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STOCK MARKET UPDATES 07/06/2024



 

*    Tata Steel says in talks with Dutch government on proposed decarbonization roadmap.

*    Zoho applies for the semiconductor manufacturing facility in India.

*    RBI sets up a panel to track online payment frauds; AP Hota heads the committee.

*    ZEE board approves raising Rs 2,000 crore through equity or other modes.

*    SBI and Muthoot Microfin join forces to support women entrepreneurs.

*    Paytm reports almost flat growth in UPI payments in May.

*    Sebi issues financial disincentive guidelines for bourses & other MIIs for surveillance lapses.

*    China says it never uses EV subsidies barred by WTO.

*    China's Space Pioneer raises $207 million to fund rocket development.

*    India to spend up to $385 billion to meet renewable energy target, Moody's Ratings estimates.

*    Sony India elevates Jaideep Janakiram to head of International business.

*    Wipro bags $550 million deal from US communication service provider.

*    HUL appoints Arun Neelakantan as executive director of customer development.

*    Eighth round of India-EU free trade talks to start on 23 June.

*    Struggling MX Player to offload key assets to Amazon.

*    BJP's inability to get majority could hurt ambitious reform agenda: Fitch.

*    ITC shareholders approve demerger of hotel biz with 99.6% majority votes.

*    Centre plans to procure 1mt of chana dal at market price to replenish buffer.

*    GOP lawmakers say Chinese battery suppliers tied to Ford and VW should be banned.

*    Cummins India battles stiff competition and export challenges.

*    Bigbasket eyes quick commerce for electronics with Croma tie-up.

*    Federal regulators grant antitrust probe into Microsoft, OpenAI and Nvidia.

*    NCLAT dismisses plea filed by foreign investors against tech giant Byju's.

*    In May, Domestic air passenger traffic grows 5.1% to about 138.9 million: ICRA.

*    Sebi warns ICICI Bank over investor outreach for ICICI Securities delisting.

*    Orient Green Power eyeing to raise authorized share capital to Rs 2,500 crore.

*    Over $23 billion of sustainable infra projects were identified at the IPEF eco forum meet.

*    AC sales may touch a new record of 14 million units by the end of 2024: CEAMA.

*    PNB MetLife appoints Sameer Bansal as MD, CEO; to succeed Ashish Srivastava.

*    BlackRock, Citadel Sec-backed group to start new stock exchange in Texas.

*    Nisaba Godrej resigns from VIP Industries board over leadership differences.

*    Google acquires Cameyo to bring visualized Windows apps on ChromeOS.

*    Nazara Tech arm to acquire US-based Soap Central.

*    Kalpataru Projects Board to meet on June 10 to mull fundraise.

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