CEO Financial News

Elon Musk is expressing concerns about Tesla Inc.'s future, even before the Cybertruck's market debut. While the stainless steel body boasts durability against bullets and arrows, the assembly of its panels presents a formidable challenge, reported Bloomberg. As Tesla's inaugural high-voltage vehicle, it promises quicker charging but also poses potential complications.

₹1,000 mark for the first time. After multiple attempts in the past, today's trading session witnessed the stock successfully crossing this significant threshold, reaching an all-time high of ₹1,007 apiece, gaining 2.24% The stock has exhibited consistent growth in recent years, showcasing its robust performance. Notably, in CY19, it delivered an impressive return of 59%.

₹100 crore between the first and second seasons, Tenzing Niyogi, CEO of the league told Mint. The league is now gearing up for its second season, scheduled to commence this December in Odisha. Last week, Kho Kho Sports League Private Limited, the company behind UKK, successfully concluded a Series A funding round, raising an undisclosed amount from FinNest Sport, a UK-based entity owned by Biswanath Patnaik’s BNP Venture Capital Limited.

By Jonathan Stempel

ChatGPT but aimed specifically at businesses, at the re:Invent conference on Tuesday. The latest move by Amazon Web Services (AWS), the leader in cloud computing technology, comes at a time when rivals such as Microsoft and Google are already using their own generative AI technology in their products.

Launch of a new beer is expected to help United Breweries share price rise 20%, said Nuvama Institutional Equities. Heineken Silver Draught Beer will be launched exclusively in premium bars and pubs across Mumbai, Thane, and Pune in Maharashtra, with plans to expand to Karnataka in the fiscal year 2024. “This launch is a meaningful expansion of United Breweries’ portfolio and shows its intent to focus on innovation," said Nuvama nstitutional Equities.

tribute to the late Charlie Munger on the social media site X (formerly Twitter). He wrote, "RIP Charlie Munger. I'll always remember him for this talk he gave on the Psychology of Human Misjudgement.

ChatGPT maker OpenAI is unlikely to offer a board seat to Microsoft and other investors in the company, including Thrive Capital, Sequoia Capital and Khosla Ventures, many of whom played a pivotal role in forcing the artificial intelligence startup to reconsider its decision to fire Sam Altman as CEO. The six-day fiasco at OpenAI saw the company sack its most public face, and perhaps that of the AI industry, before reversing its decision and rehiring the 38-year-old to lead the company.

Warren Buffett's longtime friend and business partner, Charlie Munger passed away on Tuesday, November 28, at the age of 99, according to his employer, leading to many investors expressing their grief on social media platform X. Berkshire Hathaway, where Munger worked for decades as vice chairman under Buffett, confirmed it was "advised by members of Charlie Munger's family that he peacefully died this morning at a California hospital," as reported by AFP. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Warren Buffett said in a statement, according to AFP.

The cost of raising a kid is more than a quarter of a million dollars — not including college — so it would seem to follow that parents are worse off financially than those who are child-free.

A mine operator says an elevator suddenly dropped about 650 feet while carrying workers to the surface in South Africa, killing 11 and injuring 75

The Mayo Clinic has announced a $5 billion expansion plan that includes new buildings designed so they can evolve and expand as patient needs change over the coming decades

Google announced Tuesday that an advanced geothermal project has begun pumping carbon-free electricity onto the Nevada electric grid to feed Google data centers there

Tata Advanced Systems Ltd (TASL) has set up a facility to manufacture high-resolution imagery satellites that will help the armed forces keep a closer eye on border areas, betting big on the military space sector. The Bengaluru-based facility will manufacture sub-metre resolution satellites and will have a ground station that can control their movement and process imagery required by the armed forces to monitor infrastructure or acquire military targets. The defence ministry has thrown open a challenge to Indian industry to make metre and sub-metre resolution satellites for military use. Built on TASL's considerable defence sector capabilities, the facility is geared to manufacture up to 24 low earth orbit (LEO) satellites a year.

Silkyara tunnel in Uttarkashi, Cyriac Joseph, the CEO of Squadron Infra Mining Pvt Ltd, which was majorly involved in the operation, said that it wasn't just a difficult mission but a 'war for humanity'. After the workers were brought out safely from the tunnel at the end of a determined 16-day effort, Joseph said, «It was not just a difficult mission but war for humanity. We are glad to have been a part of it.» Earlier, on Tuesday, the much-awaited breakthrough was achieved at 7.05 pm as all 41 trapped workers were brought out safely from the Silkyara tunnel. Meanwhile, locals erupted in jubilation at the tunnel site and were seen exchanging sweets as the trapped workers finally saw light at the end of the tunnel. Chief Minister Pushkar Singh Dhami, who camped at the tunnel site, monitoring the progress of the rescue operation every hour, exchanged greetings with the workers, along with Union Minister of State General (retd.) VK Singh, after they were rescued. «Initial health checkup of all the workers is being done in the temporary medical camp built in the tunnel,» Uttarakhand CM Pushkar Singh Dhami posted from his official handle on X. Prime Minister Narendra Modi, too, praised the bravery and determination of rescuers involved in the Silkyara tunnel operation, saying that they gave a new life to the trapped workers. He added that the rescue operation has set an «example of humanity and teamwork». «The success of the rescue operation of our labourer brothers in Uttarkashi is making everyone emotional.

capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. These investors have asked the company to file its audited financials for the year ended March 31, 2023, at the earliest. In addition, they want founder Byju Raveendran to loosen his day-to-day control over operations at the firm, the sources added.

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Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99.

By Sarah Wu

Cristiano Ronaldo, Major League Baseball, F1, and Mercedes-Benz and global advertising agency, Dentsu, are among the defendants listed.

Berkshire Hathaway (NYSE:BRKa) announced Tuesday afternoon that vice chairman Charlie Munger has died. He was 99 years old.