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 Cherian Varghese September 23, 2021September 23, 2021
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 Cherian Varghese August 3, 2021August 3, 2021
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 Sanidhya Bhardwaj June 26, 2021June 30, 2021
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 Cherian Varghese May 13, 2021May 14, 2021
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 Cherian Varghese April 17, 2021April 17, 2021
Market News Top 10 News Reliance Jio Launches ‘JioBusiness’ to Digitally Transform MSMEs – Top Indian Market News Reliance Jio launches ‘JioBusiness’ to digitally transform MSMEs Reliance Jio has launched an integrated technology solution- JioBusiness to transform around 5 crore micro, small, and medium enterprises (MSMEs) in India. The company will provide enterprise-grade fiber connectivity that offers voice and data services. It will also provide digital solutions that help enterprises manage and grow […] Written by Cherian Varghese March 9, 2021March 9, 2021
Editorial Reliance Q3 Results: A Quick & Easy Analysis Reliance came out with their results for the quarter ending December. Let's dig deeper and analyze it. Written by Sanidhya Bhardwaj January 26, 2021January 26, 2021
Editorial Reliance vs Farmers’ Protests Over the past few weeks, 1,500 telecom towers of Reliance Jio have been vandalised by farmers protesting against the new farm laws. This has led to telecom companies blaming each other and court cases being filed. In this article, find out why Reliance is facing the heat from the ongoing farmers protests. Written by Cherian Varghese January 6, 2021January 6, 2021
Market News Top 10 News Bharat Biotech’s Covaxin Gets Approval for Emergency Use – Top Indian Market News Bharat Biotech’s Covaxin gets approval for restricted emergency use: Report The Subject Expert Committee of the Central Drugs Standard Control Organisation (CDSCO) on Saturday gave its approval for the restricted emergency use of Covaxin in India. Covaxin is jointly developed by Bharat Biotech and the Indian Council of Medical Research (ICMR). This is the second […] Written by Cherian Varghese January 2, 2021January 2, 2021
Market News Top 10 News Reliance Jio Makes All Domestic Voice Calls Free From Jan. 1 – Top Indian Market News Reliance Jio to make domestic voice calls free from Jan 1 Reliance Jio announced that all off-net domestic voice calls from its network to other networks anywhere in India will be free from January 1, 2021. This has been done because interconnect usage charges (IUCs) for all domestic voice calls are coming to an end […] Written by Cherian Varghese December 31, 2020December 31, 2020
Market News Top 10 News Protesting Farmers Damage 1,400 Jio Towers in Punjab – Top Indian Market News Protesting farmers damage more than 1,400 Jio towers in Punjab Farmers and support groups protesting against the Government’s new farm laws have damaged around 1,450 mobile towers of Reliance Jio in Punjab. More than 176 signal transmitting sites were vandalised in 24 hours on Sunday alone. The mobile and internet services of the company have […] Written by Cherian Varghese December 28, 2020December 28, 2020
Market News Top 10 News Cabinet Approves Rs 3,500 crore Sugar Export Subsidy – Top Indian Market News Cabinet approves Rs 3,500 crore sugar export subsidy Union Minister Prakash Javadekar announced that the Cabinet Committee on Economic Affairs (CCEA) has approved a Rs 3,500 crore subsidy for sugar farmers. The subsidy will be given on 60 lakh tonnes of sugar exports at the rate of Rs 6,000 per tonne. He stated that 5 […] Written by Cherian Varghese December 16, 2020December 16, 2020
TATA Takes Back Air India. What’s Next? On October 8, Puhin Kent Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM) announced that Tata Sons had won the bid for debt-laden Air India. The news has taken the aviation industry by storm. The airline has returned to the Tata Group after 68 years! In this editorial, we dive into […] Written by Anand P M October 11, 2021October 11, 2021
Analysing a $13 Billion Business Empire: JSW Group Since its inception around 39 years ago, the JSW Group has become one of the most respectable and fastest-growing conglomerates in the world. The $13 billion (~Rs 97.250 crore) business empire operates one of the leading steel companies in India. It even owns some of our favourite sports teams. In today’s article, learn more about […] Written by Cherian Varghese October 8, 2021October 8, 2021
OYO Rooms Files For IPO: Pre-IPO Review Oravel Stays Limited, popularly known as OYO Rooms, has filed its Draft Red Herring Prospectus (DHRP) with the Securities and Exchange Board of India (SEBI). The papers filed by OYO are not final and give only insight into its intention, business model, and the challenges it faces before the IPO. The loss-making company with a […] Written by Maarg Vaidya October 7, 2021October 7, 2021
