CEO Financial News
24.01 / 06:15
CEO
Election
show
social
information
reports
Lok Sabha Elections 2024 to be held on 16 April? Chief Electoral Officer says…
2024 Lok Sabha Elections. Confusion arose, after a notification by the Election Commission of India had informed "tentatively given the Poll Day as April 16, 2024... for the purpose of reference and to calculate Start and End dates in the Election Planner".
24.01 / 05:43
24.01 / 05:11
markets
UPS
CEO
Sustainability
innovations
reports
Hitachi Energy Q3 Results: Firm posts multi-fold rise in net profit at Rs 23 crore
Hitachi Energy India posted a multi-fold jump in its net profit at Rs 23 crore for the quarter ended December 31, 2023 on higher revenues. «Profit after tax (net profit) was at Rs 23 crore (in October-December 2023), clocking a recovery of 400 per cent year-on-year on a low base,» a company statement said.
24.01 / 05:03
markets
CEO
Align
Remark
trends
reports
Destinations
Real estate in Delhi-NCR is witnessing a paradigm shift – Here’s why
2024 is set to emerge as a powerhouse of growth, reflecting the aspirations and preferences of prospective buyers in the bustling landscape of Delhi-NCR’s real estate market. According to a recent survey report by R&R, a whopping 57% of buyers plan to make real estate investments in the next 3-5 months, indicating a surge in demand, and a significant 44% of buyers in Delhi-NCR are keen on investing in under-construction properties, underlining the optimism in the sector.
24.01 / 04:45
CEO
Remark
Yellow
President
rights
Investigations
Scandals
Oliver North says NRA reacted to misconduct allegations like a 'circular firing squad'
Oliver North says he was pushed out of the National Rifle Association after raising allegations of financial misconduct against the group's CEO, Wayne LaPierre
24.01 / 04:23
CEO
CME
Enterprise
Experts
show
reports
Tech Mahindra Q3 result preview: PAT, revenue to fall YoY; margin outlook, CME growth key monitorable
Q3 results today: Bajaj Auto, Tech Mahindra, Tata Steel, others to announce Q3 earnings Motilal Oswal said Tech Mahindra's revenue might decline 7 per cent year-on-year (YoY) in the Indian rupee terms, following the dip in Q2 as CME and enterprise remain under pressure due to seasonality. The brokerage firm expects a 1.1 per cent QoQ decline in constant currency (CC) revenue for Q3FY24. Adjusted PAT, as per the brokerage firm, may drop 39.3 per cent YoY and 19.5 per cent quarter-on-quarter (QoQ).
24.01 / 03:17
Progressive
EBAY
CEO
Strategy
Align
Slash
eBay to slash 1000 jobs, scale back contracts
eBay Inc will cut about 1,000 roles, or an estimated 9% of its current workforce, the e-commerce retailer said on Tuesday. «While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business,» eBay CEO Jamie Iannone said in a letter shared with employees.
24.01 / 03:17
Digital
CEO
Platform
Strategy
Dreams
testing
NFT platform Rario to shut current product, new platform expected in March
Rario, a cricket-focused non-fungible tokens (NFTs) platform, said in a statement on Wednesday that it is winding down its current product, effective January 29, as it navigates management failure and headwinds in the Web3 and NFT industry. The first test match between India and England will be the last game that the company will host. Users can withdraw their wallet cash balances till March 31.
24.01 / 02:47
Progressive
EBAY
CEO
Strategy
Schools
Slash
eBay to slash 1,000 jobs, scale back contracts
eBay Inc will cut about 1,000 roles, or an estimated 9% of its current workforce, the e-commerce retailer said on Tuesday. «While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business,» eBay CEO Jamie Iannone said in a letter shared with employees.
24.01 / 01:47
UPS
FIVE
Booking
CEO
L&T Fin profit rises 41% in Q3 on strong retail loan growth
net profit year-on-year for the quarter ended December on strong retail loan growth and high fee income even as asset quality remained stable. Net profit increased to ₹640 crore during the quarter from ₹454 crore a year ago.
23.01 / 22:59
CEO
Strategy
Align
Research
wellness
President
International
UAE President Sheikh Mohamed bin Zayed Forms AI Council to Shape Future Technologies
In another pro-tech initiative, the United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan has announced the creation of an Artificial Intelligence and Advanced Technology Council (AIATC).
23.01 / 22:35
markets
CEO
Airlines
Strategy
Boeing
Airbus vs. Boeing: United's Fleet Strategy Alters 737 MAX 10 Prospects
Quiver Quantitative — United Airlines (UAL) skepticism over Boeing's (NYSE:BA) 737 MAX 10 jets has intensified industry scrutiny on Boeing. With United planning to exclude the troubled MAX 10 from its new fleet, concerns over Boeing's ability to regain market share and stabilize its financial position are mounting. The grounding of Boeing's MAX 9 jets, due to technical issues, has further dampened confidence in the MAX series. United's CEO, Scott Kirby (NYSE:KEX), emphasized the MAX 9 grounding as a critical factor in reassessing their MAX 10 orders.
23.01 / 21:07
23.01 / 18:36
CEO
Action
trends
President
International
Govt asks companies to cut cooking oil prices
Industry executives said a reduction in retail prices may not be possible till March, when mustard crop harvest begins. «The ministry of consumer affair has expressed that the MRP on oils like soyabean, sunflower and palm oil have not been reduced to the extent of decrease in international prices,» said Ajay Jhunjhunwala, president of Solvent Extractors' Association of India, in a letter addressed to association members on Tuesday.
23.01 / 18:27
CEO
security
SK Fin gets ₹1,328 cr via new, old investors
₹1,328 crore from existing investors namely Norwest Venture Partners, TPG Growth, Baring Private Equity India and incoming investors namely Duro Capital, Axis Alternatives, Ananta Capital and Mirae Asset Venture Investments (India), the company said in a release. Motilal Oswal’s private equity firm—MO Alternate Investment Advisors (“MO Alts")—also participated in this round with ₹415 crore for a minority stake, the firm said.
23.01 / 18:01
23.01 / 17:56
Google
CEO
Sustainability
Hasbro
pandemic
President
hospital
Tencent's 'League of Legends' developer Riot Games announces layoffs of 530 staff
Riot Games, the developer of the popular “League of Legends” multiplayer battle game is joining other tech companies that have been cutting back with a layoff of 11% of its staff
23.01 / 17:56
UPS
Manufacturing
CEO
Airlines
Boeing
Investigations
United Airlines CEO says airline will consider alternatives to Boeing's next airplane
The CEO of United Airlines is frustrated about ongoing manufacturing problems at Boeing, and his airline will consider alternatives to buying a future, larger version of the Boeing 737 Max
23.01 / 17:56
UPS
Provident
FIVE
CEO
pandemic
Department
gatherings
Macy's rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital
Macy’s rejected a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan
23.01 / 17:56
Target
CEO
Airlines
Department
US targets Iraqi airline Fly Baghdad, its CEO and Hamas cryptocurrency financiers for sanctions
Iraqi airline Fly Baghdad is denying U.S. allegations that have resulted in it being hit with sanctions from the Treasury Department
23.01 / 17:55
COST
CEO
Dover
Courts
Investigations
International
Appeals court reverses judge's ruling, orders appointment of independent examiner in FTX bankruptcy
A federal appeals court has ordered the appointment of an independent examiner in the bankruptcy case of FTX
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