Market News Top 10 News Axis Bank Posts 40% YoY Rise in Q1 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Axis Bank Q1 Results: Net profit rises 40% YoY to ₹5,797 crore Axis Bank reported a 40% year-on-year (YoY) increase in consolidated net profit of ₹5,797 crore for the quarter ended June (Q1 FY24). Its net interest income (NII) rose 27% YoY […] Written by Cherian Varghese July 26, 2023July 26, 2023
Market News Top 10 News ABB India to Automate India-Bangladesh Cross-Border Oil Pipeline – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ABB India to automate India-Bangladesh cross-border oil pipeline ABB India will secure the 130-kilometre Indo-Bangla Friendship Pipeline (IBFPL) through integrated automation and control solutions. The pipeline will carry diesel from India to Bangladesh. With a potential capacity of one million metric tonnes […] Written by Cherian Varghese March 28, 2023March 28, 2023
Market News Top 10 News RIL to Commission New Gas Condensate Field by Year-End – Top Indian Market Updates Here are some of the major updates that could move the markets on Thursday: RIL to commission new gas condensate field by year-end Reliance Industries Ltd (RIL) will commission its deepwater MJ gas condensate field in the Bay of Bengal block KG-D6 by year-end, boosting natural gas output to 30% of India’s total. MJ is […] Written by Cherian Varghese October 25, 2022October 26, 2022
Market News Top 10 News HUL Reports 9% YoY Rise in Net Profit in Q4 – Top Indian Market News HUL Q4 Results: Net profit rises 9% YoY to Rs 2,327 crore Hindustan Unilever Ltd (HUL) reported an 8.6% YoY increase in net profit to Rs 2,327 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 10.4% YoY to Rs 13,190 crore during the same period. The FMCG company’s home care […] Written by marketfeed Team April 27, 2022April 27, 2022
Market News Top 10 News Govt to Sell 1.5% Stake in ONGC to Raise Rs 3,000 crore – Top Indian Market News Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 crore The Indian govt will sell up to 1.5% stake in Oil & Natural Gas Corporation Ltd (ONGC) to raise Rs 3,000 crore. The offer for sale (OFS) by the government will be open on March 30 and 31. The floor price […] Written by marketfeed Team March 29, 2022April 21, 2022
Market News Top 10 News IndiGrid InvIT to Acquire Power Transmission Project From Sterlite Power – Top Indian Market News IndiGrid InvIT to acquire power transmission project from Sterlite Power for Rs 4,625 crore India Grid Trust (IndiGrid) has signed a share purchase agreement to acquire NER-II Transmission Limited from Sterlite Power. The indicative value of the acquisition is Rs 4,625 crore. The 830 circuit-km long transmission project is spread across Assam, Arunachal Pradesh, and […] Written by marketfeed Team March 6, 2021April 21, 2022
Market News Top 10 News Goldman Sachs Raises India’s GDP Forecast for FY21 – Top Indian Market News Goldman Sachs raises India’s GDP forecast for 2020-21 Goldman Sachs has raised its GDP forecast for India to a 10.3% contraction, from the -14.8% it had projected in September. The global financial service provider has stated that it expects economic activity in the country to improve faster than anticipated. The firm has also stated that […] Written by marketfeed Team November 17, 2020April 21, 2022
