Page 210 - Cfo News Today

Rolls-Royce Holdings will name former Deloitte partner Panos Kakoullis as its next chief financial officer, with the appointment to be announced ...

Info Edge (India) reported 22.7% decline in standalone net profit to Rs 69.87 crore on 15% fall in net sales to Rs 272.30 crore in Q3 FY21 over Q3 FY20. Billing in the third quarter was at Rs 297 crore, down by 1% as compared to the corresponding quarter in FY 2019- 20. The deferred sales revenue (amount collected in advance) as at 31 December 2020 was Rs 393.5 crore, down by 13.9% over the quarter ended 31 December 2019. Operating EBITDA declined by 35.6% to Rs 68.2 crore in Q3 December 2020 f...

Their focus on sustainable investing is also increasing, according to annual Ernst & Young survey. Private equity (PE) firms plan to “double down” on internal technology and expand their focus on sustainable investing and gender and minority diversity, according to Ernst & Young’s “2021 Global Private Equity Survey.” The report—which interviewed managers from 127 private equity firms and 72 institutional investors representing some $1.8 trillion in assets under management (AUM)—fo...

Two local nonprofits have added to their leadership ranks. The Conrad N. Hilton Foundation announced Beth deHamel has been appointed chief financial officer and vice president of operations. She’ll run the Westlake Village grantmaking organization’s financial, information technology and facilities operations effective Feb. 15. DeHamel is the former interim Chief Executive at nonprofit Mercy Corps in Portland, Ore., a post she held for more than a year following the resignation of the prev...

3 Min Read (Reuters) - Eli Lilly and Co said on Tuesday Chief Financial Officer Josh Smiley had resigned after allegations about a personal relationship sparked an investigation that found “inappropriate personal communication” with some company employees. The Indianapolis-based drugmaker said it immediately hired external counsel to conduct an independent probe after it was made aware of the allegations. The investigation revealed consensual though inappropriate personal communications bet...

Germanys Hapag-Lloyd Secures Green Funds for LNG Containerships Feb 9, 2021 7:05:am Summary by: Joe Murphy Posted in: Germanys Hapag-Lloyd Secures Green Funds for LNG Containerships German shipping line Hapag-Lloyd has secured $890mn in green financing for the construction of six LNG-fuelled containerships, it reported on February 8. Hapag-Lloyd placed a $1bn order for the six dual-fuel vessels at South Koreas Daewoo Shipbuilding & Marine Engineering yard in December. It has now secured a $41...

Eli Lilly and Co said on Tuesday Chief Financial Officer Josh Smiley had resigned after allegations about a personal relationship sparked an investigation that found "inappropriate personal communication" with some company employees.

Vijay Mallya given some access to UK court-held funds to meet legal, living expenses SECTIONS Last Updated: Feb 09, 2021, 09:39 AM IST Share Synopsis Deputy Insolvency and Companies Court Judge Nigel Barnett presided over a remote hearing to rule over the level of access to the funds held with the Court Funds Office (CFO), as part of bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI) in pursuit of unpaid loans. Getty Images LONDON: Embattled liqu...

Read more about Board of Tech Mahindra approves change in CFO on Business Standard. At meeting held on 05 February 2021

Hero MotoCorp Q3 results: Consolidated PAT up 14% at Rs 1,029 crore SECTIONS Last Updated: Feb 05, 2021, 12:01 PM IST Share Synopsis The two-wheeler majors revenue from operations rose to Rs 9,827.05 crore during the period under review, as compared to Rs 7,074.86 crore in the third quarter of 2019-20, Hero MotoCorp said in a regulatory filing. Revenues from operations rose to Rs 9,775.77 crore, as against Rs 6,996.73 crore in the October-December period of the previous fiscal. INSIGHTS NSE Ex...