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STOCK MARKET UPDATES 18/06/2024



 

*    IFC to fund $105 million for Brookfield’s Bikaner Solar Power Project.

*    Mahindra Lifespace eyes Rs 8-10K crore sales in housing and industrial spaces by FY28.

*    RBI cancels license of Purvanchal Co-op Bank, Ghazipur.

*    Dairy brand Sid's Farm appoints Sunil Potturi as the new Chief Technology Officer.

*    20% monsoon deficit adds to India's sweltering heatwave troubles.

*    Centre proposes ESZ for villages on the fringes of Bhitarkanika National Park.

*    Lupin appoints Abdelaziz Toumi as CEO of the newly formed arm.

*    EU cybersecurity label should not discriminate against Big Tech, European groups say.

*    Landmark EU nature restoration plan gets final approval as bloc gives the green light.

*    FPIs offload Indian equities worth Rs 3,064 crore in June so far.

*    China's central bank leaves key policy rate unchanged as expected.

*    Royalty dispute: Nestle India highlights significant gains from parent's IPRs.

*    Railways to float ₹5,000 crore tender for Kavach safety system.

*    Zomato confirms discussions with Paytm regarding its movies and events business.

*    VentureSoul Partners launches ₹600 crore tech-focused debt fund.

*    Reserve Bank of India wins risk manager of the year award 2024.

*    I Squared Capital, Stonepeak eye Vodafone’s Indus Towers stake in a $2.3 billion deal.

*    Tata Motors puts the pedal to the metal but margin and market share concerns remain.

*    FPIs slash bearish bets ahead of the Union budget, setting the stage for a rally.

*    German Chamber in China Says EU Tariffs Won’t Protect Automakers.

*    Flipkart's q-commerce entry is weeks away and will take on Zepto, Blinkit, and Instamart.

*    Alembic gets USFDA nod for generic injection to treat hereditary angioedema.

*    Gruner to set up a compressed biogas plant in Gujarat at Rs 220-crore investment.

*    FMCG companies increase prices to maintain margins due to high input costs.

*    China's May industrial output lags expectations, retail sales a bright spot.

*    Gold and silver import from UAE surges 210%, need duty revision in FTA: GTRI.

*    StanChart fails to cut US sanctions breach claims from London lawsuit.

*    FDI, R&D, manufacturing key to achieve $5 billion defense export: Study.

*    Adani gets environmental nod for Rs 45,000 crore Mundra port expansion.

*    AstraZeneca chemotherapy gets US nod for certain types of endometrial cancer.

*    Apple Intelligence gradual rollout to push AI-backed Siri for 2025: Report.

*    SoftBank Group-backed Oyo in talks to raise Rs 1,000 crore from family offices.

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