Market News Top 10 News Wipro Reports 36% YoY Rise in Net Profit in Q1 – Top Indian Market News Wipro Q1 Results: Net profit rises 36% YoY to Rs 3,243 crore Wipro Limited reported a 36.65% year-on-year (YoY) increase in consolidated net profit to Rs 3,242.6 crore for the quarter ended June (Q1 FY22). Net profit has increased by 9.09% when compared to the previous quarter. The IT company’s revenue from operations rose 22.4% […] Written by Cherian Varghese July 15, 2021July 15, 2021
Market News Top 10 News Govt Sets New Rules for Social Media, OTT Platforms – Top Indian Market News Govt sets new rules for social media, OTT platforms The Central government, on Thursday, released guidelines for regulating social media and over-the-top (OTT) platforms to curb misuse of content. Some of the new changes include a strict oversight mechanism involving several ministries. In a press conference, Union IT minister Ravi Shankar Prasad said that the […] Written by Cherian Varghese February 25, 2021February 25, 2021
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 Cherian Varghese November 26, 2020November 26, 2020
Market News Top 10 News Hero MotoCorp to Sell Harley-Davidson Motorcycles in India – Top Indian Market News Hero MotoCorp to sell and service Harley-Davidson motorcycles in India Hero MotoCorp Ltd. has signed an agreement with Harley-Davidson Inc. to develop and sell premium motorcycles in India, under the Harley brand name. According to the distribution agreement, Hero will also sell the accessories, parts, and merchandise of the US-based motorcycle maker. This would allow […] Written by Cherian Varghese October 27, 2020October 27, 2020
Editorial Angel Broking IPO: All you need to know IPO’s are at a boom right now. We covered all the details of CAMS IPO you wanted to know before it was launched a few days back. Today, we are going to talk about the Initial Public Offering (IPO) of Angel Broking. The Angel Broking public offer is the 8th IPO in 2020, and the […] Written by Sanidhya Bhardwaj September 22, 2020September 24, 2020
With Omicron and Lockdowns, is PVR in Trouble Again? Cinemas have managed to stay afloat despite not being functional for a reasonable amount of time. As some of the movie theatres resumed operations from July 31, 2021, a rush of movies, coupled with a keen audience, managed to add to revenue for cinemas. PVR is the largest company by market capitalisation that operates cinemas […] Written by Maarg Vaidya January 7, 2022January 7, 2022
Why are FMCG Distributors on Strike? FMCG distributors in Maharashtra have called for a boycott of Hindustan Unilever Ltd’s products. They have also warned Colgate Palmolive India Ltd of taking strict action after the company failed to respond to their concerns. If the demands proposed by traditional FMCG distributors are not addressed, it could get difficult to buy essential products at […] Written by Cherian Varghese January 4, 2022January 4, 2022
What is Mukesh Ambani’s Succession Plan for Reliance? Mukesh Ambani has played a pivotal role in Reliance Industries Ltd’s (RIL) multi-fold and aspirational growth into India’s largest conglomerate. His company has established a dominant presence in key sectors, making it a vital entity for the development of our country. In recent years, their fortune and influence have flourished to new heights. The business […] Written by Cherian Varghese January 3, 2022January 3, 2022
