Market News Top 10 News JSW Steel to Invest $1.2 billion to Cut Carbon Emissions – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: JSW Steel to invest $1.2 billion to cut carbon emissions JSW Steel Ltd will collaborate with Germany-based SMS Group and invest $1.26 billion (~₹10,010 crore) to cut down carbon emissions at its manufacturing plants. SMS group will provide its technology experts, design, […] Written by Cherian Varghese September 13, 2022September 13, 2022
Market News Top 10 News Services PMI Rises to 57.2 in August – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Services PMI accelerates to 57.2 in August India’s services sector saw gains in new business, ongoing improvements in demand conditions, and job creation during August. The S&P Global India Services Purchasing Managers’ Index (PMI) stood at 57.2 in August, compared to 55.5 […] Written by Cherian Varghese September 5, 2022September 5, 2022
Market News Top 10 News Zomato Discontinues Pro, Pro Plus Programs – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Zomato discontinues Pro, Pro Plus programs Food delivery platform Zomato has stopped onboarding new members and merchant partners to ‘Pro’ and ‘Pro Plus’ programs. These are members-only programs that assured food delivery on priority and exclusive discounts. After membership terms expire, active […] Written by Cherian Varghese August 22, 2022August 22, 2022
Market News Top 10 News RIL, TA’ZIZ Forms JV for $2 billion Chemical Projects – Top Indian Market News Reliance, TA’ZIZ forms joint venture for $2 billion chemical projects in Abu Dhabi Reliance Industries Ltd (RIL) has formed a strategic joint venture (JV) with Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) for chemical projects worth $2 billion in Ruwais. The joint venture, named TA’ZIZ EDC & PVC, will construct and operate a chlor-alkali, […] Written by marketfeed Team December 7, 2021April 21, 2022
Market News Top 10 News ITC to Acquire 16% Stake in D2C Brand Mother Sparsh – Top Indian Market News ITC to acquire 16% stake in D2C brand Mother Sparsh ITC Limited has announced plans to acquire a 16% stake in Mother Sparsh for Rs 20 crore through a share subscription agreement. Mother Sparsh is a direct-to-consumer (D2C) Ayurvedic and natural personal care brand that focuses on mother and baby care segments. ITC said the […] Written by marketfeed Team November 26, 2021April 21, 2022
Market News Top 10 News JSW Energy to Rejig Renewable, Thermal Businesses – Top Indian Market News JSW Energy’s board approves rejig of renewable, thermal businesses The Board of Directors of JSW Energy Ltd has approved the reorganisation of its green (renewable) and grey (thermal) businesses. All existing and upcoming renewable energy businesses will be housed under JSW Energy Neo Ltd, a wholly-owned subsidiary of the company. This move will help JSW […] Written by marketfeed Team November 25, 2021April 21, 2022
Market News Top 10 News HUL Posts 9% YoY Rise in Net Profit in Q2 – Top Indian Market News HUL Q2 Results: Net profit rises 9% YoY to Rs 2,187 crore Hindustan Unilever Ltd (HUL) reported a 9% year-on-year (YoY) increase in net profit to Rs 2,187 crore for the quarter ended September (Q2 FY22). Its revenue from operations rose 11.2% YoY to Rs 12,724 crore during the same period. The company’s domestic consumer […] Written by marketfeed Team October 19, 2021April 21, 2022
Market News Top 10 News Kalyan Jewellers’ Revenue Grows 60% in Q2 – Top Indian Market News Kalyan Jewellers’ revenue grows 60% in Q2 Kalyan Jewellers reported a 60% year-on-year (YoY) growth in revenue of its India operations during the quarter ended September (Q2 FY22). The company registered growth in the share of new customers in Q2, largely driven by a shift from the unorganised to the organised segment. The non-south markets […] Written by marketfeed Team October 7, 2021April 21, 2022
Market News Top 10 News SJVN to Set Up 1,000 MW Solar Power Project – Top Indian Market News SJVN to set up 1,000 MW grid-connected solar power project Satluj Jal Vidyut Nigam (SJVN) has secured a contract to set up a 1,000 megawatt (MW) grid-connected solar power project through the bids floated by the Indian Renewable Energy Development Agency (IREDA). The tentative cost for the construction and development of the project is Rs […] Written by marketfeed Team September 24, 2021April 21, 2022
Market News Top 10 News Reliance Jio Launches ‘JioBusiness’ to Digitally Transform MSMEs – Top Indian Market News Reliance Jio launches ‘JioBusiness’ to digitally transform MSMEs Reliance Jio has launched an integrated technology solution- JioBusiness to transform around 5 crore micro, small, and medium enterprises (MSMEs) in India. The company will provide enterprise-grade fiber connectivity that offers voice and data services. It will also provide digital solutions that help enterprises manage and grow […] Written by marketfeed Team March 9, 2021April 21, 2022
