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STOCK MARKET UPDATES 05/11/2024



 

*    Oil buyers and producers dialogue needed for market stability: Hardeep Puri.

*    India's semiconductor design sector booms despite Q2 hiring dip: Report.

*    Taj GVK Hotels Q3 PAT jumps 39% YoY to 17 crore Rs.

*    SAT Televenture will acquire Tikona Infinet for 669 crore Rs in cash and stock deal.

*    Sebi allows MFs to invest in foreign funds with Indian securities exposure.

*    Kotak Alternate Asset Managers will raise 1,600 crore Rs via healthcare PE fund.

*    The Coal Minister urges CIL to boost production and reduce import reliance.

*    TechEagle launches eight drone hubs with healthcare partners across India.

*    Fitch affirms IIFL Finance's rating after RBI lifts ban on gold-loan biz.

*    October weather did not favor Ukraine's winter crops: Scientists.

*    Exide Industries Q2 result: PAT falls 13.66% to 233.4 crore Rs on higher costs.

*    UAE opens its annual oil-and-gas summit and pledges to increase output.

*    CIL should prioritize augmenting coal production and supplies to reduce import: Minister.

*    Aptus has appointed Atul Jain as Managing Director and Chief Executive.

*    China's Haier Group plans JV with JSW Group envisaging a 1K crore Rs investment.

*    BFSI office leasing continues to surge as digital growth points to new records in 2024.

*    India will emerge as a Global South leader in AI global governance: Abhishek Singh.

*    India was re-elected as President of the International Solar Alliance till 2026.

*    Bajaj auto domestic 2-wheeler sales dropped 8% in October (YoY) and exports surged 22%.

*    Ashok Leyland's total sales fell 9% to 15,310 units in October.

*    Bangladesh fast-tracks payment to Adani Power after supply cut.

*    Welspun Corp gets 1,300 crores Rs pipe order for supply from the US.

*    India will revamp power demand forecasting for better planning.

*    Crystal Crop acquires I&B Seeds to expand vegetable and flower seed business.

*    RBI is likely selling dollars to support rupee amid equity outflows: Report.

*    IRFC Q2 Results: Net profit rises 4% YoY to 1,613 crore ₹ and revenue up 2%.

*    The Indian rupee touches an all-time low due to equity outflows from the domestic market.

*    Lulu Retail Holdings expects to raise 1.43 billion $ from its Abu Dhabi IPO.

*    DLF’s New ‘Ultra-Luxury’ Project has the Costliest Apartments in India.

*    Reliance Jio IPO may hit Indian market in 2025: Report.

*    NBFCs brace for slower growth as asset stress and fund costs pinch.

*    Skillmatics will likely go for India listing in 3 years: CEO Dhvanil Sheth.

*    SBI Mutual Fund average AUM surges to record 11 lakh crore ₹ in Q2.

*    Bosch will cut over 7,000 jobs as it lowers growth forecast for 2024.

*    InCred plans insurance and mutual fund arms as it seeks to diversify offerings.

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