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STOCK MARKET UPDATES 30/09/2024



 

*    Tata Sons plans to buy a 13% stake in Tata AutoComp for Rs 2,122 crore.

*    IBA expects to attract Rs 1,600 crore investment for the biogas sector at REI 2024.

*    Goyal holds discussions with 140 firms getting production-linked incentives.

*    AI Express-AIX Connect merger in October first week; 'I5' to fly into sunset.

*    With more foreign investment, India can build the movie industry quicker: IMAX.

*    Lulu Group will set up Andhra Pradesh food processing and logistics centres.

*    Microfinance growth is driven more by lenders' loan disbursement than demand.

*    Housing prices in Delhi-NCR and Bengaluru jump 29% in July-September: Anarock.

*    Insurance companies enhance tech spending to meet evolving customer needs.

*    Government mulls new regulatory mechanisms for FDI supervision and oversight.

*    HC upholds arbitral award in favour of R-Infra in judgement on DVC petition.

*    Regulatory and policy reforms crucial for future of India's pharma R&D: Report.

*    Engine maker GE Aerospace plans to increase sourcing components from India.

*    NLC India eyes critical mineral mining capacity of 1 MTPA by FY30.

*    Deloitte eyes 5 billion $ revenue from Indian biz by 2030: South Asia CEO.

*    Reliance Infra wins Rs 780 crore arbitration case against Damodar Valley Corporation.

*    Linking spurious drugs with legitimate manufacturers has severe reputational and financial impact: IPA.

*    Sebi mulls standardise the format for disclosure of change in risk-o-meters of MF schemes.

*    Government will soon release a 'master list' of tourist sites for holistic development: Gajendra Singh Shekhawat.

*    ASUS bets on aggressive retail expansion to become India's top PC brand.

*    India will boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Crisil Ratings.

*    The EV industry in India is not relevant without incentives: Bernstein.

*    L&T Semicon expects its chip production to start in 2 years; and to set up units later.

*    Tamil Nadu CM Stalin lays the foundation stone for Tata Motors' Rs 9,000 crore manufacturing plant in the state.

*    SBI plans innovative products to attract depositors amid growing financial awareness.

*    Candytoy partners with Reliance Retail to supply confectionery toys to 1,400 outlets.

*    IDFC will merge with IDFC FIRST Bank, effective October 1.

*    NEDFi reports a rise in profit for FY24 by 14.19% to Rs 132.37 crore from Rs 115.92 crore.

*    India's forex reserves surge and reach a record high of 692.3 billion $: RBI.

*    Indian steel producers warn of China import surge amid US tariff hike.

*    Flipkart's online sellers sue CCI over antitrust probe.

*    GQG Partners will pay 500000 $ as a penalty to the SEC for violating whistleblower rules.

*    Sebi cuts down the timeline for debt securities from T+6 to T+3.

*    The Supreme Court will rule on AERA’s powers which may lead to costlier airport services.

*    Reliance-Disney merger ahead: RIL wins government approval for transfer of channels.

*    The 1.7 billion $ takeover brawl fueled by a fear of China.

*    Accenture’s Gen AI bets pay off with 3 billion $ in bookings.

*    First novel Schizophrenia treatment in decades gains FDA approval.

*    Dell mandates in-office work for global sales team after layoffs: Report.

*    Reliance Power will consider stake sale for fundraising and a board meeting on October 3.

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