CEO Financial News
22.12 / 06:56
Digital
CEO
NetEase
innovations
China unveils new gaming curbs, sending tech stocks tumbling
online gaming industry, sending shares in tech giants including Tencent tumbling. New draft restrictions published online by the regulator are aimed at limiting in-game purchases and compulsive playing behaviour.
22.12 / 05:57
CEO
2020
prevention
guidelines
Yes Bank chief Rana Kapoor gets bail in PMLA case
Yes Bank co-founder Rana Kapoor in a money-laundering case linked to alleged financial irregularities at the bank. He, however, would not walk out of jail at present as he has not been granted bail in a related case registered by the Central Bureau of Investigation. Kapoor, 65, former MD and CEO of the private bank, was arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) in March 2020.
22.12 / 05:13
Target
CEO
economy
performer
country
reports
Financial
Mitsubishi UFJ Financial Group eyes expansive growth in India amidst positive economic outlook: Report
South Asian nation, according to a report by Bloomberg. Hironori Kamezawa, the CEO of the bank, expressed confidence in India's economic growth, stating, "For India, economic growth is not something that will be a challenge; it's a sure thing," as quoted by the Bloomberg report.
22.12 / 05:08
Citi
CEO
Platform
Remark
country
gatherings
MOAMC collects over ₹1,350 crore via small-cap NFO. Details here
Motilal Oswal Small Cap Fund", Motilal Oswal Asset Management Company (MOAMC) achieved a collection of over ₹1,350 crores. This marks the highest-ever amount gathered for any small-cap active fund NFO in India. The investment firm unveiled the introduction of an open-ended equity scheme focused primarily on small-cap stocks.
22.12 / 03:41
Citi
CEO
Platform
Entertainment
show
audience
reports
Pocket FM claims global listener base of 130 million
Audio streaming platform Pocket FM's listener community is said to have surpassed 130 million globally, with over 75 billion minutes of content being streamed in 2023. As per Pocket FM's 'Rewind2023: How India Got Entertained This Year' report, the platform had more than 100,000 hours of content, with users spending over 115 minutes daily.
22.12 / 02:35
22.12 / 00:57
Provident
CEO
show
2020
reports
At AGM, Byju’s investors press for transparency from founder
Byju’s founder Byju Raveendran to ensure full transparency about company financials and the latest state of affairs at the edtech firm at its annual general meeting, according to people present at the meeting. Investors made it clear that full clarity on what is going on in the company needed to be communicated to the shareholders and only with this transparency, trust could be built for them to support the firm in any manner going forward, according to an investor.
21.12 / 23:20
Citi
FIVE
CEO
Entertainment
Enterprise
McCombs family rejoining Spurs ownership group 30 years after patriarch sells franchise
The McCombs family has purchased a share of the San Antonio Spurs, returning after 30 years to the organization their patriarch helped establish and once owned
21.12 / 23:19
21.12 / 23:15
Citi
Provident
CEO
Electric scooter Bird Global steers into bankruptcy protection in bid to repair its finances
Electric scooter company Bird Global announced Wednesday that it has filed for bankruptcy protection in an attempt to stabilize its wobbly finances
21.12 / 21:56
Provident
Ripple
XRP
Google
CEO
Platform
Reddit
Deepfake Youtube Scam Involving Ripple CEO Brad Garlinghouse Uncovered by Redditors
Reddit users have identified a deepfake video of Ripple CEO Brad Garlinghouse asking XRP holders to transfer coins to a certain address, with the promise of doubling their original investment.
21.12 / 19:18
CEO
Mobile
performer
stage
country
innovations
recommendations
No one-size-fits-all in battery swaps, govt wants industry to step up
The government plans to bin an earlier proposal to dictate the size and shape of electric vehicle (EV) battery packs to qualify for incentives as it leans towards an industry-led solution to encourage battery swapping. The ministry of heavy industries will seek inputs on how to encourage the industry to come up with its own solution to ensure interoperability in battery swapping networks, Hanif Qureshi, joint secretary in the ministry, said. He added that inputs will be sought from stakeholders such as federal think tank NITI Aayog (which had first recommended fixed form factor standards), the ministry of road transport, the Bureau of Indian Standards (BIS), the Automotive Research Association of India and industry participants.
21.12 / 19:12
CEO
President
Mullen
surges
Mullen surges 80% following reverse split and latest class 3 EV delivery
Shares of Mullen Automotive (NASDAQ:MULN) surged more than 80% Thursday after the company enacted a 1-for-100 reverse stock split.
21.12 / 18:53
FIVE
CEO
Enterprise
President
show
reports
Department
Mortgage rates continue downward trend, housing market still sluggish
Hovnanian Enterprises Chairman, CEO and President Ara Hovnanian reacts to rising homebuyer confidence due to declining mortgage rates on The Claman Countdown.
21.12 / 18:26
Digital
CEO
Action
Align
country
reports
travelers
Updates
UAE Authority Updates Anti-Money Laundering Measures to Implement FATF’s Travel Rule
The Financial Services Regulatory Authority (FSRA), a financial regulatory body in the United Arab Emirates, has released an updated version of its Anti-Money Laundering (AML) and sanctions rules specifically tailored for digital assets.
21.12 / 18:25
Provident
CEO
Platform
PwC
awards
Experts
Celebrity
HT Smartcast to soon host PodMasters awards event
Mint soon host the PodMasters Conclave & Awards, an event that will also bring together celebrities, experts and industry professionals from across India to define the future of the new-age medium. HT Smartcast is partering IVM Podcasts, Ideabrew Studios, WYN Studio, Hubhopper, Aawaz.com and MnM Talkies for the event, that will provide a platform for creators to get national recognition and become catalysts for the industry's next phase of growth.
21.12 / 17:36
Booking
CEO
Strategy
Fallout
cover
outbreak
testing
Indices recover partly from Wednesday’s cuts on DII buying
₹1,464.70 and bears trimmed short bets in Nifty futures contracts. The domestic buying and short covering supported the rally despite foreign portfolio investors (FPIs) selling shares worth a provisional ₹1,636.19 crore. The benchmark indices had shed 1.3-1.4% on Wednesday after a seven-week rally that saw them climb 12% from their lows on 26 October.
21.12 / 17:15
21.12 / 17:10
Extreme
CEO
Platform
track
country
Airtel Business, IntelliSmart partner to connect 2 cr smart meters with IoT
Airtel has entered into a strategic partnership with IntelliSmart Infrastructure to connect up to 2 crore smart meters with internet of things technology, the company said on Thursday. The project is estimated to be executed over a period of next 10 years.
21.12 / 15:57
CEO
2020
prevention
guidelines
Yes Bank cofounder Rana Kapoor gets bail in ED case related to loan fraud
bail to Yes Bank cofounder Rana Kapoor in a money-laundering case linked to alleged financial irregularities at the bank. He, however, would not walk out of jail at present as he has not been granted bail in a related case registered by the Central Bureau of Investigation. Kapoor, 65, former MD and CEO of the private bank, was arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) in March 2020.
21.12 / 15:17
CEO
Boeing
travelers
Aerospace supplier Triumph to sell its components aftermarket business for $725 million
(Reuters) — Aerospace supplier Triumph Group (NYSE:TGI) said on Thursday it would sell its components aftermarket business that makes structures, airframes and engine accessories to AAR (NYSE:AIR) Corp for $725 million, sending its shares up by 23.7% in early trading.
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