Market News Top 10 News Zomato Posts Rs 36Cr Net Profit in Q2- Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Zomato Q2 Results: Net profit at ₹36 crore Zomato Ltd reported a net profit of ₹36 crore for the quarter ended September (Q2 FY24). The food delivery platform posted a net loss of ₹251 crore in the same period a year […] Written by Ben Benny November 3, 2023November 3, 2023
Market News Top 10 News HDFC to Merge With HDFC Bank – Top Indian Market News HDFC to merge with HDFC Bank The Board of Directors of Housing Development Finance Corporation Ltd (HDFC) has approved the merger of the company with HDFC Bank. For every 25 shares held in HDFC Ltd, shareholders will get 42 shares of HDFC Bank. Post the transaction, HDFC Bank will become a full-fledged public company. Existing […] Written by marketfeed Team April 4, 2022April 21, 2022
Market News Top 10 News PharmEasy to Acquire 66% Stake in Thyrocare – Top Indian Market News PharmEasy to acquire 66% stake in Thyrocare for Rs 4,546 crore PharmEasy, an Indian healthcare startup, will acquire a 66.1% stake in diagnostics solutions provider Thyrocare Technologies Ltd for Rs 4,546 crore. API Holdings Ltd, the parent company of PharmEasy, has signed definitive agreements to acquire a 66.1% stake at Rs 1,300 per share from […] Written by marketfeed Team June 25, 2021April 21, 2022
Market News Top 10 News World Bank Slashes India’s Growth Forecast to 8.3% for FY22 – Top Indian Market News World Bank slashes India’s growth forecast to 8.3% for FY22 The World Bank has lowered its growth forecast for India from 10.1% to 8.3% for the current financial year (FY22). It stated that recovery in India is being hampered by the largest outbreak of Covid-19 cases that any country has seen since the beginning of […] Written by marketfeed Team June 8, 2021April 21, 2022
Market News Top 10 News RBI Keeps Policy Rates Unchanged; Cuts FY22 GDP Forecast to 9.5% – Top Indian Market News RBI keeps policy rates unchanged, cuts FY22 GDP growth to 9.5% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%. The reverse repo rate will also remain unchanged at 3.35%. The central bank will maintain its ‘accommodative’ stance as long as necessary […] Written by marketfeed Team June 4, 2021April 21, 2022
