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STOCK MARKET UPDATES 02/12/2024



 

*    Bank's October credit growth to NBFCs slows to 6.4%, as shown in RBI data.

*    Domestic passenger vehicle wholesales rose by nearly 4% in November.

*    Volkswagen workers will go on warning strikes at plants across Germany.

*    Rivals press the accelerator as Ola Electric's e2W market share shrinks.

*    IPRU Edge drives ICICI Prudential's agent productivity by 37% in H1FY25.

*    Petrol and diesel consumption rebounds in November on festival demand.

*    Maruti Suzuki sales rise 10% in November; Hyundai down 7%, TaMo up marginally.

*    Holcim will sell Lafarge Africa's stake to Huaxin Cement in a 1 billion $ deal.

*    Government invites applications for the post of pension fund panel PFRDA chief.

*    PE investment hits 30.89 billion $, up 22.7%; IPO exits take spotlight in 2024.

*    Realty firm Signature Global will recognize 10k crore Rs revenue by March 2026.

*    Kairali Ayurvedic Group eyes 150 crore Rs revenue by FY26 with organic growth.

*    Overall coal production hits 90.62 million tonnes in November 2024: Coal Ministry.

*    Biocon Biologics gets US nod to launch Stelara biosimilar.

*    CSA targets the Indian market to boost SA20 viewership and tourism.

*    Piyush Goyal holds key talks with Assam tea industry stakeholders.

*    UPI payments see a dip in November as festive fervor recedes.

*    Government removes mandatory registration for certain items under chip imports monitoring system.

*    Auditing of companies has improved in last 3-4 years: NFRA Chairperson.

*    Huge import opportunities for UK apparel firms in India: AEPC.

*    Chennai will add 12-13 million square feet of premium office space in 2025-26.

*    Hinduja Tech completes acquisition of TECOSIM Group.

*    Retailers and brands see record business at Black Friday weekend sales on the back of discounts and marketing.

*    Gold loans from banks and other personal loans see a moderate rise.

*    GST collection for November rises by 8.5% to 1.82 lakh crore ₹.

*    Ending Bajaj Fin credit card tie-up a non-event and pace of new sales to return in a quarter: RBL Bank.

*    JPMorgan Rejects Transition-Finance Trend Gripping Wall Street.

*    FDI inflows jump 45% to 29.79 billion $ in April-September 2024.

*    Americans spent 10.8 billion $ online on Black Friday, 10.2% YoY increase: Report.

*    DRA Homes targets 1,000 crore ₹ revenue by FY27; signs Rashmika Mandanna as brand ambassador.

*    November Review: Nifty 50 records 2nd month of decline, FPI outflows moderate.

*    M&M will sell EVs through the existing sales network to offer all choices under one roof.

*    DLF agrees to sell Kolkata IT park to local developers for 637 crore ₹.

*    EPFO directs Bajaj Allianz Life Insurance to pay 121 crore ₹ default.

*    Demand for retail space in malls and high streets in top 8 cities up nearly 5% in January-September: C&W report.

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