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Business News/ Companies / Companies News Today highlights on January 13, 2025: ‘Religare independent directors in favour of Burmans’ open offer’
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Companies News Today highlights on January 13, 2025: ‘Religare independent directors in favour of Burmans’ open offer’

Companies News Today highlights on January 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: ‘Religare independent directors in favour of Burmans’ open offer’ (REUTERS)Premium
Companies News Today Live Updates: ‘Religare independent directors in favour of Burmans’ open offer’ (REUTERS)

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 Jan 2025, 11:52:38 PM IST

Company Business News Today Live: ‘Religare independent directors in favour of Burmans’ open offer’

  • The independent directors of Religare Enterprises have shown support for the Burman open offer, following regulatory approvals. Malay Kumar Sinha reassured that there is consensus among directors on complying with RBI directions ahead of the annual general meeting scheduled for February 7.
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13 Jan 2025, 11:41:03 PM IST

Top Company Leader Today Live: L&T's HR head breaks silence on chairman SN Subrahmanyan's 90-hour work week remark: ‘A leader who genuinely cares…’

  • 90-hour work week row: In response to criticism of SN Subrahmanyan's 90-hour work week comments, L&T's HR head praised his leadership, claiming his remarks were taken out of context. She highlighted his commitment to employee well-being amid ongoing row.
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13 Jan 2025, 10:04:58 PM IST

Company Business News Today Live: Hiremath claims a third of Baba Kalyani family fortune including Bharat Forge shares

  • The feud between Babasaheb Kalyani and sister Sugandha Hiremath intensifies as she claims ownership of a third of Kalyani's assets. A family agreement and her revised claims regarding a Kalyani Hindu Undivided Family complicate their legal struggles.
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13 Jan 2025, 09:05:12 PM IST

Company News Today Live: HCLTech's Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas

  • HCLTech outperformed analyst estimates on both fronts. A Bloomberg survey of 24 analysts expected HCLTech to report $3.5 billion in revenue and a similar survey of 22 analysts expected the company to report $537 million in net profit.
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13 Jan 2025, 08:21:21 PM IST

Company News Today Live: Goldman sees financing as the future. It is rearranging itself to reflect that.

  • The Wall Street giant’s new group will capitalize on a private-credit surge and anticipated private-equity deal boom.
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13 Jan 2025, 06:40:53 PM IST

Company News Today Live: Why ‘cost avoidance’ became an AI buzzword for holding down headcount

  • Businesses are starting to link their artificial intelligence initiatives with paring back hiring plans, or so-called cost avoidance, in an effort to justify investing in the technology.
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13 Jan 2025, 06:21:54 PM IST

Company Results Today Live: HCL Tech Q3 dividend: IT major announces 4th interim dividend of ₹18, sets January 17 as record date

  • HCL Tech Q3 dividend: IT major announces 4th interim dividend of 18, sets January 17 as record date
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13 Jan 2025, 05:51:11 PM IST

Company Results Today Live: HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, revenue up 5%; dividend declared

  • HCL Tech Q3 Results:
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13 Jan 2025, 03:25:46 PM IST

Top Company Leader Today Live: Ingram Micro appoints Sanjib Sahoo as president of Global Platform Group

  • Sahoo will continue to execute on the company’s vision to become the global technology ecosystem's business-to-business (B2B) platform.
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13 Jan 2025, 02:54:56 PM IST

Company News Today Live: Trademark dispute: Delhi HC rejects plea to restrain Mahindra from selling its eZEO EV

  • This lawsuit marks the second trademark dispute involving Mahindra’s EV lineup. In December, IndiGo’s parent company, InterGlobe Aviation, filed a trademark infringement case against Mahindra Electric Automobile Ltd over the use of “6E" in the name of Mahindra’s BE 6e electric car model.
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13 Jan 2025, 02:28:15 PM IST

Company Business News Today Live: Base metal miners likely to outshine steel companies in mixed Q3; JSPL, Hindalco emerge as top picks

  • JSPL and Hindalco are favoured among domestic metal firms as they navigate global price volatility in FY25. While JSPL performs well with long steel products, Hindalco faces headwinds from declining aluminium prices, though it remains a strong long-term investment option.
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13 Jan 2025, 02:21:30 PM IST

Company News Today Live: Salary hikes coming! Infosys workers may get pay bumps from February, says report

  • IT giant Infosys' workers may get letters regarding their salary hikes from February 2025, as per a report.
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13 Jan 2025, 01:11:37 PM IST

Company News Today Live: Warren Buffett names successor: Top 10 things to know about heir and middle child Howie Buffett

  • Howie Buffett, set to become nonexecutive chairman of Berkshire Hathaway, has a diverse background as a sheriff, farmer, and corporate board member. With his father Warren's trust, he aims to maintain the company's culture while overseeing philanthropic efforts related to their father's wealth.
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13 Jan 2025, 12:46:31 PM IST

Company News Today Live: ‘Everyone frets over e-commerce too much. We do not’: DMart’s outgoing CEO Neville Noronha

  • As DMart prepares for a new chapter with Anshul Asawa at the helm, outgoing CEO Neville Noronha reflects on his tenure, the evolving retail landscape, the strength of brick-and-mortar operations, and e-commerce hurdles.
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13 Jan 2025, 12:45:08 PM IST

Top Company Leader Today Live: AI and GenAI are transforming robotics: ABB robotics global head

  • Advancements in robotics and AI are transforming Indian industries, with robots improving efficiency in the automotive, manufacturing and logistics sectors. While concerns about job displacement exist, ABB's Sami Atiya believes robots will allow humans to focus on creative roles.
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13 Jan 2025, 12:37:13 PM IST

Company News Today Live: From toys to apparel: Inside the growing market for children’s products

  • As India embraces dual-income households and younger parents become more aware, children are the emerging cohort for consumer brands. 
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13 Jan 2025, 11:06:41 AM IST

Company News Today Live: PAG acquires majority stake in Pravesha Industries for $200 million

  • This marks the PAG's second investment in India’s packaging sector in two months, following its recent deal with Manjushree Technopack.
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13 Jan 2025, 09:45:58 AM IST

Top Company Leader Today Live: Vijay Kedia joins 90 hour work week debate with sarcastic post, ‘boss just bought Lamborghini…’

  • Investor Vijay Kedia has joined in on the 90 hour work week debate with sarcastic post, ‘boss just bought Lamborghini…’
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13 Jan 2025, 07:30:32 AM IST

Company News Today Live: Get your coffee in 15 minutes: Swiggy's Snacc app partners with Blue Tokai Coffee for fast deliveries

  • Swiggy has partnered with Blue Tokai Coffee Roasters for its SNACC app, offering a variety of high-quality food and coffee options with fast delivery. Customers can enjoy a range of beverages, including popular coffee styles, delivered to their doorstep in just 15 minutes.
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13 Jan 2025, 06:00:05 AM IST

Company News Today Live: Global investors willing to pay for assets with better ESG footprint: Alvarez & Marsal’s Paul Aversano

  • Rising deal valuations in India are driving investors to focus on such innovative strategies, fuelling A&M's rapid expansion in the market where it offers a mix of restructuring, forensics, and deal-making services.
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13 Jan 2025, 06:00:05 AM IST

Top Company Leader Today Live: DBS Bank’s marketing playbook: Purpose-driven storytelling and the future of financial branding

  • Karen Ngui, MD and head, DBS Foundation and DBS Group Strategic Marketing and Communications, discusses how the bank is building a purpose-driven brand by embracing digital transformation, championing sustainability, and engaging younger audiences through innovative content.
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13 Jan 2025, 05:30:25 AM IST

Company Business News Today Live: Home delivery eats DMart Ready's grocery lunch

  • Avenue Supermarts Ltd will now offer only home delivery in certain areas, marking a change in strategy amid rising e-commerce demand. CEO Neville Noronha will be replaced by Anshul Asawa on 1 February 2024, as investors worry about future growth and competition in the grocery sector.
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13 Jan 2025, 05:30:24 AM IST

Company Business News Today Live: Air India sees a revenue goldmine in long-haul transit traffic

  • The airline sees next phase of revenue push coming from ferrying passengers from North America, Europe and other destinations to India, connecting them to other parts of Asia.
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