CEO Financial News
05.01 / 17:28
Provident
Digital
CEO
Platform
security
Stealth
Schools
acquires
US-based firm SentinelOne acquires Bengaluru cybersecurity startup PingSafe
SentinelOne on Wednesday announced that it had agreed to acquire Bengaluru-based cybersecurity startup PingSafe for an undisclosed amount. The Mountain View-headquartered company in a statement said it will acquire PingSafe for a combination of cash and stock and that the acquisition is expected to conclude in SentinelOne’s first quarter of fiscal year 2025, subject to any applicable regulatory approvals and customary closing conditions.
05.01 / 17:14
Provident
CEO
Healthcare
pandemic
trends
patient
Eli Lilly starts website to connect patients with new obesity treatment, Zepbound, other drugs
Eli Lilly has launched a unique website to connect U.S. patients seeking obesity treatment to doctors, dieticians and its new weight-loss drug, Zepbound
05.01 / 15:06
markets
CEO
Food
Adventure
innovations
International
iD Fresh announces Rajat Diwaker as India CEO, Mustafa becomes Global CEO
iD Fresh Food on Friday announced the appointment of industry veteran Rajat Diwaker as its India CEO. Rajat comes with two decades of experience in the FMCG industry. In his last role, he served as the Managing Director of Marico Bangladesh.
05.01 / 13:13
CEO
People moves
Numis
RIT Capital Partners investment manager names CEO successor
Fanari is currently senior managing director and global group head of high conviction equities at Ontario Teachers’ Pension Plan, where she has been since 2006.
05.01 / 12:44
Digital
CEO
Mobile
Apple
NVIDIA
Broadcom
Investigations
week
EU's Vestager to meet Big Tech CEOs in the US next week
antitrust chief Margrethe Vestager will meet the chief executives of Apple, Alphabet, Broadcom and Nvidia in the United States next week, her communications advise said on Friday. The meetings come a month after Vestager resumed her job following her failed bid to head the Luxembourg-based European Investment Bank, with antitrust experts expecting her to show a tougher line towards companies in both merger and competition investigations.
05.01 / 12:41
CEO
Align
Highways
reports
Department
Traffic
International
Noida authority plans new parallel highway to decongest Noida-Greater Noida Expressway
Noida Authority, RITES, the National Highway Authority of India (NHAI), and the irrigation department have concluded an extensive study for a novel expressway along the Yamuna. This expressway aims to serve as a bypass for the existing Noida Expressway, strategizing to accommodate the surge in population attributed to the burgeoning corporate presence and the impending Noida International Airport, scheduled to commence operations this October.
05.01 / 12:32
05.01 / 11:25
markets
Digital
CEO
Strategy
President
innovations
International
Yes Bank's former executive Ritesh Pai to head PhonePe's global payments biz
Yes Bank official Ritesh Pai as chief executive officer of its international payments business. He will lead the company’s global expansion plans.
05.01 / 11:23
UPS
Provident
CEO
Gap
security
Experts
recommendations
2024
budget 2024
Budget 2024: From GST reduction to expansion of Section 80 C, here's what the insurance sector is expecting
₹1.5 lakh to taxpayers for investing in various specific instruments and expenses like PPF, life insurance, ELSS, National Savings Certificate, etc. Experts believe there is an urgent need for a different tax exemption category for term insurance. “We have been asking the government to introduce a separate tax deduction limit for life insurance for the last 5 to 6 years but nothing has happened.
05.01 / 10:58
05.01 / 08:21
markets
Provident
Citizens
CEO
security
wellness
Experts
PPF, NSC, SCSS Rates Remain Unchanged: Where to invest now for higher returns?
Contrary to expectations, the rates of interest on small savings schemes, including that of Public Provident Fund (PPF), National Savings Certificate (NSC) and Senior Citizen Savings Scheme (SCSS), for the fourth quarter of financial year 2023-24 were left unchanged by the government recently, and only the rates on 3-Year Time Deposit and Sukanya Samriddhi Account Scheme have been marginally increased from 7.0% and 8.0% to 7.1% and 8.2%, respectively.
05.01 / 04:59
markets
CEO
performer
track
Lodha records best-ever December quarter pre-sales at Rs 3,410 crore
Lodha, listed as Macrotech Developers, has recorded its best-ever third quarter pre-sales at Rs 3,410 crores and collections of Rs 2,594 crores for the quarter ended December. The developer has added three more new projects during the quarter with gross development value potential of Rs 6,000 crores taking the project addition in the first three quarters of 2023-24 to Rs 20,300 crores. With this, the company has surpassed its guidance of Rs 17,500 crores project addition for the year with a quarter to spare. “It is heartening to witness the housing cycle taking shape with each passing quarter. Consumer’s desire to own a quality home early in their life journey and upgrade their lifestyle, continues to strengthen.
05.01 / 02:32
05.01 / 02:30
Extreme
CEO
economy
country
consequences
Interviews
International
Morgan Stanley chair thinks proposed bank rules will be ‘wound back’
New banking rules proposed last year by US regulators were “extremely aggressive” and are likely to be “materially wound back” before being put in place, Morgan Stanley Chairman James Gorman said.
04.01 / 20:41
Provident
FIVE
CEO
volunteers
Junk email, spam: Simple step to keep your mailboxes free
These bureaus furnish credit and insurance companies with lists of consumers meeting particular criteria for prescreened offers. It's entirely legal, but there's a remedy: Opt Out Prescreen, a tool crafted by these very credit bureaus.
04.01 / 20:29
markets
Citi
CEO
Align
Healthcare
hospital
reports
Aster DM looking for M&As in West, North India: CEO
₹850-900 crore will ensure robust financial support," said Shetty. He added that over the next two-three years, the company wants to take the total tally of beds in India to more than 6,000, which will include the upcoming Aster Capital in Trivandrum with 350-plus beds in the first phase by FY26, and Aster MIMS Kasargod with 200-plus beds.
04.01 / 18:41
markets
FIVE
CEO
Platform
country
exclusive
stars
Trent charts expansion plan riding private label-only model
Trent, which owns Westside, Zudio and Star Bazaar, has built a business model around selling private labels (owned brands), and its chief executive believes there is no reason just yet to deviate from this pronouncedly singular script for the Tata Group retailing business. «We have growing conviction in our model. The Trent playbook works. Many of these choices and disciplines are culturally anchored and that makes a difference,» Trent CEO P Venkatesalu told ET. The company's revenues climbed substantially over the past five years, to ₹8,242 crore in FY23 from ₹2,157 crore in FY18.
04.01 / 18:26
Provident
Target
Citizens
CEO
War
travelers
EU targets world's biggest diamond miner as part of Russia war sanctions
The European Union has imposed sanctions on the world’s biggest diamond mining company and its chief executive officer as part of what it says is its “unwavering commitment” to Ukraine in the war against Russia
04.01 / 18:23
Provident
CEO
security
Parke
track
information
recommendations
Support
Disney inks agreement with ValueAct, secures its support for company's board nominees
Disney has a new ally in activist investor ValueAct Capital Management, garnering its support for the company’s board nominees as it continues to wage a proxy battle with Nelson Peltz
04.01 / 18:23
04.01 / 18:20
markets
UPS
Manufacturing
CEO
pandemic
Chevrolet
concert
US new vehicle sales rise 12% as buyers shake off high prices, interest rates, and auto strikes
American consumers bought 15.6 million new vehicles last year
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