CEO Financial News
10.07 / 12:07
Aware
CEO
NIFTY
Small Cap Funds get maximum allocation, trailed by Value, Mid Cap schemes – AMFI June 2023 Data
AMFI Mutual Fund Data June 2023: More than 27 lakh new SIPs were registered in June while SIP contributions stood at over Rs 14,000 crore. Small Cap equity mutual fund schemes witnessed maximum inflows in June 2023, followed by Value/Contra Funds and Mid Cap Funds, according to date released by the Association of Mutual Funds in India (AMFI) today.
10.07 / 12:07
UPS
Target
CEO
NIFTY
Power
Power SIP (SIP+SWP): New facility from Mahindra Manulife Mutual Fund explained
Mahindra Manulife Investment Management Private Limited has “Power SIP”, a new facility for investors of Mahindra Manulife Mutual Fund schemes. In a statement, the AMC said this facility combines the features and benefits of a Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP), enabling the investors to reap the maximum benefits of the power of compounding (SIP) in the form of a steady flow of income (SWP).
10.07 / 11:47
COST
UPS
Provident
Target
CEO
Stealth
L&T, Navantia sign teaming agreement for Project 75 (India) submarine program
Navantia for submission of a techno-commercial bid for the Indian Navy’s prestigious P75 (India) submarine programme. P75 (India) Submarine Project is expected to be valued at €4.8 billion (over Rs 43,500 crore) and is India‘s largest defence acquisition project.Project 75 (I) requires the Indian bidder to tie up with a Foreign Collaborator (FC) and execute the program for delivery of six conventional submarines equipped with Air-Independent Propulsion (AIP), while achieving targeted Indigenous Content.
10.07 / 11:25
UPS
Provident
Booking
Aviat
Google
CEO
Agency
International
The world needs an international agency for artificial intelligence, say two AI experts
This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. New generative-AI tools like OpenAI’s ChatGPT, the fastest-growing consumer internet application of all time, have taken the world by storm.
10.07 / 10:55
COST
Aware
Google
CEO
Strategy
Backed
Costs
Reliance Retail-backed Dunzo may cut more jobs to pare costs; defers 50% of June salary
Reliance Retail-backed quick commerce startup Dunzo may finalise its plans to terminate more jobs. It has had to already defer half of the June salary for employees at the manager level and above due to a ‘cash flow issue’, according to sources aware of the matter. Kabeer Biswas, founder and CEO of Dunzo, which closed a $75 million financing round through convertible notes in April, told his staff in a recent town hall that the June salary would be delayed due to a cash flow issue related to lenders, according to the people cited above.
10.07 / 10:45
CEO
Align
Financial
Wealth Enhancement Group expands in Denver with Ryan Financial acquisition
Another registered investment advisor (RIA) firm has been acquired by the growing nationwide Wealth Enhancement Group.
10.07 / 10:43
10.07 / 10:27
10.07 / 10:23
UPS
Provident
CEO
Strategy
BAY
ASX pushes Patriot Battery Metals to address short seller claims
The country’s market operator has asked Patriot Battery Metals to respond to claims by an activist short-seller that the lithium explorer has manipulated its stock price and “over-touted” the size of its reserves.
10.07 / 10:23
UPS
Target
CEO
Strategy
Magellan fund’s hold on institutional investors shrinks to $5b
Magellan is down to managing just $5 billion for institutional clients in its flagship global equities strategy, analysts at Macquarie estimate, after the fund suffered further outflows in June despite a turnaround in performance.
10.07 / 10:23
UPS
Provident
CEO
PwC
Deloitte
Political Donations
PwC to ban political donations over tax leaks scandal
PwC Australia will cease most of its political donations as part of a plan to rehabilitate its public image amid the ongoing tax leaks scandal, depriving the major political parties of contributions worth an average of more than $200,000 a year.
10.07 / 10:05
10.07 / 08:57
Blockchain
Citi
Provident
Binance
Digital
CEO
Align
valuation
Acura Capital's $1.3 Billion Fund Drives Patex's $100 Million Valuation Surge
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
10.07 / 08:45
Lowe's
CEO
Sony
share price
Zee Entertainment share price slumps 6% after SAT denies to stay SEBI order against Punit Goenka, Subash Chandra
₹207.20 apiece on BSE, and the stock hit intraday high of ₹286.90 and low of ₹172.25. Following the news, the stock was under intense selling pressure. Subhash Chandra Goenka, chairman of the Zee Group, and Punit Goenka, CEO of Zee Entertainment, challenged the Securities and Exchange Board of India's (Sebi) decision to bar them from the Indian market.
10.07 / 08:27
Disney
CEO
DNA
Sony
DISH
What next for Punit Goenka at Zee as SEBI ruling is upheld?
Securities Appellate Tribunal (SAT) order on Monday that dismissed their appeal over a ban by the Securities and Exchange Board of India (Sebi) on holding board positions in publicly listed companies. In a 12 June order, Sebi had barred the father-son duo from boardrooms of listed companies over allegations of fund diversion. SAT has said it saw no reason to intervene in the matter. In the absence of a stay, legal experts said that Goenka, managing director and chief executive of ZEE, will have to step down unless an order from the Supreme Court says otherwise.
10.07 / 08:11
Provident
CEO
PE inflow in realty sector slips 5% to $1.9 billion in Apr-Jun: Report
New Delhi: Private equity investment in the real estate sector witnessed a 5% decline year-on-year in the April to June quarter, reaching $1.9 billion, due to the impact of high interest rates, according to a report by real estate consultant Anarock. The report titled ‘FLUX Q1 FY24 Market Monitor for Capital Flows in Indian Real Estate’ said foreign investors accounted for a significant share of 94% in the PE investments, while domestic funds contributed 6%.
10.07 / 08:01
Provident
Maxim
Aware
CEO
Strategy
Sony
ITR filing 2023: What to do to ensure maximum income tax refund
Income Tax Returns, it is important to maximise your tax refund by taking advantage of all available opportunities. "File your ITR on time to expedite the refund process, choose the tax regime that suits you best, and avoid late filing to prevent penalties. Verify your returns promptly to ensure smooth processing of your refund.
10.07 / 08:01
UPS
CEO
British online supermarket chain Ocado launches first robotic warehouse in Asia with Aeon
Ocado said on Monday its first robotic warehouse in Asia, built for Japanese partner Aeon, has gone live. The warehouse, or customer fulfillment centre (CFC) as Ocado calls them, has begun taking orders from customers across the Kanto region for Aeon's «Green Beans» brand.
10.07 / 08:01
Disney
CEO
DNA
Sony
DISH
Punit Goenka, Subhash Chandra likely to move Supreme Court after no relief from SAT
Securities Appellate Tribunal (SAT) order on Monday that dismissed their appeal over a ban by the Securities and Exchange Board of India (Sebi) on holding board positions in publicly listed companies. In a 12 June order, Sebi had barred the father-son duo from boardrooms of listed companies over allegations of fund diversion. SAT has said it saw no reason to intervene in the matter. In the absence of a stay, legal experts said that Goenka, managing director and chief executive of ZEE, will have to step down unless an order from the Supreme Court says otherwise.
10.07 / 06:53
UPS
Provident
Digital
CEO
Platform
Aha Video announces new business reality show
New Delhi: Aha Video, primarily known for Telugu language content, has announced a business reality show called Nenu Super Woman. Hosted by Sreeram Chandra, the show will provide a platform to aspiring women entrepreneurs to pitch their ideas to a panel of successful business leaders. Entrepreneurs participating in the show include Rohit Chennamaneni (co-founder of Darwinbox), Sridhar Gadhi (founder and executive chairman of Quantela Inc), Renuka Bodla (venture partner of Silverneedle Ventures), Sudhakar Reddy (founder and CEO of Abhi Bus), Dodla Deepa Reddy (Dodla Dairy), and Sindhura Ponguru (Narayana Group).
10.07 / 06:37
COST
Progressive
Aware
CEO
Strategy
Financial
6 essential steps to stop overspending and achieve financial goals
A penny saved is a penny earned. How many of us believe in this? We often tend to forget that our savings are our earnings and we can maximise this money to achieve our critical goals.
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