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Latest news on October 18, 2024: Ashneer Grover, the co-founder and former managing director of BharatPe has now withdrawn his plea from the National Company Law Tribunal (NCLT), in which he had alleged oppressive conduct and mismanagement by the firm’s board
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Oct 18, 2024 6:25 PM IST
Business News LIVE Updates : Ashneer Grover withdraws oppression, mismanagement plea against BharatPe board after settlement: Report
- Ashneer Grover withdrew both an NCLT plea alleging oppression and mismanagement, and an NCLAT early hearing plea after a settlement with BharatPe’s board
Oct 18, 2024 4:30 PM IST
Business News LIVE Updates : Real estate most preferred investment for Indians, focus slowly shifts to luxury homes: FICCI-Anarock survey
- While properties within the ₹45-90 lakh range remain popular, 28% of buyers now prefer homes priced between ₹90 lakh to ₹1.5 crore
Oct 18, 2024 4:01 PM IST
Business News LIVE Updates : India again plans to curb laptop imports to boost local manufacturing: Report
- This plan, if implemented, could disrupt an industry worth $8-10 billion and reshape the dynamics of the IT hardware market in India, heavily reliant on imports
Oct 18, 2024 2:35 PM IST
Business News LIVE Updates : RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley
- The RBI sought action against four NBFCs, asking them to cease and desist from making new loan sanctions and disbursements
Oct 18, 2024 1:58 PM IST
Business News LIVE Updates : Meet the executors of Ratan Tata’s will. Mehli Mistry, the Jejeebhoy sisters, Khambata: Report
- Ratan Tata passed away on October 9 at the age 86 and named Darius Khambata, Mehli Mistry, and half-sisters Shireen and Deanna Jejeebhoy as his will’s executors
Oct 18, 2024 12:24 PM IST
Business News LIVE Updates : ‘I did not run away,’ says Byju Raveendran on his move to Dubai: Report
- Byju Raveendran clarified that his move to Dubai was not to escape, but for his father’s medical treatment
Oct 18, 2024 10:57 AM IST
Business News LIVE Updates : Google appoints a new chief technologist amid team reshuffle, find out more about Prabhakar Raghavan
- This comes as Google’s core business, which is search, gets increased competition from rivals like Microsoft, OpenAI and even startups like Perplexity
Oct 18, 2024 10:19 AM IST
Business News LIVE Updates : Hyundai IPO to be allotted today: Here’s how to check status online
- Hyundai IPO allotment: Share allotment for Hyundai Motor India IPO is expected on October 18, with shares listing on BSE and NSE on October 22.
Oct 18, 2024 10:15 AM IST
Business News LIVE Updates : Gold Rate Today 18-10-2024: Check latest prices in your city
- Gold And Silver rates Today: The price of 10 gm of 24 carat gold is Rs. 78293.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 100000.0/Kg in Delhi.
Oct 18, 2024 10:08 AM IST
Business News LIVE Updates : China’s economy grows at 4.6% rate, falls short of the official 5% target
- China’s economy grew 4.6% in Q3, below the expected 5% target for 2024. The property sector remains weak and overall growth is sluggish post-COVID restrictions.
Oct 18, 2024 9:02 AM IST
Business News LIVE Updates : Gold at record high as Middle east tensions spark haven demand
- Gold hit a record $2,698.50 as investors sought safety due to escalating Middle East conflicts, despite mixed US economic data.
Oct 18, 2024 8:59 AM IST
Business News LIVE Updates : Relief against income tax offences as charges for TDS default reduced: Details
- Guidelines simplify compounding of offences and key changes include elimination of offence categorization and removal of application limits for compounding.
Oct 18, 2024 8:50 AM IST
Business News LIVE Updates : Elon Musk warned by EU over possible X fines
- The EU may fine X by factoring in revenue from Elon Musk’s other companies, potentially increasing penalties for content moderation violations.
Oct 18, 2024 8:11 AM IST
Business News LIVE Updates : Revival in tech spending? Infosys ups sales forecast for the 2nd time this year
- Infosys raised its annual sales forecast, projecting a revenue increase of 3.75% to 4.5% for the fiscal year through March 2025.
Oct 18, 2024 8:03 AM IST
Business News LIVE Updates : Warren Buffett sells more Bank of America stock, reaps $370 million
- Warren Buffett sold more Bank of America stock, reducing Berkshire Hathaway’s stake to 9.97%. This sale generated $370 million.