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STOCK MARKET UPDATES



 

*    Tata Sons to sell up to 23.4 mn TCS shares in a deal worth $1.13 bn.

*    Canada-based firm Fairfax offers an all-cash deal to acquire IDBI Bank.

*    P&G India appoints Kumar Venkatasubramanian as CEO effective May 1.

*    Public-sector banks asked to submit three-year business plans by March-end.

*    Government CPSE dividend collection hits a record high of Rs 61,149 crore.

*    Centre to purchase 1,650 tonnes of onions for exports to Bangladesh.

*    Govt to procure tur, masur dal directly from farmers to bolster stocks.

*    Sebi nod to T+0 settlement for limited stocks, eases norms for FPIs.

*    Indian IT services growth forecast for FY25 at 3-5%, says ICRA report.

*    BAT starts a $2 billion buyback after selling part of its stake in ITC.

*    Banks like Bank of India and HDFC Bank offer the lowest home loan interest rates. 

*    Global toy majors shifting focus from China to India, exports jumped 239%.

*    Net sugar output dips marginally at 280.79 lakh tonnes in the 2023-24 market year ending Sep: ISMA.

*    Vedanta-owned Sterlite Power Transmission said to transfer three power projects to GIC venture.

*    India has to build three new Indias in the next 25 years and that will drive demand: Thermax Group CEO.

*    Founder of EV maker VinFast launches global charging stations venture.

*    Apple is in talks to let Google’s Gemini power iPhone generative AI features.

*    NTPC to begin commercial operations of the 2nd unit of the North Karanpura power project.

*    China's economy shows signs of improvement, but its property sector is still in the doldrums.

*    Nvidia backs little-known upstart in India’s biggest AI bet yet.

*    Jio, Airtel, and Vi link equipment theft to foreign websites, and ask DoT to block them.

*    India pushes for health sector coop with Central Asia in SCO meet.

*    TSMC considering advanced chip packaging capacity in Japan.

*    FedEx and Amazon Discussed Partnership as Competition for Returning Packages Intensifies.

*    Alibaba groceries arm Freshippo CEO Hou Yi to step down and retire.

*    Reddit's IPO oversubscribed as much as five times, says the report.

*    P&G Health to expand its VMS portfolio and injectables production.

*    New India-France fund coming up to support startups and climate innovations.

*    Russia remains India's top crude supplier, imports rose 14% in January.

*    Odisha eyes ₹10,000 crore investment in textiles.

*    India's credit card market will continue in its growth path, but under the watchful eye of the regulator.

*    Tata Steel, JSW, and JSPL gain up to 5% on strong China industrial output numbers.

*    Poonawalla Fin board appoints Arvind Kapil as MD & CEO for 5 years.

*    Rites wins order worth Rs. 67.5 crore from NSIC.

*    Bulgari CEO Jean-Christophe Babin foresees India among the top 5 markets in 10 years.

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