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STOCK MARKET UPDATES 05/09/2024



 

*    India's hospitality sector attracts 93 million $ investment in H1 of 2024.

*    Reliance Industries wins bid for government incentives to make EV batteries.

*    Government eyes 1 billion $ exports of alcoholic beverages in next few years: APEDA.

*    Delinquencies in the microfinance sector may push NBFC-MFI credit cost: ICRA.

*    India has to focus on ESG for its own sake: CEA V Anantha Nageswaran.

*    To boost capex, FinMin relaxes norms for expenditure exceeding Rs 500 crore.

*    Food delivery major Swiggy reshuffles top deck ahead of upcoming IPO.

*    DGCA's annual review shows improvement in India's air travel safety record.

*    GIC RE gets bids worth Rs 2,300 crore; demand only half the total issue size.

*    India remains the fastest growing paper market globally with an 8.2% rise: Report.

*    Landmark Group will invest Rs 4,200 crore in 2 years for projects in Delhi-NCR.

*    Opec+ discusses to delay planned oil output hike amid low prices: Report.

*    Credit card market in India will double, reaching 200 million by 2028-29: Pwc.

*    Minda Corp inks licensing pact with China's Sanco to tap EV market.

*    Syngenta CEO Jeff Rowe calls for faster regulatory approvals in India's agriculture sector.

*    Finmin relaxes norms for expenditure exceeding Rs 500 crore to capex for giving a boost.

*    Two-wheeler makers should provide helmets to vehicle buyers at a discount: Nitin Gadkari.

*    Coca-Cola and PepsiCo lose popularity to local Cola brands due to boycotts over Gaza in Muslim countries.

*    Invest4Edu raises 3 million $ in seed funding from family offices.

*    India will need 10-20 chip plants in the next 10 years: Semi CEO.

*    Epack Durable partners with Symphony to manufacture air coolers in the growing Indian market.

*    Natco Pharma acquires 40 million shares in eGenesis Inc.

*    Ecom Express appoints Bharti Airtel's Swati Mor as CHRO.

*    CapitaLand Investment aims to double India funds to 11.3 billion $ by 2028.

*    India’s service sector growth rises to a five-month high in August.

*    Entod Pharmaceuticals gets DCGI approval for eye drops to treat presbyopia.

*    Byju’s bankruptcy: Tribunal defers decision on the plea by EdTech firm’s US lender.

*    Copper prices slump to a two-week low as China's economic woes fuel demand worries.

*    Tiger Global case bolsters Mauritius as base for India investments: Official.

*    McDonald's India will offer burgers with multi-millet bun co-created with CSIR-CFTRI.

*    Cipla's MK Hamied steps down after 47 years of service from the company.

*    Aadhar Housing Finance may continue to outpace industry growth.

*    Crude oil prices sink to 9-month low: OMCs poised for earnings boost.

*    VTEX Acquires Weni to Enhance Its Composable and Complete Platform.


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