CEO Financial News

Suchana Seth, CEO of a Bengaluru-based tech startup, has brought to light a harrowing tale of maternal distress and a tragic loss. The distressing events, involving the untimely death of her four-year-old son, unfolded in a series of alarming discoveries, where the quick thinking of hotel staff and a composed cab driver played pivotal roles in uncovering the truth. Seth, aged 39, checked into a service apartment in Candolim, Goa, accompanied by her son.

mCaffeine on Tuesday announced an Employee Stock Ownership Plan (ESOP) for its dedicated employees where the company will allocate 10 per cent of its shares, allowing employees to directly benefit from the brand's growth and success. The current employee capacity at mCaffeine stands at over 600.

Carta Inc., a fintech firm that works with startups, is getting out of the stock sale business following a controversy over its use of customer data. In a blog post Monday night, Carta chief executive officer Henry Ward said the company will stop its work in secondary share trading, a business it was pushing into alongside its service managing startups’ investor information, or cap tables.

Starbucks chief executive officer Laxman Narasimhan said it will open a new store every third day in India to operate 1000 cafes by 2028, betting on the tea drinking nation which he called out for having 'an impressive development with improved ease of doing business.' «It is really impressive when you look at the investments in infrastructure, you look at the building that is taking place, you look at how there's a digital revolution. The government is focused on eliminating some of the friction that does exist in areas like business or taxation and how they lean in to support businesses that are looking to invest in the country,» Narasimhan told ET, during his maiden visit to India after taking over the helm last March.

Bengaluru CEO mom kills 4-year-old son: A 39-year-old startup founder and CEO of Mindful AI Lab in Bengaluru has been charged with murdering her four-year-old son in a service apartment in North Goa's Candolim. The shocking crime came to light when a member of the housekeeping staff discovered a bloodstain while cleaning the apartment from which Suchana Seth had checked out. The motive behind the crime is yet to be determined. Following an alert from Goa Police, Suchana was detained in Karnataka's Chitradurga district, and a police team from Calangute was en route to take custody of her and bring her back to Goa. Here’s what happened Suchana Seth, the accused, had provided a Bengaluru address while checking into a hotel in Candolim.

An indefinite strike announced by the state’s transport workers’ unions began Tuesday ahead of the Pongal festival holidays in Tamil Nadu over their demand to release the payout of Dearness Allowance dues that have been pending for eight years. The workers have alleged that their demands are not being considered by the state administration.

Global Participation: Over the years, the Vibrant Gujarat Summit has evolved into a global platform, witnessing participation from 135 countries and over 2000 exhibitors. This year's summit attracted global leaders, including UAE President Sheikh Mohamed bin Zayed Al Nahyan. The 3-km-long roadshow will start in the evening after the PM receives the UAE President at the airport, said Deputy Commissioner of Police (Traffic-East), Ahmedabad city, Safin Hasan.

3M is freezing its pension plan, the company announced Monday, a decision that contrasts with IBM’s recent move to add a cash-balance program for its workers.

With the S&P 500 stock index jumping 24% last year, the financial results that broker-dealers and registered investment advisors will report in coming weeks promise to be stellar.

Quiver Quantitative — Large-Cap Insider Activity in Q4:

Atlanta Falcons and their head coach, Arthur Smith, mutually decided to part ways on Monday following a decisive loss to the New Orleans Saints in the 2023 season finale, according to reports. Arthur Smith, who inherited a rebuilding project in his first NFL head coaching job and failed to lift Atlanta from its playoff drought, left, hours after completing his third straight losing season with the Falcons.

(Reuters) -JetBlue Airways on Monday named Joanna Geraghty as its CEO, succeeding Robin Hayes who spearheaded the $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines (NYSE:SAVE)

HyperVerse crypto promoter Rodney Burton, better known as “Rodney Bitcoin,” has been arrested for his role in an elaborate crypt investing scheme, court documents reveal.

Bitcoin mining company Core Scientific has disclosed the outcomes of its $55 million Equity Rights Offering (ERO). The ERO, created to raise funds, experienced oversubscription, with total subscriptions surpassing the $55 million cap.

Vietnamese automaker VinFast plans to spend up to $2 billion to build an electric vehicle factory in India, the world's third-largest auto market by sales

The emergency landing of a Boeing 737 Max jetliner with a gaping hole in its side is renewing safety concerns about the planes and creating new headaches for Boeing

social media platforms over the weekend that they had cancelled plans to travel to the island nation. Some companies have, however, seen a surge in queries for Lakshadweep, they said. It comes in the wake of the row over derogatory remarks against India and Prime Minister Narendra Modi posted on X by three now-suspended junior Maldivian ministers after PM Modi’s posts promoting tourism in the Lakshadweep islands. “We haven’t seen any immediate cancellations for our flights, but since it’s a developing situation, we will be observing closely and will be monitoring the situation after a week,” Deepak Rajawat, chief commercial officer of Vistara, said in response to a query from ET. There are 58 weekly flights between India and the Maldives, operated by IndiGo, Vistara and Air India. IndiGo has seen no immediate cancellations or impact on forward sales, said people with knowledge of the matter. However, the airline did not respond to ET’s queries in this regard. Indigo has cancelled direct flights between Delhi and Male from January 17 as it has been forced to rejig its network due to the grounding of aircraft over issues with the Pratt & Whitney engines fitted in its 150 Airbus A320 aircraft.

CES, the Consumer Technology Association’s annual show of all-things tech, is kicking off in Las Vegas this week

Tim Chi, the CEO of The Knot Worldwide, attended eight weddings in the year leading up to his own 2005 nuptials

Envestnet CEO Bill Crager is stepping down from his role at the end of March, the company announced Monday morning.

Apple Vision Pro, Tim Cook emphasized its utility for spatial computing. “The era of spatial computing has arrived! Apple Vision Pro is available in the US on February 2," the Apple CEO said. The website of the company said that the Apple Vision Pro can be “pre-ordered starting Jan.