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Business News/ Companies / Companies News Today highlights on December 6, 2024: Vishal Mega Mart to ramp up store launches after ₹8,000 crore IPO
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Companies News Today highlights on December 6, 2024: Vishal Mega Mart to ramp up store launches after ₹8,000 crore IPO

10 min read . Updated: 06 Dec 2024, 10:09 PM IST
Livemint

Companies News Today highlights on December 6, 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: Vishal Mega Mart to ramp up store launches after ₹8,000 crore IPOPremium
Companies News Today Live Updates: Vishal Mega Mart to ramp up store launches after ₹8,000 crore IPO

Companies News Today highlights: 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.

06 Dec 2024, 10:09:56 PM IST

Company News Today Live: Vishal Mega Mart to ramp up store launches after ₹8,000 crore IPO

  • The company has cash reserves of ₹700 crore which is sufficient for future growth, according to MD and CEO Gunender Kapur.
Read the full story here

06 Dec 2024, 09:32:38 PM IST

Company News Today Live: TikTok faces US ban after appeals court refuses to block law

  • The ruling could be appealed to the Supreme Court or full appeals court panel.
Read the full story here

06 Dec 2024, 08:44:59 PM IST

Company Business News Today Live: How did six ex-employees exploit Apple's charity programme and steal over $152K? Know here

  • Six former Apple employees are charged with manipulating donations to defraud the company's charitable matching programme of about $152,000. They face multiple felony charges, including grand theft. Kwan, a certified public accountant, allegedly directed the fraudulent activities.
Read the full story here

06 Dec 2024, 07:55:27 PM IST

Company News Today Live: CEAT to acquire Camso's off-highway tyre biz from Michelin for $225 millon

  • CEAT to acquire Camso's off-highway tyre biz from Michelin for $225 millon
Read the full story here

06 Dec 2024, 07:02:58 PM IST

Company News Today Live: NCLAT upholds insolvency order against Jaiprakash Associate

  • As of 10 November, the company reported provisional outstanding borrowings of ₹55,525.89 crore. Admitted claims stand at ₹57,190 crore, making it one of India’s largest unresolved insolvency cases.
Read the full story here

06 Dec 2024, 05:41:32 PM IST

Company News Today Live: Will private markets morph into ETFs? BlackRock thinks so

  • Recent deals for private asset managers could replicate the playbook from the 2009 acquisition of iShares.
Read the full story here

06 Dec 2024, 05:08:42 PM IST

Top Company Leader Today Live: THIS billionaire is saving $8 billion in taxes. It's not Mark Zuckerberg or Elon Musk

  • One of the world's richest men is avoiding $8 billion in taxes by passing on his assets. It is not Mark Zuckerberg or Elon Musk; read to know more about him and his financial strategy.
Read the full story here

06 Dec 2024, 04:18:26 PM IST

Company News Today Live: NCLAT sends Aakash-Byju’s dispute back to NCLT amid minority shareholder tensions

  • The tribunal has asked Aakash to file its application within one week and requested the NCLT Bengaluru bench to decide on the matter within three weeks.
Read the full story here

06 Dec 2024, 03:57:43 PM IST

Company News Today Live: Battle for 7-Eleven could be tipping point for Japanese M&A

  • The multibillion takeover battle is unfolding against a backdrop of heightened deal activity involving foreign bidders, fanned by a weak yen, undervaluation, and a profitability gap at many big Japanese firms compared with their international peers.
Read the full story here

06 Dec 2024, 10:19:28 AM IST

Company News Today Live: Paytm founder Vijay Shekhar Sharma praises new-age tech firms for job creation, ‘hum hain naye, andaaz kyun ho purana…’

  • Posting on social media, Paytm founder Vijay Shekhar Sharma, praised India's new-age tech firms for job creation. He added a video showing an Uber driver claim he earns ₹80,000 as proof, but netizens were not too convinced.
Read the full story here

06 Dec 2024, 07:57:14 AM IST

Company News Today Live: Canara Bank gets RBI approval to divest stake in Canara Robeco AMC, Canara HSBC Life Insurance via IPO

  • Canara HSBC Life Insurance Company is a joint venture company with a 51% stake owned by Canara Bank and a 26% stake held by the HSBC Insurance (Asia Pacific) Holdings and remaining 23% stake by Punjab National Bank (PNB).
Read the full story here

06 Dec 2024, 05:35:07 AM IST

Company Business News Today Live: EQT keen to tap Indian wealthy: Jean Eric Salata

  • The Swedish private equity firm has invested $6 billion over the last 18 months in India.
Read the full story here

06 Dec 2024, 05:30:07 AM IST

Company Business News Today Live: NTPC Green plans ₹30,000 cr-transmission network for AP green hydrogen hub

  • The proposed project would have a capacity of 20GW and is pivotal for India's transition to renewable energy. It will remain separate from the national power grid, and will be India's first such network purpose-built for a project.
Read the full story here

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