Maxim Financial News

Hitachi Cash Management Services, a subsidiary of Hitachi Payment Services has announced a leadership transition with Yusuf Pachmariwala set to take over as Managing Director & Chief Executive Officer, effective April 1, 2025. Pachmariwala will succeed Anup Neogi, who has decided to retire from the role of Managing Director & Chief Executive Officer of Hitachi Cash Management Services. Yusuf Pachmariwala currently holds the position of Director Operations — Cash Business at Hitachi Payment Services and has played a crucial role in scaling cash business operations at Hitachi Payment Services.

IPL opener, when Chennai Super Kings' legend MS Dhoni was walking out to bat just for the last couple of deliveries, the crowd in Chepauk lit up with excitement even when they were uncertain of winning. The reason is simple: 'Dhoni may finish'. The wicketkeeper-batsman recently shed light on his finishing approach, emphasizing the importance of maximizing every shot. Speaking to Jio Hotstar, the former Indian captain shared his aggressive batting mindset in high-pressure IPL games. «When you go in to bat, you look at the scoreboard—what the team needs from you. If you are going to face 4-5 deliveries, you try to hit as many big shots as you can. At that moment, the thought process is only about hitting a six. You hardly plan for a four, especially if you have wickets in hand. A four becomes a by-product—you are always looking for a six,» he said. At 43, Dhoni continues to be a key player for CSK, expertly closing innings with his signature power-hitting. He also highlighted the significance of every single run in tight matches.

Subscribe to enjoy similar stories. MUMBAI : Managing bulk payments efficiently while maximizing credit card rewards could be a smart financial move. Many credit card users do not get any reward points when paying bills directly.

Subscribe to enjoy similar stories. The government over the weekend withdrew its 20% duty on onion exports. This relieves Indian farmers, who have often run into export constraints just as prices have risen to let them reap rewards.

Heathrow Airport, which caused a full-day shutdown of the UK’s busiest travel hub. Over 1,300 flights were disrupted, and thousands of homes lost power after an explosion ignited a transformer at the North Hyde substation. Officials are probing potential links to Russian sabotage campaigns, following accusations of Kremlin-backed efforts to destabilize European infrastructure.

Mother’s Blessing event in Diablo 4’s Season 7. Players can participate in the event from March 18 to 25, 2025. The event offers increased experience points (EXP) and Gold earnings. Additional rewards are available through the Tree of Whispers.

Subscribe to enjoy similar stories. The 10-year Indian bond yield, once trading at 12-13% in the late 90s, has now dropped from its 5-year high of around 7.5% to 6.7% as of February-end 2025. With the start of the interest rate cut cycle, yields are expected to fall further.

Subscribe to enjoy similar stories. Corporate governance is central to the effective functioning of public sector undertakings (PSUs). To maximize board effectiveness, a careful balance must be maintained.

Sridhar Vembu, the chief scientist and founder of Zoho, believes that the current challenges in the software job market stem not from artificial intelligence replacing jobs—at least not yet—but from a deeper systemic issue. In a lengthy post on X, Vembu, who has been associated with the software industry for 30 years, said over the past few decades, enterprise software has accumulated massive inefficiencies due to an influx of venture capital, private equity, and IPO-driven funding. This overcapitalization led to an artificial expansion of the software industry, creating a market bloated with duplicated IT systems, excessive hiring, and misplaced incentives, he said. One of the primary drivers of this inefficiency, Vembu said, has been aggressive marketing by software vendors, adding that cCompanies have long relied on tactics that instill fear, uncertainty, and doubt (FUD) in corporate customers, pushing enterprises to increase their IT spending without necessarily improving efficiency. «Software vendors applied liberal doses of marketing spending to spread Fear (of missing out) and Uncertainty (»tech is changing, you need us") and Doubt («are you confused? trust us») among corporate customers and the result was ever growing IT spending," he said.

Avaada Group said that Uttar Pradesh Chief Minister Yogi Adityanath has inaugurated its 1.5 GW solar module manufacturing Gigafactory in Noida. The foundation stone has also been laid for Avaada Electro's ambitious 5 GW integrated solar manufacturing unit at Ecotech, Greater Noida, the company said in a statement. The 1.5 GW PV module manufacturing unit in Dadri is a significant step in Avaada Group's commitment to sustainable innovation. Constructed at an unprecedented pace, the first phase of the gigafactory became operational within just 3.5 months, with all utilities and module production lines fully commissioned, according to the statement.

Subscribe to enjoy similar stories. “A strong dollar is in our national interest." The simple message from Robert Rubin, who became treasury secretary in 1994, marked a turning point. For decades, American policymakers had complained about how the weak currencies of their country’s trading partners had made life difficult for domestic manufacturers.

Subscribe to enjoy similar stories. New Delhi: The government is likely to raise about ₹10,000 crore from divestment proceeds in FY25, with a large bulk coming from the Offer for Sale (OFS) route, two people aware of the matter said. During the first 10 months of the ongoing fiscal, the Centre has raised about ₹8,625 crore through disinvestment transactions, the people mentioned above said.

Subscribe to enjoy similar stories. Fendi celebrated its 100 years at the recent Milan Fashion Week, with the house’s matriarch, Silvia Venturini Fendi, revisiting the luxury brand's archives. The show opened with Dardo and Tazio Vascellari Fendi, the sons of Delfina Delettrez Fendi (Silvia's daughter and the label’s artistic director of jewellery), wearing equestrian ensembles that the late longtime creative director Karl Lagerfeld designed for the brand.

Maxim Gorky said that when everything is easy, one quickly descends into the abyss of mediocrity. Gorky reminds of the potential dangers that accompany a life devoid of challenges and hardships. He suggests that when individuals constantly live in ease and comfort, they fail to cultivate the skills and wisdom required to navigate complexities of life.

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double-decker seating concept is making waves—and not necessarily for the right reasons.

Q. I am recently widowed and heading into retirement. My husband and I accumulated a significant value in registered retirement savings plans (RRSPs), and had done our financial planning based on our ability to income split once we had to convert the RRSPs to registered retirement income funds (RRIFs.) Now, that window is closed for me. Any suggestions on how to avoid this increased tax burden?

Steel Hunters open beta is available for four days. The game follows a free-to-play model and features third-person mech shooter mechanics. Players can access the beta through Steam or Wargaming’s Game Center and participate in special events for rewards.

Subscribe to enjoy similar stories. The world is still to recover from the shock of US tariffs (held temporarily) on Canada, Mexico and China, their retaliatory moves and the risk of American tariffs on other trading partners. America runs trade deficits with about 100 countries.

Subscribe to enjoy similar stories. NEW DELHI : Recent big hits such as Singham Again, Animal and Bhool Bhulaiyaa 3 may have clocked impressive numbers, but over 60% of their box office collections have come from the opening weekend or first week, with the movies unable to build substantially on what they make over the first few days. Trade experts warn that numbers may be growing thanks to inflated ticket rates, but such frontloaded box office receipts reduce the lifespan of films in theatres, which, in turn, are struggling with content paucity overall.