CEO Financial News

A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media. 

Priyanka Gandhi Vadra on Saturday questioned how Prime Minister Narendra Modi can claim that the grand old party and the INDIA bloc led by it have been rejected by voters in the first phase of polling in the Lok Sabha elections. The first phase elections covering 102 seats across 21 states and Union territories were held on Friday. «How does he know? The results are not out yet,» the Congress leader said at the sidelines of a poll rally in this district. She also questioned how the PM and BJP can claim that they will get over 400 seats this time.

One analyst recently noted that LPL Financial’s acquisition of Atria Wealth Solutions could prove complex given its many moving parts, with Atria’s seven broker-dealers shifting the client assets of 2,400 financial advisors to LPL’s platform.

Raj Bhavan in Kolkata moved the Election Commission of India, urging it to identify and take strong action against officials in the office of the Chief Electoral Officer (CEO) of West Bengal who may have «leaked names of gangsters and goons» to political parties, sources said on Saturday. In the wake of the ongoing general elections, the office of Bengal Governor C V Ananda Bose had, using its own mechanism, compiled a list of suspected criminals across the state who could be used by political parties to intimidate voters on or before poll dates besides creating other law and order situations. In the second week of March, the Raj Bhavan had shared a list of such goons and anti-social elements with top officials of the CEO's office, West Bengal, through the state Director General of Police for appropriate pre-emptive action, an official said. «A few senior officials of the CEO office, West Bengal may have leaked the list of the suspected criminals, provided by the Raj Bhavan, to top political leaders of the state,» the source told PTI and suggested that, in doing so, may have thwarted the governor's attempts to reign in criminal activities during the polls.

A group of cryptocurrency users involved in a class-action lawsuit against former FTX CEO Sam  “ SBF ”  Bankman-Fried has recently reached a proposed settlement.

The chief executive of one of Canada’s largest banks is speaking out against the Trudeau government’s plan to raise taxes on capital gains, arguing it won’t spur investment in the country.

Amid the whirlwind caused by the introduction of Spot Bitcoin ETFs and the looming Bitcoin halving, the cryptocurrency market remains abuzz with excitement and anticipation.

Binance  has  been actively  engaged  in close cooperation  with Nigerian authorities following the detention of its head of financial crime compliance. 

Mumbai: The Reserve Bank of India (RBI) has approved the appointment of Ajith Kumar KK as the managing director and chief executive of Dhanlaxmi Bank for three years, replacing JK Shivan.

Warner Bros. Discovery shares have slumped since the media and entertainment company was created two years ago, but that hasn’t dented its chief executive’s pay. Last year, CEO David Zaslav received pay valued at $49.7 million, a 27% increase from 2022, the company said in a securities filing Friday.

Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards

Crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

₹20 and a special dividend of ₹8, i.e. a total dividend of ₹28. Ekagrah Rohan Murty, the five-year-old grandson of Infosys founder Narayana Murthy became one of India's youngest millionaires after his grandfather gifted him 15 lakh Infosys shares, and the announcement of a ₹28 dividend made him an extra ₹4.2 crore on Thursday.

In a stock exchange notice today (19 April), the trust said the properties are in line with JLL's August draft valuation, and represent 4.8% of its portfolio by value. The properties were sold at a public auction on 18 April. AEW UK Investment Management took over as Home REIT's new manager and alternative investment fund manager in August last year, after an internal investigation raised concerns about Alvarium's handling of the trust's property portfolio. AEW Europe CEO Wilkinson: We are 'halfway through' Home REIT's stabilisation phase As part of the new manager's plan to turn a...

Long-haul carrier Emirates says it is halting local check-in for passengers traveling on its flights as the wider United Arab Emirates tries to recover from record-setting rains this week

₹2,746 crore. The company’s IT services revenue is likely to grow 0.18% to $2,661 million sequentially, while in rupee terms, the revenue may fall by 0.28% QoQ due to macro impact and continued softness in verticals.

Stocks that traded heavily or had substantial price changes on Thursday: Ally Financial, CSX rise; Equifax, Synovus Financial fall

Wireless and fixed-network equipment maker Nokia has reported a smaller-than-expected profit and a substantial double-digit fall in sales in the first quarter due to a market weakened by a lack of investment by clients in 5G technology

Infosys, which has the highest Nifty weighting among locally listed technology companies, Thursday said fourth-quarter net profit climbed 30% on gains in non-core income, beating D-Street estimates. Revenue guidance for FY25, a key monitorable for investors, remained conspicuously circumspect, although India's outsourcing bellwether announced its biggest M&A deal in history, commiting nearly about half a billion dollars. Profit climbed to ₹7,969 crore in the March quarter, beating ET's poll of ₹6,103 crore. Other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. Headcount shrank by about 26,000, again a rarity for India's technology bellwether.

Steward Partners, an employee-owned financial services firm, has made a sizable addition to its book of business by welcoming two new teams. On Thursday, the hybrid announced its acquisition of Monaco Capital and Saling Simms, adding $488 million in client assets.

Los Angeles-based RIA Miracle Mile is bolstering its appeal to high-net-worth investors with a key addition to its C-suite. On Thursday, the firm announced the appointment of Matt Dmytryszyn as its chief investment officer.