Market News Top 10 News Vedanta to Split Into Six Listed Companies – Top Indian Market Updates Here are some of the major updates that could move the markets on Tuesday: Vedanta to split into six listed companies Vedanta Ltd will spin off and list six of its businesses as it seeks to fuel their growth. The demerger plan is aimed at driving better valuations as its parent company struggles to raise […] Written by Ben Benny September 29, 2023September 29, 2023
Market News Top 10 News IHC to Dispose Investment in AGEL, Adani Energy – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Abu Dhabi’s IHC to dispose investment in Adani Green Energy and Adani Transmission According to a Reuters report, Abu Dhabi’s International Holding Company (IHC) will dispose of its investment in Adani Green Energy and Adani Energy Solutions. A definitive agreement has been […] Written by Ben Benny September 28, 2023September 28, 2023
Market News Top 10 News Adani Ports to Buy Back up to Rs 1,620Cr of 2024 Bond – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Ports to buy back up to ₹1,620Cr of 2024 bond Adani Ports & Special Economic Zone (SEZ) commenced a cash tender offer for up to $195 million (~₹1,620 crore) to partly prepay its near-term debt maturities. The company started a buyback […] Written by Ben Benny September 27, 2023September 27, 2023
Market News Top 10 News Infosys, Microsoft to Drive AI-Enabled Solutions – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Infosys to partner with Microsoft to drive AI-enabled solutions Infosys Ltd will partner with Microsoft to jointly develop industry-leading solutions that leverage Infosys Topaz, Azure OpenAI Service, and Azure Cognitive Services. Both companies will bring their respective artificial intelligence (AI) capabilities to […] Written by Ben Benny September 26, 2023September 26, 2023
Market News Top 10 News NSE Plans Longer FnO Trading Hours – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NSE plans longer F&O trading hours As per an Economic Times report, the National Stock Exchange (NSE) is finalising plans to extend trading hours for equity derivatives. The exchange proposes to launch an evening session, possibly between 6 PM and 9 PM. […] Written by Ben Benny September 25, 2023September 26, 2023
Market News Top 10 News JPMorgan to Add India to Emerging-Markets Bond Index – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: JPMorgan to add India to its emerging-markets bond index in June 2024 According to a Bloomberg report, JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index. This event could drive $25-30 billion of foreign inflows to […] Written by Ben Benny September 22, 2023September 22, 2023
Market News Top 10 News Vedanta Approves NCD Issue Worth Rs2,500Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vedanta approves issue of NCDs worth ₹2,500Cr Vedanta’s board has approved raising to ₹2,500 crore through the issue of secured, unrated, unlisted, redeemable non-convertible debentures (NCDs). The company will issue 2.5 lakh NCDs with a face value of ₹1 lakh each. The […] Written by Ben Benny September 21, 2023September 21, 2023
Market News Top 10 News Adani Green & TotalEnergy to Form Rs 2,500Cr JV – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Green and TotalEnergy to form Rs 2,490Cr JV Adani Green Energy’s board approved the execution of a binding term sheet between Adani Green Energy Twenty Three Ltd and TotalEnergies. Total will make a further investment of $300 million (~₹2,490 crore) to […] Written by Ben Benny September 20, 2023September 20, 2023
Market News Top 10 News Tata Motors to Hike CV Prices by 3% in Oct – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Tata Motors to hike commercial vehicles prices by 3% in Oct Tata Motors will raise the prices of its commercial vehicles (CVs) by up to 3%, its third hike in 2023, to offset the residual impact of past input costs. The price […] Written by Ben Benny September 18, 2023September 18, 2023
Market News Top 10 News Indian Oil Becomes Title Sponsor of MotoGP Bharat – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Indian Oil becomes title sponsor of MotoGP Bharat Indian Oil Corporation has become the title sponsor for MotoGP Bharat. The event is scheduled at the Buddh International Circuit in Greater Noida from September 22 to 24. The event will see participation […] Written by Ben Benny September 15, 2023September 15, 2023
Market News Top 10 News WPI Inflation Rises to -0.52% in August – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: WPI inflation rises to -0.52% in August India’s wholesale inflation remained in the negative territory for the fifth month in a row in August. The wholesale price index (WPI)-based inflation increased slightly to -0.52% in August, compared to -1.36% in July. This […] Written by Cherian Varghese September 14, 2023September 14, 2023
Market News Top 10 News Cabinet Clears Advent’s Acquisition of Suven Pharma – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Cabinet clears Advent’s acquisition of Suven Pharma The Cabinet Committee on Economic Affairs has approved the foreign direct investment (FDI) proposal of up to ₹9,589 crore in Suven Pharmaceuticals Ltd by private equity firm Advent International through its Cyprus-based Berhyanda Ltd. In […] Written by Ben Benny September 13, 2023September 13, 2023
