Market News Top 10 News RBI Imposes Rs 2.5Cr Fine on L&T Finance – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI imposes ₹2.5 crore fine on L&T Finance The Reserve Bank of India (RBI) has imposed a penalty of ₹2.5 crore on L&T Finance Ltd for non-compliance with certain norms concerning non-banking financial companies (NBFCs). The RBI reported that the NBFC did […] Written by Ben Benny October 20, 2023October 20, 2023
Market News Top 10 News L&T Wins Multibillion-Dollar Order From Saudi Aramco – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: L&T wins multi-billion-dollar order from Saudi Aramco Larsen & Toubro (L&T) has secured a multi-billion dollar worth contract from Saudi Aramco. The combined value of the order win is estimated at $3.9 billion. According to MEED (formerly Middle East Economic Digest), L&T […] Written by Ben Benny September 7, 2023September 7, 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 ITC to Demerge Hotels Business – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ITC board gives in-principle approval for demerger of hotels business The board of FMCG major ITC has given in-principle approval for the demerger of its hotel business. Under the new scheme, ITC would hold around 40% stake and the balance will be […] Written by Cherian Varghese July 24, 2023July 24, 2023
Market News Top 10 News Wipro’s Net Profit Rises 12% YoY to Rs 2,870Cr in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wipro Q1 Results: PAT rises 12% YoY to Rs 2,870 crore Wipro reported a 12% YoY rise in consolidated net profit to ₹2,870 crore for the quarter ended June (Q1 FY24). The company’s operating revenue stood at ₹22,831 crore, up 6% YoY. […] Written by Ben Benny July 13, 2023July 13, 2023
Market News Top 10 News Indian Oil Corp to Consider Fundraising via Rights Issue – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Indian Oil board to consider fundraising via rights issue Indian Oil Corporation Ltd’s (IOCL) board of directors will consider fundraising plans through a rights issue of equity shares. The proposed rights issue is seen as strengthening its capex spending and the […] Written by Ben Benny July 7, 2023July 9, 2023
Market News Top 10 News NTPC Commissions Green Coal Plant in Varanasi – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NTPC commissions green coal plant in Varanasi NTPC Ltd has commissioned a first-of-its-kind commercial green coal project in Varanasi, which will make torrefied charcoal from municipal waste. The total capacity of this plant after installation of all three modules shall be 600 […] Written by Cherian Varghese March 16, 2023March 16, 2023
