Just at the start of this month, MGL boasted about bringing a huge relief to Mumbaikars as they announced a reduction in CNG prices from Rs 66 per kg to Rs 60 per kg; which is now short-lived. Now, people will have to pay Rs 67 per kg. The reason attributed by the company is the international fuel prices.
Everyone at ALL ACCESS is terribly saddened to report the untimely passing of veteran radio programmer and CENLA BROADCASTING/ALEXANDRIA, LA OM TOD TUCKER, YESTERDAY (8/11), following the onset of viral pneumonia as the result of COVID-19. TOD was 60 years old.His sister, TAMARA TUCKER, told ALL ACCESS, “He was on the phone with his son and grandsons. We want to thank everyone for your prayers. We will have a memorial service here in CORPUS CHRISTI at a later time. TOD’s wishes .
On financialsstock
Among financials, the corporate banking side is going to remain positive for the next two years, especially banks which have faced NPA issues, with recovery happening in the cycle. These banks are going to be major gainers in the next two years. So,
ICICI Bank and SBI would be the favourites as far as banking is concerned.
On Bharti Airtel
As far as the telecom space is concerned, this is part of the utility space where it requires regular investments. But these investments are huge and now the bidding for 5G spectrum auction has started. This is a cycle which happens every two-three years because of technological changes and on top of it, a price war is continuing and Reliance has come up with a new package where the prices are lower. Bharti now has to either match it or do something better. That is where the market is getting disappointed with the whole space. Valuation wise, Bharti is in a good spot but this is where the problem remains and people are not s