Tag: CFO

Wipro CFO says impact of new H-1B visa rules to be less on company as its localisation in the US is 71.9%

a sign on the side of a road: Wipro CFO says impact of new H-1B visa rules to be less on company as its localisation in the US is 71.9%

© Sandip Das
Wipro CFO says impact of new H-1B visa rules to be less on company as its localisation in the US is 71.9%

As business momentum accelerates in Q2, Bengaluru-based IT major Wipro is looking at better growth prospects in the coming quarters.

The company projected a revenue guidance and expects a 1.5-3.5 percent quarter-on-quarter growth for Q3FY21 at $2.02-2.06 billion , reflective of its confidence in coming quarters.

 The company also has a robust hiring strategy in place, for both laterals and freshers, to keep up with the growing demand across geographies and newer technologies such as cloud, where the demand is.

For the quarter ending September 2020, revenue grew 3.7 percent quarter-on-quarter to $1.99 billion.

Two new H-1B visa rules were announced, and one of them, H-1B wage hike, is already in effect. Could you tell us how much of an impact it would have for

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The advice that shaped Insitro CFO Mary Rozenman’s biotech career

Mary Rozenman initially set out to be a doctor, after watching her sister deal with uncontrolled epilepsy throughout her childhood.

But she realized in college, that blood made her cringe. Instead, Rozenman got her doctorate in organic chemistry and chemical biology from Harvard University. 

Then as a 26-year-old working under David Liu, a gene-editing pioneer, something about drug development didn’t sit right with the young chemist. Among the thousands of new discoveries each year, just a small handful of them make it through the “funnel,” she said.

“I envisioned a funnel, where you have at the top of the funnel all of these amazing discoveries and innovations that sort of move through the system,” Rozenman told Business Insider. 

“And somehow only a small handful of them get filtered into medicines that actually make it out into the real world’s drug supply,” she said.

Rozenman needed to understand how that funnel

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Workday Global CFO Survey: Finance Digital Transformation is a Key Indicator of Business Agility

The MarketWatch News Department was not involved in the creation of this content.

PLEASANTON, Calif., Sep 23, 2020 (GLOBE NEWSWIRE via COMTEX) —
PLEASANTON, Calif., Sept. 23, 2020 (GLOBE NEWSWIRE) — Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today released its global Chief Financial Officer (CFO) Indicator Survey, “Finance Digital Transformation,” which reveals a direct link between finance digital transformation and agile business practices, better decision-making, and more efficient reporting, planning, and financial operations–all of which organizations will need to thrive in the new COVID-19 normal.

The research, conducted during the period that COVID-19 was declared a pandemic and many companies were forced to rapidly shift to remote work, reveals that while nearly half of CFOs have not completed any digital transformation initiatives in finance, 34 percent expect to prioritize it in one year–during recovery from COVID-19. The study

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CFO Says Savings Strategy Is Helping Ingredion Thwart Recession’s Bite

It’s the type of business restructuring capable of striking envy in the hearts of many a company board member—and particularly those known to favor one oft-repeated bit of business wisdom: Never waste a recession.

At food ingredient maker Ingredion, where the recession’s bite is directly linked to the eating habits of consumers, a 2-year-old restructuring strategy dubbed “Cost Smart” has begun to deliver on its cost savings promises.

In fact, last month, the maker of sweeteners and starches announced plans to increase its Cost Smart run-rate savings target from $150M annually to $170M—a $20M uptick that led certain analysts to believe now might be the right time for the food giant to step on Cost Smart’s accelerator.

Not so fast, says Ingredion CFO Jim Gray, who reports that he already likes what he’s seeing in Ingredion’s rearview mirror.

“The opportunity around

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