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STOCK MARKET UPDATES 12/11/2024




 

*    Indian pharmaceutical market registers over 6% growth in October 2024.

*    LG adds Axis Capital to arrange 1.5 billion $ for potential IPO listing.

*    Elon Musk's Starlink moves closer to India license and accepts data terms.

*    Amazon Seller Services cuts net loss by 28% in FY24 and revenue jumps 14%.

*    Collective effort required to achieve a 2 trillion $ export target by 2030: Goyal.

*    Medical tourism revenue takes a hit after the government stops visas for Bangladeshis.

*    Oil prices are steady as the US storm threat abates, and China's stimulus disappoints.

*    UPL Q2 results: Net loss widens to 433 crore Rs on lower agrochemical prices.

*    India's online gaming market grew by 23% in FY24 despite GST burden: Report.

*    China's BYD closing in on Ford deliveries after besting Tesla on revenue.

*    Flipkart achieves an EV deployment target of over 10,000 in the delivery fleet.

*    Zomato and Swiggy deny CCI antitrust violations and said the media report is 'misleading'.

*    Simplify terms and conditions in insurance policies to reduce complaints: IRDA advisory panel member.

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

*    Centre approves fire services projects worth 725 crore Rs for three states.

*    Keystone Realtors expects to surpass 4,000 crore Rs FY25 projects addition guidance.

*    Daimler India Commercial Vehicles appoints Michael Moebius as President, Chief Procurement & Supply Chain Officer.

*    BEML Q2 Results: Co reports marginal YoY decline in PAT, revenue falls 57%.

*    Sterlite Power gets 1,200 crore orders in Q2.

*    NFO Update: UTI Mutual Fund launches two index funds.

*    Disney Star's distribution head Gurjeev Kapoor leaves before Reliance-Star India merger: Sources.

*    TA Associates will acquire a majority stake in Vee Healthtek for 250 million $.

*    Clarivate leases 170,000 square feet of space at the Embassy Oxygen office park in Noida.

*    Vedanta aims to invest 500 million $ in display glass subsidiary AvanStrate Inc.

*    Equity mutual fund inflows skyrocket 21% to 41,887 crore ₹ in October.

*    Jet Airways founder Naresh Goyal gets medical bail in a money laundering case.

*    SC dismisses Sebi's plea against Mukesh Ambani in the RPL share manipulation case.

*    Mutual fund industry reported Gross SIP inflows of 25,323 crore Rs in October.

*    Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body.

*    Mphasis gives 25,000 stock options and 12,000 RSUs under ESOP 2016.

*    Maruti Suzuki Swift Dzire 2024 launched in India and the price starts at Rs. 6.79 lakh.

*    Balrampur Chini Mills Q2 results: Net profit falls 60% YoY to 67 crore ₹.

*    Inflation will rise to 5.81% because of the food price surge.

*    Index options trading swells to a record high in October amid heightened uncertainty.

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