Saturday, February 22, 2025

Companies News Today Live Updates on February 3, 2025: L’Oreal to sell $3.1 billion stake in Sanofi back to pharma group

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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.

03 Feb 2025, 07:32:05 PM IST

Company News Today Live: L’Oreal to sell $3.1 billion stake in Sanofi back to pharma group

  • The deal will diversify the French beauty giant’s funding sources at a time when the industry is undergoing a slowdown.

Read the full story here

03 Feb 2025, 06:41:19 PM IST

Company Business News Today Live: Nestlé evaluates Starbucks coffee launch for at-home consumption in India

  • Nestlé plans to launch Starbucks-branded coffee for home use in India as part of its 2018 partnership with Starbucks. This collaboration allows Nestlé to market Starbucks products globally, excluding sales in Starbucks coffee shops.

Read the full story here

03 Feb 2025, 06:02:20 PM IST

Company News Today Live: Allied Blenders spends ₹50 crore on new acquisitions; gets brand rights of Pumori pink gin maker, buys rum brand

  • Allied Blenders and Distillers acquired Fullarton Distilleries for 39.50 crore, gaining brands like Pumori gin and Woodburns Whisky. This move aims to enhance the company’s premium alcoholic beverage portfolio. The company also invested 9 crore for a 51% stake in Good Barrel Distillery.

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03 Feb 2025, 05:14:38 PM IST

Company Business News Today Live: SoftBank, OpenAI to offer AI services in Japan

  • The 50-50 joint venture will begin offering the services first in Japan and establish a model for global adoption, the companies said Monday.

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03 Feb 2025, 05:08:49 PM IST

Company Business News Today Live: Intel shows why Nvidia is still hard to beat

  • Nvidia’s shares took a beating on the DeepSeek news, but Intel’s struggles to break into the AI chip market continue to grow.

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03 Feb 2025, 04:41:07 PM IST

Company News Today Live: High court sets aside ₹1,891 cr arbitral award against NTPC in dispute with Jindal group arm

  • The court found the award to be “patently illegal and perverse”, stating that it lacked a proper basis for the quantification of damages

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03 Feb 2025, 02:58:45 PM IST

Company Business News Today Live: Another thing Musk hates about Germany: Absentee workers at his Tesla plant

  • Before endorsing the far right, he faced escalating disputes over conditions at the carmaker’s Berlin factory.

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03 Feb 2025, 02:52:37 PM IST

Company News Today Live: Cadbury 5 Star recruits ‘uncles’ to ‘Destroy Valentine’s Day’. Here’s how and why

  • After garnering much attention for their iconic Ramesh and Suresh ads through the years, Cadbury’s 5 Star brand has now decided to use “Uncles” to “Destroy Valentine’s Day”.

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03 Feb 2025, 02:44:23 PM IST

Top Company Leader Today Live: Anupam Mittal of Shaadi.com on Budget 2025: ‘You don’t build an economy by making people feel…’

  • Shaadi.com CEO Anupam Mittal praised the Union Budget 2025 for introducing zero tax on incomes up to 12 lakh. He believes this will enhance disposable income and economic growth.

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03 Feb 2025, 11:01:45 AM IST

Company Business News Today Live: Everyone’s rattled by the rise of DeepSeek—except Nvidia, which enabled it

  • Nvidia’s stock swooned and regulators are restricting its chip sales, but the American AI giant sees a long game in China.

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03 Feb 2025, 05:30:23 AM IST

Company Business News Today Live: Fatter pay checks coming for Tech Mahindra employees as co rolls out increments

  • These hikes come after at least 18 months for senior executives of the company, and amid government’s concerns over stagnating wages despite high corporate profits that have hurt consumption demand in the country.

Read the full story here

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