Market News Top 10 News Vi Defers Rs 8,837 crore AGR Dues Payment – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vodafone Idea defers Rs 8,837 crore AGR dues payment Vodafone Idea Ltd’s (VIL) board has decided to defer payment of additional adjusted gross revenues (AGR) of Rs 8,837 crore dues by four years. On June 15, the Department of Telecommunications (DoT) had […] Written by Cherian Varghese June 23, 2022June 23, 2022
Market News Top 10 News Tata Motors Secures Biggest Ever EV Fleet Order – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Tata Motors bags biggest ever EV fleet order in India Tata Motors Ltd has secured an order for the supply of 10,000 XPRES-T EV units from BluSmart Electric Mobility. The deployment of 10,000 units makes this the biggest ever EV fleet order […] Written by Cherian Varghese June 6, 2022June 6, 2022
Market News Top 10 News GAIL to Invest ₹6,000 crore in Renewables in Next 3 Years – Top Indian Market News GAIL to invest Rs 6,000 crore in renewables in next three years GAIL India Ltd has announced plans to invest Rs 6,000 crore in renewable energy over the next three years. The investment can go up by an additional Rs 20,000 crore by 2030, said Manoj Jain— Chairman and MD. GAIL has outlined an overall […] Written by marketfeed Team May 30, 2022May 30, 2022
Market News Top 10 News SBI Posts 41% YoY Rise in Net Profit in Q4 – Top Indian Market News SBI Q4 Results: Net profit rises 41% YoY to Rs 9,113 crore State Bank of India (SBI) reported a 41.27% YoY increase in net profit to Rs 9,113.52 crore for the quarter ended March (Q4 FY22). Net interest income (NII) rose 15.26% YoY to Rs 31,198 crore during the same period. The gross non-performing assets […] Written by marketfeed Team May 13, 2022May 13, 2022
Market News Top 10 News Retail Inflation Spikes to 7.79% in April – Top Indian Market News Retail inflation spikes to 7.79% in April India’s retail inflation, measured by the Consumer Price Index (CPI), surged to an eight-year high of 7.79% in April. Retail inflation stood at 6.95% in March. This is the fourth consecutive month that CPI data has breached the Reserve Bank of India’s (RBI) upper margin of 6%. Inflation […] Written by marketfeed Team May 12, 2022May 12, 2022
Market News Top 10 News UPL Posts 29% YoY Rise in Q4 Net Profit – Top Indian Market News UPL Q4 Results: Net profit rises 29% YoY to Rs 1,379 crore UPL Ltd reported a 29% YoY increase in consolidated net profit to Rs 1,379 crore for the quarter ended March (Q4 FY22). Its revenue from operations grew 24% YoY to Rs 15,860 crore during the same period. The chemical manufacturer’s EBITDA stood at […] Written by marketfeed Team May 9, 2022May 9, 2022
Market News Top 10 News Adani Power’s Net Profit Jumps Multifold to Rs 4,645 crore in Q4 – Top Indian Market News Adani Power Q4 Results: Net profit jumps multifold to Rs 4,645 crore Adani Power Ltd reported a multifold jump in net profit to Rs 4,645.47 crore for the quarter ended March (Q4 FY22). It had posted a net profit of Rs 13.13 crore in the corresponding quarter last year (Q4 FY21). Its revenue from operations […] Written by marketfeed Team May 5, 2022May 5, 2022
Market News Top 10 News Bajaj Finance Reports 80% YoY Rise in Q4 Net Profit – Top Indian Market News Bajaj Finance Q4 Results: Net profit rises 80% YoY to Rs 2,420 crore Bajaj Finance Ltd reported an 80% YoY (or 14% QoQ) increase in net profit to Rs 2,419.5 crore for the quarter ended March (Q4 FY22). Its net interest income (NII) rose 30% YoY to Rs 6,068 crore during the same period. The […] Written by marketfeed Team April 26, 2022April 26, 2022
Market News Top Crypto News Coal India’s Supplies to Power Sector Rise 14% – Top Indian Market News Coal India’s supplies to power sector rise 14% amid surging demand Coal India Ltd (CIL) has increased supplies to coal-based electricity generating plants by 14.2% in the first half of April. The company’s supplies have hit 1.6 million tonnes per day (MTPA) during this period. However, soaring power demand due to hotter-than-normal summer seems to […] Written by marketfeed Team April 19, 2022April 21, 2022
Market News Top 10 News WPI Inflation Rises to 14.55% in March – Top Indian Market News WPI inflation rises to 14.55% in March As per data released by the Ministry of Commerce & Industry, India’s Wholesale Price Index (WPI) rose to 14.55% in March 2022. Wholesale price inflation has remained in double-digits for the 12th consecutive month since April 2021. WPI grew 13.11% in February, while WPI for January stood at […] Written by marketfeed Team April 18, 2022April 21, 2022
Market News Top 10 News TCS Posts 7% YoY Rise in Net Profit in Q4 – Top Indian Market News TCS Q4 Results: Net profit rises 7% YoY to Rs 9,926 crore Tata Consultancy Services (TCS) reported a 7% YoY increase in consolidated net profit to Rs 9,926 crore for the quarter ended March (Q4 FY22). Net profit rose 1.6% when compared to the previous quarter. Its revenue from operations grew 16% YoY (or 3.5% […] Written by marketfeed Team April 11, 2022April 21, 2022
Market News Top 10 News Tata Motors Secures Order for 1,300 CVs – Top Indian Market News Tata Motors secures order for 1,300 CVs from VRL Logistics Tata Motors has secured an order for 1,300 commercial vehicles (CVs) from VRL Logistics. The order comprises medium & heavy commercial vehicles (MHCV) and intermediate & light commercial vehicle (ILCV) range, which suit the logistics operations of VRL Logistics. The vehicles provide superior drivability, high […] Written by marketfeed Team April 7, 2022April 21, 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
Aether Industries Ltd IPO: All You Need to Know The IPO ‘may-hem’ continues in the Indian stock markets! Gujarat-based speciality chemical manufacturer Aether Industries Ltd has launched its three-day initial public offering (IPO) today— May 24. In this article, we analyse the company and its IPO. Company Profile – Aether Industries Ltd Established in 2013, Aether Industries Ltd (AIL) is one of the fastest-growing […] Written by Cherian Varghese May 24, 2022May 24, 2022
Is Elon Musk’s Acquisition of Twitter a Mistake? Twitter has been all over the news lately. It’s a widely popular platform for political leaders to address citizens and celebrities to update their fans. Twitter has even become the common man’s public grievance centre. You can simply share anything under the sun (well, sort of). A Tweet can start worldwide movements or stir up […] Written by Anand P M May 23, 2022May 23, 2022