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2024

Новости за 12.12.2024

Should you subscribe to the Vishal Mega Mart IPO?

Economictimes.indiatimes.com 

Vishal Mega Mart launched its Rs 8,000 crore IPO on December 11, 2024, with a price band of Rs 74-78 per share. The offer comprises an OFS of 102 crore shares and closes on December 13.

Nvidia steps up hiring in China to focus on AI-driven cars: reports

Economictimes.indiatimes.com 

The artificial intelligence chipmaker employed about 29,600 people in 36 countries at the end of fiscal year 2024, according to a filing published by Nvidia in February. The company is under investigation in China over suspected violations of the country's anti-monopoly law, a probe widely seen as a retaliatory shot against Washington's latest curbs on the Chinese chip sector.

Be selective in PSUs, cement; gung-ho on 3 steel stocks: Hemang Jani

Economictimes.indiatimes.com 

Market expert Hemang Jani sees strong potential in select PSUs like Bharat Electronics and HAL, along with power companies such as NTPC, particularly after its recent demerger. He also favors Bajaj Finance and cement companies, citing improving pricing and consolidation. Steel counters are also viewed positively due to anticipated stimulus from China and potential rate cuts.

Japan plans tax hike to fund $280bn military buildup

IntelliNews.com 

Japan is gearing up to increase taxes as early as April 2026 to finance its ambitious plan to double its defence budget to 2% of GDP. This move comes as the nation seeks to bolster its military capabilities amid growing regional tensions

OVP budget cut stays; big gains for DPWH, House

Newsinfo.inquirer.net 

MANILA, Philippines — The bicameral conference committee reconciling differences in the House of Representatives and Senate versions of the proposed budget for 2025 on Wednesday approved the final version of the P6.252-trillion general appropriations bill (GAB). Members of the panel stood pat on their decision backing the move of the House to trim the spending