Saturday, 16 November 2024

16 November 2024 News and Updates

16th November 2K24 News

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

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