CEO Financial News
13.01 / 02:57
markets
CEO
Analysis
economy
Enterprise
Trade
country
SMEs will thrive, with many advancing to main board: BSE CEO
Sundararaman Ramamurthy, MD & CEO, BSE, says as the nation grows, so does its economy, leading to the expansion of individual enterprises. Entrepreneurs are investing their life savings into their ventures, and I believe that small and medium-sized enterprises (SMEs) will thrive, with many advancing to the main board. Once listed, these companies may pursue multiple exchange listings, enhancing liquidity, credibility, and access to financing, which will support greater capital formation and benefit the economy. What is your view on how the SME listings for BSE would move for this year? Sundararaman Ramamurthy: Let me give you a macro picture and then let me come to the BSE picture. From a macro level, we are talking about 6.2, 6.3 crores of SMEs in the country. Today we are talking about the total listing of some 1,000 plus companies across exchanges. All the 6.2 crore companies may not be big enough to come for listing or may not be requiring a listing as well.
13.01 / 00:57
markets
CEO
Strategy
wellness
performer
isolate
Need to see TCS Q3 show in larger macro context: CEO K Krithivasan
Tata Consultancy Services (TCS) in the third quarter, regarded as having been below par, should not be seen in isolation but in the context of macroeconomic factors impacting spends, CEO and MD K Krithivasan told Beena Parmar & Surabhi Agarwal in an interview. He also spoke about early signs of revival, how the new US regime is expected to be more business friendly and competition from global capability centres (GCCs). Edited excerpts: How do you react to the December quarter being termed as the poorest Q3 performance in several years? We have to see context also… we know that for a long period now, we have been going through a phase where there is market uncertainty, less intent to spend on behalf of clients. If you had a previous few quarters which were super and then suddenly this drops, then you can say this is a bad performance. So, see (the last quarter) in the context of how the overall growth environment is. Taking it in isolation and saying that this is a worse performance (may not be right).
13.01 / 00:35
markets
Provident
Manufacturing
CEO
Sony
trends
‘Consumer sentiment seems generally positive’
Subscribe to enjoy similar stories. Suresh Soni, CEO of Baroda BNP Paribas MF, highlights a decline in India's price-earnings premium to other emerging markets, expecting Systematic Investment Plan (SIPs) to persist as a favoured investment method despite a shift in foreign portfolio investor focus towards developed markets. The recent market correction has meant a reduction in the price-earnings premium of India over other emerging markets from around 20% levels to ~13-14%.
13.01 / 00:09
markets
CEO
Strategy
Align
pandemic
outbreak
2020
Home delivery eats DMart Ready's grocery lunch
Subscribe to enjoy similar stories. The instant commerce avalanche has caught Avenue Supermarts Ltd's DMart Ready stores off-guard, forcing India's largest listed retailer to shutter many of these pick-up points and shift focus to the home delivery space. Avenue Supermarts rolled out the DMart Ready model following the covid pandemic outbreak in 2020, where customers could order online and collect groceries from a pick-up point.
12.01 / 18:21
markets
Digital
CEO
Strategy
Experts
PAM
DMart's fundamental business principles should stay intact: CEO Neville Noronha
Neville Noronha, the chief executive of Avenue Supermarts that operates DMart retail stores, said the foundational ethos and principles that have guided the company should remain unchanged, irrespective of leadership transitions. «We operate on straightforward, fundamental business principles, and these must stay intact. While strategies and operational details might evolve, the culture of the company should never be compromised,» he said in a chat with ET, a day after announcing his plan not to extend his contract as CEO. Noronha has spent more than two decades in the supermarket chain. On Saturday, Avenue Supermarts announced that Anshul Asawa will replace Noronha in February 2026, after the latter chose not to continue.
12.01 / 15:37
12.01 / 14:55
markets
UPS
CEO
pandemic
Celebrity
Department
Department of hate: Why employees like to dislike HR
Subscribe to enjoy similar stories. Mumbai: In 2016, Amitabh K., a senior marketing executive working at a multinational technology company in Mumbai, raised what he thought was a pertinent question: “Where are the non-whites in the senior management team?" He brought up the issue with the company’s human resources (HR) department while discussing the possibility of a promotion. He noticed that while a substantial chunk of the company’s employees were from across the globe, there was little diversity at the top.
12.01 / 13:33
UPS
CEO
Browser
country
testing
Features
The parents letting their kids talk to a mental-health chatbot
Subscribe to enjoy similar stories. We hope our kids will come to us when they are feeling anxious or depressed. What if they turn to a chatbot instead? Taylee Johnson, a 14-year-old near Nashville, Tenn., recently began talking to Troodi.
12.01 / 12:33
markets
Citi
Digital
CEO
Strategy
PAM
country
Yulu Bikes eyes growth in non-metro towns with franchise model
shared mobility service provider Yulu Bikes is looking to increase its footprint in tier-2 and -3 cities through a franchise model. CEO Amit Gupta told ET that the company is shifting focus to non-metro regions to drive revenue growth. “Currently, we have a 45,000-strong vehicle fleet in the market, which we expect to cross 100,000 in this current year. Adopting a go-to-market strategy, we are looking at expanding our franchise business models with local who want to run Yulu service in their respective cities,” he said.
12.01 / 09:47
CEO
Align
Remark
love
country
voice
social
Adar Poonawalla, CEO of Serum Institute of India, says his wife Natasha loves staring at him on Sundays
Adar Poonawalla, CEO of the Serum Institute of India, echoed Mahindra Group Chairman Anand Mahindra's views on the necessity of work-life balance. In a lighthearted remark, Poonawalla noted, “Even my wife enjoys staring at me on Sundays,” aligning with Mahindra’s earlier statement about cherishing personal time. Mahindra, a prominent voice on social media, had previously quipped, “I’m on social media, not because I’m lonely. My wife is wonderful; I love staring at her. I’m here because people don’t realize it’s an incredible business tool.” His comment, delivered at a recent event, was widely interpreted as a witty critique of L&T Chairman SN Subrahmanyan. Subrahmanyan had controversially questioned the utility of Sundays, provocatively asking, “How long can you stare at your wife? What do you do sitting at home?” The debate around work-life balance gained further momentum after RPG Group Chairman Harsh Goenka dismissed the notion of relentless work schedules. Taking to social media platform X, Goenka humorously proposed renaming Sunday as “Sun-duty” while stressing that excessive work hours lead to burnout, not success. He added, “Work-life balance isn’t optional; it’s essential.”
12.01 / 09:37
UPS
CEO
Mobile
economy
inclusion
rights
inequality
Stagnant wages amid fast economic growth: We need an Indian Enlightenment
Subscribe to enjoy similar stories. India’s economic growth story has been impressive. Gross domestic product (GDP) is expanding, corporate profits are looking up and the country is asserting itself as a global economic powerhouse.
12.01 / 07:35
UPS
CEO
Align
Remark
rights
Ex HCL CEO Vineet Nayar scoffs at 90-hr-workweeks, suggests 'Work less, live more' while sharing pic of him getting a head massage on LinkedIn
long working hours gained renewed attention this week following controversial remarks by L&T Chairman SN Subrahmanyan, who suggested employees should work up to 90 hours per week, even on Sundays. Former HCL CEO Vineet Nayar joined the conversation, presenting a contrasting perspective focused on living a fulfilling life rather than measuring productivity by hours worked. In a LinkedIn post, Nayar expressed concern about the glorifying excessive working hours. “The real question isn’t how much you work. It’s how fully you live.” Criticizing relentless schedules and constant connectivity, he emphasized that such lifestyles drain energy, stifle creativity, and erode purpose. “We glorify long hours, back-to-back meetings, and being always on. But an unlived life drains energy, creativity, and purpose,” he argued. The entrepreneur shared a picture of him getting a head massage from a street professional named Shah Rukh and wrote, «Today, I didn’t just get a head massage. I took back a moment of my life. nd by the way, Shahrukh gives the best head massage ever. Grateful he kept going till I almost fell asleep.»
12.01 / 02:27
markets
Digital
CEO
Strategy
Experts
PAM
reports
Oracle of Omaha, Warren Buffett has updated his death plan; here's what will happen to his billions of dollars after he is dead
Berkshire Hathaway CEO has recently taken to raising billions in cash piles instead of investments, which is not very common coming from him. Buffett sold a bulk of his shares in Apple, which came as a surprise especially after the fact that this stock has been one of the biggest frontrunners at Wall Street in 2024, being the highest valued company in the world. Many are even claiming that Buffett is able to see what others are not able to., and that there are chances a stock market pinfall may be incoming. Warren Buffett has a major knack of accurately understanding market behavior, based on his decades of experience. Therefore, his sudden shares dumping activity has raised alarms at the highest levels of Wall Street, as per reports.
11.01 / 22:11
markets
Art
CEO
WhatsApp
Instagram
Experts
Meta Ceo
information
Meta CEO Mark Zuckerberg's own post about MMA knee injury gets demoted by algorithm, forces him to end Facebook censorship
Meta's shock announcement that it would halt its fact-checking operations in the US has stunned media outlets and netizens around the world. Now a purported reason behind the Facebook, Instagram, WhatsApp owner's move has been revealed. Zuckerberg's own post regarding his injury while training for a mixed martial arts (MMA) bout could not become viral due to censorship restrictions, New York Post reported quoting Wall Street Journal. «Tore my ACL sparring and just got out of surgery to replace it. I was training for a competitive MMA fight for early next year, but now that’s delayed a bit. Still looking forward to it after I recover. Thanks to everyone for the love and support,» Meta CEO posted in November 2023.
11.01 / 16:43
11.01 / 16:33
Waves
CEO
Remark
love
country
Relationships
Anupam Mittal's 'If husband and wife don't look at each other...' humourous response to 90 hour debate goes viral.
Shaadi.com CEO and Shark Tank India Season 4 judge, Anupam Mittal, recently responded with humor to L&T Chairman SN Subrahmanyan's controversial remarks about work-life balance. Mittal's witty comment on X highlighted the absurdity of the statement, sparking a wave of reactions online. He said, “But sir if husband and wife don’t look at each other, how will we remain the most populous country in the world."
11.01 / 14:57
UPS
CEO
Analysis
Trade
Experts
country
DMart Q3 Results: Standalone profit up 6.5% to Rs 785 crore, revenue jumps 17.5%
Avenue Supermarts, which operates the retail chain of DMart, on Saturday announced that its standalone Q3 revenue jumped 17.5% year-on-year (YoY) to Rs 15,565 crore while profit rose 6.5% YoY to Rs 785 crore. The retailer's EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5% on a YoY basis.
11.01 / 12:27
markets
CEO
Platform
Strategy
PAM
social
OpenAI, Meta, Uber CEOs to attend Trump inauguration events
Donald Trump’s inauguration this month, the latest sign that the industry is trying to bolster its relationship with the president-elect ahead of his return to the White House. OpenAI chief executive officer (CEO) Sam Altman plans to go to the swearing-in ceremony on JanU 20, said a company spokesperson. Meta Platforms Inc. CEO Mark Zuckerberg also plans to go to the event, according to a person familiar with the matter, who spoke on condition of anonymity to discuss private information. A spokesperson for Meta declined to comment. Uber Technologies Inc. CEO Dara Khosrowshahi will be at some of the surrounding festivities, according to the company. Uber also plans to host an inauguration party in Washington with Elon Musk’s X social media firm and The Free Press, a media company.
11.01 / 09:13
Career
CEO
Platform
Action
love
social
Delhite pleads employers to hire her 'hardworking, exceptional' father on LinkedIn; post goes viral
Describing him as “hardworking, loyal, empathetic, and exceptionally talented,” she shared his illustrious career journey, which includes roles ranging from manager to CEO at esteemed companies like Swaraj Mazda, Maruti Joint Venture, and others. Taking to LinkedIn, she wrote, “I am using this platform not for myself but to seek a lucrative job offer in the automobile sector (Paint shop) for my father. As he is not active on social media, I, his proud daughter, am sharing his resume and experience on his behalf. With 30-40 years of expertise in the automobile industry, particularly in the paint shop segment, he has served as a Manager, Plant Head, Director, and CEO in top companies.” She emphasized his leadership qualities, calm demeanor, and exceptional communication skills, adding that his juniors, many of whom he trained decades ago, continue to work under his guidance—even switching companies to stay with him.
11.01 / 04:49
markets
Citi
Digital
CEO
Strategy
Align
PAM
Congnizant gives a different hike as IT co changes retirement age from 58
Cognizant has increased the retirement age for its employees in India from 58 to 60 years, bringing it in line with broader market practices, ToI reported. This change applies to all employees in the country, including those who have relocated on-site without a change in payroll. “This change aligns with common market practice and our commitment to attract and retain experienced talent,” the company stated in a memo reviewed by The Times of India. Most IT companies in India currently set their retirement age at 58, making Cognizant’s move a notable shift in policy aimed at leveraging experienced professionals in a competitive talent landscape. Speaking at an event in India, Cognizant CEO Ravi Kumar S shared with PTI the company’s vision for India’s role in its global operations. Ravi, who recently received the Pravasi Bharatiya Samman 2025 award from President Droupadi Murmu, highlighted India’s growing significance in the global technology landscape.
11.01 / 03:43
Coca-Cola
CEO
Enterprise
Food
President
Colleges
Warren Buffett prepares his middle child for the job of a lifetime
Subscribe to enjoy similar stories. When Howie Buffett first bought a front-end loader, he didn’t know how to start it. When he ran to be a county commissioner of Douglas County, Neb., he didn’t know what the board did.
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