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Important news, must-read stories on NDTV Profit on Wednesday.
Competition is likely to intensify for Zee, with potential consolidation, following the termination of its merger with Sony Group's India entity, Citi said.
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Mobius' portfolio currently has 25% exposure to India, and he expects this allocation to increase in the future.
Photo Credit: Mobius Capital Partners official website
The outperformance of PSUs, according to the brokerage, is due to earnings per share upgrade and return on equity improvement.
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While Bajaj-Triumph and Hero-Harley continue to nibble at Royal Enfield's market share in the bread-and-butter 350 cc class, the motorcycle-maker is looking to up the game to 450-650 cc segment.
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The Wholesale Price Index accelerated 0.27% during January, as compared with 0.73% in December, according to data released by the Ministry of Commerce and Industry on Wednesday.
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Net profit of the Mumbai-based automaker rose 60.6% year-on-year to Rs 2,454 crore, on the back of revenue that grew 16% to Rs 25,642.4 crore in the three months ended December.
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Earlier, both the National Stock Exchange and the Bombay Stock Exchange scheduled this special session on Jan. 20.
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