Stock Market 27-Jan-2020

Stock Market 27-Jan-2020
Stock Market Update

Corporate News-

ED issues fresh summons to Air Asia CEO, other executives in PMLA case.

SC stays NCLAT order dismissing RoC plea in the Tata-Mistry case.

AGR dues: Telcos may have to pay principal and penalty amounts immediately.

Management Speaks-

Sandeep Kishore, MD, and CEO, Zensar Technologies, said it expects industry-level growth in Q4 and is committed to delivering 15 percent margins in FY21 at the operating level.

Seshagiri Rao, Joint MD & Group CFO at JSW Steel said Current steel prices are sustainable.