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STOCK MARKET UPDATES 09/08/2024



 


*     RBI's Monetary Policy Committee keeps repo rate unchanged at 6.5%.

*     Food inflation pressures can't be ignored in RBI MPC's target: Governor Das.

*     PFC secures 25.5 billion yen loan from JBIC to finance wind energy project.

*     Trai completes mandatory examination of recent industry-wide tariff hikes.

*     IBBI introduces self-regulatory guidelines for committee of creditors.

*     RBI status quo on interest rates to boost demand for realty sector: CEOs.

*     Sebi proposes revised format for FVCI for filing compliance report.

*     Radico Khaitan expects 20% growth as Indians splurge on expensive liquor.

*     JSW Energy secures contract from SECI for 230 MW renewable energy supply.

*     IT hiring likely to grow by 8.5% by next year as demand grows: Report.

*     Uttar Pradesh government set to launch Rs 4,000 crore agriculture business project.

*     Airtel Payments Bank Q1 results: PAT up 41% to Rs 7.2 cr on revenue rise.

*     Envision secures 116 MW wind turbine supply order from Blueleaf Energy.

*     Warner Bros Discovery writes down TV assets for 9 $ billion amid uncertainty over fees, sports rights renewals.

*     Vedanta is said to put $2.5 billion steel business sale on hold.

*     FPI buying in Indian IT rises to highest since July 2022: NSDL data.

*     Wipro Enterprises’ hydraulics business acquires US rival Columbus.

*     RBI shortens frequency of credit reporting to 15 days.

*     Nazara gets go-ahead for Smaaash acquisition from creditors.

*     RBI's stance provides elbow room to check inflation, aid growth: Experts.

*     Uni Commerce eSolutions IPO subscribed 37X on day 3, retail portion booked 72X.

*     UP RERA to penalise builders for delaying possession.

*     RBI Governor Das says premature to talk about US recession but will remain vigilant.

*     Mercedes-Benz confident of double-digit growth this year, rolls out 2 new top-end models.

*     HC demands personal guarantees from SpiceJet directors over unpaid engine dues.

*     MRF reports Q1 Results: Net profit down 3.3% at Rs 562.6 crore, Margin at 16.1%.

*     FMCG volumes grew slower in June quarter; rural outpaces urban market: Nielsen.

*     Chinese regulators probe banks for breaking bond buying rules.

*     RCap resolution: NCLT asks Hindujas to deposit ₹2,750 crore in designated account.

*     Bangladesh crisis could boost India's ready-made garment exports: CareEdge.

*     Insomnia Media to invest ₹300 crore in films, shows.

*     Big pharma cuts R&D, sending shudders through industry.

*     RIL aims to be green energy leader, boost retail and Jio investments.

*     Maruti Suzuki to recall 2,555 units of Alto K10 over steering gear box defect.

*     SJVN to raise funds via securitization of assets and stake sales in arm SJVN Green Energy.

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