CEO Financial News

28.01 / 06:09

markets COST CEO NVIDIA country innovations As China's DeepSeek rattles America, is India a big winner from the AI battle?

DeepSeek. As DeepSeek’s innovative approach disrupts the AI market and garners praise from even OpenAI’s CEO, Sam Altman, netizens debate about India’s readiness to claim a significant position in this rapidly evolving sector. While India has made strides in technology, many believe structural issues in education, funding, and risk-taking hold the country back from developing groundbreaking AI systems.

28.01 / 00:11

markets UPS CEO Software Research trends country Indian IT’s CEOs prefer working where grass is greenest

Subscribe to enjoy similar stories. India's technology services companies are increasingly stationing chief executives close to their biggest customers in the US and Europe, even as the companies host the bulk of their workforce back home. Chief executives of eight out of 10 Indian IT services companies now work from cities in the US and Europe, a sharp change from 2019 when only five did so, a Mint review found.

27.01 / 16:11

BLOCK CEO security Election community consequences reports Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company

27.01 / 15:15

UPS Progressive CEO President Celebrity Interviews Why business leaders are bullish on Trump 47

Subscribe to enjoy similar stories. Despite last week’s Arctic blast, a buoyancy filled the air as if spring had arrived after a four-year freeze. U.S.

27.01 / 14:55

Extreme CEO Action Discover show information Investigations A Bulgarian shipping company denies its vessel sabotaged a Baltic Sea cable

A Bulgarian shipping company on Monday denied that one of its ships had intentionally damaged an underwater fiber optic cable connecting Latvia and the Swedish island of Gotland

27.01 / 13:27

UPS CEO Platform ByteDance TikTok reports Courts New bid for TikTok from Perplexity AI could give US government 50% stake

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter

27.01 / 13:03

markets Digital CEO Strategy Experts PAM union budget 2025 budget 2025 Union Budget 2025: CP Gurnani calls for more allocation on skilling, compute infra

Union Budget 2025 begins, former Tech Mahindra CEO and industry veteran CP Gurnani has emphasised the need for a focus on upskilling initiatives and computing infrastructure. Talking with PTI, Gurnani highlighted that India's technology exports are approximately USD 250 billion and enhanced government support in skilling and upskilling initiatives is needed to be successful.

27.01 / 12:05

UPS Aware Fox CEO Experts Schools International Taxpayers leaving thousands of dollars on the table at tax time: expert

Sen. Mike Crapo, R-Idaho, unpacks the tax code and tariffs proposal under President-elect Donald Trump on Kudlow.

27.01 / 11:53

COST CEO Platform NVIDIA Trade reports Chip stocks tumble after China’s DeepSeek AI models raise doubts over US tech dominance

Subscribe to enjoy similar stories. DeepSeek said training one of its latest models cost $5.6 million, compared with the $100 million to $1 billion range cited last year by U.S. rival Anthropic.

27.01 / 09:53

CEO Analysis Trade President stage reports China Vanke flags record loss as Chairman, CEO resign amid woes

China Vanke Co.’s chairman and chief executive officer will both resign in an abrupt move after the embattled developer warned of a record 45 billion yuan ($6.2 billion) loss for 2024. Chairman Yu Liang applied to resign due to “work adjustment reasons,” but will remain as a director of the company, Vanke said in a filing to the Hong Kong stock exchange on Monday.

27.01 / 09:23

CEO security Picton Property Income names Francis Salway as chair

He will succeed Lena Wilson, who has been in the role for the past four years. Salway was CEO of Land Securities between 2004 and 2012, after joining the board in 2001. Prior to that, he was investment director at Standard Life Investments. He is currently a non-executive director (NED) of residential-for-rent developer Watkin Jones and of Cadogan Group. St James's Place to wind down £1.8bn property funds amid 'challenging period' for property sector Between 2010 and 2021, Salway was also a NED of Next, latterly as a senior independent director. He said: «I am delighted to be...

27.01 / 07:23

CEO Tesla Opinion Death SpaceX stage Musk versus Altman: Get set for Act II of a Shakespearean drama

Subscribe to enjoy similar stories. The global theatre of technology has long offered us a ringside view of a stage where visionaries have bitterly opposed each other, alliances have formed and ended, and betrayals abound. Now, Elon Musk and Sam Altman find themselves cast as rivals in a tale of ambition, ideals and perhaps revenge.

27.01 / 04:55

CEO Software Healthcare Trade information testing Courts Infosys denies stealing Cognizant's trade secrets, asks firm to identify them

Subscribe to enjoy similar stories. BENGALURU : Infosys Ltd has denied Cognizant Technology Solutions Corp.’s allegations of stealing its trade secrets, stating that a cursory internet search reveals information about the latter's healthcare solutions, prompting a US court to ask Cognizant to disclose the nature of its trade secrets.

26.01 / 23:23

UPS Provident CEO Research Features Chinese AI applications now have bigger aims — they're looking beyond chatbots

BEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that compete with OpenAI's ChatGPT.

26.01 / 13:43

CEO Parke stage voice shock patient peace Thyrocare founder Velumani's choice of car ride shocks guests at 5-star hotel

Thyrocare’s founder and CEO, Dr. A Velumani, recently shared a powerful lesson in humility that caught the attention of many. Following an event at a prestigious five-star hotel, where most guests arrived in luxury cars, Velumani made a choice that stunned onlookers. Rather than stepping into a high-end vehicle, the millionaire opted for a more humble mode of transportation – a ride-hailing service.

26.01 / 11:03

markets Google CEO Strategy Research performer reports ETtech Explainer: What is DeepSeek, China's competitor to OpenAI?

OpenAI, Google, Meta, and Amazon dominating the artificial intelligence (AI) discourse, a little-known and scrappy Chinese AI lab—DeepSeek—has entered the chat.

26.01 / 09:59

markets CEO Strategy track reports Courts Investigations Torres Jewellery Scam: CEO Tausif Riyaz arrested in Rs 1,000 crore fraud, sent to police custody till Feb 3

Tausif Riyaz, CEO of Platinum Hern, the company behind Torres Jewellers, was arrested on Sunday at a hotel in Lonavala, Maharashtra, in connection with the ongoing investigation into the Torres Jewellery Rs 1,000 crore investment fraud, reported TOI citing police sources. After his arrest, Riyaz was presented before a court, which remanded him to police custody until February 3.

26.01 / 05:33

markets Cooper CEO Strategy Research country innovations AMFI and AMII sign MoU in investment management industry to promote and foster bilateral relations

Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association have formalised an important step towards enhancing bilateral financial and economic best practises through cooperation by signing a Memorandum of Understanding (MoU) on January 25, 2025, in New Delhi.

26.01 / 05:33

markets CEO security Strategy Analysis Trade President Substantial capex hike unlikely in Budget: HDFC Securities CEO Dhiraj Relli

While the government has scope to accelerate capital expenditure given its current underspending, a substantial increase appears unlikely in the present economic climate, says Dhiraj Relli, MD & CEO at HDFC Securities. Edited excerpts from a chat on Budget expectations, Trump presidency and investing strategy for 2025:

26.01 / 04:59

markets Manufacturing CEO economy Healthcare travelers Updates budget 2025 Budget 2025 Expectations Live Updates: Companies seek tax reforms, lower GST rates and capex allocation from FM

Budget 2025 Expectations Live Updates: Corporate India is seeking tax reforms, lower GST rates, regulatory updates, and anticipating various capex allocation announcements in Finance Minister Nirmala Sitharaman's eighth Budget speech on February 1, 2025. Taxpayers are keenly watching for some relief for the middleclass amid the current economic situation.The first part of the Parliament's Budget session is confirmed to begin from January 31 till February 13, 2025.

25.01 / 23:13

markets CEO Tesla Doge Diversity Inside Department All hype and less work? DOGE's first 80 hours of work show it is way behind schedule; here's what all the department did

Department of Government Efficiency (DOGE) led by Tesla CEO Elon Musk eventually announced cancelling $420 million in government contracts within the first 80 hours, reported Business Insider. This early effort actually represents approximately $126 million in daily contract cancellations while potentially amounting to $67 billion annually which is roughly 3% of Tesla CEO Elon Musk's original $2 trillion cost-cutting goal.

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