Market News Top 10 News India’s Coal Output Rises 29% in April – Top Indian Market News India’s coal output rises 29% in April India’s coal output rose 29% YoY to 66.58 million tonnes (MT) in April. Dispatch of coal to power utilities grew 18.15% YoY to 61.81 MT last month. The Ministry of Coal has been observing a decline in the prices of imported coal since the end of October 2021. […] Written by marketfeed Team May 10, 2022May 10, 2022
Market News Top 10 News Maruti Suzuki Reports 58% YoY Rise in Q4 Net Profit – Top Indian Market News Maruti Suzuki Q4 Results: Net profit rises 58% YoY to Rs 1,839 crore Maruti Suzuki India Ltd (MSIL) reported a 58% YoY increase in net profit to Rs 1,839 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 11% YoY to Rs 25,514 crore during the same period. The automaker sold […] Written by Cherian Varghese April 29, 2022April 29, 2022
Market News Top 10 News Hero MotoCorp, BPCL to Set Up EV Charging Infra – Top Indian Market News Hero MotoCorp partners with BPCL to set up EV charging infra across India Hero MotoCorp has partnered with Bharat Petroleum Corp Ltd (BPCL) to set up charging infrastructure for electric two-wheelers across India. The two entities will first establish a substantial charging infrastructure within the existing nationwide energy station network. They may broaden the collaboration […] Written by marketfeed Team February 22, 2022April 21, 2022
Market News Top 10 News GAIL to Connect Srinagar to Gas Grid – Top Indian Market News GAIL to connect Srinagar to gas grid; Mumbai-Nagpur line by May 2023 GAIL India Ltd has announced plans to lay a pipeline to Srinagar to take natural gas to the Kashmir Valley. The company is doubling down on efforts to expand infrastructure to support the government’s vision of a gas-based economy. By May 2023, GAIL […] Written by marketfeed Team February 16, 2022April 21, 2022
Market News Top 10 News TCS Reports 12% YoY Rise in Net Profit in Q3 – Top Indian Market News TCS Q3 Results: Net profit rises 12% YoY to Rs 9,769 crore Tata Consultancy Services (TCS) reported a 12.3% YoY increase in consolidated net profit to Rs 9,769 crore for the quarter ended December (Q3 FY22). Net profit increased 2% when compared to the previous quarter. Its revenue from operations rose 16.3% YoY to Rs […] Written by marketfeed Team January 12, 2022April 21, 2022
Market News Top 10 News IEX Reports 75% YoY Rise in Net Profit in Q2 – Top Indian Market News IEX Q2 Results: Net profit rises 75% YoY to Rs 77 crore Indian Energy Exchange (IEX) reported a 75% YoY increase in consolidated net profit to Rs 77 crore for the quarter ended September (Q2 FY22). Net profit increased by 25% compared to the previous quarter. Its revenue from operations rose 56% YoY (or 21% […] Written by marketfeed Team October 21, 2021April 21, 2022
Market News Top 10 News Infosys Reports 11.8% YoY Rise in Net Profit in Q2 – Top Indian Market News Infosys Q2 Results: Net profit rises 11.8% YoY to Rs 5,421 crore Infosys Ltd reported an 11.8% YoY increase in consolidated net profit to Rs 5,421 crore for the quarter ended Sept (Q2 FY22). Net profit rose 4.35% when compared to the previous quarter. Its revenue from operations rose 20.5% YoY (or 6.1% QoQ) to […] Written by marketfeed Team October 13, 2021April 21, 2022
Market News Top 10 News TCS to Invest Rs 690 crore to Set Up Innovation Park in Kochi – Top Indian Market News TCS to invest Rs 690 crore to set up Innovation Park in Kochi Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi. The Kerala state government has allocated 36.84 acres of land to TCS for setting up a unit for Electronics Hardware & IT/ITES in […] Written by marketfeed Team September 18, 2021April 21, 2022
Market News Top 10 News TCS to Drive Digital Transformation of NXP Semiconductors – Top Indian Market News TCS to drive digital transformation of NXP Semiconductors Dutch chipmaker NXP Semiconductors NV has selected Tata Consultancy Services (TCS) to help accelerate its digital transformation. As part of the deal, TCS will drive NXP’s integrated IT strategy across apps, IT infrastructure, and workplace services. TCS will also accelerate NXP’s cloud adoption to enhance business agility […] Written by marketfeed Team September 13, 2021April 21, 2022
Market News Top 10 News India Lifts Ban on Boeing 737 MAX – Top Indian Market News India lifts ban on Boeing 737 MAX aircraft The Directorate General of Civil Aviation (DGCA) has allowed Boeing 737 MAX aircraft to fly in Indian airspace again— after carrying out necessary safety modifications. The air safety regulator had banned Boeing 737 MAX operations in India in March 2019 after two fatal accidents. Meanwhile, SpiceJet expects […] Written by marketfeed Team August 26, 2021April 21, 2022
Market News Top 10 News India’s GDP Likely to Grow at 18.5% in Q1, says SBI Report – Top Indian Market News India’s GDP likely to grow at 18.5% in April-June quarter: SBI Report India’s gross domestic product (GDP) is expected to grow at 18.5% in the April-June quarter (Q1 FY22) due to a low base effect, said SBI in its Ecowrap research report. However, this projection is lower than the 21.4% growth projected by the Reserve […] Written by marketfeed Team August 24, 2021April 21, 2022
Editorial IT Sector Q1 Result Preview: Performance To Peak in FY21? The pharma industry has clearly managed to break the glass ceiling throughout the COVID-19 pandemic in terms of revenue generation, profitability, and investor returns. Yet, there is another sector that was less impacted during the COVID-19 period. The IT Services and Software Industry. A close look at the results of big names like TCS, Infosys, […] Written by marketfeed Team August 6, 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
