EOD Update 14-07-2019

DHFL reports net loss of Rs 2,223 cr in Q4 ’19

Fiscal requirement of Puducherry pegged at Rs 8,425 crore

May Not Survive As A Going Concern: Dewan Housing Finance

DHFL posted a net loss of Rs 2,223 crore during the January-March period compared with a profit of Rs 134 crore in the same period a year earlier.

Allahabad Bank Alleges Rs. 1,775 Crore Fraud By Bhushan Power & Steel

On July 6, state-run Punjab National Bank (PNB) said it had reported an alleged fraud of $554.6 million in the steelmaker’s accounts

IndiGo Co-Promoter May Not Agree On Change In Control Structure: Report

The feud between the two airline co-founders, Rakesh Gangwal and Rahul Bhatia, came to light on July 8 after the former wrote a letter to Sebi

Government to consider grandfathering 20% tax for ongoing buybacks.

Bimal Jalan Panel May Recommend Rs 50,000 Crore Transfer: Report

While the Centre is keen on the entire contingency fund — Rs 2.32 lakh crore, the Jalan panel is not inclined to transfer the entire fund reserve

Deloitte Misreading Law In Challenging 5-Year Ban, Centre Tells Court

The government has said it detected several violations of auditing standards by Deloitte while investigating fraud at IFIN, a unit of IL&FS

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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