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STOCK MARKET UPDATES 22/04/2024




*    Wipro Q4 results: Net profit drops 8% to Rs 2,835 crore, revenue down 4.2%.

*    Strong growth momentum provides RBI policy space to focus on price stability: Das.

*    ABFRL board approves vertical demerger of Madura Fashion and Lifestyle biz.

*    Delhi continues its run as the most forgetful city: Uber Lost & Found Index.

*    HDFC Bank announces Rs 1,500 crore ex-gratia for staff appreciation.

*    Direct tax collections exceed estimates in FY24; jump 18% to Rs 19.58 trillion.

*    UltraTech Cement buys grinding unit from India Cements, announces expansion.

*    Tata Group seeks regulatory approval to avoid listing NBFC, says the report.

*    EPFO net subscribers addition rises over 19% to 16.5 million in FY24.

*    InterGlobe and Archer Aviation plan electric air taxis from CP to Gurugram.

*    G7 warns of new sanctions on Iran for drone attack, urges de-escalation.

*    Air India flights to Tel Aviv will remain suspended till April 30.

*    Bank credit surges 16% in the making fiscal year, marking the fastest growth in a decade.

*    AIGF estimates a USD 2.5 billion GST loss from offshore illegal, betting firms.

*    On a high base, Oberoi Realty sales bookings were down 53 pc to Rs 4,007 crore in FY24.

*    Hero MotoCorp inaugurates an assembly unit in Nepal.

*    Ola Cabs plans a $500 million IPO, to appoint banks soon: Report.

*    Tata Group seeks waiver from RBI to avoid Tata Sons IPO: Report.

*    Agritech startup Ecozen raises $30 million in funding.

*    WHO says wider alert on contaminated J&J cough syrup 'likely'.

*    Indo Count acquires global home fashion brand Wamsutta.

*    PE/VC investments decline marginally in March quarter: Report.

*    Ashok Leyland, South Indian Bank ink pact for dealer financing.

*    Wider conflict in the Middle East may lead to rise in inflation: BoB Report.

*    Insurance regulator IRDAI abolishes age restrictions on health insurance products.

*    Jio Financial Services Q4 results: Net profit jumps 6% QoQ to ₹310.6 crore.

*    HDFC AMC Q4 results: Net profit increases to ₹541 crore.

*    HDFC Bank Q4 results: Net profit at ₹ 16,512 crore, NII rise to ₹ 29,007 crore.

*    Gokaldas Exports eyes ₹600 crore via QIP; Goldman Sachs, and Fidelity, show interest.

*    Netflix to shift focus from viewer count to engagement metrics.

*    Vodafone Idea FPO subscribed 49% on day 2.

*    Indian exports to key markets tepid in FY24, blamed on global tensions.

*    Apple set to scale up production in India, employing 5 lakh people in the next 3 years.

*    Hindustan Zinc Q4: Net profit falls 21% to ₹2,038 crore, revenue down 11% YoY.

*    Singapore orders recall of Everest fish curry masala over pesticide presence.

*    Swaraj Engines Q4 FY24 Results Live: profit rise by 0.62% YOY.

*    Reliance IndusInfrastruct Q4 FY24 Results: profit falls by 68.01% YOY.

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