CEO Financial News

JEE aspirant recently surfaced on X, shedding light on the dedication needed to excel in exams like the JEE for admission to esteemed institutions like the IITs. After the handwritten timetable belonged to a 17-year-old preparing for the JEE, a debate has broken out on social media over the number of hours needed for preparation for IIT-JEE exam. Shared by a user named «Mr Rc,» the schedule of a 17-yeardepicted a challenging routine, with the student rising at 4:30 am after just 4.5 hours of sleep. The entire day was dedicated to preparation, with only two 15-minute naps and breaks for meals. Many IITians reacted to this post. Aman Goel, CEO of GreyLabs AI and an IIT Bombay alumnus, criticized the post as exaggerated, stating that he and many other typical IITians he studied for 8 to 10 hours daily, occasionally extending to 12 to 14 hours during demanding periods. Despite occasional long hours, Mr Goel said, he ensured 8 hours of sleep daily and balanced his schedule with leisure activities and family time. Like many others, Goel began preparing for the IIT JEE at 15 and appeared for the exam at 17. He also highlighted the studying habits of his IITian friends, asserting that none, including top rankers, studied as intensely as portrayed in the viral post.

IDFC First Bank MD and CEO V Vaidyanathan is at it once again. The banker has gifted 7 lakh shares worth nearly Rs 550 crore of the private sector lender to five people, including an Air Force veteran and a child who lost a parent. Regulatory filings show that Vaidyanathan gifted 50,000 shares of IDFC First Bank to Sameer Mhatre for buying a house, 75,000 shares to Mayank Mrinal Ghosh as «financial Security to kin due to Bereavement of colleague», Rs 2.5 lakh shares to Wg. Cdr. (Rtd.) Sampath Kumar in the form of assistance to a senior citizen.

Nadella, made during the November 2023 controversy surrounding OpenAI. Nadella reportedly remarked that it would not matter if OpenAI ceased to exist, emphasizing Microsoft's possession of intellectual property rights, computational resources, and data necessary for AI development. “We have all the IP rights and all the capability.

Zomato CEO Deepinder Goyal has tied the knot with model Grecia Munoz, people familiar with the matter told HT.com. Goyal, founder of the food delivery platform, and the Mexican-born Munoz returned from their honeymoon in February, one of the persons cited above said, asking not to be named. Munoz says she is “now at home in India", according to her Instagram bio.

IDFC First Bank informed that its Managing Director & CEO V. Vaidyanathan gifted 7,00,000 equity shares of the company held by him on March 21 to five people without consideration. “It is declared that the recipients are not related to him in any manner under the definition of related parties of the Companies Act or SEBI Regulations.

Japanese telecoms companies are moving into the web3 space, with a subsidiary of the communications giant NTT set to launch a crypto wallet.

By Lisa Baertlein and Aishwarya Jain

Reddit soared in its Wall Street debut as investors pushed the valued of the company close to US$9 billion seconds after it began trading on the New York Stock Exchange.

Chinese leader Xi Jinping plans to meet a group of U.S. business leaders next week after a government-sponsored forum as Beijing steps up efforts to woo American firms amid an exodus of foreign capital. The meeting with China’s top leader is set for Wednesday, and insurer Chubb’s CEO, Evan Greenberg, along with Stephen Orlins, president of the National Committee on U.S.-China Relations, and Craig Allen, president of the U.S.-China Business Council, are expected to attend, people familiar with the matter said.

By David Shepardson

Redfin CEO Glenn Kelman discusses some 'promising' housing market trends on 'Cavuto: Coast to Coast.'

In the burgeoning world of blockchain and non-fungible token (NFT) technology, billions are lost every year to a plethora of deceitful scams which result in people either unknowingly handing over their funds to hackers, or paying for fraudulent services and assets.

By Svea Herbst-Bayliss and Dawn Chmielewski

Shake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history

The heads of leading U.S. airlines want to meet with Boeing and hear the aircraft manufacturer’s strategy for fixing quality-control problems that have gained attention since a panel blew out of a jetliner in January

FTX’s caretaker chief executive has branded Sam Bankman-Fried a deluded criminal who masterminded a “colossal fraud,” and accused the bankrupt cryptocurrency exchange’s founder of lying about the losses incurred by former customers in an attempt to reduce his sentence.

By Nivedita Balu

For more than a year now, the acquisition of United States Steel Corporation (NYSE:X), the iconic American steel giant, has appeared nothing short of inevitable.

Akasa Air doesn’t see any curtailment of flights due to the new pilot rest rules even though it has planned an exponential growth and international foray this summer, CEO Vinay Dube. Dube is a co-founder of the airline which started in 2022 and is backed by the family of late stock market investor Rakesh Jhunjhunwala. “We should rather applaud the regulator for their continuous focus on safety rather than talking if there will be two or three pilots short. We have 24 aircraft and around 700 pilots now which is plenty not just for the current fleet but also for the aircraft that will be delivered later. We will maintain a reliable schedule and there will be no flight cancellations,” Dube said.

Money mule scam: In today's digital transaction landscape, transferring funds between bank accounts has become remarkably convenient, taking just a few minutes. However, alongside this ease, there's been a concerning surge in fraud cases. Fraudsters are utilizing more sophisticated tactics to exploit vulnerabilities within the digital transaction ecosystem. One such scheme gaining prominence is the money mule fraud.

Fixderma, a dermaceutical brand, has announced its partnership with Delhi Capitals as associate sponsor for the upcoming season of the Indian Premier League (IPL), commencing March 22, 2024.