Tough times call for tough measures and being prepared with a Plan B or C is the key to bouncing back in a bearish and slowing economy, says Yogesh Dhingra, Director - Finance and COO, Blue Dart Express.
The difficult times were seen as an opportunity to foray into newer areas of business and expand overseas, says Ram Singh, Director Finance, Engineers India.
The important point to note about cash flow management, working capital management or liquidity management is that it is not about the finance area alone, says Ambarish Raghuvanshi, Director, Group President (Finance) and CFO of Info Edge.
Changing regulations, increased regulatory scrutiny, enhanced disclosure and transparency norms, and greater shareholder involvement coupled with subdued business environment have dramatically changed the role and responsibilities of the CFO, especially of state-run organisations, says P.K. Bajpai, Director (Finance), BHEL.
Unlike in the cash-and-carry business, the CFO in the infrastructure sector must have a keen foresight in order to accurately identify and factor in future profits into investment decision-making, says P. Alli Rani, Director (Finance), Container Corporation of India.
ITC's Rajiv Tandon has led several initiatives to cut costs, improve margins and boost earnings.
Kamal Kishore Baheti, Director and CFO, McLeod Russel; Naresh Bhansali, CEO (Finance, Strategy and Business Development), Emami; and A.K. Mukherjee, Director - Finance and CFO, Exide Industries.
P.K. Bajpai, Director - Finance, Bharat Heavy Electricals Ltd, Ram Singh, Director - Finance, Engineers India Ltd, P. Alli Rani, Director - Finance, Container Corporation of India and Ambarish Raghuvanshi, Director, Group President (Finance) and CFO, Info Edge
The search for India's best CFOs begins from another elite list - the BT500 listing of India's biggest corporations by market capitalisation.
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