Market News Top 10 News TVS Motor Exports Over 10 lakh Units in FY22 – Top Indian Market News TVS Motor exports over 10 lakh two-wheelers for the first time in a year in FY22 TVS Motor Company Ltd has sold over 10 lakh two-wheelers in overseas markets this year. This is the first time ever that the company crossed the 7-figure sales mark in a financial year. It has a presence across 80 […] Written by marketfeed Team February 23, 2022April 21, 2022
Market News Top 10 News Tech Mahindra to Acquire 100% Stake in Allyis Group – Top Indian Market News Tech Mahindra to acquire 100% stake in Allyis India, Green Investments Tech Mahindra Ltd has approved a proposal for the acquisition of a 100% stake in Allyis India and Green Investments. The total consideration for the acquisition is $125 million (~Rs 929 crore). Allyis offers technology consulting and managed services that help organizations reduce costs […] Written by marketfeed Team December 31, 2021April 21, 2022
Market News Top 10 News Passenger Vehicle Sales Fall 19% in November – Top Indian Market News Passenger vehicle sales fall 19% in November: SIAM Passenger vehicle wholesales in India fell 19% in November as the semiconductor shortage continued to impact vehicle production. Total passenger vehicle (PV) dispatches last month stood at 2,15,626 units, a decline of 19% from 2,64,898 units in November 2020. Two-wheeler sales fell sharply by 34% YoY to […] Written by marketfeed Team December 10, 2021April 21, 2022
Market News Top 10 News BPCL to Build India’s Largest Green Hydrogen Unit – Top Indian Market News BPCL to build India’s largest green hydrogen unit Bharat Petroleum Corporation Ltd (BPCL) is planning to build India’s largest green hydrogen plant, as it aims to achieve net-zero emissions for its operations by 2040. The company will set up a 20 megawatts (MW) electrolyzer at its refinery in Bina, Madhya Pradesh, to produce green hydrogen. […] Written by marketfeed Team November 24, 2021April 21, 2022
Market News Top 10 News Jindal Steel to Start Building Botswana Coal Mine in 2022 – Top Indian Market News JSPL to start building Botswana coal mine in 2022 Jindal Steel & Power Ltd (JSPL) will start building a coal mine in Botswana’s southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned coal power plant. The company aims for the mine to produce 4.5 million tonnes of coal per year. […] Written by marketfeed Team November 19, 2021April 21, 2022
Market News Top 10 News OIL Reports 111% YoY Jump in Net Profit in Q2 – Top Indian Market News Oil India Q2 Results: Net profit jumps 111% YoY to Rs 504.46 crore Oil India Limited (OIL) reported a 111% YoY jump in net profit to Rs 504.46 crore for the quarter ended September (Q2 FY22). Its turnover rose 52.8% YoY to Rs 3,311.18 crore during the same period. EBITDA stood at Rs 1,290.99 crore […] Written by marketfeed Team November 10, 2021April 21, 2022
Market News Top 10 News Cadila Healthcare’s Net Profit Jumps Six-Fold in Q2 – Top Indian Market News Cadila Healthcare Q2 Results: Net profit jumps over six-fold YoY to Rs 3,002 crore Cadila Healthcare Ltd reported a 534.2% YoY jump in consolidated net profit to Rs 3,002.3 crore for the quarter ended September (Q2 FY22). Net profit jumped 411.29% compared to the previous quarter. Adjusted for exceptional items and one-off gain on the […] Written by marketfeed Team October 29, 2021April 21, 2022
Market News Top 10 News Zydus Cadila’s ZyCoV-D Gets Emergency Use Approval in India – Top Indian Market News Zydus Cadila’s ZyCoV-D gets emergency use authorisation in India The Subject Expert Committee (SEC) of Central Drugs Standard Control Organisation (CDSCO) has recommended the Emergency Use Authorization (EUA) for Zydus Cadila’s Covid-19 vaccine, ZyCoV-D, in India. The three-dose vaccine is applied using a needle-free system known as Tropis, which can also lead to a significant […] Written by marketfeed Team August 20, 2021April 21, 2022
Market News Top 10 News PM Modi Launches Vehicle Scrappage Policy – Top Indian Market News PM Modi launches vehicle scrappage policy Prime Minister Narendra Modi has launched the ‘Voluntary Vehicle Fleet Modernisation Programme’ or the automobile scrappage policy. The new policy aims to phase out unfit and polluting cars and commercial vehicles which are older than 20 or 15 years, respectively. The scrappage policy will bring in investments of ~Rs […] Written by marketfeed Team August 13, 2021April 21, 2022
Market News Top 10 News Cadila Health Reports 29% YoY Rise in Net Profit in Q1 – Top Indian Market News Cadila Healthcare Q1 Results: Net profit rises 29% YoY to Rs 587 crore Cadila Healthcare Ltd reported a 29.34% YoY increase in consolidated net profit to Rs 587.2 crore for the quarter ended June (Q1 FY22). Net profit declined by 13.5% when compared to the previous quarter. Its revenue from operations rose 14.5% YoY to […] Written by marketfeed Team August 11, 2021April 21, 2022
Market News Top 10 News Info Edge Reports 157% YoY Jump in Net Profit in Q4 – Top Indian Market News Info Edge Q4 Results: Net profit jumps 157% YoY to Rs 306 crore Info Edge (India) Ltd reported a 157.11% YoY increase in consolidated net profit to Rs 306.22 crore for the quarter ended March (Q4). Net profit has declined by 54.9% when compared to the previous quarter. Its revenue from operations rose 9.48% YoY […] Written by marketfeed Team June 21, 2021April 21, 2022
Market News Top 10 News Retail Inflation Eases to 4.29% in April – Top Indian Market News Retail inflation eases to 4.29% in April; IIP grows 22.4% in March Retail inflation in India, measured by the Consumer Price Index (CPI), eased to 4.29% in April 2021. CPI stood at 5.52% in March. This is the fifth consecutive month that retail inflation has come within the Reserve Bank of India’s (RBI) upper margin […] Written by marketfeed Team May 12, 2021April 21, 2022
