The Courtroom on Bloomberg TV India is your weekly guide to the courtrooms of the country. The show brings you news from the legal arena along with in-depth analysis and thought-provoking insights from the country's legal eagles.
July 1: In a bid to create a participative, transparent and responsive governance structure, Prime Minister Narendra Modi will launch the ambitious 'Digital India' programme today. Nazia Iqbal gets us more details on this
May 9: K.P. Krishnan, DG & Additional Secretary, Department Of Economic Affairs, says that the Indian Finance Code needs to be rewritten. In a panel discussion with Vivek Law, Krishnan, National Institute of Public Finance and Policy’s Ajay Shah and Planning Commission Deputy Chairman Montek Singh Ahluwalia, discuss in detail the laws safeguarding the financial sector and the new Companies Act.
May 9: Justice A.K. Sikri, Supreme Court & Former Chief Justice, Punjab & Haryana High Court, says that a critical analysis of the new Companies Act provisions has still not begun. “Many provisions of new Companies Act need change,” he adds. Stating that one cannot put entire blame for delay in insolvency cases on judiciary, Justice Sikri tells Vivek Law that judiciary seeks just & fair resolution of any dispute.
January 8: A day after filing the first chargesheet in the NSEL scam, the Economic Offences Wing of the Mumbai Police has now turned the heat on leading brokerages. The Mumbai EOW has issued summons to directors and officials of 28 brokerage firms in order to expedite its investigations into the scam. Bloomberg TV India brings you the exclusive updates on this developing story.
January 8: There will soon be clarity on premium payments for highway projects. Bloomberg TV India learns that the C Rangarajan Committee, which had been tasked with formulating the guidelines, is ready with its report. We give you the exclusive details on the recommendations in this report, which will be submitted to the finance ministry in the next 48 hours after which the CCEA will have to clear it.
December 19: Anand Desai, Managing Partner, DSK Legal, says that companies are increasingly trying to get out of the debt crisis. Further he adds that the companies’ exposure to commercial issues is more now.
December 19: “Recently, we have seen an increase in the courts pulling up errant companies and promoters,” says, Anand Desai, Managing Partner, DSK Legal. Further, he adds that the language of these judgements have also been strong.
December 19: How is the legal fraternity reacting to the spate of orders from the courts with scathing observations for what it sees as errant promoters and companies? Bloomberg TV India finds out if this is being seen as a result of investors increasingly approaching the courts.
December 19: There have been a spate of orders from the courts with scathing observations for what it sees as errant promoters and companies. Bloomberg TV India’s Avantika Gode gets you the details of the most recent Zenith winding up petition and also shares the details of the orders passed against Videcon and Majestic Infracon.
ADANI TRANSMISSION Q3
Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x
Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x
EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x
EBITDA margins at Rs 95% vs 93.5%
PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x
All results are Consol & comparable YoY
DCB BANK Q3 REVIEW
PAT at Rs 57 Cr vs 51 Cr up 11.8%
NII at Rs 250 Cr vs 209 Cr up 19.6%
Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%
Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%
Net Interest Margin at 4.12% vs 3.95% YoY
All results are comparable YoY
TATA SPONGE Q3 REVIEW
Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr
EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr
EBITDA Margin at 27.9% V 12.3%
Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr
Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr
All figures are standalone and comparable YoY
THIRUMALAI CHEMICALS Q3 REVIEW
Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr
EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr
EBITDA Margin at 27.5% vs 16.4%
Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr
All figures are comparable YoY
SREI INFRA Q3 REVIEW
AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%
Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%
Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%
Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%
PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%
All results are comparable YoY