CEO Financial News

30.08 / 08:43
Manufacturing CEO Delhi: Bungalow sold for over ₹60 crore in one of Nizamuddin's most expensive deals
₹61.70 crore which is amongst one of the most expensive deals in the Nizamuddin area, according to sale deed documents, reported Moneycontrol. The buyer, Renu Khuller, who is a director at GlobalDent Aids, paid a stamp duty of around ₹3 crore for the property. The bungalow was sold by Bharat and Janak Garg to the director of the company that manufactures interdental brushes.
30.08 / 08:13
UPS Extreme CEO Action Assurant show Viral video shows workers mashing potatoes with feet at OP Jindal University; Institute reassures students & parents
worker stamping on what looks like a container of potatoes in the mess of OP Jindal Global University (JGU), the institution has reassured students and parents about its commitment to food safety. As per a TOI report, the incident prompted the university's registrar to issue a statement on August 28, affirming the seriousness with which they regard matters related to food preparation. The registrar's note read, «We have taken cognisance of a matter relating to food preparation by a food service company with extreme seriousness.
30.08 / 08:13
UPS CEO DAX track economic data Insurers lift European shares ahead of key economic data
European shares opened higher on Wednesday, as positive results from insurer Prudential lifted the sector, while investors awaited more key data to gauge the economic health of the region. By 0703 GMT, the pan-European STOXX 600 edged 0.1% higher after rising nearly 1% each in the previous two sessions. European insurers added 0.7%, with Prudential climbing 2.7% after the Asia-focused insurer posted a higher first-half operating profit. Shares of Direct Line Insurance Group rose 1% after the British motor and home insurer named Adam Winslow, a senior executive at Aviva, as its new CEO. Heavyweight energy stocks gained 0.4%, tracking higher crude prices, while basic resources added nearly 1% in early trade. Germany's DAX added 0.2% ahead of August inflation data due later in the day. Also on the radar would be Spain's inflation data and a euro zone consumer confidence print. Among other individual stocks, Orsted slumped 11.8% after the world's No.
30.08 / 07:39
AXY CEO Entertainment Enterprise Sony hearing Tribunal sets final hearing date of Punit Goenka's appeal on September 8
Moneycontrol, the case has been scheduled for a conclusive hearing on September 8. Punit Goenka, the former CEO of Zee Entertainment Enterprises Ltd (ZEEL), has challenged a Sebi ruling that prohibits him from occupying directorial or significant managerial roles within the company and other entities. The appellate tribunal further said that it is not satisfied with the amount of time taken by Sebi for investigation.
30.08 / 07:27
ETF SEC CEO BlackRock Bitcoin track Bitcoin ETF appears to be on the way after court hands the SEC a stinging loss
The cryptocurrency fund manager Grayscale has won a major court battle against the Securities and Exchange Commission, paving the way for the first bitcoin exchange-traded fund
30.08 / 07:25
MET Digital Man CEO awards Reliance in talks with head hunters for Jio Insurance CEO
Executives from Reliance have met several firms in recent weeks to help them map top talent across life, health and general insurance segments, according to the people, who asked not be identified because the discussions are private. Korn Ferry and Spencer Stuart Inc.
30.08 / 06:55
COST Progressive Career CEO Gap Software How to navigate your way out of early career stagnation
career stagnation used to be a phenomenon associated with just midlifers and senior-level professionals. Today, you might be just 3 or 5 years into your career and already feeling a lack of engagement at work or a sense of misalignment in your role and ambitions. It is imperative to recognise the early signs and take the necessary steps to revive the dead ends and bolster your career growth.Reasons for more early career stagnation Vaibhav Sisinty, Founder & CEO, GrowthSchool, defines early career stagnation as an “unsettling phase in one's professional journey where, despite the initial excitement and momentum of a new job, there seems to be little to no progression in terms of skills, responsibilities or even pay. Think of it as being stuck in professional quicksand; you're moving, but not really getting anywhere.” According to him, there are several reasons why this phenomenon has become highly prevalent in recent times. One is the rapid pace of technological advancements. Although this promises innovation, it also necessitates continuous upskilling, failing which one can quickly fall behind. Another reason he states is that modern workspaces are highly competitive. This implies that “standing out and making significant progress early on can be challenging”. On the other hand, Raghupathi C N, Director of MILES, Manipal Academy of Higher Education, describes early-stage career stagnation as “no upward change in role and responsibilities for 3 years or 5 years or 8 years and no opportunity for growth in skills”.
30.08 / 05:31
UPS Target CEO Strategy ADP show Gold price today: Rates rise amid positive global cues; what should be your strategy for bullion today?
Gold price in focus as safe haven; should you increase your exposure to gold? Around 10:20 am, MCX Gold for October 5 delivery traded 0.11 per cent higher at ₹59,330 per 10 grams. Experts believe gold prices may trade with a positive bias today. Ravindra Rao, CMT, EPAT, VP – Head Commodity Research, Kotak Securities pointed out that the US ADP non-farm employment change and the second estimate of Q2 GDP are due later today.
30.08 / 04:31
UPS Citi Digital CEO Strategy Celebrity track Takeaways from ET Soonicorns Summit 2023: Celebrating future unicorns, maritime startups, spacetech, deeptech and more
Amidst this backdrop of a burgeoning startup ecosystem, the Bengaluru edition of the ET Soonicorns Summit 2023, held on August 26, 2023, served as a confluence of visionary leaders, entrepreneurs, investors, and stakeholders, all driven by the common goal of shaping India's technological trajectory.
30.08 / 04:31
Citi Target Digital CEO track country classical Premium We want to build a premium portfolio; in entry and deluxe segments, it will be more about refreshes: Hero MotoCorp CEO
Niranjan Gupta, CEO, Hero MotoCorp, says “the first target is to cross 100 cities by December, which is what we have said and we are well on track on that. Thereafter, we are going to put products in the mid and the affordable segments. That will be the plan for FY25. FY24 is about 100 cities and FY25 is about putting products in the mid and affordable segments because right now our product is at the top end of the EV market.”As part of its plan to rapidly grow the premium two-wheeler segment, Hero Motocorp has reintroduced the two-decade-old brand Karizma and launched Karizma XMR. Will you also be launching and relaunching in other segments?We already have strong products in the entry and deluxe segments. There is HF Deluxe, Splendor Plus, Super Splendor, Glamour, Passion. We brought in, of course, the Glamour and its own classic avatar and Passion again, which we relaunched. So, that part on a portfolio basis is very strong. Our job is to build a portfolio in the premium segment while in the entry and deluxe segments, it will be more about the refreshes which will keep coming.
30.08 / 03:41
UPS Target MET CEO RWE country German giant pledges $6b in green energy push
Germany’s biggest energy utility, RWE, has pledged to invest about $6 billion in a major expansion of its Australian renewable power business by 2030, undeterred by the hurdles in the way of the build-out of wind and solar energy across the country.
30.08 / 02:35
Lowe's Digital Amazon CEO Pool Big fish land in tech’s talent pool amid layoff woes
Executive search and hiring firms including Transearch, Longhouse Consulting, CIEL HR and GI Group Holdings say that unlike earlier, when it was difficult to even pin down senior Big Tech professionals for job offer conversations, now they're the ones who often make the first move.
30.08 / 02:07
UPS Booking CEO MakeMyTrip shootings Weekend G20 long weekend: Travel companies cheer, but Delhi traders on edge
This will also mean the loss of opportunity to widen their customer base with a number of foreign nationals visiting India, said representatives of multiple retailers' associations.SOTC and MakeMyTrip are, however, seeing a rise in business thanks to those choosing to skip out of the NCR during that period shooting up in the last few days. Schools, colleges and some private offices are shut and the rest will turn to remote working, executives told ET. «Given that schools will be closed, also certain corporates, businesses, we are witnessing an unusual surge in travel,» said Indiver Rastogi, president and group head, global business travel, Thomas Cook (India) and SOTC. Rajesh Magow, cofounder and group CEO, MakeMyTrip, said, «The government's official holiday announcement over the G20 meet days has triggered an increase in searches for cities within drivable distance from Delhi.»Security measure MakeMyTrip has seen a surge in searches for accommodation bookings in destinations such as Sawai Madhopur, Manesar, Amritsar, Vrindavan, Agra, Udaipur, Jaipur etc.
29.08 / 21:13
COST CEO Apple Qualcomm XCOM Former Qualcomm CEO to Lead Company Powering Apple’s Satellite-Text Service
alliance with Xcom, will license that and other technology from the startup. Globalstarhas agreed to issue about 60 million shares of common stock, worth some $64 million, to Xcom as a licensingfee. Globalstar has a market value of about $1.9 billion, as of Monday’s market close.
29.08 / 21:11
UPS Microsoft Google CEO Software Chase Meta Platforms Google Chases Microsoft, Amazon Cloud Market Share With AI Tools
OpenAI, the ChatGPT creator it has backed with billions of dollars. Both companies already sell access to the latest AI technology behind the popular ChatGPT bot, but Google’s launch on Tuesday puts it ahead of Microsoft in making AI-powered office software easily available for all customers. Google also used the event to showcase customer uses of its technology, including a planned GE Appliances app that uses Google’s AI models to create recipes based on the food in a customer’s fridge.
29.08 / 20:15
UPS Provident ETF SEC CEO Coherent Bitcoin spot bitcoin Spot bitcoin ETF inches ahead with SEC’s court loss
The SEC’s loss in court Tuesday means that the agency must go back and review Grayscale’s spot bitcoin ETF application — but don’t expect any products to come to market soon.
29.08 / 19:37
Waves CEO country cover Premium Hero Moto plans to ride premium wave
Hero MotoCorp, the country's largest two-wheeler maker known for its entry-level bikes, is looking to create a portfolio of premium motorcycles and scooters with the launch of multiple products in the next two years. Chief executive officer Niranjan Gupta told ET that growing footprint in the premium two-wheeler segment is a priority for the company. Hero MotoCorp's Splendor and Passion dominate the country's entry-level motorcycles segment. A larger chunk of the about '1,000 crore the company has earmarked for spending annually will be used for designing premium and electric vehicles to strengthen the company's presence in these two categories, Gupta said. The CEO, who was speaking on the sidelines of the launch of the 210cc Hero Karizma motorcycle, said the company will continue to build its presence in the premium segment with multiple launches over the next four to eight quarters.
29.08 / 19:25
UPS Citi Amazon CEO Inside NOT Amazon CEO says 'it’s probably not going work out' for employees who defy return-to-office policy
Amazon employees have been pushing back against the company’s return to office policy for months — and it seems the ecommerce giant’s CEO has had enough
29.08 / 19:25
ETF SEC CEO BlackRock Bitcoin track Bitcoin ETF appears to be on the way after court hands the SEC a stinging loss
The cryptocurrency fund manager Grayscale has won a major court battle against the Securities and Exchange Commission, paving the way for the first bitcoin exchange-traded fund
29.08 / 17:55
UPS FIVE BLOCK CEO Software Hansen Tech’s founding family in post-results block trade
Listed billing software business Hansen Technologies’ managing director and heir Andrew Hansen was out shopping a $37.8 million slice in the company after market close on Tuesday.
29.08 / 17:31
COST MAIL CEO show cover Why it is better to prepay part of your home loan EMIs regularly
₹60 lakh home loan from a private sector bank for buying an under-construction flat in 2017. The interest rate on the loan was 8% at that time. He took possession of the flat in August 2019 and made a prepayment of about ₹10 lakh.

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