Market News Top Crypto News Tether Launches Peso-Backed Stablecoin – Top Crypto News Tether launches Mexican Peso-backed stablecoin Tether has announced the launch of MXNT, a new type of stablecoin backed by the Mexico Peso (national currency). Initially, MXNT will be available on the Ethereum, Polygon, and Tron blockchains. The launch of MXNT will provide a testing ground for onboarding new users in the Latin American market. It […] Written by marketfeed Team May 27, 2022May 27, 2022
Daily Market Feed Pre Market Report Global Markets in Recovery Mode! Share Market Today News Shots Hindalco Industries posted a 99.7 per cent rise in its consolidated profit after tax at Rs 3,851 crore for the quarter ended March, 2022. The company had posted a consolidated PAT of Rs 1,928 crore in the year-ago quarter. ONGC said it will invest Rs 31,000 crore over the next three years in […] Written by marketfeed Team May 27, 2022May 27, 2022
Market News Top 10 News ONGC Offers Stake in KG Block to Foreign Firms – Top Indian Market News ONGC offers stake in KG block to foreign firms Oil & Natural Gas Corporation (ONGC) is offering foreign companies a stake in its ultra deepsea gas discovery and a high-pressure, high-temperature block in the KG basin. The company is seeking technology partners and service providers for the development of the Deen Dayal West (DDW) block […] Written by marketfeed Team May 26, 2022May 27, 2022
Market News Top Crypto News Portugal’s Parliament Rejects Crypto Tax Proposals – Top Crypto News 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 […] Written by marketfeed Team May 26, 2022May 26, 2022
Daily Market Feed Pre Market Report FED Minutes Lead to a Positive Close in the US Markets; Asia Volatile- Share Market Today 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 […] Written by marketfeed Team May 26, 2022May 26, 2022
Market News Top 10 News SpiceJet Settles Dispute With Credit Suisse – Top Indian Market News 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 […] Written by marketfeed Team May 25, 2022May 25, 2022
Market News Top Crypto News Crypto Crash Devalues Ukraine Govt’s Crypto Fundraise – Top Crypto News Crypto crash devalues Ukraine govt’s crypto fundraise Ukraine plans to continue to tap crypto investors to help raise funds after a crash in token prices wiped out its fundraising efforts in May. On March 19, the Ukrainian government said it had raised more than $60 million worth of crypto. But two months later, the total […] Written by marketfeed Team May 25, 2022May 25, 2022
Daily Market Feed Pre Market Report Markets Await Fed Minutes; Asia Trading Higher – Share Market Today 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 […] Written by marketfeed Team May 25, 2022May 25, 2022
Market News Top 10 News ZEEL Gets Global Rights to Air UAE T20 League – Top Indian Market News 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 […] Written by marketfeed Team May 24, 2022May 25, 2022
Market News Top Crypto News GameStop Launches Digital Wallet for Crypto, NFTs – Top Crypto News 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 […] Written by marketfeed Team May 24, 2022May 24, 2022
Daily Market Feed Pre Market Report Volatility Continues; Asia Tading Lower- Share Market Today 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 […] Written by marketfeed Team May 24, 2022May 24, 2022
Market News Top 10 News Divi’s Labs Reports 78% YoY Rise in Net Profit in Q4 – Top Indian Market News Divi’s Labs Q4 Results: Net profit rises 78% YoY to Rs 895 crore Divi’s Laboratories Ltd reported a 78.2% YoY increase in consolidated net profit to Rs 894.64 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 40.83% YoY to Rs 2,518.44 crore during the same period. EBITDA stood at Rs […] Written by marketfeed Team May 23, 2022May 24, 2022
Delhivery Limited IPO: All You Need to Know The IPO frenzy within the Indian startup ecosystem resumes! Logistics and supply chain startup Delhivery has launched its three-day initial public offering (IPO). In this article, learn all about the company and its IPO. Company Profile – Delhivery Limited Delhivery Ltd is the fastest-growing fully integrated player in the logistics services market in India in […] Written by Cherian Varghese May 12, 2022May 12, 2022
How Patanjali Bought Ruchi Soya For Free Ruchi Soya Industries is a company that was technically valued at zero for a while but was soon valued at thousands of crores. The company faced extreme financial doldrums and was dragged to insolvency court by its creditors. Two companies placed bids to buy Ruchi Soya— Patanjali and Adani Wilmar. Patanjali won the bid and […] Written by Maarg Vaidya May 6, 2022May 6, 2022
Life Insurance Corporation of India (LIC) IPO: All You Need to Know The biggest initial public offering (IPO) in the history of the Indian stock market is here! Life Insurance Corporation of India has launched its IPO today— May 4. The Central Government aims to raise up to Rs 21,000 crore by divesting a 3.5% stake in the country’s largest life insurer. In this article, learn all about […] Written by Cherian Varghese May 4, 2022May 4, 2022
