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STOCK MARKET UPDATES 24/12/2024



 

*    BEL secures 973 crore Rs in new orders; FY25 order book reaches 9,801 crore Rs.

*    TVS Emerald buys land in Chennai for 2,800 crore Rs real estate project.

*    EPACK Prefab raises 20 million $ in the first funding round from GEF Capital Partners.

*    Claims ratio of non-life insurers dips to 82.52% in FY24: Irdai report.

*    MFN status suspension will not delay the EFTA trade pact with India: Switzerland.

*    Residential sector key source of PM2.5 pollution in north India: Study.

*    Chaudhry's Sparkl bags 4 million $ from Zomato, Zerodha founders, and others.

*    Banks lobby RBI to approve new benchmark for overnight indexed swaps.

*    WB's revenue expenditure outpaces capital spending in H1 FY25: Report.

*    Sugar production to hit by weather, export prospects dwindle: Isma.

*    Stock market researcher Univest raises 10 million $ from Bertelsmann India.

*    The ICAI disciplinary committee looking into an edtech Byju's matter.

*    India will kick off the critical minerals mission to bolster energy transition and EV manufacturing.

*    Oman Air ropes in InterGlobe Air Transport as a general sales agent.

*    Waaree Energies board approves investment proposals worth 850 crore Rs.

*    Weather woes to crush India's sugar production, and export hopes.

*    Nano urea demand pegged at 2.36 crore bottles for rabi season; six plants operational.

*    Drone startup Garuda Aerospace's patent count touches 20.

*    Lohia Auto launches EV brand 'Youdha', aims to sell 3 lakh vehicles by 2027.

*    Middle East share of India's November oil imports at 9-month high; Russia down.

*    Indian buyers still prefer physical dealerships over online mediums to purchase cars: Survey.

*    After a squeeze in urban demand & price hikes, the FMCG industry expects consumption revival in 2025.

*    More planes, flights, and airports to brighten Indian aviation in 2025; supply chain shadows remain.

*    Indian telecom industry loses 33 lakh subscribers, October data shows a 0.21% drop.

*    Indian mutual fund industry set for multi-fold growth in 2025: ICRA.

*    Nissan and Honda are expected to announce plans to merge, creating the world's number 3 automaker.

*    Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs.

*    India's benchmark indexes rebound after the worst week since June 2022.

*    Sebi will auction 28 properties of 5 companies next month.

*    Siemens’s FY25 outlook has too many moving parts.

*    PVR INOX rejigs media biz, appoints Chief Sales Officer Shalu Sabharwal as head.

*    India's data center capacity to double by fiscal 2027: Crisil report.

*    The electric motorcycle segment will display 100x growth over the next 6 years.

*    Byju ’s-owned Aakash’s former CEO launched new edtech startup Sparkle.

*    The lobby group said Russia seeks lower transaction costs on Egypt wheat payments.

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