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STOCK MARKET UPDATES 15/07/2024



 

*    HAL aims to deliver the first LCA Mark 1A by Aug 15; GE engine supply by September.

*    India records 163% increase in electronic waste, says UNCTAD report.

*    Industry body urges FM Sitharaman to continue the 45-day MSME payment rule.

*    HCLTech Q1FY25 results: Net profit rises 20.4% to Rs 4,257 crore.

*    Airways major Lufthansa slashes 2024 profit target for a second time.

*    Nabard arm launches Rs 750 crore agri fund to finance startups, rural cos.

*    Forex reserves jump $5.16 billion to $657.16 billion as of July 5: RBI data.

*    Airbnb sees a 30% bookings surge from Indian guests for the Paris Olympics.

*    Fintech firm Partior raises a $60 million Series B round led by Peak XV Partners.

*    Major credit card issuers go live on Bharat Bill Payment Systems.

*    Citigroup's profit climbs on investment banking surge, services strength.

*    Credit card spending upwards despite rising risk weights, says Visa.

*    Crude prices to average at $83-88 in FY25, may increase govt fiscal burden: CRISIL.

*    Signature Global to launch housing projects worth Rs 13,000 crore by March next year: CMD.

*    Exports positive in April-June quarter despite global challenges: Piyush Goyal.

*    India's overall SDG score on the national index up in 2023-24 at 71: NITI Aayog report.

*    Fitch Ratings revises outlook on Tata Steel to negative amid uncertainty surrounding UK biz.

*    Airbus launches new cost-cutting drive after output woes, sources say.

*    Aviation regulator DGCA allows IndiGo to carry pre-flight briefing data in digital form. 

*    Oppo expects to maintain double-digit growth in Reno series sales.

*    Wells Fargo Q2 Results: Profit falls, misses estimates on deposit costs.

*    Residential launches decline 11% in first half of 2024: Report.

*    Air Liquide India sets up a manufacturing unit in Mathura with Rs 350 crore.

*    Essar Energy Transition to build Europe's first hydrogen-fuelled power plant.

*    India sees industrial output grow 5.9% in May, led by mining and power sectors.

*    Instead of a merger plan, MTNL operations are to be given to BSNL, says the report.

*    PC Jeweller to raise ₹2,705 crore via share warrants issue.

*    Anicut Capital to raise ₹1,500 crore for its largest private credit fund.

*    NELCO Q1 Results: profit falls by 20.42% YOY.

*    K&R Rail Engineering Ltd signs an MOU with South Korean major UNECO.

*    Coal India plans to ease e-auction rules to stoke demand.

*    KBC Global Ltd has handed over possession of 109 Residential units in Nashik.

*    Budget may lay out Vision 2047 to build roads worth ₹20 trillion.

*    Filatex Fashions Ltd Board Approves 5-for-1 stock split.

*    Over 15,000 investor complaints received in Q1 FY25, over 7,000 in June alone.

*    RBI and Sebi must redo their overseas investment policy for AIFs.

*    Earnings Preview: Cement companies will likely report subpar performance in Q1FY25.

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