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EXECUTIVE EXODUS SPECULATION
Beyond Equities: Why HNIs are increasingly turning to premium real estate for wealth preservationIndian housing sales value surged 16% to ₹9.33 lakh crore in FY26, driven by affluent investors prioritizing premium and luxury properties....- Rupee trims fiscal year loss after March surge but tariff risk lingersThe Indian rupee's sharp run-up over March due to a pickup in inflows and an easing bearish bias helped the local unit recover from a recor...
- Suits & Sayings: Fake NewsET’s roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
- Mukesh Ambani's JioCinema scores high in IPL 2023About 32 million concurrent viewers tuned into the free-to-watch airing of the rain-delayed, then shortened, match, said a spokesperson for...
- The new get-rich-faster job in Silicon Valley: Crypto startupsTech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportu...
- Credit Suisse pares back investment banking, sharpens focus on richThe bank posted a 21% fall in third quarter profit and said it expected to report a net loss in the fourth quarter as it writes off its rem...
- Top level exits continue at Franklin TempletonDastoor is said to be joining UTI Mutual Fund. UTI did not respond to an email query. His exit comes amid speculation that Franklin is seei...
- SoftBank partners with Oyo in Latam in move for more oversightSoftBank said it started the partnership with Oyo in Latin America in 2019 and the investment has been recently formalized with the creatio...
- CLSA’s India division too witnessing an exodusMost of the exits have happened from research, while one is said to be from the sales trading team.
- Will Urjit Patel's exit hit rupee and bonds on Tuesday?The rupee may lose about 1% on Tuesday, when state election results will too keep investors on tenterhooks
- Vodafone Idea's $10-billion saving plan could cost 2,500 jobsVodafone India and Idea will need to shed up to 2,500 people from its 17,500-18,000 staff
- For once, Fed shows it's smarter than the marketsBehind this shift toward central bankers directing markets on the policy agenda is a strengthening in the global economic outlook that's gi...
- Not a Snap Deal: Jasper Infotech's lifeline from SoftBank may cut its valuation by halfGurgaon-based Jasper was last valued at $6.5 billion when it raised $200 million in funding led by Canada’s Ontario Teachers’ Pension Plan ...
- Snapdeal in talks with PayPal to sell FreechargeThe deal would value the online recharge company at around $500 million, they said, compared with the $400 million that Snapdeal paid for i...
- AirAsia India chief Mittu Chandilya likely to quit in MarchAmar Abrol, chief of AirAsia Bhd’s insurance arm Tune Money, is the frontrunner among three executives being considered to replace Chandily...
- Infosys shares rally 26% since Vishal Sikka took charge as new CEOWith Sikka, a former SAP biggie, fund managers said there is a fresh thrust to bag deals in areas that the company has never ventured befor...
- Turmoil within Infosys as it faces fresh round of exitsTwo other executives who are in advanced level talks include the head of one of the fastest-growing verticals and a business head based out...
- Execs' exodus from realty cos puts spotlight on governanceSuspect accounting policies employed in the Indian real estate sector could be the main reason for such exits.
- Rumours of top-level exits hit Wipro stockSoftware exporter Wipro was hit by rumours on Monday of a mass exodus of its top executives, which contributed to a near 2% decline in its ...
- Merrill brokers want more power for their bossTop brokers at Merrill Lynch & Co Inc who oversee billions of dollars in client assets have urged the board to give more power to their bos...
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