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STOCK MARKET UPDATES 05/02/2025



 

*    The government is framing schemes under the export promotion mission for exporters: DGFT.

*    UK grocery inflation slows to 3.3% in January and sales rise 4.3%: Kantar.

*    PepsiCo forecasts weak annual profit as demand for soda and snacks slows.

*    Health ministry releases first quality ratings for Internal Medicine Department.

*    UBS beats profit forecast but shares fall as buyback plan fails to impress.

*    BMC introduces a smart parking app to ease traffic congestion in Mumbai.

*    Ola founder Bhavish Aggarwal will invest 2,000 crore Rs in AI firm Krutrim.

*    Elan Group will invest 3,000 crore Rs for building housing projects in Gurugram.

*    RBI may use CRR as a regulatory tool and repo rate cut likely in 2025: SBI.

*    Dabur reduces strategic review cycle to 3 years amidst FMCG slowdown.

*    Nestle plans to sell Starbucks ready-to-drink coffee in the Indian retail market.

*    OYO will invest 50 million £ in the UK for 3 years to expand premium hotels.

*    L&T will set up pellet and DRI plants in the Middle East & North Africa region.

*    Increase in FDI limit in the insurance sector to woo more foreign players: Moody's.

*    Cybersecurity firm SailPoint seeks up to 11.5 billion $ in valuation in US IPO.

*    Mobikwik slips into losses despite operating revenue up 18% to 270 crore Rs.

*    GST Council decides on rates and the number of slabs: FM Sitharaman.

*    Indian exporters will likely gain from US-China trade war: Sources.

*    Bajaj Finserv is in talks to sail solo and has eyes on Allianz's exit.

*    Alphabet faces scrutiny on AI spending as Google Cloud growth slows.

*    India's passenger vehicle industry will see modest 1.5% growth in FY25: Report.

*    Welspun New Energy inks pact with Odisha for 13,500 crore Rs clean energy projects.

*    Ujjivan Small Finance Bank seeks a universal banking license.

*    RBI clears the sale of Tata Communications’ payment arm to Australian fintech Findi.

*    Income tax cut unlikely to translate into higher auto sales said Nomura.

*    Bajaj Finance raises 533 crore Rs via issuance of NCD through private placement.

*    Asian Paints Q3 Results: Net profit falls 23.3% YoY to 1,110.48 crore Rs.

*    Netflix joins tech giants in the AI rat race and seeks top talent with a 1 million $ offer.

*    The Indian edtech ecosystem will see further integration of traditional models.

*    ATM cash withdrawal will become costly? RBI plans to raise interchange fee: Report.

*    BNP Paribas announces 1.1 billion $ buyback and higher dividend amid strong Q4 show.

*    US FDA greenlights clinical trials for pig kidney transplants in humans.

*    Indonesian fund, Mitsui vie for 300 million $ stake in toll operator RKE said sources.

*    China files WTO complaint and calls US tariffs ‘malicious’ trade tactic.

*    Energy transition and security top global priorities: IEA official.

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