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STOCK MARKET UPDATES 13/12/2024



 

*    Tech Mahindra and ServiceNow collaborate to offer Gen AI management solutions.

*    Titan's Zoya plans 20 luxury jewelry stores in the next 3 to 4 years.

*    Green shoots will watch on consumption in food inflation likely to fall: Ficci Prez.

*    CPPIB and RMZ to invest 750 million $ in commercial projects in Mumbai.

*    Lenders will likely securitize loans over 60,000 crore Rs in Q3FY25.

*    Domestic steel capacity utilization to hit a four-year low, says ICRA.

*    HDFC Bank discloses Sebi warning letter in a regulatory non-compliance.

*    Mirae Asset launches 2 funds targeting India's emerging consumer landscape.

*    PC Jeweller board approves issuing 51.7 million shares to lenders to settle debt.

*    SBI adds to record samurai loan boom with 197 million $ debt facility.

*    Edible oil imports upside 39% in November, the highest shipment of crude oils: SEA.

*    GHCL gets environmental nod for soda ash project.

*    The Auto component industry grows 11% to 3.32 lakh crore Rs in April-September: ACMA.

*    Jewellery retailer Bluestone files for IPO, to sell fresh shares worth 118 million $.

*    China vows to issue more debt and cut interest rates next year.

*    TCS extends partnership with Telenor Denmark to manage IT infrastructure.

*    Expect economic growth of 6.5-7$ this fiscal; pick up in private investment: FICCI President.

*    CREDAI-Bengaluru seeks government support to resolve E-Khata-related issues.

*    Tata Motors will hike trucks and bus prices by 2% from Jan 1.

*    The Government seeks Parliament's nod for 44,143 crore Rs extra spending in FY25.

*    The Government is considering a proposal to regulate a safeguard duty on steel imports.

*    NCLAT appoints NBCC as a consultant to complete Supertech's 16 housing projects at 9,445 crore Rs cost.

*    Swiss National Bank cuts interest rates by 50 basis points.

*    Piyush Goyal says that the Government is confident in economic rebound despite global challenges.

*    India's October industrial output at a 3-month high of 3.5% y/y.

*    India's retail inflation eased to 5.48% on softer food prices in November.

*    Cumulative capex of airports expected to grow 12% at 60,000 crore ₹ in 3 years: Report.

*    India may extend duty-free yellow pea imports by two months.

*    Income tax refunds rise 46.31% to 3.08 lakh crore ₹ in FY24-25: FinMin.

*    Thousands of Chinese EVs Clog Up Brazil’s Ports in Slowdown.

*    Over 540 million bank accounts opened under Pradhan Mantri Jan Dhan Yojana: Report.

*    Rupee hits record low, RBI intervention counters bearish tilt.

*    Hotel sector set for growth with 8000-crore ₹ IPOs & ITC demerger: Jefferies.

*    IEA lifts 2025 oil-demand forecast but expects growth to remain subdued.

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