Market News Top 10 News Yes Bank Plans Growth Roadmap After $1B Capital Raising – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Yes Bank plans growth roadmap after $1 billion capital raising Yes Bank is aiming to expand its loan book by 15% in FY23 and acquire smaller rivals to revive its business, said CEO Prashant Kumar. The bank’s expansion plan comes after it […] Written by Cherian Varghese August 4, 2022August 4, 2022
Market News Top 10 News Maruti Suzuki’s Net Profit Falls 65% YoY in Q2 – Top Indian Market News Maruti Suzuki Q2 Results: Net profit falls 65% YoY to Rs 475 crore Maruti Suzuki India reported a 65.35% YoY decline in net profit to Rs 475.3 crore for the quarter ended September (Q2 FY22). Net profit fell 7.8% compared to the previous quarter. The automaker’s net sales fell 9.09% YoY to Rs 19,297.8 crore […] Written by marketfeed Team October 27, 2021April 21, 2022
Market News Top 10 News Cabinet Approves Relief Package for Telecom Sector – Top Indian Market News Cabinet approves 4-year moratorium on AGR dues, 100% FDI in telecom sector The Union Cabinet has approved a four-year moratorium on payment of spectrum dues by telecom companies. The government has also decided to allow 100% foreign direct investment (FDI) in the telecom sector. The Centre has decided to rationalise the definition of Adjusted Gross […] Written by marketfeed Team September 15, 2021April 21, 2022
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 marketfeed Team August 3, 2021April 21, 2022
Market News Top 10 News Heineken Acquires Additional 14.98% Stake in UBL – Top Indian Market News Heineken acquires additional 14.98% stake in UBL Dutch brewing company Heineken N.V. has acquired an additional 14.98% stake in United Breweries Ltd (UBL). Its total shareholding in UBL has increased from 46.5% to 61.5%. On June 22, SEBI had exempted Heineken from the obligation of making an open offer following its proposed acquisition of shares […] Written by marketfeed Team June 23, 2021April 21, 2022
Market News Top 10 News Covid-19 Expert Panel Recommends SII’s Covishield for Emergency Use – Top Indian Market News Covid-19 expert panel recommends SII’s Covishield for emergency use The Subject Expert Committee (SEC) on Covid-19 of the Central Drugs Standard Control Organisation (CDSCO) has recommended granting emergency use authorisation (EUA) for ‘Covishield’, a Covid-19 vaccine developed by Oxford University and AstraZeneca. The Pune-based Serum Institute of India (SII) has tied up with AstraZeneca to […] Written by marketfeed Team January 1, 2021April 21, 2022
Editorial The Honey Scam – All You Need to Know The people of India has fallen prey to another scam. This time, it is a food item that boosts our immunity- Honey! An investigation by CSE has confirmed that brands such as Dabur and Patanjali have been selling adulterated honey. Learn more about the shocking revelations made by CSE, and much more. Written by marketfeed Team December 7, 2020April 21, 2022
Market News Top 10 News Burger King India IPO Gets Oversubscribed on Day 1 – Top Indian Market News Burger King India IPO subscribed more than 3 times on Day 1 The initial public offering (IPO) of Burger King India was subscribed more than three times on the opening day of the issue. The Rs 810-crore issue has received bids for 23.32 crore equity shares, which was 3.13 times the total issue size. The […] Written by marketfeed Team December 2, 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
