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.
Company News Today Live: Sebi orders suspension of Embassy Office Parks CEO Aravind Maiya after NFRA ban. Here are the details
- Sebi also issued a show cause notice to the company, seeking its response on why an enquiry should not be initiated against it and penalty not be imposed.
Company Results Today Live: IRCTC Q2 Results: Net profit rises 4.47% to ₹307.8 crore, revenues up 7.2%
- IRCTC Q2 Results: Net profit rises 4.47% to ₹307.8 crore, revenues up 7.2%
Company Business News Today Live: Bosch to cut over 7,000 jobs as it lowers growth forecast for 2024: What we know
- CEO Stefan Hartung indicated the company won’t meet its economic targets and may make further staffing adjustments. Bosch, reporting €92 billion in revenue in 2023, expects a 4% sales return this year, down from last year’s 5%.
Company Business News Today Live: Chinese logistics operators are getting into US warehousing
- The growing leasing activity comes as e-commerce operators are trying to reach more American consumers.
Top Company Leader Today Live: Why $11 trillion in assets isn’t enough for BlackRock’s Larry Fink
- Fink wants to push the world’s largest asset manager into the more lucrative world of private markets.
Company News Today Live: NCLAT issues notice to Adani Power on plea contesting acquisition of Lanco Power
- The appeal was filed by Indian Bank’s stressed asset management division, which contested the validity of the resolution plan.
- However, the NCLAT’s Chennai bench declined to impose an interim stay on the approved plan.
Company Business News Today Live: Data check: Why C-suite salaries jumped in FY24—and did staff pay keep pace?
- The median pay for listed companies’ top leaders jumped 8.6% to ₹5.7 crore in 2023-24, showed a Mint analysis. This was likely due to a strong net profit growth of nearly 29%, though the average employee in these companies continued to get moderate salary hikes.
Company News Today Live: Skillmatics likely to go for India listing in 2-3 years: CEO Dhvanil Seth
- The Peak XV-backed toymaker is also exploring newer categories such as gaming for adults and home and nursery, according to the co-founder.
Company News Today Live: Zomato's Deepinder Goyal addresses 'future dated' mushrooms found in warehouse: 'Were never going to make it to...'
- Deepinder Goyal, CEO of Zomato, defended the company after 90 mislabeled mushroom packets were discovered, blaming a manual error by the vendor. He reaffirmed Zomato's dedication to food safety standards and mentioned the warehouse received an A+ rating in a recent inspection.
Company News Today Live: Swiggy fined ₹35,000 for overcharging Hyderabad 'one membership' customer. Here's what happened
- Swiggy has been fined ₹35,000 for overcharging a 'Swiggy One membership' customer in Hyderbad.
Company News Today Live: InCred plans insurance, mutual fund arms as it seeks to diversify offerings
- The insurance venture will tap domestic investors to seed the business with at least ₹300 crore in capital. InCred will own over 51% of the general insurance business, focusing on health and motor insurance.
Company Business News Today Live: Flex space revenue booms as the office goes to the employee
- The flexible office segment, comprising co-working and managed workplaces, doubled in the last five years, accounting for 58 msf or 7-8% of the overall Grade-A office inventory in the first half of 2024.