Companies News Today highlights on November 19, 2024: Suditi Industries acquires kidswear brand Gini & Jony
Companies News Today highlights on November 19, 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.
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19 Nov 2024, 10:55 PM IST
Company News Today Live: Suditi Industries acquires kidswear brand Gini & Jony
- The brand, founded in 1980, operates 700 sales points and Suditi aims to leverage its production capacity to revitalize Gini & Jony, which has faced financial challenges in recent years.
19 Nov 2024, 10:01 PM IST
Company News Today Live: Honasa denies distributors’ association's claims of unsold stock, says secondary dues have been cleared
- This comes nearly four months after Mint reported that the body raised similar concerns of excessive inventory that the company had dispatched to the market and delays in replacing damaged, unsold and expired stock.
19 Nov 2024, 09:07 PM IST
Top Company Leader Today Live: Indian Hotels has grown at a scorching pace under Puneet Chhatwal. Can he sustain the bull run?
- Since taking over the helm at IHCL in 2017, Puneet Chhatwal, CEO of the Tata group-owned company, has aggressively pursued growth. And it has paid off handsomely, with over 400% returns on the IHCL stock in the last five years. But what next?
19 Nov 2024, 08:49 PM IST
Company News Today Live: Bangladesh High Court orders high-level probe into power deals with Adani group amid supply cut: Report
- Bangladesh continues to face a shortage of electricity, increasing the risk of blackouts due to the reduction in electricity supply from Adani Power's plant in Jharkhand. The High Court has ordered a high-level enquiry into the electricity agreement.
19 Nov 2024, 08:10 PM IST
Company News Today Live: Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion
- Adani Infrastructure will purchase a 30.07 per cent stake in PSP Projects for ₹6.85 billion, valuing the firm at ₹575 per share. An open offer for additional stakes will follow, as the company has an order book worth ₹65.46 billion.
19 Nov 2024, 07:55 PM IST
Company Business News Today Live: Tata Power, Druk Green Power to develop 5,000 MW green energy projects in Bhutan
- The development is in line with Bhutan’s vision for its energy sector, which is to raise its overall power generation capacity to 25,000 MW by 2040, from 2,300 MW currently, for its energy security and regional energy integration, Tata Power said.
19 Nov 2024, 07:06 PM IST
Company Results Today Live: Walmart earnings: Holiday shopping is off to a strong start
- The retail giant says its sales rose in the latest quarter, including strong demand for toys.
19 Nov 2024, 02:59 PM IST
Company News Today Live: How to nail a Google job interview: Insider offers tips on resume building, networking and more
- Breaking into Google’s workforce is no mean feat. With rigorous interviews and competitive hiring, landing a job at the tech giant requires a blend of preparation, strategy and resilience. A Google recruiter and others share insights to help candidates succeed.
19 Nov 2024, 02:16 PM IST
Company News Today Live: Meta to challenge ₹213-crore penalty by CCI over WhatsApp privacy policy
- Meta faces a ₹213-crore penalty from India's Competition Commission over WhatsApp's 2021 privacy policy update. The tech giant plans to appeal, claiming the policy was fair and preserved user choice.
19 Nov 2024, 02:11 PM IST
Start-ups Today Live: Lightspeed set to lead clean-tech startup SolarSquare’s $30 millon funding round
- Investors are ramping up their climate tech bets as individuals and firms seek sustainable solutions to address their environmental impact
19 Nov 2024, 01:47 PM IST
Company News Today Live: Delhi high court issues summons to OpenAI in ANI's copyright infringement plea
- The court did not pass any injunction in favor of ANI, noting that the case is the first of its kind and is complex, requiring further deliberation. The court will further hear the matter in January.