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The Economic Times
The Economic Times Ravi Ahuja to take over as CEO of Sony Pictures as Tony Vinciquerra steps down
Tony Vinciquerra will step down as Sony Pictures Entertainment's Chairman and CEO in January 2025. Ravi Ahuja, the current Chairman of Global Television Studios, will take over the role. Vinciquerra will stay in an advisory role until the end of December 2025 while Ahuja will report to Sony Group Corporation's leading executives.
The Economic Times IT’s fresher hiring may double in FY25 on demand rebound
This optimism is driven by increasing demand in business, particularly in the banking, financial services, and insurance (BFSI) segment—the largest vertical for most IT firms—as well as strong large deal wins and global expansion by IT majors, experts say.
The Economic Times Kotak Mahindra aiming to be no 3 private bank by profit, says bank's MD & CEO Ashok Vaswani
Kotak Mahindra Bank, led by CEO Ashok Vaswani, aims to become the third-largest private lender in India by 2030. The bank is open to acquisitions and plans to use technology and operations scaling to achieve its goal. Vaswani is the first non-promoter CEO, following the tenure of founder Uday Kotak.
The Economic Times Liquidity boost: Sebi steps up same-day stock settlement
In a major move, Sebi proposed expanding T+0 settlement from 25 to 500 stocks to enhance liquidity. The regulatory board approved 'Investment Strategies' for high-net worth individuals and 'MF Lite' for passive investments. Streamlined rights issue processes and eased regulations for investment advisers were also sanctioned.
The Economic Times Sebi OKs faster rights issues, new asset class
This was Sebi's first board gathering after the emergence of conflict-of-interest allegations directed at the regulator's chair, Madhabi Puri Buch. Sebi's press statement issued late evening remained silent on allegations against Buch and HR issues raised by its employees.
The Economic Times Sebi slaps Rs 12 lakh fine on NSE Data And Analytics
Markets regulator Sebi on Monday imposed a penalty of Rs 12 lakh on NSE Data And Analytics Ltd for its failure to segregate IT infrastructures and manpower between itself and its parent firm National Stock Exchange (NSE).
The Economic Times Sebi board meeting: Nothing on F&O regulation, new asset class for HNIs, and other top announcements
Despite expectations, SEBI has decided not to curb weekly F&O expirations or raise minimum contract sizes for now. This comes as the regulator grapples with a surge in speculative trading that has cost retail investors Rs 1.81 lakh crore over the past three years.
The Economic Times Deloitte aims $ 5 billion revenue from India business by 2030: South Asia CEO
Deloitte targets a fourfold increase in its India business revenue to USD 5 billion by 2030. The firm's revenue hit Rs 10,000 crore in the fiscal year of June 2023-May 2024, showing a growth of 30%. Deloitte India played a key role in global and Asia Pacific growth while reducing attrition rates significantly.
