Market News Top 10 News HDFC Bank’s Net Profit Rises 30% YoY to Rs 11,952Cr in Q1- Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HDFC Bank Q1 Results: Net profit jumps 30% YoY to Rs 11,952 crore HDFC Bank reported a 30% YoY jump in net profit to ₹11,952 crore for the quarter ended June (Q1 FY24); meeting street estimates. The total income for the quarter […] Written by Ben Benny July 17, 2023July 17, 2023
Market News Top 10 News Adani Ports’ Net Profit Rises 5% YoY to Rs 1,159Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Ports Q4 Results: Net profit rises 5% YoY to Rs 1,159 crore Adani Ports reported a 5% YoY increase in consolidated net profit to Rs 1,159 crore for the quarter ended March (Q4 FY23). Its consolidated revenue rose 40% YoY to […] Written by Ben Benny May 30, 2023May 31, 2023
Editorial How Patanjali Bought Ruchi Soya For Free Ruchi Soya Industries is a company that was technically valued at zero for a while but was soon valued at thousands of crores. The company faced extreme financial doldrums and was dragged to insolvency court by its creditors. Two companies placed bids to buy Ruchi Soya— Patanjali and Adani Wilmar. Patanjali won the bid and […] Written by Maarg Vaidya May 6, 2022January 16, 2024
Editorial What is Happening Between SEBI and Ruchi Soya? The share price of Ruchi Soya Industries Ltd has been highly volatile lately. The Patanjali-owned company’s Follow on Public Offer (FPO) has come under the scanner of India’s stock market regulator. In this article, we discuss the recent developments surrounding Ruchi Soya’s FPO and why SEBI has taken strict action against the FMCG firm. Ruchi […] Written by Cherian Varghese April 1, 2022August 1, 2022
Editorial The Honey Scam – All You Need to Know The people of India has fallen prey to another scam. This time, it is a food item that boosts our immunity- Honey! An investigation by CSE has confirmed that brands such as Dabur and Patanjali have been selling adulterated honey. Learn more about the shocking revelations made by CSE, and much more. Written by marketfeed Team December 7, 2020April 21, 2022
Editorial Who is Murari Lal Jalan, the Mystery Man in Jet Airways Revival Plan? On 17th October, the partnership consisting of Kalrock Capital and Murari Lal Jalan won the bid to revive Jet Airways. The troubled airline will finally be able to fly the skies again after more than a year, by initially kickstarting domestic flights. However, this will have to wait, as all the required formalities have to […] Written by Cherian Varghese October 23, 2020August 31, 2022
