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Business News/ Companies / Companies News Today Live Updates on December 12, 2024: Supreme Court to hear CCI plea on Amazon, Flipkart case on Friday
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Companies News Today Live Updates on December 12, 2024: Supreme Court to hear CCI plea on Amazon, Flipkart case on Friday

12 min read . Updated: 12 Dec 2024, 11:17 PM IST
Livemint

Companies News Today Live Updates on December 12, 2024: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

Companies News Today Live Updates: Supreme Court to hear CCI plea on Amazon, Flipkart case on Friday (Bloomberg )Premium
Companies News Today Live Updates: Supreme Court to hear CCI plea on Amazon, Flipkart case on Friday (Bloomberg )

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.

12 Dec 2024, 11:17:45 PM IST

Company News Today Live: Supreme Court to hear CCI plea on Amazon, Flipkart case on Friday

  • Competition Commission of India’s plea was for combining two dozen writ petitions filed by various online sellers of e-commerce platforms Amazon and Flipkart.
Read the full story here

12 Dec 2024, 09:26:17 PM IST

Company Business News Today Live: KKR to invest $50-75 mn in Rebel Foods at $860 mln valuation

  • Earlier on Thursday, Rebel Foods said in a statement that it has secured $210 million in a Series G round led by Temasek, with participation from existing investor Evolvence.
Read the full story here

12 Dec 2024, 08:11:21 PM IST

Start-ups Today Live: Flipkart Mafia-backed quick commerce startup FirstClub eyes top 10% Indians, gets $8 mn funding boost

  • E-commerce startup FirstClub aims to target the top 10 per cent of Indians with an annual salary above ₹15 lakh who would be willing to pay more for higher quality products, according to a Moneycontrol report. 
Read the full story here

12 Dec 2024, 07:50:18 PM IST

Company News Today Live: GLP drugs to be key growth driver, biologics a long-term play, says OneSource Specialty Pharma’s Neeraj Sharma

  • Drugs used to treat diabetes, and obesity will be a significant growth driver for the company.
Read the full story here

12 Dec 2024, 06:50:25 PM IST

Company News Today Live: Google’s quantum boost doesn’t really compute

  • Alphabet’s sagging stock has been primed for any good news, but quantum computing’s payoff is years away at best
Read the full story here

12 Dec 2024, 05:54:18 PM IST

Company Business News Today Live: SM Reits: How Property Share is literally giving rich retail investors a piece of the action in real estate

  • Property Share introduced India to fractional ownership, giving well-heeled retail investors a chance to earn returns via rental income. Now, it has successfully closed an IPO for India’s first SM Reit scheme. This is the story of how Property Share opened one more real estate door for investors.
Read the full story here

12 Dec 2024, 02:30:52 PM IST

Top Company Leader Today Live: Purpose-driven work: How the finest workplaces align values and mission for success

  • In conversation with HR leaders from leading organisations across India, we uncover impactful strategies for embedding purpose to drive success and ensure employee well-being.
Read the full story here

12 Dec 2024, 02:10:53 PM IST

Start-ups Today Live: Quick medicine delivery: Startups gear up against giants Flipkart and Swiggy

  • Startups like Medinos, Medstown and Plazza have recently started delivering medicines within 30 minutes and are looking to raise funds to expand and take on the giants.
Read the full story here

12 Dec 2024, 01:48:51 PM IST

Company News Today Live: Practo expands into critical care with new assured network

  • While Practo’s current offerings focus on minor diagnoses, the 15 specialities covered under Practo Assured account for over 50% of its traffic.
Read the full story here

12 Dec 2024, 11:45:18 AM IST

Company News Today Live: Curefoods expects ₹900 crore in revenue, Ebitda breakeven this year

  • Despite its sustained growth and robust expansion plans, Curefoods has been affected by high food prices in what is “probably the most inflationary period in the past 50 years", founder Ankit Nagori told Mint in an interview.
Read the full story here

12 Dec 2024, 06:35:11 AM IST

Top Company Leader Today Live: Elon Musk hits ‘historic first’: $400 billion net worth rocketed by $50 billion SpaceX share sale

  • Elon Musk has reached a net worth of $400 billion, driven by a SpaceX share sale and Tesla stock surge. His wealth increased by $62.8 billion in one day, contributing to the world’s richest 500 individuals surpassing $10 trillion in combined net worth.
Read the full story here

12 Dec 2024, 06:00:13 AM IST

Company News Today Live: JSW Group explores expansion into copper, aluminium, has engaged consultants, says top executive

  • While the plans are at an early stage, the company has engaged consultants to explore the financial viability of such an expansion, according to chief executive Jayant Acharya. JSW Steel's falling margins due to a surge in imports may hurt the company's ability to commit capex, he warned.
Read the full story here

12 Dec 2024, 05:30:11 AM IST

Company News Today Live: Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans

  • The Adani Green projects for which the $1.1 billion loans were taken—from a group of overseas banks—are mostly backed by assured cashflows from PPAs (power purchase agreements) of 25 years, which makes the group prefer longer tenure refinancing facilities.
Read the full story here

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