Cases filed in high courts of plaintiffs' jurisdiction, exchange files caveat pledging opportunity for hearing
Despite the lockdown impacting volumes, lower costs drove earnings and beat expectations
Most global markets surged as investor appetite for risk assets improved due to the progress of an experimental drug for treating covid-19 and on US's plan to reopen its economy.
This will exclude all kinds of transactional and other related costs at a price not exceeding Rs 650 per equity share
Tourism and hospitality, auto and aviation could see a demand crunch amid coronavirus; earnings from rupee depreciation to export-driven sectors such as IT and pharma could be limited
Unlike others of its kind, the subscription window for the IPO will remain open for 4 days, which will be from March 2 to March 5
The amount of misutilisation was in the range of Rs 5.01 crore to Rs 102.06 crore for the sample dates
This comes after the family trust filed an application with the regulator seeking exemption from the applicability of SAST regulations
Karvy is alleged to have gone beyond by using its client securities to raise money for its other businesses, including real estate
Markets are likely to remain range-bound in the near term till economic recovery is visible, says Motilal Oswal
MORE had invested Rs 58 crore through its funds IREF II and IREF III in December 2015 by taking an equity stake in a project
Motilal Oswal expects the slowdown in the economy to last at least two more quarters
Experts believe the tax impact could be reduced if the one-time payments are deferred and vested ESOPs are not exercised
Number is down to 71 from all-time high of 90 at the end of March 2018
Investors in the fund include domestic and global institutions, large family offices and HNIs, besides Motilal Oswal
Fund's first investment likely in September; proceeds will be used finance projects taken over by large, oragnised realty players from smaller developers
The summon pertains to a commercial suit filed about 18 months ago in the court by Ketan Shah, claiming a loss of Rs 230 million due to mis-selling by MOPL
The investment objective of the scheme is to achieve long-term capital appreciation by primarily investing in a maximum of 35 equity and equity-related instruments
The markets hit all-time high last week. MOTILAL OSWAL, chairman & managing director, Motilal Oswal Financial Services tells Puneet Wadhwa that he expects foreign institutional flows to remain strong over the next few quarters, given the promise of political stability and concurrent prospects of economic reforms, coupled with a strengthening rupee. Edited excerpts:Do you think the current market levels are sustainable?We stand at a great divide now. While earnings have been largely flat over the last three years, market indices are touching new highs. Our research team estimates a healthy 21 per cent earnings CAGR (compounded annual growth rate) over the next three years, aided by a low base of H2FY17 and recovery in metals, public sector banks (PSBs) and oil & gas stocks. Current valuations leave little margin for error on the earnings front - any disappointment could trigger a correction. Yet, the earnings season has been positive so far, with most companies reporting ...
This, on the back of Rs 537 cr revenue