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 HUL Reports 9% YoY Rise in Net Profit in Q4 – Top Indian Market News HUL Q4 Results: Net profit rises 9% YoY to Rs 2,327 crore Hindustan Unilever Ltd (HUL) reported an 8.6% YoY increase in net profit to Rs 2,327 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 10.4% YoY to Rs 13,190 crore during the same period. The FMCG company’s home care […] Written by marketfeed Team April 27, 2022April 27, 2022
Market News Top 10 News SpiceJet Settles $24 million Dispute With Credit Suisse – Top Indian Market News SpiceJet settles $24 million financial dispute with Credit Suisse SpiceJet Ltd has reached an in-principle commercial settlement with Credit Suisse AG over pending dues of $24 million. The Swiss firm had moved the Madras High Court against SpiceJet after the airline availed the services of SR Technics, Switzerland, for maintenance, repair, and overhauling of aircraft […] Written by marketfeed Team March 31, 2022April 21, 2022
Market News Top 10 News Govt to Sell 1.5% Stake in ONGC to Raise Rs 3,000 crore – Top Indian Market News Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 crore The Indian govt will sell up to 1.5% stake in Oil & Natural Gas Corporation Ltd (ONGC) to raise Rs 3,000 crore. The offer for sale (OFS) by the government will be open on March 30 and 31. The floor price […] Written by marketfeed Team March 29, 2022April 21, 2022
Market News Top 10 News Lok Sabha Passes The Finance Bill, 2022 – Top Indian Market News Lok Sabha passes the Finance Bill, 2022 The Lok Sabha has approved the Finance Bill 2022 completing the budgetary exercise for FY 2022-23. The Finance Bill 2022 contains provisions that tighten the norms for taxation of Virtual Digital Assets (VDAs) or cryptocurrencies by disallowing set off of any losses with gains from other virtual digital […] Written by marketfeed Team March 25, 2022April 21, 2022
Market News Top 10 News RIL Terminates Sub-Lease of 950 Future Stores – Top Indian Market News Reliance terminates sub-lease of 950 Future stores Reliance Retails Ventures Ltd (RRVL) has issued notices on Future Retail for terminating sub-leases of 950 stores it had taken over. The debt-laded Future Group firms have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores. In February, RRVL had […] Written by marketfeed Team March 10, 2022April 21, 2022
Market News Top 10 News Bharti Airtel to Acquire 4.7% Stake in Indus Towers – Top Indian Market News Bharti Airtel to acquire 4.7% stake in Indus Towers from Vodafone Plc Bharti Airtel Ltd has entered into an agreement to acquire a 4.7% stake in Indus Towers Ltd from British telecom giant Vodafone Plc. The block deal would be executed through Euro Pacific Securities, a Vodafone Group entity that holds a 7.59% stake in […] Written by marketfeed Team February 25, 2022April 21, 2022
Market News Top 10 News Infosys Launches Metaverse Foundry – Top Indian Market News Infosys launches Metaverse Foundry; to help enterprises with metaverse adoption Infosys Ltd has launched a Metaverse Foundry to ease and fast-track enterprises’ exploration of the metaverse. The exploration also includes virtual and augmented environments for the customers, workplace, products, and operations. The IT company has already developed 100 use cases and is actively working with […] Written by marketfeed Team February 24, 2022April 21, 2022
Market News Top 10 News Hero MotoCorp, BPCL to Set Up EV Charging Infra – Top Indian Market News Hero MotoCorp partners with BPCL to set up EV charging infra across India Hero MotoCorp has partnered with Bharat Petroleum Corp Ltd (BPCL) to set up charging infrastructure for electric two-wheelers across India. The two entities will first establish a substantial charging infrastructure within the existing nationwide energy station network. They may broaden the collaboration […] Written by marketfeed Team February 22, 2022April 21, 2022
Market News Top 10 News ED Conducts Raids at Indiabulls Finance Centre – Top Indian Market News ED conducts raids at Indiabulls Finance Centre in Mumbai The Enforcement Directorate (ED) conducted raids at Indiabulls Finance Centre in Mumbai. The search was based on an Enforcement Case Information Report (ECIR) registered by ED under the Prevention of Money Laundering Act, 2002 (PMLA) against Indiabulls Housing, promoter Sameer Gehlaut, and other related companies and […] Written by marketfeed Team February 21, 2022April 21, 2022
Market News Top 10 News Google to Invest up to $1 billion in Bharti Airtel – Top Indian Market News Google to invest up to $1 billion in Bharti Airtel US internet giant Google has announced an investment of up to $1 billion (~Rs 7,497 crore) in partnership with Bharti Airtel. It includes a $700 million equity investment in Bharti Airtel for a 1.28% stake and up to $300 million towards potential multi-year commercial agreements. […] Written by marketfeed Team January 28, 2022April 21, 2022
Market News Top 10 News CCI Suspends Amazon’s 2019 Deal With Future Group – Top Indian Market News CCI suspends Amazon’s 2019 deal with Future Group citing suppression of information The Competition Commission of India (CCI) has suspended Amazon.com, Inc’s 2019 deal with Future Group following a review of allegations that the e-commerce giant had concealed information while seeking regulatory approval. CCI has also imposed a penalty of Rs 200 crore on Amazon. […] Written by marketfeed Team December 17, 2021April 21, 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
