Saturday, 16 November 2024

16 November 2024 News and Updates

16th November 2K24 News

📝 Vi's turnaround at risk after plan to raise ₹25,000 crore debt hits a snag
📝 US industrial production slumped in October
📝 Chipmakers, telcos clash over 6GHz band for Wi-Fi 7 rollout
📝 Earthquake of magnitude 4.2 hits Gujarat
📝 After Rs 1.2 lakh crore FII outflow, CLSA shifts focus back to India from China
📝 India's forex reserves fall to $675.65 billion, down $6.4 billion as of Nov 8
📝 US finalises up to $6.6 billion funding for chip giant TSMC
📝 EV parts maker Vecmocon raises $10 million in round led by Ecosystem Integrity Fund
📝 Jewellery brand Giva's revenue rises 66% in FY24, losses widen 30%
📝 Mankind Pharma pledges 39.68% in Bharat Serums for Rs 5K crore NCDs
📝 Fusion Finance stays in red with Q2 net loss of Rs 305 cr; GNPA hits 9.4%
📝 Canara Bank classifies RCom and its subsidiary as 'fraud' accounts
📝 HZL wins gold block, marks Vedanta group's entry into yellow metal business
📝 Belstar Microfinance to prioritise consolidation over growth in coming qtrs
📝 Sebi slaps Rs 26 cr notice on Reliance Big Entertainment in RHFL fund case
📝 Ujjivan Small Finance Bank looks to sell Rs 270 cr of micro-banking loans
📝 Drone startup Airbound raises $1.7 million funding, to focus on deliveries
📝 Unilever reduces European job cuts, adds 1,000 roles for ice cream unit
📝 Samsung Electronics plans $7.2 bn buyback to boost shareholder value
📝 NTPC-ONGC green energy joint venture bids $650m for Ayana Renewable
📝 NFRA gets legal opinion on ICAI's powers to issue audit standards
📝 European Union corners India, developing world over carbon tax at COP29
📝 India-China bilateral trade hits $10.7 billion in October, contracts 0.46%
📝 India Inc capex slows down marginally to Rs 9.4 trn in FY24: Care Ratings
📝 Indian spice market records 8.8% growth during FY24’s first half, eyes a USD 10 billion turnover by 2030
📝 Railways floats Rs 20,000-crore RFP for camera in coaches
📝 Procurement via GeM portal above Rs 3 lakh crore so far this fiscal
📝 Muthoot Fincorp to include mortgage, digital in products portfolio
📝 Mumbai Airport records 4 per cent growth in October passenger traffic
📝 First Trilateral Power Transaction from Nepal to Bangladesh via Indian Grid Takes Off
📝 DFC doubles freight traffic, handles 13 per cent of railways’ freight load already
📝 GST Council to take up tax on insurance, rate rejig of over 100 items
📝 US ETFs net inflows near $1 trillion in biggest annual rush after Trump's win
📝 India pitches for $1.3 tr in annual climate support for developing nations
📝 World sees 600 mn cyberattacks daily, AI can secure devices: Microsoft's Chik
📝 SBI to borrow $1.25 billion, India's largest bank loan in 2024
📝 JGU and IIT Madras Collaborate to Design Advanced Robot Tour Guide for India's First Constitution Museum
📝 Oil heads for weekly loss as Chinese demand continues to underperform.

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