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STOCK MARKET UPDATES 18/09/2024



 

*    ArcelorMittal's India joint venture seeks duty-free LNG imports: Report.

*    EaseMyTrip enters medical tourism; board approves Rs 90 crore acquisitions.

*    India's exports contracted 9.3% in Aug to 34.7 billion $ amid weak global demand.

*    33% of sepsis deaths in India are linked to the antibiotic resistance crisis.

*    Tata Motors and JLR will make EVs in India for the world: Chandrasekaran.

*    British fintech Revolut is set to enter India in 2025 the eyes premium market.

*    Amazon asks employees to return to the office five days a week starting next year.

*    Road projects awarding declines, competition to remain elevated: ICRA.

*    Enhanced credit guarantee coverage to profit 2.7 million women-led MSMEs: Manjhi.

*    Dental products firm Laxmi Dental files draft papers with Sebi for IPO.

*    Air India launches 400 million $ upgrade to transform flying experience.

*    Gold imports doubled to a record high of 10.06 billion USD in August.

*    eBikeGo appoints Iftekhar Ahmed as CEO of GreenPioneer Mobility.

*    Infosys collaborates with UK's Metro Bank for digital transformation.

*    Noida International Airport ties up with Static for EV charging infra.

*    Nippo’s manufacturer divests the entire 51% stake in Kineco for Rs 220 crores.

*    Frendy will open 300 marts and a network of 10,000 micro kiranas by 2026, expecting Rs 500 crore revenue.

*    Airfare hike not linked to rise in airport charges: Airports Council International.

*    Laxmi Dental files draft papers to raise funds via IPO.

*    Realty developer CRC group ties up with Dubai’s Killa design for the Noida project.

*    HSBC India provides Rs 300 crore green loans to Neovantage Innovation Parks.

*    Industry body sees domestic zinc consumption doubling in less than a decade.

*    Aavishkaar Capital said they will lead D2C fashion brand Zouk's new funding round.

*    Electric bus maker JBM Auto secures 100 million $ from ADB, AIIB.

*    Urban Company’s early backers Steadview, Elevation, and Accel to sell partial stake.

*    India’s merchandise trade deficit widens to 29.65 billion $ in August.

*    Boeing considered temporary layoffs in response to a strike by machinists.

*    Mobikwik’s Zaakpay partners with Meta to offer payments on WhatsApp.

*    Microsoft approves new 60 billion $ share buyback program.

*    Intel CEO laid out new steps to cut costs and bolster the chip-making division.

*    The Samsung plans rollable phone that could rival Huawei’s triple-folding design: Report.

*    The government asks platform aggregators to register workers on the e-Shram portal.

*    India's wholesale inflation cooled to a four-month low of 1.31% in August.

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