STEPS TO BECOME CFO

How mid-career professionals can prepare for C-suite roles

Very few organisations have an effective talent development or leadership development function that focuses on a sustained leadership career development path for mid-career professionals, says Gibin Varghese, Partner, WalkWater Talent Advisors. So employees in mid-career stages need to consciously work on managing their careers and its development, he says.

Sony, Zee will conclude merger, won't let top job become a dealbreaker: Experts

Abhijit Joshi, managing partner at Veritas Legal said a scheme, once approved by all the authorities, should typically proceed subject to the conditionalities as per the scheme. "Typically, there is a lag between the approval from the court or tribunal and the effectiveness of the scheme. The scope of withdrawal will be limited and will depend on conditionalities to its effectiveness under the provisions of the scheme," he said.

Google Lens on India: Steps the tech giant is taking to cement its position in the country

The tech giant is currently in a prolonged battle with New Delhi on various issues. ET finds out if an array of recent announcements, such as manufacturing in India and offering credit access, can pull it out of the crisis.

Infosys, HCLTech report Q2 profits; Groww becomes India’s largest stockbroker

Indian IT majors Infosys and HCLTech reported profits for the second quarter of FY24, despite numerous headwinds plaguing the sector. This and more in today’s ETtech Top 5.

How to Become a CXO: Skills and Qualifications for Mid-Career Leaders

Businesses are recognizing the need to enhance both employee experience (EX) and customer experience (CX) in order to remain competitive. This has led to the emergence of the Chief Experience Officer (CXO) role, whose responsibilities include collaborating with different departments to improve customer experiences and ensuring that employees uphold the brand promise.

How CXOs Can Become More Effective Communicators

Effective communication is a crucial leadership quality for CXOs. This article provides 10 tips for CXOs to enhance their communication skills in the corporate environment. It emphasizes the importance of clear and confident communication to engage audiences and motivate action.

IIM Indore's CFO Programme: Unlock Your Financial Leadership Potential

IIM Indore offers the Future Ready Chief Finance Officer Program, designed to equip participants with the skills and knowledge needed to excel as a modern CFO. The program focuses on adapting to evolving roles, guiding CFOs in making sound decisions, and driving financial prosperity. It is aimed at professionals with five or more years of experience and covers financial services, strategic thinking, leadership, and execution proficiency. The program prepares participants for the challenges and responsibilities of the CFO role, providing practical expertise for navigating the position successfully.

10 Digital Steps to Become a Successful CFO

The Covid-19 pandemic has underlined the urgency for companies to adopt digitalisation in their operations. However, a CFO survey reveals that finance departments' output has dropped by up to 80% since the pandemic started.

How To Become Chief Financial Officer

Chief Financial Officers (CFOs) are responsible for managing a company’s finances, evaluating its financial strengths and weaknesses, suggesting remedial measures, and monitoring cash flow and financial planning to maintain financial security.

Dabur CFO talks on highest turnover in a quarter, volume growth & clarifies on honey

"We had to take 6-7% price increases last year and a significant part of the flows through them are coming. But the good point is that we are seeing an uptick in volume, both rural, urban, and in largely all the categories. Over the last three-four quarters, volume growth was nearly flattish, but now there is an uptick."

Will Tata Motors enjoy a twin-engine effect for the next 2-3 years? Here’s what CFO Balaji says

“India PV business continues with their plan because we do expect that even if we assume that 30% of the auto market will become electric, the remaining 70% is still ICE. Therefore, we will continue to have offerings on that front. There is a clear rub-off from the EV business onto the PV business in terms of brand salience, as well as the brand imagery.”

From iconic 'Singapore Girl' to a woman CFO, SIA has flown a long way

The insider Tan rising to become its first woman CFO is a definite milestone for Singapore Airlines which has been criticised by many for stereotyping of Asian women through its Singapore Girl branding. More so in an industry where women are under-represented in top positions. According to a study by FlightGlobal, a leading aerospace publisher, only seven of the world’s top 100 passenger airlines are led by women — a total that represents a high point in five years of data.

Revolut CFO Mikko Salovaara departs after two years in the role

The 31-year-old executive, who joined the London-based start-up in 2021, had resigned "for personal reasons", a spokesperson for the company said.

50% of the sale proceeds will stay in Raymond Consumer Care: Gautam Hari Singhania, Raymond

So, 100% of my equity holding in the consumer company I am leaving back in the company, I am not taking a single rupee out of it. So, my 50% of the sale proceeds will stay in Raymond Consumer Care and as a promoter I am putting 100% of my sales proceeds back into the business.

All is well, but it can always be better. We will have to play it one step at a time: TCS CFO

Despite some caution and risk aversion in the near term due to macro uncertainty, TCS has succeeded in securing long-term transformation deals worth $10bn, with $5bn coming from the US. Although Q4 results did not meet expectations, and with uncertainties impacting growth in the next 15 to 18 months, TCS is optimistic that technology spending will continue to drive growth. According to CFO Samir Seksaria and CHRO Milind Lakkad, TCS believes it is well positioned to manage volatility with its long-term cost structures.

SAS Autosystem acquisition to grow annual revenue by Euro 1 bn for next 3 years: SAMIL CFO

​We had already started in some portions in Germany and in different countries but with this we get into the whole mechanics of actually supplying and working together with the car markers and supplying and getting their confidence.

Founders not involved in speculative activity, says Adani Group CFO

The report said the Carmichael project's rail assets were transferred from AEL to the promoter's private company and the latter immediately wrote off their value, implying that AEL overstated revenue. However, AEL had fully booked the write-off on its books and the family company simply copied that accounting, as per the advice of the relevant auditor. "This is not ignorance or a mistake but a deliberate attempt to mislead," he said.

ShareChat cofounders Farid Ahsan and Bhanu Pratap Singh to step down

Sharechat cofounders Bhanu Pratap Singh and Farid Ahsan will step down from their active roles at the social media platform, cofounder and CEO Ankush Sachdeva told staff in an internal email. His note said that both Singh and Ahsan will remain on the company's board.

BharatPe appoints CFO Nalin Negi interim CEO as Suhail Sameer steps down

Suhail Sameer’s exit comes at a time when the New-Delhi-based fintech is struggling to cope with an exodus at the leadership level.

BharatPe CFO Nalin Negi to become interim CEO; Satya Nadella all praise for India’s digital infrastructure

BharatPe CEO Suhail Sameer, who had a fallout with ousted cofounder Ashneer Grover last year, is set to step down from his post this week. CFO Nalin Negi, who was brought in from SBI Cards last August, will be interim CEO until BharatPe finds a permanent replacement, the company said.

CEO-CFO Partnership Critical for Creating Long-term Value

Adani Enterprises Group CFO on the road ahead, capex plans & more

“As for Adani Airports, we are nearly 90% of pre Covid numbers which is a little ahead of schedule that we had forecast in our investment case. We thought that this would be achieved some time in 2023 but we are already there and so that is a good aspect. It is largely driven by the fact that the Indian consumers are doing well, inflation is contained and people are travelling.”

ETMarkets Management Talk | Recession will be followed by boom in Indian IT: Tech Mahindra CFO Rohit Anand

"My assessment of the current situation is that if there is a recession, the impact of a lurking US economic slowdown will possibly be seen for a short period here as well, only to be followed by a boom in Indian IT, as the value proposition of India for IT talent at scale is intact."