According to submissions made by SBI’s lawyer Sandeep Arora in court, the sugar manufacturer defaulted on ₹1,052 crore portion of its debt on March 3, 2022. The default amount, ₹140 crore, includes coupon payments on optionally convertible debentures that had been subscribed to by banks.
Mid- to high-teens earnings growth for next 2 years likely: Shibani Sircar Kurian
Shibani Sircar Kurian of Kotak Mahindra AMC provides insights on Nifty valuations, earnings stability, sector-specific investments, and market volatility. The analysis covers strong Nifty valuations