Market News Top 10 News Disney to Sign Multibillion-Dollar Deal With Reliance – Top Indian Market Updates Here are some of the major updates that could move the markets on Wednesday: Disney to sign multibillion-dollar deal with Reliance Industries Reliance Industries Ltd (RIL) is set to acquire Walt Disney Co’s (WDC) India operations in a cash and stock deal. WDC may sell a controlling stake in the Disney Star business, which it […] Written by Ben Benny October 23, 2023October 23, 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 WPI Inflation Eases to -3.48% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: May WPI inflation falls to -3.48%, lowest since November 2015 According to the Ministry of Commerce, India’s wholesale price index (WPI)-based inflation fell from -0.92% in April to -3.48% in May. WPI is at its lowest level since November 2015, marking the […] Written by Ben Benny June 14, 2023June 14, 2023
Market News Top 10 News L&T to Build India’s Tallest Commercial Building in Mumbai – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Larsen & Toubro to construct India’s tallest commercial building in Mumbai Larsen and Toubro (L&T) Construction has secured an order to construct commercial towers in Mumbai. The exact value of the projects has not been disclosed, but they fall within the range […] Written by Ben Benny June 6, 2023June 6, 2023
Market News Top 10 News Manufacturing PMI Rises to 53.7 in September – Top Indian Market News Manufacturing PMI rises to 53.7 in September India’s manufacturing activity expanded for the third straight month in September. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 53.7 in September, compared with 52.3 in August. Companies benefited from strengthening demand conditions amid the easing of Covid-19 restrictions. However, the increase in fuel, raw […] Written by marketfeed Team October 1, 2021April 21, 2022
Market News Top 10 News SAIL Reports 31% YoY Rise in Net Profit in Q4 – Top Indian Market News SAIL Q4 Results: Net profit rises 31% YoY to Rs 3,470 crore Steel Authority of India Ltd (SAIL) reported a 31% YoY increase in consolidated net profit to Rs 3,469.88 crore for the quarter ended March (Q4). Net profit has jumped 136.34% when compared to the previous quarter. Its total income rose 41.98% YoY to […] Written by marketfeed Team June 11, 2021April 21, 2022
Market News Top 10 News M&M Reports Net Profit of Rs 163 crore in Q4 – Top Indian Market News M&M and MVML Q4 Results: Net profit at Rs 163 crore Mahindra & Mahindra (M&M) and Mahindra Vehicular Manufacturing Ltd (MVML) reported a combined net profit of Rs 163 crore for the quarter ended March (Q4 FY21). It had posted a net loss of Rs 3,255 crore in the corresponding quarter last year (Q4 FY20). […] Written by marketfeed Team May 28, 2021April 21, 2022
Market News Top 10 News Biocon Biologics Receives Rs 1,125 crore Capital Investment from Goldman Sachs – Top Indian Market News Biocon Biologics receives Rs 1,125 crore capital investment from Goldman Sachs Biocon Ltd. announced that its subsidiary, Biocon Biologics, has approved a capital injection of Rs 1,125 crore from Goldman Sachs. As per the agreement, Goldman Sachs will be issued Optionally Convertible Debentures at a post-money equity valuation of $3.94 billion (~Rs 26,633 crore). The […] Written by marketfeed Team November 7, 2020April 21, 2022
