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STOCK MARKET UPDATES 29/08/2024



 

*    Tanishq and De Beers enter into a long-term strategic collaboration.

*    BharatPe taps into the consumer payments segment with the launch of the UPI offering.

*    Oyo clocks net profit of Rs 132 crore in Q1 of FY25.

*    Square Yards reports 52% YoY growth in Q1 FY25, hits Rs 261 crore revenue.

*    Palm oil dips as India import tax concerns counter weak supply outlook.

*    India will benefit from the global gas supply glut: ICRA.

*    Zydus Lifesciences gets USFDA nod for generic medication.

*    Cabinet approves rolling out private FM radio for 234 uncovered new cities.

*    Medikabazaar appoints Dinesh Lodha as new CEO amid leadership changes.

*    RBI plans to implement uniform licensing for online and offline payment aggregators.

*    Hyundai to double hybrid lineup; announces 3 $ billion buyback.

*    Abbott India recalls Pentids antibiotic batches over packaging issues.

*    With 1 more ship, LNG under new pacts to be imported from 2026: Gail.

*    Centre approves expansion of Agricultural Infrastructure Fund scheme.

*    Paytm gets government approval for downstream investment in payments arm PPSL.

*    Sebi cautions investors against SME companies manipulating prices.

*    Construction firm BCD Group appoints Ashwinder R Singh as VC and CEO.

*    Saudi Arabia's sovereign wealth fund refinances 15 $ billion loan with banks.

*    BharatPe launched a UPI offering and tapped into the consumer payments segment.

*    UPI transactions can touch 100 billion in the next 10-15 years: Dilip Asbe.

*    Digital transactions in India will grow threefold by 2028-29: Report.

*    BYD eyes 50% overseas sales after it posts strong first-half results.

*    Funding winter pushing fintech firms to go public very early: Nippon India CIO.

*    CCI gives nod to ₹70,350-crore Reliance-Disney India merger.

*    IT sector has survived many tech transitions: Kris Gopalakrishnan on AI's impact.

*    Maruti Suzuki gears up for electric future with six new EVs by 2031: Report.

*    Government may relax the export ban on non-basmati white rice amid surplus: Pralhad Joshi.

*    India's renewable energy boom stunted by regulatory ambiguity over sales accords.

*    India's solar ambitions face supply chain hurdles and investor confidence is steady.

*    Zomato launches ‘Zomato for Enterprise’ for corporate food orders.

*    Jio Leasing Services invests ₹67.50 crore in Reliance International Leasing.

*    Bharat Biotech launches oral cholera vaccine Hillchol amid a global shortage.

*    ICICI Prudential gets GST demand notice of 429 Rs. crore from the Maha tax authority.

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