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STOCK MARKET UPDATES 09/09/2024



 

*    PNB Housing Finance plans to raise to 125 million $ via ECB in Q3, says CEO.

*    VIL's capital-raise unlikely to plug market share erosion: Goldman Sachs.

*    SpiceJet plans to raise over Rs 3,200 crore through debt and equity instruments.

*    Razorpay betting big on omni-channel growth ahead of IPO: Shashank Kumar.

*    Starbucks appoints Brian Niccol as CEO after struggles with mobile orders.

*    Tata Digital's FY24 losses narrow to Rs 1,200 crore and revenue doubles.

*    Gujarat will set up 48 MW solar rooftops on government buildings in FY25.

*    India may cut petrol and diesel prices as global oil prices reach 2024 lows.

*    India's ed-tech sector sees a 30% drop in funding to 215 million $ amid the slowdown.

*    Tamil Nadu government signs investment deals worth Rs 850 crore with 3 US companies.

*    Zepto set to enter the buy now, pay later segment with 'Zepto Postpaid'.

*    Maharashtra leads FDI with Rs 70,795 crore in Q1FY25, Karnataka a distant 2nd.

*    378 housing projects with 146,000 units stalled in 5 UP cities: PropEquity.

*    India's forex reserves hit a fresh high of 683.99 billion $: RBI data.

*    NLC India aims to start mining for the Machhakata coal block in Odisha ahead of schedule.

*    NIIF gets CCI's clearance to acquire an additional stake in Ather Energy.

*    Jio Financial forms JV with BlackRock Advisors Singapore; to invest Rs 3 crore towards initial share subscription.

*    GCCs focus more on learning investments in benefits payout: ANSR survey.

*    Shriram Finance plans to raise 1 billion $ from overseas in the next 6 months.

*    Invited the steel industry to discuss unfair competition and take appropriate steps: Goyal.

*    Reliance Infra weighs EV push, taps ex-BYD executive.

*    STT GDC will invest 3.2 billion $ in India to expand data center capacity.

*    Max Fin Services promoter firm sells 3.19 percent stake to repay debt.

*    Volkswagen factory threat stress-tests Germany's economic model.

*    Hybrid car tax relief may distort the market and hurt EVs: Mercedes-Benz CEO.

*    Education loans will remain among the fastest-growing segments for NBFCs: Crisil.

*    Domestic carriers gain as overseas air traffic rises 13% in April-June.

*    SpiceJet's Ajay Singh is ready to sell more than 10% stake to raise funds.

*    HUL forms an independent panel to review the ice cream business.

*    UK antitrust regulator says Google abusing pole position in advertising tech.

*    Suzlon Energy acquires a 51% stake in Renom Energy.

*    BofA shared nonpublic information with investors in India, whistleblower says.

*    India-UK FTA talks likely to resume next month and Labour to revisit mobility.

*    Boeing struck a deal with the workers' union over a fresh salary hike offer.

*    Jindal Stainless supplies tempered-grade steel for Vande Bharat sleeper coaches.

*    Vedanta will progress from asset manager to asset owner, says chairman Anil Agarw.

*    Nvidia draws antitrust scrutiny as enforcers signal early interest in AI.

*    Oil executives face gloomy reality at APPEC 2023 amid China's economic slowdown.

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