Market News Top 10 News Jet Airways to Take Off Again – Top Indian Market News Jet Airways to take off again after DGCA approval The Directorate General of Civil Aviation (DGCA) has granted Jet Airways the license to resume commercial flights. The airline conducted its first of three sets of proving flights for the permit on Sunday and the final two on Tuesday. The new owners of Jet Airways, a […] Written by marketfeed Team May 20, 2022May 20, 2022
Market News Top 10 News HUL Reports 9% YoY Rise in Net Profit in Q4 – Top Indian Market News HUL Q4 Results: Net profit rises 9% YoY to Rs 2,327 crore Hindustan Unilever Ltd (HUL) reported an 8.6% YoY increase in net profit to Rs 2,327 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 10.4% YoY to Rs 13,190 crore during the same period. The FMCG company’s home care […] Written by marketfeed Team April 27, 2022April 27, 2022
Market News Top 10 News JSPL to Establish Greenest Steel Plant in Odisha – Top Indian Market News JSPL plans to establish largest, greenest steel plant in Odisha Jindal Steel & Power Ltd (JSPL) has announced plans to develop its Odisha plant into the largest and greenest facility in the world. They have secured sufficient reserves of coal to enable the mega steel company to enhance its capacity for green steel making. JSPL […] Written by marketfeed Team April 1, 2022April 21, 2022
Market News Top 10 News Reliance, Ola Wins Support for Battery Manufacturing – Top Indian Market News Reliance, Ola selected for incentives under PLI scheme for battery manufacturing Reliance New Energy Solar, Ola Electric Mobility, Hyundai, and Rajesh Exports have been selected to receive incentives under a PLI scheme for manufacturing Advanced Chemistry Cell (ACC) Battery Storage in India. Hyundai and Ola Electric have been awarded support for setting up 20 Gigawatt […] Written by marketfeed Team March 24, 2022April 21, 2022
Market News Top 10 News SBI Cards Partners With Paytm to Tokenise Cards – Top Indian Market News SBI Cards partners with Paytm to tokenise cards SBI Cards & Payment Services Ltd has partnered with One97 Communications to enable cardholders to tokenise their cards on devices and make payments through Paytm. Tokenisation refers to masking the original card number by replacing it with a set of unique characters (termed as tokens) that secure […] Written by marketfeed Team December 30, 2021April 21, 2022
Market News Top 10 News Amara Raja Batteries to Invest in Europe-based InoBat Auto – Top Indian Market News Amara Raja Batteries to invest in Europe-based InoBat Auto Amara Raja Batteries Ltd (ARBL) plans to invest in InoBat Auto, a European technology developer and manufacturer of batteries for e-mobility. The initiative would entail a total investment of €10 million (~Rs 84.35 crore), which includes a subscription of 0.04% stake and convertible loan in InoBat […] Written by marketfeed Team December 29, 2021April 21, 2022
Market News Top 10 News Indian Oil Acquires 4.93% Stake in IGX – Top Indian Market News Indian Oil Corp acquires 4.93% stake in IGX Indian Oil Corporation (IOC) has acquired a 4.93% stake in Indian Gas Exchange (IGX). At face value, the acquisition will cost IOC Rs 3.7 crore. IGX is India’s first automated national-level gas exchange. It ensures transparent price discovery in natural gas and facilitates the growth of natural […] Written by marketfeed Team December 21, 2021April 21, 2022
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 marketfeed Team October 7, 2021April 21, 2022
Market News Top 10 News Bharti Airtel to Invest Rs 5,000 crore in Data Centre Business – Top Indian Market News Bharti Airtel to invest Rs 5,000 crore to triple data centre capacity by 2025 Bharti Airtel will invest Rs 5,000 crore over the next 3-4 years to scale up its data centre capacity in India to meet the surging demand from domestic and global customers. The telecom company has unveiled a refreshed brand identity— ‘Nxtra […] Written by marketfeed Team September 30, 2021April 21, 2022
Market News Top 10 News Bharti Airtel to Reduce Debt, Fuel Growth With Rs 21,000 crore Fund Raise – Top Indian Market News Bharti Airtel to reduce debt, fuel growth with Rs 21,000 crore capital raise Bharti Airtel founder-chairman Sunil Mittal said the telecom operator aims to improve its access to growth capital and reduce debt leverage. He said the company has been “loaded with extraordinary debt” and will not shy away from raising tariffs. During an investor […] Written by marketfeed Team August 30, 2021April 21, 2022
Market News Top 10 News Vodafone Idea’s Net Loss Widens to Rs 7,319 crore in Q1 – Top Indian Market News Vodafone Idea Q1 Results: Net loss at Rs 7,319 crore Vodafone Idea Ltd (Vi) reported a net loss of Rs 7319.1 crore for the quarter ended June (Q1 FY22). It had posted a net loss of Rs 7,022.8 crore in the previous quarter (Q4 FY21). The telecom operator’s revenue fell 4.7% QoQ (or 14% YoY) […] Written by marketfeed Team August 14, 2021April 21, 2022
Market News Top 10 News Tata Motors to Invest Rs 28,900 crore in JLR, Domestic Biz in FY22 – Top Indian Market News Tata Motors to invest Rs 28,900 crore in JLR, domestic business in FY22 Tata Motors has announced plans to invest Rs 28,900 crore mostly for its British arm Jaguar Land Rover (JLR) and domestic business in the current financial year (FY22). The company is also looking to raise capital separately for its electric vehicle (EV) […] Written by marketfeed Team July 31, 2021April 21, 2022
Delhivery Limited IPO: All You Need to Know The IPO frenzy within the Indian startup ecosystem resumes! Logistics and supply chain startup Delhivery has launched its three-day initial public offering (IPO). In this article, learn all about the company and its IPO. Company Profile – Delhivery Limited Delhivery Ltd is the fastest-growing fully integrated player in the logistics services market in India in […] Written by Cherian Varghese May 12, 2022May 12, 2022
How Patanjali Bought Ruchi Soya For Free Ruchi Soya Industries is a company that was technically valued at zero for a while but was soon valued at thousands of crores. The company faced extreme financial doldrums and was dragged to insolvency court by its creditors. Two companies placed bids to buy Ruchi Soya— Patanjali and Adani Wilmar. Patanjali won the bid and […] Written by Maarg Vaidya May 6, 2022May 6, 2022
Life Insurance Corporation of India (LIC) IPO: All You Need to Know The biggest initial public offering (IPO) in the history of the Indian stock market is here! Life Insurance Corporation of India has launched its IPO today— May 4. The Central Government aims to raise up to Rs 21,000 crore by divesting a 3.5% stake in the country’s largest life insurer. In this article, learn all about […] Written by Cherian Varghese May 4, 2022May 4, 2022
