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Business News Highlights – September 28, 2024

Stay informed with the most recent updates and key events from the business world, stock market, and more. Our real-time news coverage ensures that you never miss out on significant happenings.

Latest Updates and Insights

Breaking News on Anil Ambani and Reliance Power

Sep 28, 2024, 5:31 PM IST
Reliance Power, helmed by Anil Ambani, is making headlines as it moves forward with plans to raise funds through a stake sale. This marks the second official meeting since September 23, 2024, when the board sanctioned a ₹1,524.60 crore preferential issue. This strategic step is vital for bolstering the company’s financial health and operational capabilities in a rapidly evolving market.

Jensen Huang Promotes Nuclear Power

Sep 28, 2024, 4:24 PM IST
In an effort to bolster data center capabilities amid rising energy demands, Nvidia’s CEO Jensen Huang is advocating for nuclear power as a sustainable energy solution. He highlights that in various regions, inadequate electricity generation hampers the establishment of new data centers, thus igniting a conversation around alternative energy sources.

Adani Group’s Billion-Dollar Data Center Expansion

Sep 28, 2024, 3:35 PM IST
The Adani Group is poised to invest an impressive $4 billion to expand its data center business, a move spurred by the ever-growing demand driven by artificial intelligence technologies. Despite only holding 2.5% of India’s data center market share, the company has seen a substantial increase in orders, indicating a shift in market dynamics favoring those who adapt swiftly to technological advancements.

Government Adjusts Healthcare Costs

Sep 28, 2024, 2:03 PM IST
In recent developments, the government has revised the Central Government Health Scheme (CGHS) rates for critical medical devices, including Deep Brain Stimulation (DBS) implants and Spinal Cord Stimulators. This adjustment reflects the need to make essential healthcare more accessible to citizens facing high medical costs.

Controversial Luxury Watches from Donald Trump

Sep 28, 2024, 12:26 PM IST
Donald Trump is reportedly selling luxury watches priced at $100,000. This has raised questions about their actual value and consumer interest in high-priced collectibles amidst an economically sensitive environment.

New Benefits for Central Government Pensioners

Sep 28, 2024, 12:12 PM IST
A new proposal aims to provide additional benefits to Central Government pensioners under the CGHS. This initiative comes as a response to the financial pressures on retirees, who often face steep, one-time contributions to access healthcare benefits.

Innovative Gym Solutions in Japan

Sep 28, 2024, 10:43 AM IST
Innovative gym experiences are emerging in Japan, where facilities now offer laundry services, karaoke, and hair removal machines. The Chocozap chain has become the leading gym in terms of membership, demonstrating a growing trend of multifunctional wellness spaces.

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Disclaimer: This live blog is generated by AI and has not undergone editorial review by the Hindustan Times team.

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