CEO Financial News

24.04 / 16:55
COST UPS Fox CEO economy President reports Biden trails Trump in most battleground states as voters sour on the US economy
ERShares CEO Joel Shulman discusses tech earnings and the upcoming economic data reports.
24.04 / 16:53
CEO JPMorgan JPMorgan CEO Jamie Dimon 'cautious' on US soft landing
Speaking at the Economic Club of New York on Tuesday (23 April), Dimon said the US was «booming» after 20 years of low growth caused by «bad reasons such as regulations, bureaucracy and stupidity and forced policies». With unemployment at an all-time low, US consumers are «in good shape», he said, even if they did have to endure another recession, adding that debt service ratios were «very low». However, he said this did not alleviate all economic headwinds to a soft landing. Dimon said that even if individual wealth was higher than previous years, this did not mean they could «fight ...
24.04 / 16:53
CEO International Schroders CEO Peter Harrison to retire in 2025
In a stock exchange filing today (24 April), Schroders said Harrison is expected to step down from his role sometime next year but will remain as a director of the company throughout the transition period. The firm has hired headhunter Russell Reynolds to find potential candidates to take over the leadership of the FTSE 100 group, people familiar with the matter told the FT. Internally, there are four potential candidates who could step into the group CEO role: CFO Richard Oldfield; group CIO Johanna Kyrklund; global head of private assets Georg Wunderlin; or group COO Meagen Burnett....
24.04 / 15:19
UPS CEO Sustainability performer reports recommendations Q4 Results: How AU SFB, DCB Bank and Equitas SFB performed in March quarter
AU Small Finance Bank, Equitas Small Finance Bank and DCB Bank on Wednesday reported their Q4 results. Of the three, AU SFB and DCB Bank have also announced dividends. Here’s how they performed in Q4FY24:
24.04 / 15:19
Digital CEO Platform Sustainability Enterprise trends reports Amid green push, professionals rush to arm themselves with ESG skills
edtech platforms to upskill themselves in green technology and sustainability. Edtech firms like Coursera, Emeritus, UpGrad and Terra.do are seeing high enrolment rates for courses related to ESG reporting, climate technology, carbon accounting, lifecycle analyses, etc. There is also an increasing trend of engineers wanting to learn the tech stacks used in the climate tech industry, or product managers learning how to reduce emissions of their digital products.
24.04 / 13:11
Citizens CEO JPMorgan Action poverty country International JPMorgan CEO Jamie Dimon commends PM Modi: ‘US officials are fantasizing how…’
Economic Club of New York, Dimon highlighted PM Modi's achievements, including the extensive recognition system, widespread banking access, and significant poverty reduction initiatives. Dimon at the event said a lot of US government officials are “fantasizing... how we think they should be running their country".
24.04 / 12:51
markets CEO Invesco Trade show Relationships International regulatory Invesco India, CEO, others pay Rs 5 cr to settle regulatory violation case with Sebi
Asset Management India, its CEO Saurabh Nanavati and four others on Wednesday settled with markets regulator Sebi a case on alleged non-segregation between the mutual fund activities and portfolio management activities of the company after payment of nearly Rs 5 crore. The four others were Sujoy Das, Nitish Sikand, Krishna Cheemalapati and Suresh Jakhotiya. The order came after the six entities filed settlement applications with the Sebi in October 2023, proposing to settle the pending proceedings through a settlement order «without admitting or denying the findings of fact and conclusions of law».
24.04 / 12:51
markets COST CEO Software Tesla Trade track Tesla jumps 10% in premarket as Musk's promise of 'more affordable' cars eases growth fears
Tesla shares surged about 10.5% in premarket trading on Wednesday after the electric-car maker eased some worries about slowing growth with a prediction that sales would rise this year and plans to roll out more affordable models in early 2025. Investors had been bracing for the worst after a tumultuous week at Tesla that saw big layoffs, executive exits, price cuts and the postponement of a highly touted meeting with the Indian prime minister.
24.04 / 12:51
Reuters Aviat CEO Boeing Trade reports wrestling Boeing Q1 Results: Revenue declines 8%, first in 7 qtrs as deliveries decline
revenue to $16.57 billion, the first drop in seven quarters, as the U.S. planemaker slows production of its strongest-selling jets following a January mid-air blowout. The U.S. planemaker said its first-quarter cash burn, a metric closely watched by investors, was $3.9 billion, compared with negative $786 million a year ago.
24.04 / 12:01
markets Citi CEO Platform country rights Destinations Realty developer Eldeco raises Rs 350 crore from HDFC Capital
Eldeco Infrastructure and Properties, a part of the Eldeco group, has raised Rs 350 crore from HDFC Capital Advisors Limited for their joint platform to do residential projects across the country. With the third round of funding in three years, the platform size reaches Rs 850 crore and it expects to generate Rs 8,000 crore from 17 projects. “After a prolonged downturn, the demand for premium housing has surged all over the country in the last couple of years. Apart from first time home buyers, a significant percentage of demand is coming from people who want to upgrade to newer and better homes,” said Pankaj Bajaj, Chairman of Eldeco Group.
24.04 / 12:01
UPS FIVE CEO Trade Investigations Zilingo ex-CEO Ankiti Bose files sexual harassment case against cofounder, ex-COO
Ankiti Bose, former CEO of B2B fashion startup Zilingo, has filed a case of sexual harassment against the company’s cofounder Dhruv Kapoor and its former chief operating officer Aadi Vaidya. A case was registered against the two men under sections 354 (A) and 354 (D) pertaining to sexual harassment and stalking, respectively, of the Indian Penal Code on Tuesday at the Kasturba Marg police station in suburban Mumbai. The Mumbai police are yet to summon Kapoor and Vaidya. Both the sections are non-bailable in nature and punishable with up to five years in jail.
24.04 / 12:01
COST SEC CEO Enterprise Freedom performer reports Want to go RIA? Here’s where to start
Now more than ever, financial advisors are considering their independent freedom. That is, getting the freedom to run their practice how they want to. But doing so requires a lot of tools – and time.
24.04 / 11:07
UPS Provident Booking Manufacturing CEO wellness Wireless equipment, wireline offer significant opportunities of replacement: Tejas Networks management
Anand Athreya, CEO & MD and Arnob Roy, COO & ED, Tejas Networks, in conversation with ET NOW. Though BSNL has given the biggest order, a significant amount of the order book is for other customers and for Tejas’ wireline products. The order book is mainly the business and tenders that they have won and which they have to execute. A good part of the business is run rate business which are purchase orders that come in a quarter and which are executed throughout the year in the next quarter.
24.04 / 10:09
Provident CEO Platform Election social information Sporting IPL, election are all fair game on illegal betting apps
NEW DELHI : Amid the Supreme Court's teardown on misleading advertisements by Patanjali and other consumer goods companies, a more sinister issue of problematic ads has emerged, this time involving illegal betting apps and India's biggest sporting extravaganza, the Indian Premier League. Some of these betting platforms are also accepting punts on the world's largest democratic exercise: India's national election. The Advertising Standards Council of India has in the past few weeks flagged more than 500 such violative online advertisements by such illegal betting platforms.
24.04 / 09:59
markets Progressive CEO security community stage yachting NFTFN concludes first phase of its fundraise campaign, secures $500,000 in phase one
web3 arena, has completed the initial phase of its fundraising, securing $500,000 by distributing 10 million $NFTFN tokens at $0.025 each over ten days. The initiative has now progressed to its second phase, where it aims to distribute an additional 25 million tokens at $0.030 each, due to the enthusiastic reception from the initial phase. Abhishek Kumar, Co-founder & CMO of NFTFN, reflected on the success, said, «The completion of our first phase not only signifies a strong start but also reinforces our commitment to democratizing access to the NFT market. We are overwhelmed by the community's support and look forward to continuing our momentum in the second phase.»
24.04 / 09:35
markets CEO reports Principal AM appoints head of distribution for UK and Ireland
In his new post, he will be tasked with developing and implementing a distribution plan to market the firm's services to the institutional and wealth management sector in the UK and Ireland.  Reporting to Åsa Norrie, CEO and head of European distribution at Principal, Agar will be responsible for leading sales and client efforts in these regions across all asset classes and investment teams. Ex-Janus Henderson head of Americas equities resurfaces at Principal Asset Management Agar joins the firm after four years at Allspring Global Investments, where he was head of financial instit...
24.04 / 09:03
Binance CEO security Trade guidelines Courts U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
U.S. prosecutors are seeking an above-guidance sentence of 36 months for the former CEO of cryptocurrency exchange Binance on charges of enabling money laundering, according to a sentencing memorandum out late Tuesday.
24.04 / 07:27
UPS Binance CEO Actor consequences Courts Binance Founder Changpeng Zhao Faces 3-Year Prison Sentence for Money Laundering
US prosecutors are seeking a 3-year prison term for Binance founder Changpeng Zhao, per a Tuesday court filing.
24.04 / 07:11
markets UPS Citi CEO country International Hitachi Energy eyes expansion in India amid rising power demand
Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to scale up renewable energy generation in the country. Zurich-based Hitachi Energy, which makes transformers and large-scale power transmitters, operates a GCC in the country, where high power demand has led to the government ramping up generation, including in renewable energy. «We are looking at Hyderabad for our GCC… and also looking at Pune. It might take six months to one year,» said Venu Nuguri, the managing director and CEO of the company's India unit.
24.04 / 07:11
Target Booking CEO cover reports recommendations Cyient DLM shares zoom 13% on solid Q4 results led by defence & aerospace deals
Cyient DLM shares rallied 13% on Wednesday at the day’s high of Rs 779.55 after the company yesterday reported an 80.2% year-on-year (YoY) surge in net profit at Rs 22.7 crore for the fourth quarter that ended March 31, 2024. The company's Q4 revenue stood at Rs 362 crores, with quarter-on-quarter (QoQ) growth of 12.7% and YoY growth of 30.5%.

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