Market News Top 10 News Adani Promoters Prepay Loans Worth ₹8,000Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani promoters prepay to ₹8,000Cr loans to release pledged shares Promoters of Adani Group will pre-pay loans worth $1,114 million for the release of pledged shares ahead of maturity in September 2024. The promoter’s early payment will help release 168.27 million shares […] Written by Cherian Varghese February 6, 2023February 6, 2023
Market News Top 10 News PVR Reports ₹71 crore Loss in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: PVR Q2 Results: Net loss at ₹71 crore PVR Ltd reported a net loss of ₹71.23 crore for the quarter ended September (Q2 FY23). It posted a net loss of ₹153.3 crore in the corresponding quarter last year (Q2 FY22). The multiplex […] Written by Cherian Varghese October 17, 2022October 17, 2022
Market News Top 10 News India’s Services PMI Falls into Contraction Territory in May – Top Indian Market News India’s services PMI falls into contraction territory in May India’s services sector activities slumped into contraction territory for the first time in eight months in May 2021. The deadlier second wave of the Covid-19 pandemic has led to muted domestic demand and a sharp decline in international orders. The IHS Markit India Services Purchasing Managers’ […] Written by marketfeed Team June 3, 2021April 21, 2022
Editorial Can Snowman Logistics Turn Around From Losses? Snowman Logistics is India’s first cold supply chain company with a nationwide network. It is also India’s leading integrated temperature-controlled logistics company. It was incorporated by Amalgam Foods Limited in 1993. They have more than 25 years of experience in serving their client’s needs related to cold storage, warehouse and transportation. Their rich list of […] Written by marketfeed Team May 2, 2021April 21, 2022
Editorial Logistics Firms That Could Benefit from Covid-19 Vaccines Over the past few weeks, the stocks of logistics firms have shown a huge rallly. As we know, these firms will provide the required support to distribute the Covid-19 vaccines in India. Here is a detailed analysis of six such logistic companies that could show a further rise in its share price, once pharma companies receive approval for their vaccines. Written by marketfeed Team December 11, 2020April 21, 2022
Market News Top 10 News Whistleblower Accuses UPL Promoters of Financial Fraud – Top Indian Market News Whistleblower accuses UPL promoters of financial fraud According to a report by ET Prime, a whistleblower has alleged that UPL’s promoters have siphoned off money. The whistleblower stated that UPL entered into rent deals with a shell company, which was owned by its employees. The report also states that the company paid crores in rent […] Written by marketfeed Team December 10, 2020April 21, 2022
Editorial Can Snowman Logistics Benefit From Covid-19? Covid-19 vaccine is under development in many countries. Some of them have even shown positive results. If the vaccine arrives by early next year, how will India distribute it? Snowman Logistics is the company which has gained all the attraction since Pfizer announced that their vaccine requires an ultra-cold chain of -70 degrees. Will Snowman Logistics lead India’s fight? Check it out here. Written by marketfeed Team December 4, 2020April 21, 2022
Editorial Stocks to Benefit from Potential Covid-19 Vaccines The Covid-19 pandemic has caused a deep impact on people’s livelihoods and health. The economic and social disruption caused by this unprecedented pandemic is devastating. As of November 24, official data from John Hopkins University shows that there are more than 59 million confirmed cases of Covid-19 worldwide. The only factor which keeps our spirits […] Written by marketfeed Team November 27, 2020April 21, 2022
Editorial The Pfizer Vaccine – All You Need to Know A major announcement from the United States on November 9 has completely lifted our hopes and spirits! Since March, scientists around the world have been working tirelessly towards creating an effective vaccine against the novel coronavirus. And now, drugmakers Pfizer and BioNTech have come out with a very positive result. The vaccine developed by the […] Written by Cherian Varghese November 12, 2020August 31, 2022