Market News Top 10 News ZEEL Gets Global Rights to Air UAE T20 League – Top Indian Market News ZEEL secures global rights to air UAE T20 League UAE’s T20 League has signed a long-term global media rights contract with Zee Entertainment Enterprises Ltd (ZEEL) to air the tournament exclusively on ZEEL’s channels and OTT platform (ZEE5) across the world. The league comprises six teams competing in a 34-match competition. The matches will air […] Written by marketfeed Team May 24, 2022May 25, 2022
Market News Top 10 News Retail Inflation Rises to 4.48% in October – Top Indian Market News Retail inflation rises marginally to 4.48% in October India’s retail inflation, as measured by the Consumer Price Index (CPI), rose marginally to 4.48% in October from 4.35% in September. This is the fourth successive month that the CPI data has come below the Reserve Bank of India’s (RBI) upper margin of 6%. Food inflation has […] Written by marketfeed Team November 12, 2021April 21, 2022
Market News Top 10 News Grasim Gets Rs 8,334 crore Income Tax Demand – Top Indian Market News Grasim Industries gets Rs 8,334 crore income tax demand The Income Tax (IT) department has raised a demand of Rs 8,334 crore against Grasim Industries Ltd (GIL) as capital gains tax for the assessment year 2018-19. The demand by the IT department is related to the scheme of GIL’s merger with Aditya Birla Nuvo and […] Written by marketfeed Team October 2, 2021April 21, 2022
Market News Top 10 News Future Retail Files New Case Against Amazon Over Deal – Top Indian Market News Future Retail Files New Case Against Amazon Over Deal Kishore Biyani’s Future Retail has filed a fresh lawsuit against Amazon in the Supreme Court. Amazon owns a critical stake in Future Retail. Amazon won an arbitration order that stalled Reliance’s decision to acquire Future Group. Future Group has argued that if the deal with Reliance […] Written by marketfeed Team August 28, 2021April 21, 2022
Market News Top 10 News PM Modi Launches Vehicle Scrappage Policy – Top Indian Market News PM Modi launches vehicle scrappage policy Prime Minister Narendra Modi has launched the ‘Voluntary Vehicle Fleet Modernisation Programme’ or the automobile scrappage policy. The new policy aims to phase out unfit and polluting cars and commercial vehicles which are older than 20 or 15 years, respectively. The scrappage policy will bring in investments of ~Rs […] Written by marketfeed Team August 13, 2021April 21, 2022
Market News Top 10 News Tata Steel Reports 34% QoQ Rise in Net Profit in Q1 – Top Indian Market News Tata Steel Q1 Results: Net profit at Rs 8,907 crore Tata Steel Ltd reported a consolidated net profit of Rs 8,907 crore for the quarter ended June (Q1 FY22). It had posted a net loss of Rs 4,416 crore in Q1 FY21 and a net profit of Rs 6,644 crore in the previous quarter (Q4 […] Written by marketfeed Team August 12, 2021April 21, 2022
Editorial Grasim Industries: A Jack Of All Trades Aditya Birla Grasim, popularly known as GRASIM is an Indian company that manufactures textile, cement, sponge iron, chemicals and even runs an Asset Management Company on the side! A flagship of the well-known Aditya Birla Group with its many subsidiaries, the company is a buzz on Dalal Street. The company’s profitable Q4FY21 results did boost […] Written by marketfeed Team June 1, 2021April 21, 2022
Market News Top 10 News Grasim Reports 13% YoY Rise in Net Profit in Q4 – Top Indian Market News Grasim Q4 Results: Net profit rises 13% YoY to Rs 2,616 crore Grasim Industries reported a 13.3% YoY increase in consolidated net profit to Rs 2,616.64 crore for the quarter ended March (Q4). Its revenue from operations rose 26% YoY to Rs 24,398.92 crore during the same period. The company’s viscose (rayon fabric) business posted […] Written by marketfeed Team May 24, 2021April 21, 2022
Editorial The Paint Industry in India: An Analysis Over the past few months, the paint industry in India has been showing a strong recovery. We have also seen a surge in certain paint stocks in recent weeks. In this article, read more about the top 4 paint companies. Also, find out the reasons behind the strong growth of the industry as a whole. Written by marketfeed Team January 27, 2021April 21, 2022
Market News Top 10 News Reliance Industries’ Net Profit Rises 12% YoY to Rs 13,101 crore – Top Indian Market News Reliance Industries Q3 Results: Net profit rises 12% YoY to Rs 13,101 crore Reliance Industries Ltd (RIL) reported a 12.5% YoY increase in consolidated net profit to Rs 13,101 crore for the quarter ended December (Q3). The company had posted a net profit of Rs 11,640 crore during the corresponding period in FY20. RIL’s consolidated […] Written by marketfeed Team January 22, 2021April 21, 2022
Market News Top 10 News Finance Ministry Announces New Stimulus Package – Top Indian Market News Finance Ministry unveils 12 new stimulus measures through Atmanirbhar Bharat 3.0 The Finance Ministry has announced a series of new measures to provide a further boost to India’s Covid-hit economy. The size of the stimulus package has been estimated at Rs 2.65 lakh crore. The Atmanirbhar Bharat 3.0 has focussed on sectors such as real […] Written by marketfeed Team November 12, 2020April 21, 2022
Buy Now Pay Later: A Tough Rival for Credit Card Companies? What do you do when you want to purchase something outside your financial limit or face a sudden money crunch? Decades ago, people used to run to a nearby moneylender who charge high-interest rates. But things are much simpler now! Credit cards allow you to borrow money for almost a month at zero interest rates. […] Written by Anand P M June 6, 2022June 6, 2022
Zomato Q4 Results: How Has The Food and Delivery Platform Fared? Zomato got listed in July 2021. The food delivery platform’s share price has tanked by nearly ~42% since then. Amidst tough economic conditions, the company is trying to expand into the B2B segment with Hyperpure, growing breakneck, and keeping up with peers like Swiggy, Zepto, and Dunzo. Zomato had recently announced its Q4 results for […] Written by Maarg Vaidya May 31, 2022May 31, 2022
Major IT Stocks are Falling! Find Out Why! The stock markets have not been kind to investors over the past few months. Foreign institutional investors (FIIs) have pulled out nearly Rs 1.65 lakh crore so far from the Indian equity markets this year. Major IT stocks (mostly considered defensive stocks historically) have been under heavy selling pressure. The NIFTY IT Index has fallen […] Written by Cherian Varghese May 26, 2022May 26, 2022