Market News Top 10 News Bajaj Finance to Raise Rs 10,000Cr Via QIP, Preferential Issue – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bajaj Finance approves ₹10,000 crore fundraise via QIP, preferential issue Bajaj Finance Ltd’s board has approved a fundraise of up to ₹8,800 crore via a Qualified Institutional Placement (QIP). It has also approved raising up to ₹1,200 crore through a preferential issue […] Written by Ben Benny October 5, 2023October 5, 2023
Market News Top 10 News NCLT Approves ZEEL’s Merger With Sony – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NCLT approves ZEEL’s merger with Sony The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the merger scheme between Zee Entertainment Enterprises Ltd (ZEEL) with Culver Max Entertainment (Sony). The tribunal has also dismissed all objections regarding the merger. […] Written by Ben Benny August 10, 2023August 11, 2023
Market News Top 10 News PV Wholesales Rise 13.54% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Passenger vehicle wholesales rise 13.54% in May at 3.3 lakh units According to the Society of Indian Automobile Manufacturers (SIAM), wholesale domestic passenger vehicle (PV) sales in May increased by 13.54% YoY to 3,34,247 units, compared to 2,94,392 units in May FY22. […] Written by Ben Benny June 13, 2023June 13, 2023
Market News Top 10 News India Approves Rs 2,980Cr for Exploration of Coal and Lignite Scheme – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India approves Rs 2,980 crore for Exploration of Coal and Lignite scheme The union government has approved the continuation of the central sector plan ‘Exploration of Coal and Lignite scheme’ with an estimated expenditure of Rs 2,980 crore from FY 2021-22 to […] Written by Ben Benny June 7, 2023June 7, 2023
Market News Top 10 News India’s Manufacturing PMI Hits a 3-Month High in March – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s manufacturing PMI hits a three-month high of 56.4 in March India’s manufacturing sector expanded at its quickest pace in three months in March on improved output and new orders. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 56.4 […] Written by Cherian Varghese April 3, 2023April 3, 2023
Market News Top 10 News India’s GDP Growth Slows to 4.4% in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s GDP growth slows to 4.4% in Q3 India’s gross domestic product (GDP) for the October-December quarter (Q3 FY23) slowed down to 4.4%. The GDP had moderated to 6.3% in Q2 from 13.5% in Q1. GDP at Constant (2011-12) prices in Q3 […] Written by Cherian Varghese February 28, 2023February 28, 2023
Market News Top 10 News Adani Group to Acquire 29.2% Stake in NDTV – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group to acquire 29.2% stake in NDTV Adani Group’s media arm announced it will indirectly acquire a 29.18% stake in New Delhi Television Ltd (NDTV) and launch an open offer for another 26% stake in the media house. Three firms, Vishvapradhan […] Written by Cherian Varghese August 23, 2022August 23, 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 SpiceJet Settles Dispute With Credit Suisse – Top Indian Market News SpiceJet settles dispute with Credit Suisse SpiceJet Ltd has signed and concluded the settlement, consent term with Credit Suisse in a pending dispute. The settlement involves payment of a certain amount upfront and the balance amount over a mutually agreed timeline. The airline had already provided a bank guarantee of $5 million under the direction […] Written by marketfeed Team May 25, 2022May 25, 2022
Market News Top 10 News JSW Steel Output Rises 10% to 13.67 LT in May – Top Indian Market News JSW Steel output rises 10% to 13.67 LT in May JSW Steel Ltd reported a 10% YoY growth in crude steel production to 13.67 lakh tonne (LT) in May 2021. The company had produced 12.48 LT steel during the same month last year. Its output of flat-rolled products increased by 10% YoY to 9.99 LT […] Written by marketfeed Team June 10, 2021April 21, 2022
Market News Top 10 News India to Target 20% Ethanol Blending in Petrol by 2025, says PM Modi – Top Indian Market News India advances 20% ethanol blending in petrol to 2025: PM Modi Prime Minister Narendra Modi, on Saturday, said the target date for achieving 20% ethanol-blending with petrol has been advanced by five years to 2025 to cut pollution and reduce import dependence. The E100 pilot project related to the production and distribution of ethanol was […] Written by marketfeed Team June 5, 2021April 21, 2022
