Pacific University Inter-College Sports Competition Inaugurated PMCH :: pressnote in
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Commencement of Kabaddi Tournament at Pacific College of Social Sciences and Humanities PMCH :: pressnote in
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Nifty stocks that are trading at a significant discount to their historical averages are ONGC (-45%), BPCL (-41%), Tata Steel (-38%), Apollo Hospital (-31%), and Eicher Motors (-28%). As a sector, PSU banks are trading at a P/B of 1.1x, at a 30% premium to its historical average of 0.8x while the consumer sectors P/E of 41.7x implies a 4% premium to its 10-year average of 40x. Similarly, technology is trading at a P/E ratio of 23.2x, an 18% premium to its long-term average of 19.6x.
Google, in its latest appeal to the Supreme Court, has said the Competition Commission of India (CCI) is protecting Amazon s interests after having complained that India s anti-competition body (CCI) had copied part of a European Commission ruling against it for allegedly abusing the market dominance of Android.
The latest twist to the Google-CCI case comes as Google filed an appeal in the Supreme Court on June 26, against the National Company Law Appellate Tribunal s (NCLAT s) March 29 order.
The tech giant s contention is that the NCLAT failed to apply the effect analysis part in the CCI order.