CEO Financial News

two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta. The country's largest two-wheeler maker, which reported a total income of Rs 10,031 crore in the October-December quarter this fiscal, also expects the entry level segment to do better going ahead. «As far as the demand is concerned, as we have been saying, we do expect the industry to grow double digit on revenue in the coming year at the least,» Gupta said in an analyst call. He noted that in the domestic two-wheeler space there is a shift taking place towards premiumisation with buyers looking for feature-rich trims.

Weekends are all about downtime. After a week full of work to meet deadlines, everybody needs some breather to relax and recuperate. From watching a favourite web series to planning a vacation, weekends are designated as family and me time. Devdatta Potnis, CEO, Animeta, talks to BrandWagon Online about his weekends, favourite vacation destination and more.

Managing such conflicts and getting something positive out of it is a key skill C-suite executives have to learn to become effective leaders.

YouTube CEO Susan Wojcicki, has passed away. According to a report by PEOPLE, the Berkeley Fire Department notified campus police that they were administering life-saving measures on Troper, who was found unresponsive at UC Berkeley's Clark Kerr Campus dormitory on Tuesday afternoon. The report noted that despite efforts by the fire department, Troper was pronounced dead shortly thereafter.

artificial intelligence race, and there is no way forward but for the Indian government to step up and invest to create these enabling conditions, according to experts and industry representatives. Abhishek Singh, president and CEO, National eGovernance Division, and managing director and CEO, Digital India Corporation, said that once key pieces like compute and access to Prasar Bharati content are solved, maybe Indian startups will start building foundational models.

gender diversity as being good for business, the numbers show a yawning gap across corporate India, with the presence of women leaders at an abysmally low level in the C-suite. A mere 4% of executive directors — roles at the level of MD, CEO, CFO, finance director and similar — or six out of 146 are women in the Nifty 50 companies, according to an analysis for ET by Primeinfobase.

Mamata Banerjee on Saturday alleged that there «is an attempt to bulldoze» the federal structure of the country and «change the spirit of the Constitution». «In the name of one nation-one election, which is proposed, there is one leader and one party now in the country,» Banerjee said. «Media is totally purchased and the judiciary is under political pressure,» she alleged, and asked: «Are we moving towards a presidential form of government?»

look similar to the websites of Indian brokers.'' ‘’Unwitting users who click on the app download links, etc., will be prompted to download the fake app. The goal is to get people to transfer money by taking advantage of their familiarity with these apps,'' added Kamath. According to reports, pig butchering scams have a global reach, with perpetrators often becoming victims themselves.

Freshworks has cancelled the performance-based stock award of 6 million shares to founder and chief executive Girish Mathrubootham, according to a regulatory filing. Nasdaq-listed Freshworks’ board said the decision was taken in the backdrop of the macroeconomic headwinds that have created challenges for the company’s stock price. “As a result of macroeconomic conditions that are entirely outside the control of the company’s leadership team, the stock price hurdles were too far ahead of the current stock price for the CEO PRSU award to have the retention value expected at the time the award was granted,” the company said in the filing with the US Securities and Exchange Commission (SEC) on February 16.

Bitcoin’s market capitalization crossing the $1 trillion threshold represents a pivotal moment in its challenge against traditional assets like gold.

Goldman Sachs Group Inc. has increased David Solomon’s compensation by 24% to $31 million, despite a year of diminished earnings for the Wall Street giant. The decision to boost the chief executive officer’s pay came amidst a challenging year, during which the firm witnessed a 24% decline in profit and focused on resolving internal conflicts while promoting a streamlined strategy.

Sora — OpenAI's new text-to-video generator. The tool, which the San Francisco company unveiled Thursday, uses generative artificial intelligence to instantly create short videos based on written commands. Sora isn't the first to demonstrate this kind of technology. But industry analysts point to the high quality of the tool's videos displayed so far, and note that its introduction marks a significant leap for both OpenAI and the future of text-to-video generation overall. Still, as with all things in the rapidly growing AI space today, such technology also raises fears about potential ethical and societal implications. Here's what you need to know.

PayNearby, a branchless banking and digital network, has launched a platform to generate sustainable self-employment for women, the company said in a statement on Saturday. The initiative, named by the company Digital Naari, is aimed at providing additional income generation opportunities for women in rural and semi-urban areas, the statement said. The platform will enable the ‘banker didi’ to provide a diverse range of financial and digital services to the masses. The person will have the flexibility to offer services at her convenience in terms of time, location (from home/store) and product preferences.

Credit score plays a pivotal role in determining an individual’s financial health and access to credit. This score serves as a numeric representation of a person’s creditworthiness, based on their credit history and financial behaviour. One of its primary significance lies in its role in determining eligibility for various forms of credit, including loans, credit cards, mortgages, and even utility services.

OpenAI has completed a deal that values the San Francisco artificial intelligence company at $80 billion or more, nearly triple its valuation in less than 10 months, according to three people with knowledge of the deal. The company would sell existing shares in a so-called tender offer led by venture firm Thrive Capital, the people said. The deal lets employees cash out their shares in the company, rather than a traditional funding round that would raise money for business operations.

Experts warn of imminent disruption to business continuity unless addressed institutionally, attributing the risk to multifaceted business challenges.

FusionIQ has partnered with Anchorage Digital to provide financial advisors and institutions with more streamlined access to regulated cryptocurrency assets through.

Goldman Sachs Group Inc. boosted David Solomon’s compensation 24 percent to $31 million for a year in which earnings slumped at the Wall Street giant.

OneDigital Investment Advisors is continuing to solidify its position in the retirement plan advisory market with another significant acquisition.

In the latest episode of the Cryptonews Podcast, host Matt Zahab sat down for a meaningful discussion with Jon Trask, the CEO of the blockchain-based, agriculture technology-focused Dimitra platform.

National Association of Home Builders CEO Jim Tobin provides professional analysis of the U.S. housing market following a tumble in demand as rates tick higher.