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Latest Business News Live Updates Today, July 9, 2024

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  • Tue, 09 Jul 2024 08:49 PM

    LIVE Business News Updates: India’s food services sector to reach ₹7.76 lakh crore by FY28: NRAI

    • The sector has recovered from the setback of the COVID-19 pandemic, during which it shrank to ₹2 lakh crore in FY2021, down from ₹4.24 lakh crore in FY2020.

    Read the full story here

  • Tue, 09 Jul 2024 08:18 PM

    LIVE Business News Updates: Cognizant pays ₹4 crore to settle CFO Jatin Dalal’s lawsuit with Wipro: Key takeaways

    • Cognizant said former Wipro senior vice president (SVP) Mohammad Haque’s lawsuit with Wipro has also been resolved.

    Read the full story here

  • Tue, 09 Jul 2024 08:03 PM

    Business News LIVE Updates: Mahindra XUV700 AX7 prices slashed by over ₹2 lakh: How much will it cost and by when?

    • Mahindra & Mahindra said the model will be available at a special price only for a period of four months, starting July 10.

    Read the full story here

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  • Tue, 09 Jul 2024 07:49 PM

    Business News LIVE Updates: US Stock Market: S&P 500, Nasdaq open at fresh record highs ahead of Jerome Powell testimony

    • Jerome Powell’s appearance before the Senate committee comes amid expectations of interest rate cuts in late 2024, which have contributed to recent record highs.

    Read the full story here

  • Tue, 09 Jul 2024 07:43 PM

    Business News LIVE Updates: Dyson layoffs: Company to cut around 1,000 jobs in Britain

    • Dyson layoffs: The company, founded by James Dyson, employs 3,500 people in Britain.

    Read the full story here

  • Tue, 09 Jul 2024 07:21 PM

    Business News LIVE Updates: Gujarat’s non-major ports see 15% rise in cargo traffic in Q1

    • This increase was mainly driven by private ports and captive docks, which handled more than 90% of the total cargo

    Read the full story here

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  • Tue, 09 Jul 2024 05:22 PM

    Business News LIVE Updates: Domestic air passenger traffic up 6% in June 2024: ICRA

    • Rating agency ICRA said the momentum in air passenger traffic witnessed in FY2024 is expected to continue in FY2025

    Read the full story here

  • Tue, 09 Jul 2024 04:05 PM

    Business News LIVE Updates: Emcure Pharmaceuticals IPO debuts tomorrow: Everything you need to know before the listing

    • Emcure Pharmaceuticals IPO Listing: Prior to listing, Emcure Pharma IPO GMP was +352, which indicates that the company’s share price was trading at a premium.

    Read the full story here

  • Tue, 09 Jul 2024 03:50 PM

    Business News LIVE Updates: How much can you save with hybrid car registration fee waiver in Uttar Pradesh

    • The exemption applies to popular models like Maruti Suzuki’s Grand Vitara and Invicto, Toyota’s Hyryder and Innova Hycross, and Honda’s City.

    Read the full story here

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  • Tue, 09 Jul 2024 03:40 PM

    LIVE Business News Updates: Equity fund inflows surge 17% to ₹40,608 crore in June, a new high: AMFI data

    • Flows into large-cap companies rose 46% to Rs 9.7 billion, a three-month high, supported by policy continuity and macroeconomic stability.

    Read the full story here

  • Tue, 09 Jul 2024 03:15 PM

    Business News LIVE Updates: Paytm management summoned by labour commissioner over alleged layoffs: Report

    • As per the notice, Paytm management representatives and complainants have been asked to appear at the department office along with the records.

    Read the full story here

  • Tue, 09 Jul 2024 02:51 PM

    Business News LIVE Updates: Tata Motors slashes price of Harrier, Safari to provide benefits up to ₹1,40,000

    • The company said it will reduce the price of Safari, Harrier, Nexon, Punch, Sierra and Safari.

    Read the full story here

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  • Tue, 09 Jul 2024 02:36 PM

    Business News LIVE Updates: Sale of 14 suspended products stopped: Patanjali tells Supreme Court

    • Patanjali told the Supreme Court that it has issued directions to 5,606 franchise stores to withdraw these products.

    Read the full story here

  • Tue, 09 Jul 2024 02:26 PM

    LIVE Business News Updates: LIC asks shareholders to update these details to avoid higher TDS on dividends: Check deadline

    • Dividends will be paid to members who hold common stock of the Corporation, whether in real or electronic form.

    Read the full story here

  • Tue, 09 Jul 2024 01:47 PM

    Business News LIVE Updates: Good news for car buyers: Uttar Pradesh scraps registration tax on these cars

    • Currently, Uttar Pradesh levies an 8% road tax on vehicles priced below ₹10 lakh and a 10% tax on vehicles priced above ₹10 lakh (ex-showroom).

    Read the full story here

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  • Tue, 09 Jul 2024 01:36 PM

    LIVE Business News Updates: Is there a deadline for LPG eKYC compliance? Hardeep Singh Puri clarifies

    • Hardeep Singh Puri said, “It has also been clarified by the OMCs that there is no ‘clustering’ of customers in showrooms of LPG distributors.”

    Read the full story here

  • Tue, 09 Jul 2024 12:56 PM

    LIVE Business News Updates: HDFC Bank scheduled downtime on July 13: What services you can and cannot use this Saturday

    • HDFC Bank Outage on July 13: The scheduled outage is on Saturday and will begin at 3 AM and end at 4:30 PM on the same day.

    Read the full story here

  • Tue, 09 Jul 2024 12:23 PM

    Business News LIVE Updates: Oil prices hold steady as concerns over Hurricane Beryl damage ease

    • Brent crude futures rose 4 cents to $85.79 a barrel by 0622 GMT, while U.S. West Texas Intermediate (WTI) crude rose 2 cents to $82.35.

    Read the full story here

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  • Tue, 09 Jul 2024 11:35 AM

    LIVE Business News Updates: Why Maruti Suzuki Shares Are Rising Nearly 5% Today: Should You Buy?

    • This year, Maruti Suzuki shares have risen over 22%, outpacing the Nifty 50 index’s 12% rise.

    Read the full story here

  • Tue, 09 Jul 2024 11:09 AM

    Business News LIVE Updates: This is the most accessible country in the world for immigrants in 2024: India in top 10

    • Asian countries dominated the 2024 list, taking 6 of 10 positions. Southeast Asia stood out with Vietnam, Indonesia, the Philippines and Thailand in the top 10.

    Read the full story here

  • Tue, 09 Jul 2024 10:33 AM

    LIVE Business News Updates: Yes Bank shares clarification on 51% stake sale report: ‘Factally incorrect’

    • Yes Bank has said the report about the Reserve Bank of India (RBI) giving the green signal for sale of 51 per cent stake is factually incorrect and purely speculative.

    Read the full story here

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  • Tue, 09 Jul 2024 10:18 AM

    Business News LIVE Updates: Microsoft Gives iPhones to Employees in China Who Use Android Phones for Work

    • Microsoft will offer an iPhone 15 as a one-time purchase, and they will be available for pickup at multiple centers in China.

    Read the full story here

  • Tue, 09 Jul 2024 09:47 AM

    LIVE Business News Updates: MCX Technical Glitch: Commodity Trading to Start with One Hour Delay at 10 AM

    • MCX will start commodity trading with an hour delay at 10 am today due to technical issues.

    Read the full story here

  • Tue, 09 Jul 2024 09:35 AM

    Business News LIVE Updates: Mukesh Ambani’s Reliance Retail Plans Decathlon-Like Sports Brand: Report

    • Reliance Retail is planning to lease out 740-900 sq m of space in prime locations across major cities for an as-yet-unnamed brand.

    Read the full story here

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  • Tue, 09 Jul 2024 09:00 AM

    LIVE Business News Updates: US Stock Market Could Fall 10% Soon: What Morgan Stanley’s Top Strategist Said

    • Morgan Stanley chief strategist Mike Wilson said “the chance of a 10% correction is highly likely sometime between now and the election.”

    Read the full story here

  • Tue, 09 Jul 2024 08:27 AM

    Business News LIVE Updates: Zerodha’s Nikhil Kamath says he invested ₹400 crore in this liquor company: ‘I have never spoken about it publicly’

    • Nikhil Kamath’s stake in the liquor company is valued at approximately ₹400 crore and was acquired through open market transactions.

    Read the full story here

  • Tue, 09 Jul 2024 08:09 AM

    LIVE Business News Updates: Meet Chris Espinosa: Apple’s longest-serving employee who joined the company at age 14

    • When Steve Jobs left Apple in 1985 to launch the educational computer company NeXT, Chris Espinosa was a senior Apple employee.

    Read the full story here

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  • Tue, 09 Jul 2024 07:40 AM

    LIVE Business News Updates: Hyundai Faking US Electric Car Sales Data? ‘Instead of Organic Growth…’

    • The lawsuit claims Hyundai Motor America Corp (HMA) pressured dealerships to improperly use inventory codes intended for “loaner” vehicles to exaggerate their sales figures.

    Read the full story here

  • Tue, 09 Jul 2024 07:32 AM

    Business News LIVE Updates: Elon Musk’s X Manually Reviewing Users’ Direct Messages? What He Said

    • The new update goes against the policy of providing end-to-end encryption for all content on the platform.

    Read the full story here

  • Tue, 09 Jul 2024 07:12 AM

    Business News LIVE Updates: Mahanagar Gas hikes rates for CNG, domestic PNG in Mumbai: Check latest prices here

    • The price of delivered CNG will be increased by ₹1.5 per kg while domestic PNG will see an increase of ₹1/SCM, the statement said.

    Read the full story here

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