FINANCIAL STRENGTH
‘Deer in the headlights’: How ex-Nvidia CEO Jensen Huang reacted when successor Colette Kress questioned his AI bets
Nvidia's leadership transition has put interim CEO Colette Kress in the spotlight following Jensen Huang's sudden resignation amid reports of multiple alleged affairs. Months before his exit, Kress reportedly challenged Huang's aggressive AI financing strategy, prompting him to question her leadership abilities and describe her as “a deer in the headlights.”
India equity surge brightens outlook for exchanges, brokerages
India's equity market is witnessing a vibrant revival, boosting earnings prospects for brokerages and exchanges. A surge in trading activity, spurred by favorable market dynamics and declining crude oil prices, indicates robust investor engagement. The NSE India Volatility Index has climbed, reflecting increased confidence in derivatives trading. Analysts predict significant growth opportunities as the trading environment stabilizes following the rollback of the closing-auction framework.
Jensen Huang's third affair revealed after Nvidia exit; latest involves another employee: Report
Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, Reuters reported, days after his resignation following revelations of two other extramarital affairs. The disclosures triggered a board investigation into possible foreign intelligence involvement, while Nvidia appointed finance chief Colette Kress interim CEO. Its shares fell 5.5% Thursday.
Berkshire Hathaway stock beats the S&P 500 by 19.2 points despite Wall Street volatility: How Warren Buffett’s company staged its biggest monthly comeback since 2010
Berkshire Hathaway stock is beating the S&P 500 despite current US stock market volatility. Warren Buffett’s company surged 13.2% to a record high, widened its monthly lead to 19.2 percentage points and reversed May’s market underperformance without Buffett as CEO.
Colette Kress takes charge as Nvidia CEO, tells employees, ‘Let’s move forward together’
Kress sent her first message to Nvidia employees after taking charge of the company. In the email, reported byThe Verge, Kress acknowledged that Nvidia had gone through an “extraordinarily difficult period” and thanked employees for their resilience, professionalism and continued support. She also announced a company-wide meeting scheduled for November 18 at 9 am PT (10:30 PM IST).
'Jensen Huang didn't do anything without her': Why insiders say Colette Kress was Nvidia's quiet power centre
The company's board announced that Jensen Huang had resigned from three positions. Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, had agreed to serve as Interim Chief Executive Officer. It was said in an official press release that Jensen's contributions to NVIDIA are profound. The Board and the company thanked him for his immeasurable contributions.
US stocks: Nvidia shares plunge 13% after Jensen Huang quits as CEO; Colette Kress named interim chief
Nvidia shares plunged 13% after co-founder Jensen Huang resigned as CEO and board member with immediate effect. CFO Colette Kress was named interim chief executive while the board searches for a permanent successor, with Harvey C. Jones appointed Nvidia’s first independent board chair.
Aditya Birla Capital opens 100th gold loan branch in Mumbai
Aditya Birla Capital inaugurated its 100th dedicated gold loan branch in Santacruz, Mumbai, recently. The company also opened another branch in Andheri, marking significant growth in Maharashtra. As of September 30, 2026, gold loan assets under management reached ₹200 crore. This milestone reflects the company's execution capabilities and customer confidence in their services. Aditya Birla Capital aims to expand its branch network to 200-300 by March 2027 in key markets.
Jensen Huang quits as Nvidia CEO, putting $4 trillion empire in transition
Jensen Huang has resigned as CEO of Nvidia, prompting concerns regarding the company’s future direction. Colette Kress has been appointed as interim CEO while the board searches for a permanent successor. Huang's departure follows controversy related to personal relationships and an investigation into potential foreign intelligence targeting. His hands-on management style has significantly influenced Nvidia's operations over the decades.
Colette Kress net worth: Nvidia's interim CEO is one of America's richest self-made women
In a significant corporate shift, Colette Kress has taken on the role of interim CEO following Jensen Huang's resignation while also maintaining her responsibilities as CFO. Kress has been pivotal in navigating Nvidia through the AI revolution, establishing herself among America's wealthiest self-made women. She has a strong finance background, joining Nvidia in 2013 after stints at Microsoft and Cisco.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The company will repurchase up to 6.59 crore shares through the tender offer route, with November 25 fixed as the record date. Promoters will not participate.
Page Industries shares crash over 13% after Q2 results, FEMA non-compliance disclosure
Page Industries shares fell sharply on Thursday after the company disclosed FEMA non-compliance involving online sales of imported Jockey and Speedo products. The stock's decline came despite an 11.5% rise in Q2 FY27 revenue and a 4% increase in profit. The company also declared an interim dividend of Rs 150 per share.
Nvidia leadership crisis puts global AI trade under pressure
Uncertainty over Nvidia CEO Jensen Huang’s future has sparked investor concerns about the company’s financial backing of the global AI boom. Reports of alleged personal controversies triggered a share sell-off, while competitors gained. Investors fear leadership changes could disrupt Nvidia’s investment strategy, AI infrastructure funding and broader technology market stability.
Beyond Business: The Leadership Philosophy of T. Kishan Singh
T. Kishan Singh highlights the influence of his father's dedication on his professional journey in the paper industry. He stresses the role of sustainable practices and customer relationships for long-term business success. Health and fitness are prioritized as essential elements for effective leadership and overall well-being. Singh shares that consistency and resilience are vital in navigating challenges, both personally and professionally.
Govt raises price cap for electronic devices to Rs 1.8 lakh for officers; personal retention rights after 4 yrs
The Centre has raised the purchase ceiling for laptops, tablets and similar devices for eligible government officers to ₹1.5 lakh plus taxes, or ₹1.8 lakh for devices with more than 40% Make-in-India content. Officers in Pay Level 12 and above will be eligible, while departments can extend coverage to some lower pay levels, and employees may retain the devices after four years of use.
Stock Radar: BSE stock up over 10% in a month, technical charts hint at a bottom?
BSE Ltd has recently broken out from an inverse head and shoulder pattern, indicating potential upward movement. The stock has previously experienced a correction but found support around Rs 3,000 levels. Experts predict a target above Rs 4,000 in the coming months if the stock sustains above crucial support levels. The daily MACD indicates bullish momentum, while the RSI shows it may still have room for growth.
Resolven mobilises USD 900 million financing this year
Resolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in debt financing and USD 200 million in non-fund lines. Earlier this year, the company became an independent renewable energy entity focusing on growth projects. It aims to expand renewable capacity significantly, targeting more than 1.5 GW annually by 2030.
Indian economy to grow faster, foreign capital returning to markets: NSE CEO Ashishkumar Chauhan
India's economy is projected to experience faster growth due to strong macroeconomic fundamentals and increased foreign interest. The Managing Director of the National Stock Exchange highlighted that the country is managing fiscal pressures effectively. Domestic financial savings have significantly increased, reaching nearly USD 1.4 trillion annually. Furthermore, foreign institutional investors are showing renewed enthusiasm for Indian markets ahead of the new Samvat year.
The great Indian biscuit battle begins: Can Reliance crack the code?
Reliance Consumer Products Ltd is set to foray into India's competitive biscuit market, with an aim to leverage affordable pricing and a wide variety of products to attract consumers. Industry leaders Britannia and Parle dominate the market, making it challenging for new entrants like Reliance's Independence.
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