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Business News/ Companies / Companies News Today highlights on January 16, 2025: Delhi high court orders SpiceJet to pay $2.67 mn to engine lessor within a week
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Companies News Today highlights on January 16, 2025: Delhi high court orders SpiceJet to pay $2.67 mn to engine lessor within a week

26 min read . Updated: 16 Jan 2025, 10:45 PM IST
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Companies News Today highlights on January 16, 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: Delhi high court orders SpiceJet to pay $2.67 mn to engine lessor within a weekPremium
Companies News Today Live Updates: Delhi high court orders SpiceJet to pay $2.67 mn to engine lessor within a week

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.

16 Jan 2025, 10:45:30 PM IST

Company News Today Live: Delhi high court orders SpiceJet to pay $2.67 mn to engine lessor within a week

  • The payment is part of a larger outstanding default of $6 million owed by the airline
Read the full story here

16 Jan 2025, 10:33:57 PM IST

Company News Today Live: Kirloskar Family dispute escalates at SAT over disclosure of family settlement agreement

  • Kirloskar Brothers Ltd pursues SAT intervention in the ongoing dispute with Kirloskar Oil Engines Ltd over a 2009 Family Settlement disclosure. Despite Sebi's directive for transparency, KOEL claims no obligation to disclose, leading to adjourned hearings on January 17.
Read the full story here

16 Jan 2025, 09:55:32 PM IST

Company Business News Today Live: Who might buy TikTok if the U.S. ban takes effect? Check the list of potential buyers

  • TikTok faces a potential U.S. ban on January 19 unless ByteDance sells the app. Concerns over national security and data privacy have emerged, with its proprietary algorithm at the center of the debate. High-profile figures show interest in acquiring TikTok as the deadline approaches.
Read the full story here

16 Jan 2025, 08:34:57 PM IST

Company News Today Live: 90-hour workweek: Harsh Goenka says Denmark has some lessons for India — ‘flexible hours, minimal hierarchy’

  • In Denmark, flexible work hours allow time for family and personal life, and job loss is cushioned by government support, RPG Group chairman Harsh Goenka says.
Read the full story here

16 Jan 2025, 07:41:45 PM IST

Company Results Today Live: Infosys beats TCS as growth continues on the back of North America business

  • Infosys not only beat analysts' revenue and profit expectations for the seasonally weak December quarter but also raised its growth outlook for the full year, driven by stronger discretionary spending in the US and Europe.
Read the full story here

16 Jan 2025, 07:27:55 PM IST

Company News Today Live: BP to cut 4,700 jobs globally as part of cost-cutting drive

  • The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.
Read the full story here

16 Jan 2025, 06:37:16 PM IST

Company News Today Live: BPCL signs ₹31,802-crore loan deal with SBI-led consortium for petrochem, refinery projects

  • BPCL signs ₹31,802-crore loan deal with SBI-led consortium for petrochem, refinery projects
Read the full story here

16 Jan 2025, 06:30:55 PM IST

Company Business News Today Live: This hedge fund created an Excel on steroids

  • The need to analyze an overwhelming influx of stock data—and to do it fast—pushed Man Group to become its own kind of tech company.
Read the full story here

16 Jan 2025, 06:10:47 PM IST

Company News Today Live: Short-seller Nathan Anderson shuts Hindenburg

  • Nathan Anderson announced the closure but did not specify a reason for the decision
Read the full story here

16 Jan 2025, 05:14:28 PM IST

Company News Today Live: ‘Deeply alarmed’: 400 Washington Post journalists demand Jeff Bezos' intervention – What went wrong?

  • A mass exodus at the Washington Post has prompted 400 journalists to request Jeff Bezos's intervention, citing lost trust due to recent leadership decisions and a significant drop in subscribers, following layoffs and financial struggles.
Read the full story here

16 Jan 2025, 04:34:07 PM IST

Company Business News Today Live: Google thinks it has the best AI tech. Now it needs more users.

  • Tired of trailing OpenAI, CEO Sundar Pichai wants his Gemini chatbot to be used by 500 million people.
Read the full story here

16 Jan 2025, 03:50:44 PM IST

Company News Today Live: Travel-fintech startup taps AI for visa applications and train bookings after credit card hiccup

  • Scapia has launched AI-powered visa application and train booking services while it waits for RBI to lift restrictions on the travel-fintech startup's only banking partner.
Read the full story here

16 Jan 2025, 03:48:50 PM IST

Company News Today Live: Kedaara Capital invests over $350 mn in data analytics provider Impetus Technologies

  • The company will use the funds towards widening its footprint in the rapidly growing market and drive further innovation.
Read the full story here

16 Jan 2025, 03:16:35 PM IST

Company Business News Today Live: Hindenburg Research to disband: From Adani and Icahn to Nikola, list of firms targeted by US-based short seller

  • Hindenburg Research, a US-based short seller founded by Nathan Anderson, will disband after impacting the market values of firms such as Adani Group, Nikola, Block and Clover Health. The firm faced backlash for allegations against various companies.
Read the full story here

16 Jan 2025, 02:21:25 PM IST

Company News Today Live: NCLAT admits Meta’s appeal against CCI's data-sharing ban, ₹213 crore fine

  • A decision on Meta's plea for interim relief to stay the Competition Commission of India order is expected on 23 January.
Read the full story here

16 Jan 2025, 12:42:33 PM IST

Company Business News Today Live: Wall Street’s pre-eminent short seller is calling it quits

  • Hindenburg Research founder Nate Anderson, a foe of Carl Icahn and the Adani family, cites the stress of his job as he shuts down the firm.
Read the full story here

16 Jan 2025, 12:29:06 PM IST

Company News Today Live: Bain Capital invests in auto parts maker Dhoot Transmission

  • Bain Capital plans to leverage its global automotive expertise to support Dhoot Transmission’s growth and expansion, including through acquisitions and partnerships.
Read the full story here

16 Jan 2025, 11:27:03 AM IST

Company Results Today Live: HDFC Life Insurance Company Q3 Results 2025: Profit Rises by 14.63% YOY

  • HDFC Life Insurance Company Q3 Results 2025 on 16 Jan, 2025: Revenue decreased by 35.66% YoY & profit increased by 14.63% YoY, profit at ₹421.31 crore and revenue at ₹17389.85 crore
Read the full story here

16 Jan 2025, 11:26:54 AM IST

Company Results Today Live: Sita Enterprises Q3 results 2025 on 16 Jan, 2025: loss at ₹0.81Cr, Revenue decreased by 20% YoY

  • Sita Enterprises Q3 results 2025 on 16 Jan, 2025: Revenue decreased by 20% YoY & loss at ₹0.81Cr
Read the full story here

16 Jan 2025, 11:26:49 AM IST

Company Results Today Live: Viji Finance Q3 results 2025 on 16 Jan, 2025: loss at ₹0.1Cr, Revenue increased by 45.1% YoY

  • Viji Finance Q3 results 2025 on 16 Jan, 2025: Revenue increased by 45.1% YoY & loss at ₹0.1Cr
Read the full story here

16 Jan 2025, 11:26:43 AM IST

Company Results Today Live: CEAT Q3 Results 2025 on 16 Jan, 2025: profit falls by 46.49% YOY, profit at ₹97.11 crore and revenue at ₹3299.9 crore

  • CEAT Q3 Results 2025 on 16 Jan, 2025: Revenue increased by 11.36% YoY & profit decreased by 46.49% YoY, profit at ₹97.11 crore and revenue at ₹3299.9 crore
Read the full story here

16 Jan 2025, 11:26:36 AM IST

Company Results Today Live: Reliance Industrial Infrastruct Q3 Results 2025 on 16 Jan, 2025: profit falls by 24.52% YOY, profit at ₹2.74 crore and revenue at ₹12.36 crore

  • Reliance Industrial Infrastruct Q3 Results 2025 on 16 Jan, 2025: Revenue decreased by 17.32% YoY & profit decreased by 24.52% YoY, profit at ₹2.74 crore and revenue at ₹12.36 crore
Read the full story here

16 Jan 2025, 11:26:28 AM IST

Company Results Today Live: L&T Technology Services Q3 Results 2025: Profit Falls by 4.1% YOY

  • L&T Technology Services Q3 Results 2025 on 16 Jan, 2025: Revenue increased by 9.55% YoY & profit decreased by 4.1% YoY, profit at ₹322.4 crore and revenue at ₹2653 crore.
Read the full story here

16 Jan 2025, 11:26:22 AM IST

Company Results Today Live: Atishay Q3 Results 2025 on 16 Jan, 2025: profit rise by 11.64% YOY, profit at ₹2.11 crore and revenue at ₹15.22 crore

  • Atishay Q3 Results 2025 on 16 Jan, 2025: Revenue increased by 29.42% YoY & profit increased by 11.64% YoY, profit at ₹2.11 crore and revenue at ₹15.22 crore
Read the full story here

16 Jan 2025, 11:26:15 AM IST

Company Results Today Live: Oracle Financial Services Softwa Q3 Results 2025 on 16 Jan, 2025: profit falls by 26.93% YOY, profit at ₹541.3 crore and revenue at ₹1715.2 crore

  • Oracle Financial Services Softwa Q3 Results 2025 on 16 Jan, 2025: Revenue decreased by 5.95% YoY & profit decreased by 26.93% YoY, profit at ₹541.3 crore and revenue at ₹1715.2 crore
Read the full story here

16 Jan 2025, 11:26:08 AM IST

Company Results Today Live: Hathway Cable & Datacom Q3 Results 2025 on 16 Jan, 2025: profit falls by 38.81% YOY, profit at ₹13.67 crore and revenue at ₹511.15 crore

  • Hathway Cable & Datacom Q3 Results 2025 on 16 Jan, 2025: Revenue increased by 1.3% YoY & profit decreased by 38.81% YoY, profit at ₹13.67 crore and revenue at ₹511.15 crore
Read the full story here

16 Jan 2025, 11:26:03 AM IST

Company Results Today Live: Network 18 Media & Investments Q3 Results 2025 on 16 Jan, 2025: loss rise by 2371.5% YOY, loss at ₹1435.45 crore and revenue at ₹1360.5 crore

  • Network 18 Media & Investments Q3 Results 2025 on 16 Jan, 2025: Revenue decreased by 23.3% YoY & loss increased by 2371.5% YoY, loss at ₹1435.45 crore and revenue at ₹1360.5 crore
Read the full story here

16 Jan 2025, 11:07:46 AM IST

Start-ups Today Live: Heads Up For Tails starts fresh talks to raise $40 mn from new and existing backers as pet care sector thrives

  • The pet care sector has attracted significant investor interest as more people began to adopt pets after covid in India to satisfy their need for some kind of companionship.
Read the full story here

16 Jan 2025, 10:03:31 AM IST

Company Business News Today Live: Hindenburg Research: WSJ journo Ben Foldy's book to offer timely peek into shut US short-seller behind Adani sell-off

  • Journalist Ben Foldy is writing a book on Hindenburg Research. Nathan Anderson has announced the disbanding of Hindenburg Research, the firm he founded in 2017, known for its impactful reports that prompted investigations and short-selling. 
Read the full story here

16 Jan 2025, 08:36:39 AM IST

Company Business News Today Live: Q3 results today: Reliance, Infosys, Axis Bank among 32 companies to announce earnings on January 16

  • Major companies including Reliance Industries, Infosys, and Axis Bank are set to announce Q3 earnings for the quarter ending December 31, 2024. Reliance is expected to show mixed results, while Axis Bank anticipates a net profit growth of 6.06% year-on-year.
Read the full story here

16 Jan 2025, 07:24:15 AM IST

Company Business News Today Live: Hindenburg Research to shut down: Timeline of Nathan Anderson’s explosive allegations on Gautam Adani

  • Nate Anderson's Hindenburg Research, known for its impactful short-selling reports, will shut down. The firm gained notoriety for allegations against the Adani Group, which include stock manipulation and accounting fraud.
Read the full story here

16 Jan 2025, 06:35:25 AM IST

Company News Today Live: Hindenburg shutdown: Why did short-seller Nate Anderson announce to disband US-based firm?

  • Hindenburg shutdown: Why did short-seller Nate Anderson is disbanding US-based firm?
Read the full story here

16 Jan 2025, 06:00:11 AM IST

Company News Today Live: Hero Motocorp bets on steady EV market growth, eyes pan-India expansion

  • Two-wheeler maker seeks to expand sales and charging infra across India in four quarters, eyes profitability for business in 2 years
Read the full story here

16 Jan 2025, 05:20:08 AM IST

Company News Today Live: Partners Group, Brookfield, KKR, Macquarie, Actis show interest to invest $200 mn in Excitel

  • 15 prospective buyers sign non-disclosure agreements at a time India’s $3-billion wired internet market is expected to grow exponentially
Read the full story here

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