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STOCK MARKET UPDATES 17/09/2024



 

*    Semicon 2.0 scheme will raise subsidies; large chip design firms will benefit.

*    Open for opportunities to source components from India: Aircraft maker ATR.

*    Mercedes-Benz will manufacture EQS SUV 580 in India, first outside the US.

*    Tata Steel's Kalinganagar expansion to make Odisha a top investment site.

*    Axis Bank expands wealth management services across 15 new cities.

*    AA framework facilitates Rs 42,300 crore in loans since launch: Sahamati.

*    JSW MG Motor ranks highest in dealer satisfaction in the Fada survey.

*    CPCB notice to BPCL for failing to install vapor recovery systems.

*    Italy supports the EU's tariffs on Chinese exports of electric vehicles.

*    Hinduja group firm will raise Rs 3,000 crore as debentures to fund RCap buy.

*    Volkswagen may book up to 4.4 billion $ in provisions on capacity cuts: Jefferies.

*    Government will launch super app streamlining railway services: Ashwini Vaishnaw.

*    India's Commerce Ministry proposes a task force to boost gem and jewelry exports.

*    Cybersecurity Company Tenable appoints Rajnish Gupta as MD for India, SAARC.

*    Reliance Power bags 500 MW battery energy storage contract.

*    Zupee partners with ONDC to expand its online gaming user base.

*    Eros group aims for Rs 900 crore revenue from new housing projects in Greater Noida West.

*    Emperium targets  775 crore Rs revenue from the township in Yamunanagar and the housing project in Gurugram.

*    Samvardhana Motherson International to acquire an 11% stake in Israel’s REE Automotive for 15 million $.

*    Most stakeholders prefer consistency to surprises: SBI chairman CS Setty.

*    Reliance Retail will transfer most of its FMCG brands to RCPL to scale the business.

*    SECL invites bids for 500 wind power projects off the Gujarat coast.

*    Laurus Labs opens a new R&D facility in IKP Knowledge Park, Hyderabad.

*    India receives 386 billion $ in financial commitment from banks for the green push.

*    LIC appoints Infosys to build its NextGen Digital Platform.

*    BMW launches Retail.NEXT for dealers in India.

*    JSW MG Motor India will launch the luxury car brand 'MG Select' by 2025.

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

*    India receives 386 billion $ in financial commitment from banks for the green push.

*    Gravita India on solid ground amid regulatory tailwinds.

*    Oracle turns rivals into partners in pursuit of cloud ambitions.

*    Firstsource partners with Microsoft Azure OpenAI for digital transformation offerings.

*    Strides Pharma receives US FDA approval for Fluoxetine Tabs.

*    Shyam Metalics Commences Phase I Of Greenfield Cold Rolling Mill At Jamuria Plant.

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