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Latest news on August 12, 2024: Telecom billionaire Patrick Drahi’s Altice UK, the largest shareholder in BT, has been struggling with high debt.
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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Business News LIVE Updates : Bharti to acquire about 24.5% stake in BT Group from Altice UK
- The shares will be purchased through Bharti Televentures UK, which is wholly-owned by Bharti Global.
Business News LIVE Updates : The creator of Gmail knows why Google fell behind the AI race, here’s what he says
- Paul Buchheit, the creator of Gmail, says that Google shifted its focus away from AI in order to preserve its status as the world’s largest search engine
Business News LIVE Updates : Like Warren Buffett? Nvidia’s Jensen Huang sold record $323 million stock in July before market crash
- Jensen Huang made the stock sale ahead of the broader selloff which occurred after a slew of weak US economic data and missed tech earnings
Aug 12, 2024 12:49 PM
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Business News LIVE Updates : Foreign investors pull record money from China. Here’s why
- China’s direct investment liabilities in its balance of payments dropped almost $15 billion in the April-June period.
Aug 12, 2024 12:40 PM
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Business News LIVE Updates : Gold prices edge higher as investors focus on US inflation data
Aug 12, 2024 12:00 PM
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Business News LIVE Updates : Stock market defies Hindenburg report: Sensex gains, Nifty above 24,400
Aug 12, 2024 11:37 AM
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Business News LIVE Updates : Zomato’s 4 delivery partners promoted to product managers: ‘Cheers to diversity’
- Sharing the update, Zomato boss Deepinder Goyal said that these promotions were part of the “Zomato Copilot” initiative.
Aug 12, 2024 11:26 AM
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Business News LIVE Updates : Investors lost ₹53,000 crore as Adani stocks falls after Hindenburg report
- Adani Green Energy shares were among the worst hit as it suffered a loss of 7% to hit the day’s low at ₹1,656 on BSE.
Aug 12, 2024 11:05 AM
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Business News LIVE Updates : Positron Energy IPO opens: Check price band, lot size, GMP and more details
- Positron Energy IPO will close on August 14 and the price band is set at ₹238-250 per share with a lot size of 600 equity shares.
Aug 12, 2024 10:39 AM
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Business News LIVE Updates : Elon Musk’s X faces privacy complaints in Europe over data use: ‘No consent’
- X had recently started “irreversibly feeding” the personal data of more than 60 million European users into its Grok AI technology.
Aug 12, 2024 10:29 AM
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Business News LIVE Updates : Rupee trades in narrow range against US dollar in early trade
Aug 12, 2024 10:19 AM
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Business News LIVE Updates : Ola Electric shares extend listing day gains, stock up 15%
- Ola Electric shares rose 20% over the maximum permitted price of ₹91.20, more than the ₹76 per share initial public offering price on Friday.
Business News LIVE Updates : Saraswati Saree Depot IPO opens for subscription: Key dates, price band and more
- Saraswati Saree Depot IPO: Net proceeds from the IPO will be used to fund the company’s working capital needs and general corporate purposes.
Business News LIVE Updates : Adani Group stocks drop up to 4% after Hindenburg report
Business News LIVE Updates : Jensen Huang to attend Nvidia’s flagship AI summit in India: When is it? How to attend?
- In the summit, Nvidia CEO Jensen Huang will also participate along with other prominent industry leaders.
Business News LIVE Updates : US accounts for highest FPI investment in India, Luxembourg next in list: Sebi
- The total number of registered FPIs in India reached 11,219. This marks a slight increase from the previous year, where the number stood at 11,081.
Business News LIVE Updates : Stellantis lays off 2,450 plant workers in the US. Here’s why
- Stellantis layoffs: The job cuts will begin in early October and will impact 2,450 workers due to the planned changes at the Warren Truck Assembly Plant.
Business News LIVE Updates : Cartoon Network website killed by Warner Bros. How to watch your favorite shows?
- Cartoon Network clarified last month that the network or the studio is not shutting down after reports claimed the same.
Business News LIVE Updates : Why Olympic gold medals are much more expensive as cost of metals surged
- The medals contain six grams of gold, the price of which soared to a record in mid-July thanks to central-bank buying.
Business News LIVE Updates : Hindenburg’s new report: How stock market is expected to react today?
- Market experts predict short-term impact on stock market from Hindenburg allegations; Adani Group stocks in focus.
Business News LIVE Updates : MapmyIndia CEO calls Ola Maps a gimmick, warns people: ‘If any Indian…’
- MapmyIndia CEO Rohan Verma criticizes Ola’s mapping efforts, cites poor product quality and user complaints.
News business Latest Business News, Live Updates Today August 12, 2024: Bharti to acquire about 24.5% stake in BT Group from Altice UK