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Latest news on October 8, 2024: It is illegal to advertise ASU&H drugs claiming miraculous or supernatural effects for the treatment of diseases
Business News highlights Today: Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani as we bring you everything that is happening in the world of business. Track latest gold and silver prices as well here. Stay on top of all things business with us. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More
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Oct 8, 2024 4:58 PM IST
Business News LIVE Updates : Illegal to advertise Ayurveda, Siddha drugs claiming ‘miraculous’ effects: Ayush ministry
- The Ayush ministry said it neither certifies or approves any Ayurvedic, Siddha, Unani and Homeopathic company or its medicine nor grants license to manufacture
Oct 8, 2024 4:35 PM IST
Business News LIVE Updates : Uber to launch AI assistant powered by OpenAI’s GPT-4o to help drivers go electric
- Uber has advocated a shift to EVs for several years and has pledged $800 million to support its driver partners’ switching entirely to EVs by 2040
Oct 8, 2024 3:35 PM IST
Business News LIVE Updates : PepsiCo posts surprise drop in quarterly revenue, cuts sales forecast
- Pepsico lowers its fiscal 2024 sales growth forecast to low single digits from 4%. Q3 net revenue was $23.32 billion, below analysts’ expectations.
Oct 8, 2024 2:50 PM IST
Business News LIVE Updates : Nvidia partner Hon Hai boosts capacity to meet ‘crazy’ AI demand
- Hon Hai Precision Industry Co. plans to expand server capacity to meet rising demand for Nvidia chips, anticipating continued AI investment.
Oct 8, 2024 2:22 PM IST
Business News LIVE Updates : A look at India’s biggest IPOs of 2024
- Hyundai Motor India’s $3 billion IPO leads the wave, followed by Swiggy and NTPC Green’s significant offerings.
Oct 8, 2024 1:33 PM IST
Business News LIVE Updates : Foxconn building Nvidia superchip facility in Mexico: All you need to know
- Foxconn is constructing the largest manufacturing facility for Nvidia’s GB200 superchips in Mexico, benefiting from the AI boom.
Oct 8, 2024 12:42 PM IST
Business News LIVE Updates : Ola Electric falls over 6% after notice on misleading ads
- Ola Electric Mobility shares dropped 6% after receiving a show cause notice from the Central Consumer Protection Authority for alleged misleading advertising.
Oct 8, 2024 11:48 AM IST
Business News LIVE Updates : Zomato’s Deepinder Goyal orders food from Swiggy? ‘Never opened anybody else’s app’
- Zomato CEO Deepinder Goyal stated he has never ordered from competitors like Swiggy, emphasizing Zomato’s strong position in India’s food delivery market.
Oct 8, 2024 10:20 AM IST
Business News LIVE Updates : Cognizant discriminated against non-Indian workers, US jury says
- A US jury found Cognizant engaged in discriminatory conduct against non-Indian workers, ordering punitive damages.
Oct 8, 2024 10:15 AM IST
Business News LIVE Updates : Gold Rate Today 08-10-2024: Check latest prices in your city
- Gold And Silver rates Today : The price of 10 gm of 24 carat gold is Rs. 77613.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 100000.0/Kg in Delhi.
Oct 8, 2024 10:13 AM IST
Business News LIVE Updates : Samsung’s rare apology as results sag: ‘These are testing times’
- Samsung Electronics apologized to investors for disappointing results, acknowledging a potential crisis in its memory chip business.
Oct 8, 2024 8:59 AM IST
Business News LIVE Updates : Deepinder Goyal on Zomato’s lowest moment: ‘When Swiggy raised $1 billion…’
- Deepinder Goyal, Zomato’s founder, reflected on a tough period when Swiggy raised $1 billion while Zomato had just $35 million.
Oct 8, 2024 8:51 AM IST
Business News LIVE Updates : Meet Shark Tank India’s newest judge: Snapdeal co-founder Kunal Bahl
- Kunal Bahl, co-founder of Snapdeal, joins Shark Tank India for season four, bringing his entrepreneurial experience.
Oct 8, 2024 8:43 AM IST
Business News LIVE Updates : Warren Buffett’s Bank of America stock sale spree surpasses $10 billion
- Warren Buffett’s Berkshire Hathaway has now made over $10 billion from selling its Bank of America shares. In the latest round, it earned $383 million.
Oct 8, 2024 8:16 AM IST
Business News LIVE Updates : Foxconn building world’s largest manufacturing facility for Nvidia’s GB200?
- Foxconn is constructing the largest manufacturing facility for Nvidia’s GB200 chips, according to a senior executive.
Oct 8, 2024 8:08 AM IST
Business News LIVE Updates : Is RBI moving closer to a rate cut or will that happen in December?
- A change in the RBI’s policy stance language would pave the way for a quarter-point rate cut in December, according to economists at HSBC Plc.