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STOCK MARKET UPDATES 18/07/2024



 

*    TVS is ready to invest $260 million in Norton Motorcycles; India launch on plan.

*    TCS is ready to invest $1.5 billion in AI to transform the hiring process and work environment.

*    PE investments in the realty sector up 15% to $3 billion in H1: Knight Frank.

*    DMRC add over 1,100 e-autos to its fleet to boost last-mile connectivity.

*    Government overhaul nationwide weather monitoring infra for accurate forecasts.

*    Refex Green Mobility signs pact with Citroen to procure 500 e-C3 EVs.

*    1.8 million posts in the Indian financial services sector are vacant: FBSB India CEO.

*    Alphacorp is ready to invest Rs 350 crore in luxury housing project in Gurugram.

*    Fitterfly will collaborate with Google Cloud to launch an AI feature for diabetic people.

*    Government should rationalize customs duty in the Budget to boost domestic manufacturing: ICC.

*    Aerospace major P&W opens a new customer service center in Bengaluru.

*    I&B sector attracted FDI worth Rs 7,012 crore in FY24: DPIIT.

*    Crisil alerts government to watch imports amid US tariff hikes on Chinese goods.

*    Raymond's consumer care sales declined under its new owner Godrej Consumer Products.

*    J&J Q2 Results: Pharma major beats Wall Street estimates on strong drug sales.

*    Cropin partners with Google’s Gemini to launch an agri-intelligence tool.

*    India emerges as a key destination for Swiss watchmakers: Deloitte report.

*    Rising Chinese and Indian NBFC issuance may build a future USD debt wall.

*    NBFC Seeds Fincap raises over $8.5 million in funding from Lok Capital, Z47.

*    DLF expands housing and commercial property business; entering Mumbai, Goa: Chairman Rajiv Singh.

*    Consumer lighting startup Corvi LED raises $8 million from Enam Investments.

*    Oilmeals export declines by 9% in Q1 FY 2034-25; June exports down by 20%: Report.

*    The Indian IPO market is in its golden age and poised for further expansion: ACMIIL.

*    ADB retains India's growth forecast at 7% for FY25.

*    Glenmark gets USFDA approval for drugs on seizures.

*    JSW-MG Motor rolled out 5 new cars over one year.

*    India set to drive the next generation of AI innovation: Google DeepMind's Ajjarapu.

*    Mumbai’s Chhatrapati Shivaji Maharaj International Airport passenger traffic is up 7% year-on-year.

*    NCLT admits Zee group company Primat Infrapower and Multiventure into insolvency.

*    Urban Company marks its largest Esop sale as Dharana Capital hops on board.

*    Zee Ent raise Rs 1,997 crore via 10-year foreign currency convertible bonds.

*    Indian cinematic franchises set for expansion but challenges remain.

*    India is set to sign a headquarters agreement with Global Biofuels Alliance soon.

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