Market News Top 10 News MCA Issues Inspection Order Against Shree Cement – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: MCA issues inspection order against Shree Cement According to a CNBC TV18 report, the Ministry of Corporate Affairs (MCA) has issued an inspection order against Shree Cement. The order has been issued due to issues concerning related party transactions, corporate governance matters, […] Written by Ben Benny July 11, 2023July 11, 2023
Market News Top 10 News L&T Wins Major Contracts For its Hydrocarbon Biz – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: L&T wins major contracts for its hydrocarbon business Larsen & Toubro Ltd’s hydrocarbon business (LTEH) has secured multiple offshore orders (in the range of ₹5,000-7,000 crore) from an overseas client. The scope of work comprises engineering, procurement, construction and installation of offshore […] Written by Cherian Varghese March 21, 2023March 21, 2023
Market News Top 10 News NCLT Approves HDFC-HDFC Bank Merger – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: HDFC-HDFC Bank merger gets NCLT approval The National Company Law Tribunal (NCLT) has given its approval to the HDFC-HDFC Bank merger. In April 2022, HDFC Bank agreed to take over the biggest domestic mortgage lender in a deal valued at about […] Written by Ben Benny March 17, 2023March 17, 2023
Market News Top 10 News Retail Inflation Eases to 5.88% in Nov – Top Indian Market Updates India's retail inflation eased to an 11-month low of 5.88% in November on an annual basis. Here are some of the major updates that could move the markets tomorrow. Written by Cherian Varghese December 12, 2022December 12, 2022
Market News Top 10 News India’s GDP Growth Slows to 6.3% in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s GDP growth slows to 6.3% in Q2 India’s gross domestic product (GDP) grew by 6.3% YoY during the July-September quarter (Q2 FY23). The GDP had expanded by 8.4% in Q2 FY22. Nominal GDP or GDP at current prices in Q2 FY23 […] Written by Ben Benny November 30, 2022November 30, 2022
Market News Top 10 News Tata Group, SIA to Merge Air India With Vistara by 2024 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Tata Group, SIA to merge Air India with Vistara by 2024 Singapore Airlines (SIA) and Tata Sons have agreed to merge Air India and Vistara. SIA will secure a 25.1% stake in the merged entity at an investment of ₹2,058.5 crore. This […] Written by Cherian Varghese November 29, 2022November 29, 2022
Market News Top 10 News PVR to Invest ₹350cr for 100 New Screens in FY23 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: PVR to invest ₹350 crore for 100 new screens in FY23 PVR Limited will invest up to ₹350 crore to open 100 new screens in the current financial year (FY23). The investments will be funded by cash balances from internal accruals and […] Written by Cherian Varghese September 26, 2022September 26, 2022
Market News Top 10 News Equity Mutual Fund Inflows Hit 10-Month Low in August – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Equity mutual fund inflows hit 10-month low in August Data released by the Association of Mutual Funds in India (AMFI) showed that Inflows into equity mutual funds fell 31% YoY to ₹6,119.58 crore in August. Investors continued to withdraw money amidst […] Written by Cherian Varghese September 9, 2022September 12, 2022
Market News Top 10 News Adani Green Energy Raises $288M for RE Projects – Top Indian Market News Adani Green Energy raises $288 million for RE projects Adani Green Energy Ltd (AGEL) has raised $288 million (~Rs 2,188 crore ) for the construction of its renewable energy (RE) projects. The funds will initially finance the 450 megawatts (MW) hybrid portfolio of solar and wind RE projects that AGEL is setting up in Rajasthan. […] Written by marketfeed Team March 21, 2022April 21, 2022
Market News Top 10 News Oil India to Set Up Green Hydrogen Plant in Assam – Top Indian Market News Oil India to set up green hydrogen plant in Assam Oil India Ltd (OIL) has announced plans to set up a plant to manufacture green hydrogen at its Jorhat oilfield in Assam. The hydrogen generated from the plant will be blended with natural gas using existing infrastructure. Hydrogen, being the cleanest form of energy, is […] Written by marketfeed Team December 27, 2021April 21, 2022
Market News Top 10 News ITC to Acquire 16% Stake in D2C Brand Mother Sparsh – Top Indian Market News ITC to acquire 16% stake in D2C brand Mother Sparsh ITC Limited has announced plans to acquire a 16% stake in Mother Sparsh for Rs 20 crore through a share subscription agreement. Mother Sparsh is a direct-to-consumer (D2C) Ayurvedic and natural personal care brand that focuses on mother and baby care segments. ITC said the […] Written by marketfeed Team November 26, 2021April 21, 2022
Market News Top 10 News India to Export 8 million Covid-19 Vaccine Doses in October – Top Indian Market News India to export 8 million Covid-19 vaccine doses in October India will export eight million Covid-19 vaccine doses by the end of October after ending its ban on sending doses abroad. Prime Minister Narendra Modi has promised to resume exports of vaccines at a meeting of the ‘Quad’ leaders, as India, Japan, Australia, and the […] Written by marketfeed Team September 25, 2021April 21, 2022