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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.
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.
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.
Pollution-linked health insurance claims among Policybazaar customers quadrupled in three years, with cardiovascular and respiratory conditions making up 78% of claims. Details here.
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.
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.
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
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.
A missed renewal can cost you more than a late fee, from losing waiting-period benefits to resetting your no-claim bonus. Here are six ways to keep your cover intact.
Nvidia is seeking greater control over memory for its AI chips, reportedly asking Samsung, SK hynix and Micron to use TSMCs 3-nanometre process for custom HBM base dies. TSMC is also considering 3D DRAM production.
Nvidia's leadership faces scrutiny as controversies surrounding Jensen Huang raise succession concerns. With no publicly identified successor, questions are emerging over whether the AI chip giant can sustain its growth and technological dominance without its founder.
Nvidia shares have come under pressure amid controversy surrounding CEO Jensen Huang. Several mutual funds hold the US chip giant's stock. Here's a look at which schemes are exposed and how the stock's decline could affect their portfolios.
SpaceX has contracted Germanys Singulus Technologies to supply equipment for a Texas production line making high-performance heterojunction solar cells for Starmind satellites. The first line is expected in first half of 2027, with production planned to scale as SpaceX expands manufacturing.
Venture capital investors are increasing bets on Indian consumer AI startups, with companies across personal finance, wellness, education and recruitment attracting fresh capital.
For most households, clean air is now a planned expense. Experts advise buying air purifiers for the rooms size, skipping the premium for looks and long warranties, and setting aside a medical fund and separate health cover.
Billionaire Elon Musk has indicated that he is ready to hire Jensen Huang even after the WSJ and NYT reported that the Nvidia board is considering ousting the chief executive. Check the latest updates
Bank holiday today: SBI, HDFC Bank, ICICI Bank, Canara Bank and Punjab National Bank branches will be closed on 16 days this month, including regional holidays and weekend offs, as per the RBI calendar.
Nvidia share price has tumbled since Founder CEO Jensen Huang's extramarital affairs have surfaced, eroding the value of employees' stock awards.
The Nvidia board is working with an outside firm to identify potential replacements for CEO Jensen Huang following reports of multiple extramarital affairs.
Focused funds are mandated to invest in a maximum of 30 stocks. However, some active equity mutual funds follow a similar concentrated approach without being classified as focused funds. Here are 10 such schemes, their stock holdings and what investors should know.
The RBI has consolidated domestic money transfer rules, retaining existing limits of 5,000 per transaction through BCs/ATMs and 10,000 for cash payouts. Here's how much you can send or receive, what KYC rules apply, and whether banks can charge you.
Nvidia CEO Jensen Huang faces new allegations of an affair with healthcare vice president Kimberly Powell, according to The New York Times. The report says they were filmed together at a conference hotel and that Huangs security team offered the person who recorded it a nondisclosure agreement.
The Bihar government increased DA and DR for employees and pensioners, effective 1 July 2026, and approved career progression for urban local body staff. Here's all we know about the state Cabinet decisions.
Reports allege Nvidia CEO Jensen Huang had affairs with senior executives, prompting the board to consider his future and reportedly explore interim and permanent successors. The claims have also led to an investor lawsuit and possible congressional scrutiny.
According to the AMFI, the SIP stoppage ratio climbed to 116% in October, as 5.9 million SIPs were either discontinued or completed their tenure, and net inflows into equity schemes dropped 14% month-on-month to 32,924 crore.

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