CEO Financial News

Pradhan Mantri Fasal Bima Yojana (PMFBY) and enhance the resilience of farmers. The partnership aims to boost the implementation of the PMFBY and the Restructured Weather Based Crop Insurance Scheme (RWBCIS) by building technical capabilities of the scheme and digitalizing service delivery of crop insurance and agricultural credit processes to increase reach and uptake of the schemes. It will also promote credit profiling of farmers, agri-entrepreneurs, and Farmer Producers Organizations (FPOs), for accurate crop loss assessment and risk evaluation to mobilize agriculture financing.

Reliance Industries (RIL) who will be rewarded with 1 share of JFSL for every share of RIL owned. To be eligible for the value unlocking by billionaire Mukesh Ambani, you must be a RIL shareholder before the record date of 20 July, which means that the last day to buy the stock is July 19, tomorrow. «We recommend investors to buy RIL before the record date i.e.

Twitter's Direct Messaging (DMs). This feature will allow users to privately send messages within the same platform. Initially, Instagram CEO Adam Mosseri stated that this feature would not be implemented in Threads in the near future.

TDS) at a specified rate from rental payment. Here is a look at when to deduct TDS from house rent payment and how to deposit.

Reliance Industries' (RIL) financial services arm has the potential to generate a positive impact on the stock. Brokerage firms believe the demerger has the potential of unlocking significant value for the company and its shareholders. It could give a boost to the stock price by 3-5 per cent.

Federal Bank, has revived plans of raising funds through an initial public offering (IPO). In a BSE filing on Monday (July 17), Federal Bank announced that the board of directors of FedFina proposed an initial public offering at its meeting held on July 17, 2023. The IPO will be undertaken by way of fresh issues and offer for sale (OFS), subject to market conditions and receipt of applicable approvals including that of the Securities and Exchange Board of India (SEBI) and other considerations.

Coinbase Chief Executive Brian Armstrong will meet privately with a group of U.S. House of Representatives Democrats on Wednesday morning and plans to make remarks on the future of digital asset legislation. The meeting comes as Coinbase and Binance — two of the world's largest crypto exchanges — are grappling with lawsuits brought by the U.S. Securities and Exchange Commission for allegedly failing to register their operations with the agency. At the meeting, Armstrong will also touch upon related issues, such as tax, national security, privacy, and climate, a New Democrat Coalition spokesperson said in an emailed statement. Coinbase did not immediately respond to a request for comment outside business hours.

A category which invests across equity, fixed income, REITs, gold, international equity and commodities, multi-asset funds have added 300,000 folios in the last one year, and assets under management of these schemes have moved up 55% from ₹20,400 crore to ₹31,600 crore. «India presents a unique and compelling growth story for the coming decade, powered by strong fundamentals and several ongoing structural reforms. As a result, the Indian market valuations are high compared to several other markets,» said S Naren, chief investment officer at ICICI Prudential Mutual Fund.

Tata family seeks to strengthen its aviation empire and compete with market leader IndiGo. Vinod Kannan, the CEO of Vistara, confirmed on July 17 that the staff integration process had already begun.

Barclays Plc has been the go-to bank for Indian billionaire Gautam Adani, leveraging a relationship forged when only a few global firms were working with the emerging conglomerate. An explosive report by short-seller Hindenburg Research in January has changed all that, prompting the bank to pare its exposure, leaving a hole in an Indian business that’s been a key driver of the firm’s Asian growth for years. Executives at the highest levels are scrutinizing ties with Adani, turning more cautious about adding new business pending a regulatory probe that’s supposed to end next month, according to people familiar with the matter.

analytics software provider to business-to-business (B2B) marketing teams, said on Tuesday it has raised $3.6 million in funding led by Stellaris Venture Partners. Returning investors in this pre-Series A funding round included Elevation Capital and Emergent Ventures. Both had co-led a $2 million seed funding round in August 2021.

Some of publishing’s most celebrated and enduring editors are leaving their posts at Penguin Random House after accepting buyout packages

(Reuters) -Angelo Mozilo, who propelled Countrywide Financial Corp to become the largest U.S. mortgage lender before its crash in the 2008 financial crisis, has died, his family foundation said.

Tamil Nadu has pipped Maharashtra and Gujarat to emerge as the top state in the Niti Aayog’s Export Preparedness Index 2022 which assesses the readiness of the states in terms of their export potential and performance.  Gujarat had topped the chart in the last two rankings. The index released on Monday showed that Tamil Nadu with an overall score of 80.89 topped the third edition of rankings while Maharashtra with a score of 78.20 was second while Karnataka (76.36) was third.  Gujarat with a score of 73.22 was fourth, followed by Andhra Pradesh, Odisha, West Bengal and Kerala in that order in the ranking of coastal states, according to the government think tank’s report released on Monday. Among hilly/Himalayan states, Uttarakhand (59.13) has ranked at the top position.

NEW DELHI : Large rice companies, traders and exporters are rushing to secure letters of credit (LCs) for future shipments, fearing that rising prices may trigger export curbs on non-basmati varieties, three people aware of the matter said. Securing LCs will enable these entities to export rice varieties even after the announcement of a ban, as seen earlier in the case of the ban on broken-rice exports in September last year. Concerns of export curbs and the additional LCs may push up India’s overall rice exports in July.

China policy as the US considers new restrictions, a source told Reuters. Commerce Secretary Gina Raimondo, National Economic Council director Lael Brainard and National Security Council director Jake Sullivan on Monday are among government officials who are holding the meetings with Intel, Qualcomm and Nvidia, the source said.

A proposal for a $3 billion green hydrogen project in the East Kimberley region of Western Australia will be unveiled on Tuesday, with strong participation from two Indigenous communities that will have significant direct stakes in the venture.

Deloitte chief executive Adam Powick has told a Senate inquiry the consulting sector operates without clear oversight and misconduct reporting rules, as he conceded in a fiery exchange that he was not worth a salary that is seven-times the prime minister.

Vistara has started discussions on integrating its staff with Air India, even as the two Tata group carriers await regulatory approvals for merging with each other, its CEO said Monday. Vinod Kannan said there is unlikely to be any rationalisation of staff at Vistara because of this, but added not everyone may get the same position or function in Air India that they held in Vistara. Air India too is in the process of bringing various segments of its staff under one structure.

Despite having deep ties with China, former Disney CEO Jeffrey Katzenberg and his wife Marilyn recently donated more than $1.7 million to a fundraising committee of President Biden's reelection campaign. On 25 April, Biden’s campaign announced that Katzenberg would serve as one of its national co-chairs.

(Reuters) — FedEx Corp (NYSE:FDX) said on Monday it has appointed John W. Dietrich, former CEO of Atlas Air (NASDAQ:AAWW) Worldwide, as chief financial officer, effective Aug. 1.