Latest Business News, highlights Today August 8, 2024: Vedanta to put $2.5 billion steel business sale on hold after share sale eases debt pressure: Report
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Latest news on August 8, 2024: A man walks past the logo of Vedanta outside its headquarters in Mumbai, India, January 31, 2018. (Reuters)
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Aug 8, 2024 6:25 PM IST
Business News LIVE Updates : Vedanta to put $2.5 billion steel business sale on hold after share sale eases debt pressure: Report
The Anil Agarwal-led Vedanta had been working with advisors to sell its steel business to raise around $2.5 billion for reducing the company’s debt load
Business News LIVE Updates : Godrej Industries increases hiring and introduces new policies for talent retention: Report
Godrej Industries increases hiring across sectors such as financial services (Godrej Capital), real estate (Godrej Properties), and agriculture (Godrej Agrovet)
Business News LIVE Updates : Akasa Air to become one of world’s top 30 airlines by end of the decade, co-founder and CEO Vinay Dube says
Akasa Air overtook SpiceJet, taking a market share of 5%, adding a record 24 aircraft to its fleet, the fastest any airline has done so in India so far
Business News LIVE Updates : OpenAI sought Intel’s investment 7 years ago but this decision changed AI race
Over several months in 2017 and 2018, executives at OpenAI and Intel discussed various options, including Intel buying a 15% stake for $1 billion in cash.
