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STOCK MARKET UPDATES 25/10/2024



 

*    Cabinet approves 2 railway projects worth 6,798 crore Rs in Bihar and Andhra.

*    Tata Power and Keppel team up for the sustainable cooling solutions in India.

*    COAI urges license fee cut and said telcos face the double burden of AGR payments.

*    Hindalco Industries joined the International Copper Association as a new member.

*    2024 was our best year in business performance: Acer CBO.

*    Ola Electric launches Digital Twin platform powered by Nvidia Omniverse.

*    India Inc Q2FY25 revenue growth seen at 5-7% and slowest in 4 years: CRISIL.

*    Ashok Leyland subsidiary bags order for 500 electric buses from Chennai MTC.

*    Hermes reports 11.3% growth in Q3 sales and outshining luxury rivals.

*    Nvidia launched a Hindi-language AI model in India as CEO Huang visits.

*    Unilever will revamp Indonesia operations amid revenue drop and boycotts.

*    Oyo Q2 results: Net profit Rs 158 crore and revenue surges to 1,578 crore Rs.

*    Government aims to develop 50 more airports in 5 years: Aviation minister K Rammohan Naidu.

*    India approves 119 million $ fund for space startups.

*    Godrej Consumer Q2 Results: Net profit rises 13% to 491 crore Rs.

*    United Breweries cheers to new beginnings; by debuting premium Dutch beer Amstel in India.

*    NCLT directs initiation of insolvency proceedings against Spaze Towers.

*    Indian BPM companies must rethink the approach to talent, and prioritize righInter-Governmentalt skills: Report.

*    Strong technology focus will dominate the India-German Inter-Governmental Commission.

*    Defence ministry signs contract with firm to procure 6 Air Cushion Vehicles.

*    Taiwan's TSMC stops client shipments after chips are sent to Huawei.

*    Schneider Electric will provide energy management solutions for Noida Airport.

*    Hyderabad registers over 59,000 home sales in the first 9 months of 2024; marking 13% year-on-year growth.

*    India's oil demand may rise nearly 4% in December quarter: S&P Global.

*    India’s business growth picks up in October: HSBC Flash PMI.

*    Retail investors' mutual fund assets spiked nearly 50% in the past 1 year.

*    LinkedIn was fined 310 € million by EU regulators for data privacy violations.

*    EIB works with state companies to fund green hydrogen projects.

*    IPO-bound Swiggy slashes valuation target by 10-16% to 12.5 -13.5 billion $.

*    Telecom firms ask the government to do away with fees on AGR.

*    Apple will launch updated MacBook Air with M4 chips in early 2025: Report.

*    IndusInd Bank Q2 result: PAT falls 40% YoY; NIM moderates.

*    Perplexity CEO Aravind Srinivas proposes revenue deals for publishers.

*    The government doesn’t want inland waterway terminals to rival major ports for business.

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