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 Cherian Varghese October 22, 2021October 22, 2021
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 Cherian Varghese July 28, 2021July 28, 2021
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 Cherian Varghese July 23, 2021July 24, 2021
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 Cherian Varghese April 30, 2021April 30, 2021
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 Cherian Varghese March 5, 2021March 5, 2021
Market News Top 10 News Reliance Industries’ Net Profit Rises 12% YoY to Rs 13,101 crore – Top Indian Market News Reliance Industries Q3 Results: Net profit rises 12% YoY to Rs 13,101 crore Reliance Industries Ltd (RIL) reported a 12.5% YoY increase in consolidated net profit to Rs 13,101 crore for the quarter ended December (Q3). The company had posted a net profit of Rs 11,640 crore during the corresponding period in FY20. RIL’s consolidated […] Written by Cherian Varghese January 22, 2021January 22, 2021
Market News Top 10 News AstraZeneca-Oxford Covid Vaccine Cleared By UK – Top Indian Market News AstraZeneca-Oxford Covid Vaccine Cleared By UK, Fights Mutant Virus The UK Government has approved the new COVID-19 vaccine developed by AstraZeneca and Oxford University as it is proved to fight the new mutated version of the virus found in UK. The vaccine has been approved for emergency supply and the UK Government has already ordered […] Written by Maarg Vaidya December 30, 2020December 31, 2020
Market News Top 10 News USA, Mexico Authorizes Emergency Use of Pfizer Vaccine – Top Market News USA, Mexico authorizes emergency use of Pfizer vaccine The US Food and Drug Administration (USFDA) and Mexico’s drug regulator- Cofepris have authorized the Covid-19 vaccine developed by Pfizer-BioNTech for emergency use in their respective countries. So far, the Pfizer-BioNTech vaccine has been approved for emergency use in a total of five countries- the United Kingdom, […] Written by Cherian Varghese December 12, 2020December 12, 2020
Trending Yes Bank and 4 more stocks to be converted from Mid Cap to Large Cap By 5th Jan 2021, AMFI (Association of Mutual Funds in India) is expected to release a fresh list for categorization of stocks into large caps, midcaps, and small caps. Large-cap refers to a company with a market capitalization of more than Rs 20,000 crores. Mid-cap is denoted to companies with a market capitalization between Rs […] Written by Ajay Ajith December 7, 2020December 7, 2020
Market News Top 10 News India’s Services PMI Expands for Second Month in a Row – Top Indian Market News India’s services PMI expands for second month in a row The services activity in India expanded for the second consecutive month in November, with a further improvement in new work supporting business activity growth. The country’s employment rate has also shown its first rise in 9 months. The IHS Markit Purchasing Managers’ Index (PMI) for […] Written by Cherian Varghese December 3, 2020December 3, 2020
Market News Top 10 News The government invokes stock limit on onions – Top Market News Government invokes stock limit on onions to check prices The centre has imposed a stock limit on the amount of onion which a trader can hold, to check the rise in price of onion. Onion prices are skyrocketing because of the damage caused to Kharif Crops by heavy rains in many parts of the country. […] Written by Maarg Vaidya October 23, 2020October 24, 2020
Market News Yes Bank FPO closes with 95% subscription What is an FPO? Before talking about Yes Bank’s FPO, writing about what exactly an FPO is very important. FPO is an abbreviated form of Follow-On Public Offer. When an entity which is already a public listed company, decides to offer more shares to the general public, it is called an FPO. It is different […] Written by Sanidhya Bhardwaj July 18, 2020July 18, 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
