Companies News Today highlights on October 22, 2024: Bajaj Finance continues to tighten checks for those with multiple unsecured loans, says Rajeev Jain

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.
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Company Business News Today Live: Bajaj Finance continues to tighten checks for those with multiple unsecured loans, says Rajeev Jain
- While banks are seeing a decline in the pace of unsecured loan growth, certain segments are starting to see more defaults.
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Company Business News Today Live: Extremely clear that market is facing muted demand, says Nestle India chairman
- High food inflation is straining middle-income households, said Suresh Narayanan, chairman and managing director of Nestlé India. Despite a 1% revenue growth, urban markets are pressured, while rural demand remains stable. The firm is focused on addressing weaknesses and fostering demand recovery.
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Company News Today Live: Anil Ambani-led Reliance Infra to invest $1.2 billion over next ten years for ammunition project: Report
- Reliance Infra will set up the project in the western state of Maharashtra and is aiming for potential joint ventures with six global defence companies, the company said in an exchange filing, without giving any further details.
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Company Business News Today Live: Neo AIF to pick up Ceigall India equity in Punjab road project for ₹450 crore
- Projects that are being executed under the HAM model have been drawing institutional investors since they provide fixed return during the entire concession period.
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Company News Today Live: Reliance-Disney merger: CCI approves $8.5-billion deal in detailed order, TV ad slots for cricket to not be bundled
- Reliance-Disney merger: CCI approves $8.5-billion deal in detailed order, TV ad slots for cricket to not be bundled
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Company Business News Today Live: Is Ambuja overpaying for Orient Cement?
- Ambuja’s acquisition of a significant stake in Orient Cement is a strategic bet on India’s growth story, but with earnings under pressure, the challenge now lies in making the premium payout deliver returns.
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Company Results Today Live: Bajaj Finance Q2 Results: Net profit surges 80% to ₹5,613 crore, AUM rises 29% YoY; Asset quality declines
- Bajaj Finance Q2 Results: Net profit surges 80% to ₹5,613 crore, AUM rises 29% YoY; Asset quality declines
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Company Results Today Live: Mahindra & Mahindra Finance Q2 results: Net profit rises 57% to ₹369 crore, revenue at ₹3,897 crore
- Mahindra & Mahindra Finance Q2 results: Net profit rises 57% to ₹369 crore, revenue at ₹3,897 crore
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Company Business News Today Live: No startup’s too small to IPO in a bull market
- Several venture capital firms that are at the end of their fund lifecycles are encouraging some of their trophy assets—even startups at a fairly early or mid-stage—to go public so they can sell part of their stakes and return capital to their investors.
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Company News Today Live: NLC India eyes ₹4,500 crore IPO for green energy arm by June next year
- The lignite miner plans to offload 51% shares in NLC India Renewables Ltd, says NLC India CMD Prasanna Kumar Motupalli.
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Company News Today Live: Go First’s foreign funding push to test India’s insolvency framework
- Grounded airline Go First has sought foreign litigation finance to battle Pratt & Whitney, testing the limits of India’s insolvency code and offering creditors a last shot at recovery.
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Company Business News Today Live: The CEO-obsessed succession pro leading Disney’s search for Iger’s replacement
- James Gorman wanted a challenging board role after nailing succession at Morgan Stanley. He’s getting one at Disney.
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Company News Today Live: Allianz plans to exit JVs with Bajaj over partnership dispute
- While the differences between the companies have been simmering for years, the latest impasse has brought the joint ventures to the brink of collapse after more than two decades
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Company News Today Live: Indian apparel firm Raymond Lifestyle to hire 9,000 workers for hundreds of new stores
- Indian apparel firm Raymond Lifestyle to hire 9,000 workers for hundreds of new stores
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Company News Today Live: Who is Pam Kaur, 160-year-old HSBC Holdings’ first female CFO?
- HSBC appointed Pam Kaur as its first female finance chief, replacing Georges Elhedery, who is now CEO. Previously chief risk officer, Kaur joins a leadership team prioritizing growth.
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Start-ups Today Live: Logistics startup Porter eyes more Tier 2 cities for growth
- The company, which is currently present in about 22 cities, including 7-8 metro cities, is looking to expand to nearly 40 cities in the coming years, Uttam Digga, co-founder and CEO of Porter, said.
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Company News Today Live: HSBC CEO says new structure will unleash bank’s full potential
- HSBC CEO says new structure will unleash bank’s full potential
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Company Results Today Live: Q2 results today: Zomato, Bajaj Finance, Paytm, Adani Green Energy among 70 companies to post earnings
- Zomato, Varun Beverages, Bajaj Finance, ICICI Prudential Life Insurance, Coforge, Adani Green Energy, Persistent Systems, Amber Enterprises India, Aditya Birla Real Estate, and Indus Towers to post second quarter earnings on October 22
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Start-ups Today Live: How are AI startups working to solve Indian hospitals’ most common problem? Workers’ shortage, patient care, and more
- The young generation of Indian techies is slowly trying to revolutionise the Indian healthcare system, often struggling with acute staff shortage and poor infrastructure, with their innovative startups
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Company News Today Live: Edelweiss looks to list all firms and enter new business
- In an exclusive interview, Rashesh Shah unveils Edelweiss 3.0’s ambitious plan to unbundle its businesses and focus on leadership and capital efficiency. With a roadmap leading to IPOs and new ventures, learn how the group is navigating challenges and regulatory hurdles.
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Company Business News Today Live: Three years on, Meta brings back facial recognition for selective use
- Meta is implementing facial recognition with public personalities to detect identity scams
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