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STOCK MARKET UPDATES 23/07/2024



 

*    Zydus Lifesciences gets Mexican authority nod for cancer remedy biosimilar.

*    Indian Oil will triple gas sales and boost renewable energy to 31 GW by 2030.

*    Airport operators to conduct 3rd party audits of structural stability: Government.

*    JSW Infrastructure eyes end-to-end logistics play: CEO Arun Maheshwari.

*    Renewable energy sector to get Rs 30.5 trillion investments by 2030: Eco Survey.

*    Stallion India Fluorochemicals gets Sebi's nod to raise funds through IPO.

*    Shakti Pumps Q1 result: Net profit jumps to Rs 93 crore, revenue up four-fold.

*    Telecom technology needs capital, govt to allocate 5% of USOF for R&D.

*    India's foreign exchange reserves jump about $10 billion on the JPMorgan bond move.

*    Private capex picked up in FY24, driving growth: Economic Survey FY24.

*    India has decoupled economic growth from greenhouse gas emissions: Survey.

*    India to apply for licenses to scout the Pacific Ocean for critical minerals.

*    CRR cut to help banks facing low deposit growth: SBI MD.

*    NITI Aayog joined hands with WIPO to develop programs for countries in the global south.

*    Capital expenditure on Railways increased by 77 percent over 5 years: Economic Survey.

*    NARCL lines up another Rs 1.25 lakh crore of NPAs from banks.

*    Households not distressed are investing more in financial assets: CEA Nageswaran.

*    UCO Bank Q1 Results: Net profit jumps 147% YoY to Rs 551 crore.

*    Sebi returns draft IPO documents of recruitment solution provider Crizac.

*    Aviation regulator DGCA sets up internal working groups to develop norms for eVTOLs.

*    Annual net SIP flows doubled in the last 3 years to Rs 2 lakh crore in FY24: Economic Survey.

*    Nokia and Airtel successfully completed India's first 5G cloud RAN trial.

*    Jakson Green gets Rs 296 crore credit facility from First Abu Dhabi Bank.

*    Tourism and hospitality are well positioned to benefit from infra spend in the economy: Puneet Chhatwal, IHCL.

*    Economic Survey 2024: Banks well-positioned to finance investment demand.

*    Economic Survey: India seeks China FDI to boost electronics exports globally.

*    Goldman Sachs recruits former Morgan Stanley bankers for South Korean operations.

*    The Reliance-Disney $8.5 billion merger faces scrutiny, CCI sends antitrust queries.

*    Sanofi temporarily recalls Allegra syrup and Combiflam.

*    Allow tax deduction for health insurance in the new regime, says ICAI chief.

*    Economic Survey: Expenditure on fertilizer subsidy falls 24.6% in FY24.

*    Amazon is in talks with Swiggy to purchase the Instamart business.

*    AM Green is planning a $1 billion foray into biofuels.

*    Tata Comms gets first batch of Nvidia AI chips, and begins internal deployment: MD.

*    VC firm Lightbox considers a $100-million continuation fund to back mature startups.

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