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STOCK MARKET UPDATES 06/08/2024



 

*    Cargo traffic at major ports grows 5.92% to 70.08 million tonnes in Jul: IPA.

*    CIL and GAIL signed the agreement to set up the coal-to-synthetic natural gas project.

*    Centre to invest Rs 18,000 crore to build agri-export clusters: Chouhan.

*    Sunkind Energy secures 20 MW solar projects in Punjab, Maharashtra.

*    Adani Energy Solutions raises $1 billion and gets bids from US investors.

*    Ola Electric IPO fully subscribed on day 2, retail portion booked 3 times.

*    Haryana Cabinet had given the nod to buy 10 more crops at the minimum support price.

*    Yuva Term to Digi Term: LIC launches new products across categories.

*    CtrlS Datacenters invest Rs 400 crore in Patna's upcoming data center.

*    Byju Raveendran filed a caveat in SC a day after getting control of the company.

*    Canara Bank invites counterbids for Indira Container via Swiss auction.

*    L'Oreal plans to acquire a 10% stake in Swiss skincare firm Galderma.

*    SBI report cautions food price rise over possible crop loss due to excess rains.

*    Airtel’s ARPU for Q1 FY25 increases to Rs 211 as against Rs 200 in Q1 FY24.

*    RBI lays down regulatory principles for credit risk models.

*    Sebi proposes a uniform timeline for credit and trading of bonus shares.

*    Assets worth Rs 3.86 lakh crore monetized in 3 years to FY24 and coal sector highest contributor.

*    Honeywell Automation India Q1 Results: Profit rises 32% to Rs 136.5 crore.

*    Parsvnath Developers says matters about non-bailable warrants against Sanjeev Jain are resolved.

*    TIL Limited will be Snorkel Europe's sales and service partner in several regions of India.

*    Bill to amend delinking petroleum operations from mining introduced in Rajya Sabha by Hardeep Puri.

*    Vehicle registrations rise 13.84% in July driven by rural demand and discounts.

*    Neeraj Vyas quits as business head of Sony Pictures' Hindi GEC, movie clusters.

*    GIFT City regulator proposes the lowest PMS ticket size to open the door to retail funds.

*    Actis, Mahindra Lifespace JV acquires industrial land in Mahindra World City.

*    Government jobs lure younger rural workers, older generations prefer salaried roles.

*    IndiGo enters the premium market with the new business class 'Indigo Stretch'.

*    Marico Q1 results: Net profit rises 8.66% to ₹464 crore, revenues up 6.7%.

*    IndiGo will always remain a low-cost airline: MD Rahul Bhatia.

*    Aster, Care merger to deliver India's third-largest hospital chain.

*    IIHL fails to deposit money, and the RCap admin tells NCLT; that IIHL denies the contempt charge.

*    The Indian market is the biggest beneficiary of foreign funds departed from China.

*    The Japanese government is cooperating with BoJ and FSA to monitor markets, says FM Shun'ichi.

*    Government Spells Out 5 Performance Indicators For LIC's Value Enhancement. 

*    Auto and health insurer Acko’s next big bet is a $370-billion industry.

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