Market News Top 10 News Piramal Group Completes Acquisition of DHFL – Top Indian Market News Piramal Group completes acquisition of DHFL for Rs 34,250 crore Piramal Enterprises Ltd (PEL) has completed the acquisition of Dewan Housing Finance Corp Ltd. (DHFL) for a total consideration of Rs 34,250 crore. This includes an upfront cash payment of Rs 14,700 crore and issuance of debt instruments worth Rs 19,550 crore (10-year NCDs at […] Written by marketfeed Team September 29, 2021April 21, 2022
Market News Top 10 News SBI Reports 55% YoY Rise in Net Profit in Q1 – Top Indian Market News State Bank of India Q1 Results: Net profit rises 55% YoY to Rs 6,504 crore State Bank of India (SBI) reported a 55.2% YoY increase in net profit to Rs 6,504 crore for the quarter ended June (Q1 FY22). Its net interest income (NII) rose 3.7% YoY to Rs 27,638 crore during the same period. […] Written by marketfeed Team August 4, 2021April 21, 2022
Market News Top 10 News RIL Reports 7% Fall in Net Profit in Q1 – Top Indian Market News Reliance Industries Q1 Results: Net profit falls 7% YoY to Rs 12,273 crore Reliance Industries Ltd (RIL) reported a 7.3% YoY decline in consolidated net profit to Rs 12,273 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 7% when compared to the previous quarter. Its revenue from operations rose 58.2% […] Written by marketfeed Team July 23, 2021April 21, 2022
Market News Top 10 News Maruti Suzuki Reports 10% YoY Decline in Net Profit in Q4 – Top Indian Market News Maruti Suzuki Q4 Results: Net profit falls 10% YoY to Rs 1,166 crore Maruti Suzuki India Limited reported a 9.7% year-on-year (YoY) decline in net profit to Rs 1,166 crore for the quarter ended March (Q4). Revenue from operations rose 32% YoY to Rs 24,023 crore during the same period. The automaker sold a total […] Written by marketfeed Team April 27, 2021April 21, 2022
Market News Top 10 News IMF Raises India’s Growth Projection to 12.5% in FY22 – Top Indian Market News IMF raises India’s growth projection to 12.5% in FY22 The International Monetary Fund (IMF) has upgraded its growth projection for India to 12.5% for FY 2021-22 from 11.5% estimated in January. As per IMF’s report, India is the only country expected to register double-digit growth in the current financial year. The GDP growth for FY23 […] Written by marketfeed Team April 6, 2021April 21, 2022
Market News Top 10 News Adani Enterprises Signs Coal Mining Agreement With MAHAGENCO – Top Indian Market News Adani Enterprises signs coal mining agreement with MAHAGENCO Adani Enterprises Ltd, along with its wholly-owned subsidiary Gare Palma II Collieries Pvt Ltd, has signed a pact with Maharashtra State Power Generation Co Ltd (MAHAGENCO) for the development and operation of Gare Palma Sector II coal mine for 34 years. The coal block was allotted for […] Written by marketfeed Team April 2, 2021April 21, 2022