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STOCK MARKET UPDATES 10/07/2024



 

*    LIC Mutual Fund appoints Nikhil Rungta as Co-Chief Investment Officer–Equity.

*    L&T's semiconductor arm acquires Bengaluru-based SiliConch Systems.

*    India's defense exports soar to Rs 21,083 crore, SIDM reports.

*    ONGC will invest Rs 2 lakh crore to meet the net zero emission target.

*    Skincare brand mCaffeine partners with GoKwik to boost D2C revenue.

*    Viacom18 gets the right to broadcast Ultimate Table Tennis.

*    Gopal's Sweets to invest Rs 150 crore to set up a manufacturing unit in MIEZ.

*    Temasek expects India's growth to remain firm over the next 2 years, recovery in private consumption.

*    Gaming industry to grow to Rs 25,300 crore by end of 2024-25: report.

*    Tata Realty plans to triple its office space portfolio in 7 years.

*    Yes Bank stake sale report needs to be corrected, got no approval from RBI: Bank clarifies.

*    FY25 will see a 7-9 percent growth in two-wheeler sales, down from 9.8 percent in FY24.

*    Inflows into equity funds rose 17% to ₹40,608 crore, SIPs hit ₹21,262 crore.

*    Moody's keeps India's 2024 economic growth forecast unchanged at 6.8%.

*    L&T bags order worth 2,500 crore from Hindustan Shipyard.

*    Domestic air passenger traffic up 6% YOY in June 2024: ICRA.

*    Microsoft mandates Apple iPhones for China employees to enhance security.

*    CPA orders Yatra to refund booking amounts affected by the COVID lockdown.

*    SEBI committee proposes stricter measures to curb derivatives volume surge.

*    Kaka Group’s Social Initiative: 500 kWh Solar Power for Sustainable Operations.

*    Agritech firm AgroStar in talks to raise $40-50 million to expand private labels.

*    Sberbank is ready to renegotiate high transaction fees with Indian importers.

*    GM Breweries Q1FY25 results: Revenue up 3.8% at Rs 152.4 crore.

*    Xiaomi aims to double the export of devices from India to 700 million by 2034.

*    Kalpataru Projects International ups fund limit via NCDs to Rs 1,600 crore.

*    Rajasthan plans 30 Gw solar power by FY25-end; aims to become self-reliant.

*    Alembic Pharma receives USFDA nod for Bromfenac Ophthalmic Solution.

*    Reliance Retail plans to launch a sports format to compete with Decathlon.

*    Crisis-hit Paytm gets government panel's nod to invest in payments arm.

*    Cognizant settles CFO lawsuit with Wipro; pays Rs 4 crore in settlement.

*    Financial inclusion index rises with growth across all segments, says RBI.

*    Tech Mahindra adopts Microsoft Co-pilot GenAI tool to 'modernize workplace'.

*    HDFC Ergo General Insurance processes its first claim on the NHCX platform.

*    Honda sales on top gear; gap with Hero reduces to 45,000 units in June.

*    Stopped sale of 14 suspended products: Patanjali tells Supreme Court.

*    The government may relax the 45-day payment rule for MSMEs in the Union Budget 2024.

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