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STOCK MARKET UPDATES 27/09/2024



 

*    Biocon inks licensing and supply pact with Tabuk Pharmaceutical Manufacturing.

*    India will add 50 new pharma greenfield plants under the PLI scheme: Pharma Secretary.

*    Thermax looks for double business in existing international markets.

*    Tata Electronics and PSMC sign pact for Rs 91,000 crore chip manufacturing unit.

*    Bandhan Life partners with Bandhan Bank to boost the insurance business.

*    CPD exports to contract by 18-19%; sector outlook remains negative: Report.

*    IDBI Bank launches OTS scheme for retail NPA borrowers to boost recovery.

*    Government mulling to increase ethanol price and sugar MSP: Food Minister Joshi.

*    NCLAT gives the go-ahead to IECCL resolution and delinks with other IL&FS cos.

*    SAIL members okay move to undertake material-related transactions with JVs.

*    Icon Facilitators plans to raise funds via IPO; eyes Rs 100 crore revenue.

*    Entod Pharma met DCGI and issued a clarification over the eye drop 'claims'.

*    Balmer Lawrie plans to spend Rs 700 crore capital and diversify it into ethanol production.

*    SpiceJet clears employee dues till August after fundraising.

*    KP Energy gets a 30 MW wind project in Gujarat.

*    Hardening rubber prices will pressure tire makers’ margin: Crisil.

*    HDFC Bank launches instant SIP feature via the SmartWealth app for quick MF investments.

*    Microsoft set to merge Xbox and Game Pass apps on iOS devices.

*    Indian fincos face balancing act of regulation and high credit growth said S&P Global ratings.

*    Uttar Pradesh unveils plan to boost rural tourism with 93 village homestays.

*    MMRDA secures Rs 31,673 crore loan for infra to transform Mumbai's transportation network.

*    Ola Electric plans to expand sales and service infra to 10k outlets by 2025-end.

*    Coal India arm BCCL books 2.40 MT coking coal for the steel sector.

*    Government will borrow 6.61 lakh ₹ crore via dated securities in H2FY25.

*    NTPC Green and Mahapreit in JV to develop 10 GW green capacity.

*    Accenture unveils 4 billion $ buyback and lifts 2025 revenue guidance on AI boom.

*    Zetwerk secures module manufacturing orders worth about 2,500 ₹ crore from NTPC.

*    Radisson Hotels expands rapidly across India amid demand for branded rooms.

*    Godrej Properties board will mull fundraising on October 1.

*    Chip-maker Intel needs a turnaround and not a takeover by Qualcomm.

*    Supreme Court halts creditors meeting in Byju’s insolvency case.

*    Three months in a row, Tata group beats IndiGo in capacity by ASK.

*    Italian authority probes Shein's claims of sustainable fashion practices.

*    Google's antitrust battles may drag on for years, says CEO Sundar Pichai.

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