Tuesday, November 5, 2024

Companies News Today Live Updates on October 30, 2024: Elon Musk’s xAI in talks to raise funding valuing it at $40 billion

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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.

30 Oct 2024, 08:58:01 PM IST

Company Business News Today Live: Elon Musk’s xAI in talks to raise funding valuing it at $40 billion

  • The new fundraising effort would substantially increase startup’s valuation from spring.

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30 Oct 2024, 08:13:11 PM IST

Company News Today Live: Space World group to raise funds for new fibre ventures

  • Space World is evaluating various routes to raise funds to channel into new ventures Constl and Ranext that will offer fibre connectivity between data centres and in-building plug-and-play fibre network to ISPs.

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30 Oct 2024, 07:37:23 PM IST

Company Business News Today Live: Over 25% of Google software is written by AI, says CEO Sundar Pichai. Is it a threat to engineers?

  • During an earnings call, Google CEO Sundar Pichai disclosed that more than 25 per cent of new code is generated by AI. However, they are later reviewed by engineers.

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30 Oct 2024, 06:23:56 PM IST

Company Results Today Live: L&T Q2 Results: Net profit rises 5% to ₹3,395 crore, revenue up 21% YoY; Order book crosses ₹5 lakh crore

  • L&T Q2 Results: Net profit rises 5% to 3,395 crore, revenue up 21% YoY; Order book crosses 5 lakh crore

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30 Oct 2024, 06:18:21 PM IST

Company Business News Today Live: Gautam Adani’s net worth increases by ₹10 lakh crore in 5 years: Check full list of India’s biggest wealth gainers

  • Gautam Adani family emerged as the largest wealth gainers in the last five years, totalling 10,21,600 crore, according to the Hurun India Rich List. Mukesh Ambani follows with 3,56,300 crore wealth gain. Check full list here.

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30 Oct 2024, 05:49:24 PM IST

Company Results Today Live: Tata Power Q2 Results: Net profit rises 7.4% to ₹1,093 crore, revenue falls marginally

  • Tata Power Q2 Results: Net profit rises 7.4% to 1,093 crore, revenue falls marginally

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30 Oct 2024, 05:37:22 PM IST

Company Business News Today Live: Starbucks tells workers to return to the office or risk getting fired

  • The coffee-chain has expected office employees to come in three days a week. Now it is tightening enforcement.

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30 Oct 2024, 05:14:51 PM IST

Company News Today Live: Dabur expands haircare portfolio with Sesa Care acquisition

  • This marks Dabur’s second acquisition in the last two years. In 2022 Dabur acquired a 51% stake in spice maker Badshah Masala Private Limited for 587.52 crore.

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30 Oct 2024, 04:57:46 PM IST

Company News Today Live: Shreya Life Sciences sells high-end Nvidia chips to Russia; West’s concern rises over India’s trade role

  • According to a Bloomberg News analysis of data compiled by trade-tracking firms ImportGenius and NBD shows that Shreya exported 1,111 units of Dell Technologies Inc.’s most-advanced servers to Russia in April-August of this year.

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30 Oct 2024, 03:33:25 PM IST

Company News Today Live: Google looks more to what it can control

  • Robust earnings growth and signals on cost control could lift some of the fog of regulatory worry.

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30 Oct 2024, 03:17:37 PM IST

Company News Today Live: GitHub CEO Thomas Dohmke praises India for fastest growing developer community, says ‘rise as a global tech titan is…’

  • Thomas Dohmke, GitHub’s CEO, praised India’s rapid growth in the developer community, highlighting its significant contributions to AI. India’s developer population is set to surpass the U.S. by 2028, with a notable 59% surge in generative AI project contributions in 2024.

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30 Oct 2024, 01:08:08 PM IST

Company News Today Live: Akzo Nobel to exit India, plans sale of India division

  • Adani Group, Aditya Birla Group, JSW Paints and Asian Paints are in the fray to buy out Akzo Nobel India. All key bidders are keen to pay a premium for the business.

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30 Oct 2024, 12:25:13 PM IST

Company News Today Live: NCLAT asks Axis Bank, Siti Network’s creditors to hold ₹143 crore in separate interest-bearing account

  • The National Company Law Tribunal had earlier in October ordered the repayment of 143 crore to Siti Networks following a petition that its creditors had unlawfully withdrawn funds from the Essel Group subsidiary while a stay on insolvency proceedings was in effect.

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30 Oct 2024, 11:03:16 AM IST

Company Results Today Live: Meesho posts higher FY24 revenue driven by spike in user base

  • In FY24, Meesho’s operating revenues jumped 33% and adjusted losses narrowed by 97%, excluding employee share based compensation expense

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30 Oct 2024, 10:56:52 AM IST

Company Results Today Live: Anant Raj Q2 Results Live: Profit Rise by 73.66% YoY

  • Anant Raj Q2 Results Live: Revenue increased by 54.34% YoY & profit increased by 73.66% YoY.

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30 Oct 2024, 10:56:41 AM IST

Company Results Today Live: Genus Power Infrastructures Q2 Results Live: Profit Rises by 68.91% YOY

  • Genus Power Infrastructures Q2 Results Live: Revenue increased by 88.01% YoY & profit increased by 68.91% YoY

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30 Oct 2024, 10:56:35 AM IST

Company Results Today Live: Voltas Q2 Results Live: Profit Rises by 265.29% YoY

  • Voltas Q2 Results Live: Revenue increased by 14.23% YoY & profit increased by 265.29% YoY

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30 Oct 2024, 10:56:28 AM IST

Company Results Today Live: Star Health and Allied Insurance Q2 Results Live: Profit Falls by 11.18% YoY

  • Star Health and Allied Insurance Q2 Results Live: Revenue increased by 16.56% YoY & profit decreased by 11.18% YoY.

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30 Oct 2024, 10:56:23 AM IST

Company Results Today Live: Apar Industries Q2 Results Live: Profit Rise by 11.47% YOY

  • Apar Industries Q2 Results Live: Revenue increased by 18.3% YoY & profit increased by 11.47% YoY

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30 Oct 2024, 10:56:16 AM IST

Company Results Today Live: Engineers India Q2 Results Live: Profit Falls by 21.83% YOY

  • Engineers India Q2 Results Live: Revenue decreased by 12.77% YoY & profit decreased by 21.83% YoY

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30 Oct 2024, 10:56:07 AM IST

Company Results Today Live: Five Star Business Finance Q2 Results Live: Profit Rise by 34.38% YOY

  • Five Star Business Finance Q2 Results Live: Revenue increased by 35.32% YoY & profit increased by 34.38% YoY.

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30 Oct 2024, 10:55:48 AM IST

Company Results Today Live: Selan Exploration Technology Q2 Results Live: Profit Rises by 126.75% YOY

  • Selan Exploration Technology Q2 Results Live: Revenue increased by 75.86% YoY & profit increased by 126.75% YoY.

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30 Oct 2024, 10:55:43 AM IST

Company Results Today Live: Iris Business Services Q2 Results Live: Profit Rises by 190.37% YOY

  • Iris Business Services Q2 Results Live: Revenue increased by 28.69% YoY & profit increased by 190.37% YoY.

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30 Oct 2024, 10:55:37 AM IST

Company Results Today Live: Somany Ceramics Q2 Results Live: Profit Falls by 41.45% YoY

  • Somany Ceramics Q2 Results Live: Revenue increased by 1.7% YoY & profit decreased by 41.45% YoY

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30 Oct 2024, 10:55:32 AM IST

Company Results Today Live: Quess Corp Q2 Results Live: Profit Rises by 28.45% YoY

  • Quess Corp Q2 Results Live: Revenue increased by 9.08% YoY & profit increased by 28.45% YoY.

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30 Oct 2024, 10:55:27 AM IST

Company Results Today Live: Cipla Q2 Results Live: Profit Rises by 15.18% YoY

  • Cipla Q2 Results Live: Revenue increased by 5.58% YoY & profit increased by 15.18% YoY

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30 Oct 2024, 10:55:22 AM IST

Company Results Today Live: APL Apollo Tubes Q2 Results Live: Profit Falls by 73.48% YoY

  • APL Apollo Tubes Q2 Results Live: Revenue increased by 3.1% YoY & profit decreased by 73.48% YoY

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30 Oct 2024, 10:55:15 AM IST

Company Results Today Live: Maruti Suzuki India Q2 Results Live: Profit Falls by 18.05% YOY

  • Maruti Suzuki India Q2 Results Live: Revenue increased by 0.29% YoY & profit decreased by 18.05% YoY.

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30 Oct 2024, 10:55:10 AM IST

Company Results Today Live: Sudarshan Chemicals Industries Q2 Results Live: Profit Rises by 67.44% YOY

  • Sudarshan Chemicals Industries Q2 Results Live: Revenue increased by 15.88% YoY & profit increased by 67.44% YoY.

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30 Oct 2024, 10:55:06 AM IST

Company Results Today Live: GREENLAM INDU Q2 Results Live: Profit Falls by 52% YoY

  • GREENLAM INDU Q2 Results Live: Revenue decreased by 39.15% YoY & profit decreased by 52% YoY

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30 Oct 2024, 10:54:59 AM IST

Company Results Today Live: Elantas Beck India Q3 Results Live: Profit Falls by 10.8% YOY

  • Elantas Beck India Q3 Results Live: Revenue increased by 12.44% YoY & profit decreased by 10.8% YoY

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30 Oct 2024, 10:54:53 AM IST

Company Results Today Live: JSW Infrastructure Q2 Results Live: Profit Rise by 46.03% YOY

  • JSW Infrastructure Q2 Results Live: Revenue increased by 18.04% YoY & profit increased by 46.03% YoY.

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30 Oct 2024, 10:54:46 AM IST

Company Results Today Live: Honeywell Automation India Q2 Results Live: Profit Falls by 5.58% YoY

  • Honeywell Automation India Q2 Results Live: Revenue decreased by 7.27% YoY & profit decreased by 5.58% YoY.

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30 Oct 2024, 10:54:41 AM IST

Company Results Today Live: Adani Ports & Special Economic Zone Q2 Results Live: Profit Rises by 39.89% YOY

  • Adani Ports & Special Economic Zone Q2 Results Live: Revenue increased by 6.33% YoY & profit increased by 39.89% YoY

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30 Oct 2024, 10:54:35 AM IST

Company Results Today Live: Container Corporation Of India Q2 Results Live: Profit Falls by 0.53% YOY

  • Container Corporation Of India Q2 Results Live: Revenue increased by 4.23% YoY & profit decreased by 0.53% YoY.

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30 Oct 2024, 10:54:30 AM IST

Company Results Today Live: Stove Kraft Q2 Results Live: Profit Rises by 1.16% YoY

  • Stove Kraft Q2 Results Live: Revenue increased by 10.15% YoY & profit increased by 1.16% YoY

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30 Oct 2024, 10:54:25 AM IST

Company Results Today Live: Hitachi Energy India Q2 Results Live: Profit Rises by 111.36% YOY

  • Hitachi Energy India Q2 Results Live: Revenue increased by 26.53% YoY & profit increased by 111.36% YoY.

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30 Oct 2024, 09:15:54 AM IST

Company News Today Live: India’s iPhone exports soar by one-third, underscoring Apple’s push to reduce reliance on China

  • Apple Inc.’s iPhone exports from India jumped by a third in the six months through September, underscoring its push to expand manufacturing in the country and reduce dependence on China.

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30 Oct 2024, 07:55:32 AM IST

Company News Today Live: New change in Google Local Services ad can affect millions of small businesses, know how

  • Google is modifying its Local Services ads, requiring businesses to have a verified Google Business Profile to advertise. This change, effective Nov. 21, aims to reduce fraud but may impact legitimate small businesses unaware of the new requirement.

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30 Oct 2024, 06:00:11 AM IST

Start-ups Today Live: Wealthtech meets edtech: Serial entrepreneur Prashanth Ranganathan’s new bet

  • Ranganathan, who might have struck gold a third time, said Zinc Money is built on the intersection of wealthtech and AI, the two sectors that are honey for investors’ ears in 2024.

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