CEO Financial News

Electric vehicle manufacturer, Mullen Automotive (NASDAQ:MULN) announced Wednesday the debut of their ultra-high-performance Mullen FIVE RS EV Crossover. According to the release, the RS will be featured on the upcoming “Strikingly Different” EV tour, which kicks off on Aug. 20, in Austin, Texas.

Antfin has transferred its 10.3% stake in One97 Communications to the fintech firm's founder and CEO Vijay Shekhar Sharma, according to a regulatory filing. The deal turns One97 Communications, which operates under Paytm brand name, into a majorly Indian-owned company from being majorly owned by Chinese entities. Antfin will continue to hold the economic rights of the stake that is being transferred to Sharma.

The exchange says it has been granted approval by the National Futures Association (NFA), a self-regulatory organisation designated by the CFTC, making it the first crypto-native platform to directly offer traditional spot crypto trading alongside leveraged crypto futures.Coinbase applied with the NFA nearly two years ago and says it has been working with regulators since then to ensure it will comply with all regulations and that its business model meets the CFTC’s customer protection requirements. Greg Tusar, VP, institutional products, Coinbase, writes in a blog: "We believe this is a watershed moment to be able to bring regulated crypto products to US customers."The approval is regulatory win for Coinbase, which has been publicly locking horns with the SEC.

(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission (SEC).

CarTrade Tech Ltd is looking at acquisitions in the automotive and autotech space to consolidate its share, according to Vinay Sanghi, the founder-chairman of CarTrade. “My gut says it will be automotive and automotive tech, which is what we are good at. And that’s where we will keep looking.

Students can enrol in management courses like BBA and MBA or finance courses at the undergraduate and graduate levels to become a CFO. Many prominent management colleges, including the IIMs and other prestigious schools like MDI Gurgaon, JIMS Rohini, Xavier Institute of Management, IMT Ghaziabad, Amity University, etc., provide these courses. The majority of the time, management entrance exams like the IPU CET, DU JAT, and NMIMS NPAT are used to determine admission to these colleges for undergraduate and postgraduate programmes, respectively.Who is a CFO?Chief financial officers (CFOs) are top executives in charge of managing a business's finances. They are typically in charge of handling the business's finances, determining its financial strengths and weaknesse

To cater to the escalating demand for business heads within the corporate landscape, specialized courses and advanced business degrees have emerged. Embracing the mantle of a business head presents an enticing trajectory for career progression and favourable fiscal outcomes. The forthcoming years are poised to witness a surge of 12 to 15% in students aspiring to assume the mantle of business leadership, underscoring the next generation's ardent interest. Projections from the Bureau of Labor Statistics anticipate a robust 5% augmentation in management roles' employment from 2019 to 2029, surpassing the overarching average growth rate.Business Head Course Highlights ParticularsDetailsCourse nameBusiness HeadIndustry TypeBusinessEligibilityBBA: Minimum 10 + 2 grade point average of 45% — 50% from a recognised board. MBA: Cand

Ola Electric founder and CEO Bhavish Aggarwal in a conversation with ETNow on Wednesday. «By next year, the Gigafactory will be up and working which will help in reducing the price of the vehicles,» said Aggarwal. As per the CEO, the initial capacity of the Gigafactory will be 5 GWh. At full scale, the factory will have 100 GWh capacity, which will also be the world's largest battery manufacturing unit.

Microfinance has partnered Chennai-based fintech firm IppoPay to power digital lending to micro, small and medium enterprises (MSMEs) in rural and semi-urban micro-markets of Tamil Nadu, Andhra Pradesh, Telangana and Karnataka. Coinbase Ventures and Better Capital-backed startup Ippopay offers payments solutions to about 400,00 merchants.

Delhi government had instructed all concerned departments to ban the use of Chinese manjha in the national capital. (With inputs from ANI, PTI)

Both I and my wife are 35 years old and have salaries of Rs 40,000 a month each. We have a Rs 20 lakh home loan and the EMI is Rs 16,000 per month. Last month, we got Rs 65 lakh from a property sale. Should we invest this amount or close the home loan? We have a son and a daughter. We have a 3-BHK flat in Hyderabad, two plots of land, Rs 4 lakh in stocks and mutual funds, a Rs 50 lakh term policy, Rs 4 lakh in LIC Jeevan Anand, a Rs 6 lakh Maxlife policy, Rs 2.5 lakh in EPF, and a Rs 3 lakh SBI Ulip. We have separate mediclaim policies from our employers. Naveen Kukreja, CEO and Co-Founder, Paisabazaar.com: As for your health insurance, you should purchase a cover of at least Rs 1 crore since the mediclaim policies provided by your employer might be inadequate.

electric vehicle later this week. Anticipation surrounds the reveal of this electric supercar, scheduled to take place on August 18 at the Monterey Car Week in California, United States. Building excitement prior to its global debut, Lamborghini has provided a glimpse of the approaching EV, set to be presented in its conceptual guise.

Ek Aur Ek Gyaarah - One plus one leading to eleven. (Shankar Maruwada is the co-founder and CEO of EkStep Foundation, a philanthropic mission he co-founded in 2015 along with Nandan Nilekani and Rohini Nilekani)

Intel said on Wednesday it would walk away from its more-than-$5 billion proposed acquisition of Israeli chip maker Tower Semiconductor after failing to win regulatory approval for the deal. The deal required approval from a number of jurisdictions, and China’s State Administration for Market Regulation had yet to sign off by Tuesday’s approval deadline. The Chinese regulator didn’t immediately respond to a request for comment Wednesday.

LegalPay has launched an online dispute resolution (ODR) platform Bharat Dispute Resolution (BDR). The startup is focusing on sectors including fintech, banks and even non-banking financial corporations (NBFCs) for resolving disputes through online mechanisms to recover their dues efficiently and manage their portfolio better.

coworking firm BHIVE plans to raise Rs 400 crore coworking-focused CAT-2 alternative investment fund (AIF) to fuel its growth. The proposed new fund will acquire fully completed commercial real estate properties at prime locations with clear titles and occupancy certificates and a capex of a set. Over the past year, BHIVE has solidified its position as the largest co-working operator in Bengaluru, closing transactions upwards of Rs 200 crore.

Aviva and Admiral Group and by easing bond yields. The pan-European STOXX 600 advanced 0.2%, after closing at its lowest level in more than a month on Tuesday. European insurers added 0.5% as Admiral Group jumped 8.0% after the British motor and home insurer posted a marginal rise in its first-half pre-tax profit.

You may often get surplus money in hand, but may not have a plan to deploy the same in an appropriate investment instrument. In such a situation you’ll lose the return till the fund remains idle in your hand. The best way is to immediately invest the money as soon as you receive it unless you have a spending plan.

WeWork said last week there was “substantial doubt” about its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company

Outgoing Transurban chief executive Scott Charlton says there will be no loss of momentum when he departs the $43 billion toll road group in October and is replaced by finance boss Michelle Jablko, expanding the number of women running Australia’s top companies.

Vodafone Idea (Vi) fell over 3% to Rs 8 in Wednesday's trade on BSE after the telecom operator reported a loss of Rs 7,840 crore for the quarter ended June 2023, which is higher than Rs 7,297 crore reported in the year-ago quarter and Rs 6,419 crore in the preceding March quarter. However, its revenue from operations rose by a marginal 2% to Rs 10,655 crore in the first quarter, compared with Rs 10,410 crore in the same quarter of last year. ARPU for the first quarter came in at Rs 139 as against Rs 135 in the previous quarter, showing a sequential growth of 2.9%.