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STOCK MARKET UPDATES 03/09/2024



 

*    Omaxe group will invest Rs 2,500 crore in developing sport-centric projects in Delhi’s Dwarka.

*    Personal loans see 14% growth; cards and gold are major factors behind the surge.

*    India's coal production rises 6 percent in April-August.

*    Vedanta board approved the third interim dividend of 20 Rs per share and the Company's payout at Rs 7,821 crore.

*    Manmad-Indore railway line, key to Pithampura Industrial Area, approved by Cabinet for Rs 18,000 crore.

*    Cabinet announces Rs 14,000 crore for seven farmers' welfare schemes.

*    Saudi Arabia may cut crude oil prices for Asia in October.

*    Landmark Group will invest Rs 4,200 crore in real estate projects in two years.

*    Mahindra Auto sales were up 9 percent in August at 76,755 units.

*    Power consumption cools 5% in August amid falling mercury.

*    Bharath Sesha is Philips MD for the Indian subcontinent.

*    Government approves Kaynes' Rs 3,307 crore semiconductor unit at Gujarat's Sanand.

*    Coal production increases by 6.48% to 384.08 mn tonnes in April-August.

*    TikTok parent ByteDance eyes 9.5 billion $ in record Asia dollar corporate loan.

*    Rs 80,000 crore 'Digital Bharat Nidhi' fund to boost urban telecom services.

*    Concor will resume coastal cargo transport and enhance last-mile connectivity.

*    Tata Motors launches new Curvv SUV Coupe; priced at Rs 9.99 lakh.

*    Government receives about Rs 2,413 crore as dividend tranche from BPCL: Dipam secy.

*    Gala Precision Engineering IPO fully subscribed within minutes of opening.

*    Street positive on cement stocks despite pricing pressures and demand woes.

*    VFX company Identical Brains files draft IPO papers with NSE Emerge.

*    Long-term projects should be funded through the debt market: Sanjiv Bajaj.

*    India will clock 7% GDP growth in FY25 said HSBC Global Research.

*    Signature Global will invest ₹1,500 crore in buying land this year.

*    Zee appoints Shiva Chinnasamy as chief technology and product officer.

*    Cabinet approves ₹3,300 crore Kaynes ATMP chipmaking plant in Gujarat.

*    Mobile retailers say Samsung's online-focused strategy fuels grey market: Report.

*    Nvidia takes an added role amid the AI craze: Center designer.

*    Smart industrial cities can propel India towards its export targets.

*    Union Minister Nitin Gadkari urges states to reduce GST on flex-engine vehicles.

*    TVS Motor Company's sales grow by 13 percent in August 2024.

*    No inflation targeting framework is sacrosanct: India’s chief economic advisor.

*    China property slump spurs local governments’ quest for cash.

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