Winning over airlines biggest challenge for new Boeing CEO Dave Calhoun | World News

Boeing Chief Executive Officer Dave Calhoun | Photo: Bloomberg By Julie Johnsson and Siddharth Philip Boeing Co.’s customers finally have what they’ve been after: a leadership shakeup at the planemaker.   Days after top executives of major US airlines turned up the heat on Boeing’s board to get a handle on its spiraling… Continue reading Winning over airlines biggest challenge for new Boeing CEO Dave Calhoun | World News

Boeing CEO Dave Calhoun to step down this year, board chairman to exit | World News

Shares rose more than 2% before the market open. Photo: Bloomberg Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers. Board Chair Larry Kellner has also told the company he doesn’t plan… Continue reading Boeing CEO Dave Calhoun to step down this year, board chairman to exit | World News

Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News

Premium Casparus J H Kromhout, CEO Sriram life Insurance Shriram Life Insurance Company, a joint venture between Shriram Group and South Africa-based Sanlam Ltd., has set a target of increasing its rural penetration by 50 per cent in the next three years. Casparus JH Kromhout, managing director and chief executive officer, talks to Shine… Continue reading Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News

Taiwan is and will be India’s most trusted partner, says Foxconn CEO

Foxconn lines up Rs 4,110 cr for new Hyderabad plant, 25,000 jobs likely Foxconn pulls out of semiconductor joint venture with Vedanta Ltd Vedanta-Foxconn JV set to get govt approval for its chip-making plant Vedanta may successfully handle its debt in the next 12 months: Report Foxconn inks Rs 1.6K crore deal with TN for… Continue reading Taiwan is and will be India’s most trusted partner, says Foxconn CEO

HDFC Bank’s Jagdishan highest-paid bank CEO in FY23, gets Rs 10.55 crore

Sashidhar Jagdishan, MD and CEO of HDFC Bank HDFC Bank’s Sashidhar Jagdishan has emerged as the highest-paid bank chief executive in financial year 2022-23, grossing over Rs 10.55 crore in overall pay. Amitabh Chaudhry of Axis Bank drew Rs 9.75 crore payout and was the second highest paid bank CEO.  He was… Continue reading HDFC Bank’s Jagdishan highest-paid bank CEO in FY23, gets Rs 10.55 crore

Honeywell appoints Maheshwari as prez & CEO of High Growth Region Portfolio

Honeywell on Friday announced that Anant Maheshwari would take over as the president and CEO of Honeywell’s High Growth Region portfolio effective September 4, 2023. Maheshwari was the president of Microsoft India.   He will succeed Ben Driggs, who will be taking another leadership role in the company. Maheshwari will be a corporate… Continue reading Honeywell appoints Maheshwari as prez & CEO of High Growth Region Portfolio

Numbers justify Fitch downgrade, says Blackstone CEO Steve Schwarzman

By Dawn Lim and Erin Fuchs Steve Schwarzman said Fitch Ratings’ downgrade of the US long-term credit rating was appropriate after multiple debt-limit standoffs.    “The numbers justify it, regrettably,” the Blackstone Inc. chief executive officer said on CNBC Friday. “We’ve had an explosion of debt since the global financial crisis. We… Continue reading Numbers justify Fitch downgrade, says Blackstone CEO Steve Schwarzman

Air India CEO meets antitrust chief on pending Vistara merger: Report

By Aditya Kalra and Aditi Shah   Air India Chief Executive Campbell Wilson has held talks with India’s antitrust head on its pending merger with sister airline Vistara, weeks after the watchdog raised concerns about market power, people familiar with the matter said.   The Competition Commission of India has been scrutinising… Continue reading Air India CEO meets antitrust chief on pending Vistara merger: Report