Latest Company News Today on October 9, 2024: Live Updates
The corporate world is abuzz with the latest news updates on October 9, 2024. Here are some of the top stories making headlines:
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Star Health Insurance under cyberattack: Despite a data leak, operations remain unaffected at Star Health Insurance after a cyberattack. The company is working to address the issue and ensure data security.
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Hyundai India focuses on premium cars and EVs: As Hyundai Motor India prepares for its IPO, the company is emphasizing its commitment to premium vehicles and electric models to meet evolving consumer demands.
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Samsung Electronics factory workers reject settlement deal: Workers at Samsung Electronics’ Sriperumbudur factory have rejected a settlement deal over wage hikes, citing concerns about union recognition.
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Jindal Power abandons oil venture with Venezuela’s PDVSA: Jindal Power Ltd. has decided to walk away from a venture that would have operated an oil-processing facility for Venezuela’s state-controlled crude producer.
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Amazon’s costly space race impacts profit margins: Amazon’s focus on satellite launch costs and household goods is expected to impact the company’s profit margins, despite its impressive growth.
- TikTok sued for allegedly harming young people: The popular app TikTok is facing lawsuits from multiple states for allegedly promoting dangerous challenges to young users.
Stay tuned for more updates on the latest developments in the corporate world.
