Market News Top 10 News JSW Steel’s Net Profit Falls 20% YoY to Rs 3,343 crore in Q4 – Top Indian Market News JSW Steel Q4 Results: Net profit falls 20% YoY to Rs 3,343 crore JSW Steel Ltd reported a 20.2% YoY decline in consolidated net profit to Rs 3,343 crore for the quarter ended March (Q4 FY22). Its total income rose 73% YoY to Rs 47,128 crore during the same period. Expenses surged 98.9% YoY to […] Written by Cherian Varghese 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 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 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 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
Market News Top 10 News Jet Airways to Take Off Again – Top Indian Market News Jet Airways to take off again after DGCA approval The Directorate General of Civil Aviation (DGCA) has granted Jet Airways the license to resume commercial flights. The airline conducted its first of three sets of proving flights for the permit on Sunday and the final two on Tuesday. The new owners of Jet Airways, a […] Written by marketfeed Team May 20, 2022May 20, 2022
Market News Top 10 News Indonesia To Lift Palm Oil Export Ban – Top Indian Market News Indonesia to lift palm oil exports ban from May 23 Following improvements in the local cooking oil supply situation, Indonesia will relax its prohibition on palm oil exports from May 23, said President Joko Widodo. The restriction on palm oil exports was implemented three weeks ago in an effort to boost domestic cooking oil supplies. […] Written by Maarg Vaidya May 19, 2022May 19, 2022
Market News Top 10 News ITC’s Net Profit Rises 12% YoY in Q4 – Top Indian Market NEws ITC Q4 Results: Net profit rises 12% YoY to Rs 4,190 crore ITC Limited reported an 11.8% YoY increase in net profit to Rs 4,190.96 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 16% YoY to Rs 16,426 crore during the same period. Revenue from ITC’s cigarette business grew 9.96% […] Written by marketfeed Team May 18, 2022May 18, 2022
Market News Top 10 News WPI Inflation Surges to Record-High of 15.08% in April – Top Indian Market News WPI inflation spikes to record-high of 15.08% in April India’s inflation based on the Wholesale Price Index (WPI) surged to a record high of 15.08% in April 2022. WPI inflation stood at 14.55% in March and 10.74% in April 2021. The heatwave across India led to a spike in the prices of perishables such as […] Written by marketfeed Team May 17, 2022May 18, 2022
Market News Top 10 News Tata Power Secures Solar Project Worth Rs 1,731 crore – Top Indian Market News Tata Power secures solar project worth Rs 1,731 crore Tata Power Solar Systems (TPSS) has secured an order worth Rs 1,731 crore to build a 300 megawatt (MW) solar project for NHPC Ltd. The project, which will be developed in Rajasthan, is expected to generate ~750 million units (MUs) annually. It will be completed within […] Written by marketfeed Team May 16, 2022May 16, 2022
Market News Top 10 News SBI Posts 41% YoY Rise in Net Profit in Q4 – Top Indian Market News SBI Q4 Results: Net profit rises 41% YoY to Rs 9,113 crore State Bank of India (SBI) reported a 41.27% YoY increase in net profit to Rs 9,113.52 crore for the quarter ended March (Q4 FY22). Net interest income (NII) rose 15.26% YoY to Rs 31,198 crore during the same period. The gross non-performing assets […] Written by marketfeed Team May 13, 2022May 13, 2022
Market News Top 10 News Retail Inflation Spikes to 7.79% in April – Top Indian Market News Retail inflation spikes to 7.79% in April India’s retail inflation, measured by the Consumer Price Index (CPI), surged to an eight-year high of 7.79% in April. Retail inflation stood at 6.95% in March. This is the fourth consecutive month that CPI data has breached the Reserve Bank of India’s (RBI) upper margin of 6%. Inflation […] Written by marketfeed Team May 12, 2022May 12, 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
