Freshworks founder quits as CEO, stock tanks 25% in US

[ CHENNAI: Freshworks founder Girish Mathrubootham has stepped down as CEO of the Nasdaq-listed software firm. He made his decision public early on Thursday, surprising investors and employees alike.Dennis Woodside, the company’s president, has been named the new CEO effective May 1, while Girish will take over as executive chairman and focus on product development.Freshworks … Read more

Min Hee Jin: ADOR CEO Min Hee Jin refuses to attend HYBE’s Board of Directors meeting |

[ In the ongoing controversy between ADOR’s CEO, Min Hee Jin, and HYBE, the tension reached a new heights as reports emerged on April 29, 2024, indicating Min Hee Jin‘s refusal to heed HYBE‘s call for a board of directors meeting. The reasons behind Min Hee Jin’s rejection were twofold and underscored the deep-rooted discord … Read more

Wipro veteran Malay Joshi takes over Americas 1 unit

[ BENGALURU: Wipro has appointed Malay Joshi as the CEO of its Americas 1 strategic market unit, effective immediately. Joshi succeeds Srini Pallia, who was appointed as CEO and MD of Wipro on Saturday.Joshi will also join Wipro’s executive board. He was previously the senior vice president and business unit head, leading communications, media, tech, … Read more

Internal candidates in race for top job at LTIMindtree

[ BENGALURU: The leadership transition at Wipro occurred earlier than anticipated, while LTIMindtree is currently engaged in succession planning. Both organisations seem to favour internal candidates for the CEO position.As Debashis Chatterjee‘s tenure as LTIMindtree CEO will end next year, two internal candidates are competing for the role: COO Nachiket Deshpande and president of sales … Read more

End of Vistara flight cancellation crisis in sight? CEO says over 98% pilots have signed new contract

[ NEW DELHI: Allaying fears of worsening crisis, Vistara CEO Vinod Kannan on Saturday said the airline intends to stabilise operations for the remainder of April 2024 by this weekend and that over 98% of their pilots had signed a new pay contract.“With reference to concerns being raised regarding the new pay structure of our … Read more

CEOs to balance cost and growth in 2024

[ Chief executive officers (CEOs) have to make some tough decisions this year in managing costs and growing their businesses. Growth is an important factor and they remain cautious about the uncertain outlook for recession, inflation and rising interest rates. Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the … Read more

Megat Jalaluddin takes the reins at TNB, to drive energy transition agenda

[ KUALA LUMPUR: Datuk Megat Jalaluddin Megat Hassan today began his duty as Tenaga Nasional Bhd’s (TNB) new president and chief executive officer (CEO) for the next two years. In a statement, the utility firm said Megat Jalaluddin, who previously held the position of chief operating officer, replaced Datuk Seri Baharin Din, who completed his … Read more

Adani hints at future collaborations with Uber after meeting CEO Dara Khosrowshahi | India Business News

[ New Delhi, Billionaire Gautam Adani on Saturday met Uber CEO Dara Khosrowshahi, who is currently on a visit to India, and hinted at possible future collaborations between his conglomerate and the ride-hailing app. Taking to X, both business leaders appreciated their conversation on the Indian growth story and their vision for the subcontinent. “Absolutely … Read more

Investors file lawsuit against Byju’s management, seek ouster of CEO Raveendran

[ NEW DELHI: Four Byju’s investors has filed a lawsuit against the management of company before Bengaluru bench of the NCLT. They are seeking to declare the founders, including CEO Byju Raveendran, as unfit to run the company and appoint a new board. The investors have also requested a forensic audit of the company. The … Read more