Market News Top 10 News Reliance Brands Buys Majority Rights of Superdry IP – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RIL, Superdry signs JV for IP in India, Bangladesh, and Sri Lanka Reliance Brands Ltd’s (RBL) subsidiary, Reliance Brands Holding UK Ltd (RBUK), has signed a £40 million joint venture (JV) agreement with Superdry Plc. The JV is for the sale of […] Written by Ben Benny October 4, 2023October 4, 2023
Market News Top 10 News Reliance Industries Posts Q2 Results – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RIL Q2 Results: Net profit flat at ₹13,656 crore Reliance Industries Ltd (RIL) reported a 0.17% YoY (or 24% QoQ) decline in consolidated net profit to ₹13,656 crore for the quarter ended Sept (Q2 FY23). Its revenue from operations rose 33.7% […] Written by Cherian Varghese October 21, 2022October 21, 2022
Market News Top 10 News RIL Reports 46% YoY Rise in Q1 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RIL Q1 Results: Net profit rises 46% YoY to Rs 17,955 crore Reliance Industries Ltd (RIL) reported a 46.29% YoY increase in consolidated net profit to Rs 17,955 crore for the quarter ended June (Q1 FY23). Its revenue from operations grew 54.5% […] Written by Cherian Varghese July 22, 2022July 25, 2022
Market News Top 10 News JSW Steel’s Net Profit Falls 20% YoY to Rs 3,343 crore in Q4 – Top Indian Market News JSW Steel Q4 Results: Net profit falls 20% YoY to Rs 3,343 crore JSW Steel Ltd reported a 20.2% YoY decline in consolidated net profit to Rs 3,343 crore for the quarter ended March (Q4 FY22). Its total income rose 73% YoY to Rs 47,128 crore during the same period. Expenses surged 98.9% YoY to […] Written by marketfeed Team May 27, 2022May 28, 2022
Editorial What is Mukesh Ambani’s Succession Plan for Reliance? Mukesh Ambani has played a pivotal role in Reliance Industries Ltd’s (RIL) multi-fold and aspirational growth into India’s largest conglomerate. His company has established a dominant presence in key sectors, making it a vital entity for the development of our country. In recent years, their fortune and influence have flourished to new heights. The business […] Written by marketfeed Team January 3, 2022April 21, 2022
Editorial Reliance Q2 Results: A Quick & Easy Analysis India’s largest company by market capitalization, Reliance Industries Ltd (RIL), has declared its second-quarter results for FY22. The conglomerate reported total revenue from operations of Rs 1,74,104 crore, an increase of 50% year-on-year (YoY). RIL’s net profit increased by a massive 43% YoY (or 11% QoQ) to Rs 13,680 crore. The figures have beaten all […] Written by marketfeed Team October 24, 2021April 21, 2022
Market News Top 10 News Govt to Establish National Bank for Infra Investments – Top Indian Market News Govt in the process of setting up National Infra Bank: Finance Minister Union Finance Minister, Nirmala Sitharaman, said that the government is in the process of setting up a national bank for funding infrastructure investments. She stated that creating institutional structures, big thrust on monetising assets, and enhancing the share of capital expenditure in central […] Written by marketfeed Team March 20, 2021April 21, 2022
Market News Top 10 News SII Seeks Emergency Use Authorisation for Covidshield – Top Indian Market News Serum Institute seeks emergency use authorisation of Covidshield in India The Serum Institute of India (SII) has sought approval from the Drugs Controller General of India (DCGI) for emergency use authorisation (EUA) of the AstraZeneca-Oxford vaccine, Covidshield, in the country. It is the second firm, after Pfizer, to seek EUA approval from the Indian drug […] Written by marketfeed Team December 7, 2020April 21, 2022
Editorial Reliance: Where does the money come from? Legacy Dhirubhai Ambani, who gave birth to Reliance, started his mission in 1957 with a small 500 sq. ft. office. He developed a little yarn trading business but always dreamt of establishing India’s largest company. In 1977, Reliance Textile Industries’ IPO was subscribed over 7 times thus, giving a major financial and morale boost to […] Written by marketfeed Team August 6, 2020April 21, 2022
Market News RIL Q1 results: 31% rise in YoY profits; beats all estimates Tough quarter? Not for Mr. Mukesh Ambani and RIL! Reliance Industries (RIL) declared their Q1 FY21 results on Thursday. They have reported a consolidated net profit of Rs 13,233 crore which is 31% higher than Rs 10,141 announced in the same quarter last year. Street estimated that it will be a tough quarter for RIL […] Written by marketfeed Team July 30, 2020April 21, 2022
