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Business News/ Companies / Companies News Today highlights on November 11, 2024: Hindalco Industries Q2 results: Net profit rises 78% YoY to 3,909
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Companies News Today highlights on November 11, 2024: Hindalco Industries Q2 results: Net profit rises 78% YoY to ₹3,909

Companies News Today highlights on November 11, 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: Hindalco Industries Q2 results: Net profit rises 78% YoY to ₹3,909Premium
Companies News Today Live Updates: Hindalco Industries Q2 results: Net profit rises 78% YoY to 3,909

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.

11 Nov 2024, 07:16:20 PM IST

Company Results Today Live: Hindalco Industries Q2 results: Net profit rises 78% YoY to ₹3,909

  • Q2 results: Hindalco Industries Limited reported a net profit of 3,909 crore for the quarter ending September 30, marking a 78% increase from 2,196 crore in the same quarter last year.
Read the full story here

11 Nov 2024, 07:06:16 PM IST

Company Results Today Live: ONGC Q2 Results: Net profit falls 25% YoY to ₹10,272.5 crore; interim dividend of ₹6 per share declared

  • ONGC Q2 Results: Net profit falls 25% YoY to 10,272.5 crore; interim dividend of 6 per share declared
Read the full story here

11 Nov 2024, 06:49:39 PM IST

Company News Today Live: ED to question Amazon, Flipkart officials over alleged foreign investment law violations: Report

  • According to a senior government source, ED is reviewing documents seized from the sellers during the operation, reported the news agency Reuters on Monday. ED plans to step up the investigation by summoning executives to discuss involvement in alleged foreign investment law violations. 
Read the full story here

11 Nov 2024, 06:36:15 PM IST

Top Company Leader Today Live: How ‘ideas man’ Sriharsha Majety’s hyperlocal focus put Swiggy on the map

  • Majety started out a little over a decade ago by launching a logistics platform. He shut that business, but having learnt some lessons, co-founded Swiggy. From there, till the upcoming listing, it’s been a wild roller coaster ride. We trace the journey.
Read the full story here

11 Nov 2024, 06:19:28 PM IST

Company Results Today Live: Bank of India Q2 results: Net profit rises 63% YoY to ₹2,374 crore , NII up 4% to ₹5,986 crore

  • Bank of India profit jumps 63 pc to 2,374 cr in Sept quarter.
Read the full story here

11 Nov 2024, 06:04:26 PM IST

Company Results Today Live: Balrampur Chini Mills Q2 results: Net profit falls 60% YoY to ₹67 crore

  • Balrampur Chini Mills Q2 net profit down 60 pc
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11 Nov 2024, 05:46:34 PM IST

Company Results Today Live: Hindustan Copper Q2 results: Net profit jumps over 67% YoY to ₹102 crore

  • Hindustan Copper reported a net profit of 101.67 crore for Q2, a 67.4% increase from 60.70 crore in the same quarter last year.
Read the full story here

11 Nov 2024, 05:38:55 PM IST

Company Results Today Live: NMDC Q2 Results: Net profit rises 17% YoY to ₹1,196 crore; board approves 2:1 bonus share issue

  • NMDC Q2 Results: Net profit rises 17% YoY to 1,196 crore; board approves 2:1 bonus share issue
Read the full story here

11 Nov 2024, 04:52:37 PM IST

Company Results Today Live: National Fertilizers Q2 result: PSU firm posts profit of ₹12 crore

  • National Fertilizers Q2 result: PSU firm posts profit of 12 crore
Read the full story here

11 Nov 2024, 04:01:23 PM IST

Company News Today Live: Twist in JioHotstar domain saga: Dubai siblings make fresh offer to Reliance

  • After purchasing the JioHotstar domain from a Delhi-based developer, Dubai-based siblings Jainam and Jivika are now willing to give it to Reliance for free.
Read the full story here

11 Nov 2024, 03:37:27 PM IST

Company News Today Live: Jet Airways founder Naresh Goyal gets medical bail in money laundering case

  • Jet Airways founder Naresh Goyal gets medical bail in money laundering case
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11 Nov 2024, 03:20:31 PM IST

Company Business News Today Live: Can India build $100 billion revenue tech companies? Zoho CEO Sridhar Vembu says: ‘I will tell you…’

  • Zoho CEO Sridhar Vembu questions the potential for $100 billion tech companies in India, emphasizing revenue growth over valuation.
Read the full story here

11 Nov 2024, 03:06:04 PM IST

Company News Today Live: Vedanta to invest $500 million in display glass subsidiary AvanStrate Inc, eyes semiconductor manufacturing in India

  • Vedanta Ltd has shown interest in setting up a factory to manufacture display semiconductors in India. AvanStrate Inc., a Vedanta-owned company, aims to improve its focus on research and development and manufacturing capabilities, reported PTI. 
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11 Nov 2024, 02:43:45 PM IST

Company News Today Live: SC dismisses Sebi's ₹25 crore penalty plea against Mukesh Ambani in RPL share manipulation case

  • A two-judge bench agreed to hear Sebi's broader case against RIL on 2 December but declined to hold Ambani personally liable for alleged actions.
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11 Nov 2024, 01:05:42 PM IST

Company Business News Today Live: Sniffing an opportunity as India’s small towns get a taste of the big city experience

  • As India's small towns embrace dining out and diverse flavors, the country's food services market is projected to reach 9 trillion by 2030. Increased health consciousness and convenience are key drivers, with a growing demographic ready to pay a premium for quality food options.
Read the full story here

11 Nov 2024, 12:41:12 PM IST

Company News Today Live: What happens to Club Vistara, CV Points and co-branded cards after Air India-Vistara merger

  • Travellers are eager to understand how their loyalty points, membership statuses, and rewards will transition as Club Vistara integrates with Air India’s Flying Returns programme.
Read the full story here

11 Nov 2024, 12:33:13 PM IST

Company News Today Live: ‘Do not click on links…’ State Bank of India warns customers of rewards points scams

  • The State Bank of India has warned customers of an SMS and WhatsApp scam, and asked them not to click on links or download APK files to redeem “reward points". Check all the details here.
Read the full story here

11 Nov 2024, 12:06:25 PM IST

Company Business News Today Live: Making fun of men in China comes at a cost

  • Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.
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11 Nov 2024, 11:25:14 AM IST

Company News Today Live: Barbie maker Mattel apologises after ‘Wicked’ doll's package directs customers to porn website, netizens raise alarm

  • Mattel apologized after its 'Wicked' doll packaging mistakenly directed buyers to a pornographic website instead of the official movie site. The company urged parents to discard or obscure the misprinted link and is taking immediate action to remedy the situation.
Read the full story here

11 Nov 2024, 10:15:42 AM IST

Company News Today Live: ‘Where sky isn’t the limit..,’ Vistara says ‘just the beginning’ as airline folds business

  • With Vistara ceasing operations, India's full-service airline count drops to one. The merger grants Singapore Airlines a 25.1% share in Air India, concluding another overseas-backed airline era. Vistara will operate its last flights on November 11 before rebranding as Air India.
Read the full story here

11 Nov 2024, 10:10:41 AM IST

Company News Today Live: FirstCry parent Brainbees Solutions completes GST inspection; pays ₹1.74 crore in tax review settlement

  • The GST inspection focused on reported mismatches between GST return filings in forms GSTR-3B and GSTR-2A across the financial years 2018-19, 2019-20, 2020-21, and 2022-23.
Read the full story here

11 Nov 2024, 07:56:53 AM IST

Company News Today Live: It's Vistara's last day! Netizens get emotional as Airline flies its final flights, say, ‘Thank you for the memories’

  • Vistara will operate its last flight on November 11, merging with Air India and reducing India's full-service carriers from five to one. 
Read the full story here

11 Nov 2024, 07:36:07 AM IST

Company News Today Live: Zomato rebuffs CCI antitrust violation charges, says report ‘misleading, …no conclusive'

  • Zomato clarified that while the CCI had initiated a preliminary investigation back in April 2022, no conclusive findings or orders have been issued against it.
Read the full story here

11 Nov 2024, 07:35:18 AM IST

Company News Today Live: Nestle, PepsiCo, Unilever among MNCs selling less healthy food products in India, low-income nations, says global index

  • A new report reveals that major food and beverage companies, such as Nestle, PepsiCo and Unilever sell less healthy products in low-income countries compared to high-income nations, with an average Health Star Rating of 1.8 versus 2.3. 
Read the full story here

11 Nov 2024, 06:28:30 AM IST

Company News Today Live: Top UBS banker in Australia sees role helping ultra-rich invest abroad

  • UBS Group AG anticipates that wealthy Australians will increasingly invest abroad to diversify their portfolios. UBS's Australasia head noted ongoing growth in wealth and demand for services, with foreign investment in Australia expected to rise due to its favorable growth outlook.
Read the full story here

11 Nov 2024, 06:00:12 AM IST

Company News Today Live: Warner Music India enters live entertainment with investment in SkillBox

  • Warner Music India's investment in SkillBox reflects a broader trend of firms boosting their live entertainment and ticketing offerings in India. In August, Zomato announced a $244.2 million acquisition of Paytm's movie and event ticketing businesses, including platforms like Ticketnew and Insider.
Read the full story here

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