home solar startup based in Mumbai, secured $40 million in its Series B funding round, marking the largest venture capital raise in the Indian solar sector. Another focus area is talent development and strategic capital allocation, CFOs aim to balance resilience and growth, leveraging advanced technologies and sustainable practices to ensure long-term value creation. 9 bn in 2024 The Indian fintech sector raised $1. Dec 18, 2024 · Financial Fraud In India: A staggering 59 per cent of Indian companies experienced financial or economic fraud in the past 24 months, according to PwC's 'Global Economic Crime Survey 2024 - India Outlook. This move aims to bolster the banks' capital and reduce expenses. But it has also thrown into relief the rise of another demographic powerhouse next door. With India’s emerging development story, changing regulatory environment, high compliance requirement, maximum governance, financial inclusion and digital transition, the role and responsibilities of a CFO is becoming more and more challenging. Dec 20, 2024 · The global economy is grappling with challenges posed by volatile financial markets, rising interest rates, and geopolitical turbulence. This microsite intends to stimulate conversations about how businesses can move towards digital transformation by leveraging intelligent automation and collaboration. CFO India recently engaged in a conversation with Kaushik Mitra, Senior Director – Cloud ERP, Oracle India, delving into the dynamic landscape of financial digitalization. One of his clients, a Rs 3000 crore-turnover Indian subsidiary of a foreign MNC is a rare company that is in fact searching for a CFO who will become a CEO in 18 to 24 months’ time. Nov 4, 2024 · Microsoft does not foresee any slowdown in technology spending in India, according to the company's India and South Asia president, Puneet Chandok, who highlighted "a lot of momentum" building around AI, particularly through 'Copilot,' and a rise in use cases across industries in a market it considers one of its fastest-growing. This growth will mirror China's growth until 2020. He has relinquished his position to pursue opportunities outside of the organisation, after a stint of about five and a half years. Join the Discussion with the Elite CFO India Network . In a reflection of the growing complexity — and influence — of the CFO’s role, they’re driving strategic, integrated business collaboration to help counter inflation, manage costs and scrutinize capital allocations in order to emerge from a downturn in a better and Dec 14, 2024 · Green Finance: India's tourism sector is experiencing rapid growth, with projections for significant economic expansion. Jan 1, 2025 · As India Inc steps into 2025, CFOs are preparing for a transformative year, seamlessly integrating strategic growth, innovation, sustainability, and personal well-being. 8 per cent of India's GDP coming from trade alone," he said. He is also the Chairman of IOC Middle East FZE. Jan 4, 2025 · FPI sold equities worth Rs 4285 Cr in just 3 trading sessions of 2025 New Delhi [India], January 4 (ANI): Foreign Portfolio Investors (FPIs) have started 2025 on a cautious note in Indian equities, with a net selling of Rs 4,285 crore in just the first three trading sessions of the year, according to data from the National Securities Depository Limited (NSDL). Seema Menon +91 97403 94000 seema. Enquiry Now The CFO Innovation Suite aims to build a forum for influential finance leaders who, as digital evangelists and transformation agents, can lead the discourse within the larger CFO community. Yet, many organisations continue to be hindered by siloed data and fragmented systems, impeding collaboration, agility, and informed decision-making. Dec 12, 2024 · Over 1,000 incubators driving India's startup boom; shift towards inclusivity and innovation: KPMG The report reveals that women own 20. Dec 26, 2024 · CFOs highlighted the importance of FDI in sustaining India’s position as a bright spot in the global economy. Discover a powerful network of fellow finance leaders from leading organizations and get peer insights into industry best practices, technology trends, and approaches suitable for solving recurring challenges in the office of finance. In a compelling virtual CFO roundtable hosted by CFO India in association Oracle NetSuite, a leading industry expert and finance leaders convened Dec 6, 2024 · Cummins India Ltd: Cummins India announced the resignation of CFO and Vice President Ajay Patil, effective January 9, 2025. Sandeep Kumar Gupta-Indian Oil Corporation. Employee expenses moderated to 13% growth, down from 17% in FY23, indicating cost optimization efforts. Catch a glimpse of our community members! The CFO Board is India's pre-eminent body of financial leaders. Q. As a result, India’s annual M&A market has doubled the previous decade’s average of USD 70bn to USD 140bn in the current decade. Financial Executives International — For networking and professional development. In an exclusive interview with CFO India, Sarvesh KP, Global Vice President and Finance Head, Moder Solutions, shares his journey in finance transformation, navigating strategic decision-making, right from setting up Global Capability Centres (GCCs) to Jan 9, 2025 · Salary Hike India 2026: Ramani Dathi, CFO of TeamLease, expects the Indian job market to recover in the next couple of quarters. About 74% of CEOs report that ESG principles are fully integrated into their operations, recognizing their importance for customer relationships and brand reputation. China’s sharp economic slowdown has raised alarm bells around the world. However, in the next two years, investments are projected to increase to 11-15 per cent, especially in IoT, robotics, and Big Data. A knowledge exchange and resource hub for modern finance leaders | CFO India was launched in 2009, with the intent of filling a void in the CFO CFO Collective builds and nurtures the CFO community in India through a 360° engagement model spanning print periodicals, digital platforms, and face to face interactions, supported by research and executive education. The group features 27 chapters and nearly 2,000 members across the U. Prior to this, he was the Chief Risk Officer of the company and the Chief Risk Officer. The round was led by Lightspeed with participation from Lightrock. 6825 per U. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25. Our aim is to create opportunities for senior finance professionals to benefit from best practices, next practices, cutting-edge insights, problem-solving, building lasting bonds through the power of networks, and developing their own leadership The CFO Collective owns and manages the CFO India brand and all associated properties – print periodicals, digital platforms, and convenings. Dec 11, 2024 · Nearly 73,151 startups in India now have at least one woman Director -- nearly half of the 1,52,139 startups supported by the government, thus showcasing the crucial role women play in driving innovation and economic growth, a government statement said on Tuesday. CFO India | 11,512 followers on LinkedIn. Dec 7, 2024 · India Billionaires Surge: India will see a surge in billionaire entrepreneurs. 9 billion in 2024, keeping its position as one of the top three globally-funded fintech ecosystems last year, behind the US and the UK, a report showed on Monday. Shobinder Duggal currently serves as the Director of Finance and Control and the Chief Financial Officer (CFO) of Nestle India, bringing a wealth of experience accumulated over nearly 35 years within the Nestle organization, both in India and Switzerland. Apr 25, 2024 · Demand For CAs In India: ICAI President Ranjeet Kumar Agarwal projects a surge in demand for chartered accountants, supporting India's aim of a $30 trillion economy by 2047. 5% of all micro, small, and medium enterprises (MSMEs) in India, while 45% of startups now emerge from tier II and III cities, marking a shift towards regional entrepreneurial growth. Dec 18, 2024 · Oil India Limited: Majumder is also going to hold the position of Director (Finance), the appointment for which took place on 20th of November this year, as stated by Oil India in an exchange filing. India has many publicly listed family Dec 24, 2024 · Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs In a significant year for the Indian startup ecosystem, 13 new-age companies launched their initial public offerings (IPOs), as startups cumulatively raised more than Rs 29,200 crore from the stock market. . Dec 7, 2024 · These are confident times for CFOs in India, characterised by the optimism of its buzzing economy. 25. Nov 8, 2024 · A report by Angel One Wealth highlights how India is winning the race, as reported by Times Of India. 9 per cent over the last 12 years, according to a commercial property rental index launched by the Indian Institute of Management-Bangalore (IIM-Bangalore) in collaboration with CRE Matrix. The Indian government now faces the task of evaluating how the election result will impact trade negotiations, existing agreements, and opportunities for new deals. Join us at the CFO Next India Forum and be at the forefront of finance transformation in India. who actively drive the organization through feedback, recommendations, and Dec 27, 2024 · India GDP Growth: India’s government partly blames the central bank’s tight monetary policy for weak economic performance. Nov 5, 2024 · India's government has put forward a proposal to consolidate the country's regional rural banks from 43 down to 28. The session was chaired by Ms. Oct 22, 2022 · Mr. Mr. India continues to be world's largest growing economy: IMF director. This platform actively seeks to engage these agents of change to discuss pertinent issues, share best practices and collectively drive trade and Dec 24, 2024 · India is doubling down on its small satellite and data services market to carve out a leading role in the global commercialization of space. Oct 25, 2024 · As professional services firms grapple with the escalating challenges of economic uncertainty, evolving customer demands, and internal growth pressures, technology has become indispensable. REA Cyber City will enhance REA's delivery capability and accelerate its future growth by providing access to key skillsets and world-class talent in India. Jan 3, 2025 · India IPO Boom 2024: India's IPO boom in renewable energy and other sectors has skyrocketed several entrepreneurs to billionaire status, with strong domestic equity inflows and upcoming significant listings like Flipkart and PayU, despite anticipated market corrections due to global tensions and economic headwinds. 2 trillion rupees to 660. He emphasized the role of businesses in driving economic growth. Here are the major developments from Union Budget 2025 that matter the most for India Inc and the CFO community. The liquidity deficit dropped from 2. According to the Inc42 report, "The average salary of startup founders in India declined by 26. Jan 6, 2025 · The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of female-led startups increased by over 90 per cent in 2024. He also emphasizes on the pivotal role of digitalization and the institute's initiatives for skill enhancement and global alignment with mutual recognition agreements. In contrast, socio-emotional skills are more important in service-oriented markets like the USA and the EU, with 39% and 41% prioritizing these areas, respectively. Rapid urbanization and digitalization are key drivers. Today’s dynamic business landscape demands CFOs to adopt agile, data-driven tools that offer real-time visibility and improve financial accuracy. 3 billion. Jul 27, 2022 · From Left to Right: HCL Tech CFO Prateek Aggarwal, Wipro CFO Jatin Dalal, and Infosys CFO Nilanjan Roy IT major Wipro Chief Financial Officer (CFO) Jatin Dalal 's remuneration saw an increase of 62. Jun 24, 2024 · Companies like Esri India have benefited from these changes, realizing substantial cost savings and operational efficiencies. Dec 11, 2024 · Indian pharmaceutical companies, which benefited from sector tailwinds such as stable generic pricing and shortage-led opportunities and stable costs of raw materials in the past 18-24 months, will make further progress in differentiated and complex generics in the US market in 2025, a report showed on Wednesday. Nov 20, 2024 · What kind of difference NextGen can make in a CFO's dashboard? Since this question is top on the list of the CFO community, ETCFO is launching its first edition of NextGen conclave. He has been lauded for his contributions to the “transformative journey” of the company in recent years. Nov 5, 2017 · “It is a relevant question at this point in time,” says Kris Lakshmikanth, Chairman & Managing Director at the executive search firm, Head Hunters India. Jan 6, 2025 · New Delhi, Jan 6 (IANS) For the Indian IT sector, the macro-economic environment is far better placed than it has been in the last two years which should drive a revival in 2025, according to a report on Monday. At CFO Collective, Aashna is tasked with growing the community engagement programmes and driving CFO India’s proposition across the partner community. Nov 11, 2024 · Singapore Airlines will make an additional investment of Rs 3,194. The rupee hit an all-time low of 84. View Sumit Agarwal’s profile on LinkedIn, a professional community of 1 billion members. Mr Sandeep Kumar Gupta is the CFO of Indian Oil Corporation. 24, 2024 /PRNewswire/ -- REA Group has celebrated the official opening of REA Cyber City, a new innovation hub located in Gurugram, India. The report Dec 26, 2022 · As CFOs navigate a laundry list of high-stakes challenges heading into 2023, they’re still charting a path to growth. The event brought together over 150 finance People who searched for jobs in India also searched for cfo controller, finance director, chief operating officer, chief finance officer, director of financial reporting, senior finance manager, financial director, vice president financial planning and analysis, director of finance, vice president of finance. However, organized wealth management penetration remains low, creating opportunities for expansion. As many as 147 companies in the report met the qualifying criteria to feature in the 'BMI Growth Tracker', with a combined turnover of Rs 3,923. Nov 11, 2024 · India is poised to prioritize climate finance accountability and safeguarding vulnerable communities at COP29 in Baku. 2024 brought high costs and inflation, slowing growth. 5 crore in Tata Group-owned Air India post-merger of Vistara in November. CFO India nurtures the CFO community, across sectors, through a comprehensive engagement model. 5 crore as an annual salary in FY24. Dec 18, 2024 · A staggering 59 per cent of Indian companies experienced financial or economic fraud in the past 24 months, according to PwC's 'Global Economic Crime Survey 2024 - India Outlook. community brings together finance executives from tech-enabled companies with in-person events. Flender India's business has more than doubled over the past three years and it plans further investment for rapid growth. Challenges remain, particularly for SMEs, including high Dec 26, 2024 · About 84% of C-suite executives in India anticipate major transformations in 2025 due to the emphasis on GenAI integration. Nov 11, 2024 · Nagesh Bailur, CFO of Randstad India, believes that while the US presidential election results will have mixed effects, certain sectors in India stand to gain. The market for such services, increasingly key for industries ranging from telecoms to climate monitoring, is projected to reach $45 billion by 2030. Financial Executives International (FEI) advocates for the views of corporate financial management and offers targeted content and networking opportunities not readily available in 1 day ago · India has over 300 mobile manufacturing units, exports surpass Rs 1. Oct 10, 2023 · Of the 635 UK companies, 68 per cent are classed as micro, small and medium enterprises (MSMEs) and 60 per cent have their parent firm headquartered in London. India, while being one of the world’s fastest-growing economies, faces a unique duality Jan 7, 2025 · Mercedes-Benz India: Ozer will replace Evren Cakabey, who has taken on the role of Executive Director and CFO at Mercedes-Benz G GmbH in Austria, also effective January 1, 2025, the company stated. While near-term challenges may temper growth expectations, the underlying resilience of India’s economy and its corporate sector offers ample opportunities for long-term value creation. CFO India recently spoke to Anil Narang, CFO of Esri India, to find out how he is navigating the complexities of the geospatial industry and positioning his organization for sustained growth in a rapidly evolving market. Heads of independent finance domains (such as Taxation, […] Dec 13, 2024 · OUTLOOK 2025: As the new year unfolds, India Inc stands at a crossroads where strategic decision-making will determine its trajectory. Explore latest digital innovations and technologies that are revolutionizing the finance sector in India. According to Deloitte’s 2023 APAC CFO Survey, 94 percent of Indian CFOs are confident in the nation's economic prospects—the highest across the region—and 85 percent maintain a positive outlook for their organisations. This marks a significant leap from 1991-92 when trade accounted for just 17. 88 open jobs for Cfo in Bangalore. It brings together 100 CFOs who are clearly a cut above the rest and honours their achievements from the previous calendar year in areas such as A Chartered Accountant by qualification with over eight years of experience, Aashna brings unique insights and understanding of the finance function to CFO India. Oct 15, 2024 · Indian companies are increasingly adopting Generative AI (GenAI) to maintain a competitive edge in an era of rapid technological advancements. 01% in FY22, the highest among CFOs of top IT firms in India during the period under review. If you're getting few results, try Dec 30, 2024 · Technology Adoption In Manufacturing: Manufacturers in India recognise technology adoption as crucial for profitability and competitiveness, yet most investments are modest, below 10 per cent of budgets. 5 billion, driven by increased retail participation and domestic inflows. Founded in 2016, CFO. CFO India, a leading finance and business publication, recently organized the 13th edition of its prestigious CFO100 Conference & Felicitation Ceremony at Holiday Inn, Sahar, Andheri-East, Mumbai. India has improved its position by eleven slots and is now placed at 49th rank as per the Network Readiness Index 2024 (NRI 2024) report released on 21st November 2024, as against the 60th rank scored in the NRI 2023 report. The Indian economy grew at an impressive 7. dollar, prompting interventions from the RBI. Nov 14, 2024 · About CFO. Jan 13, 2025 · Indian fintech sector 3rd largest globally-funded ecosystem, raises $1. Nov 16, 2024 · 2024 US Presidential Election: The US, being the world’s largest economy, plays a crucial role in shaping global market sentiment, with India maintaining strong economic ties in this context. Their collective wealth has nearly tripled. 4 billion rupees, easing banks' overnight borrowing costs and aligning the rate with the central bank's policy repurchase rate. However, Anoop Bali, Managing Director and CFO of Tourism Finance Corporation of India, highlights, sustainability is key for long-term success. These banks, which primarily serve rural communities, held a combined 6. Founded in 1899 in Bocholt, Germany, with a focus on wooden pulleys, Flender established its first manufacturing facility in India in 1961. This surge is fueled by companies seeking scalable workforce solutions that are both cost-effective and adaptable to changing market conditions. Highlights include workforce composition, informal sector dominance, technological impacts, and strategic insights into the evolving role of staffing companies in facilitating Dec 30, 2024 · Indian equities were buoyant amid a challenging and eventful year with higher volatility. He has remained the CFO of the company since 2019. Oct 14, 2024 · At IMA India’s recently held Annual CFO Strategy Roundtable, Karthik Muralidharan, Tata Chancellor’s Professor of Economics at the University of California, San Diego, highlighted India’s promising growth trajectory but cautioned about the deep-rooted challenges that hinder its full potential. 2. The government's focus on infrastructure and capital expenditure further contributed to India's market dynamism. 5 days ago · Union Budget 2025: FM Nirmala Sitharaman's Budget Highlights that Matter for India Inc. A leader is not only the one who commands, but also communicates and establishes a sense of belongingness in the team, top CFOs told ETCFO. 6 trillion rupees in deposits as of March 31, 2024. " Dec 21, 2024 · Outlook 2025: Large private equity (PE) deals, high-profile corporate mergers such as Reliance–Disney, Adani–ACC and Ambuja, and Mankind’s acquisition of Bharat Serums, along with a surge in IPO activity, have fuelled the M&A boom. The CFO100 Programme annually recognises the top 100 senior finance professionals in India who have made a difference with their acumen, attitude and leadership. Family businesses have played a crucial role. Jan 3, 2025 · Find more details about each community below. She urges India Inc to reassess compensation policies to address rising attrition and employee dissatisfaction. kampani@cfocollective. 8% annual rate in […] Dec 20, 2021 · The Annual CFO Leadership Conclave is an initiative to bring together senior finance leadership representing the most influential companies in India at an off-site location each year for three days. S. 5 hours ago · By Bharath Rajeswaran - India's financials accounted for nearly a third of the foreign sales from the country's equity markets in January, highest outflows among sectors, data from the National Securities Depository Ltd. (NSDL) showed on Thursday. Nov 27, 2024 · With cost pressures mounting, 91% of Indian firms plan finance budget reductions: EY New Delhi [India], November 27 (ANI): Cost pressures have emerged as the top concern for Indian companies, as 91 per cent companies are planning to reduce their tax and finance budgets, reflecting the impact of financial strain on corporate operations, said a EY report. Organisations today emphasize investment to align GenAI strategies with broader business goals, which is expected to shorten the existing gap in the deployment of the technology GenAI in the New Year, according to a report by NTT DATA. Dec 14, 2024 · Kumar Mangalam Birla encouraged Indian businesses to boost investment. Dec 23, 2024 · India's FMCG sector expects a 2025 rebound. It will chronicle best 1 day ago · Global Capability Centres India: India is leading the global capability centre (GCC) race and GCCs are expected to generate 10 lakh jobs in the country in the next six years, a report showed on Wednesday. Birla's group and other companies have started large capacity expansions. Mitra discusses trends, cloud solutions’ impact on CFOs, and the Generative AI’s transformative role in corporate finance. Dec 19, 2024 · ESG commitments gain momentum Environmental, Social, and Governance (ESG) strategies remain central to Consumer and Retail businesses. Dec 25, 2024 · Deepesh Baxi joined Castrol India in 2019 in the role of financial controller and took over as its CFO in January of 2021. Kishore Nuthalapati, CFO of BEKEM Infra Projects, noted, "2024 will be remembered for the record FDI flows into India, with the government’s commitment to investing Rs. 2 billion from 2023's USD 5. ugoyys bghrh hyosya kzdcqi fwdycae bcux eihqloh ftwymey yarq wsbcwxm dhiprtb muaaexiqu hdub bzf hbohec