Market News Top 10 News RIL May Sell 8-10% More in Rel Retail Ventures to Fund Expansion – Top Indian Market Updates Here are some of the major updates that could move the markets on Friday: RIL may sell 8-10% more in Rel Retail to fund expansion Reliance Industries is likely to sell another 8-10% stake in Reliance Retail Ventures Ltd (RRVL) to fund expansion, retire debt, and prepare for the initial public offering of its retail […] Written by Cherian Varghese August 25, 2023August 28, 2023
Market News Top 10 News Bata in Partnership Talks With Adidas For Indian Market – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bata in partnership talks with Adidas for Indian market According to a CNBC-TV18 report, Bata India is in talks with Adidas for a strategic partnership for the Indian market. This anticipated partnership is focused specifically on the Indian market. The primary objective […] Written by Ben Benny August 17, 2023August 18, 2023
Market News Top 10 News NCLT Approves HDFC-HDFC Bank Merger – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: HDFC-HDFC Bank merger gets NCLT approval The National Company Law Tribunal (NCLT) has given its approval to the HDFC-HDFC Bank merger. In April 2022, HDFC Bank agreed to take over the biggest domestic mortgage lender in a deal valued at about […] Written by Ben Benny March 17, 2023March 17, 2023
Market News Top 10 News Adani Group Pre-Pays Over Rs 7,350cr Worth Share-backed Financing – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group pre-pays over Rs 7,350cr worth share-backed financing Adani Group said it prepaid share-backed financing of ₹7,378 Crores ($901.16 mn) as part of its promoters’ commitment to cut overall leverage backed by shares of its listed companies. The group has been […] Written by Ben Benny March 7, 2023March 7, 2023
Market News Top 10 News ONGC to Invest $2 Billion in Mumbai Offshore – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ONGC to invest $2 billion in Mumbai offshore to raise oil, gas output Oil & Natural Gas Corporation (ONGC) is set to invest over $2 billion (₹16,500 crore) to drill a record 103 wells on its main gas-bearing asset in the Arabia […] Written by Cherian Varghese February 23, 2023February 23, 2023
Market News Top 10 News Reliance’s Net Profit Falls 15% YoY in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RIL Q3 Results: Net profit falls 14.8% YoY to ₹15,792 crores Reliance Industries Ltd (RIL) reported a 14.8% year-on-year (YoY) decline in consolidated net profit to ₹15,792 crores for the quarter ended December (Q3 FY23)— missing street estimates. Profit declined due […] Written by Cherian Varghese January 20, 2023January 21, 2023
Market News Top 10 News Retail Inflation Eases to 5.72% in Dec – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Retail inflation eases to 5.72% in December India’s retail inflation, measured by the Consumer Price Index (CPI), eased to a one-year low of 5.72% in December 2022. CPI stood at 5.88% in November and 6.77% in October 2022. Food inflation came in […] Written by Cherian Varghese January 12, 2023January 12, 2023
Market News Top 10 News Adani Group to Get Control of NDTV – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group to get NDTV control as promoters decide to sell bulk of their stake New Delhi Television Ltd’s (NDTV) founders Prannoy Roy and his wife Radhika Roy have decided to transfer most of their shares in the company to the Adani […] Written by Cherian Varghese December 23, 2022December 23, 2022
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
Editorial The ABG Shipyard Bank Fraud: All You Need to Know The Central Bureau of Investigation (CBI) has unearthed what is deemed to be India’s largest-ever case of bank fraud. The agency has booked ABG Shipyard Ltd, its former chairman, and other officials for allegedly defrauding a consortium of banks of over Rs 22,842 crore! In this article, learn all about the ABG Shipyard Ltd bank […] Written by marketfeed Team February 14, 2022April 21, 2022
Jargons What is Insolvency? How Do Companies Go Bankrupt? We often come across reports of companies being declared bankrupt or ‘insolvent’. We also see large investment firms or business groups entering into tough competition to acquire these insolvent companies. Recently, Piramal Capital acquired debt-ridden DHFL for Rs 34,250 crore! Let us have a detailed understanding of what insolvency means and look into the insolvency […] Written by Cherian Varghese March 22, 2021December 19, 2023
Editorial How Cox & Kings Promoters Trapped Investors Cox & Kings Limited (CKL) used to be one of India’s largest tour and travel operators. Many people in India and abroad would have used their services for land, air, and cruise bookings, hotel bookings, visa processing, and passport solutions. The Mumbai-based company was also a pioneer in outbound tourism, business travel, conferencing, trade fairs, […] Written by marketfeed Team March 11, 2021April 21, 2022
