Thu, Feb 1, 2024 2:31 PM
Govt aims to earn Rs 1.20 lakh crore from communication services!
A Flip by Avya Verma
Sun TV Network reported a 2QFY25 with revenue/EBITDA declining 12%/26% YoY, offset by a 2% YoY recovery in ad revenue. The impending Star-Viacom merger poses a potential threat, increasing competition and potentially impacting IPL media rights. The company trades at 15x one-year forward P/E, with a target price of INR670 and a Neutral rating.
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China's new home prices fell for the 16th consecutive month but at a slower pace in October, official data showed on Friday, suggesting overall sentiment remains weak despite a barrage of support measures to stabilise the crisis-hit property sector. New home prices were down 0.5% month-on-month after a 0.7% dip in September, the slowest pace in seven months.
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For decades, kirana stores were the bedrock of India’s retail ecosystem, providing neighbourhood convenience, affordability and accessibility. FMCG majors like Dabur, Marico, HUL, and Godrej Consumer Products are streamlining their inventories to balance loyalty to traditional distributors and adapt to growing demand for tech-driven solutions amidst the rise of e-com and q-com platforms.
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