Market News Top 10 News Govt to Sell Up to 3.5% Stake in HAL – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Govt to sell up to 3.5% stake in Hindustan Aeronautics The Indian government is planning to sell up to 3.5% stake in Hindustan Aeronautics Ltd (HAL). The stake sale would be valued at ₹28.6 lakh crore, based on a floor price of […] Written by Cherian Varghese March 22, 2023March 22, 2023
Market News Top 10 News L&T Wins Major Contracts For its Hydrocarbon Biz – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: L&T wins major contracts for its hydrocarbon business Larsen & Toubro Ltd’s hydrocarbon business (LTEH) has secured multiple offshore orders (in the range of ₹5,000-7,000 crore) from an overseas client. The scope of work comprises engineering, procurement, construction and installation of offshore […] Written by Cherian Varghese March 21, 2023March 21, 2023
Market News Top 10 News M&M to Fully Acquire Agri-Tech Firm MITRA – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: M&M buys out VC firm Omnivore’s stake to acquire agri-tech firm MITRA Mahindra & Mahindra (M&M) has acquired agro-equipment maker MITRA Agro Equipments after buying out venture capital firm Omnivore’s stake in the company. The move comes in line with M&M’s strategy […] Written by Cherian Varghese March 20, 2023March 21, 2023
Market News Top 10 News NCLT Approves HDFC-HDFC Bank Merger – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: HDFC-HDFC Bank merger gets NCLT approval The National Company Law Tribunal (NCLT) has given its approval to the HDFC-HDFC Bank merger. In April 2022, HDFC Bank agreed to take over the biggest domestic mortgage lender in a deal valued at about […] Written by Ben Benny March 17, 2023March 17, 2023
Market News Top 10 News NTPC Commissions Green Coal Plant in Varanasi – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NTPC commissions green coal plant in Varanasi NTPC Ltd has commissioned a first-of-its-kind commercial green coal project in Varanasi, which will make torrefied charcoal from municipal waste. The total capacity of this plant after installation of all three modules shall be 600 […] Written by Cherian Varghese March 16, 2023March 16, 2023
Market News Top 10 News Vedanta Repays $100M to Standard Chartered Bank – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vedanta repays $100 million to Standard Chartered Bank Vedanta Ltd said it has repaid $100 million (~Rs 828 crore) to Standard Chartered Bank via release of encumbrance on March 10, 2023. Earlier, Vedanta Resources said it has enough means to meet debt […] Written by Cherian Varghese March 15, 2023March 15, 2023
Market News Top 10 News WPI Falls to Over Two-Year Low of 3.85% in Feb – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wholesale inflation falls to over two-year low of 3.85% in Feb India’s Wholesale Price Index (WPI)-based inflation fell to a 25-month low of 3.85% in February 2023. WPI stood at 4.73% in Jan. The government has attributed the decline in inflation rate […] Written by Cherian Varghese March 14, 2023March 14, 2023
Market News Top 10 News Godrej Properties Acquires 28-acre Land Parcel in Bengaluru – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Godrej Properties acquires 28-acre land parcel in Bengaluru Godrej Properties has acquired a land parcel spread over 28 acres in Bengaluru to develop a mixed-use project consisting of apartments and retail development. The land acquisition is in line with the company’s plan […] Written by Cherian Varghese March 13, 2023March 14, 2023
Market News Top 10 News Tata Technologies Files IPO Papers With SEBI – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Tata Technologies files IPO papers with SEBI Tata Technologies Ltd has filed a Draft Red Herring Prospectus (DRHP) with market regulator SEBI to launch an initial public offering (IPO). The IPO is purely an offer for sale by the promoter Tata […] Written by Cherian Varghese March 10, 2023March 10, 2023
Market News Top 10 News Jio Platforms to Acquire Mimosa Networks – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Jio Platforms to acquire Mimosa Networks for $60mn Jio Platforms (a subsidiary of Reliance Industries) will buy US-based communications equipment maker Mimosa Networks for $60 million to strengthen its 5G and broadband services. Mimosa’s portfolio includes point-to-point and point-to-multi-point products based on […] Written by Cherian Varghese March 9, 2023March 9, 2023
Daily Market Feed Market News Adani Repays Rs 4,000Cr Bridge Loan – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group repays $500 million bridge loan The Adani Group has repaid a $500 million bridge loan due on March 9, a portion of the loan from global banks amounting $4.5 billion, to finance the purchase of Holcim Ltd’s cement assets last […] Written by Cherian Varghese March 8, 2023March 8, 2023
Market News Top 10 News Adani Group Pre-Pays Over Rs 7,350cr Worth Share-backed Financing – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group pre-pays over Rs 7,350cr worth share-backed financing Adani Group said it prepaid share-backed financing of ₹7,378 Crores ($901.16 mn) as part of its promoters’ commitment to cut overall leverage backed by shares of its listed companies. The group has been […] Written by Ben Benny March 7, 2023March 7, 2023
KFin Technologies Ltd IPO: All You Need to Know Bengaluru-based KFin Technologies Ltd has launched its initial public offering (IPO) today— Dec 19. The firm was incorporated just five years ago! In this article, we’ll look into the company and its IPO. Company Profile – KFin Technologies Ltd Established in 2017, KFin Technologies Ltd (KTL) is a technology-driven financial services platform. It offers comprehensive […] Written by Cherian Varghese December 19, 2022December 19, 2022
Landmark Cars Ltd IPO: All You Need to Know The second IPO of the week is here! Premium car dealer Landmark Cars has launched its initial public offering (IPO) today— Dec 13. In this article, we analyse the company and its IPO. Company Profile – Landmark Cars Established in 1998, Landmark Cars Ltd (LCL) is a leading premium automotive retail business in India. It […] Written by Cherian Varghese December 13, 2022December 13, 2022
Sula Vineyards Ltd IPO: All You Need to Know Here’s a special IPO for all you wine lovers out there! Popular winemaker Sula Vineyards Ltd has launched its initial public offering (IPO) today— Dec 12. In this article, we’ll dive into the company and its IPO. Company Profile – Sula Vineyards Ltd Sula Vineyards Ltd (SVL) is India’s largest wine producer and seller as […] Written by Cherian Varghese December 12, 2022December 13, 2022
