International Financial News

01.03 / 08:33

CEO Research information International Vanguard CEO Tim Buckley to retire by year-end

Buckley spent over 33 years at the firm and was named CEO in 2018 and chair in 2019. The firm described his CEO tenure as «dynamic and highly successful». He joined in 1991 as founder John Bogle's research assistant, then joined the senior leadership team in 2001 as information technology lead. He then became head of the personal investor division and followed that with his role as CIO. The firm has started a «comprehensive» selection process for the new CEO, considering both internal and external candidates to succeed Buckley. Columbia Threadneedle overhauls UK retail multi-manage...

01.03 / 08:27

UPS President reports International Himachal Pradesh: Vikramaditya Singh meets six rebel MLAs, as Congress govt's crisis persists

Sukhvinder Singh Sukhu-led Congress government in the hill state is far from over. The report about the meeting in the Bharatiya Janata Party (BJP)-ruled Haryana’s Panchkula comes a day after Congress party leaders, including the Chief Minister, appeared to have survived the crisis the state government faced.

01.03 / 07:27

Provident exclusive song 2020 International Warner Music, Tips extend strategic partnership

Tips Music has extended its strategic partnership with global record label Warner Music, granting access to their global catalogue, building on their three-year partnership. The expanded partnership will see Warner Music handle commercials and distribution for Tips Music's music across 23 Indian languages and 30,000+ songs on audio streaming apps. The company will use its global network to promote artists and songs globally.

01.03 / 03:07

Healthcare Celebrity dance reports Schools rights International Who is Radhika Merchant—the new addition to the Ambani family

Rihanna, SRK arrive for Anant Ambani-Radhika Merchant pre-wedding celebrations Radhika Merchant is the younger daughter of Viren Merchant and Shaila Merchant, who are the founders and owners of Encore Healthcare. Radhika's father is the CEO of Encore Helathcare and also a board member of APL Apollo Tubes, a steel manufacturing company while her mother Shaila is the director of Encore Helathcare. Anant Ambani-Radhika Merchant pre-wedding festivities begin in Jamnagar | Watch Radhika's elder sister, Anjali Merchant is married to Akash Mehta- a businessman and a partner at EY.

01.03 / 02:27

BLOCK Manufacturing CEO Strategy Courts International Pharmaceuticals Stocks to Watch: Suven Pharma, Vedanta, Radico Khaitan, IHCL, Titan

Suven Pharmaceuticals: Global private equity firm Advent International has merged two of its pharmaceutical portfolio firms, Cohance Lifesciences and Suven Pharmaceuticals, according to a joint announcement. The merged entity will have three distinct business units – Pharma CDMO, Spec Chem CDMO, and API+ (inclusive of formulations), the release said. For every 11 shares of Suven, 295 shares of Cohance will be allotted, as per the terms of the merger.

01.03 / 02:27

Trade War country SOLIDARITY Interviews International US says it struck missiles, drone that posed threat to Red Sea ships

Red Sea operations, the Iran-aligned group's leader Abdul Malik al-Houthi said in a televised speech on Thursday. Houthi militants have repeatedly fired on international commercial ships since mid-November in solidarity with Palestinians over the Israel-Hamas war in Gaza.

29.02 / 23:43

Digital Action Analysis reports International Russia FATF Rating Downgraded Due to ‘Insufficient Crypto Regulation’

The Financial Action Task Force (FATF) has downgraded Russia’s compliance rating due to its “insufficient regulation of virtual assets and cryptocurrencies.”

29.02 / 22:19

CEO security Moodys community Trade President International Shares of NYCB fall 14% after bank discloses 'internal controls' issue, CEO change

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29.02 / 21:29

Citi Reuters CEO Fallout testing International Exclusive-GM's Cruise valuation slashed by more than half, adding to woes

By Greg Bensinger

29.02 / 19:27

CEO Platform Celebrity Harmonic show donates International WeightWatchers shares tumble as Oprah decides to exit board

By Bhanvi Satija

29.02 / 19:19

UPS reports International US IRS says it will pursue high-income earners who failed to file tax returns

By David Lawder

29.02 / 18:57

Career security wellness President hospital reports International Republicans blast US Defense Secretary Austin over health secrecy

By Phil Stewart and Idrees Ali

29.02 / 18:07

markets UPS economy students show Schools International I-banks at the IIMs drop an optimistic note on India’s economy

MUMBAI : For a sure sign that domestic dealmaking is picking up in India, as is the economy, turn to the recruitment scene at the country’s premier management schools. Investment banks and private equity firms are handing out more domestic postings than international gigs to graduating students of the Indian Institutes of Management, in a sign that the persistent funding winter perhaps is finally thawing. Large domestic as well as global firms including DE Shaw, Goldman Sachs and Premji Invest are hiring graduates for functions across wealth management, institutional equities, asset management and investment banking profiles.

29.02 / 17:51

security Research information International Tech Mahindra joins IT peers, initiates return-to-office plan

Mint, India’s fifth-largest IT services company said that employees were yearning for “spontaneous interactions, collaborative environments", and a deeper “desire for human connection" that was echoing across industries. “With this in mind, I am pleased to announce that Tech Mahindra is preparing to welcome you back to office. We recognize the value of face-to-face interaction and the benefits it brings to our team dynamics.

29.02 / 17:51

markets UPS Aviat show country International Government hikes windfall tax on petroleum crude to ₹4,600/tonne from March 1

₹4,600 a metric ton from ₹3,300 with effect from March 1, according to a government order released on Thursday, February 29. The government also cut the windfall tax on diesel to zero from 1.50 per litre effective March 1, the order showed. The tax on petrol and aviation turbine fuel will continue to be zero.

29.02 / 17:13

markets UPS Intuit Interviews International In risky moon business, Intuitive Machines sets sights on second moonshot

By Joey Roulette

29.02 / 16:21

COST Manufacturing Platform WhatsApp Trade International Suven Pharma, Cohance Lifesciences to merge to bolster CDMO business

Cohance Lifesciences Ltd on Thursday signed a definitive agreement to merge their businesses, which will further strengthen the former’s position in the contract development and manufacturing organisation (CDMO) space. Promoter of Suven Pharma, Advent International, had said last year that it would merge the two businesses post the buyout of its significant stake in Suven Pharma.

29.02 / 15:51

COST Remark performer country patient International Destinations Why is India a Growing Hair Transplant Destination?

www.dhiindia.com). See his experience at https://www.youtube.com/watch?v=8ZSN6D-l4mQ In a procedure lasting just a few hours, he transformed his life forever with hairs to envy! He chose a DHI clinic in India due to their award-winning “Direct Hair Implantation" technique, which works as per “DHI Total Care System", perfected over the past 50 years by DHI Medical Group. Every hair transplant procedure is performed by highly skilled and trained surgeons who are best in the business.

29.02 / 15:51

DISH Actor Celebrity stars International Rihanna, Mark Zuckerberg, SRK land in Jamnagar for Anant Ambani-Radhika Merchant pre-wedding celebrations | Watch

Pre-wedding celebrations for Anant Ambani, the youngest son of Mukesh Ambani, the Chairman of Reliance Industries, who is soon to be wed to Radhika Merchant, the daughter of industrialist Viren Merchant began in Jamnagar district in Gujarat. The high-profile guests started arriving in Jamnagar on Thursday with actors like Ranbir Kapoor, Arjun Kapoor, and Alia Bhatt taking the lead. Anant Ambani's brother Akash Ambani also reached the venue earlier today.

29.02 / 15:51

COST UPS Action Trade information International Railway unions threaten to stop all trains from May 1: Here's why

unanimously decided to serve upon "Indefinite Strike Notice as per relevant Rules on 19th March 2024, and the Indefinite Strike to comment on 1st May 2024 i.e on international Labour Day". The press note shared by him said that after "considering the prevalent situation thoroughly and keeping in view the Non-Response of the Government on Restoration of Defined Guaranteed Old Pension Scheme in place of NPS", the committee decided "that there is no alternative left but to resort to direct action by all constituent trade unions collectively".

29.02 / 15:03

markets UPS Manufacturing Platform Trade 2020 International Suven-Cohance Lifesciences merger announced to create 1st listed PE-led contract manufacturer in Indian pharma

Advent International on Thursday announced the merger of privately held Cohance Lifescience with listed Suven Pharma to create the 1st private equity led listed contract manufacturing company, making it one the largest largest such home grown CDMO platform Divi’s Lab’s For every 295 shares of Cohance, 11 new shares of Suven will be issued, the companies said in a statement after the Suven board meeting. Suven has been 50% owned by Advent with the remaining with public and institutional shareholders while Cohance is wholly owned by the PE group. Now post merger, Advent will own 66.7% in the combined entity and the public shareholders the rest.

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