Market News Top 10 News Adani Enterprises’ Net Profit Rises 44% YoY to Rs 674Cr in Q1- Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Ent Q1 Results: Net profit rises 44% YoY to ₹674 crore Adani Enterprises reported a 44% YoY rise in consolidated net profit to ₹674 crore for the quarter ended June (Q1 FY24). However, its revenue from operations fell 38% YoY to […] Written by Ben Benny August 3, 2023August 4, 2023
Market News Top 10 News Zomato’s Net Loss Narrows to ₹251Cr in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Zomato Q2 Results: Net loss narrows to ₹251 crore Zomato Ltd reported a consolidated net loss of ₹251 crore for the quarter ended Sept (Q2 FY23). It posted a net loss of ₹430 crore in Q2 FY22. Its revenue from operations rose […] Written by Cherian Varghese November 10, 2022November 10, 2022
Market News Top 10 News LIC IPO May Get Pushed to FY23 – Top Indian Market News LIC IPO may get pushed to FY23 amid volatility The government may postpone Life Insurance Corporation’s (LIC) mega initial public offering (IPO) to the next financial year (FY23). The Centre is likely to hold a meeting to reassess the IPO timing amid market volatility due to the Russia-Ukraine war. On February 13, India’s largest life […] Written by marketfeed Team March 3, 2022April 21, 2022
Market News Top 10 News IDFC First Bank Reports 50% YoY Rise in Net Profit in Q2 – Top Indian Market News IDFC First Bank Q2 Results: Net profit rises 50% YoY to Rs 151 crore IDFC First Bank reported a 49.6% YoY increase in net profit to Rs 151.7 crore for the quarter ended September (Q2 FY22). Its net interest income (NII) rose 27.4% YoY to Rs 2,722 crore during the same period. [NII is the […] Written by marketfeed Team October 30, 2021April 21, 2022
Market News Top 10 News Berger Paints Reports 2x Jump in Net Profit in Q4 – Top Indian Market News Berger Paints Q4 Results: Net profit rises 101% YoY to Rs 209 crore Berger Paints India Ltd reported a 101% YoY increase in consolidated net profit to Rs 208.60 crore for the quarter ended March (Q4). Net profit has declined by 24% when compared to the previous quarter. Its revenue from operations rose 49.5% YoY […] Written by marketfeed Team May 26, 2021April 21, 2022
Market News Top 10 News Zomato to Raise Rs 8,250 crore via IPO – Top Indian Market News Zomato to raise Rs 8,250 crore via IPO Foodtech platform Zomato has filed a Draft Red Herring Prospectus (DRHP) with market regulator SEBI, proposing an initial public offering (IPO) of Rs 8,250 crore. The IPO will consist of a fresh issue of equity shares worth Rs 7,500 crore and an offer for sale (OFS) of […] Written by marketfeed Team April 28, 2021April 21, 2022
Market News Top 10 News Zydus Cadila’s ‘Virafin’ Gets DCGI Approval – Top Indian Market News Zydus Cadila’s ‘Virafin’ gets DCGI approval for treatment of moderate Covid-19 cases Zydus Cadila announced that it has received restricted emergency use approval from the Drugs Controller General of India (DCGI) to use antiviral drug ‘Virafin’ (Pegylated Interferon alpha-2b) for the treatment of moderate Covid-19 infections. Virafin will help Covid-19 patients recover faster and avoid […] Written by marketfeed Team April 23, 2021April 21, 2022
Market News Top 10 News Loan Moratorium Cannot be Extended, says Supreme Court – Top Indian Market News Loan moratorium cannot be extended: Supreme Court The Supreme Court (SC), on Tuesday, refused to extend the six-month loan moratorium period offered by the Reserve Bank of India (RBI) last year, saying that it is a ‘policy decision’ on the part of the Central government and RBI. The SC also said that a complete waiver […] Written by marketfeed Team March 23, 2021April 21, 2022
Market News Top 10 News CCI Approves Flipkart-Aditya Birla Fashion Deal – Top Indian Market News Flipkart-Aditya Birla Fashion deal gets approval from CCI The Competition Commission of India (CCI) has approved the Rs 1,500 crore deal between Flipkart and Aditya Birla Fashion. Flipkart Investments Private Ltd will acquire a 7.8% minority stake in Aditya Birla Fashion and Retail Ltd (ABFRL). ABFRL plans to use the funds to strengthen its balance […] Written by marketfeed Team January 20, 2021April 21, 2022
