Market News Top 10 News Yes Bank Plans Growth Roadmap After $1B Capital Raising – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Yes Bank plans growth roadmap after $1 billion capital raising Yes Bank is aiming to expand its loan book by 15% in FY23 and acquire smaller rivals to revive its business, said CEO Prashant Kumar. The bank’s expansion plan comes after it […] Written by Cherian Varghese August 4, 2022August 4, 2022
Market News Top 10 News HDFC Posts 22% YoY Rise in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HDFC Q1 Results: Net profit rises 22% YoY to Rs 3,669 crore Housing Development Finance Corporation (HDFC) reported a 22% YoY increase in net profit to Rs 3,669 crore for the quarter ended June (Q1 FY23). Its net interest income (NII) rose […] Written by Cherian Varghese July 29, 2022July 29, 2022
Market News Top 10 News HDFC Bank to Move Payments Out of Core Banking – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HDFC Bank to move payments out of core banking to ensure minimal downtime HDFC Bank will soon move its payments platform out of its core banking module to enable minimal payments downtime, even if core banking is not available. The private lender […] Written by Cherian Varghese June 21, 2022June 21, 2022
Editorial 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
Market News Top 10 News RBI Raises Repo Rate to 4.9% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI raises repo rate to 4.9% The Reserve Bank of India (RBI) has raised its key repo rate by 50 basis points (bps) to 4.90% to curb the rising inflation in our country. It is the second hike by the RBI in […] Written by Cherian Varghese June 8, 2022June 8, 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 India’s GDP Expands 8.4% in Q2 – Top Indian Market India’s GDP expands by 8.4% in July-Sept quarter India’s gross domestic product (GDP) grew 8.4% in the July-September quarter of the current financial year (Q2 FY22). The GDP had contracted by 7.4% in the corresponding quarter last year. GDP at Constant (2011-12) Prices is estimated at Rs 35.73 lakh crore in Q2 FY22, compared to […] Written by marketfeed Team November 30, 2021April 21, 2022
Market News Top 10 News RIL Reports 43% YoY Rise in Net Profit in Q2 – Top Indian Market News Reliance Industries Q2 Results: Net profit rises 43% YoY to Rs 13,680 crore Reliance Industries Ltd (RIL) reported a 43% YoY increase in net profit to Rs 13,680 crore for the quarter ended September (Q2 FY22). Net profit increased by 11% compared to the previous quarter. Its revenue from operations rose 49% YoY (or 21% […] Written by marketfeed Team October 22, 2021April 21, 2022
Market News Top 10 News Maruti Suzuki Reports 62% QoQ Fall in Net Profit in Q1 – Top Indian Market News Maruti Suzuki Q1 Results: Net profit at Rs 441 crore Maruti Suzuki India Ltd reported a standalone net profit of Rs 440.8 crore for the quarter ended June (Q1 FY22). Net profit has declined by 62% when compared to the previous quarter. It had posted a net loss of Rs 249 crore in the corresponding […] Written by marketfeed Team July 28, 2021April 21, 2022
Market News Top 10 News RIL Reports 7% Fall in Net Profit in Q1 – Top Indian Market News Reliance Industries Q1 Results: Net profit falls 7% YoY to Rs 12,273 crore Reliance Industries Ltd (RIL) reported a 7.3% YoY decline in consolidated net profit to Rs 12,273 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 7% when compared to the previous quarter. Its revenue from operations rose 58.2% […] Written by marketfeed Team July 23, 2021April 21, 2022
Market News Top 10 News RIL Reports 108% YoY Jump in Net Profit in Q4 – Top Indian Market News Reliance Industries Q4 Results: Net profit at Rs 13,227 crore Reliance Industries Limited (RIL) reported a 108% YoY increase in consolidated net profit at Rs 13,227 crore for the quarter ended March (Q4). On a quarterly basis, net profit has grown 1%. The consolidated revenue from operations rose 11% YoY to Rs 1,54,896 crore during […] Written by marketfeed Team April 30, 2021April 21, 2022
Market News Top 10 News MTAR Technologies IPO Subscribed 200.8 Times on Final Day of Bidding – Top Indian Market News MTAR Technologies IPO subscribed 200.8 times on final day of bidding The Rs 596.41-crore initial public offering (IPO) of MTAR Technologies was subscribed 200.79 times on the second day of bidding. The issue received bids for 145.79 crore equity shares against an offer size of 72.60 lakh shares. The portion reserved for retail investors was […] Written by marketfeed Team March 5, 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
