Market News Top 10 News Tata Elxsi’s Net Profit Rises 39% YoY in Q4 – Top Indian Market News Tata Elxsi Q4 Results: Net profit rises 39% YoY to Rs 160 crore Tata Elxsi Ltd reported a 39.95% YoY increase in net profit to Rs 160 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 31.51% YoY (or 7.3% QoQ) to Rs 681.7 crore during the same period. Tata Elxsi […] Written by marketfeed Team April 20, 2022April 21, 2022
Market News Top 10 News Coal India’s Output Grows 4% in Feb – Top Indian Market News Coal India’s output grows 4% to 64 MT in February Coal India Ltd (CIL) produced 64.3 million tonnes (MT) of coal in February 2022, registering a growth of 4% YoY. On a month-on-month basis, CIL’s average production increased to 2.3 MT per day in Feb. The company’s production at 542.4 MT during the April-February period […] Written by marketfeed Team March 1, 2022April 21, 2022
Market News Top 10 News Tata Group Takes Over Air India – Top Indian Market News Tata Group takes over Air India after 69 years The Tata Group has officially taken over Air India from the Indian government on Thursday. A consideration of Rs 2,700 crore has been received by the government as part of the divestment. “We are totally delighted to have Air India back at the Tata group,” said […] Written by marketfeed Team January 27, 2022April 21, 2022
Trending Reliance – Future Retail Deal: SEBI waits for more clarification SEBI asked for some clarification on Rs 24,713 crore rupees deal between Reliance and Future Retail, where Reliance will acquire the assets of the Future Group. In an update on November 27, SEBI said that they are waiting for a reply on the scheme of arrangement between Future Group and Reliance Group companies. Scheme of […] Written by marketfeed Team December 4, 2020April 21, 2022
Editorial Reliance vs Amazon: The Future Retail War India’s retail market is estimated to be worth Rs 60 lakh crores in FY 2019-20 and is expected to grow at a CAGR of 10% over the next 5 years to reach Rs 90 lakh crores by FY 2024-25. Reliance and Amazon are indulging in a serious war to capture this retail market in India. […] Written by marketfeed Team October 31, 2020April 21, 2022
Editorial Reliance – Future Group deal India’s most valuable listed company with over Rs 14 trillion market capitalisation, Reliance Industries Limited announced the acquisition of Future Group for Rs 24,713 crore, aiming to boost its presence in the offline retail market. Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd, will acquire the retail & wholesale businesses and the […] Written by marketfeed Team September 10, 2020April 21, 2022
