CEO Financial News
26.07 / 08:03
26.07 / 07:59
Provident
CEO
Platform
Strategy
Holdings
Financial
Bandhan Financial Holdings to acquire Aegon Life Insurance
Bandhan Financial Holdings (BFHL) has entered into a “definitive agreement” with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire shareholding of Aegon and BCCL in Aegon Life Insurance Company.
26.07 / 07:59
Provident
CEO
Strategy
Lawson
acquires
UK-based InVentry acquires Hipla Tech to become a leading provider of smart workplace solutions
InVentry, a UK-based global leader in technology solutions, has acquired Singapore-based Hipla Technologies, a pioneer in smart workplace management solutions. The acquisition is part of InVentry’s global expansion plan and will support their international growth strategy across both Singapore and India.
26.07 / 07:59
UPS
FIVE
CEO
compliance
ITR Filing for AY 2023-24: Compliance required for opting for the new tax regime
After the introduction of the new tax regime in the Budget 2020, there has been a lot of confusion in the minds of people in respect to how the new regime can be opted and opted out. Also, a very common question is what are the compliance requirements of opting into the new regime. Before understanding the compliance requirements, first let’s try to understand about the tax regime itself.
26.07 / 07:59
COST
UPS
Lowe's
CEO
Equifax
How to manage your finances while buying a pre-owned car
Buying a pre-owned or used car comes with several benefits as it is more affordable. While it is not difficult to finance your pre-owned car, there are certain factors you have to keep in mind to avoid any additional financial burden. The most important point: the interest rate on the loan for a pre-owned car is higher than that on a new car loan. It is, therefore, better to make a substantial down payment and opt for a loan with a shorter tenure.
26.07 / 07:59
26.07 / 07:59
UPS
CEO
Tesla
Hyundai
Hyundai Motor lifts full-year outlook as Q2 profit up 15%
South Korea’s Hyundai Motor Co raised its annual sales and profit margin guidance on Wednesday, after recording a 15% rise in quarterly net profit helped by a weaker won currency, robust sales of electric vehicles (EVs) and increased production.
26.07 / 07:59
UPS
Digital
Manufacturing
CEO
performer
CEAT Q1 profit jumps multi-fold at Rs 144.61 crore on high demand, revenue up 4.1%
Tyre manufacturer CEAT Ltd posted a fiscal first quarter profit jump of 1463.4 per cent or almost a 15-fold increase at Rs 144.61 crore as against Rs 9.25 crore during the corresponding quarter of FY23. It posted revenue from operations at Rs 2935.17 crore, up 4.1 per cent as against Rs 2818.38 crore in the first quarter of financial years 2022-23. The company EBITDA stood at Rs 387.2 crore. CEAT recorded a total income for the quarter at Rs 2938.42 crore, up 4.2 per cent as against Rs 2821.14 crore a year earlier. However, the total expenses for the quarter stood at Rs 2739.14 crore, down 2.8 per cent from Rs 2816.66 crore during Q1FY23.
26.07 / 06:51
Microsoft
CEO
Platform
DAX
Danone
European stock futures edge lower ahead of Fed decision; earnings continue
Investing.com — European stock markets are expected to open slightly lower Wednesday, as investors brace themselves for another rate hike from the Federal Reserve while the quarterly earnings season continues in full flow.
26.07 / 06:27
Target
FIVE
Digital
CEO
show
performer
CEAT shares rise 5% after Q1 profit jumps multifold
CEAT rose nearly 5% to Rs 2,592 in Wednesday's trade after the company reported over 14 times rise in consolidated net profit at Rs 144.6 crore in the June quarter. The company had posted a net profit of Rs 9.25 crore in the year-ago period. Its revenue from operations during the first quarter of the current fiscal stood at Rs 2,935.2 crore, registering a rise of 4.1% compared to Rs 2,818.4 crore in the year-ago period.
26.07 / 06:25
Twitter
CEO
Tesla
film
show
performer
social
Time
elon
‘Every time Barbie says patriarchy’: Elon Musk slams Greta Gerwig's film
Elon Musk slammed Greta Gerwig's enchanting Barbie film and said that every time Barbie says the word ‘patriarchy’. In a tweet, the Tesla CEO wrote, "If you take a shot every time Barbie says the word ‘patriarchy’, you will pass out before the movie ends." Musk's tweet came in response to a Barbenheimer meme that compared Twitter to Barbie and his new X name for his social network to Oppenheimer. Barbie has performed remarkably well in its Top 10 markets, with North America leading the pack at $162 million.
26.07 / 06:25
UPS
Target
CEO
Platform
Software
TCS
IT firms must use this slump to reinvent themselves
The Q1FY24 results of the IT industry are the worst in recent times in terms of revenue growth and profits, but there's no reason to feel too downbeat. The guidance of the ‘Big Four’ – TCS, Infosys, Wipro and HCL Tech – indicates that FY24 could be a fallow period that the IT industry could use to regroup and consolidate. While things are bound to get better as global growth improves, a big rebound doesn’t seem likely in FY24.
26.07 / 05:53
COST
UPS
CEO
Kogan sales, profits slide amid consumer slowdown
Kogan.com says its inventory has fallen nearly 60 per cent compared with a year ago, but its sales are down more than 22 per cent and profits fell in the second half as higher inflation and interest rates made consumers wary.
26.07 / 05:53
26.07 / 05:21
CEO
Compilation
Tesla
Hyundai
Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations
SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales of high-margin sport utility vehicles and increased output following an easing in global semiconductor shortages.
26.07 / 04:43
Blockchain
Provident
Digital
Waters
SEC
CEO
committee
US congressional committee set to weigh crypto bills
regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry. The crypto industry has been in the regulatory crosshairs since investors were burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and other companies.
26.07 / 03:29
Provident
CEO
Gap
Assurant
PwC
Telstra
Scope of Switkowski’s PwC review revealed
The review of PwC Australia’s operations by former Telstra chief executive Ziggy Switkowski will not examine the firm’s tax leaks scandal or past conduct at the firm, according to its previously secret terms of reference.
26.07 / 01:59
UPS
BLOCK
Amazon
CEO
Inside
FTC readies lawsuit that could break up Amazon - Politico
(Reuters) -The U.S. Federal Trade Commission (FTC) is finalizing its long-awaited antitrust lawsuit against Amazon (NASDAQ:AMZN) in a move that could ultimately break up parts of the company, Politico reported on Tuesday.
26.07 / 00:05
CEO
Gap
Strategy
performer
Magellan appoints former funds management exec to its board
Embattled fund manager Magellan has appointed former Janus Henderson co-chief executive Andrew Formica to the board as a non-executive director.
25.07 / 21:49
25.07 / 21:45
Extreme
CEO
Chubb
Returns
Insurer Chubb beats quarterly profit estimates on strong investment returns
(Reuters) — Insurance company Chubb (NYSE:CB) beat estimates for quarterly profit on Tuesday as higher returns from its investments cushioned a hit from catastrophe-related claims.
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