Thu Oct 17 17:22:36 UTC 2024: ## Business Headlines: Adani, Apple, and Beyond

**Adani Enterprises sees strong demand in its QIP, raising ₹4,200 crore.** The company successfully raised the funds through the issuance of shares, highlighting investor confidence in the business.

**Apple faces executive exodus, with HR Chief the latest to leave.** The company’s high turnover rate among senior executives raises concerns about internal dynamics and leadership.

**PM Modi emphasizes NDA’s commitment to national progress and empowering the poor.** This statement comes ahead of upcoming elections, highlighting the government’s focus on economic growth and social welfare.

**Royal Air Force scrambles jet after bomb threat on Air India flight.** The incident underscores the heightened security measures in place following recent global events.

**Skyscanner CEO forecasts India as a top 3 market.** The travel platform’s CEO highlights the growing Indian travel market and its potential for expansion.

**Former HDFC executives launch new home loan venture, securing ₹800 crore funding.** The initiative highlights the burgeoning fintech sector and its focus on innovative financial solutions.

**Government amends guidelines for disposal of enemy properties.** This move aims to streamline the process for reclaiming assets held by foreign entities.

**India-Canada tensions may impact travel plans.** The ongoing diplomatic row threatens to disrupt travel arrangements between the two countries.

**GE Aerospace’s LM2500 engine to power Indian Navy’s next-generation missile vessel.** The agreement reinforces the strong partnership between India and GE Aerospace, solidifying the country’s naval capabilities.

**5G download speeds decline in India due to network congestion.** A report reveals that despite the launch of 5G, network congestion has led to decreased download speeds.

**Netflix launches “Stranger Season” ahead of “Stranger Things” finale.** The streaming platform is preparing for the show’s final season with a dedicated promotional campaign.

**Reliance forms joint venture with Mothercare.** The partnership aims to enhance the retail experience and offer a wider range of products to customers.

**EPFO extends enhanced insurance benefits retrospectively.** The decision provides increased financial security for EPFO members, effective from April 28th.

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