Author: marketfeed Team

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Portugal’s Parliament rejects crypto tax proposals The Portuguese Parliament voted against two separate proposals from minority political parties to tax crypto assets. The proposal had asked the government to consider taxing crypto profits over €5,000 ($5,340.45). Earlier this month, the country’s Minister of Finance declared his commitment to start taxing crypto. He said the government […]
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News Shots Bharat Petroleum Corporation reported a 82 per cent decline in net profit in the quarter ended March 2022 as the firm held fuel prices despite rise in cost. Net profit of Rs 2,130.53 crore was reported in the January-March period as compared with Rs 11,940.13 crore. Apollo Hospitals Enterprises said its consolidated profit […]
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SpiceJet settles dispute with Credit Suisse SpiceJet Ltd has signed and concluded the settlement, consent term with Credit Suisse in a pending dispute. The settlement involves payment of a certain amount upfront and the balance amount over a mutually agreed timeline. The airline had already provided a bank guarantee of $5 million under the direction […]
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News Shots Grasim Industries:  reported a 55.56 per cent increase in its consolidated net profit at Rs 4,070.46 crore for the fourth quarter ended March 31, 2022. The company had posted a net profit of Rs 2,616.64 crore during the January-March quarter of 2020-21. Dr Reddy’s Laboratories said it along with Senores Pharmaceuticals, Inc has […]
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ZEEL secures global rights to air UAE T20 League UAE’s T20 League has signed a long-term global media rights contract with Zee Entertainment Enterprises Ltd (ZEEL) to air the tournament exclusively on ZEEL’s channels and OTT platform (ZEE5) across the world.  The league comprises six teams competing in a 34-match competition. The matches will air […]
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GameStop launches digital wallet for crypto, NFTs GameStop announced a digital wallet that allows gamers to send, receive, store and use virtual currencies and NFTs across decentralized apps. The wallet will also allow users to buy and sell NFTs on GameStop’s upcoming NFT marketplace, which is expected to launch by the end of July. Crypto prices […]
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News Shots Maruti Suzuki bought 12.09% stake in AI software company Sociograph Solutions for Rs 1.99 crore to create customised sales experience on the web, and in virtual and augmented reality.  Marico  acquired 53.98% stake in healthy breakfast and snack company HW Wellness.  Natco Pharma  filed a suit against the company for a Process Patent […]

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