Smaaash Entertainment Pvt Ltd (SEPL) was admitted by the Mumbai National Company Law Tribunal (NCLT) following a default of ₹292.4 crore to Edelweiss Asset Reconstruction Company. The company suffered losses since it was shut for 18 months during the Covid-19 pandemic, but revenues improved after the Covid-related restrictions were lifted.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.