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STOCK MARKET UPDATES 28/10/2024



 

*    LIC eyes entry into the bond forward rate agreement market by the end of FY25.

*    SBI Life will be least affected by new surrender value norms: MD & CEO.

*    Proper infra and workforce are key challenges for the logistics industry: Experts.

*    Sebi notified Axis Bank about a stake buy in Max Life Insurance.

*    SBI and Exim Bank helping Africa's businesses by filling the trade financing gap.

*    DLF expects 26,000 crore Rs from the super luxury project in Gurugram said MD.

*    Godawari Power and Ispat Q2 results: Net profit falls 38% to 159 crore Rs.

*    Sebi will auction 7 properties worth 15.47 crore Rs of Bishal Group on Dec 10.

*    ESIC enrolls 2.07 million new members in August and net additions rise by 6.8%.

*    Isro will launch an electric-propelled satellite in December: Chairman Somanath.

*    FAR securities have received 60,000 crore inflows since JP Morgan's inclusion.

*    The government will boost panchayat infrastructure and border areas in focus.

*    Fairfax will not cut CSB Bank stake in five years: MD & CEO Pralay Mondal. 

*    Moody's raises Vedanta Resources rating driven by efforts to access funding.

*    India's oil demand may revive amid festivals and elections and show S&P Global Commodity Insights.

*    Inflation trajectory expected to moderate from Q4: RBI governor.

*    Yesbank beats the forecast with 553-crore Rs Q2 profit.

*    Deutsche Bahn sources loco pilots from India for its global projects.

*    DLF says it is on track to meet FY25 guidance despite a drop in Q2 bookings.

*    Credit growth for banks will moderate to 12 percent in FY25: Icra.

*    In India, Honda will replace faulty fuel pumps in 90,468 old units of select models.

*    IRDAI tightens fraud rules posthacking incidents.

*    Solex Energy and SBI partners will provide finance for solar projects.

*    Qualcomm says the device ecosystem is good for support services in the 600-Mhz spectrum band.

*    The oil ministry seeks to reform itself to address future energy challenges.

*    SIDBI boosts the indigenous brass and bell metal industry in Assam.

*    Abhay HealthTech acquires MNP Healthcare to expand its footprint in the OTC segment.

*    India's real GDP to grow at 7.2% in FY25 on investment and consumption boost: FM.

*    ICICI Bank Q2 results: Net profit rises 14.47% to 11,745.88 crore ₹.

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

*    India Inc. is caught between reinvesting and giving dividends to investors.

*    Online transactions are likely to be affected by TRAI's new guidelines from November 1.

*    Oil gains 4% over Middle East conflict ahead of US elections; Brent at 76 $.

*    IDFC First Bank Q2 Results: Net profit drops 73% to 200 crore ₹ and NII up 21% YoY.

*    Qatar's Nebras deal with Aditya Birla Group's green arm on hold.

*    CBDT extends the ITR filing deadline for corporates to November 15.

*    Healthify raises 20 million $ to fuel US expansion.

*    IPO-bound Swiggy sets valuation target at 11.3 billion $ and issue open post-November 6.

*    India ramps up defense aircraft production with Airbus factory launch in Gujarat.

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