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 Bharti Airtel’s Net Profit Jumps 300% QoQ in Q2 – Top Indian Market News Bharti Airtel Q2 Results: Net profit jumps 300% QoQ to Rs 1,134 crore Bharti Airtel Ltd reported a 300% quarter-on-quarter (QoQ) jump in consolidated net profit to Rs 1,134 crore for the quarter ended September (Q2 FY22). Net profit was boosted by a one-time gain of Rs 722 crore incurred from the transfer of spectrum […] Written by marketfeed Team November 2, 2021April 21, 2022
Market News Top 10 News Avenue Supermarts Reports 132% YoY Jump in Net Profit in Q1 – Top Indian Market News Avenue Supermarts Q1 Results: Net profit jumps 132% YoY to Rs 115 crore Avenue Supermarts Ltd reported a 132.3% YoY jump in net profit to Rs 115 crore for the quarter ended June (Q1 FY22). Its total revenues rose 31.3% YoY to Rs 5,032 crore during the same period. Net profit and revenues have declined […] Written by marketfeed Team July 10, 2021April 21, 2022
Market News Top 10 News Manufacturing PMI Remains Steady in April – Top Indian Market News Manufacturing PMI remains steady in April Manufacturing activity in India remained steady in April despite the devastating surge in Covid-19 cases amidst the second wave. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 55.5 in April, compared with 55.4 in March. This is the eighth straight month that PMI has remained in […] Written by marketfeed Team May 3, 2021April 21, 2022
Market News Top 10 News SC Rules in Favour of Tata Group, Sets Aside NCLAT Order – Top Indian Market News Supreme Court upholds Tata Sons’ decision to sack Cyrus Mistry as chairman The Supreme Court (SC) on Friday upheld the Tata Group’s decision to sack Cyrus Mistry as chairman of the group. A three-judge bench of SC, led by CJI Justice S A Bobde, set aside the National Company Law Appellate Tribunal (NCLAT) order that […] Written by marketfeed Team March 26, 2021April 21, 2022
Market News Top 10 News Cabinet Approves Proposal to Set Up Development Finance Institution – Top Indian Market News Cabinet approves proposal to set up Development Finance Institution The Union Cabinet, on Tuesday, approved the creation of a Development Finance Institution (DFI) for funding infrastructure and development activities in the country. The government will initially infuse Rs 20,000 crore into this institution. Finance Minister Nirmala Sitharaman said that the DFI is expected to raise […] Written by marketfeed Team March 16, 2021April 21, 2022
Market News Top 10 News India’s Manufacturing PMI Falls Marginally in February – Top Indian Market News India’s manufacturing PMI falls marginally in February India’s factory activity expanded for the seventh straight month in February, driven by strong demand and increased output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector eased slightly to 57.5 in February from 57.7 in January. Last month, firms responded to rising production needs by […] Written by marketfeed Team March 1, 2021April 21, 2022
Market News Top 10 News SBI Reports 7% YoY Decline in Net Profit – Top Indian Market News SBI Q3 Results: Net profit falls 7% YoY to Rs 5,196 crore State Bank of India (SBI) reported a 7% YoY decline in net profit to Rs 5,196 crore for the quarter ended December (Q3). The lender’s net interest income (NII) rose 4% YoY to Rs 28,820 crore during the same period. [NII is the […] Written by marketfeed Team February 4, 2021April 21, 2022
Editorial The Real Estate Boom in India. Who Will Benefit? With the removal of lockdown restrictions, the real estate sector has been witnessing a strong sales growth. Developers feel that India's present economic conditions are highly favourable for them. In this article, find out what the 'real estate cycle' is all about. Also, read more about the listed companies that could beneift in the current scenario. Written by marketfeed Team January 28, 2021December 21, 2023
Market News Top 10 News Reliance Jio to Launch 5G Services in India by Second Half of 2021 – Top Indian Market News Reliance Jio to launch 5G services in India by second half of 2021: Mukesh Ambani RIL chief Mukesh Ambani, on Tuesday, said that Reliance Jio will pioneer the 5G revolution in India by the second half of 2021. He was speaking at the fourth edition of the India Mobile Congress. The solution for the fifth-generation […] Written by marketfeed Team December 8, 2020April 21, 2022
Market News Top 10 News Adani Ports’ Net Profit Rises 32% YoY – Top Indian Market News Adani Ports Q2 Results: Net Profit rises 32% YoY to Rs 1,394 crore Adani Ports & Special Economic Zone Ltd. reported a 31.57% year-on-year increase in consolidated net profit at Rs 1,393.69 crore, for the quarter ended September (Q2). The revenue from operations increased by 3% YoY to Rs 2,902.52 crore, during the same period. […] Written by marketfeed Team November 3, 2020April 21, 2022
