Page 2 - Chief Executive Officer

RBI conditional approval to Carlyle, Advent's stake buy in YES Bank

The fund-raising would be conducted through a combination of $640 million (Rs 5,100 crore) in equity shares and $475 million (Rs 3,800 crore) through equity share warrants, YES Bank had said

TSMC plans to make more advanced chips in US at Apple's urging

A representative for TSMC declined to comment. Apple didn't immediately respond to a request for comment.

GroupM Media's CEO Prashanth Kumar elected president of AAAI

Prasanth Kumar, the chief executive officer (CEO) for South Asia of GroupM Media has worked at Pepsi, The Hindu, and The Media Edge & McCann Erickson in a career spanning more than 25 years

Our investment reflects confidence in India's economy: AM/NS India CEO

ArcelorMittal and Nippon Steel, has embarked on an expansion that includes increasing capacity at its existing location, Hazira in Gujarat, and setting up new plants in Odisha

HDFC Bank elevates Bharucha as Deputy MD, appoints Zaveri as ED

Decision comes ahead of merger; RBI had halted move ahead of Aditya Puri's retirement

Need to promote circular economy to deal with climate change: Amitabh Kant

State chief secys' meet to address challenges faced in implementation of circular economy, says India's G20 Sherpa

Unicorn Meesho joins ONDC to connect hyperlocal sellers and customers

E-commerce firm's pilot will be launched in Bangalore and later rolled out in other locations over a few months

Thierry Bollore quits JLR, Adrian Mardell to take over as interim CEO

Bollore's sudden resignation after a two-year stint comes at a time when the UK arm is battling various headwinds including chip semiconductor even as the order book remains strong

Amisha Vora increases stake four fold to 96% in Prabhudas Lilladher

Acquired stakes of partners Arun Sheth, Dhiren Sheth and Dilip Bhatt. Vora will now serve as chairperson and MD of PL Group

RBI governor Shaktikanta Das to meet bank chiefs ahead of monetary policy

Like to discuss issues related to growth, interest rates

Akasa Air to fly with 15 fewer seats due to supply chain woes

The airline expects the issue to be resolved in 6-9 months

Smart home appliances start-up Up raises $1.3 mn in pre-seed funding

Start-up's device assists people with no cooking experience by listing recipes, nutrition information

Top headlines: Celebs under scanner for GST evasion, Meta lays off 11,000

Business Standard brings you the top headlines this hour

Facebook parent Meta slashes workforce by 11,000, Zuckerberg takes blame

Meta CEO Zuckerberg says post-Covid scenario didn't meet expectations

Birla Corp posts Rs 56.4-crore net loss in Q2, appoints new MD & CEO

The company said profitability was impaired by a sharp increase in power and fuel costs, which could not be passed on to consumers

Zoho Corp revenue hit $1 billion in 2021, India business grew 77%

Company plans to double investments in blockchain and AI

Recession, climate change, Ukraine war: Kant lists challenges before G20

The former Niti Aayog chief executive said that climate change was another big crisis that the world faced, impacting larger nations, as well as threatening to submerge smaller island nations

'$8 for all': Elon Musk on fees for blue-tick Twitter verification

'Power to the people', says social media platform about subscription for verified status

Musk warns impersonating Twitter accounts may lead to permanent suspension

Over the weekend, several Twitter accounts had changed their name to "Elon Musk" or to usernames that suggested those handles were of the tech billionaire

Ajit Mohan quits as head of Meta India; Manish Chopra interim chief

Meta Platforms announced that Ajit Mohan, Vice President and Managing Director of its India unit has stepped down from his role to pursue another opportunity outside of the company