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STOCK MARKET UPDATES 29/01/2025



 

*    The government will invest nearly 2 billion $ to develop the critical minerals sector.

*    Luxury residential outlook survey 2025: 62% of HNIs will buy property in 2 years.

*    Indian Oil faces a decline in Russian oil imports this fiscal year.

*    Square Yards April-December revenue up 46% to 938 crore Rs on better housing demand.

*    Bank of India targets a 35% share in MCLR-linked credit in the next 2-3 years.

*    Hyundai Q3 results: PAT falls 19% to 1,161 crore and revenue at 16,648 crore Rs.

*    Exploring opportunities in branded residences: ITC Hotels MD Anil Chadha.

*    TVS Motor Q3 results: Net profit up 20% at 609.35 crore Rs on higher sales.

*    SpiceJet will re-induct the grounded Boeing 737 Max aircraft fleet into ops.

*    Russia's oil trade with China and India stalls as sanctions drive up costs.

*    Nakul Jain steps down as the Paytm Payments Services for CEO post.

*    PURE EV partners with BE Energy to launch battery reconditioning technology in India.

*    Hatsun Agro Product acquires Milk Mantra to expand its presence in eastern India.

*    Indian Oil chairman confident US sanctions on Russian oil will not impact India's energy security.

*    Microsoft's cloud growth is in focus as doubts grow over AI spending.

*    Volkswagen India faced customs clearance delays over an alleged tax evasion case said sources.

*    Zepto has completed the domicile shift from Singapore to India.

*    MedMitra AI raises 3 crore Rs led by All In Capital and WEH Ventures.

*    Hindustan Zinc Q3 Results: PAT zooms 32% YoY to 2,678 crore Rs.

*    BoFA will appoint Mandar Donde as India Investment-Banking head.

*    Tata Projects will finish construction of Micron's semiconductor plant by year-end.

*    Alstom will supply traction components for ICF’s Vande Sleeper trains.

*    36% of Indian enterprises started budgeting for Gen AI: E&Y report.

*    Retail investors bought record 562 million $ worth of Nvidia shares amid rout.

*    India's Cipla beats Q3 profit view as strong domestic demand offset weak US sales.

*    Union Budget: Infra sector calls for raised capex and sops for green projects and tax reforms.

*    Skoda looks to turn profitable in India this year: Official.

*    LVMH Sells Stella McCartney Stake Back to Founder After Downturn.

*    JSW Infra Q3 results: Net profit climbs 32% to ₹336 crore and EBITDA grows 20%.

*    Arkade Developers buys 4 acres of land in Mumbai for ₹165 crore and the site is currently leased to Filmistan.

*    Supply of homes priced below ₹1 crore falls 30% in 2024: PropEquity.

*    Google will fight 4.33 billion $ EU antitrust fine over Android.

*    Spiritual tourism on the rise in India said Ritesh Agarwal and outlines Oyo's plan.

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