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STOCK MARKET UPDATES 12/07/2024



 

*    Germany to bar Chinese companies' components from core parts of its 5G networks.

*    Hindustan Zinc gets power supply from Serentica 180 MW solar project.

*    JSW MG Motor to launch an electric CUV in India to take on Tata Curvv EV.

*    Sebi to auction HBN Dairies properties, fixes reserve price at Rs 67.70 crore.

*    Prestige Estates sees a 22% sales dip in Q1 FY25 due to election delays.

*    Government incentives can benefit the Indian shipping industry: G Shivakumar, GE Shipping.

*    PepsiCo's second-quarter profits jump, but demand slips with higher prices.

*    Tata Elxsi inaugurates a mobility innovation center in Bengaluru.

*    Vedanta Ltd to raise to Rs 1,000 crore via debentures.

*    India's June palm oil imports rise about 3% MoM.

*    Auto component industry to see moderate growth this fiscal: ICRA.

*    Premature to talk about interest rate cut: RBI Governor Shaktikanta Das.

*    TCS Q1FY25 results: Net profit rises 8.7% to Rs 12,040 crore, revenue up 5.4%.

*    No objection to release of engines to lessors: Crisis-hit Go First to NCLT.

*    Volkswagen partners with US startup QuantumScape for solid-state batteries.

*    Delhi Metro launches digital QR ticketing system with Amazon Pay.

*    Brookfield announces strategic investment in TN-based Leap Green Energy.

*    Indkal Technologies inks deals with Acer to manufacture, and design smartphones.

*    MGM Healthcare expands its footprint; and acquires SevenHills Hospital.

*    RBI's decision on LRS enhances the attractiveness of GIFT IFSC, says city MD.

*    Bajaj Finserv announces the launch of the Savings+ product for retail investors.

*    GeM procurement hits Rs 1.24 trillion in Q1, set to be world's largest in FY25.

*    Induce reforms in Budget to drive private consumption, says Godrej CEO.

*    Mumbai sells a record ₹12,300 crore of luxury homes in the Jan-June period.

*    Demat account additions cross 40 lakh for the fourth time in June: Market Insights.

*    Reliance Jio IPO: RIL could list its telecom arm by 2025 at a $112 billion valuation.

*    SBI unveils MSME Sahaj offering loans within 15 minutes.

*    Mirae Asset Mutual Fund launches Nifty200 Alpha 30 ETF Fund of Fund.

*    First Abu Dhabi Bank denies interest in acquiring a stake in Yes Bank: Report.

*    Brookfield invests $200 million in Leap Green Energy.

*    Alibaba leans into AI to draw shoppers beyond China.

*    EU antitrust regulators accept Apple's offer to open NFC payments to rivals.

*    JTL Industries reports a 21% YoY rise in net profit, FPIs raise stake during Q1.

*    IYDF Asia-Pacific Office Signs Regional Cooperation Memorandum with India WCF.

*    Kesoram Industries Q1 Result: loss rise by 91.18% YOY.

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