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Business News/ Companies / Companies News Today highlights on February 17, 2025: Japan’s KYB Corp exits its 51% stake in JV with Conmat Group
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Companies News Today highlights on February 17, 2025: Japan’s KYB Corp exits its 51% stake in JV with Conmat Group

14 min read . Updated: 17 Feb 2025, 08:19 PM IST
Livemint

Companies News Today highlights on February 17, 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: Japan’s KYB Corp exits its 51% stake in JV with Conmat GroupPremium
Companies News Today Live Updates: Japan’s KYB Corp exits its 51% stake in JV with Conmat Group

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.

17 Feb 2025, 08:19:24 PM IST

Company Business News Today Live: Japan’s KYB Corp exits its 51% stake in JV with Conmat Group

  • The JV was formed in 2013 when KYB Corp of Japan acquired a 51% stake in fast-growing and consistently profitable Conmat Systems Pvt. Ltd. It operated as a joint venture company for over a decade to produce transit mixers using KYB technology and other products indigenously developed by Conmat.
Read the full story here

17 Feb 2025, 08:13:28 PM IST

Company News Today Live: Skoda consignments won't be stopped over $1.4 bn tax dispute: Govt to Bombay HC

  • Skoda Auto allegedly used a software to break down vehicle orders into components and sub-assemblies, which were imported at a lower duty of 5-15%, instead of importing completely knocked down (CKD) kits and paying a 35% duty, according to the government.
Read the full story here

17 Feb 2025, 07:32:42 PM IST

Company Business News Today Live: Zomato launches Nugget, in-house AI enabled customer support platform | All details here

  • Zomato has launched Nugget, an AI-enabled customer support platform designed to enhance its food delivery and supply-chain services. 
Read the full story here

17 Feb 2025, 07:16:18 PM IST

Company Business News Today Live: ‘Son of a B****’: JPMorgan CEO sparks row over expletive-laden remarks on Indian-origin ex-CFPB chief Rohit Chopra

  • JPMorgan Chase CEO Jamie Dimon blasted Rohit Chopra, the Indian-origin ex-director of US consumer watchdog Consumer Financial Protection Bureau (CFPB). Dimon accused him of ‘making things worse’ for Americans.
Read the full story here

17 Feb 2025, 07:05:24 PM IST

Company News Today Live: Cochin Shipyard signs MoU with Maersk amid India's ₹25,000 crore shipbuilding fund plan

  • Cochin Shipyard signed a MoU with the second-largest shipping giant, Maersk, to conduct ship repair, maintenance and shipbuilding in India, according to a BSE filing. Shares of the PSU firm has given investors over 600% returns in the last five years.
Read the full story here

17 Feb 2025, 06:01:46 PM IST

Company Business News Today Live: DeepSeek did Nvidia a favor

  • Nvidia has big year ahead, but the selloff might set a better stage for its chip product transition.
Read the full story here

17 Feb 2025, 05:41:10 PM IST

Company News Today Live: TCS salary hike: IT major set to increase annual salary up to 8% from April 2025 for the fiscal year 2025-26

  • TCS salary hike: IT major set to increase annual salary up to 8% from April 2025 for the fiscal year 2025-26
Read the full story here

17 Feb 2025, 04:21:41 PM IST

Company News Today Live: Sotheby’s sales more than double to ₹304 cr in 2024 as Indian art market booms

  • In 2024, the auction house sold Sayed Haider Raza's Terra Amata (1984) for $3.4 million and Maqbool Fida Husain's untitled work (Reincarnation) (1957) for $3.2 million in London. In 2023, Husain’s Bulls (1961) sold for $2.8 million in New York.
Read the full story here

17 Feb 2025, 10:28:32 AM IST

Top Company Leader Today Live: Fired for questioning Jamie Dimon about return-to-office diktat, JPMorgan employee rehired? What happened, explained…

  • JPMorgan Chase employee Nicholas Welch, allegedly fired for asking CEO Jamie Dimon questions about the return-to-office mandate during a town hall meeting, was retained after management intervention. Here's what happened, explained.
Read the full story here

17 Feb 2025, 07:16:39 AM IST

Company Business News Today Live: The new survival guide for private equity: Go big or get back to basics

  • Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.
Read the full story here

17 Feb 2025, 05:30:19 AM IST

Company Business News Today Live: How AGS Transact's cash crunch that led to shut ATMs, loan defaults, has been in the making

  • AGS Transact informed stock exchanges on 16 December that it was looking to sell up to 20% of its cash logistics business, Securevalue India Ltd, 26% of its payment business, and its overseas business, Novus Technologies Pte. Ltd.
Read the full story here

17 Feb 2025, 05:30:18 AM IST

Company Business News Today Live: What next for Burmans after the battle for Religare

  • After the end of an 18-month-long struggle, the Burman family's open offer for Religare has concluded, and Rashmi Saluja is out of the way. The family may now need to bring in funds to strengthen various businesses under the Religare fold.
Read the full story here

17 Feb 2025, 05:30:17 AM IST

Company Business News Today Live: Why the world's biggest VC believes Indian IT is facing a risk

  • The views of Andreessen Horowitz, which has $44 billion in assets under management, have added fresh fuel to the debate about the future of the global IT industry in general, and India’s $254-billion technology industry in particular.
Read the full story here

17 Feb 2025, 05:00:14 AM IST

Company Business News Today Live: India developing it’s first indigenously developed monkey fever KFD vaccine

  • India is developing its first monkey fever vaccine through ICMR and Indian Immunological Ltd to address Kyasanur Forest Disease, a tick-borne illness affecting monkeys and humans. The vaccine is currently in preclinical testing.
Read the full story here

17 Feb 2025, 12:30:07 AM IST

Company News Today Live: JioHotstar partners with Nielsen for third-party ad measurement starting IPL

  • For years, digital advertising has been dominated by self-reported metrics from platforms like Meta, Google, and YouTube, leaving advertisers with limited independent verification. The JioHotstar-Nielsen partnership looks to disrupt that model.
Read the full story here

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