Market News Top 10 News Asian Paints Posts 53% YoY Rise in Q2 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Asian Paints Q2 Results: Net profit rises 53% YoY to ₹1,232 crore Asian Paints reported a 53.3% year-on-year (YoY) increase in net profit to ₹1,232 crore for the quarter ended September 2023 (Q2 FY24). Its consolidated revenue from operations rose just 0.2% […] Written by Ben Benny October 26, 2023October 26, 2023
Market News Top 10 News ITC to Demerge Hotels Business – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ITC board gives in-principle approval for demerger of hotels business The board of FMCG major ITC has given in-principle approval for the demerger of its hotel business. Under the new scheme, ITC would hold around 40% stake and the balance will be […] Written by Cherian Varghese July 24, 2023July 24, 2023
Market News Top 10 News Coal India’s Profit Falls 18% YoY to Rs 5,528Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Coal India Q4 Results: Net profit falls 18% YoY to Rs 5,528 crore Coal India reported an 18% YoY decline in net profit to Rs 5,528 crore for Q4 FY23. Its operating revenue rose 17% YoY to Rs 38,152 crore during the […] Written by Ben Benny May 8, 2023May 8, 2023
Market News Top 10 News India’s Retail Inflation Eases to 5.66% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Retail inflation eases to 5.66% in March Retail inflation in India eased to a 16-month low of 5.66% in March 2023 from 6.75% in March 2022 as food inflation moderated on account of falling vegetable prices. The consumer food price index (CFPI) […] Written by Cherian Varghese April 12, 2023April 13, 2023
Market News Top 10 News Axis Bank’s Net Profit Rises 62% YoY in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Axis Bank Q3 Results: Net profit rises 62% YoY to ₹5,853 crore Axis Bank reported a 62% YoY increase in net profit to ₹5,853 crore for the quarter ended December (Q3 FY23). Its net interest income (NII) rose 31% YoY to ₹10,360 […] Written by Cherian Varghese January 23, 2023January 24, 2023
Market News Top 10 News Reliance’s Net Profit Falls 15% YoY in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RIL Q3 Results: Net profit falls 14.8% YoY to ₹15,792 crores Reliance Industries Ltd (RIL) reported a 14.8% year-on-year (YoY) decline in consolidated net profit to ₹15,792 crores for the quarter ended December (Q3 FY23)— missing street estimates. Profit declined due […] Written by Cherian Varghese January 20, 2023January 21, 2023
Market News Top 10 News ICICI Bank, Axis Bank to Acquire Stake in IOCL’s JV – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ICICI Bank, Axis Bank to acquire stake in IOCL’s JV ICICI Bank, Axis Bank, and SBI Life Insurance will acquire a 10% stake each in a proposed joint venture (JV) of Indian Oil Corporation Ltd (IOCL) and Chennai Petroleum. The target entity […] Written by Cherian Varghese November 24, 2022November 24, 2022
Market News Top 10 News Adani Group’s ₹493Cr Open Offer for NDTV to Start Tomorrow – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group’s ₹493 crore open offer for NDTV to start tomorrow Adani Group’s open offer to acquire an additional 26% shareholding in the media company New Delhi Television (NDTV) from the market will start tomorrow. The offer will close on December 5. […] Written by Cherian Varghese November 21, 2022November 21, 2022
Market News Top 10 News Demat Accounts in India Cross 10 Crore Mark – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Demat accounts cross 10 crore mark in August The total number of Demat accounts in India crossed the 10 crore mark in August 2022. In August alone, over 7 crore active Demat accounts were registered. CDSL operated 7.16 crore Demat accounts with […] Written by Cherian Varghese September 6, 2022September 9, 2022
Market News Top 10 News Zomato to Acquire Blinkit for Rs 4,447 crore – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Zomato to acquire Blinkit for Rs 4,447 crore Zomato Ltd’s board has approved the acquisition of quick commerce company Blinkit for Rs 4,447 crore in an all-stock deal. The food delivery firm already holds a more than 9% stake in Blinkit. This […] Written by Cherian Varghese June 24, 2022June 24, 2022
Market News Top 10 News RIL Posts 22% YoY Rise in Net Profit in Q4 – Top Indian Market News Reliance Industries Q4 Results: Net profit rises 22% YoY to Rs 16,203 crore Reliance Industries Ltd (RIL) reported a 22.4% YoY increase in consolidated net profit to Rs 16,203 crore for the quarter ended March (Q4 FY22). Its revenue from operations grew 37% YoY to Rs 2,11,887 crore during the same period. The results are […] Written by marketfeed Team May 6, 2022May 6, 2022
Market News Top 10 News Vedanta to Invest up to $20B in Semiconductor Biz – Top Indian Market News Vedanta to invest up to $20 billion in semiconductor business in India Vedanta Ltd has earmarked $15 billion for its foray into the electronic chip and display manufacturing space. The conglomerate plans to scale up the investment to as much as $20 billion (~Rs 1.49 lakh crore). Vedanta’s group firm Avanstrate will spearhead the semiconductor […] Written by marketfeed Team February 18, 2022April 21, 2022
