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STOCK MARKET UPDATES 20/06/2024

 




*    Coal stock at thermal power plants grows 32 percent to 45 MT.

*    General Atlantic, Asia Opportunities V to sell 4% stake worth Rs 830 crore in PNB Housing Finance.

*    Salesforce and its partners expected to create 1.8 million new jobs in India by 2028: IDC report.

*    India set for a decade-high $2 billion bond inflows around JPMorgan index inclusion day.

*    Average SIP ticket size rises 2% in May to Rs 2,387.

*    8X Ventures closes India-focused deep tech fund at Rs 200 crore.

*    Jakson Green wins NTPC order to set up a project to produce 4G ethanol from flue gas.

*    Messe Stuttgart India, Indian Navy collaborates to modernize pan-India logistics infrastructure.

*    SBI Chairman pitches for tax relief on interest income in Budget.

*    Escorts Kubota withdraws plan to set up a new unit at Ghiloth in Rajasthan.

*    India's seafood exports up in volume terms; dip in value in 2023-24: Commerce minister.

*    Aditya Birla Capital to sponsor the Indian team at the Paris Olympics 2024.

*    SBI board approves raising up to ₹20,000 crore via long-term bonds in FY25.

*    DBS Bank India to Make Business Class Found ED Events Carbon Neutral.

*    Ummeed Housing Finance secures $76 million to fuel south, central India expansion.

*    RBI invites applications for recognizing self-regulatory organizations for NBFCs.

*    Axis Bank acquired an additional stake in the Max Life Insurance subsidiary for ₹336 crore.

*    Carlyle-backed Varmora eyes a pre-IPO fundraising round of up to $150 million.

*    Venus Remedies bags Oncology tender by VVHO-backed PAHO for supplying essential Cancer drugs.

*    Aditya Birla Group's TMRW invests ₹125 crore in Virat Kohil's Wrogn.

*    Nvidia’s ascent to the most valuable company has echoes of the dot-com boom.

*    India and South Korea in talks to enhance bilateral air rights.

*    Retail inflation steadily easing, food prices still a concern: RBI bulletin.

*    RBI sold a net $3.6 billion in the spot forex market in April: Monthly bulletin.

*    Auto industry grew 19% in value in FY24 as SUVs become popular: Report.

*    Tata Motors announces third price hike for CVs in 2024 amid rising commodity costs.

*    Blue Dart begins drone deliveries for couriers in partnership with Skye Air.

*    Centre to use tech to reduce time-lapse between survey and policy-making.

*    Star Health deploys an AI face tool to assist in health assessment.

*    Tata Motors-owned JLR steps up investment plan to 18 billion pounds till FY28.

*    India's coal-based power demand rose 7.3%, at an all-time high: Government.

*    Allow foreign currency transactions in India via RBI: ICT Chairman Kapila.

*    Jio outpaces Airtel in 4G/5G user additions during April.

*    DEE Development Engineers' IPO was fully subscribed on its first day.

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