CEO Financial News

26.04 / 09:21

markets IPO CEO security economy performer innovations Will funding hibernation end for Indian startups? Investors see inflow rebound in 2024

unicorns to its fleet in 2024 so far — fintech SaaS Perfios and Bhavish Aggarwal's AI venture Krutrim. Investors believe that the funding winter scenario in India has been milder than expected this year as the growth of Indian economy encourages investment in new ventures.

26.04 / 09:21

markets Provident CEO security Election Food social Lok Sabha elections 2024: How many temporary jobs have polls created? Experts speak on salary, sectors and more

PTI that precise number would depend on several factors, including the election's scale, the quantity of polling stations, and the demands of election-related tasks. "However, on our platform, we anticipate at least 9 lakh jobs during the elections," Dungarwal told PTI.

26.04 / 09:15

Google CEO WhatsApp President students Interviews Relationships 'Can't be a CEO in America if you aren't an Indian,' quips US Ambassador Garcetti

«The old joke was you could not become a CEO in the US if you are an Indian, now the joke is you cannot become a CEO in America if you are not Indian, whether it is Google, Microsoft or Starbucks, people have come and made a big difference,» said the US Ambassador. More than one in 10 CEOs of Fortune 500 companies now are Indian immigrants who studied in the United States, said Garcetti.

26.04 / 09:15

markets UPS Manufacturing CEO Sustainability innovations Aussiebum plans to set up manufacturing facility in India

Aussiebum, Australian brand of men's swimwear, underwear, and clothing plans to establish its own manufacturing unit in India to produce for domestic and global markets, Sean Ashby founder and CEO of the company told ET. The brand aim to capture 3-5% share of the innerwear market in India by 2026 and has already started selling online. “This localized production will create employment opportunities while enabling aussieBum to seamlessly blend Indian talent and resources into its design and innovation process,” said Ashby.

26.04 / 07:49

CEO Sustainability trends Amundi hits record high €2.1trn AUM in Q1 2024

Its AUM rose 9.4% year-on-year overall, increasing 3.9% over the first quarter alone. This was partly driven by various «market dynamics», including positive foreign exchange effect alongside overall net inflows hitting €53.5bn over 12 months to the end of March 2024. US sustainable funds suffer highest redemptions on record in first quarter In Q1, Amundi recorded net inflows of €16.6bn, which the CEO Valérie Baudson noted were «very balanced» across its main client segments, variety of expertise bases and geographies. This pushed against the wider slowdown trend across European...

26.04 / 07:39

markets COST UPS CEO Software performer innovations Magellanic Cloud Aims to Reshape India's $317 Billion Delivery Market with Innovations

New Delhi (India), April 22: The Indian e-commerce sector is witnessing a meteoric rise, fuelled by millions of new internet users and soaring smartphone ownership. While online shopping has become mainstream, a key challenge persists: an efficient delivery and logistics network. Traditional methods struggle with inefficiency and high costs, hindering the smooth flow of e-commerce.

26.04 / 05:55

markets UPS CEO trends show performer recommendations Chote miyan out, bade miyan in! How MF investors are shuffling their cards

mutual funds are now beginning to show early signs of a possible reversal in March when an outflow of Rs 94.17 crore was seen for the first time in 31 months. Largecap funds, on the other hand, are back in vogue as investors poured in Rs 2,127 crore last month after pulling out Rs 2,741 crore in the last 11 months. The total assets under management (AUM) of largecap funds has now surged to Rs 3.14 lakh crore, the second highest in equity category after flexicap funds. Does the on-going volatility in the mid and small cap funds and the outflows from small cap funds in March indicate that large cap funds will gain more popularity from the investors?

26.04 / 05:07

CEO reports 16-year-old child of billionaire tech CEO reported missing

The teen child of the billionaire co-founder of Slack has vanished and, police fear, might have run away to one of San Francisco’s most dangerous neighbourhoods.

26.04 / 04:27

Target Booking CEO JPMorgan Strategy reports rights Tech Mahindra shares zoom 10% as strong FY27 vision overshadows weak Q4 numbers

Tech Mahindra today hit the 10% upper circuit limit at Rs 1,242.4 on BSE despite reporting a 41% year-on-year (YoY) drop in its March quarter profit as investors appreciated new CEO Mohit Joshi's FY27 strategy to take the company ahead of peers' average growth and to a 15% EBIT margin. While the restructuring efforts are in the right direction and the FY27 strategy is in place, investors will await the results on account of these efforts before the stock gets rerated.

26.04 / 02:45

UPS Provident CEO security Department recommendations rights Raymond James’ incoming CEO shrugs off DOL rule

Senior brokerage executives continued to shrug off the potential impact of the Department of Labor’s new fiduciary rule, which many believe may be legally contested by the insurance industry at some point.

26.04 / 02:45

Provident Digital CEO Platform reports Features Relationships Trust & Will forges strategic partnership with LPL

Trust & Will, a leading digital estate planning and settlement platform in the US, is taking a huge leap forward with its latest partnership.

26.04 / 01:47

markets CEO Entertainment country reports Tech Mahindra Q4 net profit down 41% to Rs 661 crore; revenue tanks 6.2%

Tech Mahindra, country's fifth largest IT services firm, reported a decline in net profit of 40.9% year-on-year (YoY) to `661 crore primarily driven by slowdown in its telecom, communications, media and entertainment business, which is its largest vertical with 36.5% market share. The profit stood at Rs 1,118 crore in last year's March quarter. Sequentially, profit grew 29.6% from Rs 510 crore in the December quarter because of a one-off gain. The Pune-headquartered firm’s consolidated revenue from operations fell 6.2% YoY to Rs 12,871.30 crore from Rs 13,718 crore in March quarter of FY23. Sequentially, it dipped by 1.7% from Rs 13,101 crore in the preceding quarter.

26.04 / 01:47

markets UPS Digital CEO Food MakeMyTrip Mohit Gupta, Mukesh Bansal’s omnichannel fashion startup Lyskraft raises $26 million in seed funding

Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal have raised $26 million in seed money for their omnichannel fashion startup Lyskraft, making it one of the largest early-stage rounds for an Indian startup amid the ongoing funding crunch. The round was led by Peak XV Partners, formerly Sequoia Capital India, Gupta told ET, adding that the seed money will help the partnership take forward the plan of building an omnichannel play as a marketplace for premium brands, starting with women’s fashion and subsequently expanding into other lifestyle categories.

26.04 / 01:41

COST Google CEO Platform show Alphabet records revenue at $67.6 billion surpassing expectations with AI-powered cloud growth, declares first dividend

Google is still striving to claw back its lead in AI. This is the current quarter in which the company has continued its focus on technical infrastructure by capital expensing $12 billion worth of investments. On a related note, CEO Sundar Pichai expressed confidence in managing costs and transitioning monetization strategies related to AI effectively, saying, "I am very, very confident we can manage the cost of how to serve these queries" and “comfortable and confident that we will be able to manage the monetization transition here well," as quoted by Bloomberg.

25.04 / 21:25

Manufacturing CEO trends Diversity concert rights Pharmaceuticals Pharma leads in assigning key managerial roles to women

financial services — in employing women in key managerial personnel (KMP) roles across the top 200 BSE-listed companies. While female KMPs in the financial services sector were all professional leaders, in pharma, they were promoters, according to data from FY23 collated for ET by executive search firm EMA Partners India. However, Indian companies continue to struggle to have a better gender balance when it comes to KMPs. According to the Companies Act, KMPs are the CEOs or managing directors, chief financial officers, company secretaries and wholetime directors.

25.04 / 20:45

markets Progressive CEO JPMorgan security economy Interviews Jamie Dimon is skeptical about the odds of a 'soft landing'

JPMorgan Chase CEO Jamie Dimon on the Federal Reserve's rate trajectory, 2024 economy, looming bank regulations and artificial intelligence.

25.04 / 20:25

markets CEO Platform security CME Trade BGC Group's FMX Futures takes aim at 'heavyweight champ' CME

made minority equity investments into FMX Futures, valuing it at $667 million, BGC said in a statement on Thursday. FMX currently offers trading in cash U.S. Treasuries and spot currencies.

25.04 / 19:35

UPS CEO Food Traffic International Chipotle reverses protein policy, says workers can choose chicken once again

Chipotle says its employees can choose chicken again

25.04 / 19:09

Provident CEO Action Southern Trade Experts reports BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers

major railroads promised to join after last year's disastrous Norfolk Southern derailment in Ohio. “Rail workers deserve to know they’re safe when they’re on the job — and if they experience anything that compromises their safety, they should be able to report it without worrying if their job is in jeopardy," said Transportation Secretary Pete Buttigieg.

25.04 / 18:05

COST CEO security community Trade stage country Tata Steel, UK unions reach deal; stage set for electric furnace at Port Talbot

Also read: Tata Steel CEO TV Narendran says UK job cuts ‘least bad option,’ will continue talks with unions Discussions will continue with the trade unions over the next two weeks on a potential Memorandum of Understanding on the future ambitions of the business and the impact of the restructuring on employees, the company further added. "Having looked carefully at all the options over the past seven months in consultation with union representatives, we have decided to proceed with our proposed restructuring and transition," Tata Steel managing director TV Narendran said.

25.04 / 15:47

CEO JPMorgan Analysis BEAS economy US economy grows less than forecast at 1.6% rate in first quarter

The gross domestic product estimates published by the Bureau of Economic Analysis (BEA) today (25 April) came in below expectations of a 2.5% growth rate, and followed a revised rate of 3.4% for Q4 2023. Compared to the previous quarter, the deceleration in real GDP in the first three months of 2024 primarily reflected a slowdown in consumer, state and local government spending, exports and a downturn in federal government spending, the BEA said. JPMorgan CEO Jamie Dimon 'cautious' on US soft landing These movements were partly offset by an acceleration in residential fixed investm...

frequently asked questions about CEO

What is CEO and why is it gaining attention?

CEO is a high-demand area that interests a wide audience. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on CEO?

All latest articles about CEO can be found in the special selection. We publish information as it becomes available.

How can I verify the accuracy of information on CEO?

We use verified data to ensure that the information about CEO is accurate and helpful for our readers.