Tuesday, October 8, 2024

Companies News Today Live Updates on October 8, 2024: Foxconn says it is building the world’s largest manufacturing facility for Nvidia’s GB200

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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.

08 Oct 2024, 09:38:14 AM IST

Company News Today Live: Foxconn says it is building the world’s largest manufacturing facility for Nvidia’s GB200

  • Foxconn says it is building the world’s largest manufacturing facility for Nvidia’s GB200

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08 Oct 2024, 08:29:13 AM IST

Company Results Today Live: Samsung Q3 profit jumps 274%, but misses estimates; tech giant apologizes for lagging behind in AI chip market

  • Samsung Electronics reported a preliminary operating profit of approximately 9.1 trillion won ($6.8 billion) for the quarter ending September 30, missing the 10.3 trillion won forecast by LSEG SmartEstimate.

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08 Oct 2024, 06:58:53 AM IST

Top Company Leader Today Live: Manish Tiwary, former Amazon India head, nominated to lead Nestle’s India operations

  • Nestle India’s parent has proposed Manish Tiwary, ex-Amazon India head, as the new managing director to address stagnant sales and competition. Tiwary needs board approval to succeed Suresh Narayanan, who retires on July 30 after nearly a decade.

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08 Oct 2024, 06:58:53 AM IST

Top Company Leader Today Live: Manish Tiwary, former Amazon India head, nominated to lead Nestle’s India operations

  • Nestle India’s parent has proposed Manish Tiwary, ex-Amazon India head, as the new managing director to address stagnant sales and competition. Tiwary needs board approval to succeed Suresh Narayanan, who retires on July 30 after nearly a decade.

Read the full story here

08 Oct 2024, 06:22:45 AM IST

Company News Today Live: Consumer protection authority issues show-cause notice to Ola Electric amid surge in consumer complaints

  • The CCPA issued a show cause notice to Ola Electric over 9,948 consumer complaints, primarily about delayed deliveries, faulty vehicles, and misleading ads. Ola has 15 days to respond, pledging to address concerns and improve services.

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08 Oct 2024, 06:00:11 AM IST

Top Company Leader Today Live: Why Zomato backer Sanjeev Bikhchandani is a bottom-up, not top-down, investor

  • Sanjeev Bikhchandani, Naukri.com’s founder, has transformed into a leading venture capitalist with a keen eye for category-defining companies. In an exclusive interview with Mint, he shares his insights on the evolving landscape of investments, and the future of Zomato and Policybazaar.

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08 Oct 2024, 05:45:07 AM IST

Top Company Leader Today Live: Vedanta sees more C-suite exits amid crucial demerger and debt restructuring

  • The Vedanta Group is experiencing significant executive turnover amidst a challenging demerger and debt restructuring. Key executives like Krishnamohan Narayan and Shrikant Saboo have recently resigned, raising questions about the impact on the conglomerate’s strategic plans.

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08 Oct 2024, 05:30:10 AM IST

Company News Today Live: Two years since Adani bought Ambuja and ACC, is a merger on cards?

  • The merger may create a Rs2 trillion cement behemoth and smoothen Adani Group’s processes to help it grow faster to compete against Aditya Birla Group’s UltraTech Cement Ltd. as the group aspires to achieve the top spot in the cement industry

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