Market News Top 10 News HDFC Bank Hikes Lending Rates by 35bps – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HDFC Bank hikes lending rates by 0.35% HDFC Bank has raised its lending rate by 35 basis points (bps) across the board to over 7.5%. This will increase the interest rates on all personal loans by the banks that are dependent on […] Written by Cherian Varghese June 7, 2022June 8, 2022
Market News Top 10 News Infosys Reports 12% YoY Rise in Net Profit in Q4 – Top Indian Market News Infosys Q4 Results: Net profit rises 12% YoY to Rs 5,686 crore Infosys Ltd reported a 12% YoY rise in consolidated net profit to Rs 5,686 crore for the quarter ended March (Q4 FY22). Net profit fell 2.12% when compared to the previous quarter. Its revenue from operations rose 23% YoY (or 1.28% QoQ) to […] Written by marketfeed Team April 13, 2022April 21, 2022
Market News Top 10 News JSW Steel’s Crude Steel Production Rises 29% YoY in Q2 – Top Indian Market News JSW Steel reports 29% YoY rise in crude steel production in Q2 JSW Steel Ltd reported a 29% YoY increase in crude steel production at 5.07 million tonnes (MT) for the quarter ended Sept (Q2 FY22). The capacity utilisation at the standalone level was at 91% during the quarter. For the six months ending September […] Written by marketfeed Team October 11, 2021April 21, 2022
Market News Top 10 News Adani Ports Gets Approval to Acquire 10.4% Stake in Gangavaram Port – Top Indian Market News Adani Ports gets approval to acquire 10.4% stake in Gangavaram Port Adani Ports and Special Economic Zone Ltd (APSEZ) has received approval from the Andhra Pradesh government to acquire a 10.4% stake in Gangavaram Port. The consideration to be paid for the acquisition is Rs 644.78 crore. The transaction is expected to be completed within […] Written by marketfeed Team August 25, 2021April 21, 2022
Market News Top 10 News HDFC Bank Reports 18% YoY Rise in Net Profit in Q4 – Top Indian Market News HDFC Bank Q4 Results: Net profit rises 18% YoY to Rs 8,186 crore HDFC Bank reported an 18.2% year-on-year (YoY) rise in standalone net profit to Rs 8,186.5 crore for the quarter ended March (Q4). On a quarterly basis, net profit has declined 6.5%. Net interest income (NII) increased by 12.6% YoY to Rs 17,120 […] Written by marketfeed Team April 17, 2021April 21, 2022
Market News Top 10 News SC Rules in Favour of Tata Group, Sets Aside NCLAT Order – Top Indian Market News Supreme Court upholds Tata Sons’ decision to sack Cyrus Mistry as chairman The Supreme Court (SC) on Friday upheld the Tata Group’s decision to sack Cyrus Mistry as chairman of the group. A three-judge bench of SC, led by CJI Justice S A Bobde, set aside the National Company Law Appellate Tribunal (NCLAT) order that […] Written by marketfeed Team March 26, 2021April 21, 2022
Market News Top 10 News Barbeque Nation IPO Subscribed 1.33 Times on Day 1 – Top Indian Market News Barbeque Nation IPO subscribed 1.33 times on first day of bidding The Rs 452.87-crore initial public offering (IPO) of Barbeque Nation Hospitality Limited was subscribed 1.33 times on the first day of bidding. The IPO has received bids for 66.46 lakh equity shares against an offer size of 49.99 lakh shares. The portion reserved for […] Written by marketfeed Team March 24, 2021April 21, 2022
Market News Top 10 News Prestige Estates Sells Assets Worth Rs 7,467 crore to Blackstone Group – Top Indian Market News Prestige Estates sells assets worth Rs 7,467 crore to Blackstone Group Prestige Estate Properties Ltd has sold assets worth Rs 7,467 crore to investment firm Blackstone Group as part of the first phase of a Rs 9,160 crore deal. Phase-1 of the transaction included the sale of 12 assets comprising of completed retail, office, and […] Written by marketfeed Team March 11, 2021April 21, 2022
Market News Top 10 News Adani Ports to Develop West Container Terminal at Colombo Port – Top Indian Market News Adani Ports to develop West Container Terminal at Colombo Port Adani Ports and Special Economic Zone Ltd (APSEZ) will develop the West Container Terminal (WCT) at Colombo Port. The Sri Lankan cabinet, on Tuesday, approved the plan through a tripartite understanding with India and Japan. WCT will have a 1,400-metre quay wall, terminal area of […] Written by marketfeed Team March 2, 2021April 21, 2022
Editorial The Real Estate Boom in India. Who Will Benefit? With the removal of lockdown restrictions, the real estate sector has been witnessing a strong sales growth. Developers feel that India's present economic conditions are highly favourable for them. In this article, find out what the 'real estate cycle' is all about. Also, read more about the listed companies that could beneift in the current scenario. Written by marketfeed Team January 28, 2021April 21, 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
What’s Happening at Yes Bank? Scandal-ridden Yes Bank has been all over the news lately. It has initiated the process to form a new Board of Directors. The private sector bank seeks to exit from the reconstruction scheme devised for its rescue in 2020. It has reported a positive momentum in overall business and even claimed to regain the trust […] Written by Cherian Varghese June 14, 2022June 14, 2022
