Market News Top 10 News HDFC to Raise up to Rs 6,000 crore via Bonds – Top Indian Market News HDFC plans to raise up to Rs 6,000 crore via bonds Housing Development Finance Corp (HDFC) will raise up to Rs 6,000 crore by issuing non-convertible debentures (NCDs) on a private placement basis. The NCDs will have a base issue size of Rs 3,000 crore, with an option to retain oversubscription of Rs 3,000 crore […] Written by Cherian Varghese September 27, 2021September 27, 2021
Editorial The ZEEL-Sony Pictures Networks Merger Explained We are about to witness one of the biggest mergers in India’s media and entertainment industry. Zee Entertainment Enterprises Ltd (ZEEL) will merge with Sony Pictures Networks India to form the largest entertainment network in terms of revenue. In this article, we dive into the details of the proposed merger and find out how it […] Written by Cherian Varghese September 27, 2021September 27, 2021
Market News Top 10 News India to Export 8 million Covid-19 Vaccine Doses in October – Top Indian Market News India to export 8 million Covid-19 vaccine doses in October India will export eight million Covid-19 vaccine doses by the end of October after ending its ban on sending doses abroad. Prime Minister Narendra Modi has promised to resume exports of vaccines at a meeting of the ‘Quad’ leaders, as India, Japan, Australia, and the […] Written by Cherian Varghese September 25, 2021September 25, 2021
Market News Top 10 News SJVN to Set Up 1,000 MW Solar Power Project – Top Indian Market News SJVN to set up 1,000 MW grid-connected solar power project Satluj Jal Vidyut Nigam (SJVN) has secured a contract to set up a 1,000 megawatt (MW) grid-connected solar power project through the bids floated by the Indian Renewable Energy Development Agency (IREDA). The tentative cost for the construction and development of the project is Rs […] Written by Cherian Varghese September 24, 2021September 24, 2021
Editorial Can a Relief Package Save the Telecom Sector? Telecos Vodafone Idea and Bharti Airtel can finally breathe a sigh of relief. The Union Cabinet has approved a crucial relief package that will ease the financial burden of telecom companies. The new measures seek to drive progress, facilitate investments, and increase employment opportunities in India’s telecom industry. In this article, we shall dive into […] Written by Cherian Varghese September 24, 2021September 24, 2021
Market News Top 10 News Jio Adds 65 lakh Subscribers, Vi Loses 14 lakh in July – Top Indian Market News Reliance Jio adds 65 lakh subscribers in July, Vodafone Idea loses 14 lakh Reliance Jio Infocomm added 65.1 lakh wireless subscribers in July 2021, taking its gross user base to 44.32 crore. Bharti Airtel gained 19.4 lakh subscribers, while Vodafone Idea (Vi) lost 14.3 lakh subscribers in July. Jio consolidated its leadership in rural India […] Written by Cherian Varghese September 23, 2021September 23, 2021
Editorial The Evergrande Crisis Explained One of the biggest real estate companies in China is on the brink of collapse. There is speculation whether it could lead to a similar crisis as that of the Lehman Brothers downfall in the US in 2008. Stock markets around the world have already registered significant corrections as a result of the news from […] Written by Cherian Varghese September 23, 2021September 23, 2021
Market News Top 10 News ZEEL to Merge With Sony Pictures Networks India – Top Indian Market News Zee Entertainment announces merger with Sony Pictures Networks India The Board of Directors of Zee Entertainment Enterprises Ltd (ZEEL) has given in-principal approval for the company’s merger with Sony Pictures Network India. Both companies have entered into a non-binding term sheet to combine linear networks, digital assets, production operations, and program libraries. The merged entity […] Written by Cherian Varghese September 22, 2021September 22, 2021
Market News Top 10 News Adani Group to Invest $20 billion in Renewable Energy – Top Indian Market News Adani Group to invest $20 billion in renewable energy The Adani Group has announced plans to invest $20 billion (~Rs 1.47 lakh crore) over the next 10 years in renewable energy generation and component manufacturing. It also aims to produce the world’s cheapest green electron. Over 75% of the group’s planned capital expenditure (capex) until […] Written by Cherian Varghese September 21, 2021September 21, 2021
Market News Top 10 News Tata Power to Set Up 250 MW Solar Plant in Maharashtra – Top Indian Market News Tata Power to set up 250 MW solar power plant in Maharashtra TP Saurya Ltd (TPSL) has secured a contract from Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to set up a 250 megawatt (MW) grid-connected solar power plant in Maharashtra. TPSL is a wholly-owned subsidiary of Tata Power. The solar project will be commissioned […] Written by Cherian Varghese September 20, 2021September 20, 2021
Market News Top 10 News TCS to Invest Rs 690 crore to Set Up Innovation Park in Kochi – Top Indian Market News TCS to invest Rs 690 crore to set up Innovation Park in Kochi Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi. The Kerala state government has allocated 36.84 acres of land to TCS for setting up a unit for Electronics Hardware & IT/ITES in […] Written by Cherian Varghese September 18, 2021September 18, 2021
Market News Top 10 News Zydus Cadila to Supply 1 crore Doses of Covid-19 Vaccine in October – Top Indian Market News Cadila Healthcare to supply 1 crore doses of Covid-19 vaccine next month: Report According to a report from Mint, Cadila Healthcare Ltd will supply 1 crore doses of its Covid-19 vaccine ZyCoV-D in October 2021. The vaccine has received approval to be administered to adolescents between the ages of 12 and 18. ZyCoV-D is the […] Written by Cherian Varghese September 17, 2021September 17, 2021
What Led to the 40% Rally in ZEEL? The shares of India’s largest media house, Zee Entertainment Enterprises Ltd (ZEEL), surged 40% to hit Rs 261.55 on Tuesday. It was a stellar intraday rally. The shares of its group companies such as Zee Media (+5%) and Zee Learn (+20%) were also locked in their respective upper circuit limits on Tuesday. Unfortunately, ZEEL has […] Written by Cherian Varghese September 16, 2021September 16, 2021
India’s Richest Investor: Radhakishan Damani The Indian stock market is passing through a golden era. It has molded sharp, disciplined, and inspiring investors over the years. Radhakishan Damani is one such individual who has taught us the beauty of value investing. He has applied analytical skills to build India’s largest retail supermarket chain, DMart. From living at a one-bedroom apartment […] Written by Anand P M September 15, 2021September 16, 2021
Sansera Engineering Ltd IPO: All You Need to Know The IPO frenzy continues in the Indian stock markets. Sansera Engineering Ltd, one of the leading auto components manufacturers in our country, has launched its three-day initial public offering (IPO) today— September 13. In this article, we take a closer look into the company and its IPO. Company Profile – Sansera Engineering Ltd Sansera Engineering […] Written by Cherian Varghese September 14, 2021September 14, 2021
