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STOCK MARKET UPDATES 14/08/2024



 

*    Torrent Pharma seeks to raise 3 $ billion for KKR's stake in JB Chemicals.

*    India can become a 55 $ trillion economy by 2047 with 8% growth: IMF exec director.

*    Indian ports make bunkering activity gains amid Red Sea crisis: S&P.

*    EEPC India and ISSDA sign a MoU to promote MSME exports and international trade.

*    Godrej Industries Q1 results: Profit up 81% at Rs 322 crore on higher income.

*    Subdued discretionary spending to hit India's IT services growth: Report.

*    PayU-backed Vayana raises 20.5 $ million in Series D funding round.

*    EyeROV raises Rs 10 crore in pre-Series A round led by Unicorn India Ventures.

*    Sugarcane set to reclaim dominance as ethanol feedstock next year: Industry.

*    Marico resumes normal manufacturing ops at Bangladesh plants.

*    RBI deputy Governor cautions against using CBDC as 'safe havens' during crisis.

*    Zee's Securities Issue & Allotment Committee approves FCCBs worth 239 $ million.

*    Reliance Retail gets Rs 14,839 crore debt from the parent for strategic growth.

*    India's interest rate derivatives will get a boost as top insurer LIC enters the market.

*    Boeing partners with AIESL to provide services to the Indian Navy's P-8I aircraft.

*    Ethnic wear brand Fashor raises 5 $ million in funding from Blume Ventures.

*    Vedanta will sell a 2.6% stake in Hindustan Zinc via OFS.

*    Alembic gets USFDA nod for generic medication.

*    Air India Express unveils six new daily direct flights and expands connectivity across India.

*    Trai orders telcos to stop promotional calls from unregistered senders.

*    AirAsia launches new route from Port Blair to Kuala Lumpur.

*    SBI aims to sell its Yes Bank stake worth Rs 18,420 crore by the end of March.

*    India will offer incentives for critical minerals extraction a government source says.

*    Awfis posts Q1 net profit of Rs 2.8 crore, op revenue up 37% on year.

*    Maruti Suzuki began an export for the ‘Made in India’ Fronx model to Japan.

*    India orders unusual recall of reports on Apple antitrust probe: Report.

*    UK unemployment rises to 4.4 percent as earnings growth remains high.

*    Huawei readies a new chip to challenge Nvidia, surmounting US sanctions.

*    PhonePe launches pre-approved term life insurance.

*    LIC decreases stake by 2 percent in air conditioners giant Voltas.

*    The Gujarat government will cover Vande Bharat Train costs for state employees under LTC.

*    NCLT approves Sarda Energy's resolution plan for SKS Power.

*    Indus Towers launches share buyback: 56.77M shares at ₹465.

*    The Government launches an all-India drive to weed out fake GST registrations from 16th August.

*    Reliance Infrastructure launches new real estate subsidiary with ₹1 lakh capital.

*    Travel fintech Niyo is set for comeback after SBM India ban disrupted growth plans.

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