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    • L&T remains top bet among industrials: Anand Rathi

      Amol Rao also believes that the domestic business of Voltas has picked up well and the company‘s international business could throw some specific short-term concerns.

    • Bet in companies with high RoE, RoC: Nirmal Bang

      Nirmal Bang Institutional Equities chief executive officer Rahul Arora bullish on IT and pharmaceuticals, but agrees with the view that a little bit of frothiness has come into these sectors. But he feels other sectors do not have the confidence on growth back yet.

    • Govt tightens scrutiny of companies' fund raising

      Corporate Affairs Ministry has strengthened its surveillance mechanism over companies raising funds from the public as also on their end-use in the wake of the Supreme Court verdict on the Sahara group.

    • Govt directs RoCs to look for diversion of IPO funds

      In order to check the misuse of funds raised by companies via public offerings, the government has directed the Registrar of Companies (RoCs) to look for diversion of IPO funds while inspecting their annual accounts.

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