Market News Top 10 News Vedanta Repays $100M to Standard Chartered Bank – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vedanta repays $100 million to Standard Chartered Bank Vedanta Ltd said it has repaid $100 million (~Rs 828 crore) to Standard Chartered Bank via release of encumbrance on March 10, 2023. Earlier, Vedanta Resources said it has enough means to meet debt […] Written by Cherian Varghese March 15, 2023March 15, 2023
Market News Top 10 News Zomato Discontinues Pro, Pro Plus Programs – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Zomato discontinues Pro, Pro Plus programs Food delivery platform Zomato has stopped onboarding new members and merchant partners to ‘Pro’ and ‘Pro Plus’ programs. These are members-only programs that assured food delivery on priority and exclusive discounts. After membership terms expire, active […] Written by Cherian Varghese August 22, 2022August 22, 2022
Market News Top Crypto News Wipro Reports 21% YoY Decline in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wipro Q1 Results: Net profit falls 21% YoY to Rs 2,563 crore Wipro Ltd reported a 20.9% YoY decline in net profit to Rs 2,563 crore for the quarter ended June (Q1 FY23). Its revenue from operations grew 17.9% YoY to Rs […] Written by Cherian Varghese July 20, 2022July 21, 2022
Market News Top 10 News Veranda Learning Acquires TIME for Rs 287 crore – Top Indian Market News Veranda Learning acquires TIME for Rs 287 crore Veranda Learning Solutions Ltd has signed an agreement to acquire T.I.M.E. (Advanced Education Activities Pvt Ltd) for Rs 287 crore. The acquisition includes the business of Spoken English Training under the VETA brand and pre-school operations under the T.I.M.E. Kids brand. This move will help Veranda foray […] Written by marketfeed Team April 25, 2022April 25, 2022
Market News Top 10 News Future Retail to Take Action to Reverse RIL’s Store Takeovers – Top Indian Market News Will act to reverse store takeovers by Reliance: Future Retail Future Retail Ltd (FRL) accused Reliance Industries Ltd (RIL) of forcefully taking over stores and asserted that it did not hand over any of its retail units to the conglomerate. FRL’s board is committed to taking necessary action to seek value adjustments and reversal of […] Written by marketfeed Team March 16, 2022April 21, 2022
Market News Top 10 News SpiceJet Posts Net Profit of Rs 23 crore in Q3 – Top Indian Market News SpiceJet Q3 Results: Net profit at Rs 23 crore SpiceJet Ltd reported a net profit of Rs 23.28 crore for the quarter ended December (Q3 FY22). It had posted a net loss of Rs 59.96 crore in the corresponding quarter last year (Q3 FY21). Its revenue from operations rose 33.95% YoY to Rs 2,259.3 crore […] Written by marketfeed Team February 15, 2022April 21, 2022
Market News Top 10 News JSPL Output Grows 9% to 5.9 MT in April-December – Top Indian Market News JSPL output grows 9% to 5.9 MT in April-December 2021 Jindal Steel & Power Ltd (JSPL) has manufactured 5.904 million tonnes (MT) steel in the April-December period of FY 2021-22, an increase of 9% YoY. The company’s sales stood at 6.85 lakh tonnes in December 2021. Delhi-based JSPL has a significant presence in the steel, […] Written by marketfeed Team January 4, 2022April 21, 2022
Market News Top 10 News TVS Motors to Invest Rs 1,200 crore in Future Tech and EV – Top Indian Market News TVS Motors to invest Rs 1,200 crore in future technologies and EV TVS Motor Company Ltd has signed a Memorandum of Understanding (MoU) with the Govt of Tamil Nadu to invest Rs 1,200 crore in future technologies and electric vehicles (EVs) over the next four years. The investment would be for the design, development, and […] Written by marketfeed Team November 23, 2021April 21, 2022
Market News Top 10 News Adani Green Energy’s Unit Wins 300-MW Wind Power Project – Top Indian Market News Adani Green Energy’s unit wins 300 MW wind power project Adani Green Energy Ltd (AGEL) said its subsidiary, Adani Renewable Energy Holding Fifteen Ltd (AREHFL), has received the Letter of Award (LoA) to set up a 300 megawatt (MW) wind power project. The fixed tariff for this project capacity is Rs 2.77 per kilowatt-hour (kWh) […] Written by marketfeed Team March 22, 2021April 21, 2022
Market News Top 10 News Govt to Establish National Bank for Infra Investments – Top Indian Market News Govt in the process of setting up National Infra Bank: Finance Minister Union Finance Minister, Nirmala Sitharaman, said that the government is in the process of setting up a national bank for funding infrastructure investments. She stated that creating institutional structures, big thrust on monetising assets, and enhancing the share of capital expenditure in central […] Written by marketfeed Team March 20, 2021April 21, 2022
Market News Top 10 News Fuel Rates Hiked by 15-24 paise After 3-Day Break – Top Indian Market News Fuel rates hiked by 15-24 paise after 3-day break; Petrol price in Delhi at Rs 91.17 After remaining unchanged for 3 consecutive days, fuel prices in India were hiked by 15-24 paise on Saturday. Petrol price in Delhi has surged to Rs 91.17 per litre and in Mumbai to Rs 97.57 per litre. Diesel rates […] Written by marketfeed Team February 27, 2021April 21, 2022
Market News Top 10 News Supreme Court Halts Future Group-Reliance Deal on Amazon Plea – Top Indian Market News Supreme Court halts Future Group-Reliance deal on Amazon plea The Supreme Court on Monday asked the National Company Law Tribunal (NCLT) not to pass a final order on Future Retail’s Rs 24,713-crore asset sale to Reliance Industries Ltd. However, the apex court has allowed the NCLT to continue hearing on amalgamation proceedings between Future Retail […] Written by marketfeed Team February 22, 2021April 21, 2022
