Market News Top 10 News ED Conducts Raids at Indiabulls Finance Centre – Top Indian Market News ED conducts raids at Indiabulls Finance Centre in Mumbai The Enforcement Directorate (ED) conducted raids at Indiabulls Finance Centre in Mumbai. The search was based on an Enforcement Case Information Report (ECIR) registered by ED under the Prevention of Money Laundering Act, 2002 (PMLA) against Indiabulls Housing, promoter Sameer Gehlaut, and other related companies and […] Written by marketfeed Team February 21, 2022April 21, 2022
Market News Top 10 News UltraTech Cement Posts 8% YoY Rise in Net Profit in Q3 – Top Indian Market News UltraTech Cement Q3 Results: Net profit rises 8% YoY to Rs 1,708 crore UltraTech Cement Ltd reported a 7.8% YoY increase in consolidated net profit to Rs 1,708 crore for the quarter ended December (Q3 FY22). Net profit increased 31% when compared to the previous quarter. Its revenue from operations rose 5.89% YoY (or 8% […] Written by marketfeed Team January 17, 2022April 21, 2022
Market News Top 10 News Services PMI Falls to 3 Month Low in December – Top Indian Market News Services PMI falls to 3 month low in December India’s services sector activity fell to a three-month low in December but remained in the expansion zone. The IHS Markit India Services Purchasing Managers’ Index (PMI) stood at 55.5 in December 2021, compared to 58.1 in November. PMI is a month-on-month calculation, and a value above […] Written by marketfeed Team January 5, 2022April 21, 2022
Market News Top 10 News Oil India to Set Up Green Hydrogen Plant in Assam – Top Indian Market News Oil India to set up green hydrogen plant in Assam Oil India Ltd (OIL) has announced plans to set up a plant to manufacture green hydrogen at its Jorhat oilfield in Assam. The hydrogen generated from the plant will be blended with natural gas using existing infrastructure. Hydrogen, being the cleanest form of energy, is […] Written by marketfeed Team December 27, 2021April 21, 2022
Market News Top 10 News Passenger Vehicle Sales Fall 19% in November – Top Indian Market News Passenger vehicle sales fall 19% in November: SIAM Passenger vehicle wholesales in India fell 19% in November as the semiconductor shortage continued to impact vehicle production. Total passenger vehicle (PV) dispatches last month stood at 2,15,626 units, a decline of 19% from 2,64,898 units in November 2020. Two-wheeler sales fell sharply by 34% YoY to […] Written by marketfeed Team December 10, 2021April 21, 2022
Market News Top 10 News MobiKwik Files DRHP For Rs 1,900 crore IPO – Top Indian Market News MobiKwik files DRHP for Rs 1,900 crore IPO Digital payments firm MobiKwik has filed a Draft Red Herring Prospectus (DRHP) with market regulator SEBI to raise Rs 1,900 crore via an initial public offering (IPO). The IPO consists of a fresh issue of shares worth Rs 1,500 crore and an offer for sale (OFS) of […] Written by marketfeed Team July 12, 2021April 21, 2022
Market News Top 10 News Reliance to Venture Into Green Energy Business – Top Indian Market News Reliance Industries to venture into green energy business At the 44th Annual General Meeting (AGM) of Reliance Industries Ltd (RIL), Mukesh Ambani announced the company’s mega investment into a new green energy business. RIL aims to build four giga factories to manufacture and integrate critical components at an investment of Rs 60,000 crore over the […] Written by marketfeed Team June 24, 2021April 21, 2022
Market News Top 10 News Adani Ports’ Q3 Profit Rises 16% YoY to Rs 1,576 crore – Top Indian Market News Adani Ports Q3 Results: Net profit rises 16% YoY to Rs 1,576 crore Adani Ports & Special Economic Zone (APSEZ) Ltd reported a 16.22% YoY increase in consolidated net profit to Rs 1,576.53 crore for the quarter ended December (Q3). Its consolidated revenue rose 12% YoY to Rs 4,274.79 crore during the same period. APSEZ’s […] Written by marketfeed Team February 9, 2021April 21, 2022
Market News Top 10 News India’s WPI Inflation Eases to 1.22% in December – Top Indian Market News India’s WPI inflation eases to 1.22% in December Wholesale inflation in India fell to the lowest level in four months, mainly due to a decline in the prices of food articles. Inflation based on the Wholesale Price Index (WPI) fell to 1.22% in December from 1.55% in November. The WPI was at 2.76% in December […] Written by marketfeed Team January 14, 2021April 21, 2022
Market News Top 10 News Mrs Bectors Food IPO Subscribed 199 Times on Final Day of Bidding – Top Indian Market News Mrs Bectors Food IPO subscribed 199 times on final day of bidding Mrs Bectors Food Specialities’ initial public offering (IPO) was subscribed 199.41 times on the final day of subscription. It has become the most successful IPO in 2020. As per NSE data, the IPO received bids for 262 crore shares, as against 1.32 crore […] Written by marketfeed Team December 17, 2020April 21, 2022