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STOCK MARKET UPDATES 07/08/2024



 

*    India exports $122.7 million worth of non-basmati white rice during April-May.

*    India imports 1.8 MT urea and 2.2 MT fertiliser from China in 2023-24.

*    Nazara arm buys assets for the US gaming content platform DeltiasGaming.com.

*    Vedanta Q1 FY25 results: Net profit rises 36.6% to Rs 3,606 crore.

*    Tech Mahindra and Horizon3.ai come together to provide AI-based cybersecurity.

*    Indian spices are not banned in Singapore and Hong Kong, says MoS Anupriya Patel.

*    Food inflation target evades RBI MPC members as panel rejig looms.

*    Power Finance Corp Q1 results: Net profit rises over 20% to Rs 7,182 crore.

*    Amid the GCC boom, the Big Four in India are boosting the hiring of 'tech architects'.

*    Commerce ministry developing e-platforms to connect exporters, MSME, and government.

*    No proposal for PLI scheme for manufacturing of shipping containers: Government.

*    Muted treasury gains for banks in Q1 FY25 due to new investment norms.

*    PSU banks' compensation against fraud rises over three-fold to Rs 140 crore.

*    India stands out on growth and external fronts amongst South Asian economies: S&P Ratings.

*    IFC-ADB consortium invests $275 million in Fourth Partner Energy.

*    Inox Wind bags 201 MW project from Integrum Energy.

*    NTPC seeks shareholders' nod to raise Rs 12,000 crore.

*    Symphony announces Rs 71.4 crore buyback, dividend.

*    Sebi issues a cautionary statement and passes directions to protect investors from unregistered entities.

*    SUNDAY Hotel will open 25 premium hotels in India by March 2025.

*    India said to have a shelved plan for cooking the coal import consortium.

*    NHAI aims to monetize up to $2.4 billion in assets in 2024/25.

*    Indo Wind Energy raises Rs 48.30 crore through rights issue.

*    Toyota would pursue technologies that reduce fossil fuel use: Dy MD Swapnesh Maru.

*    Hyperbots raises $2 million in seed rounds from Kalaari Capital and others.

*    Bajaj Auto partners with Amazon, and launches the exclusive Chetak 3201 Special Edition.

*    TVS Motor Q1 Results: Net profit surges 23% to ₹577 crore, revenue up 16% YoY.

*    No relief for Infosys: Indian Government refuses to budge on ₹32,000-crore tax demand.

*    Retail inflation for industrial workers eases 3.67% in June.

*    Aramco's second-quarter profit slips 3% on lower crude output.

*    Bangladesh unrest is unlikely to impact India's overall trade position, says S&P.

*    CBI files case against Hindalco, ex-environment min director for bribe: Report.

*    Glenmorangie supports India-UK FTA that improves access to Indian consumers: CEO.

*    GenAI will transform banking with focused customer experiences: Deutsche Bank.

*    FPIs pulled out ₹13,400 crore in 2 days from Indian equities on US recession fears.

*    Despite the solar push, coal has enough capacity to meet India's demand for more power.

*    Jio Finance app debuts in Paris: Offers seamless payments at the Eiffel Tower.

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