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STOCK MARKET UPDATES 25/09/2024



 

*    L&T wins Rs 10K-15K crore power transmission and distribution orders in West Asia.

*    NBFCs' loan growth will moderate to 18% in FY25: S&P Global Ratings.

*    NPCI eyes Africa and South America for digital payment push via UPI: CEO.

*    Singapore seeks Indian forbearance on Chinese components in projects.

*    Airlines and hotels make up 70% of India's 53 billion $ travel market: Deloitte.

*    Zepto partners with US Polo Assn for 10-minute premium fashion delivery.

*    M2P Fintech raises Rs 850 crore in series D and valuation at Rs 6,550 crore.

*    FIEO urges the Centre to extend the interest subvention scheme for 5 years.

*    CCI's latest merger overhaul may push deal timelines and increase filings.

*    Fortifying fundamentals key to navigating global uncertainties: RBI Governor.

*    IEX tanks 12% on reports of the government's plan to implement market coupling.

*    India's basmati rice exports surged after the decision to remove the floor price.

*    Nippon Steel's Mori asks United Steelworkers leadership to come to the table.

*    JSW group not withdrawing Rs 40,000 crore EV project from Odisha: Company official.

*    Private capex will pick up  4 lakh crore Rs credit demand pipeline from India Inc: SBI Chairman.

*    Sterling and Wilson Renewable Energy get 2 new orders worth Rs 512 crore.

*    Cashfree appoints Nitin Pulyani as its head of product.

*    AI will deliver 50% of automation improvements and unlock 7 trillion $ in productivity: NetApp CEO.

*    FIEO urges the government to extend the interest subvention scheme for 5 years.

*    Design architecture for B2C e-invoicing mostly ready: GSTN CEO.

*    Sagar Defence joins hands with Liquid Robotics to produce USVs.

*    India’s first AI unicorn Fractal is said to weigh 500 million $ IPO.

*    Dassault sets up MRO for Rafale and Mirage fighters in India; Indian nationals will head the venture.

*    Sebi investigates 6 investment banks over handling of SME IPOs: Report.

*    OYO estimates EBITDA to cross Rs 2,000 crore in FY26 with the Motel 6 acquisition.

*    New airline Shankh Air gets Civil Aviation Ministry nod to start operations.

*    India's petroleum exports plunge in the first five months of FY25.

*    Spice Jet finalizes settlement with Engine Lease Finance Corporation.

*    India teams power our global AI ambitions, says IBM Research AI head.

*    Investment banks enter the startup funding space to diversify revenue streams.

*    Stonepeak fourth shortlisted bidder to buy O2 Power in 1 billion $ deal.

*    M2P builds war chest for acquisitions with ₹850 crore funding from Helios and others.

*    OTTplay became one of the first OTT players in India to join ONDC Network.

*    Revolut Chairman Among Consortium to Buy Monaco Private Bank.

*    Tata Nexon iCNG launched in India and starting at ₹8.99 lakhs.

*    JSW Auto Appoints Rajiv Mehta As Chief Of Business.

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