As many as 135 stocks on the index are down more than 20 per cent from their 52-week highs, and need up to 210 per cent rally to revisit their recent peaks. Half a dozen stocks are trading 50-67 per cent below their peaks, which indicates that they need a 100-200 per cent rally to regain their recent highs.
“We have made some changes to the portfolio which has become a lot more broad-based as we believe that the current times are about a broad-based economic growth rather than just one or two pockets of growth as was the case a few years back.â€
Airtel will come out with a campaign for users who want to buy 5G handsets informing them about various checks of their particular handsets to make sure the handset works well in India across not just 5G but various other bands and carrier aggregation. "This is important when you choose a 5G handset to get the best experience,†Bharti Airtel’s chief technology officer Randeep Sekhon said.
Cryptocurrencies will be treated as an asset/commodity for all purposes, including taxation and as per user case — payments, investment or utility.
If you want to get to scale, you are better off joining forces and doing an M&A, says Bob van Dijk
Rosneft CEO Igor Sechin met Indian oil minister Hardeep Singh Puri, who is in Russia for an economic forum, and discussed the Vostok Oil project.
CEO Sameer Nigam says the company can do scant little to reduce UPI market share. PhonePe has emerged as the largest UPI app with over 45% monthly market share, beating rivals like Google Pay, Paytm and Amazon Pay.
Among the major borrowers, REC Ltd -- which is engaged in financial services in the power sector -- was the only company to raise the entire 400 million via approval route of the ECB for the purpose of on-lending, showed the RBI data.
On August 18, too, the DRT had sold the company’s shares worth Rs. 37 lakh through a bulk deal.
The company has just "scratched the surface" when it comes to financial services and is excited about the prospects in multiple verticals like insurance, PhonePe CEO Sameer Nigam told reporters here on Thursday.
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