Market News Top 10 News RIL’s Net Profit Rises 19% YoY to Rs 19,299Cr – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Reliance Q4 Results: Net profit rises 19% YoY to Rs 19,299 crore Reliance Industries announced a 19% YoY increase in consolidated net profit to Rs 19,299 crore. Revenue is up 2% YoY to Rs 2.16 lakh crore. The company’s EBITDA in […] Written by Ben Benny April 21, 2023April 21, 2023
Market News Top 10 News WPI Falls to Over Two-Year Low of 3.85% in Feb – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wholesale inflation falls to over two-year low of 3.85% in Feb India’s Wholesale Price Index (WPI)-based inflation fell to a 25-month low of 3.85% in February 2023. WPI stood at 4.73% in Jan. The government has attributed the decline in inflation rate […] Written by Cherian Varghese March 14, 2023March 14, 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 PVR Reports First Profit After Two Years – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: PVR Q1 Results: Net profit at Rs 68 crore PVR Limited reported its first net profit after two Covid-hit years at Rs 68.3 crore for the quarter ended June (Q1 FY23). The multiplex operator had posted a net loss of Rs 142 […] Written by Cherian Varghese July 21, 2022July 22, 2022
Market News Top 10 News Govt to Sell 1.5% Stake in ONGC to Raise Rs 3,000 crore – Top Indian Market News Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 crore The Indian govt will sell up to 1.5% stake in Oil & Natural Gas Corporation Ltd (ONGC) to raise Rs 3,000 crore. The offer for sale (OFS) by the government will be open on March 30 and 31. The floor price […] Written by marketfeed Team March 29, 2022April 21, 2022
Market News Top 10 News Bharti Airtel to Acquire 4.7% Stake in Indus Towers – Top Indian Market News Bharti Airtel to acquire 4.7% stake in Indus Towers from Vodafone Plc Bharti Airtel Ltd has entered into an agreement to acquire a 4.7% stake in Indus Towers Ltd from British telecom giant Vodafone Plc. The block deal would be executed through Euro Pacific Securities, a Vodafone Group entity that holds a 7.59% stake in […] Written by marketfeed Team February 25, 2022April 21, 2022
Market News Top 10 News ZEEL, Sony Sign Definitive Merger Agreement – Top Indian Market News ZEEL, Sony sign definitive merger agreement Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) have signed definitive agreements to merge the two firms and combine their linear networks, digital assets, and program libraries. SPNI will hold a majority stake of 50.86% in the merged entity. The promoters of ZEEL will […] Written by marketfeed Team December 22, 2021April 21, 2022
Editorial Highway Infra Construction Firms: An Analysis As we know, the infrastructure sector has received a significant boost through the provisions of the Union Budget 2021-22. The Finance Ministry has allocated a whopping Rs 1.18 lakh crore towards the Ministry of Road Transport and Highways. This fund would be utilised for the launch of mega national highway projects across the states of […] Written by marketfeed Team March 23, 2021April 21, 2022
Market News Top 10 News Bharat Dynamics Signs Rs 1,188 crore Deal With Defence Ministry – Top Indian Market News Bharat Dynamics to supply 4,960 Milan-2T missiles to Indian Army The Ministry of Defence, on Friday, signed a Rs 1,188 crore deal with Bharat Dynamics Ltd (BDL) for the supply of 4,960 Milan 2T Anti-Tank Guided Missiles to the Indian Army. The missiles, having a range of 1,850 metres, can be fired from the ground […] Written by marketfeed Team March 19, 2021April 21, 2022
Market News Top 10 News Retail Inflation Rises to 5.03% in February – Top Indian Market News Retail inflation rises to 5.03% in February; IIP contracts 1.6% in January India’s retail inflation rose to its highest level in three months in February amidst a hike in food and fuel prices. Retail inflation (measured by the Consumer Price Index) stood at 5.03% in February, compared to 4.06% in January. Food inflation jumped to […] Written by marketfeed Team March 12, 2021April 21, 2022
Market News Top 10 News Nitin Gadkari Approves Proposal to Levy ‘Green Tax’ on Old Vehicles – Top Indian Market News Nitin Gadkari approves proposal to levy ‘Green Tax’ on old vehicles Union Minister for Road Transport and Highways Nitin Gadkari has approved a proposal to levy a ‘Green Tax’ on old vehicles that are polluting the environment. Transport vehicles older than eight years could be taxed at the rate of 10-25% of road tax. This […] Written by marketfeed Team January 25, 2021April 21, 2022
Market News Top 10 News India’s Manufacturing PMI Falls to 3-month Low – Top Indian Market News India’s manufacturing PMI falls to 3-month low Factory activity in India fell to its lowest in three months (in November), which reflects a slower increase in sales and production. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) has declined from 58.9 in October to 56.3 in November. PMI is a month-on-month calculation, and a […] Written by marketfeed Team December 1, 2020April 21, 2022
