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STOCK MARKET UPDATES 09/07/2024



 

*    Torrent Power to build 50 MW solar projects for ARS Steel's power supply.

*    Tata Realty gets Rs 825 crore from IFC for advancement in Chennai green assets.

*    Blackstone Inc. is in advanced talks to acquire a controlling stake in Haldiram's.

*    L&T bags Rs 10-15K crore order to build two solar plants in West Asia.

*    Tata Group Airlines completes harmonizing operating manual ahead of the merger.

*    Life insurance companies' new business premiums were up nearly 23% in Q1FY25.

*    Economic vision and not stimulus in Modi 3.0 budget: Goldman Sachs.

*    SpiceJet faces new financial crisis over unpaid provident fund dues.

*    Sebi approves IPO of Akums Drugs, Ceigall India, Orient Tech, Gold Plus.

*    State Bank of India invites EoIs for stressed exposure in Amul Industries.

*    India will likely get coking coal from Mongolia on a Trial basis in July.

*    India employment provisionally grew at 6% in FY24 vs 3.2% in FY23, RBI data shows.

*    Vitol Asia and Bharat Petroleum are among the Sri Lanka LGP terminal bidders.

*    BYD India appoints Rajeev Chauhan as VP of electric passenger vehicle business.

*    NITI Aayog to hold the next governing council meeting on July 27.

*    Mercedes-Benz India posts record half-yearly sales at 9,262 units.

*    Mercedes is ready to invest $500 million in Indian EV biz but it has a condition.

*    Maruti Suzuki plans to dispatch 35% of total vehicle production via railways in 7-8 years.

*    MobiKwik claims to be the largest digital wallet player in terms of transaction value.

*    India's tea prices soar as extreme weather slashes output.

*    IBM to launch GenAI Innovation Center in Kochi.

*    Quant Mutual Fund investors withdraw Rs 2,800 crore amid Sebi probe: Report.

*    MahaRERA acts against 628 projects for registration, and QR code rules non-compliance.

*    Centre reopens the application window for AC and LED light parts under the PLI scheme.

*    Solar power industry seeks extension of a waiver on interstate charges.

*    Flipkart-backed Zinka Logistics Solutions files draft IPO papers with SEBI.

*    JPMorgan index inclusion makes target maturity funds ideal for attractive yields.

*    Tata Motors Q1 update: Global wholesales increase 2% YoY.

*    Telcos hiring down to 30% in FY25, job additions in 5G & expansion plans: Report.

*    Carlsberg to buy Britvic for USD 4.23 billion.

*    India To Have Over 50 World Trade Centres In the Next 5-7 Years: WTCA.

*    Boeing agrees to plead guilty in 737 MAX criminal case.

*    Apple will start iPad production in India, AirPod cases at Pune, according to the report.

*    Alstom plans to make train batteries in India for Vande Bharat, metro rail.

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