Market News Top 10 News IOCL Reports a Net Profit of Rs 13,750Cr in Q1- Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: IOCL Q1 Results: Net profit at ₹13,750 crore Indian Oil Corp Ltd (IOCL) reported a standalone net profit of ₹13,750 crore for the quarter ended June (Q1 FY24. The company posted a net loss of ₹1,992 crore in the same quarter […] Written by Ben Benny July 28, 2023July 31, 2023
Market News Top 10 News HPCL Bags Long-Term Contract From OPaL – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HPCL secures long-term contract from OPaL to supply 13.53 trillion Btu of Natural Gas Hindustan Petroleum Corporation Ltd (HPCL) has secured a significant long-term contract from ONGC Petro Additions Ltd (OPaL) for the supply of Natural Gas. HPCL will supply 13.53 trillion […] Written by Ben Benny June 19, 2023June 19, 2023
Market News Top 10 News PV Wholesales Rise 13.54% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Passenger vehicle wholesales rise 13.54% in May at 3.3 lakh units According to the Society of Indian Automobile Manufacturers (SIAM), wholesale domestic passenger vehicle (PV) sales in May increased by 13.54% YoY to 3,34,247 units, compared to 2,94,392 units in May FY22. […] Written by Ben Benny June 13, 2023June 13, 2023
Market News Top 10 News India’s Retail Inflation Eases to 4.25% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s retail inflation eases to a 2-year low of 4.25% in May According to the Ministry of Statistics, India’s retail inflation has eased to a two-year low of 4.25% in May 2023, compared to 4.7% in April. Retail inflation is measured by […] Written by Ben Benny June 12, 2023June 12, 2023
Market News Top 10 News SBI to Raise Rs 50,000Cr Via Debt – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: SBI to raise Rs 50,000 crore via debt instruments in FY24 State Bank of India’s (SBI) board said it plans to raise up to Rs 50,000 crore this financial year (FY24) by issuing debt instruments. The instruments could be long-term bonds, […] Written by Ben Benny June 9, 2023June 9, 2023
Market News Top 10 News ABB India to Automate India-Bangladesh Cross-Border Oil Pipeline – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ABB India to automate India-Bangladesh cross-border oil pipeline ABB India will secure the 130-kilometre Indo-Bangla Friendship Pipeline (IBFPL) through integrated automation and control solutions. The pipeline will carry diesel from India to Bangladesh. With a potential capacity of one million metric tonnes […] Written by Cherian Varghese March 28, 2023March 28, 2023
Market News Top 10 News GAIL Looks to Buy 26% Stake in US LNG Export Plant – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: GAIL looks to buy 26% stake in a US LNG export plant State-owned GAIL (India) Ltd has released an Expression of Interest (EoI) to acquire up to 26% in a US-based LNG plant or a proposed facility that will be commissioned […] Written by Cherian Varghese February 17, 2023February 17, 2023
Market News Top 10 News Maruti Suzuki’s Net Profit Doubles in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Maruti Suzuki Q3 Results: Net profit jumps two-fold to ₹2,351 crore Maruti Suzuki India Ltd reported a 132% YoY jump in consolidated net profit to ₹2,351.3 crore for the quarter ended December (Q3 FY23). Its net sales rose 25.51% YoY to ₹27,849.2 […] Written by Cherian Varghese January 24, 2023January 24, 2023
Market News Top 10 News Adani Ports Posts 8% Growth in Volumes in Dec – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Ports records 8% growth in container volume in Dec Adani Ports & Special Economic Zone (APSEZ) handled 25.1 million metric tonnes (MMT) of cargo in December 2022, recording an 8% YoY growth in container volumes. The company registered 253 MMT of […] Written by Cherian Varghese January 5, 2023January 5, 2023
Market News Top 10 News India Cuts Windfall Tax on Crude, Aviation Fuel – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India cuts windfall tax on crude, aviation fuel The Central govt cut the windfall profit tax on domestically produced crude oil and also reduced the levy on aviation turbine fuel exports. The revised tax rates become effective from December 16, 2022. The […] Written by Cherian Varghese December 16, 2022December 17, 2022
Market News Top 10 News India’s Services PMI Hits 3-Month High in Nov – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s services PMI hits three-month high in Nov Services activity in India expanded at the fastest pace in three months in November 2022 as a result of strong demand, successful marketing, and sustained growth in sales. The S&P Global India Services Purchasing […] Written by Cherian Varghese December 5, 2022December 5, 2022
Market News Top 10 News IndiGo Opens 2nd MRO Facility in Bengaluru Airport – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: IndiGo opens second MRO facility in Bengaluru Airport IndiGo has inaugurated its second maintenance repair and overhaul (MRO) facility at Bengaluru’s Kempegowda International Airport. The 13,000 sq. meter facility is built on five acres of land. It is the second-largest maintenance facility […] Written by Cherian Varghese November 23, 2022November 23, 2022
