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CEO ANNOUNCEMENT
Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul saysSamsung Electronics and SK Hynix are set to announce major long-term memory chip supply deals with US technology companies during South Kor...- Hindustan Zinc names Amarendu Prakash as new CEO; quarterly profit more than doubles on strong metal pricesAmarendu Prakash will become Hindustan Zinc's new CEO on August 1. The company reported its first-quarter profit more than doubled from las...
- Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
- AMD says its newest AI server is in full production, will ship in monthsThe Helios servers will contain AMD's latest MI455X AI accelerator with its new Venice central processor, both of which are made by Taiwan ...
- Infosys Q1 profit rises 12% and revenue 14%; Ashiss Kumar Dash to take charge next fiscalDash, 54, will succeed Salil Parekh, whose second term will end in April after over nine years at the helm of Infosys, where he grew revenu...
- For Nestle, India a growth outlier across marketsNestle SA has reported impressive growth in India, a significant market for the company. The packaged food giant achieved double-digit real...
- Infosys headcount falls by 532 employees in June quarterThe Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit ...
- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- Travis Kalanick’s Atoms secures $1.7 billion from a16z, Uber, others to expand into industrial AIAtoms, Travis Kalanick's robotics firm, has secured $1.7 billion in funding. This investment, led by Andreessen Horowitz, will fuel industr...
- Ashok Leyland partners Shriram Automall for pre-owned commercial vehiclesAshok Leyland and Shriram Automall have partnered to facilitate pre-owned commercial vehicle transactions. This collaboration aims to estab...
- US Stock Market: CME shares jump 6% after Q2 profit beats estimates; strong hedging demand boosts resultsCME Group shares surged after reporting strong second-quarter earnings which exceeded analyst estimates. Resilient hedging demand and incre...
- Ram Temple Trust tightens donation oversight, reviews SBI role after alleged counting irregularitiesThe Trust announced administrative and religious reforms for better temple management. An investigation into donation counting irregulariti...
- Tariff hike by US will only increase drug prices: Dr Reddy's CEOUS tariff increases on generic medicines will lead to higher drug prices in India. Dr Reddy's Laboratories CEO Erez Israeli stated relocati...
- Nvidia supplier Wistron launches $700 million Texas factory for AI system productionThe Fort Worth facility manufactures Nvidia's GB300 Grace Blackwell Ultra Superchip. Nvidia CEO Jensen Huang has described the AI system bu...
- BITS Pilani receives $1 million endowment for women scholars from alumna Revathi AdvaithiBITS Pilani will receive a $1 million scholarship endowment from alumna Revathi Advaithi and her husband. This generous gift will support d...
- IndiGo to place order for over 1,000 aircraft engines with CFM InternationalIndiGo has signed an agreement with CFM International to order more than 1,000 LEAP-1A engines for its 510 Airbus A320neo family aircraft, ...
- Emcure Pharma gets CDSCO nod to market Poviztra for fatty liver treatmentEmcure Pharmaceuticals announced its brand Poviztra is now available for fatty liver treatment. This follows regulatory approval for treati...
- 'Stock market looking more like gambling:' Here's a Warren Buffett warning to investorsWarren Buffett has cautioned that parts of the stock market increasingly resemble gambling rather than investing, as retail traders, AI-dri...
- Retired bureaucrats dominate applicants for Ram temple trust's first CEO postRetired bureaucrats are applying for the new chief executive officer position. This recruitment follows allegations of donation embezzlemen...
- Ram Mandir Trust invites applications for first CEO post; July 18 deadline announcedRam Temple CEO recruitment: The Shri Ram Janmabhoomi Teerth Kshetra Trust has invited applications for the post of its first Chief Executiv...
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