Market News Top 10 News MRF Reports 12-fold Jump in Net Profit in Q1 – Top Indian Market News MRF Q1 Results: Net profit rises 12-fold YoY to Rs 166 crore MRF Limited reported a 1,130% YoY jump in consolidated net profit to Rs 165.58 crore for the quarter ended June (Q1 FY22). However, net profit has declined by 50.15% when compared to the previous quarter. Its revenue from operations rose 70% YoY to […] Written by marketfeed Team August 9, 2021April 21, 2022
Market News Top 10 News Tata Motors to Deliver 15 Hydrogen-Powered Buses to IOC – Top Indian Market News Tata Motors to deliver 15 hydrogen-powered buses to Indian Oil Corp Tata Motors has secured an order for 15 hydrogen-based proton exchange membrane (PEM) fuel cell buses from Indian Oil Corporation Limited (IOCL). All 15 buses will be delivered within 144 weeks from the date of signing of the Memorandum of Understanding (MoU). The automaker […] Written by marketfeed Team June 30, 2021April 21, 2022
Market News Top 10 News JK Cement Posts 74% YoY Jump in Profits to Rs 217 crore – Top Indian Market News JK Cement Q3 Results: Net profit rises 74% YoY to Rs 217 crore JK Cement Ltd reported a 74.82% YoY increase in consolidated net profit to Rs 217.28 crore for the quarter ended December (Q3). Its revenue from operations rose 24.52% YoY to Rs 1,832.71 crore during the same period. JK Cement’s board has approved […] Written by marketfeed Team February 6, 2021April 21, 2022
Market News Top 10 News Covid-19 Expert Panel Recommends SII’s Covishield for Emergency Use – Top Indian Market News Covid-19 expert panel recommends SII’s Covishield for emergency use The Subject Expert Committee (SEC) on Covid-19 of the Central Drugs Standard Control Organisation (CDSCO) has recommended granting emergency use authorisation (EUA) for ‘Covishield’, a Covid-19 vaccine developed by Oxford University and AstraZeneca. The Pune-based Serum Institute of India (SII) has tied up with AstraZeneca to […] Written by marketfeed Team January 1, 2021April 21, 2022
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 marketfeed Team December 30, 2020April 21, 2022
Market News Top 10 News Govt Successfully Divests 20% Stake in IRCTC – Top Indian Market News Govt successfully divests 20% stake in IRCTC The Government has successfully divested its 20% stake in the Indian Railway Catering and Tourism Corporation (IRCTC), through an offer for sale (OFS). The Centre had set the floor price of the OFS at Rs 1,367. The IRCTC stated that the retail portion of the OFS saw a […] Written by marketfeed Team December 11, 2020April 21, 2022
Market News Top 10 News Top Global News Disney Cuts 32,000 Jobs this year – Top 10 Global News 1. Stock Rally Pauses as European Cyclicals Retreat European stocks dipped and U.S. futures were mixed as sobering economic data deflated a spirited rally in global risk assets. Bitcoin tumbled 8%. Cyclical companies including banks and energy firms that had led the post-vaccine surge retreated while more defensive tech shares gained. That was mirrored by […] Written by marketfeed Team November 26, 2020April 21, 2022
Market News Top 10 News Top Global News China to take Oil-Refining Crown from U.S. – Top 10 Global News 1. U.S. Futures Rise on Vaccine Hopes U.S. equity futures rose and the dollar weakened on signs of progress toward a Covid-19 vaccine, with AstraZeneca saying its shot prevented illnesses in most people. Pfizer Inc. and Moderna Inc. climbed in pre-market trading after a U.S. government official said immunizations may start soon. Vaccine successes lately […] Written by marketfeed Team November 23, 2020April 21, 2022
Market News Top 10 News Tata Steel’s Net Profit Falls 60% YoY – Top Indian Market News Tata Steel Q2 Results: Net Profit falls 60% YoY to Rs 1,635 crore Tata Steel Ltd. reported a 60% year-on-year (YoY) decline in consolidated net profit to Rs 1,635 crore, for the quarter ended September (Q2). The company’s revenue increased by 7% YoY to Rs 37,154 crore, during the same period. Tata Steel has stated […] Written by marketfeed Team November 13, 2020April 21, 2022
