CEO Financial News

Infosys Chief Executive Officer, Salil Parekh’s annual compensation grew by 17.3% in FY24 to reach Rs 66.2 crore, annual report of the company revealed. Parekh drew a salary of Rs 56.4 crore in FY23.

Kotak AMC CEO Nilesh Shah's suggestion of working 84 hours a week for nation-building, calling it “impractical and counterproductive". She highlighted research showing that excessive work hours reduce productivity and harm physical and mental health.

₹250 crore momentum fund, with a greenshoe option, to invest in high-performing portfolio companies. "We plan to invest in 15-20 high-potential companies from the LC Nueva Fund. These companies have demonstrated exceptional growth and have significantly enhanced their operating metrics," CEO and co-founder Shilpi Chowdhary told Mint in an interview.

Bill Gates to Elon Musk and Mark Zuckerberg — A look at the hobbies tech billionaires enjoyEtihad has managed to turn itself around after an ill-fated expansion spree a decade ago saddled it with huge losses and stakes in unprofitable regional carriers. Now, Neves said he’s been told by the owners to run the company as if it were listed, improving its financial performance and corporate governance.

In a statement on Thursday (30 May), the board of the festival argued their ability to deliver this year's event to audiences, authors and staff had been «severely compromised» after several authors withdrew from the festival and activists threatened disruption. «It is with regret that our board of trustees and Baillie Gifford have collectively agreed to end our partnership,» said Jenny Niven, CEO of the Edinburgh International Book Festival. «We are hugely grateful to the firm for its considerable support over two decades, including through some challenging times for the festival, an...

PTI on Monday that over 2,000 personnel would be deployed in the north-eastern state of Mizoram to proceed with the vote-counting process for the state's lone Lok Sabha seat.“A three-tier security arrangement has been made in all the 13 counting centres across the state," Chief Electoral Officer (CEO) Madhup Vyas said. In the state capital, Aizawl, there would be three counting centres and one in each of the other district headquarters.There will be 40 counting halls equipped with 379 tables.

Athachi Finserv is a part of Athachi Group, which has sustainability in its heart, and ethical values at its core. A second-generation organization committed to the cause of preserving, protecting, and nurturing nature, and bringing back ancient Indian wisdom to limelight, the conglomerate is passionately involved in nature-based Farm Produce, Ultra Luxury Skin & Personal Care, Premium Wellness Products, Investment Management, Financial Advisory, Renewable Energy etc. In fact, joining Athachi Finserv is more of a homecoming of sorts for Mr.

Several Indian startups are setting their sights on the Gulf markets, on the back of the region’s burgeoning middle class and high disposable incomes. From beauty and fashion to mobility and home services, these startups see immense growth potential by catering to premium consumer segments.

Also Read | 'Come to Bengaluru, increase odds of success': Unacademy’s Gaurav Munjal asks start-up founders to ditch Mumbai, DelhiMunjal's praise for Bengaluru resonated with many social media users. One user commented, "Not even starting a company, if you want non-linear outcomes in your career, BLR is the place with the highest probability!" Another user highlighted the city's advantages: "Its robust infrastructure, talent pool, and cosmopolitan culture foster innovation.

Matter Labs, the developer of the ZkSync Ethereum Layer 2 network, has dropped its attempt to trademark the term “ZK” following backlash.

PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. financial regulators later this year or early next year, the firm's CEO and founder Ali Niknam told CNBC.

Emirates urged Boeing to pick an engineering and business heavyweight to lead a deep overhaul of the U.S. aerospace giant and said the task of ending the planemaker's recent confidence crisis «must get done».

Rupert Murdoch, 93, tied the knot for the fifth time on Saturday, marrying Elena Zhukova, 67, at his vineyard estate in Bel Air, Los Angeles. The ceremony was held outdoors under clear skies, with Zhukova wearing a white off-the-shoulder dress designed by Emilia Wickstead, and Murdoch in a dark suit paired with sneakers. The event saw notable guests such as Robert K Kraft, owner of the New England Patriots, and Robert Thomson, CEO of News Corp.

Nvidia Corp chief executive officer Jensen Huang said the company plans to upgrade its AI accelerators every year, announcing a Blackwell Ultra chip for 2025 and a next-generation platform in development called Rubin for 2026.

JPMorgan CEO Jamie Dimon was responding to a question posed at the Economic Club of New York in late April on the resilience of the US economy. But he could as well have been talking of India. National Statistics Office (NSO) data released last Friday show the Indian economy is, well, booming. At 8.2%, GDP growth for 2023-24 is streets ahead of the most optimistic estimates, and far, far ahead of RBI's estimate of 7% till as late as December 2023. Sure, there could be distortions due to the way the GDP deflator is computed, as this is then used to arrive at the real (from nominal) GDP numbers, and also because of changes in the 'net taxes' figure — GDP is GVA (gross value added) plus taxes less subsidies. But whichever way you dice the numbers — nominal or real GDP growth, GDP or GVA — there's no getting away from the fact that the Indian economy is shining. The news has, of course, been greeted with 'ra-ras' from the ruling BJP and nitpicking by the Opposition, even as it has left the aam janta cold. This is for two reasons.

online food delivery platform Zomato has made a special appeal to its customers, urging them to avoid ordering food during peak afternoon hours unless absolutely necessary. This request, posted on X (formerly Twitter), has generated a range of reactions from netizens.

Reserve Bank of India has approved the appointment of a Committee of Executives (CoE) in Tamilnad Mercantile Bank as an interim arrangement to oversee its operations and administration in the absence of a regular managing director.

(This story originally appeared in on May 31, 2024)

Nifty ended the month in red, declining by 74 points to close at 22,530. However, since December, the index has been touching new peaks every month. High volatility was experienced due to the election season, the results of which will be declared on Tuesday, June 4. The week also witnessed high fluctuations as the index closed 2.5% lower on Friday from its all-time high of 23,110 on Monday. Currently, India VIX stands above the 24 mark.

space startup Agnikul Cosmos is hoping to start launching satellites early next year. In an interview with PTI, Agnikul cofounder and CEO Srinath Ravichandran said the 3D-printed semi-cryogenic engines and the rocket will offer quick turnaround for customers who will be able to have customised launch vehicles for their satellites.

screenshot of the LiveMint story, Kerala Congress asked, “Couple of months ago, online travel aggregator @EaseMyTrip made a nationalistic move by removing Maldives as a destination from their flight and hotel booking platform to support Modi. Now they have quietly resumed booking to Maldives.