Business News LIVE Updates: Real-time updates on the biggest news from the world of business, stock market, and more.
In today’s fast-paced world of business, staying updated with the latest news and developments is crucial. From major companies like Google, Apple, and Paytm to emerging startups like Zomato and Swiggy, the business landscape is constantly evolving. Here are some of the top stories making headlines in the business world today:
1. Google’s AI podcasting tool, Audio Overview, is revolutionizing the way we consume information. With a male and female voice discussing uploaded content in a realistic manner, this tool is changing the game for AI-generated podcasts.
2. SpiceJet’s Ajay Singh and board members are facing an FIR after the airline paid 10 months of provident fund dues. This development has raised questions about the company’s financial practices.
3. Zomato is set to grant nearly 12 million employee stock options worth around ₹330 crore. This move reflects the company’s commitment to rewarding its employees and fostering a culture of ownership.
4. Apple’s contract manufacturer, Foxconn, has posted record third-quarter revenue driven by AI server demand. This shift in focus from consumer electronics to AI servers highlights the changing dynamics of the tech industry.
5. Paytm’s CTO, Manmeet Singh Dhody, has taken on a new role as ‘AI Fellow’ to drive projects related to artificial intelligence innovation. This move underscores Paytm’s commitment to leveraging AI technology for growth.
6. The Public Accounts Committee (PAC) has summoned Sebi chair Madhabi Puri Buch and officials from DEA, TRAI, and the revenue department amid the Hindenburg allegations. This development signals a potential shake-up in the regulatory landscape.
7. Online shopping trends show a surge in demand for mobile phones, electronics, and consumer durables during the festive sales season. This shift in consumer behavior underscores the growing importance of e-commerce in today’s market.
8. Gold and silver prices continue to fluctuate, with the price of 10 gm of 24-carat gold at Rs. 77,853 in Delhi and 1 kg of silver at Rs. 98,000. Keeping track of these prices is essential for investors and consumers alike.
9. A JPMorgan client who lost a $50 million fortune amid dementia has been denied a trial to recoup his losses from the bank. This case highlights the complexities of financial management and the need for investor protection.
10. Swiggy has introduced a new 10-minute food delivery service called Bolt, resembling quick commerce models. This service aims to provide customers with fast and convenient food delivery options, catering to their evolving needs.
Stay tuned for more updates on these and other top stories in the world of business. Follow our live blog for real-time updates and analysis on the latest developments.
