CEO Financial News

At the same time though, flexibility needs to go hand-in-hand with accountability and responsibility – and workers need to put in that extra effort and work to take the economy forward, HR heads, startup founders, business advisors and consultants told ET. Infosys founder NR Narayana Murthy recently said on 3one4 Capital’s podcast that Indian youngsters need to work up to 70 hours a week to improve work productivity and enhance the country’s competitiveness on a global scale. The comment has stirred up a heated debate in social media and corporate circles, with the likes of Ola CEO Bhavish Aggarwal voicing his support, while some others on social media platform X have called it a ‘sweatshop attitude’. Many feel that working as much as 70 hours a week will take a toll on not just work-life balance but also mental and physical health. “After a while, the person may not remain intellectually alert.

Web3 game studio Mooveil has announced the successful completion of a pre-seed/seed round fundraising, securing a total of $5.4 million in investments.

Investing.com — U.S. futures rose Friday, boosted by strong numbers from a couple of tech giants ahead of the release of key inflation data.

₹1,701 crore, with the issue set to open on 31 October. Claiming to be the fastest company in the category to hit revenues of ₹1,000 crore, it plans to earmark ₹365 crore primarily to amplify its offline presence, explore inorganic growth, and enhance its research and development efforts. With a valuation pegged at $1.2 billion, or ₹10,000 crore at ₹324 per share, Honasa has garnered significant attention and critique on social media regarding its IPO strategies and red herring prospectus.

Mahindra Lifespace Developers, the real estate and infrastructure development business of the Mahindra Group, has recorded pre-sales of Rs 455 crore for 0.68 million sq ft saleable area in residential business for the quarter ended September. The company’s collections in residential business during the quarter stood at Rs 311 crore. The developer launched 0.47 million sq ft of saleable area as part of its phase 3 at Tathawade in Pune. “The real estate industry is witnessing strong tailwinds especially in the mid-premium and premium segments.

Tata Consultancy Services (TCS) have asked employees to return to office three days a week but Infosys, HCL Technologies and Wipro continue to allow employees to come in between one and three days a week. The companies are all nudging employees rather than imposing blanket rules, citing cohesive team work, better data safety, and lower chances of moonlighting. But this stance is in direct contrast to their approach when the hiring frenzy was at its peak.

Ritesh Srivastava, Founder & CEO, FREED, says “I would advise consumers that it does not give you points to own four or five credit cards. The key is to identify your needs. What is it that you will have the ability to pay in full at the end of the month? Just own those many credit cards and keep one for rainy day expenses but as long as you are financially disciplined. Credit can be a great asset for an individual, but if not handled wisely, can soon turn into a big debt trap.” How many credit cards do you own? I own about four credit cards but I use two credit cards very frequently.So, I may own four, but I only use two credit cards when it comes to running any charges on it.

Investing.com — Amazon shines with its third-quarter earnings, helping push Wall Street into a positive close to the week. The Fed's favorite gauge is due later in the session, while crude prices gain on elevated Middle East tensions. Next week's Bank of Japan meeting also looms large. 

Ameriprise Financial Thursday announced a big hike in its adjusted profits for the third quarter and and attributed the success to a significant expansion in client assets and a surge in assets under management.

Huawei Technologies saw a slight uptick in revenue in the first three quarters of 2023, with the company citing growth in its digital power and cloud businesses as well as the growing competitiveness of its vehicle components unit. Huawei posted revenues of 456.6 billion yuan ($62.4 billion) for the first three quarters of the year, up 2.4% from a year earlier.

bonds provide investors with a comparatively secure and reliable investment alternative. Because they are guaranteed by the Indian government, these bonds are among the safest investments in India. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here According to Abhijit Roy, CEO, of GoldenPi, in the Indian bond market, government bonds are crucial pieces of equipment that the government uses to raise money.

The festive time is here again, and you must be waiting for good deals to purchase gold on auspicious days. Buying gold is not just a financial decision but also an emotional one for Indian households. Often, we miss out on key things when we decide to purchase gold. It is not just the discount or offers that we must look at but there are many factors you must consider before purchasing the precious metal.

Food ordering and delivery platform Zomato on Wednesday announced the launch of a comprehensive maternity insurance plan for its female delivery partners.

Urban Vault, one of the leading managed office space providers in India, has announced the addition of 10,000 desks across major micro-markets of Bengaluru as part of the company’s strategy to expand its portfolio to meet the rising demand for flexible workspaces.

Zerodha Fund House on Wednesday (October 25) announced the launch of its maiden funds – Zerodha Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, open-ended, passive, index equity mutual fund schemes. The NFO opened on 20th October 2023 and will remain open till 3rd November 2023. 

Diwali is one of the biggest festivals in India, and it is a time for celebration and joy. However, it can also be a time of financial stress for many people. The cost of buying new clothes, gifts, and sweets can add up quickly. If you are worried about facing financial stress during Diwali, there are a few things you can do to celebrate without breaking the bank.

Elon Musk closed a $44 billion deal to take over Twitter, after trying to pull out in between but facing a lawsuit. Since then, the microblogging platform, which has been rechristened X, has been on a roller-coaster ride, with few ups and lots of downs, losing money, advertisers and trust. To mark the one-year anniversary, X chief executive Linda Yaccarino penned a lengthy, glass-half-full blog about the platform under its new ownership and management.

Google and he can expect inquiries about the company's efforts to maintain competitiveness in search, particularly with the rise of smartphones, and its innovations in search advertising. During cross-examination, government representatives may inquire about the substantial annual payments Google makes to secure its search engine as the default on smartphones. Reportedly, the U.S.

BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to develop its ecosystem with the imminent release of its own car.

Alastair Provan will retire as Bell Financial’s executive chairman, calling time on more than four decades at the brokerage firm.

₹6,558 crore in Indian stocks.Oil prices rose on Friday, regaining ground after tumbling more than $2 a barrel in the previous session as concerns of a wider Middle East conflict eased while the United States, the world's biggest oil consumer, showed signs of weakening demand.Global markets continued to tumble with Wall Street nearly 10% below its high mark for the year after big-name companies warned an uncertain global economy may hurt their profits.Indus Towers, the world’s largest telecom tower provider, is in discussions with Vodafone Idea to create a ‘time-bound’ plan for the repayment of the telco's dues, even as it has received some pending dues from Vi during the quarter.“While the customer had some challenges during the quarter, we will receive the monthly payments in October from them. Our expectation is that the monthly payment will continue.