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STOCK MARKET UPDATES




*    Centre to boost steel companies' green transition.

*    Pharma companies seek a one-time nod to delink from WPI and avert price cuts.

*    PNB raises profit guidance to Rs 7,000 cr for FY24.

*    Utkarsh Small Finance Bank Q3 profit jumps 23% YoY to Rs 116 crore.

*    Electronics, and engineering goods among six focus sectors for the $1 trillion exports target.

*    State revenue grows 5% till Nov against 17.4 budgeted for FY24: Report.

*    As many as 431 infrastructure projects show a cost overrun of Rs 4.82 lakh crore in December.

*    Lodha records a 179% on-year rise in Q3 net profit at Rs 570 crore.

*    Karnataka Bank to raise Rs 100 cr equity from ICICI Lombard.

*    Piramal Enterprises to sell full 20% stake in Shriram Investment Holdings for Rs 1,440 crore.

*    India's gas demand to rise 6% in 2024: IEA.

*    IRB Infrastructure Trust wins Rs 1,720 crore arbitration award.

*    US fund Platinum in talks to buy Inventia Health.

*    Television may cost 10% more as prices of open cells continue to increase.

*    CEAT eyes opportunity in replacement tyre market growth fuelled by PV sales.

*    50 trials underway as drugmaker AstraZeneca eyes import of critical drugs.

*    Shriram Group to enter wealth management in FY25, awaits RBI's nod.

*    Jubilant Pharma to sell stake in Sofie Biosciences for $139.43 million.

*    The Commerce Department mulls strategy to help the industry leverage FTAs better.

*    Average flat size expands 11% in 2023, demand rises for bigger homes: Anarock.

*    BSNL puts 7.5 acres of land in Lucknow on the block.

*    India’s green energy capacity up 138% between FY14 and FY23.

*    CNH plans to invest up to $50 million in India in 2024; launch 105HP tractor in May.

*    Investor interest wanes in Covid-buoyed startups.

*    Longer disruptions at Red Sea trade route may hurt auto, electronics production: GTRI.

*    Centre, industry, and global experts to discuss trade regime of sensitive goods, and tech on Jan 30.

*    Unpaid dividend claims may top 45,000 in FY24.

*    FPIs take out Rs 24,700 cr from equities on rising US bond yields.

*    Adani puts Hindenburg behind with a $3-billion fundraising plan.

*    Swiss chocolatier Läderach eyes expansion in India.

*    Higher education institutions to be assessed under the Binary Accreditation system.

*    Diagnostic centres in focus to ease the burden on hospitals.

*    Sebi extends the deadline for listed entities to either confirm or deny rumours.

*    North Korea fires cruise missiles near the Sinpno area.

*    China Evergrande seeks to avoid liquidation at the wind-up hearing on January 29.

*    Bernard Arnault surpasses Elon Musk as the richest person in the world.

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