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STOCK MARKET UPDATES 28/08/2024



 

*    Naredco urges the housing ministry to provide relief to real estate developers in NCR.

*    ZF Wind Power's Tamil Nadu plant rolls out 50 GW of wind gearboxes.

*    HSBC ramps up funding corpus for tech startups to 600 $ million from 250 $ million.

*    Airtel will shut down the Wynk Music app and absorb all employees.

*    China's JD. com announces a 5 $ billion share buyback plan.

*    Indian solar panels face US scrutiny for possible links to China's forced labor.

*    Mytek Innovations aims to raise 10 $ million, treble order book of Rs 729 crore by FY25.

*    Shriram Finance plans to raise up to 1.5 $ billion from overseas, CEO says.

*    Elan Group gives Rs 500 crore contract to Leighton Asia to build a mall in Gurugram.

*    Yes bank tied up with Newtap Finance to offer financing solutions.

*    Over 40% of consumers use digital payment daily in Tier 3-6 cities: Report.

*    Canara Bank mops up Rs 3,000 crore in additional Tier-I bonds at 8.27%.

*    National Infrastructure Trust will raise Rs 1,600 crore through IPO.

*    CIL's contribution to government exchequer rises 2% to Rs 20,072 crore in April-July.

*    Global Real Estate Transparency Index 2024: India ranks 31; the UK leads the list.

*    Zee and Sony reach a non-cash agreement to settle disputes over the merger.

*    India's tier-1 real estate market becomes transparent for the first time.

*    TCS launches Pace Studio in the Philippines to drive digital innovation.

*    Kalpataru gets notice from the Afghan government for not submitting tax declarations.

*    Byju's foreign investors ask SC to hear their concerns in the insolvency case.

*    India-Oman free trade pact talks at an advanced stage, says Ambassador Narang.

*    NeoLiv tied up with Royal Green Realty to develop a 600 RS crores housing project.

*    HUL receives ₹962 crore tax notice over TDS dispute GlaxoSmithKline deal.

*    RCap to be rebranded under IndusInd after the takeover, Hindujas tell NCLT.

*    Maruti Suzuki's new plant faces a minor delay, production to begin by 2025-26.

*    India’s biodiversity can help it leap ahead in synthetic biology.

*    Bisleri CEO pushes for water credits to tackle India's water scarcity.

*    Apple's India expansion to create over 600,000 jobs: Report.

*    Shilpa Medicare gets US FDA approval for Bortezomib Injection.

*    Religare CFO Nitin Aggarwal said to have quit, the company is yet to notify exchanges.

*    AM Green reaches the final investment decision on its green ammonia project.

*    Brazil will be ready to give more control to the regulator over the Natural Gas Projects.

*    LG Electronics weighs India IPO to help chase 75 $ billion goal.

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