Page 10 - பத்திரங்கள் மேல்முறையீடு தீர்ப்பாயம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Sec 24A offences: Supreme Court says Sebi consent not mandatory
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
LIC Housing Finance Approaches SAT on Issue of Preferential Allotment of Shares to LIC; Verdict Expected Soon
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
Here are the top stocks that are likely to be in focus today:
Earnings today: A total of 33 companies are set to report their Q1FY22 results today including Asian Paints, Bajaj Finance, Network 18 Media, and Shyam Metaliks. While the Street is a 90 per cent jump in Asian Paint s revenues at Rs 5,550 crore, they peg EBITDA at Rs 1,105 crore, up 130 per cent, on a low base. As regards Bajaj Finance, analysts expect the NBFC s net profit to rise anywhere between 30-90 per cent YoY, in the range of Rs 1,250-1,850 crore.
HCL Technologies: The company s first-quarter numbers were propelled by cloud and digital transformation deals. Net profit for the quarter at Rs 3,214 crore was up 9.9 per cent year-on-year and 8.5 per cent sequentially. Although, it did not meet the consensus estimate of analysts tracked by Bloomberg at Rs 3,425 crore. Further, Shiv Nadar has stepped down as the managing director and board member of HCL Technologies. He will now take on the role of Chairman Emeritus
Although
PNB Housing’s articles of association (AoA) stipulate that the valuation should be conducted by a registered valuer, this is not required under the Companies Law for a listed company. “The golden rule of law is to follow what the legislature says. Sebi can’t say what the legislature says is wholly excluded is required to be followed because of the AoA,” Dwarkadas said. “I submit there is no room for ambiguity. Listed company as a class is concerned they are wholly taken out. What is excluded is excluded. It can’t be brought through the back door.”
Did you Know?
LIC Housing Fin approaches SAT in regard to preferential shares allotment
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.