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NVIDIA-CEO-REPLACEMENTS:Who would be next CEO at Nvidia? Top engineer and CFO favored as candidates

India has banned lithium-ion battery black mass exports to retain critical minerals such as lithium, cobalt and nickel for domestic recycling. The move aims to strengthen local processing capacity, reduce import dependence on China, and support battery manufacturing.

The agency has accused the companies and their officials of criminal conspiracy and cheating, alleging that land acquired for a public purpose was released to private colonisers in an allegedly malafide manner to extend undue benefits.

The company's official statement doesn't mention the reason for Jensen's resignation. However, under Nvidia's bylaws, Huang can be removed 'with or without cause' by a majority vote of the directors, Reuters reported earlier.

This Diwali, Indians turned to the quick commerce platform for last-minute festive preparations. Their purchases included gold, silver and sweets while also ordering party supplies and gifting items.

In naming Colette Kress as interim CEO, Nvidia is making a classic move for a company in crisis.

The Nvidia Corp. board of directors who met to decide Chief Executive Officer Jensen Huangs fate ahead of his ouster on Thursday have a range of backgrounds, from running Taco Bells international operations to academic research involving a jellyfish.

NVIDIA appointed longtime board member Harvey C Jones as its first board chair, while announcing that CEO Jensen Huang would step down and CFO Colette Kress would serve as interim CEO. The company said it would seek a permanent CEO from internal and external candidates.

ReNew commits 80,000 crore for a green data centre and solar component plants, while CleanMax plans 50,000 crore in clean energy to power an AI compute hub.

 Vodafone Ideas net loss widened to 5,975 crore in Q2 from 5,562 crore a year ago, missing Bloomberg's estimate of 5,263 crore, even as it arranged over 4,000 crore in incremental bank funding during the quarter.

Kress will continue to serve as Nvidia's executive vice president and CFO alongside her interim CEO responsibilities until a permanent replacement is appointed.

Nvidia CFO Colette Kress will take over as interim CEO. Harvey Jones, who previously led Synopsys, has been named chairman.

Nvidia co-founder Jensen Huang has stepped down as CEO, president and board member amid reports of alleged extramarital affairs, including one with a businesswoman suspected by US authorities of ties to Chinese intelligence. Details here.

AI investment is driving growth but also increasing borrowing and long-term bond yields. With spending expected to reach unprecedented levels, investors question whether future revenues will justify the costs. Details here.

Ola Electric's revenue falls 39% year-on-year to 421 crore in the September quarter, while adjusted Ebitda margins worsened to -58.5%, despite a narrowing of losses to 362 crore.

Nvidia board is also reportedly considering the possibility of appointing an interim chief executive while searching for a permanent replacement.

Nvidia's bylaws allow its board to remove CEO Jensen Huang at any time, with or without cause, through a majority vote of directors. However, removing him as CEO would not automatically cost him his board seat, which requires a separate shareholder vote under different rules.

The buyback comes as Zee seeks to restore investor confidence amid concerns over advertising growth, profitability and rising content investments.

Adani Groups Kutch Copper and Chiles Codelco have agreed to assess Kaburkaala copper project in northern Chile. The pact could link Chilean deposits with Mundra smelter, supporting long-term copper supplies for India, prioritising sustainable exploration, safety and environmental compliance.

Investment platform Bodhi Tree Systems has bought a majority stake in Chennai-based Adyar Ananda Bhavan for $180 million. A2B operates 160 outlets in India and more than 30 overseas.

Pollution-linked health insurance claims among Policybazaar customers quadrupled in three years, with cardiovascular and respiratory conditions making up 78% of claims. Details here.

Hon Hai, also know as Foxconn, expects double-digit revenue growth in 2027, citing strong demand for AI servers and networking equipment. Chairman Young Liu called AI the companys biggest growth engine. 

The German-Indian joint venture expects 300 crore revenue from its new Bhopal plant and plans to double capacity by 2029 as it looks to replace imports, particularly from China.

The steelmaker is monetizing surplus mining capacity while testing imported ore blends ahead of 2030 mine expirations and targeting up to 10,000 crore in annual India cost savings.

Norwest Venture Partners plans to invest $250300 million annually in India, targeting manufacturing, healthcare, pharma, financial services, consumer businesses, AI and deeptech 

Banks in Shillong will close on November 13 for Wangala, the Garo communitys post-harvest festival. Details here.

ITC has raised the price of a 10-cigarette pack of Gold Flake Premium by 10 to 135, its second increase in 2026. The hike comes as higher taxes, falling legal-market volumes and illicit competition pressure the companys cigarette business.

AMFIs October 2026 data points to changing investor allocations across equity mutual fund categories, with inflows rising in some segments and declining in others. Experts highlight key trends shaping investor preferences and considerations for those planning fresh SIPs for 2027.

Kang Wei, a former Chinese fund manager and Alice Huangs husband, had business ties to Jensen Huang before Alices relationship with the Nvidia CEO. 

Arbitrage funds attracted 3,929 crore in net inflows in October 2026, reversing Septembers outflows. We look at the top five funds by 1-year, 3-year and 5-year returns and identify which fund features across all three performance lists.

The choice of credit should primarily depend on three factors: the purpose of borrowing, the amount required and the borrower's ability to repay within a defined period, said Bhavesh Jain, MD and CEO of TransUnion CIBIL.

Adani Group plans to fund half of its 26,000-crore acquisition of Dutch liquid storage operator Evos through equity, with the rest coming from loans. The deal will expand Adani Ports' presence in European markets and strengthen its global logistics business.

Amid severe power shortages and record-high electricity demand in India, discoms are increasingly turning to short-term bilateral power trading rather than relying solely on power exchanges.

The Centre raised dearness allowance and relief by 3 percentage points, from 60% to 63%, effective July 1, benefiting over 1 crore employees and pensioners. Several states also announced increases and arrears, with payment arrangements varying by state.

The RBI is concerned that financial stress at a global private equity firm could have a contagion effect across several NBFCs in which it has significant investments.

Bihar's first municipal bond, issued by Patna Municipal Corporation, is now listed on NSE and offers 9.20% annual interest, payable quarterly. Here's what investors should know about its returns, risks, maturity and how to buy these bonds.

Top performers at firms like EY, Deloitte and PwC pocket up to 28% raises as advisory majors battle attrition and gear up for over 600 mandatory client rotations next year.

BEML plans to develop indigenous tunnel-boring machines, starting with smaller equipment for metro, hydropower and utility projects. The move aims to reduce India's dependence on foreign suppliers, including China, as infrastructure spending drives demand.

Landmark Group plans to invest about 1,600 crore in a 3-million-sq-ft office complex in Gurugram and a mixed-use development on Dwarka Expressway, responding to rising demand for premium workspace in the NCR.

Looking to earn higher returns on fixed deposits? Small finance, private and public sector banks offer varying interest rates across tenures. Check the top five banks in each category offering the highest FD rates to regular depositors, with returns of up to 8.25% as of 11 November 2026.

Oline dispute resolution platform for small businesses has disposed of just 4,030 of 39,033 complaints since launching in June 2025. Experts cite limited awareness, capacity constraints and procedural delays

VinFasts Green SM has received approval to launch its electric cab service in Bengaluru, following debuts in Delhi-NCR and Hyderabad. Local taxi unions oppose the move, citing concerns about low fares, driver earnings, and vehicle compliance.

India has banned exports of lithium-ion battery black mass to secure raw material for domestic recyclers. What prompted the move, how will it strengthen critical mineral recovery, and what challenges lie ahead?

Singapore Airlines has backed Air India CEO Tewolde Gebremariams push to cut costs, expand international sales and improve efficiency, but the airlines mounting losses and the prospect of further funding continue to test investor confidence.

Nvidia's board is weighing Jensen Huang's future amid mounting controversy. With no designated successor, internal executives Ian Buck, Colette Kress and Madison Huang, along with external tech leaders, could feature in succession discussions.

Wing Commander Namrita Chandi, who retired from the IAF in 2011 after being denied Permanent Commission, has won a 15-year legal battle. The AFT has ruled that she be treated as having completed 20 years of pensionable service, making her eligible for pension and other retirement benefits.

Salman Khans Maatrubhumi, delayed amid improving India-China ties, will release in an altered form. Experts say late rewrites can risk narrative coherence, but a film can still succeed if its emotional core and entertainment value remain intact.

Nvidia filings show Jensen Huangs children, Madison and Spencer, received a combined compensation of $2.55 million in FY26. Madison leads marketing for physical AI platforms, while Spencer directs robotics product strategy. Both followed unconventional career paths before joining Nvidia.

Gold, silver prices today, 12 November: Check retail price of 18K, 22K and 24K gold and 999 Fine silver in your cities Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Hyderabad, Kolkata, and Mumbai. 

Nvidia CEO Jensen Huang reported $36.3 million in compensation for 2026, down 27% from the previous year. His package included salary, performance-based stock awards and a cash bonus. The filing also detailed a new revenue-linked bonus plan and Huangs 3.58% stake in Nvidia.