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STOCK MARKET UPDATES 30/08/2024

 




*    TCS expands partnership to transform Primark's tech operations over 5 years.

*    Google Cloud and Wipro partners will use Gemini Code Assist to boost productivity.

*    Honda Shine revs past Bajaj Pulsar as the second best-selling motorcycle model.

*    Private hospitals expand tele-ICU network as critical care demand grows.

*    DGCA fines Air India Express for non-compliance with compensation rules.

*    IndiGo cofounder Gangwal sells 1.3 $ billion worth of stake near record high.

*    Reliance announces green energy-powered data centers for AI in Jamnagar.

*    Reliance Retail targets doubling business in 3-4 years said Isha Ambani.

*    RELIANCE AGM: The Board will consider issuing 1:1 bonus shares on September 5.

*    35 Indian fintechs prepare for IPO rush as market competition intensifies.

*    Macrotech acquires Opexefi Services, One Box Warehouse for nearly Rs 100 crore.

*    Supreme Court clears the way for NBCC to generate Rs 15,000 crore from Amrapali projects.

*    Rooftop solar capacity growth in India rises 26 percent to 1.1 GW in Jan-Jun: Mercom Capital.

*    Tyre exports from India rose 17 percent in Q1: ATMA.

*    IREDA Board approves Rs 4,500 crores fundraising.

*    Final guidelines on project loans likely in 2-3 months: RBI official.

*    Retail inflation rates for farm and rural workers ease in July.

*    Eicher will incentivize customers by scrapping old vehicles for new ones.

*    Jio aims to add a million broadband homes every month.

*    Government eases norms for listing on international exchanges within Gift City.

*    Nvidia's subdued forecast dampens enthusiasm in AI chip stocks after the steady rally.

*    Kolkata port announces launch of cargo services between Haldia and UAE.

*    Lupin launches generic cancer drug in US.

*    Fitch Ratings affirms India's sovereign debt rating at ‘BBB-’, outlook stable.

*    Moody's Ratings upgrades India's GDP growth forecast to 7.2% in 2024.

*    LIC gets GST demand penalty notice of ₹605.5 crore for FY20.

*    Shipping Corporation of India receives ₹160 crore GST demand notice for FY2020.

*    Finance ministry cuts mandatory public offering on IFSC bourses from 25% to 10%.

*    VSL Finance to buy back 33 lakh shares worth ₹125 crore at ₹380 per share.

*    MP government attracts 8k Rs. crore investment at industry conclave.

*    Soaring temperatures overtake rainfall as a key driver of food inflation: Report.

*    Hyundai hoping to regain market share as an auto major's 3 $ billion India IPO looms.

*    OpenAI in talks for funding round valuing it above 100 $ billion.

*    GM delays Indiana EV battery factory but seals JV with Samsung.


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