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1 hr ago


WHAT ARE THE TOP RISKS CFOS MAY FACE IN 2023?

In the riskiest business environment in more than ten years, talent woes
continue to top the list of concerns of business heads.


LATEST NEWS

 * 5h hrs ago At 57.8, India's manufacturing PMI in December rises to highest in
   26-months
 * 2h hrs ago Capex to be driver of economic engine
 * 2h hrs ago At 3.8 million units, PV sales surpass pre-covid peak in '22
 * 2h hrs ago China COVID crisis: Worried over supply chain disruptions,
   consumer durable makers stocking up on inventories
 * 2h hrs ago Banks set for strong loan growth in Q4
 * 2h hrs ago Corporate tax to GDP ratio crosses 3% in 2021-22, first time in
   two years
 * 2h hrs ago NARCL plans improved Rs 1,200-cr offer for Videocon Oil and
   Ventures
 * 2h hrs ago RK Krishnakumar, a Tata veteran, passes away at 84
 * 1h hrs ago EVolving India Inc plans to drive ahead on battery power

View More
4 hrs ago

BUDGET 2023: GROWTH & MANUFACTURING FOCUS WITHIN FISCAL CONSOLIDATION THEME

Echoing finance minister Nirmala Sitharaman’s statement that fiscal 2024 budget
will follow the spirit of the earlier ones, economists expect it to be a
pragmatic, rather than a populist, budget, even though this is the last full
budget before the 2024 general elections.

4 hrs ago

GST COLLECTIONS GROW 15 PC TO RS 1.49 LAKH CR IN DECEMBER

The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of
which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore
(including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005
crore (including Rs 850 crore collected on import of goods).

1 day ago

EMERGING FROM CRISIS: A HAPPY NEW DECADE FOR INDIA

ET has invited a galaxy of experts to share their perspectives on the potential
that can be unleashed in some key sectors. Ridham Desai of Morgan Stanley feels
policies put in place during the pandemic have set the stage for India to become
the third-largest economy in the world by end of the decade.

2 days ago

TALENT CHALLENGES AHEAD: IT'S BACK TO BASICS FOR COMPANIES IN 2023 AFTER YEAR OF
THE BIG QUIT

From rushing to hold on to the critical talent and devising ways to stem
attrition in 2022, companies will focus on growing and building the talent pool
in 2023 as they prepare for potential economic uncertainty and volatility,
according to the findings of an ET-Aon survey on corporate India's people
priorities and challenges for 2023.

3 days ago

WHAT ARE THE TOP PRIORITIES OF CFOS IN 2023?

Cost management, financial performance, and both inorganic and organic growth
are on top of the minds of finance honchos as they enter the New Year.

4 days ago

OUTLOOK 2023 : HOW BULLISH ARE INDIA INC CFOS?

In several interactions with ETCFO, leading India Inc CFOs pointed to several
measures such as Make in India and PLI schemes, robust demand that will keep the
economy ticking over the next few months.

5 days ago

GST: GOVT CLARIFIES ITC WON'T BE DISALLOWED FOR FY18, FY19 MISMATCHES IN
BONAFIDE ERRORS

The industry had contended that the system-generated statement of the inward
supplies had not been made available to them on the common portal during the
initial stages of the implementation of GST.

View More


TOP FEATURED STORIES

5 days ago


WRAP 2022: INDIA INC’S MOST DISCUSSED CFO APPOINTMENTS THIS YEAR

From Auto to Aviation and Fashion to Finance every sector witnessed a shuffle in
the top position in the Finance domain – the CFO. The story behind the new
entrant in this position has been vibrant. Some were appointed amid internal
controversies while others post-smooth retirement. At ETCFO, we have curated the
list of most-discussed CFO appointments this year with a brief backgrounder:

 * WRAP 2022: HERE’S THE LIST OF TOP 5 MOST DISCUSSED CFO RESIGNATIONS

 * SEBI SHOULD BE MORE SENSITIVE TO VALUATIONS, MUST ACT AGAINST ERRANT MERCHANT
   BANKERS: AMARJIT CHOPRA

 * CFOS SAY GDP REVISION WORRYING BUT CLING TO INDIA GROWTH STORY

 * JOINT AUDIT MAY NOT IMPROVE QUALITY: GLOBAL ACCOUNTING BODY ACCA CHIEF

View More


CFO LEDGER

 * Anjali Bhadbhade - CFO, DHL Express India
   
   ROLE OF CFO IN BUILDING AN EFFECTIVE ESG ECOSYSTEM

 * Ajay Goel - Acting CFO, Vedanta
   
   BUDGET 2022: ACCELERATE DISINVESTMENT PROCESS, INITIATE POLICY REFORMS FOR
   OIL & GAS SECTOR

 * Harish Kumar Agarwal - CFO, Kamdhenu Group
   
   BUDGET 2022: SIMPLIFY EASE OF DOING BUSINESS

 * Kunal Sanghavi - HDFC Securities, CFO
   
   WHAT DOES 2022 HOLD IN STORE FOR CFOS?

 * Harish Kumar Agarwal - CFO, Kamdhenu Group
   
   AUDITORS TO CONTINUE FACING HEAT FROM SIX REGULATORS

 * Chirag Mavani - CFO, The Souled Store
   
   REALMS OF PROFITABILITY IN THE ERA OF START-UPS AND CASH-BURN

View More


ECONOMY NEWS

6 days ago


INDIA TO BECOME $10-TRILLION ECONOMY BY 2035: CEBR

However, over the next five years, the annual rate of India's GDP growth is
expected to average 6.4%, after which it is expected to grow at average 6.5% in
the subsequent nine years.

 * 9 days ago
   
   IMF PROJECTS 6.8% GROWTH IN CURRENT FISCAL FOR INDIA, SAYS COUNTRY'S FISCAL
   SPACE IS AT RISK

 * 20 days ago
   
   AT 5.8%, INDIA'S RETAIL INFLATION EASES TO ELEVEN-MONTH LOW IN NOVEMBER

 * 26 days ago
   
   RBI RAISES INTEREST RATES BY 35 BPS, CUTS FY23 GDP GROWTH FORECAST TO 6.8%

 * 26 days ago
   
   WORLD BANK SEES INDIA'S GROWTH AT 6.9% THIS YEAR

View More


INTERVIEW



 * COVID OR NOT, SULA’S GROUP CFO IS TAKING HOME WINE CONSUMPTION BET INTO 2023

 * HOW VINEET HARLALKA MANAGES CS AND CFO RESPONSIBILITIES AT THE SAME TIME

 * WAYCOOL CFO EYES 3 EBITDA-POSITIVE QUARTERS BEFORE 2025 LISTING

 * CFOS MUST BUILD TALENT FOR THE LONG-TERM: RAVI VISHWANATH, QUESS CORP

 * TECH M CFO SAYS RECESSION INTENSIFYING BUT IMPACT TO BE TEMPORARY

 * DIGITAL LENDER AXIO'S CFO SAYS KEEN ON BUILDING A SUSTAINABLE BUSINESS

 * PROJECT EXECUTION TOP FOCUS: THYSSENKRUPP INDUSTRIAL SOLUTIONS INDIA CFO

 * MOONLIGHTING WILL IMPROVE PRODUCTIVITY; FIRMS SHOULD EMBRACE: QUESS GROUP CFO

 * YULU CFO EYES GREEN LOANS; SCALING TOP FOCUS

 * TECH MAHINDRA CFO BACKS MOONLIGHTING BUT SAYS EMPLOYEES MUST DISCLOSE

 * HOW MEDANTA GROUP CFO HELPED THE COMPANY GO PUBLIC

 * HOW RENEWBUY CFO PLANNING TO TURN THE INSURTECH FIRM PROFITABLE IN 12 MONTHS

 * MSWIPE CFO SAYS FOCUSING ON EXECUTION TO ACHIEVE OVER 2X GROWTH NEXT 18
   MONTHS

 * WIPRO ENTERPRISES CFO AIMS TO MAINTAIN DOUBLE-DIGIT GROWTH IN FY23 AMID
   RECESSION MURMURS

 * HOW SAMIL CFO IS DEALING WITH AN UNCERTAIN ENVIRONMENT

 * QUALCOMM CFO SAYS CO’S INDIA 5G STRATEGY IS IN LINE WITH GLOBAL STRATEGY

 * EARLY-STAGE STARTUPS PARTY HAS ONLY BEGUN: 100X. VC CFO

 * AMAZON SALE SHOWING NO SIGN OF MUTED CONSUMER SENTIMENT: MANISH TIWARY

 * CARDEKHO CFO AIMS TO ACHIEVE EBITDA LEVEL PROFITABILITY BEFORE IPO IN 2023

 * MY TOP FOCUS IS ON EXECUTION: FEDERAL BANK CFO

View More


MORE FROM ETCFO

 * 5h hrs ago
   
   
   AT 57.8, INDIA'S MANUFACTURING PMI IN DECEMBER RISES TO HIGHEST IN 26-MONTHS
   
   With business conditions improving to the greatest extent in over two years,
   India's manufacturers ended 2022 on a sweet note.Manufacturers scaled up
   production and the upturn in output was sharp and the best seen since
   November 2021, S&P Global India survey showed on Monday.

 * 2h hrs ago
   
   
   CAPEX TO BE DRIVER OF ECONOMIC ENGINE
   
   The Ratings Round-Up published by Crisil Ratings on October 2022 highlighted
   positive credit quality outlook for India Inc stemming from resilient
   domestic demand, continuing infrastructure-driven investments and
   strengthened balance sheets.

 * 2h hrs ago
   
   
   AT 3.8 MILLION UNITS, PV SALES SURPASS PRE-COVID PEAK IN '22
   
   "Demand seems to be good. Last month, enquiries as well as bookings were at
   elevated levels", informed Srivastava, adding, "We have to monitor customer
   demand going ahead to assess the impact of the increase in vehicle prices due
   to implementation of certain regulatory norms." Maruti Suzuki grew sales by
   16% to sell 1.58 million vehicles in the year. Meanwhile, Korean auto major
   Hyundai Motor India recorded highest-ever domestic sales since its inception
   of 552,511 units in 2022 with a growth of 9.4%.

 * 2h hrs ago
   
   
   CHINA COVID CRISIS: WORRIED OVER SUPPLY CHAIN DISRUPTIONS, CONSUMER DURABLE
   MAKERS STOCKING UP ON INVENTORIES
   
   The consumer durable makers normally maintain inventory for about a month,
   but they are now increasing it to cover at least 2-3 months.

 * 2h hrs ago
   
   
   BANKS SET FOR STRONG LOAN GROWTH IN Q4
   
   Public sector banks have outperformed private banks in the recent past. Banks
   also expect margin trajectory to remain robust, while an improving
   asset-quality resolution should provide further fuel to profitability.

 * 2h hrs ago
   
   
   CORPORATE TAX TO GDP RATIO CROSSES 3% IN 2021-22, FIRST TIME IN TWO YEARS
   
   Net corporate tax collection in 2021-2022 stood at Rs 7.12 lakh crore, which
   works out to 3.01% in terms of the ratio to GDP. At current market price, the
   collections stood at Rs 236.64 lakh crore.

 * 2h hrs ago
   
   
   NARCL PLANS IMPROVED RS 1,200-CR OFFER FOR VIDEOCON OIL AND VENTURES
   
   Lenders rejected NARCL's ₹860-crore offer in mid-November because it was very
   low. At a meeting in December between the lenders and NARCL, lead bank State
   Bank of India had asked NARCL to make an improved offer. NARCL did not
   respond to ET's queries.

 * 2h hrs ago
   
   
   RK KRISHNAKUMAR, A TATA VETERAN, PASSES AWAY AT 84
   
   The Padma Shri awardee suffered a heart attack at his home in the financial
   capital on Sunday.

View More


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EDITOR'S NOTE

 * 2022 - A YEAR OF PERMACRISIS, POLYCRISIS

 * MAXIMUM INDIA AT G20

 * ARJUNA AND INDIAN INFLATION

 * ARSENAL OF THE NEXT-GEN CFO?

 * THE CURIOUS CASE OF NYKAA CFO’S RESIGNATION

 * LAYOFFS, RECESSION AND JOBS

 * CFOS BIGGEST CHALLENGE: TALENT CRUNCH

 * THE SPEED OF CONVERSION FROM CFOS TO CEOS

 * THE BUSINESS OF GOOGLE

View More


THE CFO WALL

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 * Sandeep Katiyar Arya.ag Full Detail
 * AAKARSHAN MOOKIM Macmillan Education India Full Detail
 * Sandeep Kejriwal Virtual Forest Full Detail
 * Dharmender Tuteja Dalmia Bharat Group Full Detail
 * Prateek Chandra IndiaMART Full Detail
 * Amitesh Sinha SIMA Funds Full Detail
 * Suranjit Mishra Tata Power Delhi Distribution Full Detail
 * Mihir Modi Sterlite Technologies Full Detail
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