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 Cabinet Approves PLI Scheme for Textile Sector – Top Indian Market News Cabinet approves Rs 10,683 crore PLI scheme for textile sector The Union Cabinet has approved a Production Linked Incentive (PLI) scheme for textiles for man-made fibre (MMF) apparel, MMF fabrics, and 10 segments or products of technical textiles with a budgetary outlay of Rs 10,683 crore over the next five years. The scheme is expected […] Written by marketfeed Team September 8, 2021April 21, 2022
Market News Top 10 News SpiceJet to Transfer Cargo Business to SpiceXpress – Top Indian Market News SpiceJet seeks shareholders’ approval to hive off cargo, logistics business SpiceJet Ltd has sought permission from its shareholders to transfer its cargo and logistics business to its subsidiary, SpiceXpress. All related assets and liabilities, including trademark, licenses, franchises, customer contracts, and distribution network will be transferred on a slump sale basis to SpiceXpress. The airline […] Written by marketfeed Team August 17, 2021April 21, 2022
Market News Top 10 News Tata Consumer Reports Net Profit of Rs 133 crore in Q4 – Top Indian Market News Tata Consumer Q4 Results: Net profit at Rs 133.34 crore Tata Consumer Products Ltd reported a net profit of Rs 133.34 crore for the quarter ended March (Q4). It had posted a net loss of Rs 50 crore in the corresponding period last year (Q4 FY20). On a quarterly basis, net profit has declined by […] Written by marketfeed Team May 6, 2021April 21, 2022
Market News Top 10 News Zydus Cadila’s ‘Virafin’ Gets DCGI Approval – Top Indian Market News Zydus Cadila’s ‘Virafin’ gets DCGI approval for treatment of moderate Covid-19 cases Zydus Cadila announced that it has received restricted emergency use approval from the Drugs Controller General of India (DCGI) to use antiviral drug ‘Virafin’ (Pegylated Interferon alpha-2b) for the treatment of moderate Covid-19 infections. Virafin will help Covid-19 patients recover faster and avoid […] Written by marketfeed Team April 23, 2021April 21, 2022
Market News Top 10 News Indus Towers Reports 38% YoY Rise in Net Profit in Q4 – Top Indian Market News Indus Towers Q4 Results: Net profit rises 38% YoY to Rs 1,364 crore Indus Towers Limited reported a 38% year-on-year (YoY) increase in consolidated net profit to Rs 1,364 crore for the quarter ended March (Q4). Its revenue from operations rose 3% YoY to Rs 6,492 crore during the same period. The company added 3,715 […] Written by marketfeed Team April 22, 2021April 21, 2022
Market News Top 10 News ACC Reports 74% YoY Rise in Net Profit in Q1 – Top Indian Market News ACC Q1 Results: Net profit rises 74% YoY to Rs 563 crore ACC Limited reported a 74.17% year-on-year (YoY) increase in consolidated net profit to Rs 562.69 crore for the quarter ended March (Q1 CY21). The company follows the January-December financial year cycle. Its total revenue rose 22.7% YoY to Rs 4,291.97 crore during the […] Written by marketfeed Team April 19, 2021April 21, 2022
Market News Top 10 News Total Acquires 20% Stake in Adani Green Energy – Top Indian Market News Total acquires 20% stake in Adani Green Energy French oil and energy major Total SE announced the acquisition of a 20% stake in Adani Green Energy Limited (AGEL) from the Adani Group. The company will also buy a 50% stake in a portfolio of solar assets operated by AEGL. Total said it would pay $2.5 […] Written by marketfeed Team January 18, 2021April 21, 2022
Market News Top 10 News Automakers Fear Container Shortage to Hit Parts Supply, Output – Top Indian Market News Indian automakers fear container shortage to hit parts supply, output Automakers in India are bracing for a parts shortage and possible production losses over the next 3-4 months due to a global shortage of available shipping containers. The concern was put forth by the Society of Indian Automobile Manufacturers (SIAM). The trade body stated that […] Written by marketfeed Team December 24, 2020April 21, 2022
