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STOCK MARKET UPDATES 31/12/2024



 

*    India's defense exports crossed record 21,000 crore Rs over a decade: Defence Minister Rajnath.

*    Centre approves laptop and tablet imports for 2025 with mid-year review.

*    Reliance seeks a premium of at least 3.5 $ per barrel for oil from the KG block.

*    BII will make 650 crore Rs in the final tranche of investment on M&M's EV arm.

*    SPPL targets 1 million TV sales in 2025; expands capacity, and global brand licenses.

*    Indian firms raise record funds via corporate debt in 2024; to rise further.

*    Ikea sees slowest sales growth in India as losses mount, expands investment.

*    Mswipe's payment business turned profitable, and FY24 revenues grew 6%.

*    Banks' gross bad loan ratio seen worsening by March 2026: RBI report.

*    Bata India rolls out a voluntary retirement scheme for workers at Hosur.

*    Cos invested 17,581 crore Rs under PLI for specialty steel till October: Government.

*    India's macro fundamentals strong and all key indicators in the positive zone: RBI Financial Stability Report.

*    India's manufacturing sector's contribution to GVA will surge 21% by 2032 from 14% now: Report.

*    DBS Bank India will appoint Rajat Verma as CEO.

*    Health insurers disallowed claims worth 15,100 crore Rs during FY24.

*    Sebi will auction 23 properties of 9 companies in February.

*    UFlex investing nearly 200 million USD in Egypt for capacity expansion.

*    Textile industry body seeks schemes to help achieve a 100 billion $ export target by 2030.

*    Maruti Suzuki Dzire crosses the 3 million production mark.

*    BPCL buys Middle East grades to replace Russian shortfall.

*    JSW group is in talks with Chinese biggies for charging up its EV Drive.

*    Quality control on Polypropylene and polyvinyl chloride deferred to June 2025.

*    Retailers report 7% growth during the festive season.

*    Indian economy poised to grow 6.6% in FY25 for revival in the urban and rural demand: RBI Report.

*    Government starts countervailing duty probe on Vietnamese chemicals.

*    BASIC Home Loan will Expand the Referral Agent Network from 15,000 to 50,000 in 2025.

*    Public Bank Headcount Hits 13-Year Low, Private Banks Face High Attrition.

*    UP eyes higher share in country's exports, to unveil 5-year policy soon: Industry minister Gupta.

*    India's housing market in de-growth phase, pins hopes on Budget.

*    The tea industry will witness a production fall and a rise in exports in 2024.

*    The NHPC team studied the Dumbur hydroelectric plant in Tripura.

*    India bond yields are flat in thin activity before year-end.

*    A big challenge in AI adoption is building the right organizational strategy: TCS CTO.

*    Samhi Hotels bets on converting old office buildings into luxury hotels.

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