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Business News/ Companies / Companies News Today highlights on November 15, 2024: General Motors layoffs: Automaker cuts nearly 1,000 jobs worldwide to lower costs
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Companies News Today highlights on November 15, 2024: General Motors layoffs: Automaker cuts nearly 1,000 jobs worldwide to lower costs

22 min read . Updated: 15 Nov 2024, 09:09 PM IST
Livemint

Companies News Today highlights on November 15, 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: General Motors layoffs: Automaker cuts nearly 1,000 jobs worldwide to lower costs (Shutterstock)Premium
Companies News Today Live Updates: General Motors layoffs: Automaker cuts nearly 1,000 jobs worldwide to lower costs (Shutterstock)

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.

15 Nov 2024, 09:09:16 PM IST

Company Business News Today Live: General Motors layoffs: Automaker cuts nearly 1,000 jobs worldwide to lower costs

  • General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market.
Read the full story here

15 Nov 2024, 07:55:04 PM IST

Top Company Leader Today Live: ‘Marathon Not A Sprint’: Audi India Head On EV Adoption

  • Audi India head Balbir Singh Dhillon believes the current slowdown in EV sales is temporary and the industry will see growth, supported by robust charging networks and government policies. BloombergNEF forecasts a 21% annual increase in global electric car sales over the next four years.
Read the full story here

15 Nov 2024, 05:05:56 PM IST

Company News Today Live: Is anyone crazy enough to audit Super Micro Computer?

  • After Ernst & Young walked away, all eyes should be on its previous auditor. The risks include Nasdaq delisting.
Read the full story here

15 Nov 2024, 04:21:32 PM IST

Company Business News Today Live: SBI set to borrow $1.25 billion, India's largest dollar-denominated bank loan in 2024; details here

  • SBI is set to raise up to $1.25 billion, the largest dollar loan in India, for corporate needs in GIFT City.
Read the full story here

15 Nov 2024, 03:31:10 PM IST

Top Company Leader Today Live: Narayana Murthy defends 6-day workweek, sparks debate; netizens say ‘If paid enough then…’

  • Narayana Murthy advocates for a six-day workweek, reflecting on his regret for the five-day shift. Netizens criticise him and highlight the need for work-life balance, fair pay, and personal choices regarding work hours.
Read the full story here

15 Nov 2024, 01:32:49 PM IST

Company Results Today Live: Ahluwalia Contracts India Q2 Results 2024 on 15 Nov, 2024: profit falls by 29.77% YOY, profit at ₹38.67 crore and revenue at ₹1011.48 crore

  • Ahluwalia Contracts India Q2 Results 2024 on 15 Nov, 2024: Revenue increased by 12.19% YoY & profit decreased by 29.77% YoY, profit at ₹38.67 crore and revenue at ₹1011.48 crore
Read the full story here

15 Nov 2024, 01:32:41 PM IST

Company Results Today Live: Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY

  • Delhivery Q2 results 2024 on 15 Nov, 2024: Revenue increased by 12.77% YoY & profit at ₹10.2Cr
Read the full story here

15 Nov 2024, 01:32:35 PM IST

Company Results Today Live: Hero Motocorp Q2 Results 2024 on 15 Nov, 2024: profit rise by 5.7% YOY, profit at ₹1063.71 crore and revenue at ₹10482.93 crore

  • Hero Motocorp Q2 Results 2024 on 15 Nov, 2024: Revenue increased by 9.96% YoY & profit increased by 5.7% YoY, profit at ₹1063.71 crore and revenue at ₹10482.93 crore
Read the full story here

15 Nov 2024, 01:32:29 PM IST

Company Results Today Live: Lemon Tree Hotels Q2 Results 2024: Profit Rises by 30.87% YoY

  • Lemon Tree Hotels Q2 Results 2024: Revenue increased by 25.16% YoY & profit increased by 30.87% YoY, profit at ₹29.64 crore and revenue at ₹284.37 crore.
Read the full story here

15 Nov 2024, 01:32:21 PM IST

Company Results Today Live: Crompton Greaves Consumer Electricals Q2 Results 2024: Profit Rises by 28.47% YOY

  • Crompton Greaves Consumer Electricals reported a 6.38% increase in revenue and a 28.47% rise in profit year-on-year for Q2 2024, with profit at ₹124.9 crore and revenue at ₹1896.01 crore.
Read the full story here

15 Nov 2024, 01:32:15 PM IST

Company Results Today Live: Schneider Electric Infrastructure Q2 Results 2024: Profit Rises 26.62% YoY

  • Schneider Electric Infrastructure announced its Q2 results for 2024 on 15 Nov, showing a revenue increase of 20.96% YoY alongside a profit rise of 26.62%. Profit stood at ₹54.27 crore with total revenue reaching ₹599.71 crore.
Read the full story here

15 Nov 2024, 12:33:45 PM IST

Company Results Today Live: Ratnamani Metals & Tubes Q2 Results 2024 on 15 Nov, 2024: profit falls by 38.74% YOY, profit at ₹100.39 crore and revenue at ₹971.33 crore

  • Ratnamani Metals & Tubes Q2 Results 2024 on 15 Nov, 2024: Revenue decreased by 14.13% YoY & profit decreased by 38.74% YoY, profit at ₹100.39 crore and revenue at ₹971.33 crore.
Read the full story here

15 Nov 2024, 12:33:38 PM IST

Company Results Today Live: Astrazeneca Pharma India Q2 Results 2024 on 15 Nov, 2024: profit falls by 26.62% YOY, profit at ₹38.43 crore and revenue at ₹408 crore

  • Astrazeneca Pharma India Q2 Results 2024 on 15 Nov, 2024: Revenue increased by 31.16% YoY & profit decreased by 26.62% YoY, profit at ₹38.43 crore and revenue at ₹408 crore
Read the full story here

15 Nov 2024, 12:33:33 PM IST

Company Results Today Live: IPCA Laboratories Q2 Results 2024: Profit Rises by 58.2% YoY

  • IPCA Laboratories Q2 Results 2024 on 15 Nov, 2024: Revenue increased by 15.78% YoY & profit increased by 58.2% YoY, profit at ₹229.48 crore and revenue at ₹2354.9 crore.
Read the full story here

15 Nov 2024, 12:33:25 PM IST

Company Results Today Live: Tega Industries Q2 Results 2024: Profit Falls by 84.76% YOY

  • Tega Industries Q2 Results 2024 on 15 Nov, 2024: Revenue decreased by 6.4% YoY & profit decreased by 84.76% YoY, profit at ₹7.22 crore and revenue at ₹353.3 crore.
Read the full story here

15 Nov 2024, 12:33:20 PM IST

Company Results Today Live: HEG Q2 Results 2024 on 15 Nov, 2024: profit falls by 14.27% YOY, profit at ₹82.28 crore and revenue at ₹567.6 crore

  • HEG Q2 Results 2024 on 15 Nov, 2024: Revenue decreased by 7.58% YoY & profit decreased by 14.27% YoY, profit at ₹82.28 crore and revenue at ₹567.6 crore
Read the full story here

15 Nov 2024, 12:33:14 PM IST

Company Results Today Live: Bharat Forge Q2 Results 2024: Profit Rises 7.2% YOY Amid Revenue Decline

  • Bharat Forge reported its Q2 results for 2024 on November 15, revealing a 7.2% year-over-year profit increase to ₹243.59 crore, despite a revenue decline of 2.27% to ₹3688.51 crore.
Read the full story here

15 Nov 2024, 12:33:05 PM IST

Company Results Today Live: Hindustan Aeronautics Q2 Results 2024: Profit Rises by 22.14% YOY

  • Hindustan Aeronautics Q2 Results 2024 on 15 Nov, 2024: Revenue increased by 6.04% YoY & profit increased by 22.14% YoY, profit at ₹1510.48 crore and revenue at ₹5976.29 crore.
Read the full story here

15 Nov 2024, 12:32:57 PM IST

Company Results Today Live: Muthoot Finance Q2 Results 2024: Profit Rises by 20.01% YOY

  • Muthoot Finance Q2 Results 2024 show a significant increase in revenue and profit, with a year-on-year profit increase of 20.01% and revenue growth of 36.4%.
Read the full story here

15 Nov 2024, 12:32:50 PM IST

Company Results Today Live: Garden Reach Shipbuilders & Engineers Q2 Results 2024: Profit Rises by 21.11% YoY

  • Garden Reach Shipbuilders & Engineers Q2 Results 2024: Revenue increased by 28.4% YoY & profit increased by 21.11% YoY, profit at ₹97.77 crore and revenue at ₹1152.92 crore.
Read the full story here

15 Nov 2024, 12:32:44 PM IST

Company Results Today Live: Honasa Consumer Q2 results 2024 on 15 Nov, 2024: loss at ₹18.57Cr, Revenue decreased by 6.91% YoY

  • Honasa Consumer Q2 results 2024 on 15 Nov, 2024: Revenue decreased by 6.91% YoY & loss at ₹18.57Cr
Read the full story here

15 Nov 2024, 12:32:38 PM IST

Company Results Today Live: IFCI Q2 Results 2024: Profit Falls by 12.73% Year-on-Year

  • IFCI declared its Q2 results on 15 Nov, 2024, reporting a revenue increase of 7.47% YoY, while profit decreased by 12.73% YoY, standing at ₹82.62 crore and revenue at ₹586.91 crore.
Read the full story here

15 Nov 2024, 12:32:32 PM IST

Company Results Today Live: Happiest Minds Technologies Q2 Results 2024: Profit Falls by 15.29% YOY

  • Happiest Minds Technologies Q2 Results 2024 on 15 Nov, 2024: Revenue increased by 28.29% YoY & profit decreased by 15.29% YoY, profit at ₹49.52 crore and revenue at ₹521.64 crore.
Read the full story here

15 Nov 2024, 12:32:26 PM IST

Company Results Today Live: Grasim Industries Q2 Results 2024: Profit Falls by 66.5% YOY

  • Grasim Industries Q2 Results 2024 on 15 Nov, 2024: Revenue increased by 11.06% YoY & profit decreased by 66.5% YoY, profit at ₹389.9 crore and revenue at ₹33562.85 crore.
Read the full story here

15 Nov 2024, 12:32:18 PM IST

Company Results Today Live: Anupam Rasayan India Q2 Results 2024: Profit Falls by 59.02% YoY

  • Anupam Rasayan India reported a significant decline in its Q2 results for 2024, with a profit decrease of 59.02% year-over-year, amounting to ₹16.67 crore, and revenue falling by 25.04% to ₹293.96 crore.
Read the full story here

15 Nov 2024, 05:30:18 AM IST

Company Business News Today Live: Diversity and inclusion: A growing factor in mergers and acquisitions

  • Diversity and inclusion are becoming vital in India's mergers and acquisitions landscape, with firms reviewing policies to enhance brand image and employee satisfaction. Experts note that while there's no legal requirement for D&I, it significantly impacts investor relations and deal negotiations.
Read the full story here

15 Nov 2024, 03:39:53 AM IST

Company News Today Live: Reliance, Disney complete transaction for $8.5-billion merger deal to create India's largest media powerhouse

  • Reliance-Disney merger: Reliance Industries holds a 16.34 per cent stake in the join venture, while its step-down unit Viacom18 holds 46.82 per cent and Disney the rest 36.84 per cent.
Read the full story here

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