Market News Top 10 News Bharti Airtel Signs 5G Network Deals with Nokia, Samsung – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel signs 5G network deals with Ericsson, Nokia, Samsung Bharti Airtel Ltd has signed 5G network agreements with Swedish equipment maker Ericsson, Nokia, and Samsung to commence deployment of 5G networks from August. Ericsson will provide 5G connectivity in 12 circles […] Written by Cherian Varghese August 3, 2022August 3, 2022
Market News Top 10 News Godrej Properties Posts 167% YoY Jump in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Godrej Properties Q1 Results: Net profit jumps 167% YoY to Rs 46 crore Godrej Properties Ltd reported a 167.5% YoY jump in consolidated net profit to Rs 45.55 crore for the quarter ended June (Q1 FY23). Its total income rose 62.8% YoY […] Written by Cherian Varghese August 2, 2022August 2, 2022
Market News Top 10 News Tata Motors’ Net Loss Widens in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Tata Motors Q1 Results: Net loss widens to Rs 4,951 crore Tata Motors reported a consolidated net loss of Rs 4,950.97 crore for the quarter ended June (Q1 FY23). The automaker had posted a net loss of Rs 4,450.12 crore in Q1 […] Written by Cherian Varghese July 27, 2022July 27, 2022
Market News Top 10 News SpiceJet Gets Show-Cause Notice From DGCA – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: SpiceJet gets show-cause notice from DCGA for safety lapses The Directorate-General for Civil Aviation (DGCA) has issued a show-cause notice to SpiceJet Ltd for failing to establish a safe and reliable air service. An unusually high number of incidents involving SpiceJet aircraft […] Written by Cherian Varghese July 6, 2022July 6, 2022
Market News Top 10 News SpiceJet Calls for 10-15% Hike in Airfares – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: SpiceJet to hike airfares up to 15% on fuel, forex costs SpiceJet Ltd has called for a 10-15% hike in airfares to counter high fuel costs and a weak rupee. Operating costs have increased to unsustainable levels. The airline’s MD Ajay Singh […] Written by Cherian Varghese June 16, 2022June 16, 2022
Market News Top 10 News Retail Inflation at 7.04% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Retail inflation at 7.04% in May India’s retail inflation fell to 7.04% in May 2022 from an eight-year high of 7.79% in April, aided by a favourable base effect. Sequentially, price increases remained elevated with the Consumer Price Inflation (CPI) index rising […] Written by Cherian Varghese June 13, 2022June 13, 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 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 SpiceJet Settles $24 million Dispute With Credit Suisse – Top Indian Market News SpiceJet settles $24 million financial dispute with Credit Suisse SpiceJet Ltd has reached an in-principle commercial settlement with Credit Suisse AG over pending dues of $24 million. The Swiss firm had moved the Madras High Court against SpiceJet after the airline availed the services of SR Technics, Switzerland, for maintenance, repair, and overhauling of aircraft […] Written by marketfeed Team March 31, 2022April 21, 2022
Market News Top 10 News Bharti Airtel to Acquire 4.7% Stake in Indus Towers – Top Indian Market News Bharti Airtel to acquire 4.7% stake in Indus Towers from Vodafone Plc Bharti Airtel Ltd has entered into an agreement to acquire a 4.7% stake in Indus Towers Ltd from British telecom giant Vodafone Plc. The block deal would be executed through Euro Pacific Securities, a Vodafone Group entity that holds a 7.59% stake in […] Written by marketfeed Team February 25, 2022April 21, 2022
Market News Top 10 News SpiceJet Posts Net Profit of Rs 23 crore in Q3 – Top Indian Market News SpiceJet Q3 Results: Net profit at Rs 23 crore SpiceJet Ltd reported a net profit of Rs 23.28 crore for the quarter ended December (Q3 FY22). It had posted a net loss of Rs 59.96 crore in the corresponding quarter last year (Q3 FY21). Its revenue from operations rose 33.95% YoY to Rs 2,259.3 crore […] Written by marketfeed Team February 15, 2022April 21, 2022
Market News Top 10 News RIL, TA’ZIZ Forms JV for $2 billion Chemical Projects – Top Indian Market News Reliance, TA’ZIZ forms joint venture for $2 billion chemical projects in Abu Dhabi Reliance Industries Ltd (RIL) has formed a strategic joint venture (JV) with Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) for chemical projects worth $2 billion in Ruwais. The joint venture, named TA’ZIZ EDC & PVC, will construct and operate a chlor-alkali, […] Written by marketfeed Team December 7, 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
