CEO Financial News

India’s newest airline says it will buy 150 Boeing 737 Max aircraft, in the first major announced sale for the manufacturer since a panel blew out of another Max model in midflight earlier this month

Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum’s glitzy annual meeting in Davos

Federal officials have briefed a congressional committee on their investigations into a jetliner that lost a panel of its fuselage in midflight this month and revealed that airlines have inspected 40 identical Boeing planes

Sheryl Sandberg, who helped to transform Facebook from a tech startup into a digital advertising empire, will step down from the board of Meta, Facebook’s parent company

Civil aviation minister Jytoriaditya Scindia on Thursday warned that airlines should improve their efficiency or risk losing customers. He also said that the government will take strict action against airlines who don’t follow the regulations regarding passenger rights. “I would urge the airlines to not only focus on passenger volume but also improve their efficiency.

₹2,301 crore at the end of the December quarter for FY2024 owing to higher interest income and lower provisions, despite fresh slippages in the quarter. The bank reported a net profit of ₹1,963.64 crore in the same period a year ago. The bank’s core income or net interest income grew 18% y-o-y to ₹5,296 crore at the end of December quarter.

IndiGo Airlines' Chief Executive Officer Pieter Elbers on Thursday said the airline's operations will be completely back to normal by the weekend and in due course of next week as flight cancellations over fog-related disruptions in northern India in recent days have come down. Speaking to the media on the sidelines of ‘Wings India 2024’, an aviation conclave and exhibition, at Begumpet Airport in Hyderabad, Elbers said the airline industry witnessed probably the worst fog in many years, impacting flight operations, which has become a challenge. "...If you see, I am sure all of you have seen that...we had probably the worst fog in many years...Many of our stations in northern India were severely impacted by the fog situation...If northern India is under a blanket of deep fog, we are having a challenge," the Indigo CEO said.

₹36.85 crore. The company had posted a net profit of ₹62.74 crore in the October-December period a year ago, according to a regulatory filing from Shoppers Stop. The firm's revenue from operations was up 8.83 percent to ₹1,237.52 crore during the quarter under review.

Bank of America CEO and Chairman Brian Moynihan discusses the Fed's rate hikes, 2024 consumer strength and big bank regulation.

Retired U.S. Army Blackhawk helicopter pilot Lt. Col. Darin Gaub says the only hope to mitigate conflict in the Middle East is for Israel to uphold its defense.

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Reserve Bank has called upon internal ombudsmen of banks, NBFCs, and CICs to provide inputs for enhancing internal systems and processes. As part of the Reserve Bank's continuing engagement with regulated entities, the second Conference of Internal Ombudsmen on the theme 'Orchestrating Customer Delight through an Empowered Internal Ombudsman', was held in Mumbai on January 16, 2024.

quarter, aided by trimmed expenses. Its net profit was at Rs 512.62 crore during the October-December period of the preceding 2022-23 fiscal, the company said in a regulatory filing.

Deutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group, as speculation resurfaces over the future of domestic rival Commerzbank.

payments company PhonePe on Thursday said that over the last two years, it has contributed to over 65 per cent growth for two-wheeler digital Insurance in India. The company boasts facilitating over 75 million vehicle insurance quotes and 400 million quotes across insurance products.

OSLO (Reuters) -Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are causing congestion at container terminals, A.P. Moller-Maersk said in an update to customers on Thursday.

There are many options to borrow money provided your credit score is good and your income remains stable to justify that you will repay the borrowed money on time with interest. Your financial history gives lenders the confidence to lend you without hesitation. At times your investment comes to your help when you feel you have no other collaterals to give.

Senior citizen fixed deposits are investment instruments specifically designed for people above 60 years or above. This product offers several benefits tailored to the needs of senior citizens, and it’s essential to consider various factors when investing in them.

Budget 2024: EzeRx, a medtech company, on Thursday urged policymakers to prioritise preventive health infrastructure, local manufacturing, and mass anemia reduction in the Interim Budget 2024.

Fixed Deposits (FDs) remain a preferred choice for investors seeking stable returns in India. However, one crucial aspect often overlooked is the tenure selection, which can significantly impact the returns and liquidity of the investment. Choosing the right FD tenure demands thoughtful consideration aligned with individual financial goals and circumstances.

Investing.com-- Taiwan Semiconductor Manufacturing Co (TW:2330) (NYSE:TSM) logged a smaller-than-expected decline in its fourth-quarter profit as revenue was buoyed by increased sales of its most advanced chips.