CEO Financial News
24.11 / 07:57
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Odisha government allocates Rs 3,178 crore to operate 1,623 buses to improve connectivity
The state government of Odisha as part of its vision to improve connectivity has launched the Location Accessible Multi-modal Initiative (LAccMI) to connect Gram Panchayat to Block and Block to District Headquarter.
24.11 / 07:43
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What measures should consumers take in light of RBI's order on unsecured loans?
Reserve Bank of India (RBI) has recently increased the risk weights on unsecured consumer loans like credit cards by 25 percent for both banks and Non-Banking Financial Companies (NBFCs). Unsecured loans are those that are not backed by any collateral, such as personal loans or credit card debt. The RBI's order requires the lenders to put in place additional security measures to protect consumers from fraud and identity theft.
24.11 / 06:35
Provident
FIVE
Digital
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Axis Bank analyst meet: To focus on strong digi-retail banking; analysts bullish on stock amid reasonable valuations
Axis Bank analyst day: Brokerages have maintained a "buy" rating on Axis Bank's stock following its analyst day, and they estimate a 13% to 23% upside for the stock. According to reports, providing comprehensive digital journeys and improving customer experiences were the main priorities of Axis Bank.
24.11 / 05:30
IPO
Target
CEO
recommendations
Mamaearth-parent Honasa Consumer soars over 14% on strong Q2; up 37% in 2 sessions
a 20 percent jump in the previous session, shares of Mamaearth-parent Honasa Consumer hit a new record high in intra-day deals on Friday on the back of strong September quarter (Q2FY24) results and global brokerage Jefferies raising target price. The stock surged as much as 14.5 percent in intra-day deals today to hit its new high of ₹484. Meanwhile, in just 2 sessions, it has soared 37 percent.
24.11 / 04:51
24.11 / 03:03
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Uttarkashi tunnel collapse: Rescue operation halted after snag, official says 'can't give timeline' | Top 10 updates
Uttarkashi tunnel collapse, 1) Speaking to ANI, Managing Director and CEO of Squadron Infra and Mining Pvt Limited, Cyriac Joseph said, “We are here to support the team and we are working effortlessly. Our priority is the safety of the trapped labourers so that's why we have got a drone so that we can monitor their situation." 2) “The drones are of the latest technology that can go inside the tunnels. It goes autonomous in accessible areas and then you can access it there at any convergence.
24.11 / 01:49
Target
Reuters
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Barclays plans 2,000 job cuts as part of $1.25 billion cost-cutting plan: Report
Reuters. The company's managers are currently reviewing proposals to bolster its profitability. The person, on the condition of anonymity, stated that around 1,500 to 2,000 jobs could be cut if the plans were implemented in full.
24.11 / 01:49
Manufacturing
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Enterprise
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India's approach to regulating AI is good, says Andrew Ng
Andrew Ng, the founding lead of the Google Brain team and former chief scientist at Baidu, juggles multiple roles as a teacher, entrepreneur, and investor. He is currently the founder of DeepLearning.AI--an edtech company, founder & CEO of Landing AI--a software provider for industrial automation and manufacturing, general partner at AI Fund, and chairman and co-founder of Coursera, besides being an adjunct professor at Stanford University’s Computer Science Department. In an interview, he shares his views on the OpenAI fracas, loss of jobs to generative artificial intelligence (AI), the heated debate around artificial general intelligence (AGI), and global regulation of AI, among other things.
24.11 / 00:45
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Platform
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Inside
Dealshare cofounders Vineet Rao, Sankar Bora exit post rejig
cofounders of ecommerce platform Dealshare, have left the firm which has seen multiple rounds of job cuts and a business restructuring this year, people in the know told ET. While Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now left Dealshare even as the company has yet to name his successor, several people aware of the matter said. Bora, who was chief operating officer, has also moved on from the company which is now shifting its non-tech functions to Gurgaon.
23.11 / 21:03
FIVE
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CEO
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pandemic
Department
Profits double, sales rise at Will Vicars-owned luxury retailer Oroton
Oroton, one of the oldest Australian luxury brands, has recorded double-digit sales growth for a second year and a doubling in profit, signalling the retailer is back on solid footing after years of turmoil.
23.11 / 18:47
BLOCK
Reuters
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President
social
reports
OpenAI's new-look board as Altman returns
(Reuters) -ChatGPT-maker OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, and also agreed in principle to partly reconstitute the board of directors that had dismissed him.
23.11 / 18:23
Waves
Cooper
CEO
Platform
Fighting
Strategy
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Virgin Money
Virgin Money plans $250m barricade against AI-powered cybercrime wave
London | ASX-listed British challenger bank Virgin Money will spend £130 million ($250 million) in the next three years to armour-plate itself againsta coming wave of AI- and quantum-enabled fraud and cybercrime.
23.11 / 18:23
Target
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Barclays working on cost plan, could cut up to 2000 jobs
Barclays is working on plans to save as much as £1 billion ($1.9 billion), which could involve cutting as many as 2000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters.
23.11 / 18:23
23.11 / 18:17
Target
CEO
Strategy
Experts
performer
recommendations
strain
Holiday shopping frenzy: Tips to control impulse buying amid the sales
As the holiday season unfolds, the allure of festive spending, enticing Black Friday deals and the thrill of shopping can often lead to impulsive purchases, putting a strain on budgets and mental well-being.
23.11 / 18:08
Twitter
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Altman’s return to OpenAI is better for Microsoft than an in-house AI lab
OpenAI took fewer than five days. All of which is very, very good for Microsoft Corp. After his shock termination last Friday, Altman returns to a startup with a clearer corporate direction.
23.11 / 17:49
Provident
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Manufacturing
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Strategy
economy
CEVA Logistics sees India among co's top 5 markets within 3 years, says Deputy CEO
CEVA Logistics, one of the largest third-party logistics (3PL) companies in the world, expects India to be among its top five revenue generating markets within the next three years, led by the market’s growth potential and the government’s policy initiatives including programmes like ‘Make in India’, said a top company executive. “India is the place to be. The economy is firming up and showing solid transformation through growth.
23.11 / 17:29
23.11 / 17:17
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Why are ‘Squid Game: The Challenge’ contestants threatening legal action against Netflix and producers
'Squid Game: The Challenge' contestants are exploring the possibility of legal action against Netflix and Studio Lambert, the co-producer. The move comes in regarding injuries allegedly suffered during the filming of the game show. Two participants, represented by British personal injuries law firm Express Solicitors, claim to have endured hypothermia and nerve damage due to the challenging conditions on set.
23.11 / 17:15
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