CEO Financial News

Live entertainment and sports are becoming big forms of entertainment for the youth, BookMyShow founder and chief executive Ashish Hemrajani said on Tuesday. “Roti kapada makan is done, discerning people have got the money. Now they're focusing on outside of science and maths. They are focusing on art, they are focusing on music, they are focusing on sport," he said on the second day of Startup Mahakumbh in New Delhi.

ASK Hedge Solutions, a subsidiary of Blackstone-backed ASK Asset and Wealth Management Group, announced the launch of its first long-short fund — ASK Absolute Return Fund. It an open-ended Category III Alternative Investment fund, looking to raise Rs 3,000 crore, with approximately Rs 1,000 crore in the next 6 months. Vaibhav Sanghavi and Piyush Shah will be the fund managers.

Hinduja Group flagship company Ashok Leyland on Tuesday said it has signed a strategic alliance with Minus Zero aimed at developing tailored autonomous trucking solutions in the country. Bengaluru-based Minus Zero is an autonomous driving technology startup and this partnership aims to revolutionise commercial trucking through autonomous solutions at scale. The initial focus of this collaboration will be on developing autonomous trucking solutions for ports, factory operations and corporate campuses, the city-based heavy commercial vehicle maker said in a company statement. With global regulations and infrastructure evolving to support autonomous driving, this collaboration can extend to offer joint product offerings to international markets.

style disruptors who added flair to The Economic Times Awards for Corporate Excellence 2023. Here, style transcended fashion, with attendees showcasing their sartorial choices through haute couture, bold colours and attention to detail.

Companies say it is a win-win for them too as they get to retain valuable talent, cultivate a more skilled workforce from within, and save time and money on external hiring.

Elon Musk has in an interview posted on March 18 admitted to using the prescription ketamine and said that this is "beneficial for investors", Reuters reported. Talking to former CNN anchor Don Lemon, the Tesla CEO said ketamine helps him manage a "negative chemical state" similar to depression. Ketamine is used to treat pain and depression and in heavy doses is used as a sedative.

Launched at Davos last year, the UDPN is working towards interoperability for digital currencies, including stablecoins and CBDCs. Following work with over 25 global commercial banks, central banks, and technology companies, the network has launched its sandbox, where members can learn about digital currency technology, test built-in use cases, and develop their own new custom use cases. Commercial and central banks get a secure environment to control and provide permissioned access to other institutions in their ecosystem.

By Ernest Scheyder

When you ask EP Wealth CEO Ryan Parker how the RIA firm managed to grow its assets to $21.4 billion and serve 13,000 households across the country over the span of 25 years, he’ll say it all comes down to having a laser-focused mission. 

The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, citing increased data usage, high spectrum costs and regulatory conditions as some reasons Canadians may feel otherwise.

Nvidia (NASDAQ:NVDA) unveiled on Monday its latest artificial intelligence (AI) chips and software at its developer's conference in San Jose, marking a significant step in reinforcing its leadership in the AI sector.

Investing.com — Hertz Global Holdings (OTC:HTZGQ) first-quarter results are likely to be more «challenging» than expected, underscore by the rental car company's recent leadership change as it pivots away from electric vehicles.    

Investing can seem overly complicated, and that complexity may paralyze Americans into doing nothing.

Azure Power Global Limited, India’s first renewable energy company to have listed in the US, is exploring a possible stake sale to a strategic partner or even a complete sale of the business, two people aware of the development said. The company has called a special meeting of shareholders on 20 March at its Gurugram office, according to a 9 February statement. Azure Power, which listed on the New York Stock Exchange in 2016 and subsequently delisted in 2023, has backers in Canadian pension funds Caisse de dépôt et placement du Québec (CDPQ) and Ontario Municipal Employees’ Retirement System (OMERS), which hold 53.4% and 21.4% stake, respectively, in the company.

NEW DELHI : Packaged consumer goods maker Procter & Gamble India on Monday announced the appointment of Kumar Venkatasubramanian as the company's new chief executive officer, effective 1 May, 2024. Venkatasubramanian will succeed LV Vaidyanathan, who is leaving the company to pursue other interests after 28 years of service to P&G, the maker of Ariel, Tide, Whisper, Olay, and Gillette brands, it said in a statement. Vaidyanathan took over as CEO, P&G India, on 1 July, 2022.

By Peter Frontini

Mudrex, a leading crypto platform, is organizing an event «ETMarkets: Emerging Investment Opportunities» on Wednesday. Scheduled for the 20th of March in Bangalore, this event promises to be a crucial platform for a diverse range of financial professionals, including investment advisors, mutual fund advisors, equity traders, wealth advisors, distributors of wealth products, and industry experts. From traditional options like stocks and bonds to alternative assets such as cryptocurrencies and real estate, attendees will gain invaluable insights into navigating the ever-evolving financial landscape.

The broker-dealer and RIA platform formerly known as CoastalOne has been adding strength to its leadership team since it rebranded in January.

France's lower house of Parliament has unanimously approved a pioneering bill to curb the environmental impact of fast fashion, marking a significant step towards sustainability in the global fashion industry

In the Arizona desert, a Danish company is building a massive solar farm that includes batteries that charge when the sun is shining and supply energy back to the electric grid when it’s not

An $11 billion acquisition that backfired on Silicon Valley pioneer Hewlett Packard more than a decade ago is being resurrected at a trial that exploring whether the deal was an illegal rip-off or a case of botched management