CEO Financial News

Altre has raised $1million in a pre series A round to grow technology, capability and teams across the country. Altre is a B2B fulfilment marketplace for commercial real estate.

AI safety commitments by seven technology companies Friday. But a closer look at the activity raises questions about how meaningful the actions are in setting policies around the rapidly evolving technology. The answer is that it is not very meaningful yet.

Aditya Birla Capital Capital, has extended debt worth Rs 40 crore to Agami Realty’s premium residential project involving redevelopment of a housing society in Kala Nagar near Mumbai’s business district Bandra-Kurla Complex (BKC). The project to be developed on the land parcel spread over a quarter of an acre is estimated to have a development potential of about 1 lakh sq ft and a free-sale component of about 45,000 sq ft.

An analysis of IPO documents filed by hospital chains in the past two years reveals the high attrition of nursing staff to the extent that, on average, one out of every two nurses hired quits their job. For instance, Global Health (Medanta) had, in its red herring prospectus, reported an attrition rate of 51% among nurses for FY22.

Kevin Mitnick, whose pioneering antics tricking employees in the 1980s and 1990s into helping him steal software and services from big phone and tech companies made him the most celebrated U.S. hacker, has died at age 59

Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by publicly disclosing personal things she wrote while she was the chief executive at his cryptocurrency hedge fund trading firm

Fewer shipping container deliveries this spring slowed railroad CSX's second-quarter profit and offset a sharp increase in shipments of automobiles

Tourism officials at Lake Tahoe were surprised when a respected international travel guide included the iconic alpine lake on a list of places to stay away from this year because of the harmful ecological effects of overtourism

Chandrasekhar has said in the Parliament that government authorities had not shut down the services of American microblogging site Twitter and did not raid homes of executives of Twitter for hosting content of farmers' agitation during 2021. This allegation was first made by former Twitter CEO Jack Dorsey in a television interview, which was repeatedly denied by Chandrasekhar on his social media handle.

ONDC will sell the most coveted food item in the country currently — the humble tomato — for ₹70 a kg. Tomatoes will be sold by the National Cooperative Consumers' Federation (NCCF) for the next 10-15 days, ONDC managing director and CEO T Koshy said in the national capital on Friday. ONDC is a «socially conscious organisation» he said adding that the move will provide publicity for the platform which is trying to roll-out nationally after several pilots in cities across the country.

sunflower oil and wheat are on the rise in India after Russia suspended a deal that allowed export of commodities from war-torn Ukraine through the Black Sea.Soyabean oil, too, is turning expensive, as dry weather in the US has impacted soyabean production in the country, a top producer and exporter of the beans. Shipments of sunflower oil to India have stopped after Russia on July 17 said it was pulling out of the year-old deal that allowed shipments of grains and other foodstuffs to move past the Russian naval blockade in the Black Sea. To make matters worse, over the next two days, Russia bombed the Ukrainian grain port of Odesa, reportedly destroying more than 60,000 tonnes of grain. India imports sunflower and soyabean oils to meet domestic demand. Since the suspension of the deal, sunflower oil prices have risen by almost 8%. “Prices of both sunflower and soyabean oils have started moving up,” said Sandeep Bajoria, Bajoria, CEO of Sunvin Group, a vegetable oil brokerage and consultancy firm. “If Russia does not extend the grain deal, then prices of sunflower oil go up further. On the other hand, dry weather conditions in the US have driven up the prices of soyabean oil by 5% in the last week.”

(Reuters) — Pfizer (NYSE:PFE) CEO Albert Bourla said on Friday that hurricane damage this week had almost completely destroyed the drugmaker's plant in Rocky Mount, North Carolina, but that production facilities do not seem to have suffered damage.

(Reuters) -Huntington Bancshares beat Wall Street estimates for second-quarter profit on Friday, as it earned more from rising interest rates and saw strong demand for its commercial loans.

FTX founder and former CEO Sam Bankman-Fried (SBF) faces multiple charges of fraud, wire fraud, money laundering, and more by US prosecutors. 

By Manya Saini

Digital World Acquisition Co., a blank-check company, has found itself entangled in a web of legal trouble with the Securities and Exchange Commission over its proposed merger with media giant Trump Media and Technology Group.

Instagram is alive with a new phenomenon: the Citadel-branded Nike sneaker. Given that they aren't yet available on eBay (yet) and might have more resale value than the Deutsche Bank €80 Addidas shoe, how do you get hold of them?

The last time we checked in with Blackstone’s graduate program, it accepted around 0.67% of applicants. Somehow, this absurdly competitive program has become… More absurdly competitive.

There are not many firms who would be prepared to pay for hotels, flights and restaurants for 750 bankers to have a get-together, even in the best of market conditions.  In the current environment, Macquarie Capital’s biennial conference in Tokyo looks quite surreally lavish.  The invitations have gone out to more or less the entire firm, so as well as the travel and accommodation bills, the Australian investment bank is prepared to give up almost an entire week’s revenue generation.  (The only people who haven’t been invited are those working on the public-facing equities business, and they will presumably be telling themselves that this is because that’s one business line where you really can’t leave the desk for days at a time).

Goldman’s Q2 results day has come and gone and its M&A bankers are not having the best time. 

Tupac Shakur, which occurred in September 1996 while leaving a boxing match on the Las Vegas Strip, the culprit responsible for the crime has evaded capture. Despite decades passing, the investigation remains unresolved, giving rise to numerous conspiracy theories and leaving the world with lingering uncertainties. Recently, around 27 years after the incident, the Las Vegas Metropolitan Police took action by executing a search warrant in Henderson, Nevada. This move is directly linked to the ongoing murder investigation, as confirmed by the department to CNN on Tuesday.