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Operating revenue of the company increased by 15.4 per cent in Q2 FY22 to Rs 498.4 crore as compared with Rs 431.9 crore in Q2 FY21, Dr Lal PathLabs (LPL) said in a regulatory filing.

Elara Capital sees NTPC reporting a profit of Rs 3,995 crore compared with Rs 3,504.8 crore in the year-ago quarter, up 14 per cent YoY.

SBI Life Insurance Company on Wednesday reported a 17.71 per cent year-on-year (YoY) rise in net profit at Rs 246.62 crore for the September quarter.

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“I am diluting about 5% of my equity and Evergraph a little over 40%,” says KA Joseph.

Asian Paints climbed 4.43 per cent to Rs 3,094.40 after a couple of brokerages said their interactions with dealers suggest the paintmaker plans to execute another 15-45 per cent price increase, effective November 12. This is in addition to the recent 7.5 per cent price increases, they said.

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Selling pressure in metal, media, financials, private lenders and auto weighed on the buying in defensive bets like PSUs, IT, FMCG and Pharma space.

“We are quite comfortable about our IPO size because whatever feedback we received from investors, whatever we have heard from the bankers, the number of investors who have been interested and bid for the anchor book etc., make us feel confident,” says Dahiya.

Sebi proposes new norms for MFs’ ESG investments

Updated at : 2021-10-27 16:20:02

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With increased interest and focus on investments in the ESG space globally, Asset Management Companies (AMCs) in India have also been launching equity schemes in the ESG space under the thematic category.

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The Rs 800-crore IPO is entirely an offer-for-sale of shares worth Rs 710 crore by Evergraph Holdings Pte Ltd and shares to the tune of Rs 90 crore by KA Joseph.

In May last year, YES Bank invoked promoters’ pledged shares in Dish TV to own 25.63% stake in the DTH company. On September 6 this year, it sent a requisition notice to the company’s board to convene a special meeting of the shareholders to reconstitute the board and sought the removal of its promoter Jawahar Goel from the company.

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