Tag Archives: CEO

Exclusive: Coverfox future uncertain, CTO and CEO resign

Trouble is brewing at insurance aggregator Coverfox. The firm’s co-founder and chief technology officer Devendra Rane moved out of the company a month ago, while its chief executive officer Premanshu Singh resigned last week due to uncertainty over the future of the company, according to two people familiar with the matter. The company executives had requested its existing investors to ... Read More »

Deloitte optimistic about India’s future, to create 75,000 jobs in 3 years: CEO Punit Renjen

New Delhi: Expressing optimism in the Indian market, Deloitte Global CEO Punit Renjen on Monday said the company is committed to creating 75,000 jobs in the country in three years. Tweeting a photograph of his meeting last week with Prime Minister Narendra Modi, Renjen on Monday said he remains optimistic about India’s future. “I remain optimistic about #India’s future after meeting ... Read More »

IBM’s new CEO Arvind Krishna explains why practical future of quantum computing is closer than we think

Finance Minister Nirmala Sitharaman‘s Budget speech was replete with geeky terms. One of them was quantum technology. “Quantum technology is opening up new frontiers in computing, communications, cyber security with wide-spread applications. It is expected that lots of commercial applications would emerge from theoretical constructs which are developing in this area,” Nirmala Sitharaman, Minister of Finance, said. “It is proposed to ... Read More »

Future Consumer names Rajnikant Sabnavis as CEO

NEW DELHI : Future Consumer Ltd, part of Kishore Biyani-led Future Group, on Tuesday named Rajnikant Sabnavis as its new chief executive officer, effective January 1, 2020. Future Consumer is the consumer goods arm of Future Group and sells popular packaged goods brands such as Tasty Treat, Voom fabric care, Karmiq dry fruits, Sunkist beverages and Mother Earth, its organic staples brand, ... Read More »

Vodafone CEO Nick Read says company’s future in India looks doubtful as situation is critical

Vodafone said its future in India could be in doubt unless the government stopped hitting operators with higher taxes and charges, after a court judgment over licence fees resulted in a 1.9 billion euro group loss in its first half. Chief Executive Nick Read said India, where Vodafone formed a joint venture with Idea Cellular in 2018, had been “a ... Read More »

Waymo’s dream of building a robot car without a steering wheel and pedals isn’t dead, CEO says

Waymo’s dream of putting a car without a steering wheel on the market is far from dead. Waymo is an independent company that spun out from Google’s internal self-driving-car team in 2016. The spin off resulted in a series of sweeping changes designed to get Waymo’s tech on the market faster, like thedecision to keep driver controls in future test ... Read More »

iPhone 10 Year Anniversary: Apple CEO Tim Cook Says ‘Best Is Yet to Come’

It all started ten years ago when Apple CEO Steve Jobs took centre stage at MacWorld 2007 in San Francisco to introduce the first ever iPhone. 2017 is a big year for Apple as it marks the tenth anniversary of the revolutionary mobile device, but January 9 is even more special, as it is the day Jobs took the stage ... Read More »

Apple CEO Tim Cook’s Pay Slumps Along With iPhone Sales

Apple penalized CEO Tim Cook for the iPhone maker’s first sales slump in 15 years with a 15 percent pay cut. Cook still did extremely well, with a compensation package valued at $8.7 million (roughly Rs. 59.3 crores) for Apple’s fiscal year that ended September 24, according to a regulatory filing made Friday. But the amount was down from nearly ... Read More »

Zuk Edge to Be Launched Next Week, Confirms CEO Chang Cheng

There have been several leaks and rumours regarding Lenovo’s upcoming Zuk Edge smartphone, but now Zuk’s CEO has himself confirmed that the phone will be launched next week. Even though there is still no confirmation for exact launch date, we now have official renders of both the front and the back of the Zuk Edge smartphone, along with its packaging. ... Read More »

LeEco CEO Admits to Cash Crunch, Says Company ‘Over-Extended’

  The CEO of Chinese internet firm LeEco has told employees the company grew too quickly and is short of cash, according to a letter seen by Bloomberg News, weeks after it announced its US expansion. Billionaire Jia Yueting said his 12-year-old video-streaming company, which recently bulldozed into sectors as wide-ranging as self-driving cars, sports, smart phones, film making, and ... Read More »