CEO Financial News

NEW DELHI : New Zealand firms are interested in exploring limited trade arrangements with India to expand cooperation in agriculture, dairy and horticulture, among others sectors, said representatives of Kiwi trade groups during a recent visit to Delhi. Bilateral talks on a free trade agreement stalled in 2015. “We have come up with a large delegation here (to Delhi) and it’s really around building partnerships," New Zealand trade and agriculture minister Damien O’Connor said during a visit to India in August.

By Dawn Chmielewski and Akash Sriram

₹410 crore, which follows the 4 September ₹100 crore surprise investment by Nikhil and Nithin Kamath, the founders of India’s largest brokerage Zerodha Broking Ltd. Nazara Tech, which has staged a stellar rally this year and gained over 39% in the last three months, said the firm will issue 5.74 million fresh shares on preferential basis to three MF schemes of SBI Mutual Fund at ₹714 apiece. SBI MF had around ₹7.6 trillion in average assets under management for the June quarter as the country’s largest fund manager.

Victor Herrero, chief executive at Brett Blundy’s fashion jewellery chain Lovisa, cemented his status as one of the highest-paid executives on the ASX by taking home about $30 million in the 2023 financial year.

Kanye West reached out to his friend Elon Musk early this year for a favor: Let me back on Twitter. The social-media platform had suspended West in December for violating its rule against hate speech after he posted an image of a swastika merged with a Star of David. The musician and designer, who goes by the name Ye, has been considering a 2024 presidential run, according to people familiar with his plans, and his campaign advisers wanted him back on.

Airbus on Thursday inked a pact to collaborate in the fields of research, teaching, and training of students to deepen understanding of scientific, technological, and management topics pertaining to the aerospace sector. The Memorandum of Understanding was signed by Remi Maillard, President and Managing Director, Airbus India and South Asia, and Manoj Choudhary, Vice-Chancellor, Gati Shakti Vishwavidyalaya (GSV), in the presence of Railway Minister Ashwini Vaishnaw and Railway Board Chairperson and CEO Jaya Varma Sinha. «GSV will focus on intense industry-academia partnerships.

(Reuters) — Founders behind defunct self-driving startup backed by Ford (NYSE:F) and Volkswagen (ETR:VOWG_p) launched a new autonomous trucking firm, Stack AV, on Thursday with investment from Japan's SoftBank (TYO:9984) Group.

India will be an important country in terms of manufacturing in future, Young Liu, Chairman and CEO of Hon Hai Technology Group (Foxconn) has said, his latest comment adding to a growing chorus of global voices acknowledging the country's bold moves to position itself as electronics and hi-tech production powerhouse. In an interaction with reporters in Taipei, the top honcho of the Taiwanese electronics manufacturing giant said the development of the entire ecosystem and industrial chain, and opportunities for development in India are «very, very huge opportunities». «If there is no big change, India will be a very important country in terms of manufacturing in the future,» Liu said. In the past, it took 30 years to build the entire supply chain ecosystem in China, he noted, adding that while it will take an «appropriate amount of time in India» and the process will be shorter given the experience.

President Joe Biden will nominate a former Obama administration official to lead the Federal Aviation Administration, which has been without a permanent leader for a year and a half

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ChatGPT, OpenAI, Reuters reported on Thursday. The bank is testing it with 1,000 financial advisers for some months. The details of the program have not yet been reported.

By Davit Kirakosyan

Hinduja group flagship Ashok Leyland on Thursday said its aiming to be among the top 10 global commercial vehicle manufacturers in the near future. According to company chairman Dheeraj Hinduja, the heavy commercial vehicle maker is looking at exploring newer markets. Top officials of Ashok Leyland were in Chennai to mark the 75th anniversary celebrations of the city-headquartered company. «You know our vision is clear and we have discussed it many times, that is to be a global Top 10 commercial vehicle player. Currently, we are at No 20...» Hinduja told select reporters. Elaborating, he said the company's sales volume was growing in the Indian market and the 'Avtar' product developed by Ashok Leyland was a modular product, and such products have been developed with a mindset to serve international markets. «What is critical for us is to create the right network outside of India, find appropriate distributors in markets where we are currently not present,» he added. In the last 16 months, the company appointed 13 distributors in the African market with some of them having their own Assembly facility. «We are constantly looking at newer markets..» hinduja said. On the products offered by the company, Ashok Leyland Managing Director and CEO Shenu Agarwal said the country's first hydrogen fuel bus developed by them would be commercially plying on the road by December. On the Hydrogen fuel bus developed by the company for state-owned NTPC, he said, "… it is going to be the country's first hydrogen fuel bus that would be commercially plying on the road.

capital market regulator Securities Exchange Board of India (SEBI)published a consultation paper on regulating finfluencers. The SEBI published a consultation paper in August on the affiliation of registered intermediaries with "finfluencers," or digital and social media influencers who primarily operate in the fields of business and financial literacy.

Australian Retirement Trust, the country’s second largest pension fund, is scouring the world for a new chief executive officer after Bernard Reilly announced he was stepping down.

Tom Brady is putting on a Delta Air Lines uniform, at least figuratively

WeWork says it will renegotiate nearly all of its leases, an announcement coming just weeks after the workspace-sharing provder sounded the alarm on its future ability to stay in business

₹2.25 lakh. Bookings for the 42 Bobber Black Mirror are now available at Jawa dealerships. In addition to cosmetic updates, the manufacturer has also enhanced and reintroduced the engine.