Market News Top 10 News Tata Group Takes Over Air India – Top Indian Market News Tata Group takes over Air India after 69 years The Tata Group has officially taken over Air India from the Indian government on Thursday. A consideration of Rs 2,700 crore has been received by the government as part of the divestment. “We are totally delighted to have Air India back at the Tata group,” said […] Written by marketfeed Team January 27, 2022April 21, 2022
Market News Top 10 News WPI Inflation Rises to 11.39% in August – Top Indian Market News WPI inflation rises to 11.39% in August India’s wholesale inflation, measured by the Wholesale Price Index (WPI), spiked to 11.39% in August 2021. WPI grew 11.16% in July and 12.07% in June. The food articles segment witnessed a (-)1.29% change in August, as prices of vegetables and fruits contracted. Inflation in the fuel and power […] Written by marketfeed Team September 14, 2021April 21, 2022
Market News Top 10 News Tech Mahindra Reports 39% YoY Rise in Net Profit in Q1 – Top Indian Market News Tech Mahindra Q1 Results: Net profit rises 39% YoY to Rs 1,353 crore Tech Mahindra Ltd reported a 39.17% YoY increase in net profit to Rs 1,353.2 crore for the quarter ended June (Q1 FY22). Net profit has increased by 25.13% when compared to the previous quarter. Its revenue from operations rose 11.98% YoY to […] Written by marketfeed Team July 29, 2021April 21, 2022
Market News Top 10 News Bank NPAs Could Rise To 9.8% in March 2022, says RBI – Top Indian Market News Bank NPAs could rise to 9.8% in March 2022, says RBI The Reserve Bank of India (RBI) has said in its Financial Stability Report that Non-Performing Assets (NPA) at Scheduled Commercial Banks (SCBs) could rise to anywhere between 9.8% to 11.2% by March 2022. The Gross NPA ratio for SCBs stood at 7.4% in March […] Written by marketfeed Team July 2, 2021April 21, 2022
Market News Top 10 News HUL Reports 41% YoY Rise in Net Profit in Q4 – Top Indian Market News Hindustan Unilever Q4 Results: Net profit rises 41% YoY to Rs 2,143 crore Hindustan Unilever Ltd (HUL) reported a 41% year-on-year (YoY) increase in net profit to Rs 2,143 crore for the quarter ended March (Q4). Its revenue rose 35% YoY to Rs 11,947 crore during the same period. The FMCG firm saw strong demand […] Written by marketfeed Team April 29, 2021April 21, 2022
Market News Top 10 News Maruti Suzuki Q3 Profit Rises 24% YoY – Top Indian Market News Maruti Suzuki Q3 Results: Net profit rises 24% YoY to Rs 1,941 crore Maruti Suzuki India Ltd reported a 24% year-on-year (YoY) increase in net profit to Rs 1,941 crore for the quarter ended December (Q3). Its revenue from operations rose 13.3% YoY to Rs 23,458 crore during the same period. The company sold a […] Written by Cherian Varghese January 28, 2021January 28, 2021
Market News Top 10 News PM Modi Reveals Plans to Boost India’s Renewable Energy Sector – Top Indian Market News PM Modi reveals plans to boost India’s renewable energy sector During his speech at RE-Invest 2020, Prime Minister Narendra Modi stated that India has huge renewable energy deployment plans for the next decade. These plans will likely generate business opportunities worth $20 billion (~Rs 1.47 lakh crore) per year. He further said that India’s renewable […] Written by marketfeed Team November 26, 2020April 21, 2022
Market News Top 10 News L&T wins contract worth Rs 25,000 crore – Top Indian Market News L&T wins contract worth Rs 25,000 crore for bullet train project Larsen & Toubro (L&T) has secured its single biggest order of Rs 25,000 crore from the National High-Speed Rail Corporation. The company will build a portion of the 508 km corridor for the Mumbai-Ahmedabad bullet train project. The High-Speed Rail project is set to […] Written by marketfeed Team October 29, 2020April 21, 2022
Paytm Shares Are Up 32% From 52-Week Low. What Next? Shares of One97 Communications Ltd, the parent company of digital payments platform Paytm, have recovered ~32% from its 52-week low. Unfortunately, the stock is still down by Rs 1,280 or 65% compared to its IPO listing price of Rs 1,955! In today’s article, we analyze the recent developments surrounding Paytm and its financial performance. What […] Written by Cherian Varghese July 6, 2022July 7, 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
