Around Four hundred seven companies are expected to announce their Q2'FY22 results today (November 11, 2021). Some of the important ones include [1]Tata Steel Ltd, [2] Godrej Consumer Products Ltd, [3] Piramal Enterprises Ltd, [4] Page Industries Ltd, and [5] Zee Entertainment Enterprise Ltd. How will the market react today? Let us know in the comments section.

Bank of Baroda's Managing Director and CEO Sanjiv Chadha expects its loan portfolio to grow at 7-10% during the current fiscal. The bank saw its domestic advances rise by 3% to ₹6,23,368 crore. Its car loans book recorded a year-on-year growth of 23% and gold loans have increased by more than 30%.

The power ministry told that the Insolvency and Bankruptcy Code (IBC) provisions are “fully applicable" to state-run electricity distribution companies, and the corporate insolvency resolution process (CIRP) can be initiated against them. This will mainly enable the creditors to pressurize indebted discoms.

The area of alternate proteins and plant-based protein is a very serious mission for Nestle, says the chairman and managing director of Nestle, Suresh Narayanan. The Smart Protein Virtual Summit 2021' organized by the Good Food Institute India, he said Nestle globally has about 12 R&D accelerators, and the company eyes to boost its existing portfolio in the foods business.

A Grade-A office space in Bengaluru’s central business district (CBD) is getting developed, told Embassy Group on Wednesday. The leasable area of this space is nearly 5.5 lakh sq ft. The completion of this project is expected around December 2023. The office space, Embassy Zenith, is located in Bengaluru’s prime CBD area, where the Le Méridien Hotel once stood, the company said.

The advocates are finding it hard to remain focused on Coinbase Global Inc for longer-term prospects after the largest U.S. cryptocurrency exchange presented a mixed message for a second consecutive quarter. On Tuesday, the shares of Coinbase slumped significantly which was noted as the biggest decline since the digital-asset exchange started trading a pulblic security in April.

Mahindra & Mahindra' share performance remained upbeat after posting Q2 results. Brokerages keeping a positive outlook as M&M shares recorded a notable surge on Wednesday. Analysts said the earnings performance of M&M was fueled by a better mix in the auto business, higher other income and cost saving initiatives. Motilal Oswal has retained 'buy' rating and raised target price to Rs 1,150.

Nearly 1.1 billion shares were offloaded by Tesla Chief Executive Elon Musk to cover tax obligations on options exercise, the billionaire reported in filings on Wednesday. Musk was looking for ways to take over around 2.2 million shares of Tesla and then offload nearly 934,000 shares which is about 0.5% of his Tesla holdings.

Maruti Suzuki India is preparing to make its presence in the fast-growing SUV segment and has begun developing work on new models to expand its present lineup. In September, the company lost about 60 per cent of its production, while in October, it was comparatively better. The demand continues to be huge for the company's product with an order book of around 2.5 lakh units.

On Wednesday, IndoStar Capital Finance registered a 25 per cent rise in net profit at Rs 39.4 crore for the quarter ended September 30, 2021. The non-banking financial company had reported a net profit of Rs 31.6 crore in the year-ago same period. Net revenue from operations, however, was down to Rs 144.8 crore during the quarter from Rs 153.80 crore in the same period of 2020-21.

Magicpin has raised a Series D round of $60 million led by food delivery platform Zomato. The round also saw participation from existing investors including Lightspeed Venture Partners. The fresh funds will be used to increase its footprint in existing markets, create new markets, and expand across categories. Zomato has invested $275 Mn across four companies over the past six months.

On November 10, Zomato announced its July-September quarter results for the financial year 2021-22. The company registered a net loss of Rs 430 crore on a consolidated basis compared to a loss of Rs 230 crore in the same period of last year, a surge of 87 %. It had posted a net loss of Rs 356 crore in the previous quarter when it declared its maiden results as a public limited company.

On Wednesday, Srei Infrastructure Finance stated there may be a delay by the company and its subsidiary Srei Equipment Finance Ltd in submitting financial results for the September quarter due to the beginning of a corporate insolvency resolution process against them. The National Company Law Tribunal, Kolkata bench initiated corporate insolvency resolution process against SELF.

Shiprocket, a Gurugram-based B2B logistics platform, has raised $185 million in a new round of funding. Zomato is one of the new investors, according to Zomato's quarterly report, who will spend $75 million for an 8% interest in the company. The fresh round is intended to attract a larger number of new investors as well as existing investors.

[1] The Latent View Analytics IPO GMP today stands at Rs 250. [2] The proceeds of the IPO will be used in funding inorganic growth initiatives, working capital requirements. [3] In 2020-21 the company's revenue was Rs 326cr. [4] The net profit of Latent View in 2020-21 was Rs 91 cr. [5] The IPO is subscribed 6.39 times on Day 1, retail portion was bidded 31.62 times. Will you apply for this IPO?