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Srikanth Venkatachari has been appointed as the new Chief Financial Officer (CFO) of Reliance Industries Ltd (RIL). He will take charge of the new responsibility from June 1. This information was given by the company in a stock exchange filing on Friday. The decision was taken by RIL's board of directors in a meeting held on Friday. Venkatachari, who is currently the Joint CFO of the company since 2011, will succeed Alok Agarwal. Agarwal has been appointed as senior advisor...
Srikanth Venkatachari new CFO of Reliance Industries, Alok Agarwal appointed advisor to Mukesh Ambani
Visa said on Thursday its chief financial officer, Vasant Prabhu, will leave the company on Sept. 30, after eight years as one of the top executives at the payments giant. Shares in Visa, which have gained about 9% so far this year, were down marginally in extended trading after the announcement. The leadership change comes at a time when Visa is grappling with revenue growth winding back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer sp...
Visa's finance chief Vasant Prabhu to leave payments giant
Condolences from all quarters have poured in on the death of the 'Steel Man of India', J.J. Irani who had passed away at the age of 86 on Monday night in Jamshedpur. Steel Minister Jyotiraditya Scindia, Commerce Minister Piyush Goyal and former Infosys CFO T.V. Mohandas Pai were among prominent politicians and business leaders, who condoled Irani's death. Irani had retired from the board of Tata Steel in June 2011, leaving behind a legacy of 43 years, which won him and...
Piyush Goyal, Jyotiraditya Scindia, others condole Dr Jamshed J Irani`s death
Alphabet, Google's parent company, has reported a net profit of $13.9 billion in the third quarter (Q3), down 27 per cent from a year earlier, while revenue increased 6 per cent to $69.1 billion, amid global slowdown and recession fears. The Alphabet earnings fell short of Wall Street estimates of $16.9 billion in net profit. In the last quarter (Q2), the tech giant earned nearly $69.7 billion with profits of around $16 billion. Sundar Pichai, CEO of Alphabet and Google, sa...
Alphabet`s net profit sinks 27% to $13.9 bn, revenue up 6%
HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise move that puts the former head of its investment bank in pole position to eventually succeed Noel Quinn as CEO. The change came as HSBC's shares were knocked by a 42% slide in third quarter profit, the result of loan losses and charges from the sale of its French business as it seeks to placate investors including China's Ping An Insurance Group. HSBC stock, which fell as much as 8%, was on t...
HSBC makes surprise succession move as forecasts hit shares
Paytm, India's leading digital payments and financial services platform, has elevated Madhur Deora to take on the additional responsibility as the CFO of One97 Communications Limited. Currently, Deora holds the role of the company's Group President and CFO. In December 2021, the company, in an exchange filing, had talked about Deora's additional responsibilities, while a recent MCA filing now shows his appointment as the CFO. Deora has been associated with the company for fi...
Paytm's Madhur Deora gets additional role as CFO of One97 Communications
Leading local language technology platform VerSe Innovation on Wednesday announced that it has appointed Sandip Basu as its Group Chief Financial Officer (CFO), effective immediately. Basu is a deeply experienced business leader who over the past 30 years has led and built several businesses as a CEO and Group CFO. He has built high-performing teams holding them to the highest standards of operational excellence and compliance. "I am humbled to start a new year, in a new role, with...
VerSe appoints Sandip Basu as Group CFO to strengthen its leadership team
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