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STOCK MARKET UPDATES 10/10/2024




 
*    Power demand may reach 270 GW next year, and 446 GW by 2035: CEA Chairperson.

*    Infosys expands its partnership with Microsoft to boost Cloud and GenAI adoption.

*    IRB Infrastructure will raise debt of up to 200 million $ via a bond issue.

*    JSW Infra receives LoI to develop a port project worth over Rs 4,000 crore.

*    Hinduja Leyland Finance receives 'AA+/Stable' rating boost from CRISIL.

*    India bond yields drop on FTSE Russell index inclusion and RBI stance shift.

*    CBAM unilateral and arbitrary will hurt Indian industry: FM Sitharaman.

*    Expert panel recommends banning 16 more FDCs over safety concerns: Report.

*    India's pharma exports are expected to remain strong amid the global slowdown.

*    ValueQuest India Moat acquires a 1.17% stake in MSTC.

*    RBI misses the chance to boost housing demand by keeping repo rate steady: Credai.

*    Tata Electronics names Bobby Mitra as CIO, and president for AI transformation.

*    Arvind Smart Spaces enters in a JDA for a high-rise project in Bengaluru.

*    Fortis Healthcare board approves raising up to Rs 1,500 crore via NCDs.

*    Welspun Enterprises gets  1,989 crore Rs design and build contract in Mumbai.

*    Isro's commercial arm NSIL onboards Pushpak for faster, and cheaper satellite placement.

*    Hyundai India announces they will invest Rs 32,000 crore in India over the next 10 years.

*    WeWork India leases over 60k sqft of office space in Bengaluru.

*    Akasa Air partners with Rolls-Royce for engine leasing deals.

*    BigBasket reports a 6% increase in FY24 consolidated operating revenue at Rs 10,062 crore.

*    RBI enhances transaction limits on UPI123 & UPILite.

*    SAIL's chairman said India needs to impose tariffs on steel imports.

*    Customs authority imposes 92.04 crore Rs penalty, and 10 crore Rs fine on Vedanta.

*    Cabinet approves development of National Maritime Heritage Complex in Lothal, Gujarat.

*    RBI keeps repo rate unchanged at 6.5%, and changes stance to ‘neutral’.

*    NCLT approves the delisting of ICICI Securities and dismisses plea objecting.

*    Cabinet clears extension of fortified rice scheme until 2028 to combat anemia.

*    India gears up for national green steel mission as demand surges.

*    CCI order in Google vs news publishers ‘in weeks’, to bring regulatory clarity.

*    Air India Express shoring up capacity with airframes from Air India.

*    FPIs pull out 55,700 crore ₹ from Indian equities in 7 days, DIIs absorb impact.

*    Standard Chartered India and South Asia CEO Zarin Daruwala will retire on April 1.

*    China finance ministry calls press briefing, and firing up stimulus hopes.

*    Warner Bros. Discovery will ramp up content production in India.

*    Byju transferred funds in violation of bankruptcy rules via a shell company.

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