CEO Financial News

Pee Safe, a hygiene and wellness brand has raised $3 million in a Series B funding round led by Natco Pharma Limited, and Rainmatter Health. Nithin Kamath and Nikhil Kamath, founders of Zerodha. Alkemi Growth Capital, an existing investor, also participated in the round. «This funding will accelerate our expansion efforts and establish us as the leading brand in the rapidly growing intimate wellness sector, which boasts a remarkable CAGR of 16%,” Vikas Bagaria, founder and CEO of Pee Safe adding that over the past five years, the brand has achieved a growth rate of 100% CAGR, surpassing market expectations.

Former BharatPe CEO Ashneer Grover on Tuesday responded to a defamation case filed against him over his remarks on Indore's top rank in the Centre's cleanliness survey. “Sorry. Not Sorry!" the entrepreneur wrote in a long post on X (formerly Twitter).

Mumbai, 1st September: Shivaami announced that it has received a 2023 Google Cloud Partner of the Year Award. A magnificent fourth time for their stellar performance.

Outlined below are the top 5 indispensable items that every student must have when embarking on a journey abroad for studies:1. Medicines: Ensure you carry an ample supply of medications you've been consistently using. Especially for prescribed medications, it's advisable to have a substantial stock.

Softening demand for talent and “unevenness and uncertainty” in the professional services market have driven below-inflation pay increases for Deloitte staff in the 2023-24 financial year.

The clean energy arm of Malaysia’s national oil and gas company Petronas intends to use acquisitions, joint ventures and organic growth to build a portfolio of solar, wind and battery storage projects totalling between 5 gigawatts and 8 gigawatts by 2030.

banking services when extra funds are required for essential needs like medical supplies and food. Cryptocurrency transfers have increasingly become a means of delivering financial aid to disaster victims due to their speed, low cost, borderless nature, and transparency.

The MCX October gold futures were trading up by Rs 35 or 0.06% from the Monday closing price at Rs 58,965 per 10 gram on the MCX while the December Silver futures were trading at Rs 72,160 per kg, higher by Rs 218 or 0.30%. On Comex, Gold futures were trading at $1,946 per troy ounce on Tuesday, down by $1.20 or 0.06% while Silver futures were at $23.445, higher by $0.062 or 0.270%. The October Gold futures had ended with gains of Rs 40 or 0.07% per 10 gram at Rs 58,938 on Monday while the December Silver futures closed lower at Rs 71,940, down by Rs 377 per kg or 0.53%. Expert Anuj Gupta, Head Commodity & Currency, HDFC Securities said that the market was awaiting the US economic data and FOMC decision on interest rates, later this month while adding that profit booking in dollar index from higher levels was also the reason why gold is steady. «For trading gold may trade between $1,910 to $1,930 levels and on the MCX it may trade between Rs 58,500 and Rs 59,300 levels with broadly mixed trend,» he added.. Prithviraj Kothari, MD & CEO of RiddiSiddhi Bullions Limited (RSBL) said that a higher-than-expected monthly reading may encourage hawkish Fed bets and further weigh down on gold.

economic downturn last year too, as he expressed the same concerns around central banks and the Ukraine conflict. However, the US economy is in good shape at present despite aggressive rate hikes by the US Fed. Many economists believe the US will avoid a recession.

By Casey Hall

JPMorgan Chase CEO Jamie Dimon blasted stricter capital rules proposed by U.S. regulators, telling investors on Monday that they could prompt lenders to pull back and stymie economic growth. The proposal to require banks to set aside more capital to guard against risk was «hugely disappointing» and involved a «lack of transparency» from regulators about the rationale, Dimon said at a conference in New York. «I wouldn't be a big buyer of a bank,» the chief of the largest bank in the U.S.

Reliance Industries: Reliance Retail Ventures Limited announced today that global investment firm KKR, through an affiliate, will invest ₹ 2,069.50 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of ₹ 8.361 lakh crore, which makes it among the top four companies by equity value in the country.

elite jury led by Kotak Mahindra Bank founder and director Uday Kotak will meet virtually on Tuesday to pick the winners of the ninth edition of India’s most coveted prize for entrepreneurial excellence – The Economic Times Startup Awards (ETSA). Joining Kotak on the jury will be Ranjan Pai, chairman of Manipal Hospital; Shekhar Kirani, partner at Accel; Supam Maheshwari, cofounder & CEO of FirstCry; Deepinder Goyal, cofounder & CEO of Zomato; Kalyan Krishnamurthy, CEO of Flipkart group; Renuka Ramnath, founder of Multiples PE; Harshil Mathur, cofounder & CEO of Razorpay; Roshni Nadar Malhotra, chairperson of HCLTech; Satyan Gajwani, vice chairman at Times Internet; and Arjun Sethi, cofounder of Silicon Valley-based Tribe Capital, who will also be a part of the high-powered panel.

investments in plain vanilla equity products — especially those investing in mid- and small-caps. Investors, who still do not want to miss the equity buzz, may consider hybrid mutual fund schemes, like balanced advantage funds, which invest in a mix of stocks and bonds and alter the investments based on the valuations; or opt for long-drawn Systematic Investment Plans (SIPs) in equity plans. In the past six months, the Nifty 50 has moved up by 15.5%, while the Nifty Microcap 250 has jumped 57%.

London-listed private equity investor Intermediate Capital Group has cut the ribbon on a rebooted auction for its Aussie transport and storage solutions business, SCF Containers, after swapping sell-side advisers earlier this year.

Zodia Custody, a company that helps large institutions store their crypto, launched in Singapore on Tuesday in a bid to tap into the country's rapidly growing digital asset market.

Federal inspectors found an alarming number of defects in the locomotives and railcars Union Pacific was using at the world's largest railyard in western Nebraska this summer, and the railroad was reluctant to fix the problems

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J

The fashion designer who created the wedding dress of Kate Middleton, Princess of Wales, is stepping down as creative director at Alexander McQueen after two decades at the brand, luxury group Kering said

JetBlue Airways is making another move to try to save its proposed purchase of Spirit Airlines

The former CEO of Alibaba has resigned as head of its cloud computing business in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle