Saturday, Aug 8 2020 | Time 14:07 Hrs(IST)
image
  • Davinder case: NIA conduct raids in Srinagar, few other places in Kashmir
  • G C Murmu takes charge as CAG of India
  • Rain fury: Flood-like situation throws life out of gear in Karnataka
  • Odisha reports 12 more Covid deaths,Tally surges to 44,193 with 1643 new cases
  • COVID-19 claims senior politician, six-time LS member Nandi Yellaiah
  • Mahinda Rajapaksa to be sworn in as Prime Minister on Aug 9
  • Courts could meddle with decisions of legislature when decisions violates constitution : Ramakrishnudu
  • Kerala plane accident: Air India, Air India Express blacken their logos on social media
  • Flight Accident : AI CMD, Air India express CEO reaches Calicut, 17, including two pilots dead
  • Country needs to stick to basics till a safe and effective Covid vaccine is found : Experts
  • Noted academician Agha Ashraf Ali no more, demise widely condoled
  • nCoV: India's recovery rate improves to 68 32 pc
  • One more death in Meghalaya, COVID cases mount
  • COVID-19 : Small temples, mosques, churches allowed for public from Aug 10
  • Krishna river nears danger mark
States » South


Economic slowdown : Minister urges industry members, CII to provide suggestions on policy reforms

Hyderabad, Dec 5 (UNI) Telangana Finance Minister Harish Rao on Thursday urged industry members and Confederation of Indian Industry (CII) to provide suggestions on policy reforms to tackle economic slowdown.
Speaking at the Second CFO Conclave, organized by CII Telangana with the Theme “Evolve – New Age CFOs” here, Mr Rao mentioned that the role of Chief Financial Officer (CFO) is very crucial in the organisation.
CFOs role is sometimes viewed with negativity but they need to be tough for the interest of the organization.
He said that, as a Finance Minister for the state, he too faces the challenges of Budget allocations for various government schemes.
Citing the current economic scenario, Mr Rao mentioned that though Government of India is taking several steps to control further slowdown and attract investors, the demand still seems to be low. Mr Rao requested industry members and CII to provide suggestions on what government can do at the policy level to improve the economy.
He also urged the CFO’s to practice Yoga and Pranayam to relieve them from stress and to help them to be more focussed.
In his Keynote address, Dr BVR Mohan Reddy, Founder & Executive Chairman, Cyient Limited emphasized that the role of CFOs in this age of disruption is changing and their most important task is to deliver value to the stakeholders along with the traditional finance functions. CFO’s are the custodian of the company’s wealth, he said.
With Industry 4.0, Technology is playing more important role than ever before. It is crucial that all systems and applications should be integrated so that data can be interpreted correctly. While technology is acting as an enabler, there are challenges of getting the right people and skills to drive it. Another crucial skill in the present times is the ability to communicate and work in teams, the Minister said.
With the increasing use of Technology, organisations are also vulnerable to cyber risks and the CFOs need to be careful about it. While the role of the CFO is changing and challenging, but it also provides several opportunities, Mr Rao added.
MORE UNI VV CS 1701
More News

Rain fury: Flood-like situation throws life out of gear in Karnataka

08 Aug 2020 | 1:48 PM

Bengaluru, Aug 8(UNI) Flood-like situation and landslides triggered by incessant rains continued to cause havoc in several parts of Karnataka on Saturday.

see more..
COVID-19 claims senior politician, six-time LS member Nandi Yellaiah

COVID-19 claims senior politician, six-time LS member Nandi Yellaiah

08 Aug 2020 | 1:33 PM

Hyderabad, Aug 8 (UNI) Senior Congress leader and former MP Nandi Yellaiah succumbed to the contagious COVID-19 here on Saturday.
He was 85.

see more..
Courts could meddle with decisions of legislature when decisions violates constitution : Ramakrishnudu

Courts could meddle with decisions of legislature when decisions violates constitution : Ramakrishnudu

08 Aug 2020 | 1:23 PM

Vijayawada, Aug 8 (UNI) Telugu Desam Party Senior leader and former Minister Yanamala Ramakrishnudu on Saturday said that the Courts could meddle with the decisions of Legislature when the decisions are in violation of Constitution guidelines.

see more..
Flight Accident : AI CMD, Air India express CEO reaches Calicut, 17, including two pilots dead

Flight Accident : AI CMD, Air India express CEO reaches Calicut, 17, including two pilots dead

08 Aug 2020 | 1:17 PM

Kozhikode, Aug 8 (UNI) Air India Express Limited on Saturday said its Chairman and Managing Director Rajiv Bansal, CEO K Shyam Sundar, Chief of Operations as well as the Chief of Flight Safety Express have already reached Calicut and visited the flight accident site.

see more..
Seawater enters proposed desalination plant of MRPL

Seawater enters proposed desalination plant of MRPL

08 Aug 2020 | 1:14 PM

Mangaluru, Aug 8 (UNI) Seawater entered the proposed desalination plant, being built near Tannirbhavi here on Friday night after a protective wall constructed between the Arabian Sea and the seawater inlet sump reportedly got damaged due to sea erosion.

see more..
image