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Business News/ Companies / Companies News Today Live Updates on October 8, 2024: Pfizer CEO’s job is at risk. A shot of discipline could help.
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Companies News Today Live Updates on October 8, 2024: Pfizer CEO’s job is at risk. A shot of discipline could help.

15 min read . Updated: 08 Oct 2024, 07:47 PM IST
Livemint

Companies News Today Live Updates on October 8, 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: Pfizer CEO’s job is at risk. A shot of discipline could help.Premium
Companies News Today Live Updates: Pfizer CEO’s job is at risk. A shot of discipline could help.

Companies News Today Live Updates: 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.
08 Oct 2024, 07:47:38 PM IST

Company Business News Today Live: Pfizer CEO’s job is at risk. A shot of discipline could help.

  • As activist Starboard teams up with former Pfizer executives, the pharma giant’s lack of focus is in the spotlight.
Read the full story here

08 Oct 2024, 03:38:48 PM IST

Company News Today Live: Samsung’s chip technologies fall behind in early innings of AI game

  • The South Korean tech giant’s rivals seize ground in memory and contract manufacturing
Read the full story here

08 Oct 2024, 03:21:55 PM IST

Company Results Today Live: Q2 Results 2024 Preview: Sugar cos likely to post subdued earnings amid fall in sugar, ethanol volumes; Check top picks

  • Q2 Results 2024 Preview: Elara Capital forecasts a disappointing Q2FY25 for the sugar industry due to reduced sugar and ethanol volume. While sugar prices show a slight increase, the brokerage remains optimistic about policy changes to boost ethanol blending and overall industry demand.
Read the full story here

08 Oct 2024, 02:56:14 PM IST

Company News Today Live: Zerodha makes investment advisory certification a must for finfluencers

  • Other brokers such as Upstox Securities Pvt. Ltd and Angel One require APs to have cleared the 10th standard.
Read the full story here

08 Oct 2024, 02:06:58 PM IST

Company News Today Live: Samsung, employees reach compromise as company accepts wage hike, and other demands after 12 hours of talks

  • Samsung has agreed to meet the demands of over 1,100 employees protesting at its Sriperumbudur plant near Chennai. The workers had been on strike since September 9.
Read the full story here

08 Oct 2024, 12:47:55 PM IST

Company News Today Live: Samsung issues rare apology amid job cuts, financial woes and faltering AI bet, says, ‘we have caused concerns about ….’

  • Samsung Electronics, once a dominant force in the semiconductor industry, has issued a rare apology to investors, acknowledging a potential crisis within the company.
Read the full story here

08 Oct 2024, 12:33:23 PM IST

Company News Today Live: US Court finds Cognizant guilty of discriminatory conduct toward non-Indian workers

  • A US jury has found Cognizant Technology Solutions Corp guilty of discriminatory conduct against non-Indian workers, ordering compensation for affected employees. The ruling follows a 2017 class-action lawsuit alleging the company favoured South Asians in hiring.
Read the full story here

08 Oct 2024, 12:25:27 PM IST

Start-ups Today Live: Rapido takes on Ola, Uber with ‘low-cost’ guarantee airport cab service

  • Rapido expects its services to airports to contribute 20% of its revenue, a top executive said.
Read the full story here

08 Oct 2024, 12:08:57 PM IST

Company Business News Today Live: Decision time for GM in China: Stay, scale back or go

  • The country’s sharp shift to EVs and stronger local competition have deflated a key profit engine for the U.S. automaker.
Read the full story here

08 Oct 2024, 09:38:14 AM IST

Company News Today Live: Foxconn says it is building the world's largest manufacturing facility for Nvidia's GB200

  • Foxconn says it is building the world's largest manufacturing facility for Nvidia's GB200
Read the full story here

08 Oct 2024, 08:29:13 AM IST

Company Results Today Live: Samsung Q3 profit jumps 274%, but misses estimates; tech giant apologizes for lagging behind in AI chip market

  • Samsung Electronics reported a preliminary operating profit of approximately 9.1 trillion won ($6.8 billion) for the quarter ending September 30, missing the 10.3 trillion won forecast by LSEG SmartEstimate.
Read the full story here

08 Oct 2024, 06:58:53 AM IST

Top Company Leader Today Live: Manish Tiwary, former Amazon India head, nominated to lead Nestle's India operations

  • Nestle India's parent has proposed Manish Tiwary, ex-Amazon India head, as the new managing director to address stagnant sales and competition. Tiwary needs board approval to succeed Suresh Narayanan, who retires on July 30 after nearly a decade.
Read the full story here

08 Oct 2024, 06:58:53 AM IST

Top Company Leader Today Live: Manish Tiwary, former Amazon India head, nominated to lead Nestle's India operations

  • Nestle India's parent has proposed Manish Tiwary, ex-Amazon India head, as the new managing director to address stagnant sales and competition. Tiwary needs board approval to succeed Suresh Narayanan, who retires on July 30 after nearly a decade.
Read the full story here

08 Oct 2024, 06:22:45 AM IST

Company News Today Live: Consumer protection authority issues show-cause notice to Ola Electric amid surge in consumer complaints

  • The CCPA issued a show cause notice to Ola Electric over 9,948 consumer complaints, primarily about delayed deliveries, faulty vehicles, and misleading ads. Ola has 15 days to respond, pledging to address concerns and improve services.
Read the full story here

08 Oct 2024, 06:00:11 AM IST

Top Company Leader Today Live: Why Zomato backer Sanjeev Bikhchandani is a bottom-up, not top-down, investor

  • Sanjeev Bikhchandani, Naukri.com’s founder, has transformed into a leading venture capitalist with a keen eye for category-defining companies. In an exclusive interview with Mint, he shares his insights on the evolving landscape of investments, and the future of Zomato and Policybazaar.
Read the full story here

08 Oct 2024, 05:45:07 AM IST

Top Company Leader Today Live: Vedanta sees more C-suite exits amid crucial demerger and debt restructuring

  • The Vedanta Group is experiencing significant executive turnover amidst a challenging demerger and debt restructuring. Key executives like Krishnamohan Narayan and Shrikant Saboo have recently resigned, raising questions about the impact on the conglomerate's strategic plans.
Read the full story here

08 Oct 2024, 05:30:10 AM IST

Company News Today Live: Two years since Adani bought Ambuja and ACC, is a merger on cards?

  • The merger may create a Rs2 trillion cement behemoth and smoothen Adani Group's processes to help it grow faster to compete against Aditya Birla Group's UltraTech Cement Ltd. as the group aspires to achieve the top spot in the cement industry
Read the full story here

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