Today’s live corporate news updates: Stay ahead of the curve with the latest insights from the corporate world through our corporate news coverage. This section details important events impacting global industries and markets, including mergers, acquisitions, financial reporting, and strategic changes in leadership and operations. Whether you are an investor, a business professional, or simply interested in trends in various industries, our reports provide deep insight into the developments shaping the economic landscape. From start-ups to established corporations, we deliver important news 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.
Startups Today Live: Ola Electric lays off 500 employees in restructuring move
The development comes months after Ola Electric’s sister company, Ola Consumer, announced restructuring plans in April that will affect about 10% of its workforce. Read the full text here
Today’s Corporate News Live: Nvidia’s next year will be a tumultuous one
The AI giant continues to maintain a strong lead, but complex product rollouts, sky-high expectations, and the threat of China further complicate growth potential. Read the full text here
Today’s corporate news live: $250 million Adani bribery scandal: Whistleblowing, WhatsApp texts, and ‘incentives’
Charges from US securities regulators and the Department of Justice refer to text messages and bribe memos regarding “incentives” to state government officials to secure power supply contracts to Adani Green Energy and Azure Power. . Read the full text here
Startups Today Live: Focus on attracting good partners, not maximizing valuation: Lenskart’s Peyush Bansal
One of the big problems in India’s startup ecosystem today is that founders are in a hurry after evaluation, Bansal said at the 2024 Bangalore Tech Summit. Read the full story here
Corporate News Live Today: Gautam Adani ‘Bribery’ Case: Who is Sagar Adani? What is his role in the alleged scheme?
Adani Group’s Gautam Adani and Sagar Adani have been indicted by US securities regulators for their alleged involvement in a huge bribery scheme. Check out who Sagar Adani is… Read the full story here
Today’s Corporate News Live: Vedanta Resources Postpones Planned Dollar Bond Issuance: Report
Vedanta Resources has postponed issuing dollar bonds due to concerns over US allegations against Adani group companies, which could increase borrowing costs. Adani Green also withdrew its dollar-denominated bond plans amid the volatility, impacting the group’s share price and bond value. Read the full text here
Today’s Corporate News Live: Japan’s Rakuten is best with Open RAN, Gen AI solutions for India’s growth
India and other global markets continue to offer opportunities and revenue potential with solutions that offer cost savings, India CEO Sunil Gopinath said.
Today’s Corporate News Live: Recruiter at Apple iPhone maker Foxconn dismisses ban on married women after outrage
Foxconn, a major supplier of Apple iPhones, has revised its recruitment advertisements at its India-based iPhone factory, removing a restriction that previously excluded married women. Read the full text here
Today’s Corporate News Live: Adani Group refutes US allegations against Adani Green director, citing Justice Department’s ‘presumption of innocence’ position
Citing the US Department of Justice’s own position, the group emphasized that the charges are merely allegations. Read the full text here
Today’s Corporate News Live: Byju founder accused of trying to turn around company with hidden cash
The founder of bankrupt Indian technology company Byju’s allegedly hid loan proceeds from U.S. lenders to secretly buy back a software company that had been acquired by a U.S. trustee, according to a new court filing. He said he tried to use it. Read the full text here
Today’s Corporate News Live: Elon Musk’s startup xAI valued at $50 billion in new funding round
The artificial intelligence startup told investors it has raised $5 billion in its latest funding round. Read the full text here
Today’s Corporate News Live: ‘Off the Record’ Chat, Messages Copied to Lawyers: How Google Coached Employees to Avoid Antitrust Lawsuits for 15 Years
Google’s 2008 memo urging employees to avoid making inappropriate comments under antitrust scrutiny led to a 15-year effort to remove internal communications. Since then, the company has faced multiple legal challenges as it seeks to reduce risks related to employee communications. Read the full text here
Today’s corporate business news: Google should be forced to sell Chrome browser, Justice Department says
The spinoff would be a major blow to Google, which lost an antitrust lawsuit. Read the full text here
Startups Live Today: Tiger Global-backed Moglix expands packaging portfolio with ₹80 billion acquisition of Khatema Fibers
Moglix started in the packaging industry nearly five years ago and claims to be the largest B2B e-commerce player in the space. Read the full text here
Today’s live corporate news: From Barcelona beaches to Montjuïc Castle: Chennai’s Casagrand sends 1,000 employees on dream ‘all-expenses paid’ trip to Spain
Chennai-based real estate company Casagrand is sending 1,000 of its employees on an all-expenses-paid trip to Barcelona to recognize their contribution to achieving financial goals. This initiative is part of the “Profit Sharing Bonanza” program. Read the full text here.
Top corporate leaders live today: Elon Musk’s ‘first buddy’ role: Tesla CEO joins Trump, Google’s Sundar Pichai on-call to strengthen political connections
Elon Musk’s political influence is once again in the spotlight with reports that he was present on the phone call between President-elect Donald Trump and Google CEO Sundar Pichai. Read the full text here
Today’s Corporate Business News Live: Mint Commentator: What is Gautam Adani’s US indictment about?
The indictment raises questions about corporate governance, investor confidence and ramifications for Adani’s global ambitions Read the full story here
Today’s Corporate News Live: Ford to cut 4,000 jobs in Europe as falling EV sales, subsidies for Chinese rivals and poor government policies pose hurdles
Ford Motor Co. plans to cut 4,000 jobs across Europe by 2027 as the company struggles with weak electric vehicle (EV) sales, increased competition and a lack of government incentives. Read the full text here
Top Corporate Leaders Live Today: U.S. Securities and Exchange Commission indicts billionaire Gautam Adani on bribery and fraud charges: Report
Billionaire Gautam Adani faces charges from the US Securities and Exchange Commission (SEC) for allegedly defrauding US investors and bribing officials. Read the full story here.
Today’s Corporate News Live: Piramal unfazed even as President Trump’s return could increase uncertainty in biggest markets
A second Trump presidency is likely to create uncertainty for pharmaceutical companies, Nandini Piramal said, referring to his plan to impose import tariffs to shore up American industry. Read the full text here
Today’s Company News Live: VIP Industries revives sale talks
VIP has grown both organically and inorganically over the years. VIP acquired London-based Carlton in 2004 and merged with Aristocrat Luggage Limited in 2007. Read the full article here.
Today’s Corporate Business News Live: State-owned EESL plans to sell 49% stake in IntelliSmart
IntelliSmart was founded in 2019 to finance and operate smart meter deployments for electricity distribution companies. Read the full text here.
