Market News Top 10 News Bharti Airtel 5G Crosses 1Cr Unique Users – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel 5G crosses 1 crore unique users Bharti Airtel has crossed 1 crore unique 5G users since it started rolling out its network in October 2022. The company said its 5G services are present across all states and will cover every […] Written by Cherian Varghese February 27, 2023February 27, 2023
Market News Top 10 News IndusInd Bank’s Net Profit Rises 57% YoY in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: IndusInd Bank Q2 Results: Net profit rises 57% YoY to ₹1,805 crore IndusInd Bank reported a 57.3% YoY increase in net profit to ₹1,805.2 crore for the quarter ended Sept (Q2 FY23). The net interest income (NII) grew 18% YoY to ₹4,302 […] Written by Cherian Varghese October 19, 2022October 19, 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 Equity Mutual Fund Inflows Hit 10-Month Low in August – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Equity mutual fund inflows hit 10-month low in August Data released by the Association of Mutual Funds in India (AMFI) showed that Inflows into equity mutual funds fell 31% YoY to ₹6,119.58 crore in August. Investors continued to withdraw money amidst […] Written by Cherian Varghese September 9, 2022September 12, 2022
Market News Top 10 News India’s GDP Grows at 13.5% in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s GDP grows at 13.5% in Q1 India’s gross domestic product (GDP) grew by 13.5% during the April-June quarter (Q1 FY23), compared to a 4.1% growth in Q4 FY22. The economy grew at the fastest pace in a year as a favourable […] Written by Cherian Varghese August 31, 2022August 31, 2022
Market News Top 10 News Bharti Airtel Signs 5G Network Deals with Nokia, Samsung – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel signs 5G network deals with Ericsson, Nokia, Samsung Bharti Airtel Ltd has signed 5G network agreements with Swedish equipment maker Ericsson, Nokia, and Samsung to commence deployment of 5G networks from August. Ericsson will provide 5G connectivity in 12 circles […] Written by Cherian Varghese August 3, 2022August 3, 2022
Market News Top 10 News PVR to Merge With INOX – Top Indian Market News PVR to merge with INOX to form India’s largest entertainment company Multiplex chains PVR Ltd and INOX Leisure Ltd have decided to merge to form the largest entertainment company in India. On Sunday, the boards of the two companies approved the amalgamation and share exchange ratios. INOX shareholders will receive three shares in PVR for […] Written by marketfeed Team March 28, 2022April 21, 2022
Market News Top 10 News RIL Reports 42% YoY Rise in Net Profit in Q3 – Top Indian Market News RIL Q3 Results: Net profit rises 42% YoY to Rs 18,549 crore Reliance Industries Ltd (RIL) reported a 42% YoY increase in net profit to Rs 18,549 crore for the quarter ended December (Q3 FY22). Net profit rose 36% when compared to the previous quarter. Its revenue from operations rose 54% YoY to Rs 1,91,271 […] Written by marketfeed Team January 21, 2022April 21, 2022
Market News Top 10 News States Suffer Power Outages as Coal Stocks Shrink – Top Indian Market News Indian states suffer power cuts and outages as coal stocks shrink North Indian states have suffered electricity cuts and face further outages due to a lack of coal. The shortages in India follow widespread outages in neighboring China, which has shut factories and schools to manage the crisis. Over half of India’s 135 coal-fired power […] Written by marketfeed Team October 9, 2021April 21, 2022
Market News Top 10 News Adani Ports Reports 72% YoY Rise in Net Profit in Q1 – Top Indian Market News Adani Ports Q1 Results: Net profit rises 72% YoY to Rs 1,307 crore Adani Ports & Special Economic Zone (APSEZ) reported a 72% YoY increase in consolidated net profit to Rs 1,307 crore for the quarter ended June (Q1 FY22). Net profit has increased by 1.5% when compared to the previous quarter. Its revenue from […] Written by marketfeed Team August 3, 2021April 21, 2022
Market News Top 10 News Adani Group Enters Into Cement Business – Top Indian Market News Adani Group enters into cement business; incorporates Adani Cement The Adani Group, which has a strong presence in the ports, airports, power, gas distribution, and other businesses, is all set to enter the cement sector in India. Adani Enterprises announced that it has incorporated a new wholly-owned subsidiary, Adani Cement, with an authorized share capital […] Written by marketfeed Team June 12, 2021April 21, 2022
Market News Top 10 News World Bank Slashes India’s Growth Forecast to 8.3% for FY22 – Top Indian Market News World Bank slashes India’s growth forecast to 8.3% for FY22 The World Bank has lowered its growth forecast for India from 10.1% to 8.3% for the current financial year (FY22). It stated that recovery in India is being hampered by the largest outbreak of Covid-19 cases that any country has seen since the beginning of […] Written by marketfeed Team June 8, 2021April 21, 2022