Hope King, founder of Macro Talk, noted that women are often appointed during times of crisis. 'They’re seen as detail-oriented, thoughtful in their approach, and relentlessly hard-working,' she said.
Manish Bajoria, a chartered accountant with over two decades of experience across Amazon, Hindustan Unilever, and most recently, Vini Cosmetics, will lead all financial operations at BigBasket.
Mathenz has quit citing personal reasons, sources told Moneycontrol. Pine Labs is yet to pick a successor and name a new CFO.
Sriram Venkataraman will continue to be the CFO of the Flipkart Group, the memo, reviewed by Moneycontrol, showed.
Promoter Bupa increasing its stake in Niva Bupa would depend on liquidity conditions, he said. "We’ll continue to look for opportunities in group accounts, but retail will remain our primary focus," Mahendra said.
While there are indications of a broader normalisation of stress in the retail credit cycle, personal loans to require a few more quarters to improve, says Chaudhry
'In today’s context, CFOs are no longer just responsible for financial management,' Meenakshi Dagar said. ;They are advisors who help the business grow while also fulfilling their fundamental responsibilities.'
Rastogi will join the firm from Pune-based chemicals firm Deepak Fertilisers and Petrochemicals Ltd, where he serves as the president and group CFO
The management has asked the CFO to surrender his identity card and has instructed him to 'not enter the work premises' during the period of suspension without approval. The CFO has also been asked to not leave the station with written permission. The order of suspension was signed by AK Bagchi, the managing director at OMDC.
Kapooria is also Blinkit's first full-time designated CFO in around two years. The move to have a full-time CFO comes just a few months after Zomato said Blinkit is the company’s most important business division and that the vertical will be even bigger than its core food delivery business
In addition to his role as CFO, Gupta will also work on strengthening the corporate governance mandate at Lenskart.
In his resignation letter, Dugar said that he will be pursuing a career outside the organisation.
Honasa’s strategic shift towards direct distribution will cover 7 out of 8 metro cities. This shift lessens the dependence on super distributors. Furthermore, a distribution management system now captures over 90% of secondary sales.
The company plans to drive growth more through joint ventures and partnerships rather than mergers and acquisitions. It aims to capture a 15 percent to 20 percent IT hardware market share over the next two to three years.
TeamLease Services CFO Ramani Dathi says a gap, however, remains in terms of volume, as GCCs hire only a fourth of what IT firms used to
Before joining Ola, Gupta worked as the vice president and regional CFO of Asia Pacific, Middle East and Africa of Procter and Gamble for nearly 17 years.
Tarakkad will be based in Mumbai and assumes his role from March 1, the company has said
These changes come at a time when Ather is gearing up for a public listing in the next year, and months after it raised funds from existing investors
In an exclusive chat, the company’s CEO and CFO chart out the road ahead, the importance of market share and why toys are a serious business.
Like Shivananda, even Rabinovitch's next move was not immediately known. The two join a growing list of top level executives who have been leaving PayPal in the recent past.
Aparna Iyer, the incoming Wipro CFO, takes over the reins from September 22.
The company is in the process of appointing a new chief financial officer
The shares of the company were trading at Rs 559.80 at 9:33 am, up 3.14 percent from previous day’s close.
Asian markets are trading in a mixed range today on August 8, as investors focus on China’s trade data for July which will be released later. Chinese indices trade in the red this morning ahead of the trade data release. In other news, Tesla has appointed its new CFO. Elon Musk-led Tesla has appointed Indian-origin accounting head Vaibhav Taneja who is known for his acumen with numbers. To all the cues from India, amid several protests, the Digital Personal Data Protection bill was passed in the Parliament yesterday. For more on all of the latest news across the globe watch this edition of Newspresso with Moneycontrol's Stacy Pereira.