CEO Financial News
07.08 / 04:39
07.08 / 03:59
ETF
Manufacturing
CEO
Strategy
show
Mutual funds go slow on NFOs; file draft papers for 59 schemes in Apr-Jul
Moreover, the remaining months of 2023 are not expected to see NFO numbers anywhere close to those of 2022 or 2021, SAS Online founder and CEO Shrey Jain said. The reasons behind the decline in NFOs could be a combination of the factors as the mutual fund industry's dynamics are influenced by various internal and external factors.
07.08 / 02:41
UPS
Target
CEO
NIFTY
SENSEX
Updates
Sensex Today | Share Market Live updates: Sensex, Nifty expect gains at start; Gift Nifty in green
L&T) Ltd's CEO, S.N. Subrahmanyan. He has explicitly denied any involvement of India's largest construction company in the alleged illicit payments during an interview with officials from the US Department of Justice (DoJ) and Federal Bureau of Investigation (FBI) in Singapore on May 21, 2018.
07.08 / 02:41
UPS
FIVE
CEO
HSBC
electronic
Stocks to Watch: RIL, BoB, ICICI Bank, ICICI Lombard, Britannia, BHEL
Reliance Industries: Reliance Industries Ltd (RIL) has sought the nod of shareholders to appoint Mukesh Ambani as chairman and managing director of the company for another five years till 2029. During this period he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years of age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar, according to a PTI report.
07.08 / 02:19
UPS
Provident
CEO
Strategy
track
safe
Financial
No one is too smart to be duped! Smart tips to stay safe from financial scams
financial scams is thinking you're too smart to be duped by one. «We're all vulnerable — we can all fall for a scam given the right set of circumstances,» says Eva Velasquez, president and CEO of the Identity Theft Resource Center, a nonprofit organization that provides advice and assistance related to identity theft. Keeping yourself safe starts with accepting that fact, she adds. «You look at the profiles of victims who filed complaints and it runs the gamut from highly educated, high-income people all the way down to the most vulnerable people in our population,» says John Breyault, vice president of public policy, telecommunications and fraud at the National Consumers League, a nonprofit advocacy group that speaks out about consumer concerns. While there isn't a «foolproof solution to stay safe from all scams,» as Breyault puts it, there are strategies you can employ to reduce your risk. Here are four of the most important ones:
07.08 / 01:45
UPS
CEO
Want to grow your money? Investing lessons you can learn from farming
People often make investments with false expectations. I know because I have done it often enough. When we choose an investment, be it a stock or mutual fund, it’s an act of belief, of commitment.
07.08 / 00:39
CEO
Platform
Enterprise
Skilling platform Disprz bags $30 million from Lumos and others
Disprz, a corporate learning and skilling platform, has raised $30 million in its Series C funding round led by Lumos Capital. 360 ONE Asset (IIFL Wealth) and returning investors Kae Capital, KOIS and Dallas Venture Capital also participated.
06.08 / 20:33
UPS
Provident
CEO
show
track
RBI to prolong pause, probability of hike small, says ICICI Securities Primary Dealership CEO
The recent rebound in inflationary pressures has sparked apprehension of whether more rate hikes are in the offing, but if one excludes the volatile movements in vegetable prices, the current levels of the consumer price index may not call for more tightening, Shailendra Jhingan, CEO of ICICI Securities Primary Dealership told Bhaskar Dutta. Edited excerpts:Food inflation has hardened considerably and there are concerns over inflation spillovers. What do you expect from the MPC's policy statement on Thursday? We think that RBI will retain the monetary policy stance of withdrawal of accommodation.
06.08 / 20:33
Facebook
Twitter
CEO
Platform
Fighting
Tesla
social
elon
Elon Musk vs Mark Zuckerberg: Billionaires’ cage fight to be live streamed on X, says Tesla chief. See details
Elon Musk has stated that his potential face-off with Mark Zuckerberg in a cage fight may be streamed on his social media platform X, formerly known as Twitter. In late June, the two prominent tech billionaires seemingly agreed to engage in a «cage match» showdown. Zuckerberg, the CEO of Facebook's parent company Meta, revealed his mixed martial arts training background and shared his participation in a jiu jitsu tournament earlier this year. Musk posted on Sunday (August 5) that the «Zuck v Musk fight will be live-streamed on X,» with all proceeds directed towards charity for veterans. Musk also mentioned that he was preparing for the fight by engaging in weightlifting, humorously mentioning his unconventional workout routine. The possibility of Musk and Zuckerberg actually meeting in a Las Vegas ring remains uncertain. Nevertheless, the playful exchange has garnered attention. The exchange began when Musk, the owner of X, responded to a tweet discussing Meta's plans to release a Twitter competitor named Threads. Musk playfully criticized the potential monopoly of the social media landscape by Zuckerberg, prompting one user to joke about Zuckerberg's jiu jitsu skills. Musk's response was lighthearted, expressing his willingness for a cage match if Zuckerberg was game. Musk's interest in streaming the potential fight aligns with his goal of transforming X into a «digital town square.» However, his previous attempt to use the platform for high-profile events encountered technical glitches and delays.
06.08 / 20:33
COST
FIVE
Extreme
CEO
performer
exclusive
DMart has to add greater number of stores to grow faster, says CEO Neville Noronha
DMart has no plans to enter wholesale retailing as of now, but we are very clear that we are a first grocery format and will work harder to add more stores to grow faster, says Neville Noronha, CEO of Avenue Supermarts which owns the DMart retail chain and has been lately grappling with slower growth rates. Retailers have also been recently rushing in to open value-format stores which have impacted DMart’s apparel and general merchandise segment. Interestingly, retailers are opening shops close to DMart stores to take advantage of the huge footfalls that the discount format attracts.
06.08 / 20:05
Cooper
Aware
CEO
show
FBI questioned L&T CEO in Cognizant bribery case
BENGALURU : The outcome of the US government’s trial of two former Cognizant Technology Solutions Corp. executives in a bribery case in India could be a pivotal moment for Larsen and Toubro (L&T) Ltd’s chief executive officer (CEO) S.N. Subrahmanyan, who, in an undertaking to officials of the US department of justice (DoJ) and Federal Bureau of Investigation (FBI), denied any involvement of India’s largest construction company in the illicit payments.
06.08 / 18:37
COST
Lowe's
FIVE
CEO
Strategy
Hindustan Zinc Limited won't borrow to keep paying dividends, says CEO
HZL) won't borrow to keep paying dividends and its financial heft hasn't been undermined by a series of generous payouts over the past one year or so, the company's chief executive Arun Misra said. The government is keeping an eye on HZL's dividends, a senior official had told ET last month, adding it would raise a red flag when it feels the company is using its borrowing proceeds to extend dividend to parent Vedanta and other shareholders. In an interview to ET, Misra also made it clear that HZL doesn't intend to revive its now-lapsed January proposal to buy parent Vedanta's global zinc business.
06.08 / 14:25
UPS
CEO
Action
Strategy
Tesla
country
week
Nikola’s roller coaster week; Tesla hit with another lawsuit: This week in EVs
Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Milestones and management changes at Nikola; Tesla in hot water over “Diversion Team”.
06.08 / 14:25
06.08 / 13:11
Provident
AXY
CEO
performer
country
With ₹10.55 crore pay, HDFC Bank's Sashidhar Jagdishan is highest paid bank CEO in FY23
HDFC Bank's Managing Director and Chief Executive, has emerged as the highest-paid bank chief executive in FY23, with a significant increase of more than 62% in his remuneration in fiscal year 2023, reaching ₹10.55 crore, the PTI reported. Jagdishan's colleague Kaizad Bharucha, the deputy managing director of India’s largest private sector bank by assets and world's fourth largest bank by market capitalisation as of July 2023, drew ₹10.03 crore for the fiscal year and emerged as likely to be the second-highest grossing banker in the country, according to according to the bank's annual report for FY23.
06.08 / 12:15
Twitter
CEO
Platform
Celebrity
band
show
Zomato CEO delivers friendship bands, food on friendship day, calls it 'best Sunday ever'
Zomato CEO Deepinder Goyal, calling it «best Sunday ever», rode his Royal Enfield bike to personally hand out friendship bands and food to various delivery partners, restaurant affiliates, and customers to celebrate Friendship Day. Showing his enthusiasm for both friendship and delicious food, Goyal posted pictures of the special «best food friends forever» bands on Twitter.
06.08 / 11:31
UPS
Maxim
ETF
CEO
Strategy
Mobile
Mutual fund houses are expected to go slow on NFOs this year. Here's why
Mutual Fund and WhiteOak Capital Mutual Fund, as per data from market regulator Securities Exchange Board of India (SEBI). As per experts quoted by the news agency PTI, this year the NFOs are expected to remain much lower than the 228 schemes floated in 2022 and 140 during 2021. The reason behind the phenomena is the combination of factors and other dynamics related to mutual funds which are impacted by internal and external factors.
06.08 / 10:11
COST
UPS
Target
CEO
Enterprise
UBS
Time
Domino’s: is it time to reorder fallen pizza maker?
Let’s face it – investing in retail now is as contrarian as it gets. Domino’s Pizza Enterprises, the master franchisee for Domino’s in Australia and New Zealand, has been out of favour with investors for some time.
06.08 / 08:19
UPS
CEO
Platform
audience
social
blues
elon
‘Starting to get pretty good..,' Elon Musk praises X platform's immersive video experience
Elon Musk, the visionary entrepreneur, recently praised the video experience on this platform, stating that it is rapidly improving. Taking to social media platform, X, Musk said, “Immersive video on this platform is starting to get pretty good. Just tap on any video & swipe up when you want to move on." As per Musk, with a straightforward approach, users can tap on any video to engage with the content and simply swipe up when they wish to move on to the next one.
06.08 / 07:29
CEO
electronic
CBI
ICICI Bank's biz loan to Videocon turned into NPAs of over ₹1,000 crore: CBI
ICICI Bank-Videocon's 2019 case, the Central Bureau of Investigation (CBI) has claimed that credit facilities sanctioned by the bank to the Videocon group turned into non-performing assets (NPAs) of more than ₹1,000 crore. The anti-money laundering agency said it in the charge sheet filed against the ICICI Bank's former CEO Chanda Kochhar, her husband Deepak Kochhar, and Videocon founder Venugopal Dhoot on Saturday.
06.08 / 07:07
UPS
Waters
CEO
Gap
voice
Timor-Leste looks to grasp carbon storage revenues
The head of Timor-Leste’s national oil company has underlined the importance of carbon sequestration as a potential new revenue stream for the impoverished nation after the company signed an accord with Santos to examine partnership opportunities in carbon capture and storage.
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