Market News Top Crypto News Wipro Reports 21% YoY Decline in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wipro Q1 Results: Net profit falls 21% YoY to Rs 2,563 crore Wipro Ltd reported a 20.9% YoY decline in net profit to Rs 2,563 crore for the quarter ended June (Q1 FY23). Its revenue from operations grew 17.9% YoY to Rs […] Written by Cherian Varghese July 20, 2022July 21, 2022
Market News Top 10 News Rupee Hits 80 per US Dollar At Record Lowest – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Rupee Hits 80 per US Dollar At Record Lowest On July 19, 2022, Tuesday, the Indian Rupee to US Dollar conversion rate hit a new record low at Rs 80 per US Dollar in the interbank spot exchange. The rising trade deficit, […] Written by Maarg Vaidya July 19, 2022July 20, 2022
Market News Top 10 News ED Conducts Raids at Indiabulls Finance Centre – Top Indian Market News ED conducts raids at Indiabulls Finance Centre in Mumbai The Enforcement Directorate (ED) conducted raids at Indiabulls Finance Centre in Mumbai. The search was based on an Enforcement Case Information Report (ECIR) registered by ED under the Prevention of Money Laundering Act, 2002 (PMLA) against Indiabulls Housing, promoter Sameer Gehlaut, and other related companies and […] Written by marketfeed Team February 21, 2022April 21, 2022
Market News Top 10 News M&M Finance Launches Car Leasing & Subscription Biz – Top Indian Market News Mahindra Finance launches car leasing and subscription business Mahindra & Mahindra Financial Services Ltd announced the launch of a lease-based vehicle subscription business for urban centres. The company is eyeing a business of Rs 10,000 crore from this segment in the next 3-5 years. Under the brand ‘Quiklyz’, Mahindra Finance will offer multi-brand vehicle leasing […] Written by marketfeed Team November 17, 2021April 21, 2022
Market News Top 10 News Tech Mahindra Reports 39% YoY Rise in Net Profit in Q1 – Top Indian Market News Tech Mahindra Q1 Results: Net profit rises 39% YoY to Rs 1,353 crore Tech Mahindra Ltd reported a 39.17% YoY increase in net profit to Rs 1,353.2 crore for the quarter ended June (Q1 FY22). Net profit has increased by 25.13% when compared to the previous quarter. Its revenue from operations rose 11.98% YoY to […] Written by marketfeed Team July 29, 2021April 21, 2022
Editorial Why Airtel Leads In Its Race Against Jio There was a time when India’s telecom industry had a vibrant spectrum. One could choose between at least 6-7 telecom operators. Things took a hit when Jio was launched in India. India’s telecom industry was now reduced to only three private players. They are Jio, Airtel, and VI(Vodafone Idea). Airtel and Vodafone-Idea are currently burdened […] Written by marketfeed Team May 20, 2021April 21, 2022
Editorial Telecom Spectrum Auctions: Explained Our government has conducted numerous telecom spectrum auctions over the past two decades. It is truly an interesting process by which major telecom companies attempt to expand their network capacities across India. The auctions also help the Centre to raise funds for various development activities. The much-awaited spectrum auction for a range of 4G airwaves […] Written by marketfeed Team March 4, 2021April 21, 2022
Market News Top 10 News Maruti Suzuki Q3 Profit Rises 24% YoY – Top Indian Market News Maruti Suzuki Q3 Results: Net profit rises 24% YoY to Rs 1,941 crore Maruti Suzuki India Ltd reported a 24% year-on-year (YoY) increase in net profit to Rs 1,941 crore for the quarter ended December (Q3). Its revenue from operations rose 13.3% YoY to Rs 23,458 crore during the same period. The company sold a […] Written by Cherian Varghese January 28, 2021January 28, 2021
Trending Reliance Loses Crown To HDFC Bank in the NIFTY 50 In other news, Reliance Industries Limited (RIL) has lost its position to HDFC Bank in terms of weightage in the NIFTY 50. HDFC Bank stocks have been rallying despite an RBI report on a possible spike in Gross NPAs. What led to the events? Let’s find out. Written by marketfeed Team January 13, 2021April 21, 2022
Trending Vodafone Idea increases Postpaid Tariffs Vi has increased their prices of Rs 598 and Rs 749 postpaid plans. The third largest telecom company in India has increased their prices of two postpaid plans by Rs 50. Considering their financial condition it is necessary for them to increase their Average Revenue Per User (ARPU). The ARPU of Vi is Rs 119 […] Written by marketfeed Team December 2, 2020April 21, 2022
Editorial Uncategorized Reliance Retail is Warming Up for a Sprint India’s retail market is estimated at Rs 60 Lakh Crores in FY 2019-20 and is expected to grow at a CAGR of 10% over the next 5 years to reach Rs 90 Lakh Crores by FY 2024-25. It accounts for around 10% of the country’s GDP. Only around 8-10% of the retail market is organised […] Written by marketfeed Team September 17, 2020April 21, 2022
Daily Market Feed Share Market Today – 16 June 2020 News Shots US FDA (Food and Drug Administration) revokes emergency use status of hydroxychloroquine drug touted by Trump for COVID-19. Zydus Cadila and IPCA, the largest producers of these drugs in the world, had benefited from the huge spike in demand. Joining the fund raising bandwagon, Shriram Transport Finance approved fund raising up to Rs […] Written by marketfeed Team June 16, 2020April 21, 2022
