CEO Financial News

By Ananya Mariam Rajesh

Savant Wealth Management has appointed Jon W. Zindel as its new chief financial officer.

Cetera has deepened its network of advisors with the addition of a five-person veteran team.

With the fundamentals of the Indian economy remaining strong despite all global headwinds and inflation well under control, the RBI once again decided to keep the repo rates unchanged at 6.5%, thus extending the festive bonanza that it gave to the homebuyers in its last two policy announcements. Thus, homebuyers retain their advantage of relatively affordable home loan interest rates.

ACME Group on Friday said it has signed an agreement with gas exchange IGX to explore opportunities of collaborations for developing green hydrogen and ammonia projects in India. The Memorandum of Understanding (MoU) was signed between Manoj Kumar Upadhyay, Founder and Chairman of ACME Group, and Rajesh Kumar Mediratta, Managing Director and CEO of IGX, at the ongoing India Energy Week in Goa, a statement said. The agreement covers the partnership across the green hydrogen and ammonia value chain, starting from production to logistics and supply to the industrial customers for use in a range of applications and reduce the overall emissions contributing to the national decarbonization targets, the ACME Group said in the statement. Ashwani Kumar Dudeja, Group President and Director of ACME Group, said, «We're collaborating with IGX on developing the market for green hydrogen and its derivatives in India, aiming to pioneer sustainable energy solutions and create liquid and transparent market for customers.»

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The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties.

Decentralized social media (DeSo) is a concept that is looking to stir up the digital landscape and promises to redefine how we connect online.

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The Walt Disney Co. says it is paying $1.5 billion for a stake in “Fortnite” maker Epic Games

Brookfield Asset Management has appointed Anuj Ranjan as the new chief executive officer of its private equity business as the Canadian investment giant seeks to scale up the unit amid a challenging period for the broader buyout industry.

BEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid's augmented reality glasses for free for in-flight entertainment, the tech startup announced Thursday.

Paytm founder and CEO Vijay Shekhar Sharma met Union Finance Minister Nirmala Sitharaman on Tuesday. The meeting comes amid reports of Sharma’s meeting with officials of the Reserve Bank of India on Monday. According to an NDTV report, the meeting between Sitharaman and Sharma concluded in 10 minutes. The report said that Sharma was told that he needs to sort out the regulatory concerns by the RBI. He was also told that the Narendra Modi government has no role in the current crisis.

Canadians that have turned to grocery store flyers and coupon-cutting may need to look for even more savings.

Hut 8 Corp., one of the largest publicly traded bitcoin mining companies, named Asher Genoot to succeed Jaime Leverton as chief executive, three weeks after a short-seller released a report critical of its recent merger.

Property developers welcomed the Reserve Bank of India’s decision to keep the repo rate unchanged on Thusday (February 8), a move that is likely to resonate positively within the real estate sector. This decision creates a conducive environment for both individuals and businesses, and will stimulate demand momentum.

As Bitcoin (BTC/USD) ascends to the 10th spot among the world’s most valuable assets, its current trajectory highlights a significant moment in the evolution of digital currencies.

Also Read | Key Fact Statement (KFS) now mandatory: New RBI measure enhances transparency in lending for retail and MSME borrowers In its statement on Developmental and Regulatory Policies, the RBI emphasised that currently, the KFS is specifically mandated for loans by scheduled commercial banks to individual borrowers, digital lending by regulated entities, and microfinance loans. Also Read | RBI Policy: Governor Das unlikely to precede Fed in policy reversal; expect rate cut only in H2, say Economists "The Reserve Bank has announced several measures in the recent past to foster greater transparency and disclosure by the regulated entities (REs) in pricing of loans and other charges levied on the customers.

Microsoft CEO Satya Nadella has urged more than a thousand Indian computer code developers to use the company’s artificial intelligence tools being deployed across its products

The U.S. stock market is in a «very dangerous» spot as persistently strong jobs numbers and wage growth suggest the Federal Reserve's interest rate hikes have not had the desired effect, according to Cole Smead, CEO of Smead Capital Management.

Shares of Pinterest (NYSE:PINS) fell roughly 16% following the closing bell on Thursday after the social media company missed Q4 revenue expectations and issued soft guidance for the March quarter.