CEO Financial News
30.06 / 18:17
30.06 / 18:17
Provident
CEO
Platform
Align
network
seed funding
Mind
Mind Network Secures $2.5M Seed Funding from Binance Labs, Other VCs
Web3 data security and privacy platform Mind Network has closed a $2.5 million seed round that attracted many key investors, including Binance Labs, the venture capital and incubation arm of Binance.
30.06 / 18:15
30.06 / 18:09
MET
CEO
JPMorgan
ICBC
HDFC merger to create worlds fourth largest bank by mkt cap
HDFC Bank on Friday, approved the merger between the two institutions effective from today (July 1) creating the world's fourth biggest bank by market value behind J P Morgan, ICBC and Bank of America. All share and warrant holders of HDFC as of July 13 would be eligible for HDFC Bank shares. July 12 has been set as the date for the transfer of non-convertible debentures (NCDs) of HDFC in the name of HDFC Bank.
30.06 / 18:09
Provident
Career
CEO
National
National Education Policy: What does NEP truly mean for students in India
NEP aims to both disrupt and revolutionise the current system. Therefore, as we stand on the precipice of a new chapter in Indian Education- as parents and educational professionals, what can we come to expect in the following year?Much Needed EvolutionWe’ve all endured the pitfalls of the Indian Educational System and it's policies in the past, with its penchant for rote learning- prioritising memorisation over understanding.
30.06 / 18:09
30.06 / 15:07
COST
UPS
Lowe's
CEO
Airlines
recovery
India's recovery has been sharper than the rest of the world, says British Airways CEO
British Airways (BA), the national carrier of the UK is one of the largest airlines in the world. Sean Doyle who has been with BA for 20 years took over as CEO in Oct-2020. In this interview with Arindam Majumder, Doyle speaks on the recovery from pandemic and its growth plans in India.
30.06 / 15:07
Microsoft
Google
CEO
Gap
Racing
Heineken
Company executives urge Europe to rethink its world-leading AI rules
Europe to compete with rivals overseas, especially when it comes to the technology behind systems like ChatGPT. Officials at companies from French planemaker Airbus and carmaker Renault to Dutch beer giant Heineken signed an open letter to EU leaders saying the 27-nation bloc's groundbreaking legislation may put shackles on the development of generative AI. That technology gives popular AI chatbots like ChatGPT the power to generate text, images, video and audio that resemble human work.
30.06 / 14:53
Provident
Manufacturing
CEO
Landmark
Platform
Bitcoin
Riot
acquires
Riot Acquires Next-Gen Miners from MicroBT, Boosting Mining Capacity
Riot Platforms, Inc. (NASDAQ: RIOT), a prominent player in the Bitcoin mining and data center hosting industry, has made a groundbreaking move by entering into a long-term purchase agreement with MicroBT Electronics Technology Co., LTD. This landmark deal involves the acquisition of 33,280 state-of-the-art Bitcoin miners manufactured in the United States by MicroBT. The agreement also includes an option for Riot to purchase an additional 66,560 miners on the same terms.
30.06 / 14:53
Blockchain
Progressive
CEO
Cumberland
Compound Founder's New Venture Superstate To Bridge Traditional and Blockchain Finance
Compound's Founder and CEO, Robert Leshner, has announced the launch of a new venture, Superstate (@superstatefunds). «Superstate's mission is to create regulated financial products that bridge traditional markets & blockchain ecosystems,» said Leshner, signaling a significant shift in the financial industry.
30.06 / 14:49
Binance
Digital
Citizens
CEO
Platform
compliance
Binance's Commitment to Compliance: An Inside Look at the Program
Binance, the world’s largest cryptocurrency exchange, is making an effort to to dispel myths that the crypto industry at large is a ‘non-compliant’.
30.06 / 14:23
30.06 / 13:55
UPS
Provident
Digital
CEO
Platform
Mobile
businesses
Paytm partners with Shriram Finance to strengthen loan distribution among small businesses
Paytm on Friday said it was partnering with retail NBFC, Shriram Finance to offer financial services to its users including loan products. Through this partnership, the company said Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit, especially among the small businesses in the country.
30.06 / 13:55
UPS
Provident
Digital
Career
CEO
Strategy
Pinnacle
ET Education Leadership Summit hosts stimulating discussions on education leadership
The chief guest of the day was Padma Shri Dr BVR Mohan Reddy, the Founder Chairman and Board Member of Cyient Technologies. Sharing his thoughts, Dr Mohan Reddy said:«My goal is to discuss our approach to the 21st century, which presents a major challenge and opportunity.
30.06 / 13:55
Provident
CEO
Airlines
Align
Air India revises contracts for non-flying staff
Air India Friday revised employment contracts and compensation for its non-flying staff, as it tackles one of the most onerous parts of its turnaround plan: streamlining workforce. “The new grades & designations have been arrived at after a comprehensive formal job evaluation to assess the size and complexity of each role, which have then been benchmarked against external companies so that the grade and associated compensation is aligned with market standards,” said the Tata group airline’s CEO Campbell Wilson in a letter to employees. Air India has been in the past criticised for having a flabby workforce and redundant functions.
30.06 / 13:27
Citi
BTC
CEO
coinbase
Bitcoin
Rise in Salaries Paid in Bitcoin as Employees Opt for Crypto Amid Economic Uncertainty
Human Resources industry executives have noted that employees are willing to receive their salaries in Bitcoin (BTC), given the current hyperinflation and political conundrum in many regions worldwide.
30.06 / 13:07
Twitter
Binance
Digital
SEC
CEO
SEC sues Binance and CEO Changpeng Zhao for breaking U.S. securities rules
Wall Street’s main regulator accused Binance Holdings Ltd. and its chief executive Changpeng Zhao of breaking U.S. securities rules, a major escalation in the legal woes facing the crypto exchange.
30.06 / 13:06
UPS
CEO
Platform
Strategy
pension
How the CEO of the $243.7-billion PSP Investments pension fund is navigating tumultuous markets
DO: Positive returns in challenging markets are good. And I think what it really reflects is the diversity of our portfolio, the deep expertise of our investors and the global nature of our portfolio. Our strategy (has been)to diversify beyond public markets into private asset classes, some of which have performed very well this year, as well as to expand internationally. As a result we benefited from, for example, exposure to safe haven currencies like the U.S. dollar, which performed their expected role of mitigating some of the downside risks in challenging environments.
30.06 / 13:05
30.06 / 13:05
UPS
FIVE
CEO
Fallout
Southern
Shell
co-CEO
private credit
Private credit refinancing shows concerns about sector overblown: Ninepoint co-CEO
Private credit funds have been under scrutiny in recent months as rising interest rates prompted some observers to worry that the handsome returns generated by lending to companies that can’t get traditional bank financing might not stand the test of time.
30.06 / 13:05
UPS
CEO
Parke
National
A national crisis: Vehicle theft soared in 2022, led by Quebec and Ontario
TORONTO — Vehicle theft in multiple provinces surged last year, according to insurance industry group Equite Association.
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