Monday, December 23, 2024

Companies News Today Live Updates on October 23, 2024: Meta bans accounts that track celebrity jet travel, including for Zuckerberg

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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.

23 Oct 2024, 05:39:17 PM IST

Company News Today Live: Meta bans accounts that track celebrity jet travel, including for Zuckerberg

  • The suspensions mirror decision Elon Musk made in 2022 to ban similar accounts on Twitter after he acquired the platform.

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23 Oct 2024, 05:36:18 PM IST

Company News Today Live: Netflix backs out of plan to develop blockbuster videogame

  • The streaming company shut down its unit working on a “Triple-A” game and plans to focus on producing casual titles.

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23 Oct 2024, 05:32:33 PM IST

Company Business News Today Live: Nvidia chief makes case for AI-first companies

  • Jensen Huang says the chip giant is taking its own advice by applying AI to areas like chip design and supply chain, and creating an ‘AI brain.’

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23 Oct 2024, 05:28:11 PM IST

Company Business News Today Live: What happens to Trump’s business If he wins? Eric Trump has thoughts

  • The former president’s second-eldest son is pursuing growth into crypto and global resorts that could bring family into new era but raise conflict-of-interest concerns.

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23 Oct 2024, 05:20:49 PM IST

Company Results Today Live: Boeing posts $6 billion loss on troubled programs

  • CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.

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23 Oct 2024, 05:09:23 PM IST

Company Results Today Live: Godrej Properties Q2 profit jumps 5-fold to ₹335.21 crore on higher revenue

  • Real estate company Godrej Properties announced a five-fold increase in its consolidated net profit, reaching ₹335.21 crore for the quarter ending in September, driven by higher revenue.

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23 Oct 2024, 05:01:21 PM IST

Company Results Today Live: HUL Q2 Results: Net profit drops 2% to ₹2,612 crore, dividend declared; Ice cream biz to be separated

  • HUL Q2 Results: Net profit drops 2% to ₹2,612 crore, dividend declared

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23 Oct 2024, 04:51:07 PM IST

Company Results Today Live: TVS Motors Q2 results: Net profit rises 41% to ₹588 crore, revenue at ₹11,302 crore

  • TVS Motors Q2 results: Net profit rises 41% to ₹588 crore, revenue at ₹11,302 crore

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23 Oct 2024, 04:15:58 PM IST

Company News Today Live: This little known private-equity firm booked a 79-fold return

  • Energy investor Lime Rock generated an outsize gain from riding the West Texas oil boom over 17 years.

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23 Oct 2024, 03:38:06 PM IST

Company News Today Live: Netflix company culture rejig | Co-CEO Ted Sarandos backs move; is it a step in the right direction?

  • Netflix’s iconic culture deck has undergone a significant overhaul, shifting its focus from ‘freedom and responsibility’ to ‘People Over Process’.

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23 Oct 2024, 02:56:57 PM IST

Company Results Today Live: SBI Life Q2 results: Net profit rises 39% YoY to ₹529 crore, NPA marginally up

  • SBI Life Q2 results: Net profit rises 39% YoY to ₹529 crore, NPA marginally up

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23 Oct 2024, 02:43:40 PM IST

Company News Today Live: Montecarlo explores sale of nine road assets in $360 million deal

  • Ahmedabad’s Montecarlo plans to divest nine road assets amid project delays and an inventory buildup in the sector. The assets utilise a hybrid annuity model that offers risk mitigation and has attracted interest from investors seeking stable cash flows.

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23 Oct 2024, 01:41:39 PM IST

Top Company Leader Today Live: Even Apple CEO Tim Cook didn’t know this iPhone feature, do you?

  • During an interview, Apple CEO Tim Cook appeared surprised when asked about the iPhone feature. Despite his daily use of Apple products, he admitted not being aware of it.

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23 Oct 2024, 01:06:52 PM IST

Start-ups Today Live: Cross-border shipping, checkout, quick delivery: Shiprocket supercharges emerging biz

  • Shiprocket is focusing on cross-border shipping, quick deliveries and checkout to fuel its next level of growth. MD and CEO Goel said the firm cut its cash burn by half to ₹100 crore in FY24

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23 Oct 2024, 12:47:32 PM IST

Company News Today Live: SC restores insolvency case against Byju’s, raps NCLAT for procedural overreach

  • The Supreme Court restored insolvency proceedings against Byju’s, overturning the NCLAT’s decision to halt the case. The court criticized NCLAT for procedural overreach, underscoring the need to follow IBC protocols, as Byju’s financial troubles deepen amid creditor disputes and regulatory scrutiny.

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23 Oct 2024, 11:41:41 AM IST

Company News Today Live: Zomato hikes platform fee to ₹10 amid festive season rush

  • Zomato first introduced a ₹2 platform fee in August 2023 to improve its margins. The company gradually raised it over time, including a temporary hike to ₹9 on December 31.

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23 Oct 2024, 10:12:03 AM IST

Company News Today Live: Android 15: What’s new, from theft protection features to sensitive apps, multi-tasking & more — All you need to know

  • Android 15: From new theft protection features and private space for sensitive apps to multitasking capabilities and more — All you need to know about the latest Android 15 update this month.

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23 Oct 2024, 08:59:13 AM IST

Company Results Today Live: Q2 results today: HUL, Godrej Properties, AU Small Finance, TVS Motor among 73 companies to post earnings on October 23

  • Q2 results today: On October 23, 2024, 73 companies, including major names Bajaj Finserv, Hindustan Unilever, Godrej Properties, and AU Small Finance Bank, will release their Q2 FY2025 earnings reports.

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23 Oct 2024, 08:12:32 AM IST

Company News Today Live: Abercrombie & Fitch ex-CEO Mike Jeffries and partner’s sex trafficking racket victims injected with liquid Viagra?

  • Prosecutor confirms BBC report tipped off authorities, leading to sex-trafficking charges against ex-Abercrombie CEO Mike Jeffries and partner Matthew Smith.

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23 Oct 2024, 05:30:10 AM IST

Company News Today Live: Spirits up: Premium alcohol sales to grow up to 25% year-on-year in Q3

  • The alcoholic beverages industry anticipates 10-25% growth in Q3 2023, driven by festival demand and rising consumer spending. Companies like Diageo India and Radico Khaitan are preparing for strong sales, particularly in premium segments, as the wedding season approaches.

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23 Oct 2024, 05:30:09 AM IST

Company Business News Today Live: Jewellery firms cut making charges, offer lighter pieces to boost sales

  • Titan is enhancing its gold buyback programme, while Kalyan Jewellers is also stocking stores in smaller cities with affordable 18-carat pieces.

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23 Oct 2024, 12:15:07 AM IST

Company Results Today Live: Bajaj Finance Q2 Results: Net profit surges 80% to ₹5,613 crore, AUM rises 29% YoY

  • Bajaj Finance Q2 Results: On a consolidated basis, the leading NBFC’s net profit rose 13 per cent to ₹4,014 crore in the September quarter, compared to ₹3,551 crore in the same period last year

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23 Oct 2024, 12:01:34 AM IST

Company News Today Live: Target announces price cuts on 2,000 essential items ahead of holiday season

  • From toys and beauty products to household essentials like toilet paper and cold medicine, shoppers can now save on items they need for the festive season.

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