Helios Capital founder Samir Arora has said Google s CEO Sundar Pichai will either be fired or resign due to controversies surrounding Google s Gemini AI. Responding to social media inquiries, Arora criticized Pichai s handling of AI advancements. Gemini, Google s AI chatbot, faces scrutiny for alleged bias against PM Modi. India s Ministry of Electronics and Information Technology may also issue a notice to Google over these concerns.
Samir Arora of Helios Capital discusses valuation, investment strategies, and risk management in the Indian market. He emphasizes the missed opportunity in the pharma sector and the underperformance of the consumer sector. He said willing to buy consumer stocks at 40-50 PE if the companies are growing 25-30% per annum for the next few years at least. That is the only thing we will buy in consumer even if the valuations are high. That is why we have Zomato and Varun Beverages .
Samir Arora, Founder of Helios Capital, discusses the performance of HDFC Bank, his investment in Paytm, and the attractiveness of PSU names. He highlights the impact of mega trends like digitisation and China plus one strategy on the Indian market. Arora also emphasizes the importance of FII flows. Many investors following trend had landed up in China and put big amounts and have burnt their fingers. They now want to come to India