CEO Financial News

₹95 crore. In the same time last year, the business recorded a net profit of ₹104.05 crore, according a BSE filing. Route Mobile share price today opened at ₹1,486.55 apiece on BSE, the stock touched an intraday low of ₹1,460.55 and an intraday high of ₹1,500.40.

₹1,349.65 apiece on the BSE Tuesday after the company’ fourth quarter earnings beat analysts’ estimates. The FMCG major Godrej Consumer Products posted a net loss of ₹1,893 crore in Q4FY24 as against a net profit of ₹452 crore in the year-ago period. The company had incurred a one-time exceptional loss of ₹2,376 crore during the March quarter due to reorganisation of Africa business.

Apple cofounder Steve Wozniak's space data startup, Privateer, has raised $56.5 million and also acquired the analytics firm Orbital Insight, a merger that will add mapping and intelligence services to Privateer's space data offerings, Privateer's CEO told Reuters. Privateer, founded in 2021 to help satellite operators navigate in Earth's increasingly crowded orbit, closed its Series A funding round in April, led by space-focused venture capital firm Aero X Ventures with other investors including Luxe Capital, Boca, Starburst, and the Winklevoss twins. The news is expected to be announced later on Monday.

women entrepreneurs or fempreneurs still face age-old challenges like unawareness about government financial schemes, dependency on family credits, informal borrowing, lack of digital literacy, and others during their journey to become job-creators. About 52% women entrepreneurs have access to financial credit, but 47% females are struggling with various challenges, according to latest data shared by fintech company Tide as quoted by Economic Times.

South Korea’s Bithumb crypto exchange may re-appoint its CEO Lee Jae-won, as the trading platform seeks to complete its planned IPO.

electric cycle maker EMotorad, in which cricketer Mahendra Singh Dhoni invested an undisclosed sum last month, is set to complete the phase-1 build of its factory at Ravet, Pune. The 2,40,000-sq. ft. facility, scheduled to be inaugurated on August 15, will have the capacity to make 500,000 million e-cycles, founder and CEO Kunal Gupta told ET. It will also employ 300 more people, from the current 50, by then, he added.

Osaic is now officially an even larger force to be reckoned with.

Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans.

A technology provider is taking a bold step forward to help advisors unlock the full potential of generative AI at their practices.

iCapital, the leading global fintech and alternative investments platform, is making it easier for advisors to scaleably diversify their clients’ portfolios beyond traditional public investments.

Bitcoin's (BTC) price fell to below $57,000 on Wednesday from roughly $64,500 last Monday before recovering in what was a weird week. Investors seemingly soured on spot bitcoinexchange-traded funds (ETFs) last week, with Wednesday bringing record-single-day net outflows.

Hordes of investors flew into Omaha, Nebraska this past weekend, as opposed to their more regular practice of flying over it. The reason, of course, was to attend the annual Berkshire Hathaway shareholders meeting, or what is often referred to as “Woodstock for capitalists.”

Gold rate today jumps after disappointing US non-farm payroll data, slide in US dollar rate, Xi Jinping's Europe trip According reports, Chinese consumers have increasingly turned to gold amid waning confidence in conventional investment avenues such as real estate or stocks. Concurrently, the nation's central bank has consistently bolstered its gold reserves while reducing its holdings of U.S. debt.

The pre-owned category on the platform is a strategic focus. In its continuous effort to make unique and rare pre-owned pieces easily available to people across the country, the platform will be onboarding various partners to offer products across categories.

BTS’s agency HYBE cannot catch a break! Amid the ongoing feud with Min Hee Jin, the CEO of its sub-label ADOR, the K-pop giant is now entangled in yet scandal — allegations of chart-rigging. According to a Korea JoongAng Daily, the Ministry of Culture, Sports and Tourism has launched an investigation probe against the K-Pop giant to verify whether or not it has engaged in chart manipulation. On Saturday, the culture ministry of South Korea announced that it had received a petition urging an investigation into the alleged chart rigging practices and subsequent blackmailing of the BTS agency back in 2017. The case will now be referred to the Korea Creative Content Agency (Kocca), a state-run institution responsible for overseeing various facets of popular culture in Korea. Kocca will conduct a comprehensive inquiry and seek a response from HYBE. If the allegations are proven to be correct, BTS may lose all honours bestowed on them including the Order Of Culture Merit.

Hero Realty announced that it has bagged Indian Green Building Council (IGBC) Gold Rating for Saheb Project. It said that Gold Rating has been given for HRPL’s project situated in Sector 104 along the Dwarka Expressway.

Jack Dorsey, the co-founder of Twitter, has stepped down from Bluesky’s board, the decentralized social media platform he originally envisioned and funded back in 2019 during his tenure as CEO of Twitter.

«We are always going to have an exposure to new energy vehicle companies because a lot of innovation comes from those companies but there are some volatility issues that we have to grapple with and I think we have successfully done that in the context of the last fiscal year. So, we are very pleased with FY24 and the solid finish to the year that we had in Q4,» says Warren Harris, CEO & MD, Tata Tech. What has led to the revenue softness in the fourth quarter, especially the services segment for you? I would challenge the perception that growth has not been strong. If we look at the full year, we grew our business by 15.9% in Indian rupees. If we look at services specifically, we grew over 13%. I signalled in January that we had some runoff at VinFast as we transitioned from the completion of our engineering work to launch support.

The Walt Disney Co. issues its latest quarterly earnings report on Tuesday; pizza maker Papa John’s offers up its first-quarter financial results on Thursday and on Friday the University of Michigan releases its preliminary May index of consumer sentiment

University of Mississippi students Spencer Maxwell and Connor Moore discuss promoting patriotism on campus on 'The Bottom Line.'

₹79,990, but the phone is now available for under ₹60,000 during Flipkart's Big Saving Days sale. Also Read | Apple Let Loose Event: iPad Pro with OLED display, M4 chipset and everything expected so far The 128GB storage variant of the iPhone 15 is listed at ₹63,999 on Flipkart, but the company is offering an instant discount of ₹4,000 on payment using Flipkart Axis Bank Card, bringing the effective price of the phone to ₹59,999. Moreover, users who don't have a Flipkart Axis Bank Card can still get up to ₹2,250 discount by making the payment through SBI Credit Card EMI mode.