Amritanshu Khaitan, MD of Eveready Industries spoke to CNBC-TV18 on the fineprint and outlook for FY22. He expects the company to become a net zero-debt firm by next year. For full management commentary, watch the video.

The net profits of 10 major listed cement companies surged by 29.6 percent on an average in FY21, although aggregate revenues grew modestly by 3.8 percent, according to an analysis undertaken by Acuite Ratings. The cement volume growth has been disrupted in the April-June quarter of FY22 after the second wave of COVID-19, but the sector is expected to see a good recovery post-monsoon led by the government's thrust on infrastructure activities and housing construction, it added.

PNB Housing Finance has challenged the SEBI’s order in Securities Appellate Tribunal (SAT) and goes ahead with the EGM on June 22. JN Gupta, MD of Stakeholders Empowerment Services (SES) as well as Shailesh Haribhakti of SH Associates discussed this further.

The Insolvency and Bankruptcy Code, 2016 (IBC) provides for time-bound resolution of insolvency among companies and individuals.