Sunday, December 22, 2024

Companies News Today Live Updates on December 9, 2024: Flipkart IPO likely in 12-15 months, plans to shift domicile to India ahead of listing, says report

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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.

09 Dec 2024, 11:42:27 AM IST

Company News Today Live: Flipkart IPO likely in 12-15 months, plans to shift domicile to India ahead of listing, says report

  • Flipkart, India’s largest e-commerce firm, valued at $36 billion, is set for an IPO within 12-15 months. The Walmart-owned company has moved its domicile from Singapore to India and aims for a public share sale by the end of 2025.

Read the full story here

09 Dec 2024, 11:35:15 AM IST

Company News Today Live: Gentari to supply green power to AM Green Ammonia

  • The collaboration represents a significant step toward achieving net-zero goals in India and OECD markets while positioning India as a global leader in green hydrogen and ammonia production.

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09 Dec 2024, 10:29:42 AM IST

Company Business News Today Live: Apple tops the list of best-managed companies of 2024

  • Tech companies hold six of the top 10 spots, while Mastercard jumped to fifth place from 24th last year.

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09 Dec 2024, 08:02:44 AM IST

Company News Today Live: If you can’t combat threats in real-time, you’ve already lost: Palo Alto Networks CIO Meerah Rajavel

  • AI has reshaped security for companies with a sharp rise in the sophistication and number of attacks, and the speed at which they are executed, Rajavel said.

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09 Dec 2024, 06:00:17 AM IST

Company News Today Live: IndiaRF to invest up to ₹1,000 cr in Anthea Aromatics

  • IndiaRF, which manages close to $850 million in assets from its maiden Fund 1, has 12 investments across nine sectors. Its investments largely focus on key India-centric themes such as domestic consumption, export-driven strategies, and core manufacturing.

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09 Dec 2024, 05:30:37 AM IST

Company Business News Today Live: Black Friday to Valentine’s Day: Flash sales become vital for online companies to retain visibility

  • Flash sales have become a year-round strategy for retailers, particularly D2C companies, to boost revenue and visibility. Events like Black Friday have gained popularity, with significant sales spikes, but frequent discounts risk diluting brand value.

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09 Dec 2024, 05:30:17 AM IST

Company Business News Today Live: Go First’s airport slots may be up for grabs for rivals soon

  • The Centre plans to set up a committee to redistribute these slots to help other carriers manage operations on congested routes and airports

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09 Dec 2024, 05:30:15 AM IST

Company Business News Today Live: GenAI may pile pricing pressure on customer support and maintenance work of IT services companies

  • The industry will see pricing pressure beginning next year as contracts heavy on coding and phone support come up for renewal, multiple analysts and industry executives said.
  • The first to take the hit will be the businesses of making and maintaining software apps, and providing customer support.

Read the full story here

09 Dec 2024, 05:00:13 AM IST

Company Business News Today Live: NTPC in talks with Maersk to sell green methanol for fuelling its ships

  • In response to stricter marine fuel standards, NTPC Green Energy is exploring a partnership with Maersk to supply green methanol. The subsidiary plans to establish a hub in Andhra Pradesh to produce multiple green fuels and aims for substantial exports to meet growing demand.

Read the full story here

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