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Business News Highlights: July 17, 2024
11:11 AM: Amkette’s EvoFox Deck has become an affordable game-changer, transforming phones into gaming rigs with notable success. Prior to this, no accessory has delivered such a smooth mobile gaming experience at a similar price point. Read more.
11:05 AM: Google has invested $11 million in Namma Yatri, an Indian open-source ridesharing app that provides customer connections with auto-rickshaws and cab drivers commission-free, challenging giants like Ola and Uber. Read more.
10:40 AM: Milky Mist, a South Indian dairy giant, is eyeing a ₹20,000 crore IPO to fund its expansion into North India following unsuccessful funding discussions with WestBridge. Read more.
10:08 AM: Land acquisition in Noida becomes more expensive with a six percent increase in allotment rates, affecting all categories except commercial plots. Read more.
09:57 AM: WhatsApp introduces a ‘favorites’ feature to enhance user experience, allowing for fast access to top contacts and groups. Read more.
09:51 AM: Telecom Minister Jyotiraditya Scindia met with top telecom chiefs to discuss 5G roll-out progress and challenges facing the sector, along with strategies for improving service delivery. Read more.
09:29 AM: Delhi and Maharashtra have declared several dry days in the July-September period, including Muharram, impacting liquor store operations. Read more.
08:58 AM: Motilal Oswal Mutual Fund has divested its stake in Zomato, selling for ₹646 crore, causing Zomato shares to drop by 4.71%. Read more.
08:27 AM: Elon Musk announced the relocation of SpaceX and X headquarters from California to Texas, citing new state laws as the final impetus for the move. Read more.
08:02 AM: BSE and NSE are closed today for Muharram, after hitting record highs on July 16, driven by FMCG and IT shares. Trading will resume on July 18. Read more.
Stay with us for continuous business news updates throughout the day.
Original Story https://www.hindustantimes.com/business/latest-business-today-live-updates-july-17-2024-101721183561220-amp.html
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