Stay updated with breaking news from தீபக் ஷெனாய். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
SBI: Keep out of financials until the smoke clears: Deepak Shenoy indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
MANGALURU: Citizens Involved in Technology Assisted Governance (CITAG), a citizens group in Bengaluru, working towards improved governance in various sections, launched the CITAG Covid helpline portal, www.citagcovidhelpline.in on May 2. Mentored by IAS officer Major Manivannan, the platform has expanded to Udupi, Dakshina Kannada, Belagavi and Hubballi-Dharwad. Vijay Grover, president, said that last year the department of information and publicity (DIPR) joined hands with The Indian Red Cross Society, Karnataka, and the Karnataka State Labour Institute (KSLI), in providing a platform to the volunteers to serve the community during the pandemic. Moving a step ahead, through CITAG, nearly 120 volunteers, mostly with an IT background, have joined together to launch this platform that provides verified data on hospital beds available in private hospitals, oxygen availability, food services and other details. “In a panic, we often forget the smaller hospitals in our vicinity, ....
If you are a fundamental investor, you might want to still consider holding on or at least do an SIP kind of investment in this market rather than investing all at once. ....
How are you looking at the pharma basket after quarterly numbers? Where are you finding favour within this space? A lot of pharma results are out while some more are awaited but overall, it has been quite encouraging. We are seeing a lot of news-related moves in stocks and some of these moves are based on anything new that has been discovered in terms of impact of Covid and so on. We have seen a few stocks rise a little bit. Last year, there was a little bit more of Covid related build-up. After Covid abates, a lot of elective procedures will come up within India. ....
Earnings growth to drive valuation of IT stocks higher: Deepak Shenoy SECTIONS Last Updated: May 03, 2021, 05:38 PM IST Share Synopsis We pay 80 times earnings to companies like Nestle which will grow at 10-15%, then why would we not pay 25 times earnings to a company that has the potential to grow 30%, especially in a pandemic, says Deepak Shenoy ETMarkets.com Related Deepak Shenoy, founder, Capital Mind, reasons that earnings growth will drive valuations of IT stocks. If you are paying 30 times earnings today, you might actually see the company growing at 30-35%. We have seen a number of IT companies doing that, even through the lockdown. I do not believe this is a point at which you can write off further growth. If growth is there, valuations will come, Shenoy says in this interview. Edited excerpts. ....