CEO Financial News

27.07 / 05:43

COST UPS FIVE CEO Action Inside Will FY24 be a year of 2-3% growth or further decline for Tech Mahindra? Here’s what the management says

CP Gurnani, MD & CEO, Mohit Joshi, CEO designate and Rohit Anand, CFO, Tech Mahindra, in conversation with ET Now, after the company missed estimates and profit drops 39% for the first quarter.Gurnani says he feels encouraged because the overall deal pipeline is very strong. “All the changes were earlier in my planning. I used to take a forecast date plus minus one quarter.

27.07 / 05:43

UPS BLOCK Amazon CEO Inside FTC readies lawsuit that could break up Amazon

FTC) is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up parts of the company, Politico reported on Tuesday. The wide-ranging lawsuit is expected as soon as August and will likely challenge a host of Amazon's business practices, the report said, citing people with knowledge of the matter.

27.07 / 04:47

UPS Digital CEO LinkedIn BlackRock country Indian Returns Financial BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani's financial arm

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27.07 / 04:27

COST UPS Progressive CEO Southern Union Pacific hires CEO favored by hedge fund as profit falls 15% last quarter on weakening demand

Union Pacific has hired the CEO candidate favored by a hedge fund that's been pressuring the railroad to improve

27.07 / 04:27

COST Digital SEC CEO SEC rule New SEC rule requires public companies to disclose cybersecurity breaches in 4 days

The Securities and Exchange Commission has adopted rules to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines

27.07 / 04:27

UPS Provident FIVE Manufacturing CEO Highways debate Congress urged to revive long-stalled debate about regulating self-driving vehicles

Advocates for the self-driving vehicle industry are asking Congress to expand their ability to test and eventually sell autonomous cars and trucks

27.07 / 04:27

COST CEO Gap Entertainment Mattel Executive Gap taps Mattel executive as its next president and CEO. The appointment caps a yearlong search

Gap Inc. has tapped a top Mattel executive who re-energized Barbie and Hot Wheels to be its next president and CEO

27.07 / 04:27

UPS Microsoft Google CEO Boeing fall Union Pacific, Boeing rise; Snap, Microsoft fall: Wednesday, 7/26/2023

Stocks that are trading heavily or have substantial price changes on Wednesday: Union Pacific, Boeing rise; Snap, Microsoft fall

27.07 / 04:27

COST Progressive CEO Airlines Boeing performer plane Lost Boeing lost $149 million last quarter as the plane maker pushes ahead with production increases

Boeing is reporting a $149 million loss for the second quarter despite higher revenue, as the plane maker struggles with higher costs in both its airline and defense business

27.07 / 04:27

UPS Booking CEO love star electronic Fried Sam bail Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations

A judge is weighing whether to revoke Sam Bankman-Fried’s bail

27.07 / 04:09

Citi CEO Macquarie Macquarie flags lower quarterly profit as commodities arm flounders

By Harish Sridharan

27.07 / 04:07

Provident Williams Waters CEO Fighting Strategy Jack Gance questions Bubs spending after board spill fails

Jack Gance, the billionaire co-founder of Chemist Warehouse and Bubs Australia’s second-biggest shareholder, demanded to know why the board spent what he claimed was $5 million defending itself from a failed governance coup.

27.07 / 04:07

UPS CEO Macquarie Macquarie profits take a hit on weaker commodities trading

Macquarie Group’s shares tumbled 4.3 per cent to $175 a share at the open on Thursday after the company reported its net profit took a hit for the first quarter of 2024, compared with the same period a year earlier, due to weaker trading conditions.

27.07 / 02:21

COST UPS Booking CEO show M&M looking to own nearly 10% in RBL Bank

RBL Bank. M&M said Wednesday it already owns 3.5% of the lender, a stake the conglomerate bought in secondary market transactions. The entire deal, when completed, will make M&M the biggest stakeholder in RBL Bank along with investment fund Maple.

27.07 / 02:13

UPS AXY CEO Strategy BlackRock Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy's

Reliance Industries: Jio Financial Services Ltd, the demerged financial lending arm of Reliance Industries Ltd, and BlackRock, the world’s largest asset manager, have joined hands to set up an asset management company with a combined investment of $300 million. On Wednesday, in a joint statement with BlackRock, Jio Financial said that the joint venture (JV), Jio BlackRock, would deliver “tech-enabled access to affordable, innovative investment solutions for millions of investors in India." Axis Bank: Private sector lender Axis Bank reported a 41% y-o-y increase in net profit for the first quarter of the current fiscal, driven by higher net interest income and fee income.

27.07 / 02:09

UPS Cooper Booking Google CEO Strategy Fried Sam bail US judge tightens Sam Bankman-Fried's bail, will consider jailing him

By Luc Cohen and Jonathan Stempel

27.07 / 01:41

UPS MET Manufacturing CEO Southern electronic Foxconn unit plan to set up $200 million electronic components in Tamil Nadu: Report

Foxconn Industrial Internet (FII)'s CEO Brand Cheng and other company representatives met last week with Tamil Nadu Chief Minister MK Stalin and other government officials to discuss the investment in the southern state. FII has shared a plan with state officials to initially invest $180 million to $200 million in the facility, Reuters said citing sources. The Taiwan-based company aims to complete the plant by 2024, with further investments expected afterward.

27.07 / 01:01

UPS Manufacturing CEO RAI electronic recovery Discretionary demand on the mend in June-July; cos see full recovery in second half of fiscal year

There has been a further acceleration in demand recovery in July, they added, attributing the pick-up to a slowing in inflation among other drivers. They are confident of a complete recovery in the second half of the fiscal year, as festive season spending kicks in.

27.07 / 00:37

UPS Citi Digital CEO Platform social Indian play Indian edtech companies eye larger offline play in post-pandemic world

hybrid approach as the way forward in a post-pandemic world. Companies including Physics Wallah, Unacademy, BrightChamps, Vedantu, UpGrad and Simplilearn are either increasing or building their offline presence as students now want the best of both worlds – online and offline. The edtech sector scaled record highs during the pandemic as education moved online, but has since been among the worst affected in terms of funding and layoffs, particularly in the tuition, K12 and test-prep segments.

26.07 / 23:01

COST Coca-Cola CEO ICE country Unseasonal rains unfavorably impact Coca-Cola’s India business

New Delhi: Unseasonal rains in the June quarter unfavorably impacted The Coca-Cola Company’s business in India but the beverage major kept its growth outlook for the market “intact". “India business was unfavorably impacted by unseasonable rain and cooler temperatures in the quarter. However, the growth outlook remains intact," James Quincey, Chairman and CEO of The Coca-Cola Company said during the company’s post earnings call on Wednesday.

26.07 / 18:09

UPS Twitter Digital CEO coinbase Rain Crypto Exchange Secures License for Virtual Asset Brokerage and Custody in UAE

Rain, a Middle East-based crypto exchange partly backed by Coinbase, has secured a license to operate in the United Arab Emirates (UAE), the firm announced on Tuesday.

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