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STOCK MARKET UPDATES 17/01/2025



 

*    Ficci lowers India's growth projection from 7% to 6.4% for the current FY.

*    Bank of Maharashtra eyes QIP of 2,500 crore Rs in FY26 to support biz growth.

*    Union Budget 2025 expectations updates: The government should target 11 trillion Rs in capital spending, according to ICRA.

*    Sun Pharma's unit Taro will acquire a 100% stake in Antibe Therapeutics.

*    Cabinet approves 3,984 crore Rs third launch pad at Isro's Sriharikota.

*    Sterling and Wilson Renewable reports Q3 net profit at 17.14 crore Rs.

*    India is set to exceed 900 million internet users by 2025 said the report.

*    MicroMitti raises 90 crore Rs for prop-tech growth and real estate investments.

*    Centre procures a record 1.37 million tonnes of soya under the MSP scheme.

*    NMRC plans to connect Noida International Airport to Delhi's IGI Airport.

*    Palm oil imports will drop to a 5-year low in January due to a loss: Report.

*    Steel ministry seeks 1.7 billion $ from budget to help mills cut emissions.

*    The government signed a 2,960 crore Rs deal with Bharat Dynamics to make medium-range surface-to-air-missiles for the Indian Navy.

*    Indian Oil seeks sour oil from the spot market, trade sources say.

*    BP cuts over 5% of workforce in CEO cost cut drive.

*    Mumbai International Airport sees 6.3% growth in passenger traffic to 5.48 crore in 2024: MIAL.

*    Embassy group is looking to raise 1,600 crore Rs debt.

*    Apparel exports up 11.6% in April-December: AEPC.

*    Suzuki will leverage India as an EV production hub and eye growth in the compact car segment.

*    Solana scaling solution Solaxy raises 10 million $ in crypto presale.

*    China strikes with export curbs: India’s EV and solar boom faces supply chain chaos.

*    Apple lost the top spot in China smartphone sales to local rivals.

*    India EV production hub plans to enter small electric cars segment: Toshihiro Suzuki.

*    The government may propose duty cuts for rare-disease medicines, and cancer drugs in the budget.

*    Infosys attrition rate rose to 13.7% in December quarter, headcount up 5,591.

*    IntellectAI & Confianza announce partnership to leverage data to streamline targeted risk assessment.

*    Frick India and Mayekawa Forge Strategic Partnership.

*    AI democratizing tech deployment in organizations: Sebi's Madhabi Puri Buch.

*    Waaree Renewable Q3 Results: Profit drops 17% YoY; interim dividend declared.

*    Kedaara Capital invests over 350 million $ in data analytics provider Impetus Tech.

*    Warburg-owned Truhome Finance eyes ₹50,000 crore AUM in four years.

*    India and Singapore eyeing green energy corridor, says Singapore president.

*    NCLAT admits Meta’s appeal against CCI's data-sharing ban, ₹213 crore fine.

*    Bain Capital invests in auto parts maker Dhoot Transmission.

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