Market News Top 10 News Adani Enterprises Files Papers for Rs 20,000Cr FPO – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Enterprises files papers for ₹20,000 crore FPO Adani Enterprises Ltd (AEL) has filed an offer letter with stock exchanges for a proposed ₹20,000 crore follow-on public offer (FPO). The company is examining the possibility of launching the FPO in the last […] Written by Cherian Varghese January 17, 2023January 17, 2023
Market News Top 10 News Godrej Properties Posts 167% YoY Jump in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Godrej Properties Q1 Results: Net profit jumps 167% YoY to Rs 46 crore Godrej Properties Ltd reported a 167.5% YoY jump in consolidated net profit to Rs 45.55 crore for the quarter ended June (Q1 FY23). Its total income rose 62.8% YoY […] Written by Cherian Varghese August 2, 2022August 2, 2022
Market News Top 10 News Veranda Learning Acquires TIME for Rs 287 crore – Top Indian Market News Veranda Learning acquires TIME for Rs 287 crore Veranda Learning Solutions Ltd has signed an agreement to acquire T.I.M.E. (Advanced Education Activities Pvt Ltd) for Rs 287 crore. The acquisition includes the business of Spoken English Training under the VETA brand and pre-school operations under the T.I.M.E. Kids brand. This move will help Veranda foray […] Written by marketfeed Team April 25, 2022April 25, 2022
Market News Top 10 News India’s GDP Grows 20.1% in Q1 – Top Indian Market News India records GDP growth at 20.1% in Q1 India’s gross domestic product (GDP) for the April-June quarter (Q1 FY22) grew 20.1% as per the provisional estimates released by the Ministry of Statistics and Programme Implementation (MoSPI). The sharp rise in Q1 GDP data can be mainly attributed to a low base last year. The economy […] Written by marketfeed Team August 31, 2021April 21, 2022
Market News Top 10 News India’s Power Demand Hits All-Time High of 197.06 GW – Top Indian Market News India’s power demand hits all-time high of 197.06 GW The total power demand in India touched an all-time high of 197.06 gigawatts (GW) on Tuesday (July 6). Many states are witnessing high temperatures due to delayed monsoon. The easing of Covid-related restrictions has also led to a surge in power demand. Last month, the highest […] Written by marketfeed Team July 7, 2021April 21, 2022
Market News Top 10 News RBI Keeps Policy Rates Unchanged; Cuts FY22 GDP Forecast to 9.5% – Top Indian Market News RBI keeps policy rates unchanged, cuts FY22 GDP growth to 9.5% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%. The reverse repo rate will also remain unchanged at 3.35%. The central bank will maintain its ‘accommodative’ stance as long as necessary […] Written by marketfeed Team June 4, 2021April 21, 2022
Market News Top 10 News RIL Reports 108% YoY Jump in Net Profit in Q4 – Top Indian Market News Reliance Industries Q4 Results: Net profit at Rs 13,227 crore Reliance Industries Limited (RIL) reported a 108% YoY increase in consolidated net profit at Rs 13,227 crore for the quarter ended March (Q4). On a quarterly basis, net profit has grown 1%. The consolidated revenue from operations rose 11% YoY to Rs 1,54,896 crore during […] Written by marketfeed Team April 30, 2021April 21, 2022
Market News Top 10 News Eicher Motors’ Q3 Profit Rises by 7% YoY to Rs 533 crore – Top Indian Market News Eicher Motors Q3 Results: Net profit rises 7% YoY to Rs 533 crore Eicher Motors Ltd reported a 7% YoY increase in net profit to Rs 533 crore for the quarter ended December (Q3 FY21). Its revenue jumped 19% YoY to Rs 2,828 crore during the same period. Sales for Royal Enfield increased by 5% […] Written by marketfeed Team February 10, 2021April 21, 2022
Market News Top 10 News India’s Services PMI Expands for Second Month in a Row – Top Indian Market News India’s services PMI expands for second month in a row The services activity in India expanded for the second consecutive month in November, with a further improvement in new work supporting business activity growth. The country’s employment rate has also shown its first rise in 9 months. The IHS Markit Purchasing Managers’ Index (PMI) for […] Written by marketfeed Team December 3, 2020April 21, 2022
Market News Top 10 News Tata Consumer’s Net Profit Rises 31% YoY – Top Indian Market News Tata Consumer Q2 Results: Net Profit rises 31% YoY to Rs 273 crore Tata Consumer Products Ltd reported a 31.4% year-on-year (YoY) increase in net profit to Rs 273.18 crore, for the quarter ended September (Q2). The company’s revenue increased by 18.5% YoY to Rs 2,781.34 crore, during the same period. The FMCG firm has […] Written by marketfeed Team November 6, 2020April 21, 2022