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STOCK MARKET UPDATES 10/12/2024



 

*    Retail inflation for farm workers eases to 5.96%, and rural laborers to 6%.

*    Wheat sowing is up 2.28% while oilseed acreage falls 4.34% in ongoing winters.

*    Car sales dropped by 14% in November, two-wheelers see a 16% jump: Fada.

*    Blackstone plans to invest up to 5 billion $ in a third Asia-focused fund in India.

*    Rajasthan Summit: Vedanta, top industrialists announce major investments.

*    Mumbai's infrastructure revamp takes center stage as the new government takes charge.

*    Metropolis Healthcare will acquire Core Diagnostics for 247 crore Rs.

*    Insurers urge IRDAI to crack down against OEM-linked motor insurance brokers.

*    IT sector to witness 15-20% growth in job opportunities in 2025: Report.

*    India's copper demand rises by 13% to hit 1,700 kilotonnes in FY24.

*    China's BYD on track to top 2024 sales goal and outsell Ford, and Honda.

*    Tata Group-owned Air India places an order with Airbus for 100 planes.

*    Dezerv surpasses 10,000 crore Rs in AUM; targets 25,000 crore Rs by December 2025.

*    Waaree Energies bags order to supply 1 GW solar PV module.

*    Kia India will hike vehicle prices by up to 2% starting in January.

*    PSB loan write off in H1 FY25 at 42,000 crore Rs.

*    IIT Guwahati develops tech to convert methane, and carbon dioxide into eco-friendly biofuel.

*    Tata Motors will hike passenger vehicle prices by up to 3% in January.

*    Trident Group plans to invest 3,000 crore Rs in Madhya Pradesh.

*    Bank of Baroda launches new MSME offerings-‘Baroda Mahila Swavalamban’ and ‘Baroda Smart OD’.

*    Popular US-based weight loss drug maker Eli Lilly plans to launch medicine in India next year.

*    Will procure about 2000 MW power from SECI next FY: AP discoms in filing with the state regulator.

*    Digital agency DEPT appoints David Neal as Global CFO.

*    Global investors see India as a key market for PE investments: Coller Cap report.

*    India appoints Revenue Secretary Sanjay Malhotra as the new RBI Governor.

*    China eases monetary policy stance and vows more fiscal support.

*    Input Tax Credit fraud: 35,132 crore ₹ evasion detected by GST officers.

*    BP and Jera to Invest Up to 5.8 Billion $ in Offshore Wind.

*    India's media and entertainment industry to hit 3.65 trillion ₹ by 2028.

*    India and Australia review the Comprehensive Economic Cooperation Agreement.

*    MapMyIndia scraps decision to invest in outgoing CEO Rohan Verma’s startup.

*    GIC Picks JPMorgan to Advise on 5 Billion $ Greenko Stake Sale.

*    PE fund Wilson & Hughes to pump in 1,000 crore ₹ to revive Cox & Kings.

*    India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases.

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