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STOCK MARKET UPDATES 19/09/2024



 

*    Cabinet okays Rs 24,475 crore subsidy on P&K fertilizers for rabi season.

*    SBI raises Rs 7,500 crore through issuance of Basel III-compliant bonds.

*    Government mulling lifting ban on non-basmati rice export: Food Secretary.

*    LIC commits Rs 600 crore towards its digital transformation journey.

*    India's home & household market to reach 237 billion $ by 2030: Deloitte.

*    Anil Ambani group firms R-Infra, and R-Power settle dues with banks and ARCs.

*    Tupperware files for bankruptcy as its colorful containers lose relevance.

*    AM/NS India invests nearly Rs 1,000 crore in new value-added product line.

*    CCI can appoint agencies to monitor the implementation of its orders.

*    ZEEL refutes Disney Star's 940 million $ damages over failed ICC TV rights deal.

*    Cabinet approves PM-AASHA scheme extension with Rs 35,000 crore outlay.

*    The electronics sector will discuss tariffs, and reforms with the PMO, and finance ministry.

*    CAMS, CareEdge, and KFintech set up dedicated platforms for REIT information.

*    Bloomberg reports that Volkswagen and JV partner SAIC plans to close the China plant.

*    Google urges tribunal to throw out 9.3 billion $ UK lawsuit over search 'dominance'.

*    The telecom department redefines mobile towers and eases property tax burdens on telecom firms.

*    Godrej Capital will enter the affordable housing loan segment, eyes AUM of Rs 17,000 crore by Dec-end.

*    Nearly 50 percent of public infrastructure unprepared for disaster management: CBRE survey.

*    Oswal Pumps files IPO papers with Sebi; aims for Rs 1,000 crore via fresh issue.

*    Government raises refund cap for Sahara Group depositors to Rs 50,000 from Rs 10,000.

*    India permits fresh areca nut imports without MIP conditions from Bhutan.

*    India's largest market by volume, 2nd largest by value for French spirit maker Pernod Ricard.

*    MSME segment will continue to grow by 15%; expect lower NPA by year-end, says Capri Global MD.

*    Banking system low-cost deposits could decline further said SBI chairman Setty.

*    Wheat supplies were restored for PMGKAY beneficiaries, and 3.5 million tonnes were allocated.

*    Centre will 'tweak' localization rules under new EV subsidy scheme: Government official.

*    Coal India inks pact with Pharma department to open 12 Jan Aushadhi stores.

*    Tata Group and Analog Devices in alliance for semiconductor manufacturing.

*    Xiaomi surpasses Apple in global smartphone sales for August 2024.

*    Emami’s D2C push, premium acquisitions can drive FY25 goals.

*    REC signs ₹1.12 trillion worth of MoUs to finance green energy projects.

*    ReNew will monetize its solar manufacturing business, says the chairman.

*    Craigslist founder pledges 100 million $ to boost U.S. cybersecurity.

*    CBDT revises tax appeal limits to 60lk ₹, 2crore ₹, 5 crore ₹ to streamline dispute.

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