Market News Top 10 News Adani Ports Secures $3 billion Port Project in West Bengal – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Ports secures $3 billion port project in West Bengal Adani Ports & Special Economic Zone (APSEZ) will develop the Tajpur deep sea port in West Bengal at a planned investment of $3.1 billion (~₹24,775 crore). The local government expects to create […] Written by Cherian Varghese September 21, 2022September 21, 2022
Market News Top 10 News JSW Steel to Invest $1.2 billion to Cut Carbon Emissions – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: JSW Steel to invest $1.2 billion to cut carbon emissions JSW Steel Ltd will collaborate with Germany-based SMS Group and invest $1.26 billion (~₹10,010 crore) to cut down carbon emissions at its manufacturing plants. SMS group will provide its technology experts, design, […] Written by Cherian Varghese September 13, 2022September 13, 2022
Market News Top 10 News India’s Services PMI Hits 11-Year High in June – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s services PMI hits 11-year high in June Services activity in India expanded at the fastest pace in 11 years in June 2022. The S&P Global India Services Purchasing Managers’ Index (PMI) stood at 59.2 in June, compared to 58.9 in May. […] Written by Cherian Varghese July 5, 2022July 5, 2022
Market News Top 10 News Adani Green Energy Raises $288M for RE Projects – Top Indian Market News Adani Green Energy raises $288 million for RE projects Adani Green Energy Ltd (AGEL) has raised $288 million (~Rs 2,188 crore ) for the construction of its renewable energy (RE) projects. The funds will initially finance the 450 megawatts (MW) hybrid portfolio of solar and wind RE projects that AGEL is setting up in Rajasthan. […] Written by marketfeed Team March 21, 2022April 21, 2022
Market News Top 10 News UltraTech Cement Posts 8% YoY Rise in Net Profit in Q3 – Top Indian Market News UltraTech Cement Q3 Results: Net profit rises 8% YoY to Rs 1,708 crore UltraTech Cement Ltd reported a 7.8% YoY increase in consolidated net profit to Rs 1,708 crore for the quarter ended December (Q3 FY22). Net profit increased 31% when compared to the previous quarter. Its revenue from operations rose 5.89% YoY (or 8% […] Written by marketfeed Team January 17, 2022April 21, 2022
Market News Top 10 News Tata Steel’s Output Grows 2% YoY to 7.68 MT in Q3 – Top Indian Market News Tata Steel’s output grows 2% YoY to 7.68 MT in Q3 Tata Steel Ltd reported a 2% YoY rise in consolidated steel output to 7.68 million tonnes (MT) for the October-December period (Q3 FY22). Consolidated sales fell 3% YoY to 6.88 MT during the same period. Tata Steel produced 4.80 MT of steel in Q3 […] Written by marketfeed Team January 7, 2022April 21, 2022
Market News Top 10 News CCI Suspends Amazon’s 2019 Deal With Future Group – Top Indian Market News CCI suspends Amazon’s 2019 deal with Future Group citing suppression of information The Competition Commission of India (CCI) has suspended Amazon.com, Inc’s 2019 deal with Future Group following a review of allegations that the e-commerce giant had concealed information while seeking regulatory approval. CCI has also imposed a penalty of Rs 200 crore on Amazon. […] Written by marketfeed Team December 17, 2021April 21, 2022
Market News Top 10 News WPI Inflation Hits Five-Month High of 12.54% in October – Top Indian Market News WPI inflation hits five-month high of 12.54% in October India’s wholesale inflation accelerated to a five-month high at 12.54% in October 2021. The wholesale price index (WPI) grew 10.66% in September and 1.31% in October 2020. The high rate of inflation is primarily due to the rise in prices of mineral oils, basic metals, food […] Written by marketfeed Team November 15, 2021April 21, 2022
Market News Top 10 News Retail Inflation Rises to 4.48% in October – Top Indian Market News Retail inflation rises marginally to 4.48% in October India’s retail inflation, as measured by the Consumer Price Index (CPI), rose marginally to 4.48% in October from 4.35% in September. This is the fourth successive month that the CPI data has come below the Reserve Bank of India’s (RBI) upper margin of 6%. Food inflation has […] Written by marketfeed Team November 12, 2021April 21, 2022
Market News Top 10 News Sun Pharma Reports 62% QoQ Rise in Net Profit in Q1 – Top Indian Market News Sun Pharma Q1 Results: Net profit rises 62% QoQ to Rs 1,444 crore Sun Pharmaceutical Industries reported a 62% quarter-on-quarter (QoQ) increase in net profit to Rs 1,444.17 crore for the quarter ended June (Q1 FY22). It had posted a net loss of Rs 1,655.6 crore in the corresponding quarter last year (Q1 FY21). Its […] Written by marketfeed Team July 30, 2021April 21, 2022
Market News Top 10 News Vedanta Reports 95% QoQ Rise in Net Profit in Q4 – Top Indian Market News Vedanta Q4 Results: Net profit rises 95% QoQ to Rs 6,432 crore Vedanta Limited reported a 95% quarter-on-quarter (QoQ) increase in net profit to Rs 6,432 crore for the quarter ended March (Q4). Its net sales rose 24% QoQ to Rs 28,206 crore during the same period. This revenue growth was aided by a rise […] Written by marketfeed Team May 13, 2021April 21, 2022
Market News Top 10 News ICICI Securities’ Net Profit Jumps Two-Fold in Q4 – Top Indian Market News ICICI Securities Q4 Results: Net profit jumps two-fold to Rs 329 crore ICICI Securities Limited reported over a two-fold year-on-year (YoY) increase in net profit to Rs 329 crore for the quarter ended March (Q4). Its revenue jumped 53% YoY to Rs 739 crore during the same period. The revenue growth was supported by a […] Written by marketfeed Team April 21, 2021April 21, 2022
