Market News Top 10 News Tata Motors to Invest Rs 15,000 crore in EV Segment – Top Indian Market News Tata Motors to invest Rs 15,000 crore in EV segment in 5 years Tata Motors Ltd is planning to invest Rs 15,000 crore in the electric vehicle (EV) segment in the next five years. The automaker is planning to develop 10 more new offerings in the segment. It has raised $1 billion (~Rs 7,637 crore) […] Written by marketfeed Team March 15, 2022April 21, 2022
Market News Top 10 News CCI Suspends Amazon’s 2019 Deal With Future Group – Top Indian Market News CCI suspends Amazon’s 2019 deal with Future Group citing suppression of information The Competition Commission of India (CCI) has suspended Amazon.com, Inc’s 2019 deal with Future Group following a review of allegations that the e-commerce giant had concealed information while seeking regulatory approval. CCI has also imposed a penalty of Rs 200 crore on Amazon. […] Written by marketfeed Team December 17, 2021April 21, 2022
Market News Top 10 News SC Rules in Favour of Amazon in Case Against Future Retail – Top Indian Market News Supreme Court rules in favour of Amazon, restrains Reliance-Future Retail merger The Supreme Court has ruled in favor of Amazon.com, Inc in its dispute with Future Retail Ltd (FRL). The e-commerce giant had filed a plea against the Rs 24,713 crore deal for the merger of Future Retail with Reliance Retail. Today, the SC stated […] Written by marketfeed Team August 6, 2021April 21, 2022
Market News Top 10 News ACC Reports 74% YoY Rise in Net Profit in Q1 – Top Indian Market News ACC Q1 Results: Net profit rises 74% YoY to Rs 563 crore ACC Limited reported a 74.17% year-on-year (YoY) increase in consolidated net profit to Rs 562.69 crore for the quarter ended March (Q1 CY21). The company follows the January-December financial year cycle. Its total revenue rose 22.7% YoY to Rs 4,291.97 crore during the […] Written by marketfeed Team April 19, 2021April 21, 2022
Market News Top 10 News Infosys Reports 2.32% QoQ Decline in Net Profit in Q4 – Top Indian Market News Infosys Q4 Results: Net profit falls 2.32% QoQ to Rs 5,078 crore Infosys Limited reported a 2.32% quarter-on-quarter (QoQ) decline in net profit to Rs 5,078 crore for the quarter ended March (Q4). The IT company’s revenue rose 1.5% QoQ to Rs 26,311 crore during the same period. Infosys crossed a revenue milestone of Rs […] Written by marketfeed Team April 14, 2021April 21, 2022
Market News Top 10 News Supreme Court Halts Future Group-Reliance Deal on Amazon Plea – Top Indian Market News Supreme Court halts Future Group-Reliance deal on Amazon plea The Supreme Court on Monday asked the National Company Law Tribunal (NCLT) not to pass a final order on Future Retail’s Rs 24,713-crore asset sale to Reliance Industries Ltd. However, the apex court has allowed the NCLT to continue hearing on amalgamation proceedings between Future Retail […] Written by marketfeed Team February 22, 2021April 21, 2022
Market News Top 10 News Amazon Moves Supreme Court Against Future-Reliance Retail Deal – Top Indian Market News Amazon moves Supreme Court against Future-Reliance Retail deal Amazon.com, Inc has moved the Supreme court against the Rs 24,713 crore deal between Future Retail and Reliance Retail. Recently, a special bench of the Delhi High Court dealt a blow to the US firm by revoking a previous court decision that effectively blocked the deal. The […] Written by marketfeed Team February 11, 2021April 21, 2022
Market News Top 10 News Tata Consumer Q3 Profit Rises 29% YoY to Rs 218 crore – Top Indian Market News Tata Consumer Q3 Results: Net profit rises 29% YoY to Rs 218 crore Tata Consumer Products Ltd (TCPL) reported a 29% YoY increase in consolidated net profit to Rs 218.2 crore for the quarter ended December (Q3). Its revenue from operations rose 23% YoY to Rs 3,069.6 crore during the same period. The rise in […] Written by marketfeed Team February 2, 2021April 21, 2022
Market News Top 10 News Delhi HC Declines Future Retail’s Plea Against Amazon – Top Indian Market News Delhi HC declines Future Retail’s plea against Amazon The Delhi High Court, on Monday, declined to grant Future Retail Ltd’s (FRL) plea for an interim injunction to restrain Amazon from writing to SEBI, CCI, and other authorities about the arbitral order against its asset sale. Kishore Biyani-led FRL had approached the court to direct Amazon […] Written by marketfeed Team December 21, 2020April 21, 2022
Trending Reliance – Future Retail Deal: SEBI waits for more clarification SEBI asked for some clarification on Rs 24,713 crore rupees deal between Reliance and Future Retail, where Reliance will acquire the assets of the Future Group. In an update on November 27, SEBI said that they are waiting for a reply on the scheme of arrangement between Future Group and Reliance Group companies. Scheme of […] Written by marketfeed Team December 4, 2020April 21, 2022
Market News Top 10 News Top Global News Amazon faces price-war with Ambani in Diwali sales – Top 10 Global News 1. Europe Defensive Stocks Rise; Tech Stocks Selloff Pauses Defensive shares including health-care stocks advanced in Europe alongside U.S. futures, helping prolong a global rally in equities. Crude oil jumped for the third day. The Stoxx Europe 600 Index climbed 1% to its highest level since late February as defensives including grocery stores and real […] Written by marketfeed Team November 11, 2020April 21, 2022
