Market News Top 10 News Adani Wilmar Slashes Edible Oil Prices – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Wilmar cuts edible oil prices by Rs 30 per litre Adani Wilmar Ltd has announced a reduction in cooking oil prices by up to Rs 30 per litre amidst a fall in global prices. The price of Adani Wilmar’s Fortune soyabean […] Written by Cherian Varghese July 18, 2022July 18, 2022
Market News Top 10 News Mukesh Ambani Resigns as Director of Reliance Jio – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Mukesh Ambani resigns as director of Reliance Jio Mukesh Ambani has resigned from the board of his group’s telecom arm, Reliance Jio Infocomm Ltd. He has handed over the reins of the company to his elder son Akash. In a stock exchange […] Written by Cherian Varghese June 28, 2022June 28, 2022
Market News Top 10 News SpiceJet Settles Dispute With Credit Suisse – Top Indian Market News SpiceJet settles dispute with Credit Suisse SpiceJet Ltd has signed and concluded the settlement, consent term with Credit Suisse in a pending dispute. The settlement involves payment of a certain amount upfront and the balance amount over a mutually agreed timeline. The airline had already provided a bank guarantee of $5 million under the direction […] Written by marketfeed Team May 25, 2022May 25, 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 Tata Motors to Hike Prices of CVs by 2.5% From Jan – Top Indian Market News Tata Motors to hike prices of CVs by 2.5% from Jan 2022 Tata Motors Ltd will hike the prices of its commercial vehicles (CV) by ~2.5% from January 1, 2022. The price increment will be effective across the following segments: medium & heavy commercial vehicles (M&HCV), light commercial vehicles (LCV), small CVs, and buses. The […] Written by marketfeed Team December 6, 2021April 21, 2022
Market News Top 10 News Bharti Airtel Hikes Prepaid Tariffs by up to 25% – Top Indian Market News Bharti Airtel hikes prepaid tariffs by up to 25% Telecom operator Bharti Airtel Ltd will raise prepaid tariff rates by up to 25% with effect from November 26. In a notification to the exchanges, the company said that the decision was taken “to provide a reasonable return on capital for a financially healthy business model.” […] Written by marketfeed Team November 22, 2021April 21, 2022
Editorial Reliance Q2 Results: A Quick & Easy Analysis India’s largest company by market capitalization, Reliance Industries Ltd (RIL), has declared its second-quarter results for FY22. The conglomerate reported total revenue from operations of Rs 1,74,104 crore, an increase of 50% year-on-year (YoY). RIL’s net profit increased by a massive 43% YoY (or 11% QoQ) to Rs 13,680 crore. The figures have beaten all […] Written by marketfeed Team October 24, 2021April 21, 2022
Market News Top 10 News Jio Adds 65 lakh Subscribers, Vi Loses 14 lakh in July – Top Indian Market News Reliance Jio adds 65 lakh subscribers in July, Vodafone Idea loses 14 lakh Reliance Jio Infocomm added 65.1 lakh wireless subscribers in July 2021, taking its gross user base to 44.32 crore. Bharti Airtel gained 19.4 lakh subscribers, while Vodafone Idea (Vi) lost 14.3 lakh subscribers in July. Jio consolidated its leadership in rural India […] Written by marketfeed Team September 23, 2021April 21, 2022
Market News Top 10 News Adani Ports Reports 72% YoY Rise in Net Profit in Q1 – Top Indian Market News Adani Ports Q1 Results: Net profit rises 72% YoY to Rs 1,307 crore Adani Ports & Special Economic Zone (APSEZ) reported a 72% YoY increase in consolidated net profit to Rs 1,307 crore for the quarter ended June (Q1 FY22). Net profit has increased by 1.5% when compared to the previous quarter. Its revenue from […] Written by marketfeed Team August 3, 2021April 21, 2022
Editorial Reliance AGM: As it Happened The 44th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) was held to provide an overview of the company’s future goals. Reliance, as a company, does not need any introduction. It has to be one of the most common stocks for the Indian market participants. The AGM has always been a big event for […] Written by marketfeed Team June 26, 2021April 21, 2022
Market News Top 10 News Vedanta Reports 95% QoQ Rise in Net Profit in Q4 – Top Indian Market News Vedanta Q4 Results: Net profit rises 95% QoQ to Rs 6,432 crore Vedanta Limited reported a 95% quarter-on-quarter (QoQ) increase in net profit to Rs 6,432 crore for the quarter ended March (Q4). Its net sales rose 24% QoQ to Rs 28,206 crore during the same period. This revenue growth was aided by a rise […] Written by marketfeed Team May 13, 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
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
