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STOCK MARKET UPDATES 28/11/2024



 

*    India will have 777 GW power generation capacity to meet peak demand by 2030.

*    Emami Realty will develop 15,000 crore Rs worth of realty projects in 7 years.

*    SBI's total fundraising via bonds touched 50,000 crore Rs so far during FY25.

*    90 infra projects worth 3,417 crore Rs sanctioned for North East over 4 years.

*    Auto major Honda finally enters the electric scooter market and is banking on 'trust'.

*    Vedanta and PwC partners on carbon reduction initiatives in Odisha.

*    Over 90% of Indian businesses raised sustainability funds over the last year: Report.

*    NTT DATA announces intent to acquire cloud engg firm Niveus Solutions.

*    Pocket FM's revenue increased 6x to 1,052 crore Rs in FY24 and reduced losses.

*    Paper industry body flags below-cost imports and demand level playing field.

*    Arunachal government inks tripartite pact for hemodialysis machines under PMNDP.

*    Gaurs Group will invest 750 crore Rs on new housing projects in Greater Noida.

*    India has taken robust measures to regulate the fintech industry: Finance ministry official.

*    Total debt on major telcos hits 4.09 lakh crore Rs in FY24; BSNL debt lowest at 23,297 crore Rs.

*    India-Russia trade hits 66 billion $ in 2024; target of 100 billion $ by 2030 on track: Russian envoy.

*    EV leasing startup Alt Mobility raises 10 million $ from Eurazeo and others.

*    Fiscal deficit will likely be 4.75% of GDP in FY25; government capex to be lower by 62k crore Rs: IndRa.

*    The Axis Bank's loan books IFSC unit at GIFT City doubled to 4 billion $ in 5 years.

*    Abbott launches 14-valent pneumococcal vaccine for children in India.

*    Mahindra will pump 4,500 crore Rs to develop two new electric brands.

*    Akzo Nobel India gets demand of over 46 crore Rs from state tax authorities.

*    60 GW power generation by FY32 is an intermediary step, not the final destination: NTPC Green CMD.

*    Gold prices expected to jump to 3150 $ per troy ounce, 19% over current levels: Goldman Sachs.

*    Credit card spending soars to 2 trillion ₹ in October.

*    India's Welspun One raised Mumbai warehouse investment to meet cargo demand.

*    With cost pressures mounting, 91% of Indian firms plan finance budget reductions: EY.

*    OpenAI allows employees to sell 1.5 billion $ in stock to SoftBank: Report.

*    Telcos will ring in profit gains and Airtel will lead the pack in the September quarter.

*    Aircastle withdraws insolvency case against SpiceJet after a 5.6 million $ settlement.

*    NTPC Green Energy targets 19,000 MW capacity by March 2027.

*    Good Glamm's Saggi is said to be starting new innings in consumer electronics.

*    LIC and mutual funds opposed Punit Goenka as Zee MD.

*    Delhi and Mumbai airports get HC notice in Airports Authority revenue sharing plea.

*    Quick commerce gets popular and users spending more on such platforms: Meta study.

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