Tag: MARKETS
-
DBS Bank Appoints Rajat Verma as India CEO; Startup ESOP Buybacks Rise
DBS Bank has appointed Rajat Verma as CEO of DBS Bank India starting March 2025, succeeding Surojit Shome. Meanwhile, the Indian startup sector is witnessing a rise in ESOP buybacks, increasing from 19 in 2023 to 26 in 2024 across unlisted companies, indicating a shift in capital acquisition and employee ownership strategies. On December 31,…
-
Business News Highlights: AI Adoption Challenges and Market Trends on December 30, 2024.
The latest business news emphasizes the challenges in AI adoption strategies, trends in consumer preferences for platinum, job market dynamics, and emerging legal issues concerning corporate governance. TCS reports a significant number of AI projects, while young consumers increasingly prefer platinum over gold. The job market remains competitive, demanding new skill sets, and investors raise…
-
Bangladesh Accuses Adani Power of Energy Deal Breach; Corporate Developments on December 19, 2024
Bangladesh has accused Adani Power of breaching an energy deal, prompting potential renegotiations. Micromax and Phison Electronics announced a joint venture for producing storage chips. Tata Consumer denied Starbucks is closing in India amidst reduced customer footfall. CCI raided AB InBev for alleged collusions, while SEBI imposed bans on a YouTuber for illegal investment practices.…
-
Michael Dell’s Vision for AI and Governance Challenges at Dish TV
Michael Dell has dedicated 40 years to preparing Dell Technologies for the unexpected AI revolution, transforming the company beyond personal computers. Simultaneously, Dish TV faces governance issues with 25 directors ousted in three years amid shareholder dissatisfaction, underscoring the necessity of effective corporate oversight in contemporary corporate governance practices. As the world witnesses an unprecedented…
-
Companies News Today: An Insight into Financial Trends and Company Strategies
This article provides an overview of the business updates on November 29, 2024, focusing on the surprising trend of lenders showing interest in weaker companies. It also discusses venture capital shifts in India and the ambitious revenue targets set by IT service firms, reflecting broader changes in the corporate landscape. On November 29, 2024, the…
-
Luxury Market Anticipates Growth as Winter and Wedding Seasons Approach
Luxury companies, recovering from a sluggish summer, are optimistic about winter and wedding shopping, with brands like Aquazzura and Brunello Cucinelli seeing increased sales. Expectations for 2025 are bright due to rising disposable incomes and a focus on exclusive, sustainable experiences. On November 18, 2024, luxury companies are recovering from a lackluster summer sales season…
-
Corporate Strategies Adapt to Tariff Challenges on November 9, 2024
Companies on November 9, 2024, are adjusting to tariff challenges from the Trump administration through strategic price increases. This adaptation is essential for maintaining market competitiveness and navigating the current economic climate. On November 9, 2024, the business sector is actively adapting to the evolving landscape of tariffs established during the Trump administration, which has…
-
Companies News Today: Key Updates and Developments on November 2, 2024
On November 2, 2024, updates include Elon Musk’s risky ambitions for robotaxis, Tata Investment Corporation’s mixed financial results, legal actions by ex-Twitter executives against Musk, and a significant compensation package for Microsoft CEO Satya Nadella. Additionally, HDB Financial Services prepares for an IPO amid challenges related to regulations and loan issues. On November 2, 2024,…