Market News Top 10 News Tata Motor’s Net Loss Widens to Rs 4,441 crore in Q2 – Top Indian Market News Tata Motors Q2 Results: Net loss widens to Rs 4,441 crore Tata Motors Ltd reported a consolidated net loss of Rs 4,441.6 crore for the quarter ended September (Q2 FY22). The automaker had reported a net loss of Rs 314.5 crore in the corresponding quarter last year and a net loss of Rs 4,451 crore […] Written by Cherian Varghese November 1, 2021November 1, 2021
Market News Top 10 News HDFC to Raise up to Rs 6,000 crore via Bonds – Top Indian Market News HDFC plans to raise up to Rs 6,000 crore via bonds Housing Development Finance Corp (HDFC) will raise up to Rs 6,000 crore by issuing non-convertible debentures (NCDs) on a private placement basis. The NCDs will have a base issue size of Rs 3,000 crore, with an option to retain oversubscription of Rs 3,000 crore […] Written by Cherian Varghese September 27, 2021September 27, 2021
Market News Top 10 News India to Export 8 million Covid-19 Vaccine Doses in October – Top Indian Market News India to export 8 million Covid-19 vaccine doses in October India will export eight million Covid-19 vaccine doses by the end of October after ending its ban on sending doses abroad. Prime Minister Narendra Modi has promised to resume exports of vaccines at a meeting of the ‘Quad’ leaders, as India, Japan, Australia, and the […] Written by Cherian Varghese September 25, 2021September 25, 2021
Market News Top 10 News Manufacturing PMI Recovers to 3-Month High – Top Indian Market News Manufacturing PMI recovers to 3-Month high in July Manufacturing activity in India expanded after a month in July as local lockdowns imposed to curb the second wave of the Covid-19 pandemic eased. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 55.3 in July, compared with 48.1 in June. This is the fastest […] Written by Cherian Varghese August 2, 2021August 2, 2021
Market News Top 10 News JSW Steel Output Rises 10% to 13.67 LT in May – Top Indian Market News JSW Steel output rises 10% to 13.67 LT in May JSW Steel Ltd reported a 10% YoY growth in crude steel production to 13.67 lakh tonne (LT) in May 2021. The company had produced 12.48 LT steel during the same month last year. Its output of flat-rolled products increased by 10% YoY to 9.99 LT […] Written by Cherian Varghese June 10, 2021June 10, 2021
Market News Top 10 News HDFC Reports 42% YoY Rise in Net Profit in Q4 – Top Indian Market News HDFC Q4 Results: Net profit rises 42% YoY to Rs 3,180 crore Housing Development Finance Corporation (HDFC) reported a 42% YoY increase in net profit to Rs 3,180 crore for the quarter ended March (Q4). On a quarterly basis, net profit has increased by 8.7%. Net interest income (NII) rose 14% YoY to Rs 4,065 crore […] Written by Cherian Varghese May 7, 2021May 7, 2021
Market News Top 10 News ICICI Securities’ Net Profit Jumps Two-Fold in Q4 – Top Indian Market News ICICI Securities Q4 Results: Net profit jumps two-fold to Rs 329 crore ICICI Securities Limited reported over a two-fold year-on-year (YoY) increase in net profit to Rs 329 crore for the quarter ended March (Q4). Its revenue jumped 53% YoY to Rs 739 crore during the same period. The revenue growth was supported by a […] Written by Cherian Varghese April 21, 2021April 21, 2021
Market News Top 10 News Tata Consumer Q3 Profit Rises 29% YoY to Rs 218 crore – Top Indian Market News Tata Consumer Q3 Results: Net profit rises 29% YoY to Rs 218 crore Tata Consumer Products Ltd (TCPL) reported a 29% YoY increase in consolidated net profit to Rs 218.2 crore for the quarter ended December (Q3). Its revenue from operations rose 23% YoY to Rs 3,069.6 crore during the same period. The rise in […] Written by Cherian Varghese February 2, 2021February 2, 2021
Market News Top 10 News SEBI Slaps Rs 1 crore Fine On HDFC Bank – Top Indian Market News SEBI imposes Rs 1 crore penalty on HDFC Bank in BRH Wealth Kreators case SEBI imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stockbroker BRH Wealth Kreators, in violation of the regulator’s interim directions. The bank has also been directed to transfer Rs 158.68 crore along with 7% […] Written by Cherian Varghese January 21, 2021January 21, 2021
Market News Top 10 News Infosys Reports 16% YoY Rise In Net Profit – Top Indian Market News Infosys Q3 Results: Net profit jumps 16.6% YoY to Rs 5,197 crore Infosys Ltd reported a 16.6% year-on-year (YoY) increase in consolidated net profit at Rs 5,197 crore for the quarter ended December (Q3). The IT major had posted a net profit of Rs 4,457 crore in the same period last year. The company’s revenue […] Written by Cherian Varghese January 13, 2021January 14, 2021
Trending Reliance Loses Crown To HDFC Bank in the NIFTY 50 In other news, Reliance Industries Limited (RIL) has lost its position to HDFC Bank in terms of weightage in the NIFTY 50. HDFC Bank stocks have been rallying despite an RBI report on a possible spike in Gross NPAs. What led to the events? Let’s find out. Written by Maarg Vaidya January 13, 2021January 13, 2021
Market News Top 10 News Centre to Transfer Rs 6,000 crore as GST Compensation to 16 States – Top Indian Market News Centre to transfer Rs 6,000 crore as GST compensation to 16 states The Central Government will release Rs 6,000 crore to 16 states and 3 union territories on Monday. This amount will be the second round of back-to-back loans given to states/UTs to meet the shortfall in Goods and Services Tax (GST) collections. There was […] Written by Cherian Varghese November 2, 2020November 2, 2020
An Analysis of Ashok Leyland The Hinduja Group’s Ashok Leyland has produced some of India’s best buses and trucks over the past seven decades. From school buses to army trucks, the company continues to play a vital role in our country’s development. In this article, learn more about Ashok Leyland Ltd, the second-largest manufacturer of commercial vehicles in India. Ashok […] Written by Cherian Varghese January 12, 2022January 12, 2022
What is DeFi? What are its Applications? While investing or trading in cryptocurrencies, you might have come across a category of tokens known as DeFi or Decentralised Finance. With the advancement of blockchain technology and a large variety of cryptos, many consider DeFi to be the future of financing in the world. In this article, we dive into the world of Decentralised […] Written by Cherian Varghese January 10, 2022January 10, 2022
The Fed Minutes: Explained Minutes of the US Federal Reserve’s December policy meeting were released last week. It outlines the central bank’s plans to speed up measures to keep inflation in check. The US markets fell heavily following the developments as investors are concerned about the aggressive stance of the Fed. The Indian markets declined by up to ~1.5% […] Written by Cherian Varghese January 10, 2022January 10, 2022
