Market News Top 10 News Kalyan Jewellers’ Revenue Grows 60% in Q2 – Top Indian Market News Kalyan Jewellers’ revenue grows 60% in Q2 Kalyan Jewellers reported a 60% year-on-year (YoY) growth in revenue of its India operations during the quarter ended September (Q2 FY22). The company registered growth in the share of new customers in Q2, largely driven by a shift from the unorganised to the organised segment. The non-south markets […] Written by Cherian Varghese October 7, 2021October 7, 2021
Market News Top 10 News Finance Ministry Announces Rs 6.28 lakh crore Stimulus Package – Top Indian Market News Finance Ministry announces relief measures for sectors impacted by Covid-19 Union Finance Minister Nirmala Sitharaman has announced a Rs 6.28 lakh crore stimulus package to boost Covid-affected sectors. An amount of Rs 23,220 crore will be set aside for the expansion of medical infrastructure for one year. Once issuance resumes, five lakh tourist visas will […] Written by Cherian Varghese June 28, 2021June 28, 2021
Market News Top 10 News Adani Ports’ Net Profit Jumps 285% YoY in Q4 – Top Indian Market News Adani Ports Q4 Results: Net profit jumps 285% YoY to Rs 1,288 crore Adani Ports & Special Economic Zone Ltd (APSEZ) reported a 285% year-on-year (YoY) jump in net profit to Rs 1,288 crore for the quarter ended March (Q4). Its revenue rose 24% YoY to Rs 3,608 crore during the same period. Total cargo […] Written by Cherian Varghese May 4, 2021May 5, 2021
Editorial FTSE Index Rejig to Boost Indian Stocks? On February 19, UK-based index provider Financial Times Stock Exchange (FTSE) announced certain vital changes as part of its quarterly index review. The FTSE report mentions various Indian stocks that will be added or removed in its All-World and All-Cap Index. As per reports, India is expected to receive significant inflows in the range of […] Written by Cherian Varghese February 26, 2021February 26, 2021
Market News Top 10 News Retail Inflation Eases to 4.06% in January; Industry Output Grows 1% in December – Top Indian Market News Retail inflation eases to 4.06% in January; industry output grows 1% in December India’s retail inflation, calculated by the Consumer Price Index (CPI), eased to 4.06% in January 2021, primarily due to a decline in vegetable prices. The CPI stood at 4.59% in December 2020 and 7.6% in January 2020. Meanwhile, the Index of Industrial […] Written by Cherian Varghese February 12, 2021February 12, 2021
Editorial Why You Should Look Into Defence Stocks Right Now! The defence industry is one of the most strategically important sectors of India. Our military forces are known to be one of the best in the world. But for years, our government was heavily dependent on countries like Russia, USA, and France for military equipment. This is soon about to change. The Ministry of Defence […] Written by Cherian Varghese February 10, 2021February 10, 2021
Market News Top 10 News RBI Keeps Policy Rates Unchanged; Projects GDP Growth at 10.5% in FY22 – Top Indian Market News RBI keeps policy rates unchanged; projects GDP growth at 10.5% in FY 2021-22 The Monetary Policy Committee (MPC) of the Reserve Bank of India has decided to keep the repo rate unchanged at 4%. The reverse repo rate will remain unchanged at 3.35%. The MPC has projected gross domestic product (GDP) to grow at a […] Written by Cherian Varghese February 5, 2021February 5, 2021
Market News Top 10 News Bharti Airtel Reports Net Profit of Rs 854 crore in Q3 – Top Indian Market News Bharti Airtel Q3 Results: Net profit at Rs 854 crore Bharti Airtel reported a consolidated net profit of Rs 853.6 crore for the quarter ended December (Q3). It has posted a net loss of Rs 763.2 crore in the corresponding quarter last year. The telecom operator’s revenue grew 6% quarter-on-quarter (QoQ) to Rs 26,517 crore […] Written by Cherian Varghese February 3, 2021February 3, 2021
Market News Top 10 News Tata Steel’s Net Profit Falls 60% YoY – Top Indian Market News Tata Steel Q2 Results: Net Profit falls 60% YoY to Rs 1,635 crore Tata Steel Ltd. reported a 60% year-on-year (YoY) decline in consolidated net profit to Rs 1,635 crore, for the quarter ended September (Q2). The company’s revenue increased by 7% YoY to Rs 37,154 crore, during the same period. Tata Steel has stated […] Written by Cherian Varghese November 13, 2020November 17, 2020
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
Analysing a $13 Billion Business Empire: JSW Group Since its inception around 39 years ago, the JSW Group has become one of the most respectable and fastest-growing conglomerates in the world. The $13 billion (~Rs 97.250 crore) business empire operates one of the leading steel companies in India. It even owns some of our favourite sports teams. In today’s article, learn more about […] Written by Cherian Varghese October 8, 2021October 8, 2021
OYO Rooms Files For IPO: Pre-IPO Review Oravel Stays Limited, popularly known as OYO Rooms, has filed its Draft Red Herring Prospectus (DHRP) with the Securities and Exchange Board of India (SEBI). The papers filed by OYO are not final and give only insight into its intention, business model, and the challenges it faces before the IPO. The loss-making company with a […] Written by Maarg Vaidya October 7, 2021October 7, 2021
