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MINI CFO STRUCTURE
Adani Group set up on mini-America model, no need for external capital: CFOAdani Group CFO Jugeshinder Singh stated that the conglomerate is self-sufficient, with no need for external capital to fund its $100 billi...- Pepperfry FY23 report card; Microsoft’s Ahmed Mazhari on India’s role in AI adoptionOmnichannel furniture retailer Pepperfry narrowed losses slightly to Rs 187.6 crore in FY23 from a year ago while operating revenue grew mo...
- There continues to be stock-specific, sector-specific opportunities in mid and smallcaps: Anshul Saigal“We believe the capex cycle in the Indian economy is just starting and over the next one to two years we may see much more of this play out...
- We are pitching on India core growth story, simplifying portfolio: Koushik Chatterjee, Tata SteelCrack in steel prices is normalisation from the peak, not demand destruction, says Tata Steel CFO.
- TCS restructures its business units to focus on long-term strategy200 employees given charge of business units as firm looks to free up seniors for long-term growth.
- Hit by mounting losses Nissan-Ashok Leyland LCV JV hits breaking pointThe relationship between the two partners have also become frosty, ever since ALL took a write-off for impairment the fiscal ended 31 March...
- Infosys creates mini-CFO structure for its business unitsThe $7.5-billion Infosys is creating a mini CFO structure that gives greater autonomy to finance heads within business units.
- Wipro revenues jump 18% in Q2; Net profit rises by 1.24% to Rs 1,301 croreRevenue for the July-September quarter increased by 18% and profit stopped forecasts, but margins came under pressure because of higher wag...
- Promoters' holdings increase in GrasimThere has been an increase in the promoters’ shareholding of the Kumar Mangalam Birla-owned Grasim Industries in the December quarter to 25...
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