Market News Top 10 News India’s GDP Expands 8.4% in Q2 – Top Indian Market India’s GDP expands by 8.4% in July-Sept quarter India’s gross domestic product (GDP) grew 8.4% in the July-September quarter of the current financial year (Q2 FY22). The GDP had contracted by 7.4% in the corresponding quarter last year. GDP at Constant (2011-12) Prices is estimated at Rs 35.73 lakh crore in Q2 FY22, compared to […] Written by Cherian Varghese November 30, 2021November 30, 2021
Market News Top 10 News Top Global News Jack Dorsey Stepping Down as Twitter CEO – Top International News U.S. Markets Jump Back Up; Omicron Variant Worries Stocks in the U.S. markets moved up and bonds fell as the global market bounced back from Friday’s sell-off. Investors are currently reassessing their worst-case scenarios for the next virus outbreak. The S&P 500 is now in green for the month of November, led by gains in […] Written by marketfeed Team November 29, 2021November 29, 2021
Market News Top 10 News Asian Paints to Invest Rs 960 crore to Expand Gujarat Unit – Top Indian Market News Asian Paints to invest Rs 960 crore to expand Gujarat unit Asian Paints Ltd has signed a Memorandum of Understanding (MoU) with the Govt of Gujarat, commencing the proposed expansion of manufacturing capacity at its Ankleshwar unit at a total investment of about Rs 960 crore. The manufacturing capacity of paint will go up from […] Written by Cherian Varghese November 29, 2021November 29, 2021
Market News Top 10 News Paytm’s Net Loss Widens to Rs 473 crore in Q2 – Top Indian Market News Paytm Q2 Results: Net loss widens to Rs 473 crore One97 Communications Ltd, the parent company of Paytm, reported a net loss of Rs 473 crore for the quarter ended September (Q2 FY22). It had posted a net loss of Rs 437 crore in the corresponding quarter last year (Q2 FY21). Its revenue from operations […] Written by Cherian Varghese November 27, 2021November 27, 2021
Market News Top 10 News Top Global News Vaccine Stocks Gain From Covid-19 Variant Fear – Top International News U.S. Markets Crash Following Others U.S. stocks crashed on opening after a holiday for Thanksgiving. The selloff was spread from global markets with fears that a new coronavirus variant identified in South Africa could pause economic recovery. Haven assets rallied. Gold moved up, Japanese Yen moved up as the dollar weakened. Stoxx Europe is down […] Written by marketfeed Team November 26, 2021November 26, 2021
Market News Top 10 News ITC to Acquire 16% Stake in D2C Brand Mother Sparsh – Top Indian Market News ITC to acquire 16% stake in D2C brand Mother Sparsh ITC Limited has announced plans to acquire a 16% stake in Mother Sparsh for Rs 20 crore through a share subscription agreement. Mother Sparsh is a direct-to-consumer (D2C) Ayurvedic and natural personal care brand that focuses on mother and baby care segments. ITC said the […] Written by Cherian Varghese November 26, 2021November 26, 2021
Market News Top 10 News Top Global News UK Retailers Report Strong Pre-Xmas Demand – Top International News U.S. Markets closed for Thanksgiving; Futures Gain Global stocks and U.S. index futures moved up with signs of a solid recovery in the world’s largest economy in yesterday’s jobless claims report. Trading volumes are down around the globe as the U.S. traders celebrate the Thanksgiving holiday. The turnover in Asia’s equity benchmark was 17% lower […] Written by marketfeed Team November 25, 2021November 25, 2021
Market News Top 10 News JSW Energy to Rejig Renewable, Thermal Businesses – Top Indian Market News JSW Energy’s board approves rejig of renewable, thermal businesses The Board of Directors of JSW Energy Ltd has approved the reorganisation of its green (renewable) and grey (thermal) businesses. All existing and upcoming renewable energy businesses will be housed under JSW Energy Neo Ltd, a wholly-owned subsidiary of the company. This move will help JSW […] Written by Cherian Varghese November 25, 2021November 25, 2021
Market News Top 10 News Top Global News Japan To Add $22.1 Trillion Yen To Stimulus – Top International News U.S. Markets Move Down Again; Tech Stocks Once more in Red U.S. stocks fell in the first after the market tried to understand data of how the least jobless claims since 1969 will affect inflation. Personal spending also rose more than expected. The tech-heavy NASDAQ 100 underperformed other benchmarks again this week as higher Treasury […] Written by marketfeed Team November 24, 2021November 24, 2021
Market News Top 10 News BPCL to Build India’s Largest Green Hydrogen Unit – Top Indian Market News BPCL to build India’s largest green hydrogen unit Bharat Petroleum Corporation Ltd (BPCL) is planning to build India’s largest green hydrogen plant, as it aims to achieve net-zero emissions for its operations by 2040. The company will set up a 20 megawatts (MW) electrolyzer at its refinery in Bina, Madhya Pradesh, to produce green hydrogen. […] Written by Cherian Varghese November 24, 2021November 24, 2021
Market News Top 10 News Top Global News Sales of Xiaomi Slows With Chip Shortages – Top International News U.S. Markets Move Down; Tech Stocks Lead Fall Stocks in the U.S. market moved down led by technology shares. Tech stocks took the heat of treasury yields gained. The S&P 500 fell in volatile trading, along with the sharp fall in Nasdaq 100. Shares of Zoom Video dropped 12% after an indication of growth slowing. […] Written by marketfeed Team November 23, 2021November 24, 2021
Market News Top 10 News TVS Motors to Invest Rs 1,200 crore in Future Tech and EV – Top Indian Market News TVS Motors to invest Rs 1,200 crore in future technologies and EV TVS Motor Company Ltd has signed a Memorandum of Understanding (MoU) with the Govt of Tamil Nadu to invest Rs 1,200 crore in future technologies and electric vehicles (EVs) over the next four years. The investment would be for the design, development, and […] Written by Cherian Varghese November 23, 2021November 23, 2021
The Escorts-Kubota Deal Explained On November 18, Escorts Limited announced that Japan-based Kubota Corporation will join the company as a co-promoter. The foreign entity will invest nearly Rs 9,400 crore in the tractor manufacturing company. With this investment, Escorts is looking to obtain a sizable share of the world’s largest tractor market— India. Dalal Street welcomed this news with […] Written by Anand P M November 23, 2021November 24, 2021
Why Was The PayTM IPO a Flop Show? India’s largest IPO in a decade has turned a flop show! One97 Communications Ltd, the parent company of digital payments app PayTM, lost 27% of its share price on the day of its listing. Domestic retail investors had high hopes on the Rs 18,300 crore IPO. Nevertheless, investors were left surprised when the shares were […] Written by Maarg Vaidya November 22, 2021November 22, 2021
Go Fashion (India) Ltd IPO: All You Need to Know 2021 has been a record year for companies turning public. Go Fashion (India) Ltd, a leading women’s bottom-wear brand based in Chennai, has launched its IPO today— Nov 17. The company holds a nearly 8% market share in the branded women’s bottom-wear market in India. Let us take a closer look into the company and […] Written by Cherian Varghese November 17, 2021November 17, 2021
