Market News Top 10 News LTTS Posts 22% YoY Rise in Net Profit in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: LTTS Q2 Results: Net profit rises 22% YoY to ₹282 crore L&T Technology Services (LTTS) reported a 22.7% YoY increase in consolidated net profit to ₹282.4 crore for the quarter ended Sept (Q2 FY23). Its revenue from operations rose 24% YoY to […] Written by Cherian Varghese October 18, 2022October 19, 2022
Market News Top 10 News RBI Hikes Repo Rate by 50 bps to 5.9% – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RBI hikes repo rate by 50 bps to 5.9% The Reserve Bank of India (RBI) has hiked the repo rate by 50 basis points (bps) to 5.90% to control high inflation rates. This is the fourth straight increase in the current […] Written by Cherian Varghese September 30, 2022September 30, 2022
Market News Top 10 News RIL to Roll Out 5G Services by Diwali – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RIL to launch 5G services by Diwali; reveals ₹75,000 crore investment in petchem Reliance Industries Ltd (RIL) has laid out a ₹2 lakh crore plan to launch the next generation (5G) of wireless services in India within two months. The company aims […] Written by Cherian Varghese August 29, 2022August 29, 2022
Editorial An Analysis of India’s Booming AI Industry We live in a world where intelligent computers or machines recognise and interact with human speech and objects. It can even strategise and solve problems like humans. Smartphones, banking systems, and social media platforms are able to analyse our behaviour patterns and help enhance the quality of everyday life. Self-driving or autonomous cars are finally […] Written by Cherian Varghese July 25, 2022July 25, 2022
Market News Top 10 News Federal Bank Posts 64% YoY Rise in Q1 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Federal Bank Q1 Results: Net profit rises 64% YoY to Rs 601 crore Federal Bank reported a 63.5% YoY increase in net profit to Rs 600.66 crore for the quarter ended June (Q1 FY23). Its net interest income (NII) grew 13% YoY […] Written by Cherian Varghese July 15, 2022July 15, 2022
Market News Top 10 News Mukesh Ambani Resigns as Director of Reliance Jio – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Mukesh Ambani resigns as director of Reliance Jio Mukesh Ambani has resigned from the board of his group’s telecom arm, Reliance Jio Infocomm Ltd. He has handed over the reins of the company to his elder son Akash. In a stock exchange […] Written by Cherian Varghese June 28, 2022June 28, 2022
Market News Top 10 News Future Retail to Take Action to Reverse RIL’s Store Takeovers – Top Indian Market News Will act to reverse store takeovers by Reliance: Future Retail Future Retail Ltd (FRL) accused Reliance Industries Ltd (RIL) of forcefully taking over stores and asserted that it did not hand over any of its retail units to the conglomerate. FRL’s board is committed to taking necessary action to seek value adjustments and reversal of […] Written by marketfeed Team March 16, 2022April 21, 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 Bajaj Finance’s Net Profit Rises 85% YoY in Q3 – Top Indian Market News Bajaj Finance Q3 Results: Net profit rises 85% YoY to Rs 2,125 crore Bajaj Finance Ltd reported an 85% YoY increase in consolidated net profit to Rs 2,125 crore for the quarter ended December (Q3 FY22). Its net interest income (NII) rose 40% YoY to Rs 6,000 crore during the same period. The gross non-performing […] Written by marketfeed Team January 18, 2022April 21, 2022
Market News Top 10 News OIL Reports 111% YoY Jump in Net Profit in Q2 – Top Indian Market News Oil India Q2 Results: Net profit jumps 111% YoY to Rs 504.46 crore Oil India Limited (OIL) reported a 111% YoY jump in net profit to Rs 504.46 crore for the quarter ended September (Q2 FY22). Its turnover rose 52.8% YoY to Rs 3,311.18 crore during the same period. EBITDA stood at Rs 1,290.99 crore […] Written by marketfeed Team November 10, 2021April 21, 2022
Market News Top 10 News HUL Posts 9% YoY Rise in Net Profit in Q2 – Top Indian Market News HUL Q2 Results: Net profit rises 9% YoY to Rs 2,187 crore Hindustan Unilever Ltd (HUL) reported a 9% year-on-year (YoY) increase in net profit to Rs 2,187 crore for the quarter ended September (Q2 FY22). Its revenue from operations rose 11.2% YoY to Rs 12,724 crore during the same period. The company’s domestic consumer […] Written by marketfeed Team October 19, 2021April 21, 2022
