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STOCK MARKET UPDATES 06/11/2024




 

*    Government estimates record 119.93 mt rice output in the 2024-25 Kharif season.

*    JNPA records a nearly 12% rise in October container traffic to 614,651 TEUs.

*    Shreyas Srinivasan quits as Paytm's CPO after Zomato's Insider acquisition.

*    Airtel pushes DoT for the non-discriminatory waiver in telecom sector reforms.

*    Maruti Suzuki-backed Bharat Seats will issue bonus shares for shareholders.

*    Thomson Reuters Q3 revenue rises 8% to 1.72 billion $ and beats expectation.

*    Apollo's Q3 profit increases 12% on gains from retirement business.

*    IBBI proposes a mediation mechanism for operational creditors in IBC.

*    S Korea fines Meta 15 million $ for illegally collecting information from Facebook users.

*    4.8 million weddings this year to generate over 6 trillion Rs: Cait.

*    Government starts Phase-II of subsidized wheat flour and rice sale under 'Bharat'.

*    Iron ore climbs to over 2-week high on prospects of more China stimulus.

*    IndiGo co-founder Rakesh Gangwal becomes chairman of Southwest Airlines.

*    India and Kazakhstan will set up a JV in the critical minerals sector.

*    Bajaj Finserv Mutual Fund files were drafted with Sebi for the ELSS fund.

*    IHCL acquires the majority shareholding of the company that operates Tree of Life.

*    Aptus Value Housing Finance Q2 Results: Profit rises 22% to 182 crore Rs and dividend declared.

*    Marut Drones raises 6.2 million $ from Lok Capital.

*    QubeHealth raises pre-series A funding from UIV and CanBank.

*    NBCC secures a 500 crore Rs contract from BIS.

*    Venus Remedies gets GMP approval for pre-filled syringe facility.

*    Fidelity marks up Lenskart valuation by 12% to 5.6 billion $.

*    IL&FS seeks legal advice to recover excess remuneration paid to directors.

*    Power trading volumes in the short-term market rose 12% in FY24.

*    JSW Steel and Korean steel-maker eye 7.7 billion $ investment in Odisha plant.

*    Muthoottu Mini Financiers launches NCD issue to raise 150 crore ₹.

*    The NMDC board will consider the bonus issue for the first time in 16 years on November 11.

*    Sebi’s move will curb option volumes to have a substantial impact said the NSE chief.

*    Around 7,000 crore-crore ₹ worth 2,000 ₹ banknotes yet to be returned to RBI.

*    MSCI review: Voltas, BSE, and Adani Energy are among the six likely inclusion stocks.

*    JK Cement cut volume growth guidance, but a timely expansion makes up for it.

*    Apollo Green Energy plans 1,500 crore ₹ capex to capitalize on India’s green push.

*    CastNX Secures 23.22 Crore ₹ Investment to Drive Power Electronics Innovation.

*    Ranjan Pai’s Claypond backs Easy Home Finance in a 35 million $ funding round.

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