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STOCK MARKET UPDATES 22/10/2024



 

*    Tata Motors receives an order for 1000 diesel bus chassis from UPSRTC.

*    Housing sales in 30 major tier II cities down 13% in July-September: PropEquity.

*    Institutional investment in real estate up 31% to 4.61 billion $ in January-September: Report.

*    Indel Money will raise up to 150 crore Rs via NCDs to fund growth plans.

*    US buyers turn to India for apparel as Bangladesh faces growing concerns.

*    Government will extend air connectivity scheme UDAN scheme for 10 more years: Naidu.

*    Norwegian bank DNB will buy Sweden's Carnegie from Altor for 1.14 billion $.

*    Zomato's CEO Deepinder Goyal launches health, and wellness startup 'Continue'.

*    Bain-Backed 360 One's Co-CEO Taparia will depart amid the wealth management boom.

*    Innovation key to exponential growth of manufacturing sector: Bharat Forge.

*    UAE supermarket chain Lulu will offer a 25% stake in IPO, and list on Adx.

*    Dairy-tech startup Stellapps raises 26 million $ in series C funding.

*    Allied Blenders and Distillers Limited partners with Roust Corporation to launch Russian Standard Vodka in India.

*    Gujarat will harvest a record crop of groundnut due to an increase in area and yield, says SEA.

*    Inflation is declining, but there is still a distance to cover: RBI Bulletin.

*    Sterling & Wilson hives off data center business and raises 1,000 crore Rs.

*    Brookfield Properties will supply green power to campuses in Delhi-NCR.

*    UltraTech Cement Q2 Results: Net profit falls 36% YoY to 820 crore Rs.

*    Mukul Agrawal buys a 1.58% stake in Stanley Lifestyle.

*    PhonePe FY24 operating revenue is up 73% to 5,064 crore Rs, and loss is down 28%.

*    Alembic Pharma gets USFDA nod for generic hypertension treatment capsules.

*    Reliance Retail expands AZORTE with 12 new stores in India.

*    India's civil aviation sector has huge growth runway: GE Aerospace CEO.

*    Gemba Capital ropes in banking expert Somak Ghosh in its advisory board.

*    Indian apparel exporters' revenue may grow 9-11% in FY25, says Icra.

*    India Inc. wants to stay close to startups with incubators and accelerators.

*    STL eyes mitigation of EU dumping duty; aims to be among top 3 optic fiber cos.

*    AI startup Perplexity in funding talks to more than double valuation to 8 billion $.

*    NCLT dismisses ADAVL’s plea to block the use of the ‘Reliance’ brand by Hinduja Group.

*    Higher revenue forecast and employees signal growth for Indian IT’s top five.

*    Goa developer Vianaar taps the second-home market in Sri Lanka.

*    Navi has enough liquidity to handle issues from RBthe I ban, and the company tells lenders.

*    Atlantic Union will buy Sandy Spring Bancorp in a deal worth 1.6 billion $.

*    Swaraj Engines reports Q2 results: Net profit soars 20.4% to 45.4 crore ₹.

*    Microsoft unveils new autonomous agents in Copilot to enhance business processes.

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