Dalal Street s Q1 earnings season sees Nifty constituents with 24% YoY profit growth, varying estimates from brokerages: ICICI Securities reports 44%, Kotak Institutional Equities 14%, and Motilal Oswal 13%.
The markets regulator is examining complaints from several shareholders of ICICI Securities who allege that ICICI Bank employees tried to get them to vote for the delisting in late March
Market sources said that Bajaj Housing Finance has raised Rs 4,500 crore through two issuances of non-convertible debentures – Rs 3,000 crore through a 3-year bond at an interest rate of 8.10% and Rs 1,500 crore through a 5-year bond at 8.05%.
Over 100 shareholders of ICICI Securities submitted a class action lawsuit to the National Company Law Tribunal last month, challenging ICICI Bank Ltd s bid to delist ICICI Securities.