Market News Top 10 News GQG Partners, Others Invest Nearly $1 Billion in Adani Group – Top Indian Market Updates Here are some of the major updates that could move the markets on Friday: GQG Partners, others invest nearly $1 billion in Adani Group stocks US-based investment firm GQG Partners and other investors have bought close to $1 billion (₹8,200 crore) of additional stakes in Adani Group companies. GQG increased its holding in Adani Enterprises […] Written by Ben Benny June 28, 2023June 28, 2023
Market News Top 10 News RBI Pauses Interest Rate Hike – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI keeps repo rate unchanged at 6.5% The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5%. The RBI’s Monetary Policy Committee (MPC) unanimously decided to maintain the repo rate at its current level, with a majority of […] Written by Cherian Varghese April 6, 2023April 6, 2023
Market News Top 10 News Retail Inflation Eases to 3-Month Low of 6.77% in Oct – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Retail inflation eases to 3-month low of 6.77% in Oct India’s retail inflation, measured by the Consumer Price Index (CPI), fell to a three-month low of 6.77% in the month of October. The retail inflation in September stood at 7.41%. Inflation in […] Written by Cherian Varghese November 14, 2022November 14, 2022
Editorial Q2 Result Analysis: Tata Steel Net Profit Soars 660% YoY Tata Steel, the steel giant, saw incredible growth this quarter in terms of profits, Q2FY22. In the second quarter, the steelmaker saw its revenue grow by ~62% YoY and ~13% QoQ. The revenue growth eventually resulted in a whopping ~660% growth over a year. In the current quarter, Q2FY22, the company scored a net profit […] Written by marketfeed Team November 16, 2021April 21, 2022
Editorial TATA Takes Back Air India. What’s Next? On October 8, Puhin Kent Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM) announced that Tata Sons had won the bid for debt-laden Air India. The news has taken the aviation industry by storm. The airline has returned to the Tata Group after 68 years! In this editorial, we dive into […] Written by marketfeed Team October 11, 2021April 21, 2022
Editorial TCS Q3 Results Analysis India’s largest IT company, Tata Consultancy Services (TCS), reported better-than-expected results for the quarter ended December 2020 (Q3). In fact, it was the firms’ strongest third-quarter result in nine years. Despite the negative effects of the Covid-19 pandemic, TCS has been able to comfortably secure its market share in the IT industry. Let us dive […] Written by marketfeed Team January 12, 2021April 21, 2022
Market News Top 10 News Covid-19 Expert Panel Recommends SII’s Covishield for Emergency Use – Top Indian Market News Covid-19 expert panel recommends SII’s Covishield for emergency use The Subject Expert Committee (SEC) on Covid-19 of the Central Drugs Standard Control Organisation (CDSCO) has recommended granting emergency use authorisation (EUA) for ‘Covishield’, a Covid-19 vaccine developed by Oxford University and AstraZeneca. The Pune-based Serum Institute of India (SII) has tied up with AstraZeneca to […] Written by marketfeed Team January 1, 2021April 21, 2022
Market News Top 10 News DBS Completes Takeover of Lakshmi Vilas Bank – Top Indian Market News DBS completes takeover of Lakshmi Vilas Bank Singapore-based DBS Group, on Monday, stated that its Indian subsidiary- DBS Bank India- has completed the takeover of distressed Lakshmi Vilas Bank (LVB). LVB’s banking services have been restored, with all branches, digital channels, and ATMs functioning as usual. The interest rates on savings bank accounts and fixed […] Written by marketfeed Team November 30, 2020April 21, 2022
Editorial Mistrys Cut Business Vows with the Tatas After 70 Years of Legacy A few days back, Shapoorji Pallonji Group decided to sell off its 18.4% stake in Tata Sons. The Shapoorji Pallonji Group(SP Group) is headed by Pallonji Mistry and his son, ex-Tata Chairman Cyrus Mistry. The Mistrys and Tatas have been associated with each other for the past 70 years. Their relationship has turned sour in […] Written by marketfeed Team October 10, 2020April 21, 2022
