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Business News/ Companies / Companies News Today Live Updates on December 16, 2024: Regulatory action against Nidhis, non-disclosure of beneficial ownership jump
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Companies News Today Live Updates on December 16, 2024: Regulatory action against Nidhis, non-disclosure of beneficial ownership jump

13 min read . Updated: 16 Dec 2024, 08:08 PM IST
Livemint

Companies News Today Live Updates on December 16, 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: Regulatory action against Nidhis, non-disclosure of beneficial ownership jump (Mint)Premium
Companies News Today Live Updates: Regulatory action against Nidhis, non-disclosure of beneficial ownership jump (Mint)

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.

16 Dec 2024, 08:08:21 PM IST

Company News Today Live: Regulatory action against Nidhis, non-disclosure of beneficial ownership jump

  • Registrars of Companies across the country issued as many as 131 adjudication orders, mostly imposing penalties for the alleged breaches, against Nidhi companies in calendar year 2024, about 72% more than last year's 76 notices.
Read the full story here

16 Dec 2024, 07:49:25 PM IST

Company Business News Today Live: ONDC encouraging ride-hailing apps to increase penetration beyond metro cities: MD and CEO T. Koshy

  • ONDC believes that a no-commission model could present a more sustainable and equitable approach.
Read the full story here

16 Dec 2024, 07:40:23 PM IST

Company Business News Today Live: Trump, SoftBank CEO to announce $100 billion investment in US

  • The president-elect is set to appear with SoftBank Group CEO Masayoshi Son at Mar-a-Lago on Monday.
Read the full story here

16 Dec 2024, 06:35:48 PM IST

Company News Today Live: ‘The Nvidia Way’ review: The hard work of tech mastery

  • When Nvidia’s CEO is asked how to be successful, he will respond: “I wish upon you ample doses of pain and suffering."
Read the full story here

16 Dec 2024, 06:13:55 PM IST

Company News Today Live: HDFC Bank restarts talks with Mitsubishi UFJ for HDB Financial stake sale ahead of IPO: Report

  • HDFC Bank restarted talks with Japan's MUFG to sell a stake in its non-lending arm, HDB Financial, ahead of the prospective IPO, reported Moneycontrol. Shares closed lower at the end of the market session. 
Read the full story here

16 Dec 2024, 05:58:41 PM IST

Company Business News Today Live: How talent from top tech services companies is changing the game for laggards

  • In the last 18 years, only a handful of Indian tech services firms have gone past the billion-dollar revenue landmark. The industry has a long tail of small companies starved of growth for 2-3 decades. Now, a pack of leaders from top tier companies is changing the fortunes of a few. Find out how.
Read the full story here

16 Dec 2024, 04:52:14 PM IST

Company News Today Live: Are you ultra-rich, rich or merely affluent? It makes a big difference for your bank

  • The mass-affluent wealth market is a tempting way for the likes of UBS to gain scale, but the benefits for their core business could be scant.
Read the full story here

16 Dec 2024, 04:30:45 PM IST

Top Company Leader Today Live: Delhi High Court summons SpiceJet MD Ajay Singh for third time over ₹440 crore claim raised by Kalanithi Maran

  • The Delhi High Court has summoned SpiceJet MD Ajay Singh for the third time, requiring his appearance before a new bench in February regarding a claim by Kalanithi Maran that SpiceJet owes him ₹440 crore.
Read the full story here

16 Dec 2024, 03:20:47 PM IST

Company News Today Live: Apple plans thinner, foldable iPhones to revive growth

  • The iPhone business, which accounts for around half of Apple’s overall revenue, is in a sales slump following years of mostly incremental upgrades to its devices.
Read the full story here

16 Dec 2024, 09:36:59 AM IST

Company News Today Live: Infosys co-founder Narayana Murthy defends 70-hour workweek philosophy, says, ‘800 million Indians get free ration….’

  • Reflecting on his journey to entrepreneurship, Murthy shared his early years as a Leftist during Jawaharlal Nehru's tenure as Prime Minister, when the Indian Institutes of Technology were established.
Read the full story here

16 Dec 2024, 09:25:56 AM IST

Top Company Leader Today Live: Why Musk doesn’t have access to SpaceX’s biggest government secrets

  • The rocket company’s executives haven’t sought a higher security clearance for its CEO to avoid questions about his drug use and contact with foreign officials. The answers might no longer matter.
Read the full story here

16 Dec 2024, 09:13:04 AM IST

Company News Today Live: TikTok is a go-to news source for young people. Legacy media wants in.

  • Big news brands were slow to join the video platform but now are experimenting with reaching a new audience there.
Read the full story here

16 Dec 2024, 08:40:06 AM IST

Top Company Leader Today Live: World's Richest 2024: Mukesh Ambani, Gautam Adani out of Bloomberg $100 billion club amid business challenges

  • World's Richest 2024: India's richest people Mukesh Ambani and Gautam Adani have both dropped out of Bloomberg's $100 billion club amid business challenges. While Ambani's Reliance faces slowing growth and rising debt concerns, Adani contends with a US probe impacting his empire.
Read the full story here

16 Dec 2024, 06:00:13 AM IST

Top Company Leader Today Live: In our sector, trust and credentials are key: Shriram Finance’s Venkatraman

  • Shriram Finance, one of India’s leading financial services companies, recently launched its first major brand campaign featuring cricket legend Rahul Dravid.
Read the full story here

16 Dec 2024, 05:30:08 AM IST

Company News Today Live: ‘Kalaari Capital has seen more than $100 million in exits this year’

  • For 2025, the firm is meeting several companies that are looking to build a better consumer brand to service unserved populations or the Bharat model, says managing director Vani Kola.
Read the full story here

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