Market News Top 10 News India’s Coal Output Rises 29% in April – Top Indian Market News India’s coal output rises 29% in April India’s coal output rose 29% YoY to 66.58 million tonnes (MT) in April. Dispatch of coal to power utilities grew 18.15% YoY to 61.81 MT last month. The Ministry of Coal has been observing a decline in the prices of imported coal since the end of October 2021. […] Written by marketfeed Team May 10, 2022May 10, 2022
Market News Top 10 News RIL Reports 108% YoY Jump in Net Profit in Q4 – Top Indian Market News Reliance Industries Q4 Results: Net profit at Rs 13,227 crore Reliance Industries Limited (RIL) reported a 108% YoY increase in consolidated net profit at Rs 13,227 crore for the quarter ended March (Q4). On a quarterly basis, net profit has grown 1%. The consolidated revenue from operations rose 11% YoY to Rs 1,54,896 crore during […] Written by marketfeed Team April 30, 2021April 21, 2022
Market News Top 10 News PM Modi Reveals Plans to Boost India’s Renewable Energy Sector – Top Indian Market News PM Modi reveals plans to boost India’s renewable energy sector During his speech at RE-Invest 2020, Prime Minister Narendra Modi stated that India has huge renewable energy deployment plans for the next decade. These plans will likely generate business opportunities worth $20 billion (~Rs 1.47 lakh crore) per year. He further said that India’s renewable […] Written by marketfeed Team November 26, 2020April 21, 2022
Market News Top 10 News Adani Ports’ Net Profit Rises 32% YoY – Top Indian Market News Adani Ports Q2 Results: Net Profit rises 32% YoY to Rs 1,394 crore Adani Ports & Special Economic Zone Ltd. reported a 31.57% year-on-year increase in consolidated net profit at Rs 1,393.69 crore, for the quarter ended September (Q2). The revenue from operations increased by 3% YoY to Rs 2,902.52 crore, during the same period. […] Written by marketfeed Team November 3, 2020April 21, 2022
An Analysis of India’s Green Hydrogen Industry India has announced plans to de-carbonize within the next 30 years. The government has taken strategic decisions to reduce the reliance on fossil fuels and cut down costly imports. Our country’s target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022 has received a significant boost through new policies. As part of these […] Written by Cherian Varghese July 1, 2022July 2, 2022
Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022
What’s Happening at Yes Bank? Scandal-ridden Yes Bank has been all over the news lately. It has initiated the process to form a new Board of Directors. The private sector bank seeks to exit from the reconstruction scheme devised for its rescue in 2020. It has reported a positive momentum in overall business and even claimed to regain the trust […] Written by Cherian Varghese June 14, 2022June 14, 2022