Market News Top 10 News Cabinet Clears Advent’s Acquisition of Suven Pharma – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Cabinet clears Advent’s acquisition of Suven Pharma The Cabinet Committee on Economic Affairs has approved the foreign direct investment (FDI) proposal of up to ₹9,589 crore in Suven Pharmaceuticals Ltd by private equity firm Advent International through its Cyprus-based Berhyanda Ltd. In […] Written by Ben Benny September 13, 2023September 13, 2023
Market News Top 10 News JFSL Shares Hit Lower Circuit on Listing Day – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Jio Financial Services shares hit 5% lower circuit on listing day Jio Financial Services Ltd. closed at a 5% lower circuit at ₹248.50 per share after a muted listing on the Indian exchanges. The shares were listed at ₹262 per share on […] Written by Cherian Varghese August 21, 2023August 22, 2023
Market News Top 10 News Jio Platforms to Acquire Mimosa Networks – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Jio Platforms to acquire Mimosa Networks for $60mn Jio Platforms (a subsidiary of Reliance Industries) will buy US-based communications equipment maker Mimosa Networks for $60 million to strengthen its 5G and broadband services. Mimosa’s portfolio includes point-to-point and point-to-multi-point products based on […] Written by Cherian Varghese March 9, 2023March 9, 2023
Daily Market Feed Market News Adani Repays Rs 4,000Cr Bridge Loan – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group repays $500 million bridge loan The Adani Group has repaid a $500 million bridge loan due on March 9, a portion of the loan from global banks amounting $4.5 billion, to finance the purchase of Holcim Ltd’s cement assets last […] Written by Cherian Varghese March 8, 2023March 8, 2023
Market News Top 10 News Bharti Airtel’s Net Profit Rises 91% YoY in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel Q3 Results: Net profit rises 91% YoY to ₹1,588 crore Bharti Airtel Ltd reported a 91% YoY increase in consolidated net profit to ₹1,588.2 crore for the quarter ended December (Q3 FY23). Its revenue from operations rose 20% YoY to […] Written by Cherian Varghese February 7, 2023February 7, 2023
Market News Top 10 News Jio to Complete Pan-India 5G Rollout by 2023 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Jio to complete pan-India 5G rollout by 2023: Mukesh Ambani Reliance Jio will complete the rollout of its 5G services in India by 2023, said Reliance Industries (RIL) chairman Mukesh Ambani at the company’s ‘Family Day’ celebrations. Jio Platforms will now develop […] Written by Cherian Varghese December 29, 2022December 29, 2022
Market News Top 10 News Jio to Provide Managed Services for IOCL for 5 years – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: IOCL selects Jio’s managed network services for its petrol pumps Indian Oil Corp Ltd (IOCL) has selected the enterprise arm of Reliance Jio Infocomm, JioBusiness, to deploy and manage Software Defined Wide Area Network (SD-WAN) solutions across its 7,200 retail outlets for […] Written by Cherian Varghese December 22, 2022December 22, 2022
Editorial Why Does Everyone Hate the Draft Telecom Bill 2022? Two months ago, the Indian government released a draft of the Telecommunication Bill, 2022. The Centre believes the time has come to update some of the outdated laws in the telecom sector. While it has some good intentions (well, sort of), the draft bill received a lot of criticism and backlash. If this bill is […] Written by Cherian Varghese December 2, 2022December 2, 2022
Market News Top 10 News India’s GDP Growth Slows to 6.3% in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s GDP growth slows to 6.3% in Q2 India’s gross domestic product (GDP) grew by 6.3% YoY during the July-September quarter (Q2 FY23). The GDP had expanded by 8.4% in Q2 FY22. Nominal GDP or GDP at current prices in Q2 FY23 […] Written by Ben Benny November 30, 2022November 30, 2022
Market News Top 10 News Adani Group’s ₹493Cr Open Offer for NDTV to Start Tomorrow – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group’s ₹493 crore open offer for NDTV to start tomorrow Adani Group’s open offer to acquire an additional 26% shareholding in the media company New Delhi Television (NDTV) from the market will start tomorrow. The offer will close on December 5. […] Written by Cherian Varghese November 21, 2022November 21, 2022
Market News Top 10 News PVR Reports ₹71 crore Loss in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: PVR Q2 Results: Net loss at ₹71 crore PVR Ltd reported a net loss of ₹71.23 crore for the quarter ended September (Q2 FY23). It posted a net loss of ₹153.3 crore in the corresponding quarter last year (Q2 FY22). The multiplex […] Written by Cherian Varghese October 17, 2022October 17, 2022
Editorial 5G Officially Launched in India: What Can We Expect? After a long wait, Prime Minister Narendra Modi officially launched 5G services in India on October 1. Companies involved in the telecom, optic fiber, and network infrastructure segments are gearing up for a pan-India rollout. However, it could take a while for most of us to experience 5G on our phones. In this article, we […] Written by Cherian Varghese October 3, 2022October 4, 2022
