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STOCK MARKET UPDATES 11/09/2024

 




*    Lockheed Martin-Tata pact may enable local C-130J Super Hercules production.

*    Maruti Suzuki eyes on significant growth for export by 2030: MD, CEO.

*    Maruti Suzuki looks to establish a holistic ecosystem for EV buyers.

*    The government aims to extend Rs 5 trillion via credit guarantees in 2 years.

*    RBI rejects Canara Bank’s bid for credit card subsidiary amid concerns.

*    Airtel Finance launches FD service, which offers up to 9.1% interest rates.

*    Indian IT services industry to deliver 4-6% revenue growth in FY25: ICRA.

*    No funding issue for Semicon projects, committed Rs 62K crore incentive: Meity.

*    Google lost an EU court appeal against a 2.4 billion euro fine in an antitrust case.

*    Home decor brand Nestasia raises 8.35 million $ from Susquehanna Asia VC.

*    Southeast Asian nations are ready to boost coal trade as China approaches its peak.

*    Rewa Airport got DGCA approval and became sixth in Madhya Pradesh.

*    Tata Power-DDL and Nissin Electric working on a micro substation with a power voltage transformer project.

*    Coal India will spend 8 billion $ on coal-fired plants near mines.

*    Godrej Properties raises Rs 64.6 crore through the issue of debentures to investors.

*    Oyo's GBV reached Rs 10,700 crore in FY24 and co reports a  PAT of Rs 229 crore for the last fiscal.

*    L&T Semiconductor Technologies, IBM to collaborate in R&D to design advanced processors.

*    Skoda Auto plans to offer mild hybrids to EVs in India: Chairman and CEO Klaus Zellmer.

*    APPEC-India ONGC Videsh focuses on buying stakes in oil and gas-producing assets amid the gas-producing energy transition.

*    EU will lower proposed tariffs on Tesla and other EVs from China: Report.

*    SpiceJet says Carlyle Aviation will convert 30 million $ in lease arrears into equity.

*    Infosys partners with Proximus Group to drive new biz opportunities.

*    US animal health major Zoetis expanded its global capability center (GCC) in Hyderabad.

*    Inflows into equity schemes rose 3%, and debt funds saw a 62% dip in Aug: AMFI data.

*    NCLAT halts insolvency proceedings against Essar’s oil & gas subsidiary.

*    Tata Capital's Profit Boom: FY24 sees hefty ₹2,492 crore net income.

*    OPEC+ has postponed a tough decision it can’t put off for long.

*    Apple loses against EU over 13 billion € Irish tax bill.

*    Credit card spending in India to soar 5X over debit by FY29.

*    Expiry of a patent for a key product weighs on PI Industries.

*    Chennai: Operations affected at Samsung plant as workers' strike enters 2nd day.

*    PN Gadgil Jewellers IPO gets fully subscribed within a few hours of issue opening.

*    Axis Mutual Fund will launch Nifty 500 Value 50 ETF for long-term wealth creation.

*    Auto incentive schemes helped create over 30,000 jobs, says Minister Kumaraswamy.

*    CCI sets sights on local presence as global digital economy merger deals surge.

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