Friday, November 22, 2024

Companies News Today Live Updates on November 2, 2024: TGI Friday’s files for bankruptcy on November 2 amid consumer cost concerns and competition

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Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations. Whether you’re an investor, a business professional, or simply interested in the dynamics of various industries, our reports offer a deep dive into the developments that shape the economic landscape. From startups to established giants, we bring you the news that matters to help you make informed decisions in a rapidly changing business environment.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

02 Nov 2024, 01:56:30 PM IST

Company News Today Live: TGI Friday’s files for bankruptcy on November 2 amid consumer cost concerns and competition

  • TGI Friday’s Inc. filed for Chapter 11 bankruptcy on November 2, citing struggles with cost-conscious consumers and competition. It joins other casual dining outlets facing financial challenges amid rising costs and changing consumer habits.

Read the full story here

02 Nov 2024, 11:23:08 AM IST

Top Company Leader Today Live: Why Elon Musk’s robotaxi dreams are premature

  • Tesla is pushing to build true self-driving vehicles by 2026. The way its CEO wants to do it seems risky.

Read the full story here

02 Nov 2024, 10:57:58 AM IST

Company Results Today Live: Tata Investment Corporation Q2 Results Live: Profit Falls by 0.6% YOY

  • Tata Investment Corporation Q2 Results Live: Revenue increased by 8.8% YoY & profit decreased by 0.6% YoY.

Read the full story here

02 Nov 2024, 10:51:13 AM IST

Company News Today Live: US judge allows dismissed Twitter execs, including ex-CEO Parag Agrawal, to sue Elon Musk for severance

  • Elon Musk faced a legal setback as a judge allowed former Twitter executives, including ex-CEO Parag Agrawal, to pursue claims for severance pay. The case could likely influence other pending lawsuits against Musk.

Read the full story here

02 Nov 2024, 08:05:55 AM IST

Top Company Leader Today Live: Microsoft CEO Satya Nadella’s compensation package soars to ₹665 crore, but here’s WHY he asked for cut in cash salary…

  • Taking home a hefty ₹665 crore compensation package this year, Microsoft Chairman and CEO Satya Nadella saw his earnings soar 63 per cent from last year. However, filings show that he asked for the cash component to be reduced. We take a look.

Read the full story here

02 Nov 2024, 06:00:08 AM IST

Top Company Leader Today Live: Rakesh Gangwal: the airline industry disciplinarian behind IndiGo’s runaway success

  • A quick profile of Rakesh Gangwal, co-founder of IndiGo who played a crucial role in transforming India’s airline industry with a no-frills approach and cost efficiency.

Read the full story here

02 Nov 2024, 05:30:07 AM IST

Company Business News Today Live: HDB Financial Services IPO: Two concerns that could hurt the HDFC Bank subsidiary’s valuation

  • HDB Financial Services is gearing up for a significant IPO, but looming RBI regulations and increasing bad loans cast a shadow over its valuation.

Read the full story here

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