Market News Top 10 News HUL Posts 9% YoY Rise in Net Profit in Q2 – Top Indian Market News HUL Q2 Results: Net profit rises 9% YoY to Rs 2,187 crore Hindustan Unilever Ltd (HUL) reported a 9% year-on-year (YoY) increase in net profit to Rs 2,187 crore for the quarter ended September (Q2 FY22). Its revenue from operations rose 11.2% YoY to Rs 12,724 crore during the same period. The company’s domestic consumer […] Written by Cherian Varghese October 19, 2021October 19, 2021
Market News Top 10 News Bharti Airtel to Invest Rs 5,000 crore in Data Centre Business – Top Indian Market News Bharti Airtel to invest Rs 5,000 crore to triple data centre capacity by 2025 Bharti Airtel will invest Rs 5,000 crore over the next 3-4 years to scale up its data centre capacity in India to meet the surging demand from domestic and global customers. The telecom company has unveiled a refreshed brand identity— ‘Nxtra […] Written by Cherian Varghese September 30, 2021September 30, 2021
Editorial Can a Relief Package Save the Telecom Sector? Telecos Vodafone Idea and Bharti Airtel can finally breathe a sigh of relief. The Union Cabinet has approved a crucial relief package that will ease the financial burden of telecom companies. The new measures seek to drive progress, facilitate investments, and increase employment opportunities in India’s telecom industry. In this article, we shall dive into […] Written by Cherian Varghese September 24, 2021September 24, 2021
Market News Top 10 News Jio Adds 65 lakh Subscribers, Vi Loses 14 lakh in July – Top Indian Market News Reliance Jio adds 65 lakh subscribers in July, Vodafone Idea loses 14 lakh Reliance Jio Infocomm added 65.1 lakh wireless subscribers in July 2021, taking its gross user base to 44.32 crore. Bharti Airtel gained 19.4 lakh subscribers, while Vodafone Idea (Vi) lost 14.3 lakh subscribers in July. Jio consolidated its leadership in rural India […] Written by Cherian Varghese September 23, 2021September 23, 2021
Market News Top 10 News Bharti Airtel Conducts Cloud Gaming Session on 5G Trial Network – Top Indian Market News Bharti Airtel conducts cloud gaming session on 5G trial network Bharti Airtel has successfully conducted India’s first cloud gaming session in a 5G environment. The demonstration was conducted in Manesar, Gurgaon, as part of the ongoing 5G trials using spectrum allotted by the Department of Telecommunications (DoT). Cloud gaming enables users to stream and play […] Written by Cherian Varghese September 2, 2021September 2, 2021
Market News Top 10 News India’s GDP Grows 20.1% in Q1 – Top Indian Market News India records GDP growth at 20.1% in Q1 India’s gross domestic product (GDP) for the April-June quarter (Q1 FY22) grew 20.1% as per the provisional estimates released by the Ministry of Statistics and Programme Implementation (MoSPI). The sharp rise in Q1 GDP data can be mainly attributed to a low base last year. The economy […] Written by Cherian Varghese August 31, 2021August 31, 2021
Market News Top 10 News Bharti Airtel to Reduce Debt, Fuel Growth With Rs 21,000 crore Fund Raise – Top Indian Market News Bharti Airtel to reduce debt, fuel growth with Rs 21,000 crore capital raise Bharti Airtel founder-chairman Sunil Mittal said the telecom operator aims to improve its access to growth capital and reduce debt leverage. He said the company has been “loaded with extraordinary debt” and will not shy away from raising tariffs. During an investor […] Written by Cherian Varghese August 30, 2021August 30, 2021
Market News Top 10 News India’s GDP Likely to Grow at 18.5% in Q1, says SBI Report – Top Indian Market News India’s GDP likely to grow at 18.5% in April-June quarter: SBI Report India’s gross domestic product (GDP) is expected to grow at 18.5% in the April-June quarter (Q1 FY22) due to a low base effect, said SBI in its Ecowrap research report. However, this projection is lower than the 21.4% growth projected by the Reserve […] Written by Cherian Varghese August 24, 2021August 24, 2021
Market News Top 10 News GAIL Reports 19% QoQ Fall in Net Profit in Q1 – Top Indian Market News GAIL Q1 Results: Net profit falls 19% QoQ to Rs 1,530 crore GAIL (India) Ltd reported a 19.8% quarter-on-quarter (QoQ) decline in net profit to Rs 1529.9 crore for the quarter ended June (Q1 FY22). Net profit has jumped ~500% when compared to the corresponding period last year. Its revenue from operations rose 11.8% QoQ […] Written by Cherian Varghese August 5, 2021August 5, 2021
Market News Top 10 News Adani Ports Reports 72% YoY Rise in Net Profit in Q1 – Top Indian Market News Adani Ports Q1 Results: Net profit rises 72% YoY to Rs 1,307 crore Adani Ports & Special Economic Zone (APSEZ) reported a 72% YoY increase in consolidated net profit to Rs 1,307 crore for the quarter ended June (Q1 FY22). Net profit has increased by 1.5% when compared to the previous quarter. Its revenue from […] Written by Cherian Varghese August 3, 2021August 3, 2021
Market News Top 10 News Tech Mahindra Reports 39% YoY Rise in Net Profit in Q1 – Top Indian Market News Tech Mahindra Q1 Results: Net profit rises 39% YoY to Rs 1,353 crore Tech Mahindra Ltd reported a 39.17% YoY increase in net profit to Rs 1,353.2 crore for the quarter ended June (Q1 FY22). Net profit has increased by 25.13% when compared to the previous quarter. Its revenue from operations rose 11.98% YoY to […] Written by Cherian Varghese July 29, 2021July 29, 2021
Market News Top 10 News Bajaj Finserv Reports 31% YoY Fall in Net Profit in Q1 – Top Indian Market News Bajaj Finserv Q1 Results: Net profit falls 31% YoY to Rs 833 crore Bajaj Finserv Ltd reported a 31.5% YoY decline in consolidated net profit to Rs 832.7 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 14.9% when compared to the previous quarter. Its revenue from operations fell 1.7% YoY […] Written by Cherian Varghese July 21, 2021July 21, 2021
An Analysis of Affle (India) Limited When you use any form of online media platform, you are bound to receive customised advertisements. Have you ever wondered about the companies that work behind the scenes to send you such ads? Affle (India) is one such listed firm that runs ad campaigns for some of the largest e-commerce platforms in our country. In […] Written by Cherian Varghese October 15, 2021October 15, 2021
Titan Company Limited, The New Hot Stock Titan Company Limited, a subsidiary of the Tata Group, has been in the news for the past few days. It is this very company that helped ace investor Rakesh Jhunjhunwala make Rs 900 crore in a single day. In this piece, we dive down into what makes Titan so unique. Why Is It In The […] Written by Maarg Vaidya October 12, 2021October 12, 2021
TATA Takes Back Air India. What’s Next? On October 8, Puhin Kent Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM) announced that Tata Sons had won the bid for debt-laden Air India. The news has taken the aviation industry by storm. The airline has returned to the Tata Group after 68 years! In this editorial, we dive into […] Written by Anand P M October 11, 2021October 11, 2021
