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STOCK MARKET UPDATES 04/10/2024



 

*    Biocon Biologics refinances 1.1 billion $ in debt through bonds and syndicated facilities.

*    Ashok Leyland partners with Japan's Nidec to develop e-drive motors.

*    Chennai-based Refex will raise Rs 927 crore through preferential issues.

*    Hyundai Motor India will likely launch a Rs 25,000 crore IPO on October 14.

*    BOJ policymaker calls for slow and cautious movement on interest rate hikes.

*    Sebi reduces the trading lot size of privately placed InvITs to Rs 25 lakh.

*    LML sues Bajaj Auto over unauthorized use of the 'Freedom' trademark.

*    Oil stocks surge as crude prices spike amid rising Middle-East tensions.

*    The government rolls out the scheme to provide 10 million internships over five years.

*    The RBI will likely continue using forex reserve to reduce volatility: Report.

*    Tesla will recall over 27,000 cybertrucks in the US over rear-view image delay.

*    BPCL and Mumbai Port Authority will launch India's first green fuel ecosystem.

*    DPIIT ties up with Johnson Controls-Hitachi to launch a startup incubator.

*    Bank of Baroda will sell its Oman operation to Bank Dhofar.

*    Specialty chemical startup Mstack raises 40 million $ from Lightspeed, Alpha Wave, and others.

*    China is ready for a 1.4 trillion $ fiscal bazooka, the top economist said.

*    Practo appoints TVG Krishnamurthy and Alexander Kuruvilla to the board of directors.

*    EET Fuels secures 650 million $ in financial facilities.

*    India’s housing market sets new highs as sales surge and growth continues.

*    iSprout expands its footprint in Hyderabad with one million square feet of office space.

*    Indian CEOs are optimistic about the global economy but not their own companies.

*    Goldi Solar will increase module manufacturing capacity by FY26.

*    Google India MD said need to address stakeholders' concerns to realize India's AI ambition.

*    Oil & gas, energy, and PSU banks among 5 key index underperformers during the first half of FY25.

*    India has huge growth potential, even more than China: David S. Marriott.

*    After the G20 consensus, Google will export India’s digital public infrastructure.

*    OpenAI closes 6.6 billion $ funding haul with investment from Microsoft and Nvidia.

*    World Bank's B-Ready survey will evaluate 10,000 Indian firms.

*    Coal production from captive and commercial blocks rises 32% in H1 of FY25.

*    Mahindra Thar ROXX sets a record with 1.76 lakh bookings in just 60 minutes.

*    Adani Group and Google collaborate to advance clean energy goals in India.

*    Dabur’s September-quarter update pours cold water on market hopes.

*    Ola launches festive offers, slashes S1 price to 49,999 ₹ to boost sales. 

*    RITES signs MoU with Delhi Metro to execute metro projects in India & Abroad.

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