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STOCK MARKET UPDATES 08/10/2024





*    India and UAE will set up food corridor at 2 billion $ investment: Piyush Goyal.

*    German property market grows but industry cautious on slow economic rebound.

*    India will award leases to top up strategic oil reserves amid Gulf tensions.

*    Honda overtakes Hero MotoCorp in 2W retail sales ahead of the festive season.

*    Tier-IV cities boost Meesho's festive sale; total orders increase 40%.

*    Oil giant Chevron sells assets worth 6.5 billion $ to Canadian Natural Resources.

*    Foundation stone laid of Rs 732 crore coal handling projects in Jharkhand.

*    Yulu turns Ebitda positive and aims to deploy 100K electric vehicles by 2025.

*    Computers, electronics industry leads post-pandemic job growth: ASI data.

*    Hero Motors withdraws DRHP documents to raise Rs 900 crore through IPO.

*    India's reservoir levels rise from last year, northern region lags: CWC.

*    India reduces the local remedies exhaustion period to 3 years for UAE investors.

*    Ashok Leyland commences delivery of electric trucks to Billion Electric Mobility. 

*    Reliance's Tira launches global luxury skincare brand Augustinus Bader in India.

*    IFC extends a 500 million $ loan to Axis Bank to fund green projects in India. 

*    Jio pushes Trai to revise the satcom paper on pricing, including the level playing field. 

*    Garmin and Apollo Hospitals join hands for health monitoring & wellness.

*    SAIL-BHP to jointly forge a steel decarbonization plan. 

*    Road safety startup Nayan Tech raises 2 million $. 

*    Suraksha Diagnostic gets Sebi's go-ahead to float IPO. 

*    Shakti Pumps board announces 5:1 bonus share issue. 

*    Airbus will source more components from India, says CEO. 

*    Consumer durables sector can create 500,000 new jobs in India by 2030: Report. 

*    The Commerce Department proposes solutions for exporters' credit crisis. 

*    Hitachi Energy plans to invest 2,000 crore ₹ in India's power sector.

*    HDFC Bank approves stake sale of HDFC Education for 192 crore ₹.

*    Agritech startup DeHaat is in talks to raise 100 million $ to buy a seed firm.

*    Amazon merges MX Player with miniTV to expand ad-supported streaming.

*    Drugmakers will face action for submitting wrong and misleading info, DCGI.

*    DGCA issues advisory on 'potential risk' in Boeing 737 rudder control system.

*    India bought 9% fewer vehicles in September, and FADA urges OEMs to tackle record-high car inventory.

*    Pfizer faces pressure as Starboard Value takes 1 billion $ stake.

*    Quick Heal eyes small firms, and individuals with its AI-powered anti-fraud tool.

*    MakeMyTrip will renew its focus on experiences, and activities in its tour packages.

*    Consumer goods companies turn defensive on acquisitions to maintain market share.

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