CEO Financial News

HDFC Asset Management Company (HDFC AMC) on Friday announced an interim dividend of Rs 70 per share for its eligible shareholders in its meeting held on Friday. “Company for the last two financial years has been paying dividend to its shareholders in the month of June, the Board has, accordingly, approved a declaration of Interim Dividend of Rs. 70/- per equity share of Rs. 5/- each of the Company, for the financial year ended March 31, 2024, instead of the final dividend as proposed earlier,” said company in a filing to the stock exchanges.

Japan Times reported.Amid growing labour shortages, Prime Minister Fumio Kishida's government is actively pursuing policies to promote the birth rate, including provision of financial aid to families, easier access to child care, parental leave, and more.In Japan, birth rates dropped to an all-time low in 2023. Therefore, it isn't uncommon for municipalities to hold matchmaking events, but it is quite rare for the government to create an app.To access the dating app, users must sign a letter stating they are willing to get married and submit documentation proving that they are legally single.Other requirements include a tax certificate slip to prove their annual salary.

stock market has been quite volatile following the poll verdict. Many investors are panicking and unsure about their investments. ETMarkets spoke to Feroze Azeez, Deputy CEO, Anand Rathi Wealth Ltd to understand more about how long-term investors should go ahead from now on and whether the current market correction is a matter of concern. Excerpts: What’syour advice for long-term investors at this juncture? The market's reaction has been quite volatile due to the exit polls. From a trader's perspective, it's been a seesaw. For investors, it’s important to remember that markets typically fall 10% from the peak twice a year. The recent market drop is within this range, so it’s not catastrophic. The good news is that a 20-25% correction isn't expected, unlike major events like the COVID-19 fall. Despite today's volatility, long-term growth prospects remain strong, with expected returns of 11-12% per year over the next five years. Should investors book profits now, especially in small, mid, and large caps? The domestic momentum of inflow is not coming just out of sentiment, it is coming out of education. In 2013, SEBI started investor education, a lot of money is being spent on this. So, this 20,000 crore SIP is not subject to this kind of a small dampening in sentiment, so that is great news. So, will I book profits as an investor? The answer is no. Because if the market goes down 5%, 7%, 10%, it is sure to come back. But if it goes up, it is not sure to come down because the gravity of the market is upwards unlike the earth where the gravity is downwards, I will not bet against the gravity for sure. And the momentum of domestic institutional buying will continue as long as the SIP continues. See, what has happened over

Air India and Vistara, forming one of the largest airline groups globally, according to a PTI report.Following the merger announced in November 2022, Singapore Airlines will hold a 25.1 percent stake in Air India. Vistara is a joint venture between Singapore Airlines and Tata Group.Also Read | Air India to operate as merged entity from 2025, no Vistara brand by year-endThe Chandigarh bench of the NCLT issued a 31-page order approving the "composite scheme of arrangement" involving Talace, Air India, and Vistara — all part of the Tata Group.

Narendra Modi on Friday praised the education sector and students for the improved performance of Indian universities in the QS World University ranking.Reposting a post by CEO and Managing Director of QS Quacquarelli Symonds Ltd, Nunzio Quacquarelli, PM Modi wrote, “Over the last decade, we have focused on qualitative changes in the education sector. This is reflected in the QS World University Rankings.

Crypto mining regulation has taken center stage at the St. Petersburg International Economic Forum. Government officials are also talking up the cross-border credentials of Russia’s CBDC.

the trial finally began in mid-March. Lynch, 58, had been free on $100 million bail. Being accused of a massive fraud represented a dramatic turn in fortune for an entrepreneur once described as the Bill Gates of Britain — a title he seemed to live up to when he negotiated the Autonomy sale that generated a more than $800 million windfall for him.

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While Americans aged 25 to 44 may have a lengthy list of life goals, achieving financial independence is their highest priority, according to a new survey.

investment firm Prosus' nearly 10% stake in Byju's has no value, HSBC said, alluding to a deepening cash crunch and legal battles at the troubled Indian edtech firm.

SpaceX CEO Elon Musk posted, “Despite loss of many tiles and a damaged flap, Starship made it all the way to a soft landing in the ocean!"The company had earlier said, "If Starship manages to make it all the way to reentry, we'll collect valuable data on the vehicle at hypersonic speeds, or more than 5x the speed of sound."Thursday's flight was a significant feat for SpaceX's Starship, as the three previous attempts ended in its fiery destruction. It was the fourth launch of the world’s biggest and most powerful rocket, standing nearly 400 feet (121 meters) tall."This time, the rocket and the spacecraft managed to splash down in a controlled fashion, making the hourlong flight the longest and most successful yet," news agency Associated Press reported.SpaceX had earlier said the Starship, on its fourth test, will fly a similar trajectory as the previous flight test, with a targeted splashdown of the Ship in the Indian Ocean.

CEO Sundar Pichai, Google has not only revamped the location history feature but also given it a new moniker: Timeline. This revamped feature promises to provide users with a comprehensive record of their whereabouts, including places visited and dining spots frequented.The shift towards storing data locally on devices is touted as a proactive measure to empower users with greater control over their personal information.

National, 6th June, 2024: VLCC, one of the largest beauty and wellness brands in the world, expands its product portfolio with launch of revolutionary skincare range ‘VLCC Clinic’. Backed by scientific formulations, the new range embodies the group’s 35 years of expertise in skincare and wellness while catering complete skincare solutions.

Blue Bloods, which had its cancellation confirmed, might not be entirely over. Paramount Global has hinted at a potential future for the beloved franchise. During the 2024 Paramount Global Annual Meeting of Stockholders, Brian Robbins, a key member of the Office of the CEO, highlighted the success of various Paramount film and television brands, including Blue Bloods. This has sparked speculation about new developments for the series, as mentioned in a report by Collider.

Diehl plans to further expand production of the IRIS-T medium-range air defence system, CEO Helmut Rauch told reporters at the ILA air show in Berlin on Thursday.

ET Wedding Leaders Awards 2024 — North, co-powered by Ghanshyam Das Kotawala and organized by Optimal Media Solutions (a division of Times Internet Limited), took place on May 30, 2024, at Eros New Delhi.

Century Textiles and Industries, the real estate venture of the Aditya Birla Group, surged 13.70% in early trading today to reach ₹2,094 apiece. This spike followed the company's announcement that its wholly-owned subsidiary, Birla Estates, has entered into a joint venture with Barmalt India Pvt.

AMSTERDAM, Netherlands — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the U.S. and take on big players in the space like SAP and venture-backed firms Brex and Ramp.

LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the U.K. as a global technology hub.

Alakh Pandey, CEO of Physics Wallah has voiced his concerns about the NEET UG 2024 results, which was announced by the National Testing Agency (NTA) on Tuesday, revealing that 67 students secured All India Rank 1. A major concern among many aspirants has been regarding the limited number of seats in top medical colleges. As several students scored 719 or 718 out of 720, further concerns came to light about the scoring process since marks are awarded on a +4 and -1 basis. However, the NTA explained that grace marks were added to the scores.

Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world's oceans has risen significantly in recent weeks but the upswing may be short-lived.