CEO Financial News

Meta Platforms (NASDAQ:META) has recently unveiled impressive earnings for the second quarter of 2023. The future looks bright as operations and product offerings display tremendous growth potential, further solidifying the positive outlook.

HCLTech chief executive C Vijayakumar earned Rs 28.4 crore ($3.46 million) in fiscal 2023, just over a fifth compared with Rs 130 crore the previous year. The sharp fall in his remuneration was due to the absence of the long-term incentive component, which will be paid next fiscal year, the company said in its annual report. “The long-term incentive (LTI) is paid at fixed intervals (at the end of two years) based on the achievement of milestones / parameters decided by the board.

CALGARY — TC Energy Corp. has announced plans to split into two separate companies by spinning off its crude oil pipelines business.

Mint reported on 26 June that BPEA EQT was a shortlisted bidder for this stake. Jimmy Mahtani, partner and co-head of BPEA EQT India, said: “This investment aligns with EQT’s commitment to investing in companies that address critical societal needs and have the potential to impact people’s lives for the better." “Partnership with BPEA EQT is the beginning of a new phase of sustainable growth for Indira IVF. Starting from a single clinic in Udaipur to becoming the largest provider of assisted reproductive technology (ART) services in India today, Indira IVF’s journey has been a remarkable success story.

Back in April 2022, LPL Financial Holdings Inc. CEO Dan Arnold said the largest independent broker-dealer, which had recently wrapped up the purchase of 900 financial advisors from Waddell & Reed Financial Inc., was shifting gears and targeting smaller firms to acquire.

International Financial Service Centre (IFSC) has been lauded by market mavens, as they believe this will attract investments and growth capital. While speaking at the launch event of AMC Repo Clearing and a corporate debt market development fund on Friday, Finance Minister Nirmala Sitharaman made the announcement. «A direct listing of securities by domestic companies will now be permissible in foreign jurisdictions…This will facilitate access to global capital and better valuation,” Sitharmanan said.

IndiGo has been experiencing supply chain issues related to the availability of spare engines for its neo aircraft and is working closely with airframe as well as engine manufacturers to ensure there is minimum economic and operational impact, according to its annual report. The airline, which aims to carry 100 million passengers in the current financial year, is also taking steps to prepare its sales and distribution for further international presence.

Yeoh, the renowned Everything Everywhere All at Once star, finally exchanged vows with her long-time partner, ex-Ferrari CEO Jean Todt. The couple's 19-year engagement culminated in a beautiful wedding ceremony held in Geneva, Switzerland, on July 26th.

Tesla executives discussed the company's plans to enter India with officials from the country's investment promotion arm in New Delhi, two people with direct knowledge of the matter said, the latest in a series of high-level talks. The U.S.

By Brenna Hughes Neghaiwi and Tom Sims

(Reuters) -Shares of Enphase Energy (NASDAQ:ENPH) slumped nearly 11% on Friday, after the solar inverter maker's third-quarter revenue target fell well short of analyst estimates due to weak demand.

ITR filing: If you are working as a freelancer or consultant who is engaged in certain specified professions and has total gross receipts not exceeding ₹50 lakh in a financial year then there is some good news for you. The eligible professionals ​​can pay tax on half of their annual gross income. This can be done by opting for a presumptive taxation scheme of the Income Tax Act.

₹18.7 crore, up 85% year-on-year. However, profit declined 15% sequentially.

(Reuters) — Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business amid a frail recovery at the world's second-largest economy from a pandemic slowdown.

Kuala Lumpur, Malaysia & Gurgaon, Haryana, India – Business Wire India ​The latest research by Kincentric, a Spencer Stuart company focused on improving leadership impact by unlocking the power of people and teams, identifies a number of compelling business outcomes that can be achieved when organizations deliver a consistent and cohesive employee experience (EX) across the organization. The Global Employee Experience Trends 2023 Report reveals that employee engagement has plateaued over the last five years, and CEOs and CHROs must now shift their approach to EX if they want to accelerate business outcomes through their people.The study, backed by extensive data from over nine million respondents across 2500 organizations, 162 countries and 62 industries, emphasizes the need for leaders to act on employee experience more holistically, with consistency of experience emerging as a key factor in driving business impact.

Amazon is cutting jobs in its Fresh Grocery stores as part of a restructuring plan in the U.S. The company confirmed Thursday that its eliminating “zone lead” roles in its 44 Fresh Grocery stores

Nashville International Airport has quietly faced an identity crisis for weeks under a new state law, with no clear agreement about who is in charge

Adidas is releasing a second batch of high-end Yeezy sneakers after cutting ties with rapper Ye, formerly known as Kanye West

French luxury conglomerate Kering has reached a cash deal to purchase a 30% stake in Italian fashion house Valentino for 1.7 billion euros from a Qatari investment firm

Alzheimer’s treatment developer Biogen is spending more than $7 billion to buy Reata Pharmaceuticals and bolster its rare disease treatments

The White House has announced a series of measures that it said would reduce the cost and increase the supply of housing while bolstering protection for renters