CEO Financial News

GenAI platform", Hanooman, available in 98 global languages, including 12 Indian languages, was launched on Friday. The 12 Indian languages are Hindi, Marathi, Gujarati, Bengali, Kannada, Odia, Punjabi, Assamese, Tamil, Telugu, Malayalam, and Sindhi. Additionally, Hanooman will support a host of global languages, including English, Spanish, Italian, German, Japanese, Korean, and 80 other languages worldwide. The AI tool has been developed by generative AI business SML India in partnership with 3AI Holding, an Abu Dhabi-based investment company. The app is now available for download in India and can be accessed through the web and mobile application for Android users on Play Store.

₹69,999, ₹84,999, and ₹99,999, respectively, with all prices being ex-showroom. These figures reflect a recent price cut by Ola Electric, making the S1 X one of the most competitively priced electric scooters in the Indian market. The 2 kWh battery pack in the S1 X delivers a certified range of 91 km on a single charge, with a full recharge taking 7.4 hours.

ALSO READ: 'Come with your own plane': Ryanair responds to passenger complaining about lack of legroom In the video posted on TikTok, the woman is seen sleeping peacefully in the storage space, and people are seen laughing. However, it is still unclear how the woman reached the storage space.

₹939.04 crore for the March quarter, up 78.64% year-on-year due to higher demand in key markets. The company's consolidated revenue during the quarter rose 7.4% YoY to ₹6,163.24 crore, according to a filing with the exchanges. While the net profit beat profit estimates given by Bloomberg’s poll of analysts, the revenue was below expectation.

Vodafone Idea (Vi) CEO Akshaya Moondra has told the company’s customers that its recently concluded Rs 18,000-crore follow-on public offer (FPO) was subscribed 7 times and is a significant milestone that reflected the trust and confidence of investors in the telco’s brand. “We are ready for a new chapter of growth and innovation that is empowered by our state-of-the-art network, advanced technology and unwavering commitment towards customer satisfaction,” Moondra wrote in a letter to customers Friday. He added that Vi’s upcoming investments would focus on both expansion of its 4G services and rollout of 5G with the latest technology, ensuring the telco continues to deliver the service quality that customers expect.

The Mott Capital Management founder and CEO weighs in on home price expectations and gives his market outlook.

Google has been slashing its workforce since early 2023, with several rounds of layoffs already completed and more anticipated. CEO Sundar Pichai stated that these difficult decisions are part of a meticulous process, emphasising the need for precision and care: "It's about taking the time to do it correctly and well." Speaking to Bloomberg, Pichai acknowledged the weight of his decisions at the helm of such a large organisation, stressing that while the decisions are fewer, they must be clear and well-founded. Google's strategy for managing these changes involves streamlining operations and reorganising teams.

What election? In the midst of what many expect to be the most toxic presidential campaign in modern history, American businesses are going to extraordinary lengths to stay off the political radar. Some CEOs are privately drawing up plans to tell employees not to expect comments on political matters in all-hands sessions. Others are reconsidering common election initiatives, such as get-out-the-vote drives, fearing those could be viewed in the current moment as partisan.

Rich Dad Poor Dad author and renowned investor Robert Kiyosaki believes that the US dollar is losing value and expressed his support over crypto investments.

gig economy as freelancers. But one of the biggest challenges is finding the right work. Karthik Sridharan, Co-founder and CEO of Flexiple, a provider of freelance developers and designers, says every freelancer they have interacted with finds generating demand for themselves as the most painful thing to do. So these individuals require guidance around the kind of options available in the market and its benefits. The good news is that recruitment portals are gradually shifting the narrative in favour of self-employed individuals. And, freelancers no longer have to rely only on their physical network or word-of-mouth referrals to land projects. Online portals are playing a crucial role here. Aspiring freelancers only have to understand how to leverage these portals effectively to give a push to their careers.

Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030.

Embattled crypto lender BlockFi announced Thursday that it plans to close its web platform this month, and is partnering with Coinbase to distribute funds to clients.

₹25.4 crore. Unlike other IT services companies, TCS does not offer employee stock ownership plans (ESOPs). Salaries of peers’ CEO are high on account of the ESOPs paid to them.

Hisashi Takeuchi, MD & CEO, Maruti Suzuki, says: We are also focusing on SUVs and introduced a series of SUVs last year. But this year, we have to revamp this hatchback also because we cannot keep the same model for such a long time.” On launching a premium hatchback in times of SUVs Hisashi Takeuchi: This new Epic New Swift, has a new design done from scratch, but it still holds the iconic DNA of Swift in the overall exterior as well as interior designs. But at the same time, we put one of the best engines into this. This is a new Z-Series engine. This is the biggest change of this car. This new Z-Series engine has a better fuel efficiency and less CO2 and even better drivability for Swifts at the same time. So, this is the biggest change of this car.

Chartered accountants (CAs) are increasingly facing stiff competition from STEM graduates in getting into consulting firms that are becoming heavily dependent on technology for client service and regulatory compliances, said industry executives. STEM refers to science, technology, engineering and mathematics.

BJP may not get as many seats in the general election as projected earlier, prompting investors to cut some of their bets. Regulatory actions against the banking sector that could slow lending are also weighing down sentiment. The Volatility Index or VIX shot up to a 19-month high, suggesting traders see greater risk in the market in the near term. The NSE Nifty fell 345 points, or 1.55%, to close at 21,957.50. The BSE Sensex declined 1,062.22 points, or 1.45%, to end at 72,404.17.

capital markets regulator's decision to reduce the face value of listed bonds is likely to give a fillip to the corporate bond market by drawing in more retail investors, in keeping with the long-standing regulatory endeavour to deepen volumes and participation. The Securities and Exchange Board of India (Sebi) last week decided to lower the face value of listed bonds to ₹10,000, from ₹1 lakh. The regulator had in 2022 reduced the face value of such securities to ₹1 lakh from ₹10 lakh.

Freshworks founder Girish Mathrubootham attributed a recent slide in the Nasdaq-listed company’s stock price to market anxiety regarding the impact of the artificial intelligence (AI) wave, dismissing the leadership transition or acquisition announcements that the company made last week as the possible reasons. “The reaction was quite surprising for us. We did not expect it to be so drastic. We understood from investors and analysts that the whole SMB (small and medium-sized businesses) pressure in the customer service market actually got our investors thinking if Freshworks is going to be disrupted by AI,” Mathrubootham said.

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households

Maryland Gov. Wes Moore has signed a measure to rebuild Baltimore’s historic but antiquated Pimlico Race Course and transfer the track to state control

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted to elect three of the board members an activist investor nominated