Market News Top 10 News HCL Tech’s Net Profit Rises 11% YoY to Rs 3,983Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HCL Tech Q4 Results: Profit rises 11% YoY To Rs 3,983 Crore HCL Technologies reported a consolidated net profit of Rs 3,983 crore for the quarter ended March, up 11% YoY. The company’s revenue from operations for the quarter increased by 18% […] Written by Ben Benny April 20, 2023April 20, 2023
Market News Top 10 News NCLT Approves HDFC-HDFC Bank Merger – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: HDFC-HDFC Bank merger gets NCLT approval The National Company Law Tribunal (NCLT) has given its approval to the HDFC-HDFC Bank merger. In April 2022, HDFC Bank agreed to take over the biggest domestic mortgage lender in a deal valued at about […] Written by Ben Benny March 17, 2023March 17, 2023
Market News Top 10 News Titan’s Net Profit Falls 4% in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Titan Q3 Results: Net profit falls 4% YoY to ₹951 crore Titan Ltd reported a 4% YoY decline in net profit to ₹951 crore for the quarter ended December (Q3 FY23). Its revenue from operations rose 11% YoY to ₹10,444 crore during […] Written by Cherian Varghese February 2, 2023February 2, 2023
Market News Top 10 News Adani Group’s ₹493Cr Open Offer for NDTV to Start Tomorrow – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group’s ₹493 crore open offer for NDTV to start tomorrow Adani Group’s open offer to acquire an additional 26% shareholding in the media company New Delhi Television (NDTV) from the market will start tomorrow. The offer will close on December 5. […] Written by Cherian Varghese November 21, 2022November 21, 2022
Market News Top 10 News Vi’s Net Loss Widens to ₹7,596 crore in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vodafone Idea Q2 Results: Net loss widens to ₹7,596 crore Vodafone Idea (Vi) reported a consolidated net loss of ₹7,596 crore for the quarter ended Sept (Q2 FY23). It posted a net loss of ₹7,297 crore in the previous quarter (Q1 FY23) […] Written by Cherian Varghese November 3, 2022November 4, 2022
Market News Top 10 News RBI Hikes Repo Rate by 50 bps to 5.9% – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RBI hikes repo rate by 50 bps to 5.9% The Reserve Bank of India (RBI) has hiked the repo rate by 50 basis points (bps) to 5.90% to control high inflation rates. This is the fourth straight increase in the current […] Written by Cherian Varghese September 30, 2022September 30, 2022
Market News Top 10 News RBI Raises Repo Rate by 50 bps to 5.4% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI raises repo rate by 50 bps to 5.4% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has raised the repo rate by 50 basis points to 5.4% to bring down inflation in the country. “The MPC also […] Written by Cherian Varghese August 5, 2022August 5, 2022
Market News Top 10 News HDFC Posts 22% YoY Rise in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HDFC Q1 Results: Net profit rises 22% YoY to Rs 3,669 crore Housing Development Finance Corporation (HDFC) reported a 22% YoY increase in net profit to Rs 3,669 crore for the quarter ended June (Q1 FY23). Its net interest income (NII) rose […] Written by Cherian Varghese July 29, 2022July 29, 2022
Market News Top 10 News Rupee Hits 80 per US Dollar At Record Lowest – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Rupee Hits 80 per US Dollar At Record Lowest On July 19, 2022, Tuesday, the Indian Rupee to US Dollar conversion rate hit a new record low at Rs 80 per US Dollar in the interbank spot exchange. The rising trade deficit, […] Written by Maarg Vaidya July 19, 2022July 20, 2022
Market News Top 10 News Vi Defers Rs 8,837 crore AGR Dues Payment – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vodafone Idea defers Rs 8,837 crore AGR dues payment Vodafone Idea Ltd’s (VIL) board has decided to defer payment of additional adjusted gross revenues (AGR) of Rs 8,837 crore dues by four years. On June 15, the Department of Telecommunications (DoT) had […] Written by Cherian Varghese June 23, 2022June 23, 2022
Market News Top 10 News Manufacturing PMI Rises to 54.7 in April – Top Indian Market News Manufacturing PMI rises to 54.7 in April India’s manufacturing activity picked up marginally in April after decelerating to a six-month low in March. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 54.7 in April 2022, compared to 54 in March. Input costs rose to their fastest pace since November. PMI is a […] Written by marketfeed Team May 2, 2022May 2, 2022
Editorial Shares of HDFC Bank, HDFC Surge on Merger Plans. Know More About it Here! Today, shares of HDFC Bank jumped nearly 11% to Rs 1,683, while that of HDFC surged 14% to Rs 2,800! The Board of Directors of mortgage lender Housing Development Finance Corporation Ltd (HDFC) has approved the merger of the company with HDFC Bank. The share exchange ratio for the amalgamation will be 42 equity shares […] Written by Cherian Varghese April 4, 2022August 1, 2022
