Business News Highlights: EU top court rules against Apple, Google in landmark cases
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5 min read | Updated on September 10, 2024, 17:45 IST
SUMMARY
Stay tuned for live updates on the latest business news, trends, and breaking developments on September 10, 2024.
EU top court rules against Apple, Google in landmark cases: Apple to pay €13 billion, Google fined €2.4 billion
The top court of the European Union on Tuesday, September 10, ruled in favour of the European Commission in two separate cases against Apple and Google. The former has been asked to pay €13 billion to Ireland in back taxes, while the latter will have to pay a fine of €2.4 billion for breaching antitrust laws. Read more.September 10, 2024, 17:44 PM
One in 13 unconnected small village gained access to power under India's electrification programme: Report
India's electrification programme significantly increased access to power, with one in 13 previously unconnected small villages and one in seven rural households gaining electricity connection, according to a new study.
The programme led to a 14% increase in household grid connections and notable improvements in basic amenities such as electric lighting and fan adoption. However, more expensive appliances did not see increased adoption. Read more.September 10, 2024, 17:24 PM
Maruti Suzuki eyes significant scale-up in exports by 2030
Maruti Suzuki India (MSI) is looking at a significant increase in its overseas shipments by 2030, MD and CEO Hisashi Takeuchi said on Tuesday. Speaking at the 64th annual session of industry body SIAM, he noted that the automaker's overseas shipments will witness "multiples of growth" in coming years. Read more.September 10, 2024, 14:55 PM
Infosys partners with Proximus Group to drive new biz opportunities
IT services firm Infosys and Belgium-headquartered digital services and communication solutions provider Proximus Group on Tuesday announced a strategic collaboration aimed at unlocking new business opportunities, according to a release.The strategic collaboration will focus on a joint go-to-market approach that will leverage products of Proximus' International affiliates, including Route Mobile's Communications Platform as a Service (CPaaS) and Telesign's Digital Identity (DI) solutions.
September 10, 2024, 13:37 PM
Home decor brand Nestasia raises $8.35 million in fundraising round from Susquehanna Asia VC, Stellaris
Home decor and lifestyle brand Nestasia has raised USD 8.35 million in a fresh funding round from Susquehanna Asia VC, Stellaris Venture Partners and notable angel investors.
The capital raise will scale the company's efforts in offline store expansion, new category launches, brand building, and hiring, according to a release.
September 10, 2024, 13:17 PM
