Thursday, October 10, 2024

Companies News Today Live Updates on October 1, 2024: IT Sector Q2 Results Preview: TCS, Infosys likely to lead revenue growth, margins to remain mixed

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Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations. Whether you’re an investor, a business professional, or simply interested in the dynamics of various industries, our reports offer a deep dive into the developments that shape the economic landscape. From startups to established giants, we bring you the news that matters to help you make informed decisions in a rapidly changing business environment.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

01 Oct 2024, 01:41:38 PM IST

Company Results Today Live: IT Sector Q2 Results Preview: TCS, Infosys likely to lead revenue growth, margins to remain mixed

  • IT Sector Q2 Results Preview: For Tier-I companies, revenue growth is expected to range from flat to +3.0% quarter-on-quarter (QoQ) in Constant Currency (CC) terms. Meanwhile, Tier-II companies are projected to experience revenue growth between flat to +4.5% QoQ CC.

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01 Oct 2024, 11:14:33 AM IST

Company News Today Live: Sony Pictures, studio behind ‘The Crown’ and ‘Jeopardy,’ gets a new boss

  • CEO Tony Vinciquerra gave priority to selling content to streamers; President Ravi Ahuja will take over the top job.

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01 Oct 2024, 11:05:11 AM IST

Company Business News Today Live: Mint Explainer: SC continues to hear Jet Airways ownership dispute – What’s at stake

  • The Supreme Court’s decision could determine whether Jet Airways gets revived or heads for liquidation.

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01 Oct 2024, 09:56:54 AM IST

Company News Today Live: M&M auto sales rise 16% YoY to 87,839 units in September; tractor sales up 2%; stock gains

  • M&M’s Passenger Vehicles (PV) sales stood at 51,062 units in the domestic market, a growth of 24% from 41,267 units sold in September 2023.

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01 Oct 2024, 08:05:09 AM IST

Company News Today Live: Sony Pictures head Tony Vinciquerra to step down from CEO role; Ravi Ahuja named successor

  • Sony Pictures Entertainment Chairman and CEO Tony Vinciquerra to Step Down from CEO Role January 2, 2025 Ravi Ahuja Named President and CEO, Sony Pictures Entertainment

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01 Oct 2024, 06:35:53 AM IST

Company News Today Live: SoftBank to invest $500 million in OpenAI, information says

  • SoftBank Group Corp.’s Vision Fund is planning to invest $500 million in OpenAI as part of a larger funding round, the Information reported on Monday, citing a person familiar with the deal.

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01 Oct 2024, 06:15:06 AM IST

Company Business News Today Live: Edelweiss prepares to list its alternatives arm

  • The IPO, which is partly aimed at reducing the parent company’s debt, is likely to be predominantly an offer for sale.

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01 Oct 2024, 12:05:08 AM IST

Company Results Today Live: TCS Q2 Update: IT giant to declare July-Sept quarter results on October 10, consider second interim dividend for FY25

  • TCS Q2 Update: India’s largest IT services giant will announce its Q2FY25 results on October 10 and will also consider its second interim dividend on the same day.

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