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STOCK MARKET UPDATES 11/07/2024



 

*    Siemens bags order for electrification of Bengaluru Metro phase 2.

*    SBI raises Rs 10,000 crore at a coupon of 7.36% in 15-year infra bonds.

*    Telecom equipment production sales cross Rs 50,000 crore under the PLI scheme.

*    Zydus Life gets USFDA approval to market heart failure treatment drug.

*    EMPS 2024: OEMs can claim incentives twice a month, and Aadhaar is mandatory.

*    Uber sees rise in Indian travelers using the app abroad, sets summer record.

*    India-EFTA FTA: Goyal to meet investors in Switzerland on FDI commitment.

*    State-owned CIL firms up coal gasification joint venture plan with Bhel.

*    Vedanta going ahead with the demerger of businesses, says Anil Agarwal.

*    HDFC MF stops new SIP registrations in defense fund amid valuation concerns.

*    Battery energy storage capacity grows 4-fold to 219 MW in Q1: Report.

*    Spirits set to overtake wine as global drinking habits take a turn.

*    Tata Elxsi Q1 Results: Net profit falls 3% YoY to Rs 184 crore.

*    India Ratings sees a rise in private consumption led by rural demand.

*    Commercial vehicle sales volume to fall 3-6 percent in FY25: Report.

*    Eton Solution onboards NR Narayana Murthy’s family office as the first client.

*    India can become the intelligence capital of the world: Nvidia South Asia MD.

*    Construction companies likely to report subdued growth in Q1 amid lower awarding of projects, and slow execution.

*    Most telecoms want a price reduction in the 40GHz spectrum band.

*    Gurmeet Chahal was appointed as CEO of Quess Global Technology Solutions.

*    RBI deputy GUV flags concerns over the quality of disclosures by some NBFCs.

*    Government caps interest equalization at Rs 1.66 crore per IEC for July-August.

*    Expecting 30-40 million monthly transactions by March 2025: ONDC CEO T Koshy.

*    Glenmark Pharma to offload a 7.84% stake in Glenmark Life Science through OFS.

*    Yes Bank’s $5 billion stake is said to attract lenders from the Middle East, and Japan.

*    SAT gives Religare time to comply with Sebi's order in Burman's open offer case.

*    Rajasthan Budget proposes ₹27,000 crore for the health sector.

*    XUV 700 price cut not linked with UP's new vehicle policy: Mahindra and Mahindra.

*    Flipkart Launches Home Appliances and Electronics of American Giant Admiral.

*    Zee Media appoints Karan Abhishek Singh as CEO of the company.

*    Nor fund, DEG in $250-million race for stake in Indi Grid's power transmission platform.

*    India head of PE firm CVC Capital on his way out, firm might appoint new MD.

*    OECD urges action to tame lobbying as industrial policy takes hold.

*    Chinese auto exports surge 29%, partly offsetting the 7.4% sales slump at home.

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