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STOCK MARKET UPDATES 02/07/2024


 


* Godrej Properties buys land in Bengaluru for high-end residential project.


* Asset manager BlackRock to buy UK data firm Preqin for $3.2 billion in cash.


* Maruti Suzuki sales grew by 12% to 1, 79, 228 units in Jun, exports rise.


* Promoters cash out tops Rs 87,000 crore in the first half of 2024.


* Reliance Industries can add up to $100 billion to market cap: Morgan Stanley.


* M&A deal value slows down by 9% to $38 billion in first half of 2024.


* GST reduced tax rates on household goods, brought relief to people: FinMin.


* Digi Yatra policy should spell out rules on passenger info deletion: Report.


* EaseMyTrip inks MoU with UP EcoTourism Development Board to boost tourism.


* Co-working spaces up investments in ESG for rise in demand, higher rentals.


* Kia India sales zoom past 120,000 in 2024 first half; records 6% growth.


* TVS Mobility arm acquires Italy-based automotive components supplier.


* Sebi approves IPOs of FirstCry, Unicommerce and Gala.


* India recorded below-normal cumulative rainfall in June: IMD.


* India to see above-average rainfall in July, IMD says.


* Waaree Energies to supply 900 MW of modules for Solar Power Plant in Rajasthan.


* ATF price hiked 1.2% after a 6.5% cut seen in June.


* RBI, ASEAN countries to create instant cross-border retail payments platform.


* Avaada Energy gets 820 MW hybrid project from SJVN.


* ITC to double raw tobacco exports to BAT by 2025-2026.


* Ganga realty to invest Rs 1,200 crore in developing luxury housing project in Gurgaon.


* India, Australia look at increasing cooperation in critical minerals, processing.


* SJVN arm signs deal to supply 4.5 GW RE for AM Green’s ammonia facilities.


* Coal India’s production grows 8% to 189 MT in April-June.


* SBI launches online quick loan solution for MSMEs.


* Kapil Wadhawan moves NCLAT against Union Bank's insolvency plea.


* iD Fresh to ramp up manufacturing capacity for expansion beyond metros.


* Boeing agrees to buy Spirit Aero for over $4 billion: Report.


* Ola Electric poised for IPO debut, timing depends on the process: MD.


* Star Health firm on profitability path amid rising competition.


* Global oil market dynamics are shifting in favour of India’s energy plans.


* Asian Paints increases capacity of Mysuru plant to 6 lakh KL/annum.


* Rising government debt threatens financial stability, inflation, BIS Says.

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