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STOCK MARKET UPDATES 19/11/2024



 

*    Indian Railways plans 23 new container terminals to enhance cargo movement.

*    Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL.

*    ESB chairperson Mallika Srinivasan gets a one-year extension beyond 65 years.

*    Port delays and red tape strain India's 10,000 steel user units: GTRI.

*    Spirit Airlines files for bankruptcy after a long run of quarterly losses.

*    SBI raises 10,000 crore Rs through 15-year infrastructure bonds at 7.23%.

*    Taiwan seeks economic partnership with the EU to boost semiconductor ties.

*    India's Apollo Radiology acquires a reporting wing for the UK's InHealth Group.

*    Alibaba plans to raise 5 billion $ through dual currency bond issuance.

*    Goldman Sachs and Morgan Stanley downgrade China's economic growth outlook.

*    RBI will launch cloud services to challenge global firm dominance in 2025.

*    Paddy procurement begins and the target is set to purchase 16 million tonnes.

*    Indian REITs distribute 2,754 crore Rs in H1 FY24 and up 14% YoY.

*    India's GCC ecosystem hit 100 billion $ by 2030: report.

*    GST Council will hold its 55th meeting on December 21 in Jaisalmer, Rajasthan.

*    Cost of borrowing is very stressful, and banks need to make interest rates affordable: FM Sitharaman.

*    Bajaj Finance FD book rises 21% to 66,131 crore Rs as of September-end.

*    MakeMyTrip will acquire the Happay Expense Management Platform from CRED.

*    IndiaMart hires UpGrad's Saurabh Deep Singla as chief HR officer.

*    Hindalco expects to gain from China scrapping export tax rebate.

*    The Good Glamm Group has completed the acquisition of The Moms Co.

*    Government will exceed FY25 direct tax collection target: CBDT chief.

*    HCLSoftware appoints Vikrant Chowdhary as SVP & country head for India.

*    SBI will open 500 new branches in 2025, said Nirmala Sitharaman.

*    Tata Electronics will buy a 60% stake in Pegatron's iPhone plant: Report.

*    RBI will take on Google and Microsoft with its first-ever cloud platform: Report.

*    India will likely attract 20-25 billion USD FPI inflows in FY25, recent outflow temporary: Bank of Baroda.

*    The urban labor market shows improvement as unemployment declines in the September quarter.

*    India's top exports in April-October were Pharma, electronics, and engineering goods.

*    Click2Pro Expands Mental Health Consultation Services across India.

*    Geniemode eyes 500 crore ₹ fundraising from new and existing investors.

*    Nykaa’s beauty business growth is a highlight but the margin is a sore spot.

*    HealthKart raises 153 million $ led by ChrysCapital and Motilal Oswal Alternates.

*    Oman’s OQ Seeks to Raise 490 Million $ From Methanol Unit IPO.

*    WeWork India appoints Jitendra Mohandas Virwani as a non-executive chairman and Karan to be MD & CEO.

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