CEO Financial News

Subscribe to enjoy similar stories. The first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. However, this number will undergo repeated revisions in subsequent releases.

Jensen Huang, will remain a story for all stock market and tech enthusiasts for years to come. The company CEO has led his company from mid-range positions at Wall Street to becoming one of the biggest companies in the world, and is now a solid backbone for the S&P 500 index in recent days.

X (formerly known as Twitter) which will be including the removal of date and time stamps from posts in the main timeline, reported Fortune. According to Fortune, this proposal has actually raised concerns among the staff regarding its potential to exacerbate misinformation as most of the users might lack the crucial context about the timing of posts. Tesla CEO Elon Musk believes that eliminating these timestamps could actually enhance the user interface, although at the same time, many employees worry that it could lead to confusion for casual users who typically scroll without clicking through to individual posts. In addition to this change, X plans to implement an $8 sign-up fee for the new users which could begin as early as the month of February, asserted Fortune. This fee aims to combat bots on the platform but has been eventually criticized as an unusual move for a social media service which traditionally relies on ad revenue from free users.

Subscribe to enjoy similar stories. Infosys Ltd has alleged that its former executive S Ravi Kumar deliberately delayed the rollout of its product rivalling Cognizant Technology Solutions Corp’s healthcare solution as he was in talks to join as the chief executive of the Nasdaq-listed firm. Infosys Ltd filed a complaint in a US court on Thursday, claiming that Kumar delayed Helix, Infosys’s healthcare claims processing software, by 18 months when he was negotiating a switch to Cognizant.

Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power companies

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business

Subscribe to enjoy similar stories. New Delhi: The Global Energy Alliance for People and Planet (GEAPP) plans to use India as a testbed for new decarbonisation technologies that would then be commercially operationalised in other developing countries.

Subscribe to enjoy similar stories. Remember when OpenAI’s nonprofit board unceremoniously fired Sam Altman? It was a four-day spell in the wilderness for its CEO, sparked by the claim he hadn’t been “consistently candid" with the directors. A year later, Altman isn’t being very consistent about the future of artificial intelligence (AI).

LinkedIn to call out a job-seeker, a mobile app developer from India, for allegedly ghosting him after an interview. The entrepreneur accused the candidate of showing disrespect during the hiring process and labelled the behaviour as “unprofessional”, even tagging the candidate and his company in the post.

Subscribe to enjoy similar stories. Three years after Donald Trump left the White House, he published a coffee-table photobook of his first term that showed him meeting with Mark Zuckerberg in the Oval Office. The photo carried an ominous warning.

Tesla CEO Elon Musk has eventually sparked a pretty huge controversy by criticizing the California fire officials while claiming that they prioritize diversity, equity and inclusion (DEI) measures over actually and effectively combating the wildfires, reported Independent. The remarks of Tesla CEO Elon Musk actually comes amidst the catastrophic wildfires which took place in Los Angeles County consuming over 27,000 acres while leading to at least five fatalities and widespread evacuations of more than 100,000 residents.

Sustainability is a key theme this year at the annual CES tech trade show in Las Vegas

Subscribe to enjoy similar stories. On-demand food and grocery delivery player Swiggy rolled out three new standalone smartphone apps this week. The company is starting the year by testing an interesting strategy of introducing separate apps while maintaining a single unified app for all services.

Steve Bannon continues to stoke the internal MAGA conflict in the early parts of the year 2025 while focusing on two primary targets which are H1-B visas and House Speaker Mike Johnson, reported Daily Beast. On his podcast, Steve Bannon pretty recently launched scathing attacks against Tesla CEO Elon Musk and Vivek Ramaswamy who support H1-B visas for the foreign tech workers.

fintech startup AtoB plans to open a research and development centre in Bengaluru to power its growing global operations, cofounder and CEO Vignan Velivela told ET.

demat account additions in December grew at the slowest pace in 10 months as the recent declines in the stock market and regulatory restrictions on equity derivatives discouraged investors and traders from opening new accounts. The total number of demat accounts rose by 1.65% to 185 million in December from 182 million in November — the slowest growth in percentage terms since February 2024.

US President- elect Donald Trump might actually conduct his presidential duties from Mar-a-Lago which is his Palm Beach estate rather than spending significant time in Washington DC, reported People.

OpenAI is actually facing some significant financial challenges as OpenAI CEO Sam Altman revealed that the company is currently losing money on its $200 per month ChatGPT Pro subscriptions, reported Futurism.

State Bank of India (SBI) taking charge of sensitive or troubled lenders in the country.

Tata Trusts chairman Noel Tata's daughters Maya and Leah have been inducted on the board of trustees of the Sir Ratan Tata Industrial Institute (SRTII), a subset of Sir Ratan Tata Trust, one of the two principal shareholders of the group holding company Tata Sons.