Companies News Today highlights: 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.
24 Sep 2024, 09:42:49 PM IST
Company Business News Today Live: Swiggy’s confidential IPO filing gets Sebi nod, share sale likely in November
- Swiggy’s IPO is expected to include both offer-for-sale (OFS) and fresh issue of shares, with the company aiming for a valuation of around $15 billion. However, the final valuation will become clearer once the roadshow begins.
24 Sep 2024, 08:21:22 PM IST
Company News Today Live: Dassault Aviation to set up maintenance, repair facility in Noida to support Rafale, Mirage-2000 jets: Report
- Expected to begin operations in six months, the new firm Dassault Aviation Maintenance, Repair and Overhaul India (DAMROI) will expand its activities.
24 Sep 2024, 08:13:34 PM IST
Company Business News Today Live: Carrefour to open 50 food stores in Delhi-NCR in 5 years as it returns to India
- Carrefour will open stores selling fresh produce as well packaged foods such as staples and vegetables, besides cold cuts.
24 Sep 2024, 08:13:22 PM IST
Company News Today Live: Beijing threatens to block Calvin Klein owner’s access to China
- The possible inclusion of PVH on an “unreliable entities list” comes as the U.S. challenges Chinese firms.
24 Sep 2024, 08:05:27 PM IST
Company News Today Live: JSW Group not withdrawing ₹40,000 crore EV manufacturing project from Odisha
- The firm signed an MoU with the Odisha government in February and was considering Aurangabad and Nagpur as the new sites of its project.
24 Sep 2024, 07:57:36 PM IST
Company News Today Live: Supreme Court dismisses Amit Goenka’s plea against Bombay High Court order in Shirpur Gold case
- The case relates to the alleged siphoning of funds from Shirpur Gold Refinery to companies under the control of Subhash Chandra, chairman emeritus of Essel Group, or Zee Group.
- Amit Goenka, currently a senior executive with Zee Entertainment, was non-executive chairman of Shirpur Gold in 2021-22.
24 Sep 2024, 06:47:21 PM IST
Company Business News Today Live: When will LTIMindtree start delivering on its merger promise?
- LTIMindtree dreams of breaking into the Indian IT services big league. But consider this: TCS, today, is almost seven times larger; Tech Mahindra, ranked fifth in the pecking order, is 1.5 times its size. LTIMindtree needs to raise its game. Is there a plan?
24 Sep 2024, 06:41:00 PM IST
Company Business News Today Live: NHPC to raise ₹2,300 crore to fund its expansion
- The state-run hydropower company is looking to raise the capital against its Dulhasti Power Station in Jammu and Kashmir, in line with the Union government’s national monetization pipeline.
24 Sep 2024, 06:35:58 PM IST
Start-ups Today Live: Accel eyes partial exits from multiple early investments
- The development further underscores that exit opportunities are becoming more ubiquitous for venture capital firms, even if they have been delayed.
24 Sep 2024, 06:14:44 PM IST
Company News Today Live: Shankh Air gets Civil Aviation Ministry nod to take off: All you need to know about India’s new airline
- Shankh Air will need clearance from the Directorate General of Civil Aviation before starting flights.
24 Sep 2024, 06:00:30 PM IST
Company Business News Today Live: How Meta’s smart Ray-Ban glasses spawned a Silicon Valley hit
- Video-taking capabilities, not AI, have proven to be a key attraction to buyers as the market expects Meta to unveil latest tech-enabled glasses Wednesday.
24 Sep 2024, 05:58:46 PM IST
Company News Today Live: Fire breaks out at Tata Power control plant , no casualties reported; Probe underway
- Fire breaks out at Tata Power control plant , no casualties reported; Probe underway
24 Sep 2024, 05:49:18 PM IST
Company Business News Today Live: TikTok to shut down music streaming service
- TikTok will close its music streaming service in November, ending its year-long attempt to compete against the likes of Spotify and Apple.
24 Sep 2024, 04:30:17 PM IST
Company Business News Today Live: Puma wants to improve its brand. AI might help.
- The company, which attributes less than a quarter of its revenue to direct to consumers, hopes AI will help it build better, more personalized relationships with customers.
24 Sep 2024, 02:40:19 PM IST
Company News Today Live: Telegram founder ignored warnings about app’s content
- Pavel Durov’s legal battle with French prosecutors took the Telegram founder by surprise. But some of its avid users have long warned him of the need for transparent rules and for tools to communicate with the app’s representatives.
24 Sep 2024, 01:48:06 PM IST
Company News Today Live: Samsung issues ‘no work, no pay’ warnings to protesting Indian employees. Layoffs on the cards?
- The labour dispute at Samsung Electronics’ manufacturing facility in Sriperumbudur, Chennai, has taken a confrontational turn, with the company issuing warnings to striking employees, invoking a ‘no work, no pay’ policy and threatening potential lay-offs.
24 Sep 2024, 01:37:36 PM IST
Company News Today Live: India teams power our global AI ambitions, says IBM Research AI head
- India research teams are at the heart of much of the global code work. They are also leading the development of watsonx Orchestrate and watsonx.data, says Sriram Raghavan, vice-president for AI at IBM Research.
24 Sep 2024, 01:15:49 PM IST
Start-ups Today Live: Boutique investment banks set up funds to bet on startups and diversify their revenue streams
- With investment banks targeting different stages of funding startups, bankers have noted that real value unlocking happens only after they disengage, further underscoring their rationale of setting up a fund.
24 Sep 2024, 12:47:34 PM IST
Company News Today Live: Jairam Ramesh raises alarm on SBI move to become stakeholder in Supreme Infrastruture, ‘RBI must step in and examine…’
- Congress has expressed concern over the State Bank of India’s decision to convert its debt in Supreme Infrastructure India into equity, urging the RBI to investigate the move, which they believe sets a dangerous precedent in corporate debt management.
24 Sep 2024, 11:40:43 AM IST
Company News Today Live: ‘It comes with a great responsibility. But it doesn’t feel like a weight’: Melinda French Gates on wealth
- Melinda French Gates, the billionaire philanthropist, has opened up about the complexities of extreme wealth.
24 Sep 2024, 10:40:58 AM IST
Company News Today Live: OpenAI account compromised, hacker circulates fraudulent and fake crypto token posts on X
- OpenAI’s account on X was hacked, leading to unauthorized posts about a fake crypto token. The company said it is investigating the incident, which follows previous account takeovers involving its employees and fraudulent posts related to crypto.
24 Sep 2024, 10:02:51 AM IST
Company News Today Live: Stonepeak fourth shortlisted bidder to buy O2 Power in $1 billion deal
- I Squared Capital, JSW Group’s JSW Neo Energy, and Macquarie Group are other shortlisted bidders to buy O2 Power.
24 Sep 2024, 06:30:21 AM IST
Company News Today Live: Top builders expand workforce as housing boom propels growth targets
- India’s top three developers—DLF, Prestige and Lodha—have almost doubled their employee count as they clocked unprecedented sales, laid out extensive launch plans, set project delivery targets and entered new markets.
24 Sep 2024, 06:06:44 AM IST
Start-ups Today Live: M2P builds war chest for acquisitions with ₹850 cr funding from Helios, others
- The fundraise, a mix of a primary and secondary share sale, now values the company at over ₹6,550 crore.