Market News Top 10 News Ambani Says Indian Economy to Hit $40 Trillion by 2047 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Mukesh Ambani says Indian economy to grow 13-fold to $40 trillion by 2047 Reliance Industries Ltd’s Mukesh Ambani said India is likely to become a $40 trillion economy by 2047— a 13-fold jump from its current size. “Three game-changing revolutions will govern […] Written by Cherian Varghese November 22, 2022November 22, 2022
Market News Top 10 News Bharti Airtel to Reduce Debt, Fuel Growth With Rs 21,000 crore Fund Raise – Top Indian Market News Bharti Airtel to reduce debt, fuel growth with Rs 21,000 crore capital raise Bharti Airtel founder-chairman Sunil Mittal said the telecom operator aims to improve its access to growth capital and reduce debt leverage. He said the company has been “loaded with extraordinary debt” and will not shy away from raising tariffs. During an investor […] Written by marketfeed Team August 30, 2021April 21, 2022
Market News Top 10 News CCI Imposes Rs 200 crore Penalty on Maruti Suzuki – Top Indian Market News CCI imposes Rs 200 crore penalty on Maruti Suzuki over dealer discount policy The Competition Commission of India (CCI) has imposed a penalty of Rs 200 crore on Maruti Suzuki India Ltd for indulging in anti-competitive practices by restricting discounts offered by its dealers. It was revealed that the automaker had employed mystery shopping agencies […] Written by marketfeed Team August 23, 2021April 21, 2022
Market News Top 10 News Zydus Cadila’s ZyCoV-D Gets Emergency Use Approval in India – Top Indian Market News Zydus Cadila’s ZyCoV-D gets emergency use authorisation in India The Subject Expert Committee (SEC) of Central Drugs Standard Control Organisation (CDSCO) has recommended the Emergency Use Authorization (EUA) for Zydus Cadila’s Covid-19 vaccine, ZyCoV-D, in India. The three-dose vaccine is applied using a needle-free system known as Tropis, which can also lead to a significant […] Written by marketfeed Team August 20, 2021April 21, 2022
Market News Top 10 News MobiKwik Files DRHP For Rs 1,900 crore IPO – Top Indian Market News MobiKwik files DRHP for Rs 1,900 crore IPO Digital payments firm MobiKwik has filed a Draft Red Herring Prospectus (DRHP) with market regulator SEBI to raise Rs 1,900 crore via an initial public offering (IPO). The IPO consists of a fresh issue of shares worth Rs 1,500 crore and an offer for sale (OFS) of […] Written by marketfeed Team July 12, 2021April 21, 2022
Market News Top 10 News HDFC Reports 42% YoY Rise in Net Profit in Q4 – Top Indian Market News HDFC Q4 Results: Net profit rises 42% YoY to Rs 3,180 crore Housing Development Finance Corporation (HDFC) reported a 42% YoY increase in net profit to Rs 3,180 crore for the quarter ended March (Q4). On a quarterly basis, net profit has increased by 8.7%. Net interest income (NII) rose 14% YoY to Rs 4,065 crore […] Written by marketfeed Team May 7, 2021April 21, 2022