Market News Top 10 News Indian Oil Becomes Title Sponsor of MotoGP Bharat – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Indian Oil becomes title sponsor of MotoGP Bharat Indian Oil Corporation has become the title sponsor for MotoGP Bharat. The event is scheduled at the Buddh International Circuit in Greater Noida from September 22 to 24. The event will see participation […] Written by Ben Benny September 15, 2023September 15, 2023
Market News Top 10 News Indian Oil Corp to Consider Fundraising via Rights Issue – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Indian Oil board to consider fundraising via rights issue Indian Oil Corporation Ltd’s (IOCL) board of directors will consider fundraising plans through a rights issue of equity shares. The proposed rights issue is seen as strengthening its capex spending and the […] Written by Ben Benny July 7, 2023July 9, 2023
Market News Top 10 News Adani Promoters Prepay Loans Worth ₹8,000Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani promoters prepay to ₹8,000Cr loans to release pledged shares Promoters of Adani Group will pre-pay loans worth $1,114 million for the release of pledged shares ahead of maturity in September 2024. The promoter’s early payment will help release 168.27 million shares […] Written by Cherian Varghese February 6, 2023February 6, 2023
Market News Top 10 News IOCL Eyes Net Zero Carbon Emissions by 2046 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Indian Oil Corp eyes net zero carbon emissions by 2046 Indian Oil Corporation Ltd (IOCL) aims to achieve net zero carbon emissions by 2046. The company has prepared a roadmap to achieve net zero Scope 1 and 2 emissions (relating to emissions […] Written by Cherian Varghese August 25, 2022August 26, 2022
Market News Top 10 News Vedanta to Invest up to $20B in Semiconductor Biz – Top Indian Market News Vedanta to invest up to $20 billion in semiconductor business in India Vedanta Ltd has earmarked $15 billion for its foray into the electronic chip and display manufacturing space. The conglomerate plans to scale up the investment to as much as $20 billion (~Rs 1.49 lakh crore). Vedanta’s group firm Avanstrate will spearhead the semiconductor […] Written by marketfeed Team February 18, 2022April 21, 2022
Market News Top 10 News IndiGo Signs Codeshare Pact With Air France-KLM – Top Indian Market News IndiGo signs codeshare agreement with Air France-KLM InterGlobe Aviation Ltd (IndiGo) has signed an extensive codeshare agreement with Air France-KLM. With this partnership, Air France and KLM will offer their customers access to 25 new Indian destinations. Meanwhile, customers of IndiGo will get access to over 250 global destinations offered by Air France and KLM. […] Written by marketfeed Team December 23, 2021April 21, 2022
Market News Top 10 News Sun Pharma Reports 62% QoQ Rise in Net Profit in Q1 – Top Indian Market News Sun Pharma Q1 Results: Net profit rises 62% QoQ to Rs 1,444 crore Sun Pharmaceutical Industries reported a 62% quarter-on-quarter (QoQ) increase in net profit to Rs 1,444.17 crore for the quarter ended June (Q1 FY22). It had posted a net loss of Rs 1,655.6 crore in the corresponding quarter last year (Q1 FY21). Its […] Written by marketfeed Team July 30, 2021April 21, 2022
Market News Top 10 News IOC Reports 78% QoQ Rise in Net Profit in Q4 – Top Indian Market News IOCL Q4 Results: Net profit rises 78% QoQ to Rs 8,781 crore Indian Oil Corporation Ltd (IOCL) reported a 78.6% quarter-on-quarter (QoQ) increase in net profit to Rs 8,781 crore for the quarter ended March (Q4). Its revenue rose 16.3% QoQ to Rs 1.24 lakh crore during the same period. The oil retailer’s operating profit […] Written by marketfeed Team May 19, 2021April 21, 2022
Market News Top 10 News India’s Manufacturing PMI Falls to Lowest in Seven Months – Top Indian Market News India’s manufacturing PMI declines to 7-month low of 55.4 in March India’s factory activity grew at its weakest pace in seven months in March, as renewed lockdowns to curtail an increase in Covid-19 cases dampened domestic demand and output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector declined to 55.4 in March […] Written by marketfeed Team April 5, 2021April 21, 2022
