CEO Financial News
22.09 / 19:03
Provident
CEO
Celebrity
stage
2024
ICC T20 World Cup 2024 : West Indies, US to host, starting from June 4
It will be hosted across seven Caribbean venues — Antigua and Barbuda; Barbados, Dominica, Guyana, Saint Lucia, St Vincent and the Grenadines; and Trinidad and Tobago., along with three venues in the USA — Dallas, Florida and New York. «The International Cricket Council (ICC) today confirmed the seven venues in the Caribbean that will host the ICC Men's T20 World Cup 2024 from 4 to 30 June. Antigua & Barbuda, Barbados, Dominica, Guyana, Saint Lucia, St.
22.09 / 18:33
UPS
CEO
economy
Gillette
reports
Demand up, but inflation worrying: P&G Hygiene
Health Care Ltd on Friday pointed to a broad consumption rise in its business segments, even as steep commodity prices, erratic rains and the recent spike in inflation keep the maker of Whisper, Vicks and Old Spice on its toes. “We’re seeing consumption trends to be broadly up, driving our optimism," said Gautam Kamath, the company’s vice-president of finance. “However, retail inflation for the months of July and August have averaged 7% and August rainfall has shown an 11% negative deviation from the norm, driving the caution part of it.
22.09 / 18:01
Aviat
Aware
CEO
Airlines
Strategy
economy
travelers
Customers
IndiGo is becoming a global airline, will also develop own catering products for intl customers: CEO Pieter Elbers
India market share is one of the highest for any airline in a domestic market across the world. But its larger strategy now is becoming a more global airline from a purely domestic one, Pieter Elbers, who was brought in as chief executive last year from Air France-KLM, tells Arindam Majumder. Edited excerpts:Q. It has been a year of aggressive expansion adding international destinations where Indians hardly travelled before. Are those yielding money? A: It is a strategy that we launched a year ago — that we build our own network, develop partnership, and expand connectivity.
22.09 / 18:01
22.09 / 18:01
VISA
CEO
Death
Bill
prevention
Reforming the US immigration system to make America attractive again
Vivek Ramaswamy to have become the most popular Republican presidential candidate after Donald Trump. Recently, Ramaswamy had pledged to overhaul the H-1B visa system, advocating for a merit-based selection process, instead of the current lottery system. The US immigration system is widely recognised as broken. But issues at the US-Mexico border take precedence over much-needed reforms for legal immigrants, including skilled workers, entrepreneurs and students.
22.09 / 17:57
22.09 / 17:57
22.09 / 17:57
UPS
Progressive
Ford
Fox
CEO
President
UAW strike spreads to more GM, Stellantis facilities, Ford spared amid progress in talks
ERShares CEO Joel Shulman discusses the current state of the markets and the ongoing UAW strikes.
22.09 / 17:00
UPS
CEO
Fighting
Remark
Adidas
Anti-Defamation League says Adidas CEO apologizes for misstatement about Kanye West
The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company’s fight to end antisemitism
22.09 / 17:00
Career
CEO
show
reports
Who are Rupert Murdoch's children? What to know about the media magnate's successor and family
Media magnate Rupert Murdoch is stepping down as the leader of both Fox News’ parent company and his News Corp media holdings, with his son, Lachlan, set to take his place
22.09 / 16:59
Lowe's
Extreme
CEO
President
Experts
country
Top warming talks official hopes for 'course correction' and praises small steps in climate efforts
A top official of upcoming international climate negotiations hopes to prove critics wrong and surprise them with a “course correction” for an ever-warming world
22.09 / 16:59
BLOCK
Microsoft
CEO
Warcraft
show
country
Deal
Activision
Microsoft's revamped $69 billion deal for Activision is on the cusp of going through
British competition regulators has signaled that Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard is likely to receive antitrust approval
22.09 / 16:59
22.09 / 16:07
COST
UPS
Booking
CEO
Strategy
shock
National
National Bank CEO warns of harsh 'new reality' for fixed-rate mortgage borrowers
National Bank of Canada is better positioned than many of its larger rivals to navigate a downturn that’s poised to hit banks’ balance sheets and customers, according to chief executive Laurent Ferreira.
22.09 / 15:47
UPS
CEO
Platform
show
track
social
‘Tech bug’ on Swiggy leads to allegations of overcharging from users. Here's what happened
Swiggy, a food delivery aggregator faced sudden allegations of over charging its platform users while buying food from restaurants. The issue was flagged by several over social media platform 'X' (Formerly Twitter), seeing explanation on the what customers thought were surcharges. Here's what happened.
22.09 / 15:31
UPS
Digital
CEO
Align
AXA
Allianz
500
Karnataka Bank to raise Rs 1,500 cr in equity to fund growth
Karnataka Bank’s board on Friday decided to raise about Rs 1,500 crore in fresh capital in one or more tranches through preferential issue / rights issue/ QIP or any other permissible mode. The board decision, however, is subject to shareholder approval. The board approved the issuance of up to 3,34,00,132 equity shares of face value of Rs 10 each to HDFC Life Insurance Company, Bajaj Allianz Life Insurance Company, Quant Mutual Fund, Bharti AXA Life Insurance Company, and Bajaj Allianz General Insurance Company at a price of Rs 239.52 per equity share (including premium of ₹ 229.52/- per share), amounting to about Rs 800 crore on a preferential basis. The proposed issue will help the bank strengthen its financial foundation for future growth.
22.09 / 14:55
22.09 / 13:37
Provident
Aware
CEO
Mobile
Bill
track
How add-on credit cards can be useful for your family
If your track record is very clean, then most banks would like to offer you add-on credit cards with a higher credit limit and added features. An add-on card is like a supplementary or secondary card. These cards can be used by your spouse, children and even parents and siblings.
22.09 / 13:37
Citi
CEO
economy
pandemic
Real estate continues to remain preferred asset class for investment: Survey
Potential homebuyers are optimistic about the economy and their future earnings, which augurs well for driving demand in the property market. Real estate, in fact, continues to be the preferred asset class with 48 per cent of the respondents opining that they would want to invest in property as it is a stable hedge against inflation and is a time-tested wealth-building tool, according to a survey conducted by Housing.com in collaboration with NAREDCO.
22.09 / 13:37
Provident
CEO
Strategy
Align
performer
track
information
10 things investors should check before investing in mutual funds
Investing in mutual funds is a popular and accessible way to grow one’s wealth. However, before diving into mutual funds, it’s essential for investors to conduct thorough due diligence. Ensure you comprehend the fund’s approach before investing. Dive into the fund’s investment process and strategy. Is the strategy aligned with your objectives?
22.09 / 13:12
Citi
Digital
CEO
reports
Centre
Flipkart unveils grocery fulfilment centre at Sonipat
Flipkart on Friday launched a new grocery fulfilment centre, or warehouse, at Sonipat in Haryana that will help the online marketplace expand its grocery services to over 150 pin codes across tier-II and tier-III towns such as Meerut, Panipat, Rohtak and Wazirpur. The fulfilment centre has the capacity to accommodate an inventory of over 40 lakh units, with 2.9 lakh units being dispatched each day, the company said.
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