Over the past year, more than 15 Indian unicorns have appointed CFOs while over 12 CFOs have resigned.

These unicorns collectively possess more than $350 billion in valuation, the study by WalkWater added.

https://www.livemint.com/companies/start-ups/gender-gap-in-indian-unicorns-96-of-cfos-are-men-4-women-11687150804787.html

#Adani Enerprises' acquisition of Trainman, an IRCTC-authorised train ticket booking agent, is unlikely to challenge #IRCTC's monopoly in the online train ticket booking business.

https://livemint.com/market/stock-market-news/why-adani-enterprises-owned-online-train-ticket-booking-company-trainman-wont-be-a-challenge-to-irctc-explained-11687150851897.html

Despite sell off in key benchmark indices, Bank of Baroda shares continued to attract buying interest by stock market bulls.

Bank of Baroda share price today opened upside and went on to hit intraday high of ₹194.80 apiece on NSE, logging around 3.50% intraday gain during Monday morning deals.

Read here: https://www.livemint.com/market/stock-market-news/bank-of-baroda-bob-becomes-second-psb-after-sbi-state-bank-of-india-to-hit-rs-1-lakh-crore-market-cap-11687158505785.html

Despite the pullback by tech giants and other white-collar #layoffs, many small and large employers have been hiring at a rapid clip this spring, keeping the U.S. unemployment rate near historic lows.

https://www.livemint.com/specials/want-a-job-that-pays-200-000-see-how-much-the-biggest-companies-pay-11687170845100.html

After meeting US State Secretary #AntonyBlinken, Chinese President #XiJinping expressed his hope that the US diplomat's visit will help the two nations to stabilise their ties between the world's two largest economies.

https://www.livemint.com/news/world/us-state-secretary-antony-blinken-meets-chinese-president-xi-in-bid-to-stabilise-us-china-ties-11687166080039.html

More #crypto firms and other companies are moving through chapter 11 without disclosing the identities of their creditors, a shift from past practice as some courts give priority to data privacy over public transparency.

https://www.livemint.com/technology/courts-put-privacy-over-transparency-in-ftx-other-crypto-bankruptcies-11687172986565.html

Prime Minister Narendra Modi is set to visit the United States of America on 20 June Tuesday at the invitation of US President Joe Biden and First Lady Jill Biden. PM Modi will be in the States till 24 June. #ModiInUSA #ModiUSVisit2023

Here’s what’s on the agenda: https://www.livemint.com/news/india/pm-narendra-modis-us-visit-dates-itinerary-scheduled-events-and-agendary-international-yoga-day-joe-biden-new-york-11687141321212.html

#BREAKING | #IndiGo airline announced that it has made a record order of record order for 500 #AirbusA320.

The massive expansion by the India's largest airline comes as the aviation industry is witnessing more competition after the entry of TATA Group.

Read here: https://www.livemint.com/news/india/indigo-makes-record-order-for-500-airbus-a320-11687182794901.html

According to the study, in Indian unicorns, 96% of CFOs are men and only 4% of women account for this job role.

In the US, 83% CFOs of unicorns are men while only 17% are women.

Read here: https://www.livemint.com/companies/start-ups/gender-gap-in-indian-unicorns-96-of-cfos-are-men-4-women-11687150804787.html

The settlement talks assume significance as they also include the dispute over a steep 25% tariff on Indian steel and 10% tariff on aluminium exports imposed by Trump in 2018, sparking trade tensions between the two countries.

https://www.livemint.com/economy/india-us-close-to-settling-seven-trade-issues-out-of-court-11687199026776.html

Consumers are exercising caution before purchasing clothing and accessories, as higher prices of daily goods are constraining their discretionary spending, said industry insiders.

https://www.livemint.com/companies/news/inflation-hits-spending-power-fashion-outlets-11687195104688.html

The resumption of overseas releases in non-diasporic markets is boosting the reach of Indian cinema.

Read here: https://www.livemint.com/industry/media/indian-mega-hit-movies-make-inroads-into-overseas-markets-11687194489544.html

#AlibabaGroup Holding Ltd. announces new Chairman and CEO, with Executive Vice Chairman Joseph Tsai as chairman and Eddie Wu as CEO, replacing Daniel Zhang.

Read here: https://livemint.com/companies/news/alibaba-group-announces-new-chairman-and-ceo-in-a-surprise-succession-plan-details-here-11687236495946.html

#Opinion | "Many women prefer working from home, not because it is easy, but they need flexibility to manage home and office work," Vidya Mahambare writes.

Read here: https://www.livemint.com/opinion/columns/companies-must-strive-to-retain-productive-women-employees-11687196932069.html

"This donation is more than just a financial contribution; it is a tribute to the place that has given me so much and a commitment to the students who will shape our world tomorrow," #Infosys co-founder #NandanNilekani said.

Read here: https://www.livemint.com/news/india/nandan-nilekani-donates-inr-315-crores-to-iit-bombay-11687242542103.html

#Google is in talks with Indian companies, including #LavaInternational, #DixonTechnologies and #Foxconn's #BharatFIH, as it explores using #India as a smartphone assembly hub.



Read here: https://www.livemint.com/news/india/google-seeks-suppliers-to-move-pixel-production-to-india-11687249544835.html

The legislative assembly of Punjab passed the #Sikh Gurdwaras (Amendment) Bill, 2023 making the broadcast and telecast of '#Gurbani' from Sri Harmandir Sahib (Golden Temple) free for all.

'Gurbani' refers to compositions of Sikh Gurus and other writers of Guru Granth Sahib, usually enshrined as hymns within the holy scripture. #SikhGurdwaraAct

Read here: https://www.livemint.com/news/india/golden-temple-gurbani-bill-for-free-telecast-passed-in-punjab-assembly-11687249961221.html

#Turkey raised the minimum wage for a second time this year, aiming to shield low-income earners from persistently high inflation.

The monthly net minimum wage will rise by 34% to 11,402 liras ($483) this month, Labor Minister Vedat Isikhan said in televised comments from the parliament in Ankara.

Read here: https://www.livemint.com/news/turkey-raises-minimum-wage-by-34-to-11-402-lira-in-second-hike-in-a-year-11687254173993.html

Union government appointed Swaminathan Janakiraman as a deputy governor of the Reserve Bank of India for three years from the date of joining.

Janakiraman, currently the managing director of State Bank of India, will succeed Mahesh Kumar Jain, whose tenure ends on June 22.

Read here: https://www.livemint.com/companies/people/govt-appoints-sbi-md-swaminathan-janakiraman-as-deputy-governor-of-the-reserve-bank-of-india-11687256737211.html

#Byju's continues to #layoff employees as part of their cost cutting.

On Monday the edtech company was reported to have laid off around 1,000 employees in the past few days.

https://livemint.com/companies/news/byjus-laid-off-employee-shares-ordeal-on-linkedin-says-was-available-24-7-but-was-asked-to-resign-immediately-11687253256543.html

In a report by PwC, Indian companies are showing an upward trend toward adopting analytics and #AI with a current implementation rate of 54%.

https://www.livemint.com/technology/tech-news/manufacturing-sector-embraces-ai-54-of-firms-implement-artificial-intelligence-pwc-report-11687252449668.html