Companies News Today Live Updates September 29, 2024: AI Data Center Boom Sparks Race for Power

Live Corporate News Today: Stay one step ahead of the competition with the latest insights from the corporate world through our corporate news. This section details significant events affecting industries and markets around the world, including mergers, acquisitions, financial reporting, and strategic changes in leadership and operations. Whether you are an investor, a business professional, or simply interested in the dynamics of various industries, our reports offer an in-depth look at the events that shape the economic landscape. From start-ups to established giants, we provide you with news that will 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.

Sep 29, 2024 18:00:04 EST

Company Business News Today Live: AI-powered data center boom sparks race for power

Across the country, utilities are concerned about expanding the overloaded power grid, citing high costs and concerns about committing to data center projects.

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Sep 29, 2024 17:45:05 EST

Company Business News Today Live: $1.7B takeover brawl fueled by fear of China

The fight for control of the world’s largest zinc smelter is dominated by fears that it could one day fall into China’s hands.

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Sep 29, 2024 17:00:22 EST

Top Company Leader Live Today: Having a Politically Biased CEO Could Lead to More Misbehavior in the Company, Research Shows

According to researchers, the problem is the intensity of political beliefs, not whether the leader is conservative or liberal.

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Sep 29, 2024 16:50:22 EST

Company Business News Today Live: Apple’s new password manager is free. This is just one reason to use it.

Your passwords saved on Apple are now in one, easy-to-access place.

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Sep 29, 2024 16:17:24 EST

Company News Today Live: Authorities begin forensic investigation into Tata Electronics factory fire case

Authorities are to launch an investigation into the fire that broke out on Saturday, September 28, at the Tata Electronics Hosur factory in Tamil Nadu, which produces components for the Apple iPhone, Reuters news agency reported.

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Sep 29, 2024 15:20:49 EST

Company Business News Today Live: OpenAI’s complex path to becoming a for-profit company

Transitioning from a nonprofit organization is rare, especially for such wealthy organizations. OpenAI has two years for this.

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Sep 29, 2024 14:51:16 EST

Startups Today Live: Singapore-based Dragon Fund expects India to become its largest market

Dragon Fund expects to do at least one or two deals every quarter, several of which involve Indian startups.
This Singapore-based investment firm will focus on companies with strong unit economics and an established path to profitability.

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Sep 29, 2024 14:32:56 EST

Company Business News Today Live: Lessons for Indian IT services companies like Accenture, IBM’s lead on GenAI

IBM and Accenture are seeing significant growth in generative AI services, led by their consulting businesses. Meanwhile, Indian IT services companies such as TCS and Infosys are struggling to keep up with this momentum, grappling with lower customer spending amid rising demand for AI consulting.

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