CEO Financial News

Godrej Properties has acquired nearly 110 acres of land parcel in Nagpur where Godrej Group's property arm plans to develop plotted residential units, with a saleable area exceeding 2 million square feet. The land parcel is located near the recently operationalised Samruddhi Mahamarg, the expressway connecting Mumbai and Nagpur, and the MIHAN Special Economic Zone (SEZ). «The addition of this new project to our portfolio fits within our strategy of strengthening our presence across key micro-markets in India,» said Gaurav Pandey, MD & CEO of Godrej Properties.

(Reuters) — Walgreens Boots Alliance (NASDAQ:WBA) is considering former Cigna (NYSE:CI) executive Tim Wentworth to be its next chief executive, Bloomberg News reported on Friday, citing people familiar with the matter.

Offshore gas operators are calling for urgent reforms to petroleum approvals regulations after the Federal Court overturned approval for seismic testing on Woodside Energy’s $16.5 billion Scarborough LNG project.

Morgan Stanley’s 15,000 financial advisors will have to work harder in 2024 and generate more revenue to earn the same amount of take-home pay as they did this year.

A recent webinar brought together advisors and experts to talk about fee-based annuities.

Password-sharing crackdowns are becoming more and more common in the streaming world today

Wonder Group is buying meal kit company Blue Apron for about $103 million as the company looks to enhance its offerings

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Advent International on Friday announced the completion of its majority acquisition of Hyderabad-based listed contract development and manufacturing organisation (CDMO) Suven Pharma. Advent acquired 50.1% stake in Suven at an agreed price of Rs 495/share in December last year a firm promoted Venkat Jasti and his family members for Rs 6,313 crore paying ₹495 per share.

Europe's largest carmaker, Volkswagen (OTC:VLKAF)(ETR:VOWG_p) announced Friday that the automaker plans to build its new generation of Trinity EV at its factory in Zwickau, canceling plans for an all-new factory that were championed under the group's former CEO.

The FCA’s requirements are set to take effect from the 8th of October this year, and mandates enhanced consumer protection measures ensuring consumer confidence and security amidst a volatile backdrop where major players have paused their UK operations such as Chase UK.

₹9,000 crore to a Chennai cab driver. In a regulatory filing, TMB informed about a board meeting on Thursday during which the resignation of S Krishnan was accepted. TMB added that the bank has updated the Reserve Bank of India (RBI) about the resignation for their guidance and S Krishnan will continue as MD and CEO till the guidance or advice is received from the central bank.

TiE Global Summit (TGS) 2023, the flagship event of TiE Global, is set to bring together visionaries, industry leaders, investors, and entrepreneurs from across the globe. This is the 8th annual edition of the event. This premier entrepreneurial event is scheduled to take place from 15 – 17 November 2023 at Singapore Expo and Marina Bay Sands hotel.

WASHINGTON (Reuters) — The U.S. Securities and Exchange Commission on Friday charged Newell Brands and former Chief Executive Newell Brands Inc and former CEO Michael Polk with misleading investors about sales.

Hyderabad were lifted after the Telangana High Court on Friday ordered to defreeze the bank accounts HCA, the host association. The Hyderabad Cricket Association (HCA), run by a Supreme Court-appointed single member committee in the absence of elected office-bearers, on Wednesday had approached the Telangana High Court for defreezing of the bank accounts which the lower court had attached. «The court order has come through and the bank account is operational,» HCA CEO Suneel Kante told PTI.

Raymond CEO — Lifestyle Business Sunil Kataria was re-elected as the India Society of Advertisers (ISA) Chairman for 2023-24 at the newly elected Executive Council meeting on September 28. Kataria has led the ISA over the past seven years to greater heights, garnering support from fellow Executive Council members, the ISA members, and other industry bodies. On his re-election, Kataria said, “In our journey towards creating a greater value proposition for the ISA in the industry, the focus will be to make this unique body even stronger in the future to provide value-added support to our members for the new normal and beyond.

There's a shakeup at the top of Allegiant Travel, the parent company of the Allegiant budget airline

(Reuters) -Japan's Sony (NYSE:SONY) Group Corp said on Friday a merger of its Indian unit with Zee Entertainment Enterprises, which had an initial deadline of September, would take a few more months to complete.

GENEVA (Reuters) -Global health aid agency Unitaid has written to Johnson & Johnson (NYSE:JNJ)'s (J&J) CEO Joaquin Duato, urging «immediate action» to expand access to the company's tuberculosis drug bedaquiline, which is protected by patents hindering generic alternatives.

By Ananya Mariam Rajesh

Pranjal Kamra, CEO, Finology Ventures, says: “Whether to take the Rs 500 movie ticket or Rs 200 depends on how much money is left in that 30% need bucket. That is how you change your monthly lifestyle and also upgrade it if your planning is well. How will that planning be well? The next 20% you keep investing and keep SIPing so that in the long run, you have more money in your 30% bucket every month through passive income.” What all comes under the bucket of lifestyle expenses? I would say lifestyle expenses are expenses that are born, not out of necessity but out of desire. Just to give you a couple of examples; you know probably if you are going to a movie theatre and you choose to sit in the last row lounge chair that costs Rs 500 instead of choosing a front seat for Rs 200. The additional Rs 300 is pure lifestyle expense. Sometimes going out with family is a necessity. So your movie expenditure could be recreation and entertainment expenses are partly necessary but choosing the most expensive seat is purely a lifestyle expense.