Latest business news
New Delhi, Jun 1 (PTI) Amid supply chain woes, Air India has decided to retrofit its 13 legacy A321 ceo planes that were earlier planned to be taken out of service while the first of the airline’s legacy Boeing 787-8 aircraft will go for retrofit in July. Air India, which is slowly expanding its fleet…
IndiGo on Sunday said it will comply with the government’s decision to not let the company to damp lease two Boeing 777 aircraft from Turkish Airlines beyond August 31. Speaking at an event in New Delhi, IndiGo CEO Pieter Elbers said that the company still has time to find a solution for its customers on…
JPMorgan Chase CEO Jamie Dimon warned of a crack in the bond market and said the U.S. should be stockpiling military equipment instead of Bitcoin at an economic forum on Friday. Dimon, who was interviewed on stage at the Reagan National Economic Forum in Simi Valley, Calif., prompted some market jitters during Friday’s sideways trading…
While Nithin Kamath, chief executive officer and co-founder of Zerodha, hailed India’s ascent to the fourth-largest economy in the world amid multiple challenges, he also called for looking just beyond the GDP numbers. The 45-year old enterprenuer offered a sobering reality check as he believes that GDP rankings don’t tell the full story. “It’s amazing…
Cognizant chief executive officer (CEO) Ravi Kumar S believes that the scientific approach to businesses is a ‘huge blessing’. Speaking to news website Semafor, the CEO of the leading tech giant said that the ability to build, validate, iterate a thesis, and build a new hypothesis is a ‘fascinating grounding’ when asked what he learnt…
Zerodha CEO Nithin Kamath, in a social media post on X, on Monday, May 19, unveiled a newly revamped version of Kite’s screener dashboard, which he said has now been made “much cooler”. Kite Marketwatch is a feature of Zerodha’s Kite trading platform, one of India’s most popular online stock trading interfaces, that provides features…
The US Securities and Exchange Commission will hold a roundtable next month to discuss executive compensation disclosure rules, which Chair Paul Atkins said have grown “increasingly complex and lengthy.” “It is less clear if the increased complexity and length have provided investors with additional information that is material to their investment and voting decisions,” Atkins…
Klarna Group Plc’s co-founder and CEO, Sebastian Siemiatkowski, has admitted the fintech giant’s aggressive use of artificial intelligence in customer service has backfired. “As cost unfortunately seems to have been a too predominant evaluation factor when organizing this, what you end up having is lower quality,” he said at Klarna’s Stockholm headquarters. The company had…
Novo said on Friday its current CEO will step down The obesity drug maker has struggled to compete against U.S. rival Eli Lilly American CEO may be better to deal with a Trump admin, analysts said By Patrick Wingrove and Maggie Fick May 16 – As Denmark’s Novo Nordisk shops for its next CEO to…
Talks aimed at settling a strike between train engineers and New Jersey’s huge commuter railroad resumed Saturday and are set to continue Sunday, New Jersey Transit CEO Kris Kolluri said. The locomotive engineers’ strike began Friday at the rail system with 350,000 daily riders and left commuters either working from home or searching for other…