Monday, May 27 2024 | Time 05:52 Hrs(IST)
Business Economy

Regulations to become more stringent, demanding in coming years : CUB MD

Chennai, Apr 25 (UNI) “Regulations are going to be here, and they are going to
get more stringent as there is a learning depending upon the changes in the
environment and the role of the CFO's,” City Union Bank (CUB) MD and CEO
Dr N Kamakodi observed on Thursday.
Addressing the Tamil Nadu Finance Conclave organised by the Confederation
of Indian Industry, (CII) here, he said “change is the only constant. If you think about
change today, its geopolitical, economic, social, climate, technology and of course
regulations to start with."
Mr T T Srinivasaraghavan, Former Managing Director, Sundaram Finance said "As
CFO's, one must develop a culture of ethical behavior within the organization. Also,
as a CFO your role is to be a conscience keeper for the business, for your CEO and
your board and you will never go wrong”.
Mr Srivats Ram, Chairman, CII, Tamil Nadu Managing Director, Wheels India Ltd in
his special address said “The world has changed. Businesses itself has become lot
more complex. Despite these changes, India is still resilient. There are four points a
CFO must consider in any organization; managing risks Business Responsibility and
Sustainability Report (BRSR) and raising of capital and the need to build soft skills."
"Soft skills help one to engage with people across the organization, outside the
organization and build a certain amount of cohesiveness”, he said.
UNI GV 1840
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Aurobindo Pharma Q4FY24 PAT up 79 8 pc

25 May 2024 | 11:45 PM

Hyderabad, May 25 (UNI) Hyderabad-based pharmaceutical major, Aurobindo Pharma, on Saturday reported a 79.8 per cent year-on-year (Y-o-Y) increase in consolidated profit-after-tax (PAT) for fourth quarter ended March 31, 2024, to Rs 920 crore, as against Rs 512 crore during corresponding period of previous fiscal year.

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DVARA KGFS secures USD 10 mn in debt financing

25 May 2024 | 6:46 PM

Chennai, May 25 (UNI) Dvara Kshetriya Gramin Financials Pvt Ltd (Dvara KGFS), a financial services company dedicated to maximizing financial well-being in rural India, today, announced the successful debt raise of USD10 million to fuel the company's expansion plans and strengthen its efforts to empower underserved communities across the country.

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Amulyam to open maiden flagship store in Hyderabad on May 27

25 May 2024 | 6:45 PM

Hyderabad, May 25 (UNI) Hyderabad-based Amulyam, a start-up co-founded by a couple to promote unique wedding gifts, and tableware, will formally open its maiden flagship store on Monday.

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ZF CV Control systems, IIT-Madras signs MoU

25 May 2024 | 6:21 PM

Chennai, May 25 (UNI) ZF Commercial Vehicle Control Systems India
Limited signed a Memorandum of Understanding (MoU) with the Indian
Institute of Technology, Madras (IITM), focusing on the ‘Mobility and Intelligent
Transportation’ (MInT), which has an ambitious goal of building the Bharat
Multi-Modal Mobility Stack (BM 3 S).

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Meghalaya to attract Rs 8000 crore private investment, says CM

25 May 2024 | 6:00 PM

Shillong, May 25 (UNI) Chief Minister Conrad Sangma has said that Meghalaya is projected to attract substantial private investment of Rs 8000 crore.

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