CEO Financial News
17.08 / 18:03
17.08 / 18:03
Provident
CEO
JPMorgan
LinkedIn
Exodus
performer
Ex-Wells chief Kowach wants 100 advisors at new firm &Partners
Details are emerging about the new firm, &Partners, that a former head of Wells Fargo Advisors, David Kowach, is looking to soon unveil to the marketplace, including its goal to hire 100 “top performing Advisor Partner teams,” according to a copy of a presentation about the firm obtained by InvestmentNews.
17.08 / 17:31
Citi
CEO
Enterprise
Southern
Citibank
Indian
RBI approves appointment of P R Seshadri as MD & CEO of South Indian Bank
Reserve Bank of India on Thursday approved for the appointment of P R Seshadri as Managing Director & CEO of South Indian Bank for a period of three years with effect from October 1, 2023. He has significant experiences in enterprise level management and in the management of all key commercial banking business lines and he has substantial experience in successfully managing investors, boards and regulatory relationships in multiple geographies, said the company's notification to Bombay Stock Exchange.
17.08 / 16:55
Lowe's
CEO
Platform
Action
Meta Ceo
country
Meta CEO Mark Zuckerberg announces feature to share HD photos on WhatsApp
Meta Founder and CEO Mark Zuckerberg on Thursday announced that WhatsApp users can now send photos in HD quality. To ensure sharing photos over WhatsApp remains fast and reliable, Standard Quality will continue to be the default option photos are sent in. «Sharing photos on WhatsApp just got an upgrade — now you can send in HD,» Zuckerberg posted.
17.08 / 16:47
FIVE
Reuters
CEO
band
Overnight Indexed Swap rates surge as investors brace for RBI rate hike: Report
RBI) upcoming rate hike, said Reuters in its report. "The short-end of the OIS curve is completely factoring in one more rate hike over the next few months while talks of rate cuts have died down for now," said Vijay Sharma, senior executive vice president at PNB Gilts, according to Reuters report. The five-year swap rate increased to 6.75% on Thursday, surpassing a level last recorded on February 27.
17.08 / 16:33
CEO
Time
UIDAI mulls appointment of Neelkanth Mishra as part time Chairman: Report
Asset Management Company - and Professor Mausam of IIT Delhi may be appointed as a part-time members. The developments come mere weeks after senior IAS officer Amit Agrawal took over as the UIDAI CEO.
17.08 / 15:47
UPS
FIVE
CEO
Continental
hospital
Eye Care hospital chain Dr. Agarwal's raises Rs 650 crore funding
Dr Agarwals Health Care has raised about Rs 650 crore from the TPG Growth and Singapore's sovereign wealth fund Temasek, within a year of raising Rs 1,050 crore from them in an earlier round. The Chennai headquartered chain said they would use about Rs 1,200 crore to double their hospital count to 300 in the next 2-3 years. The company is mainly looking to open hospitals in Maharashtra, Delhi and Uttar Pradesh, a shift from its established ground in South India, company Chairman Dr.
17.08 / 14:45
COST
UPS
CEO
Walmart
performer
Mixers
Walmart's hot sellers? Hand mixers and kitchen tools. In an era of high prices, basic is king
Walmart is reporting strong second-quarter sales results as the retailer’s low-price model continues to attract budget conscious consumers in a tough economic environment
17.08 / 14:35
CEO
Strategy
Remark
Aldi
Southern
country
German Grocery Chain Aldi surprises US with acquisition of Winn-Dixie and Harveys Supermarkets — Details
Aldi has recently acquired a substantial portfolio of 400 Winn-Dixie and Harveys grocery stores. This strategic takeover, predominantly concentrated in the southern regions, is accompanied by the company's ambitious plans to further expand its presence across the entirety of the nation in the forthcoming years.
17.08 / 14:35
UPS
CEO
Mobile
beautiful
electronic
Uptick in discretionary spend propped up retail commerce in April-June quarter: Redseer
retail commerce in the April-June quarter, with offline outpacing online, according to a report by internet consultancy firm Redseer. Traction for offline retail also increased on the back of higher rural demand, particularly for fast moving consumer goods (FMCG), the report noted. As incomes grew, the share of discretionary spending in household wallets increased to 19% in April-June, from 15% during the January-March period.
17.08 / 14:05
UPS
FIVE
CEO
performer
asset allocation
Shriram AMC to launch Shriram Multi-Asset Allocation Fund on Aug 18
Shriram Asset Management Company would launch its latest Shriram Asset Allocation Fund on August 18, a top official said here on Thursday. The company, part of the diversified conglomerate Shriram Group, expects to offer long term 'inflation-adjusted wealth creation' through exposure to multiple assets including equity, debt, gold Exchange Traded Funds (ETFs).
17.08 / 14:05
Digital
Progressive
CEO
country
Backed
Centre
TPG-backed Planview opens capability centre in Bengaluru, to invest $125 million
Planview opened a global capability and innovation centre in Bengaluru and earmarked $125 million in investments for expansion in the region over the next four years. The Texas, US-headquartered company Thursday said the investment will go into hiring and centre operating expenses over the next four years to drive a strong growth trajectory in the country. It also said it had hired around 400 people in the last 12 months.
17.08 / 14:03
FIVE
Booking
CEO
awards
love
Celebrity
Inside
Celebrating Excellence: India’s Most Agile HR Leaders 2023
Third Editionof India’s Most Agile HR Leaders 2023 Coffee Table Book. The book was unveiled by Mr. Avinder Singh, CEO ams Osram & Mr. Ankit Bansal, Founder & CEO Sapphire Human Solutions.India’s most Agile HR Leader awards was an effort to select the India’s most compassionate, inspiring, transformational and forward-thinking HR leaders.
17.08 / 13:49
Provident
Cooper
CEO
Platform
Mobile
Magicpin to provide tomato for Rs 50 per kg at select ONDC platforms
Magicpin on Thursday said it will provide tomato for Rs 50 per kilogram at select online apps like Paytm and Pincode available at ONDC network in collaboration with National Cooperative Consumers Federation of India. Magicpin said that till date, it has facilitated the delivery of approximately 20,000 orders for 40,000 kilograms (kg) of tomatoes across more than 90 pin codes in and around Delhi-NCR in just 4 weeks at Rs 70 per kilogram (Kg), and henceforth, tomato will be shipped at a lower price of Rs 50 per kg.
17.08 / 13:21
UPS
Provident
Digital
CEO
Platform
Investment
BitGo
valuation
BitGo Crypto Custodian Secures $100 Million in Funding, Valuation Reaches $1.75 Billion
Crypto custody provider BitGo has raised $100 million in a Series C funding round to reach a valuation of $1.75 billion, the firm announced on Wednesday.
17.08 / 13:13
Progressive
CEO
Platform
country
social
A job seeker’s story about how Zepto co-founder asked for his CV goes viral on social media
Yash Acharya,a job seeker recently shared his story on X (formerly known as Twitter) that how a co-founder of online grocery delivery platformZepto reached out to him directly for his CV. Later,Acharya’spost went viral on the social media platform. According to Acharya’s post, he had applied for the role of a product design intern at Zepto.However, he received a reply through an email with the subject line: “You’d be a great fit for this Delivery Boy (Mumbai) role at Zepto!" The job seeker has posted a screenshot of the email he received from the company, and wrote: “Par maine to product designer ke liye apply kiya tha (But I applied for the role of a product designer)." After the Acharya’s post came to the notice ofZepto’sco-founder and CTO Kaivalya Vohra, he then reached out toAcharyadirectly and asked him to share his CV.
17.08 / 12:49
FIVE
CEO
Action
band
India's OIS factors in one more rate hike; bond yields near top - traders
Reserve Bank of India (RBI). «The short-end of the OIS curve is completely factoring in one more rate hike over the next few months while talks of rate cuts have died down for now,» said Vijay Sharma, senior executive vice president at PNB Gilts. India's one-year swap rate hit 7.03% on Thursday, its highest since March 9, while the five-year swap rate jumped to 6.75%, a level last seen on Feb 27.
17.08 / 12:23
UPS
MET
Career
CEO
Remark
iQoo appoints Shwetank Pandey as Chief Gaming Officer, offers ₹10 lakh salary
iQoo. Shwetank will get a salary of ₹10 lakh for 6 months. His selection was the outcome of a rigorous evaluation process that encompassed factors such as Gameplay, Gaming Knowledge, and Personality & Communication skills.
17.08 / 12:23
UPS
Provident
Manufacturing
CEO
Mercedes-Benz
Mercedes-Benz aims for 25% of car sales in India to be electric vehicles in next three years
electric vehicle market in India. The company anticipates that its electric vehicle (EV) lineup, both existing and future models, will constitute a quarter of its total car sales within the next three years, marking a substantial increase from the current figures of three to four percent. Mercedes-Benz recently introduced its new petrol/diesel SUV, the GLC, in Hyderabad.
17.08 / 12:09
UPS
Booking
CEO
Mercedes-Benz
stage
Mercedes-Benz India expects EVs to contribute to 25 per cent to its car sales in three years
Mercedes-Benz is expecting its EV portfolio (present and future) to make up 25 per cent of its total car sales in the next three years, growing from the current levels of three to four per cent. Mercedes-Benz on Thursday launched the GLC, its new petrol/diesel SUV, in Hyderabad. Managing Director and CEO of Mercedes-Benz India Santosh Iyer said the automaker is planning to launch three to four EVs in the coming 12 to 18 months in India.
17.08 / 11:03
BLOCK
Digital
Progressive
CEO
HSBC
Interface
Neurological Devices Attract Investors Despite Cautious Venture Market
startups with medical-device alternatives to medications for brain diseases that are common but difficult to treat. They include implants, known as brain-computer interfaces, designed to restore functions lost to disease or injury. One such company, Elon Musk’s Neuralink, recently disclosed a $280 million venture round.
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