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STOCK MARKT UPDATES 16/12/2024



 

*    Indian tourism sector to double to 523 $ in 10 years: WTTC chief.

*    Flipkart-backed super, money plans credit, wealth push following UPI success. 

*    NBCC targets a 1 trillion Rs work order book by March and plans expansion of India.

*    ICMR sets up India's first diabetes biobank in Chennai for research. 

*    India seeks stronger WTO subsidy regulations for high-seas fishing.

*    SEBI enacts significant changes to disclosure and RPT regulations.

*    Airlines are price takers, and don't have influence on the prices they pay: IATA 3.

*    NCLAT sets aside EIH plea against NCLT order for Golden Jubilee Hotels sale.

*    US lawmakers demand to scrap China science agreement renewal deal for 5 years. 

*    Aurobindo Pharma, Glenmark, and Zydus recall products in the US over manufacturing issues.

*    Auto Expo to see highest-ever participation of vehicle manufacturers: Siam.

*    Mexico, Canada, and ASEAN gained more from the US-China trade war than India: GTRI.

*    Sarovar Hotel bets big on highway properties; 80 projects in the pipeline.

*    IREL, a Kazakh company to form a joint venture to harness India's titanium potential.

*    India's first subsidized scheduled cargo service over waterways launched.

*    Land acquisition for Hyderabad Metro Rail Phase-2 in Old City in full swing, says HAML.

*    Suchi Semicon begins chip plant without Centre's incentive, plans 100 million $ investment in 3 years.

*    IPO markets are emerging as exit routes for startup investors amid an evolving ecosystem.

*    Vedanta will consider the fourth interim dividend tomorrow. 

*    Centre released 71,889 crore Rs to states under various heads for FY 2024-25.

*    GNG Electronics files draft papers with Sebi; aims to raise 825 crore Rs via fresh issue.

*    Indian state banks achieved 1.41 lakh crore Rs net profit; GNPA drops to 3.12% in FY24.

*    India's import of Russian oil drops in November on shrinking discounts.

*    Hinduja will close the Reliance Capital acquisition by the end of January.

*    South Korea’s Central Bank Vows to Stabilize Markets Amid Political Turmoil.

*    Apple reportedly begins mass production of iPhone 17 Air.

*    India's data center investments to exceed 100 billion USD by 2027: CBRE.

*    UPI records 15,547,00,00,000 transactions worth 223 lakh crore ₹ in 11 months.

*    With over 100 billion $ in losses, Trump 2.0 may privatize the US Postal Service.

*    London Rail and Tube fares rise by 4.6% in 2025.

*    US Fed to play ‘cut-and-pause’ for dual mandate; few cuts eyed in 2025: Experts.

*    Reliance Industries appoints Ira Bindra as Group President for HR & Talent.

*    H-1B visa overhaul awaits final White House nod, A turning point for Indian Tech. 

*    RBI raises collateral-free loan limit to 2 lakhs ₹ for farmers amid rising costs.

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