Market News Top 10 News MRF Reports 12-fold Jump in Net Profit in Q1 – Top Indian Market News MRF Q1 Results: Net profit rises 12-fold YoY to Rs 166 crore MRF Limited reported a 1,130% YoY jump in consolidated net profit to Rs 165.58 crore for the quarter ended June (Q1 FY22). However, net profit has declined by 50.15% when compared to the previous quarter. Its revenue from operations rose 70% YoY to […] Written by Cherian Varghese August 9, 2021August 9, 2021
Editorial CarTrade Tech IPO: All You Need to Know Many of you may be familiar with auto platforms such as CarWale and BikeWale. It provides an in-depth analysis of all prominent cars and two-wheelers that ply on Indian roads. The company that operates these brands, CarTrade Tech Limited, has launched its three-day IPO today— August 9. In this article, we take a closer look […] Written by Cherian Varghese August 9, 2021August 9, 2021
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
