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STOCK MARKET UPDATES 12/09/2024



 

*    India committed to climate-friendly growth: NITI Aayog CEO Subrahmanyam.

*    BPCL's joint venture with IOC won production concession in Abu Dhabi.

*    NXP Semiconductors will invest over 1 billion $ in India as it boosts R&D efforts.

*    JSW MG will move away from conventional vehicles and focus on NEVs: MD Jindal.

*    Indian cos raised 6 billion $ from private credit in first-half 2024: EY report.

*    Microsoft acquires 16.4-acre land parcels for Rs 520 crore in Pune.

*    Stashfin parent AKARA Capital lists first Rs 10,000 face value NCDs on BSE.

*    Fada announces the appointment of C S Vigneshwar as new president for 2024-26.

*    CEAT commences commercial production at the Tamil Nadu plant.

*    Bharat Biotech partners with Alopexx to develop an anti-microbial vaccine.

*    Britain's Rightmove rejects 7.3 billion $ takeover offer from Murdoch's REA Group.

*    Nazara acquires a 15.8% stake in esports firm Stan for 2.2 million $.

*    Government aims to boost seafood exports to Rs 1 lakh crore/year; to strengthen the foundation of the fishery sector.

*    India's 10-year bond yield is nearly 30 months lower than US peers, and oil prices fall.

*    Industry credit expected to grow over 12%: FICCI-IBA survey.

*    The auto industry needs to be focused on customer service, after-sales, and quality assurance. This is Nitin Gadkari.

*    Adani Ports & SEZ will develop a multipurpose berth at Gujarat's Kandla Port.

*    Strides secures shareholders' nod for OneSource specialty CDMO unit.

*    Samsung plans global job cuts of up to 30% in some divisions.

*    CESC will award a 300MW solar power project to subsidiary Purvah Green.

*    Consumption loan portfolio expands 15 percent to Rs 90 lakh crore in FY24: Report.

*    FADA seeks legislative safeguards to prevent OEMs from exiting abruptly.

*    Government set to clear ₹10,900 crore for rechristened electric vehicle subsidy scheme.

*    Prime Minister Modi calls for international cooperation on green hydrogen.

*    Aditya Birla Finance accuses Byju’s insolvency professional of fraud.

*    Easebuzz Revenue Surges to INR 290 Crore in FY24; Forays into B2B Payments.

*    Tata Power’s BIG Plans to Produce Solar Cells, Modules.

*    Uber relaunches premium service Uber Black in India, starting with Mumbai.

*    India's OVL, OIL, and Kabil join hands with UAE's IRH in a critical mineral hunt.

*    FPIs favor Healthcare, IT, and Consumer Sectors in August, and sell financial stocks.

*    Bigbasket’s quick commerce order value in small cities matches the metro average.

*    Spain's Zelestra plans a 5 billion $ investment to set up 10 GW green power capacity.

*    Delhi High Court upholds order to ground SpiceJet planes with leased engines.

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