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STOCK MARKET UPDATES 04/09/2024



 

*    World Bank follows IMF. Revises India's FY25 GDP growth forecast to 7%.

*    BPCL and ONGC will jointly explore setting up a new refinery: Report.

*    Nokia signed a deal with AT&T after losing the network contract to Ericsson.

*    Nitin Gadkari backs 51% stake to foreign partners in JV tunnel projects.

*    Syngenta plans to expand manufacturing in India, says CEO Jeff Rowe.

*    Government plans to launch a central database for allied healthcare professionals.

*    Sebi working on simplified rules for foreigners investing in government bonds.

*    Over 4 billion $ in imports this year under management system for laptops and tablets.

*    Rajasthan government plans 14 new industrial areas ahead of investment summit.

*    SMFG India Credit eyes Rs 60k crore AUM by 2024-25, to focus on sustainability.

*    SAT adjourns hearing on Zee's plea against Sebi on the fund diversion matter.

*    DGCA releases regulatory reforms to reduce the operator's compliance burden.

*    Defence Ministry okays 10 capital acquisition proposals worth Rs 1.45 lakh crore.

*    CCD cafe count falls to 450 in FY24 and several operational vending machines rise.

*    SoftBank-backed Of Business plans up to 1 billion $ India IPO, executive says.

*    Indians taking multiple international trips surged by 32% in the past year: MakeMyTrip report.

*    DGCA issues simplified norms for non-scheduled operators and seeks to reduce compliance burden.

*    Toyota and Maruti get into top gear with marketing for hybrids in Uttar Pradesh.

*    Kia and Audi lead FADA's Customer Service Index in mass and luxury segments.

*    Domestic funds stay put in equities with sustained inflow in August.

*    India’s top oil explorer may set up a refinery in Uttar Pradesh.

*    Adarsh Developers slashes debt by repaying Rs 750 crore Edelweiss debt, lowers funding costs with refinancing.

*    Daikin AC: World’s No. 1 air-conditioner maker to expand capacity in India.

*    Cognizant will sell 20-year-old Chennai headquarters for ₹800 crore: Report.

*    Auto sales in August: PV volumes drop and Electric two-wheelers strong growth.

*    2.75 lakhs mobile numbers disconnected, 50 entities blacklisted: TRAI.

*    Poonawalla Fincorp gives 500K stock options for staff and reports 52% AUM growth.

*    Go First insolvency: NCLT seeks suspended management’s view on liquidation plea.

*    ONDC targets GeM and PLI beneficiary businesses for growth.

*    India’s domestic consumer electronics market closes in on a 100-billion $ valuation.

*    Content creators worry over the limited options with the likely JioCinema-Hotstar merger.

*    GST council likely to propose clarity for the FMCG sector.

*    M&M arm Jawa launches Jawa 42 at ₹1.99 Lk (ex-showroom).

*    Air India is set to launch Wi-Fi services on board its flights.

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