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STOCK MARKET UPDATES 20/12/2024



 

*    The Commerce Ministry may face a possible repeat of the 2011 trade data error.

*    Zepto elevates Zepto Cafe's business head Shashank Shekhar Sharma as CXO.

*    Bharti Airtel clears 2016 spectrum liabilities by paying 3,626 crore Rs.

*    Air India orders 34 trainer craft for cadet pilots at planned flying school.

*    India's tech funding grows 6%, number of deals falls 31.5% to 1,448 in 2024.

*    CMD Gurdeep Singh says that NTPC plans to set up a nuclear power project in Bihar.

*    Coal-based power generation was up 3.87% in April-October, and coal imports dropped 3%: Government.

*    IOC will invest over 21,000 crore Rs in Bihar refinery expansion and gas projects.

*    BoE will hold a key rate despite slow economic growth and high inflation.

*    Adani Energy Solutions incorporates wholly owned subsidiary AESSTL.

*    Road InvIT AUM to rise 68% to 3.2 trillion Rs by March 2026: CRISIL Ratings.

*    Increasing tax on EVs will make it difficult for electrification journey: Kia India MD & CEO.

*    Euro zone bond yields jump after Fed cuts but signals caution.

*    Zetwerk logs 25% rise in FY24 operating revenue; loss triples to 470 crore Rs.

*    Anand Mahindra praises Gwalior student's innovative 'drone-copter'; viral video stuns the internet.

*    New Zealand enters recession, the economy sees worst downturn since 1991 and currency hits a new low.

*    Accenture Q1 Results: Co posts 17.7 billion $ in revenue, beats estimates.

*    India's job market is projected to grow 9% in 2025 led by IT, retail, telecom, and BFSI sectors: Report.

*    Property prices at Dwarka Expressway will increase by 29% in 2024.

*    Laxmi India Finance files DRHP with Sebi for IPO.

*    Somany Ceramic’s balance sheet focus may drive a 32% upside: Nuvama.

*    Italy's FILA raises 95 million $ from selling shares in Indian unit DOMS. 

*    Norway Keeps Rate Steady and Signals First Cut in March.  

*    No impact of Swiss withdrawal of MFN status to India: Nestle India.

*    Investors’ wealth erodes by 9.65 lakh crore ₹ in four days of market sell-off.  

*    Nippon-US steel executives are running out of time to save a 14 billion $ deal.

*    Google releases a second developer preview of Android 16.

*    TVS Credit will make a bid to Avendus Capital.

*    UK PM Keir Starmer hosts Indian business chiefs to boost investments.

*    Delhi High Court denies tax plea against Western Union.

*    Micromax and Phison Electronics form JV to develop storage chips.

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