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STOCK MARKET UPDATES 25/07/2024



 

*    Credit rating agencies upbeat about India's fiscal consolidation plan.

*    BSNL losses narrow to Rs 5,371 crore in FY24, Ebitda at Rs 2,164 crore.

*    Hyundai ties up with the Charge Zone for the charging infrastructure for EVs.

*    Bajaj Finserv Q1 results: Net profit increases 10% to Rs 2,138 crore.

*    Fighter jets to submarines: Budget 2024 aims at major defense acquisitions.

*    RBI revamps regulatory framework for domestic money transfer services.

*    Urban Company Q1 results: Loss narrows by 70%, revenue at Rs 827 crore.

*    India is likely to amend the rules to check hot flows on bond index entry.

*    White category industries may skip pollution permits: Environment Ministry.

*    Arunachal Pradesh Dy CM presents Rs 993 crore deficit budget for FY25.

*    Mobile makers cumulatively invest Rs 8,282 crore under the PLI scheme till June.

*    DPIIT to create timelines for government agencies for clearance of FDI proposals.

*    Duty concessions in Budget 2024 to boost domestic consumer electronic manufacturing.

*    Federal Bank reports an 18% jump in net profit on core income growth.

*    OrbiMed-backed Suraksha Diagnostic files IPO papers.

*    Abolition of angel tax will boost startup ecosystem: CBDT chairman.

*    Porsche India retail sales grow 40% in the January-June period.

*    Kolkata-based Suraksha Diagnostic files IPO draft papers with Sebi.

*    Groww Mutual Fund launches ETF and FoF based on Nifty EV & New Age Automotive Fund.

*    Nissan-Renault firms up plans to launch half a dozen SUVs in India.

*    Sequoia Capital-backed Vanta raises funding at a $2.45 billion valuation.

*    BIS sanctions 82 R&D projects to IITs and other tech institutes.

*    India raised US oil imports in June and cut Russia, data shows.

*    Infra allocation, support to startups to boost innovation in the steel sector, create jobs: ISA.

*    KEC International wins an order worth Rs 1422 crore from the USA.

*    Multiples PE-backed insurer Acko acquires OneCare.

*    Axis Bank Q1 Results: Net profit rises 4% to ₹6,035 crore.

*    India's business activity at a 3-month high in July, shows HSBC PMI.

*    CG Power to acquire a 55% stake in GG Tronics for ₹319.4 crore.

*    SEBI reveals 7 out of 10 intraday trades in the cash segment made losses in FY23.

*    V-Guard Q1 results: Net Profit up 54% at ₹99 crore, margin at 10.5%.

*    HUDCO signed Ma oU with the Rajasthan Government for infra projects.

*    Apple is under investigation in Spain over the treatment of App Store developers.

*    Alembic Pharma gets US FDA and ANDA nod for Luphenazine Hydrochloride Tablets.

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