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STOCK MARKET UPDATES 19/08/2024



 

*    The Government invites bids to impanel AI infra providers under the mission of Rs 10,372 crore.

*    Aim for carbon neutrality in scope 1, 2 emissions by FY32: ICICI Bank.

*    Sebi proposes expansion of sustainable fin framework in the securities market.

*    Fssai launches a project to check microplastic contamination in food.

*    Luxury car sales soar in India: Lamborghini and Ferrari set new records.

*    National Insurance Company aims for Rs 100-200 crore profit in FY25.

*    Consult board on law interpretation while auditing: CBIC to GST officials.

*    Urgent need to address the 4 $ trillion financing gap to accelerate SDG progress: FM.

*    Sebi proposes to introduce a liquidity window facility for bond investors.

*    Unilateral environment measures like carbon tax hamper global trade: Government.

*    Technopark's software export revenue was up 14% at Rs 13,255 crore in FY24.

*    ASDMA signs MoU with GSI for early warning system for landslides in Assam.

*    National Insurance aims to back in the black in FY'25 with Rs 100-200 crore profit.

*    Government invites bids to impanel AI infra providers under Rs 10,372-crore India AI mission.

*    India is growing 'very well,' but it still needs a strong jobs push, IMF's Gita Gopinath says.

*    Rajasthan Government receives investment proposals of Rs 5.21 lakh crore ahead of the summit.

*    India to start a fund of 2.5 $ million for trade promotional activities: PM Modi.

*    FPIs remain net sellers at Rs 21,201 crore in the first fortnight of August.

*    Foxconn meets the Karnataka government for potential investment talks while it builds a large iPhone assembly plant.

*    Google will continue selling the original Pixel Fold.

*    Escorts Kubota eyes land in UP for Rs 4500 crore manufacturing facility after pivot from Rajasthan.

*    Maruti raises deferred tax liability provision by Rs 850 crore in Q2 on indexation removal.

*    Zomato bans AI-generated food images after the surge in complaints from customers.

*    Foxconn business in India crosses 10 $ billion; invests 1.4 $ billion to date.

*    India imported 2.8 $ billion in crude oil from Russia in July, almost 40% of oil purchases.

*    Securing energy future: India eyes new strategic crude oil reserve in Mangalore.

*    Karnataka pauses circular prohibiting a 15-day hold on SBI and PNB transactions.

*    US court orders Sterlite Tech to pay Ra 810 crore to Prysmian: Report.

*    Bankrupt Steward Health Gets Approval for Managed-Care Unit Sale.

*    Starbucks sued for stealing Balmuccino's coffee-flavored lipMassachusetts.

*    Bankrupt Steward Health Care sells physician network as Massachusetts hospital seized.

*    Windfall tax on petroleum crude slashed to ₹2,100 from ₹4,600/tonne.

*    Warburg Pincus will acquire a majority stake in furniture firm Ebco.

*    SpiceJet challenges court order to ground leased engines.

*    ICMR surveying to assess mpox risk in India.

*    Goldman Hedge Funds Head Says Stick to Quality as Risks Ease.

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