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STOCK MARKET UPDATES 18/10/2024



 

*    Veteran oil and gas exec Naresh Nayyar was appointed to the board of EET Fuels.

*    Infosys boosts headcount by 2,456 in Q2, reversing earlier staff cuts.

*    Secondary long steel makers likely to see a 7% rise in FY25 revenues: CRISIL.

*    Indian CDMOs could account for up to 10% of global outsourced work by 2033.

*    Nokia cuts 2,000 jobs in China, and 350 in Europe as part of restructuring.

*    Hyundai submits PFR to modernize the TN plant for 1,500 crore Rs.

*    RBI bars four non-bank lenders from issuing loans for breaching norms.

*    LIC Housing Finance accepts bids worth 1,300 crore Rs for 5-year bonds: Report.

*    J&K's 5.9 million tonne lithium reserve will be re-explored after the failed auction.

*    NFRA chairman Pandey stresses the need to adopt global audit standards.

*    Borosil urges the government to impose anti-dumping duty on Chinese solar glass.

*    Mumbai property registrations grow 13% during Navratri: Knight Frank.

*    Cargo volume at 12 major ports rises 5% to 413.747 MMT in September: Ports ministry.

*    Axis Bank issued over 1 million credit cards in Q2 FY25 as the trend picked up with the festive season.

*    Zomato board will consider fundraising via QIP on October 22.

*    CIEL HR Services acquires talent assessment firm Thomas Assessment.

*    Tata Communications Q2 results: Cons PAT rises 3% YoY to 227 crore Rs but declines 32% QoQ.

*    Trend towards mass casualization to fuel the growth of Foot Locker in India said the global chief.

*    ITC Limited launches 9.45 MW solar plant in Karnataka to boost renewable energy goals.

*    Mutual Fund AUM at all-time e high of 67.90 lakh crore Rs in September: AMFI.

*    Slice raises 8.5 million $ from founder Rajan Bajaj.

*    Ampin Energy Transition gets a 742 crore Rs loan from Standard Chartered Bank.

*    Maruti Suzuki's Manesar plant became the fastest to hit a 1 crore production milestone globally.

*    Pushed by finance ministry, ONGC to reduce arbitration, and use IIAC services.

*    Indian Overseas Bank Q2 results: Profit rises 24% to 777 crore ₹.

*    Infinix Zero Flip launched in India with MediaTek Dimensity 8020 chipset.

*    Nestle India says it will soon launch Cerelac variants with no refined sugar.

*    Central Bank Q2 Results: Net profit surges 51% to 913 crore ₹ and NII up 13% YoY.

*    Quantum computers may soon outclass traditional ones said an IBM fellow.

*    IRCTC booking: The advance reservation period for railway tickets is reduced to 60 days.

*    Havells Q2 results: Net profit rises 7.5% to 268 crore ₹, and revenue up 16% YoY.

*    Consumers must get incentives to buy energy-efficient cooling appliances: Godrej.

*    Warner Music India eyes position in the top 3 by next year.

*    Integrum Energy Infrastructure files draft papers with BSE for SME IPO.

*    China announces fresh round of measures to boost property sector.

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