City Venture Financial News

25.11 / 04:55

Provident Career Gap Experts show performer gatherings Battling job rejection? Here are some expert tips to bounce back stronger

Regardless of how well you perform in an interview or how prompt you were in delivering your responses, sometimes companies do not find you suitable for a specific role.

24.11 / 16:23

Citi Digital CEO Platform Citigroup innovations BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital

Singapore-based Fintech BondEvalue Pte. Ltd. has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a US$6m Series B round, according to official announcement. Beacon Venture Capital joins existing shareholders MassMutual Ventures and Citigroup who also participated in the round.

23.11 / 01:13

Compilation Experts Quickest way to get defaulters to pay up? The threat of insolvency

Creditors have withdrawn 26,518 insolvency cases involving defaults of as much as ₹9.33 lakh crore before their applications were admitted by the adjudicating authority since the Insolvency and Bankruptcy Code (IBC) came into force. The data compiled by the Insolvency and Bankruptcy Board of India (IBBI) is from late 2016, when the IBC was adopted, to August 2023.

21.11 / 16:33

Reuters CEO Apple Exodus Experts Exclusive-OpenAI investors considering suing the board after CEO's abrupt firing -sources

By Anna Tong, Krystal Hu and Jody Godoy

21.11 / 01:29

Reuters Digital CEO Apple Exodus Experts OpenAI investors considering suing the board after CEO's abrupt firing

OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees. Sources said investors are working with legal advisers to study their options. It was not immediately clear if these investors will sue OpenAI.

19.11 / 19:01

Citi Provident Target FIVE CEO Enterprise pandemic Flexi office companies bet on big revenue boost

India's top five flexible workspace providers are expected to post 30-60% growth in revenues this financial year, thanks to a surge in demand with companies calling employees back to the office. WeWork India, Smartworks, Awfis, Table Space and IndiQube — which contribute more than half of the domestic flexible workspace industry — are also looking to add 12 million sq ft in the next financial year even as SoftBank Group-backed startup WeWork filed for US bankruptcy protection earlier this month.

19.11 / 04:45

Microsoft Venture Capital OpenAI OpenAI investors push for Sam Altman's return as CEO: Report

The board of directors at OpenAI is reportedly receiving criticism from investors over the decision to terminate its CEO Sam Altman.

18.11 / 02:29

FIVE Digital show Independent directors' pay more than doubles in 5 years

Independent directors at India's top blue-chip companies have seen a sharp rise in their compensation as their roles become increasingly challenging amid mounting business complexities, intense stakeholder scrutiny, and stricter regulatory requirements. The median compensation for independent directors at these firms has more than doubled to ₹72 lakh in FY23, from ₹35.5 lakh five years ago, an analysis of Nifty 50 companies by specialised executive compensation advisory firm, Exec-Rem Advisors shared with ET has revealed.

17.11 / 10:55

Provident stage recommendations guidelines Decoding India's VCPE Legal Landscape: Unraveling ISB's Insightful Programme

15.11 / 13:47

business Blockchain Tokens Venture Capital transparency Binance Labs invests in ARKM, the native token of Arkham platform

Binance Labs, the venture capital arm and incubator arm of Binance, said on Nov. 15 that it has invested in Arkham (ARKM), the native token of the “deanonymizing” blockchain platform Arkham.

15.11 / 00:49

business Adoption Investments Funding Venture Capital valuation Blockchain.com $110M funding round halves its 2022 valuation: Report

Crypto exchange and wallet provider Blockchain.com closed a $110 million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.

14.11 / 15:44

Blockchain Adoption NFT Sport Gaming Fan tokens eSports Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator

Venture capital firm Animoca Brands will put its weight behind fan token blockchain Chiliz Chain as it joins the network as a validator within its proof-of-stake authority protocol.

14.11 / 10:33

business Blockchain Funding goldman sachs Venture Capital Banks Goldman Sachs leads $95M funding round for blockchain payment firm Fnality: Report

Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.

13.11 / 15:46

Citi Provident Career Gap country reports Wanted: more women techies in India Inc

As of 2023, women account for 27% of India’s STEM workforce, compared to 32% of the non-STEM workforce, according to the recent Global Gender Gap Report 2023 by the World Economic Forum.

09.11 / 22:25

markets business Venture Capital Lightspeed Faction launches $285M startup fund for crypto projects

Venture capital firm Lightspeed Faction has created a $285 million fund for crypto startups, according to a Nov. 9 announcement. The fund will focus on “early stage blockchain projects” and will also provide capital as these projects scale, the announcement stated.

09.11 / 13:13

business Investments Venture Capital Bitcoin Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth

Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).

07.11 / 07:31

Progressive Career CEO Strategy Metro country innovations 70-hour workweek debate: Factors you should consider before making a choice

Murthy had said productivity has to rise for the country to grow. “So, therefore, my request is that our youngsters must say, ‘This is my country. I’d like to work 70 hours a week’,” he had said.

06.11 / 02:43

Manufacturing Apple show Inside electronic reports testing Tata and Vedanta offer India lessons in industrial policy

Tata Group will one day become a case study for Indian industrial policy. The conglomerate has a high chance of success through buying its way into iPhone manufacturing, offering rival empires like mining group Vedanta Ltd. a lesson on the better path toward industrial expansion. Wistron Corp., a Taipei-based maker of computers, servers and smartphones, is slowly exiting its business of assembling Apple Inc.’s marquee product. Two years ago, it sold a Chinese unit that makes iPhones to Luxshare Precision Industry Co. for 3.35 billion yuan ($457 million). On Oct. 27, it announced the sale of Wistron InfoComm Manufacturing (India) Private Ltd., known as WMMI, to Tata Electronics Private Ltd.

04.11 / 02:51

Aware Manufacturing pandemic Instagram hospital information Support Jobs on a platter: A range of employers rush to hire chefs, stewards, support staff

Apart from a boom in standalone restaurants, there's a surge in marriages, parties, ceremonies, outdoor catering and corporate events as well as a proliferation of cloud kitchens. All that has led to a spike in demand for restaurant and catering chefs, said industry executives and restaurateurs.

01.11 / 20:54

business FTX stake Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors

Federal prosecutors claimed Sam "SBF" Bankman-Fried “doubled down” on the use of customers’ funds when he purchased Binance’s $2 billion stake in FTX in 2021. According to U.S. government attorneys, Bankman-Fried paid for the buyout with funds from FTX customers.

01.11 / 10:59

Provident Target Digital Career Strategy Kellogg audience Kellogg Northwestern's Marketing Leadership Certificate: Your Path to Success

Marketing leadership plays a central role in the success of organisations across industries. It encompasses a wide array of responsibilities, including defining brand identities, developing marketing strategies, and orchestrating campaigns that resonate with target audiences. Marketing leaders are instrumental in driving customer acquisition, retention, and advocacy. Best Professional Courses on LeadershipOffering Co

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