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Business News/ Companies / Companies News Today highlights on February 13, 2025: Layoffs News: Sports carmaker Porsche to cut 1,900 jobs. Here's why
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Companies News Today highlights on February 13, 2025: Layoffs News: Sports carmaker Porsche to cut 1,900 jobs. Here's why

29 min read . Updated: 13 Feb 2025, 11:34 PM IST
Livemint

Companies News Today highlights on February 13, 2025: 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: Layoffs News: Sports carmaker Porsche to cut 1,900 jobs. Here's whyPremium
Companies News Today Live Updates: Layoffs News: Sports carmaker Porsche to cut 1,900 jobs. Here's why

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.

13 Feb 2025, 11:34:03 PM IST

Company News Today Live: Layoffs News: Sports carmaker Porsche to cut 1,900 jobs. Here's why

  • Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand's Stuttgart headquarters and the firm's nearby research centre.
Read the full story here

13 Feb 2025, 11:19:40 PM IST

Company Business News Today Live: Bharat Forge's Baba Kalyani agrees to meet siblings to build mother’s Samadhi

  • The dispute arose when Baba's sister Sugandha Hiremath approached a Pune court earlier this month, seeking order to direct Kalyani to permit building a Samadhi for their mother on a land parcel in Keshav Nagar, Pune. The three siblings are set to meet on 20 February to resolve the dispute.
Read the full story here

13 Feb 2025, 11:04:08 PM IST

Company Business News Today Live: Religare’s new chapter: Saluja out, new interim chairperson takes charge

  • PK Tripathi has been appointed as the interim chair of Religare Enterprises following Rashmi Saluja's ouster, confirmed by RBI. The board will rotate chairperson duties among independent directors until a new executive director is selected. Regulatory approvals are underway amidst ongoing changes.
Read the full story here

13 Feb 2025, 10:25:51 PM IST

Company Business News Today Live: Deepwater draw: Cairn Oil & Gas is hunting for a global partner

  • Vedanta group company seeks to join ONGC as a domestic deepwater explorer.
Read the full story here

13 Feb 2025, 08:47:32 PM IST

Company Business News Today Live: BPCL signs term contract with TotalEnergies for crude supplies from West Asia

  • BPCL signed a strategic contract with TotalEnergies for crude oil supply from West Asia, effective April 2025. This agreement supports BPCL's commitment to secure stable supplies and enhances its crude sourcing strategy amid challenges from sanctions on Russia.
Read the full story here

13 Feb 2025, 07:26:22 PM IST

Company News Today Live: Tata Motors says it's confident of maintaining EV leadership. Can it?

  • Tata Motors had an early-mover advantage in India’s EV market. Yet, in the past ten months, its EV sales declined 11% year-on-year, crimping its market share. Between April 2024 and January 2025, it sold a total of 53,580 EVs. 
Read the full story here

13 Feb 2025, 06:36:05 PM IST

Company Business News Today Live: JPMorgan Chase begins planned layoffs for 2025: Report

  • Fewer than 1,000 employees are going to be laid off in February, according to Barron's, which first reported the news.
Read the full story here

13 Feb 2025, 06:09:39 PM IST

Company News Today Live: Inside Amazon’s messy push to bring everyone back to the office

  • The five-day policy dials back flexibility that predated the pandemic; employees are returning to find they have no desks, not enough parking and still endless virtual meetings
Read the full story here

13 Feb 2025, 05:33:23 PM IST

Top Company Leader Today Live: Canva is on a mission to democratize design, says co-founder Cameron Adams

  • While Adobe leads the graphics software market, Canva is capturing attention with its user-friendly tools and AI integration. The company, valued at $49 billion, is committed to democratizing design, especially in India, where it is seeing significant growth.
Read the full story here

13 Feb 2025, 04:42:01 PM IST

Company News Today Live: Unicommerce could eye growth via adjacent categories

  • As India’s e-commerce market surges past $160 billion, Unicommerce is looking to expand beyond transaction processing into customer loyalty and ad-tech. With quick commerce reshaping online retail, the company sees new opportunities in omnichannel engagement and global expansion.
Read the full story here

13 Feb 2025, 04:18:58 PM IST

Company News Today Live: Delhi high court bars Adyar Gate Hotels from using ITC’s ‘Dakshin’ brand

  • The court granted an interim injunction in response to ITC’s trademark infringement lawsuit, which asserted its ownership of the iconic Dakshin restaurant’s name.
Read the full story here

13 Feb 2025, 02:32:53 PM IST

Company News Today Live: Fantasy sports revenue may drop 10% in FY25 amid tax policy shifts: Report

  • The looming possibility of a retrospective tax order, which could pose an existential threat to companies like Dream11, MPL, My11Circle, and BalleBaazi
Read the full story here

13 Feb 2025, 02:30:59 PM IST

Start-ups Today Live: Pristyn Care on edge as top-level exits and business setbacks take a toll

  • Several senior executives have resigned from the health-tech unicorn, which is also grappling with an underwhelming acquisition and ditching smartwatches for sportswear as it looks to stay afloat.
Read the full story here

13 Feb 2025, 01:40:08 PM IST

Company News Today Live: Tesla, Intel and the fecklessness of corporate boards

  • Too many directors at American companies aren’t doing their job
Read the full story here

13 Feb 2025, 01:39:58 PM IST

Company News Today Live: Japanese automakers Honda, Nissan and Mitsubishi drop their talks on a business integration

  • Honda, Nissan, and Mitsubishi have ended talks for a business integration. The automakers will continue collaboration on electric vehicles and autonomous driving despite initial plans for a joint holding company. 
Read the full story here

13 Feb 2025, 12:52:47 PM IST

Top Company Leader Today Live: Jay Kotak does not want Zerodha to enter banking business: 'You've already disrupted...'

  • Jay Kotak in a lighthearted conversation with Nikhil Kamath said that Zerodha had already disrupted the broking industry in India, asking him not to do the same with banks. Kamath however pointed out to the regulatory restrictions that brokerage firms face.
Read the full story here

13 Feb 2025, 11:21:07 AM IST

Company Results Today Live: HB Estate Developers Q3 Results 2025 on 13 Feb, 2025: profit rise by 219.21% YOY, profit at ₹4.82 crore and revenue at ₹31.41 crore

  • HB Estate Developers Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 5.65% YoY & profit increased by 219.21% YoY, profit at ₹4.82 crore and revenue at ₹31.41 crore
Read the full story here

13 Feb 2025, 11:20:55 AM IST

Company Results Today Live: Hindustan Fluorocarbons Q3 results 2025 on 13 Feb, 2025: loss at ₹0.39Cr, Revenue decreased by 0% YoY

  • Hindustan Fluorocarbons Q3 results 2025 on 13 Feb, 2025: Revenue decreased by 0% YoY & loss at ₹0.39Cr
Read the full story here

13 Feb 2025, 11:20:49 AM IST

Company Results Today Live: RELIANCE C Q3 Results 2025 on 13 Feb, 2025: profit rise by 216.67% YOY, profit at ₹0.19 crore and revenue at ₹92.23 crore

  • RELIANCE C Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 7.87% YoY & profit increased by 216.67% YoY, profit at ₹0.19 crore and revenue at ₹92.23 crore
Read the full story here

13 Feb 2025, 11:20:42 AM IST

Company Results Today Live: CG VAK Software & Exports Q3 Results 2025 on 13 Feb, 2025: profit rise by 48.07% YOY, profit at ₹2.68 crore and revenue at ₹19.74 crore

  • CG VAK Software & Exports Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 4.22% YoY & profit increased by 48.07% YoY, profit at ₹2.68 crore and revenue at ₹19.74 crore.
Read the full story here

13 Feb 2025, 11:20:30 AM IST

Company Results Today Live: Godawari Power And Ispat Q3 Results 2025 on 13 Feb, 2025: profit falls by 36.85% YOY, profit at ₹144.78 crore and revenue at ₹1297.6 crore

  • Godawari Power And Ispat Q3 Results 2025 on 13 Feb, 2025: Revenue decreased by 0.86% YoY & profit decreased by 36.85% YoY, profit at ₹144.78 crore and revenue at ₹1297.6 crore
Read the full story here

13 Feb 2025, 11:20:24 AM IST

Company Results Today Live: Dhunseri Investments Q3 results 2025 on 13 Feb, 2025: profit at ₹49.09Cr, Revenue increased by 89.71% YoY

  • Dhunseri Investments Q3 results 2025 on 13 Feb, 2025: Revenue increased by 89.71% YoY & profit at ₹49.09Cr
Read the full story here

13 Feb 2025, 11:20:16 AM IST

Company Results Today Live: Saint Gobain Sekurit India Q3 Results 2025 on 13 Feb, 2025: profit rise by 22.75% YOY, profit at ₹10.09 crore and revenue at ₹53.02 crore

  • Saint Gobain Sekurit India Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 1.32% YoY & profit increased by 22.75% YoY, profit at ₹10.09 crore and revenue at ₹53.02 crore.
Read the full story here

13 Feb 2025, 11:20:09 AM IST

Company Results Today Live: Carysil Q3 Results 2025 on 13 Feb, 2025: profit falls by 18.46% YOY, profit at ₹12.5 crore and revenue at ₹203.12 crore

  • Carysil Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 8.07% YoY & profit decreased by 18.46% YoY, profit at ₹12.5 crore and revenue at ₹203.12 crore
Read the full story here

13 Feb 2025, 11:20:03 AM IST

Company Results Today Live: Repco Home Finance Q3 Results 2025 on 13 Feb, 2025: profit rise by 8.81% YOY, profit at ₹113.17 crore and revenue at ₹435.93 crore

  • Repco Home Finance Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 12.56% YoY & profit increased by 8.81% YoY, profit at ₹113.17 crore and revenue at ₹435.93 crore
Read the full story here

13 Feb 2025, 11:19:55 AM IST

Company Results Today Live: Navkar Urbanstructure Q3 Results 2025 on 13 Feb, 2025: profit rise by 7.06% YOY, profit at ₹0.91 crore and revenue at ₹8.61 crore

  • Navkar Urbanstructure Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 48.19% YoY & profit increased by 7.06% YoY, profit at ₹0.91 crore and revenue at ₹8.61 crore
Read the full story here

13 Feb 2025, 11:19:48 AM IST

Company Results Today Live: Quintegra Solutions Q3 Results 2025 on 13 Feb, 2025: loss rise by 0% YOY, loss at ₹0.04 crore and revenue at ₹0 crore

  • Quintegra Solutions Q3 Results 2025 on 13 Feb, 2025: Revenue decreased by 0% YoY & loss increased by 0% YoY, loss at ₹0.04 crore and revenue at ₹0 crore
Read the full story here

13 Feb 2025, 11:19:42 AM IST

Company Results Today Live: KG Denim Q3 Results 2025 on 13 Feb, 2025: loss rise by 309.92% YOY, loss at ₹9.92 crore and revenue at ₹12.91 crore

  • KG Denim Q3 Results 2025 on 13 Feb, 2025: Revenue decreased by 80.46% YoY & loss increased by 309.92% YoY, loss at ₹9.92 crore and revenue at ₹12.91 crore
Read the full story here

13 Feb 2025, 11:19:34 AM IST

Company Results Today Live: Pasupati Acrylon Q3 Results 2025 on 13 Feb, 2025: profit rise by 11.44% YOY, profit at ₹10.13 crore and revenue at ₹173.87 crore

  • Pasupati Acrylon Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 11.41% YoY & profit increased by 11.44% YoY, profit at ₹10.13 crore and revenue at ₹173.87 crore
Read the full story here

13 Feb 2025, 11:19:26 AM IST

Company Results Today Live: Crompton Greaves Consumer Electricals Q3 Results 2025 on 13 Feb, 2025: profit rise by 27.74% YOY, profit at ₹109.84 crore and revenue at ₹1769.21 crore

  • Crompton Greaves Consumer Electricals Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 4.52% YoY & profit increased by 27.74% YoY, profit at ₹109.84 crore and revenue at ₹1769.21 crore
Read the full story here

13 Feb 2025, 11:19:17 AM IST

Company Results Today Live: Natco Pharma Q3 Results 2025: Profit Falls by 37.47% YoY

  • Natco Pharma Q3 Results 2025 on 13 Feb, 2025: Revenue decreased by 37.41% YoY & profit decreased by 37.47% YoY, profit at ₹133 crore and revenue at ₹474.8 crore.
Read the full story here

13 Feb 2025, 11:19:10 AM IST

Company Results Today Live: Keltech Energies Q3 Results 2025 on 13 Feb, 2025: profit rise by 31.28% YOY, profit at ₹5.75 crore and revenue at ₹117.1 crore

  • Keltech Energies Q3 Results 2025 on 13 Feb, 2025: Revenue increased by 22.46% YoY & profit increased by 31.28% YoY, profit at ₹5.75 crore and revenue at ₹117.1 crore
Read the full story here

13 Feb 2025, 11:19:05 AM IST

Company Results Today Live: Bajaj Hindusthan Sugar Q3 results 2025 on 13 Feb, 2025: loss at ₹101.96Cr, Revenue decreased by 15.22% YoY

  • Bajaj Hindusthan Sugar Q3 results 2025 on 13 Feb, 2025: Revenue decreased by 15.22% YoY & loss at ₹101.96Cr
Read the full story here

13 Feb 2025, 11:10:17 AM IST

Company News Today Live: Carlyle adds Roop Automotives and Highway Industries to its auto parts platform

  • Through this platform, Carlyle will help Roop and Highway leverage operating synergies, create capabilities and capacities
Read the full story here

13 Feb 2025, 05:30:08 AM IST

Company Business News Today Live: ITC in talks to acquire MTR , Eastern for $1.4 billion

  • The ongoing talks between ITC and Orkla may not conclude with a deal, but the majority-stake-sale option is being explored
Read the full story here

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