CEO Financial News

04.08 / 00:39

Provident FIVE CEO Telstra Fast internet provider GigaComm raising $100m; Morgan Stanley in

Four-year-old telco GigaComm, which is run and backed by former Macquarie Capital suits, is sounding investors for a chunky raising to bankroll the infrastructure it needs to get into a million Australian homes.

03.08 / 19:17

UPS Target Booking Extreme CEO Infinity Westpac’s fin advice white knight, Viridian, bets on mortgages

Four years after it grabbed headlines buying up Westpac’s financial advice books, Melbourne’s Viridian Financial Group has found an acquisition that would push its revenue over the $100 million mark for the first time.

03.08 / 18:45

UPS Target CEO Platform Mobile track valuation M&M EV unit raises $145 mn from Temasek at upto $9.8 billion valuation

₹1200 crore ($145 million), at a valuation of upto ₹80,580 crore, or $9.8 billion. In its last fundraise round with British International Investment (BII) last year, Mahindra's passenger electric mobility unit, MEAL (Mahindra Electric Automobile Limited) was valued at $9.1 billion. Mint reported in March that Mahindra & Mahindra Ltd was in advanced talks with global investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit in multiple tranches over the next 2-3 years.

03.08 / 17:39

COST Provident CEO Apple track Which apps should you use to track your expenses?

₹600." When Bathla started earning in 2020, he felt the need to discipline his spending habits like his father. So, he opened an account with Notion (a note taking app). At the end of each day, he would painstakingly key in his spends in separate categories that he created.

03.08 / 17:21

UPS CEO Fighting Adidas social rapper Adidas brings in $437 million from the first Yeezy sale. Part of that will go to anti-hate groups

Adidas has brought in $437 million from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye West

03.08 / 17:21

Twitter CEO Align Parke rock Schools 2024 California voters may face dueling measures on 2024 ballot about oil wells near homes and schools

Environmental advocates in California are launching a campaign to ask voters to ban new oil and gas wells near homes, schools and hospitals

03.08 / 17:21

COST UPS Williams CEO Compilation Nielsen Bud Light parent says US market share stabilizing after transgender promotion cost sales

Bud Light’s parent company expressed confidence Thursday that its U.S. market share has stabilized after a promotion with a transgender influencer cost it sales

03.08 / 16:31

Citi CEO Strategy Adidas UBS rapper Adidas turnaround gathers pace as Yeezy boosts margins

By Helen Reid

03.08 / 15:45

Digital Citizens Aware CEO Enterprise Deloitte country Data protection bill will compel companies to review their current working ways, make investments in new processes: Experts

data protection bill will compel companies to review their current ways of working, make investments in new processes and sensitise workforce in handling of personal data, experts said on Thursday. The bill was introduced in Parliament on Thursday.

03.08 / 15:17

Reuters CEO Action Tesla show performer class action Tesla faces California class action on its EV range claims

(Reuters) — Three Tesla (NASDAQ:TSLA) owners in California on Wednesday sued the automaker in a proposed class action that accuses the company of falsely advertising the estimated driving ranges of its electric vehicles.

03.08 / 14:37

Lowe's CEO RBC Refiners HF Sinclair, PBF profits tumble as lower fuel prices hit margins

By Arunima Kumar

03.08 / 13:59

Provident CEO International Robotics Team from India Shines at an International Robotics Championship

https://www.instagram.com/reel/Cuvdlr5LIfl/?utm_source=ig_web_copy_link&igshid=MzRlODBiNWFlZA== Ashwin Shah, Cofounder and CEO at RFL Academy, shares that at RFL, they provide hands on learning course through robotics and coding to K-12 students in India. Since 2016, RFL Academy, through its 6 robotics labs across Mumbai, Surat, Ahmedabad, Porbandar, Jamnagar and Rajkot, have taught 30000+ students.

03.08 / 13:49

UPS CEO SENSEX Power Adani Power Q1 Results: PAT soars 83% YoY to Rs 8,759 crore

Adani Power has reported a consolidated profit at Rs 8759 crore, up 83% for the quarter ended June 2023. It was Rs 4779.8 crore during the corresponding quarter in FY2022.

03.08 / 13:23

COST Reuters CEO performer track Time SocGen traders buy (some) time from scary new CEO’s wrath

Société Générale posted Q2 results today, and they’re… Well, they’re pretty good, believe it or not.

03.08 / 13:13

Reuters CEO Action Tesla performer class action California Tesla owners file class action over false EV range claims

Three Tesla (NASDAQ:TSLA) owners from California filed a proposed class action lawsuit against the automaker Wednesday. The legal complaint alleges that Tesla engaged in false advertising of the estimated driving ranges of its electric vehicles.

03.08 / 12:39

UPS CEO Sterling and Wilson Renewable Energy wins orders worth ₹826 crore

₹826 crore in the first four months of financial year 2023-24 (FY24). The orders aggregate to around 1GWp and include projects in Rajasthan, Uttar Pradesh and Gujarat.

03.08 / 12:39

UPS Cooper Manufacturing CEO Mobile Metro Govt to continue FAME subsidy, plans payment security mechanism for EVs: PMO advisor

New Delhi: The government is committed to driving the adoption of electric vehicles and will continue with the FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) subsidy to bridge the price difference in EVs, said Tarun Kapoor, adviser, Prime Minister’s Office, said on Thursday. Speaking at the national conference on electric mobility organized by Assocham, Kapoor emphasized the importance of finding ways to bring down the price of EVs, as government subsidies cannot be permanent.

03.08 / 12:37

Citi CEO JPMorgan Platform HSBC performer What banks are actually saying about hiring and firing in 2023

Are things on the mend? When Goldman Sachs announced its second quarter results last month, it said it no new'unusual' job cuts were planned. HSBC reiterated this week that its grand cost-cutting program ended in 2022. Brian Bissonette, an ex-director at Merrill Lynch who now works for M&A execution platform Dealcloud, is letting it be known that his banking clients are saying their layoffs are over.

03.08 / 12:37

UPS CEO UBS Patrick Shell Hedge fund Citadel picks up top salesguy from Morgan Stanley

Citadel started this year by betting big on its energy trading business, and CEO of Citadel Energy Marketing.– former Morgan Stanley alum Jay Rubenstein – seems to be bringing in people with the same pedigree as him to bolster the business.

03.08 / 12:37

CEO Align Solomonic show social electronic analyst 'Fellow ravers' lament the death of Goldman analyst, John Castic

Tributes are pouring in for 27-year-old Goldman Sachs analyst John Castic, who was found dead in a creek yesterday after leaving a nightclub at 3am on Saturday night.

03.08 / 12:37

UPS Manufacturing CEO Platform Quess Corp headcount tops 525,000, profit drops 29% in Q1

Quess Corp has reported a profit after tax (PAT) of Rs 48 crore for the quarter ended June, recording a drop of 29% or Rs 20 crore over the same period last year. The company had reported a PAT of Rs 30 crore in the fourth quarter of FY23. As a result, the earning per share (EPS) has dropped from Rs 4.48 in the year-ago period to Rs 3.21 in the June quarter.

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