Market News Top 10 News Maruti Suzuki’s Net Profit Doubles in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Maruti Suzuki Q3 Results: Net profit jumps two-fold to ₹2,351 crore Maruti Suzuki India Ltd reported a 132% YoY jump in consolidated net profit to ₹2,351.3 crore for the quarter ended December (Q3 FY23). Its net sales rose 25.51% YoY to ₹27,849.2 […] Written by Cherian Varghese January 24, 2023January 24, 2023
Market News Top 10 News Govt Gets ₹5,001Cr Dividend From ONGC – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Government gets ₹5,001 crore dividend from ONGC The government has received around ₹5,001 crore as dividend from Oil & Natural Gas Corporation (ONGC). This takes the total dividend receipt from all Central Public Sector Enterprises (CPSEs) in this financial year (FY23) to […] Written by Cherian Varghese November 28, 2022November 28, 2022
Market News Top 10 News WPI Eases to 10.7% in Sept – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: WPI eases to 10.7% in September India’s wholesale inflation, measured by the Wholesale Price Index (WPI), eased to 10.70% in September. WPI had spiked to 12.41% in August, while the revised WPI for July stood at 14.07%. The food articles segment eased […] Written by Cherian Varghese October 14, 2022October 17, 2022
Market News Top 10 News RIL to Roll Out 5G Services by Diwali – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RIL to launch 5G services by Diwali; reveals ₹75,000 crore investment in petchem Reliance Industries Ltd (RIL) has laid out a ₹2 lakh crore plan to launch the next generation (5G) of wireless services in India within two months. The company aims […] Written by Cherian Varghese August 29, 2022August 29, 2022
Market News Top 10 News PVR to Merge With INOX – Top Indian Market News PVR to merge with INOX to form India’s largest entertainment company Multiplex chains PVR Ltd and INOX Leisure Ltd have decided to merge to form the largest entertainment company in India. On Sunday, the boards of the two companies approved the amalgamation and share exchange ratios. INOX shareholders will receive three shares in PVR for […] Written by marketfeed Team March 28, 2022April 21, 2022
Market News Top 10 News Bajaj Finance’s Net Profit Rises 85% YoY in Q3 – Top Indian Market News Bajaj Finance Q3 Results: Net profit rises 85% YoY to Rs 2,125 crore Bajaj Finance Ltd reported an 85% YoY increase in consolidated net profit to Rs 2,125 crore for the quarter ended December (Q3 FY22). Its net interest income (NII) rose 40% YoY to Rs 6,000 crore during the same period. The gross non-performing […] Written by marketfeed Team January 18, 2022April 21, 2022
Market News Top 10 News RBI Authorises RBL Bank to Collect Direct Taxes – Top Indian Market News RBI authorises RBL Bank to collect direct taxes The Reserve Bank of India (RBI) has authorised RBL Bank to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT). The decision was based on the recommendation from the Controller General of Accounts and the Ministry of Finance. After technical integration, RBL Bank’s […] Written by marketfeed Team November 18, 2021April 21, 2022
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 HDFC to Raise up to Rs 6,000 crore via Bonds – Top Indian Market News HDFC plans to raise up to Rs 6,000 crore via bonds Housing Development Finance Corp (HDFC) will raise up to Rs 6,000 crore by issuing non-convertible debentures (NCDs) on a private placement basis. The NCDs will have a base issue size of Rs 3,000 crore, with an option to retain oversubscription of Rs 3,000 crore […] Written by marketfeed Team September 27, 2021April 21, 2022
