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STOCK MARKET UPDATES 16/09/2024



 

*    Indian Overseas Bank bags Rajbhasha Kirti Puraskar for 2nd consecutive time.

*    JSW Energy arm commissions 300 MW wind power plant at Tuticorin in TN.

*    ICRA ESG Ratings gives its first rating to InCred Financial Services.

*    State-owned banks target JanDhan accounts to boost deposit mobilisation.

*    Tata Power installs rooftop solar systems at 600 locations in Chhattisgarh.

*    Polymatech Electronics will set up semiconductor facility in Bahrain.

*    Government may set up panel to ensure compliance by online gaming platforms.

*    RBI seeks granular data from NBFCs, wants to check lending standards.

*    India seeks investments from South Korea & Japan for shipbuilding clusters.

*    RBI plans to revamp currency management infra to cater to future cash needs.

*    Increasing freight costs and container shortages threaten exports: GTRI.

*    Nayara Energy sees 14.3% rise in domestic fuel sales, exports drop.

*    USFDA cites manufacturing lapses at Zydus Lifesciences' Gujarat plant.

*    ONGC gets director to spearhead new energy, petrochem business.

*    Banks need to adapt to changing customer preferences to remain competitive: CEA.

*    Black Box will increase India business share in global revenue, hire 400 people in 2 years.

*    India is 'very important market'; looking at more frequencies, new destinations: Malaysia Airlines.

*    Gaurs Group will invest Rs 1,600 crore to build luxury flats in Ghaziabad.

*    Cathay Cargo wants Indian airlines to use its Hong Kong terminal; in talks with one firm.

*    India audio device market witnesses remarkable growth, hits Rs 5,000 crore offline sales: GFK.

*    Titan will expand Helios portfolio by adding 10 new international watch brands in 12-18 months.

*    Dixon Technologies will manufacture notebooks for Asus under PLI 2.0.

*    Mahindra & Mahindra Financial will expand mortgage business.

*    Reliance Capital Insolvency: NCLAT notice to IIHL on CoC plea for interest for extended time & forfeiture.

*    Redington will offer iPhone 16 series at 7,000 retail locations across India.

*    Softbank-backed Swiggy said to eye India IPO filing this week.

*    Tata Electronics plans to build two more chip fabs in Dholera.

*    Focused on north, eyeing government sale of key properties: Bharti Real Estate's Sayal.

*    Oil India’s Assam refinery expansion, exports unaffected by Bangladesh crisis.

*    Zee-Sony merger: NCLT recalls approval as both parties agree to settle claims.

*    Temasek close to acquiring stake in Blackstone-controlled VFS: Report.

*    Oil India aims to operate Numaligarh refinery at 180,000 bpd capacity by 2027.

*    Samsung, Xiaomi allegedly colluded with Amazon, Flipkart finds CCI probe: Report.

*    RBI imposes monetary penalty on three NBFCs for non-compliance with directives.

*    PNB Housing’s affordable loans drive pushes it to revive commercial mortgage biz.

*    LG said to pick banks for 1.5 billion $ listing of Indian unit.

*    Lagarde Signals ECB Open to October Cut But December More Likely.

*    Ratings agencies warn of downgrade if Boeing strike prolongs.


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