CEO Financial News

In fact, thousands of people in India function with compromised eyesight, some due to callousness and others due to lack of access to proper eye care Just like any other organ in the body, our eyes require attention and care to function optimally throughout our lives. Let’s dive deep into eye care with a detailed conversation with Dr Umang Mathur, CEO of Dr Shroff’s Charity Eye Hospital. Why prioritise eye care? Vision loss can significantly impact our daily lives, hindering our ability to work, read, drive, and participate in activities we enjoy. Eye diseases, if left undetected or untreated, can even lead to permanent vision loss and blindness. However, the good news is that many eye conditions can be prevented, managed, or treated effectively with early detection and proper care. Regular eye assessments allow your doctor to identify potential problems early on when treatment is most effective. Some of the common eye diseases prevalent in our modern era:

With the launch of a much-hyped and against-the-odds electric car, Lei Jun, Xiaomi's co-founder and CEO, is taking on Elon Musk with a strategy that takes a page from Tesla's playbook. Lei, 54, took the stage in Beijing on Thursday to unveil Xiaomi's SU7 car, a project three years in the making that has attracted a lot of attention but which, Lei has warned investors, will lose money.

Brandon Mintz, CEO of  Bitcoin (BTC)  ATM operator Bitcoin Depot, predicts a global surge in Bitcoin ATM installations following the Bitcoin halving. 

Elon Musk, the visionary CEO of Tesla and SpaceX. Musk's remark highlighted the stark contrast between the glamorised portrayal of lone inventors having eureka moments in garages and the often-overlooked complexities of large-scale manufacturing.

₹4 trillion in the current fiscal, as government departments have been actively procuring goods and services through the portal, additional secretary in the commerce ministry Anant Swarup told Mint. The GMV is up by ₹2 trillionfrom the last fiscal year. The state-run procurement portal offers a range of 12,070 products and more than 320 services to over 1.5 lakh government clientele.

Rishi Sunak that also included Conservative politicians and tech industry leaders. According to The Royal Family website, kinghthoods or the damehoods are among the highest honours in the United Kingdom.

Zerodha's CEO Nithin Kamath today shared insights on the debate between investing in active or passive funds. Kamath, speaking on X, said «It's getting increasingly harder for active funds to outperform their benchmarks.» «It's a no-brainer to opt for low-cost index funds as the core of your portfolio. You can complement that with other funds, but the core should be passive funds,» Kamath said on X (formerly Twitter).

insurance policies in electronic format. Very similar to how investors hold shares in a demat account. In a notification «Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers Regulations, 2024» dated March 20, 2024, the Insurance Regulatory and Development Authority of India (IRDAI) said, «Every insurer shall have in place a Board approved policy for insurance policies issued in electronic form...» «Irrespective of whether the proposal is received in electronic form or otherwise, every insurer shall issue insurance policies only in the electronic form,» the regulator said. To issue policies in the electronic format, the insurers must fulfill two conditions: a) Provided that the authority, on being satisfied that it is in the interest of policyholders and for orderly growth of the insurance industry, allow such exemptions to this requirement; b) Provided further that the insurer shall mandatorily seek the choice of the prospect in the proposal form for availing physical policy document, IRDAI said.

Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced...

investors across the financial spectrum are contemplating a year marked by remarkable gains in various sectors, spanning traditional equities, bonds, gold, and the ever-evolving world of cryptocurrencies. Amidst this dynamic landscape, Bitcoin has emerged as the standout performer, showcasing an impressive surge of over 150% over the past twelve months. Surpassing stalwarts like Nifty50 and Gold, which recorded gains of nearly 30% and 11% respectively, Bitcoin has delivered substantial returns. Meanwhile, some altcoins saw staggering price increases of up to 5,535%, generating unprecedented returns for investors.

ITR filing: As the financial year 2023-24 is about to end, earning individuals are busy finding out ways to save money meant for the income tax outgo. Some smart taxpayers would be busy planning their income tax for the next financial year as well. For a married taxpayer belonging to the Hindu community, Zerodha founder & CEO Nithin Kamath has suggested a hack while planning one's income tax return (ITR) for the next financial year. Zerodha's Nithin Kamath said that a married earning individual belonging to the Hindu community can use HUF (Hindu Undivided Family) tax benefits and save income tax as HUF is treated as a separate entity. He said that all deduction applies separately in HUF along with the individual deductions. Kamath shared this income tax return hack through a social media post using his 'X' account.

Byju Raveendran, founder and CEO of Byju’s has offered its estranged investors a chance to invest in the rights issue so their shareholding is not diluted, according to a letter by him to shareholders this morning. He also informed investors the company has secured more than 50% votes to increase the authorised share capital to account for the $200 million rights issue. “In good faith the board is considering making an offer of renounced shares to existing shareholders to ensure that there is no more dilution to their shareholding. We will share more details with you shortly,” Raveendran said in the note. ET has seen the letter to shareholders.

Boeing's troubled commercial airplane unit said the planemaker faces a «pivotal moment» as it works to boost quality and address significant concerns from regulators and airline customers after a panel flew off a 737 MAX 9 jet in January. «This is a pivotal moment for us, and we have serious work ahead to build trust and improve our operations,» said Stephanie Pope, who was named president and CEO of Boeing Commercial Airplanes on Monday, in an email to employees on Wednesday seen by Reuters.

The decision by the government of Ontario will hit hardest at colleges that have been relying entirely on foreign enrollments to drive recent growth. Colleges Ontario, an industry group, said revenue losses will be in the hundreds of millions of dollars this fall. That will mean “immediate program suspensions” and a pause on capital spending, Marketa Evans, the group’s CEO, said in a statement. “No organization can absorb such losses without significant cuts to operations.”

Tredence is investing 10% of its annual revenues in developing GenAI and advanced AI capabilities across engineering, customer experience, machine learning operations, supply chain and other functions in the data analytics domain. By enabling enhanced productivity and new business streams, the San Jose-based startup is looking to grow its revenues by 40-50% in 2024, CEO Shub Bhowmick told ET.

higher studies this year are choosing colleges based on the perceived safety of the location amid a recent surge in attacks on Indian students in the US, admission consultants said. Besides institutes and courses, parents who plan to send their ward to the US are asking questions such as which states are safe and which areas have high crime rates even as admission results for the 2024 batch have started coming in from US universities, they told ET. Some parents with daughters are even having second thoughts about the US, said Adarsh Khandelwal, CEO and founder of Collegify. There is widespread concern particularly among parents of students going for undergraduate studies as many of them would be staying away from home for the first time, consultants said. Caution is in the air amid reports of violent incidents involving Indian students, including some fatal ones, in places like Chicago, Boston, and Indiana, among others.

In a strategic move to bolster the wealth management programs of its credit union partners, Cetera Financial Group has announced the establishment of a Credit Union Council under its Cetera Financial Institutions division.

Maryland Motor Truck Association President and CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on 'The Bottom Line.'

Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investors

Ascensus is looking to solidify its market-leading status in the retirement savings sector through an agreement with Mutual of Omaha. The companies announced Thursday that Ascensus, one of the top third-party administrators and group retirement savings program providers, is acquiring the insurer’s 401(k) record-keeping business.

Maryland Motor Truck Association President and CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on 'The Bottom Line.'