“This year weather has been less warm compared to last year which is pulling down this demand on top of the high base of last year. So, near-term, yes, it could be low, but medium to long-term 1x real GDP which is 6% to 7% that is what we think should hold on power demand,” … Read more
“The perspective is very simple that macro for India as I had indicated in January had bottomed out and more importantly, we are continuing to see some degree of improvements in macro,” says Venugopal Garre, MD, Bernstein.I want to first start off with your January upgrade thesis. While you were right about as to how … Read more
Venugopal Garre, MD, Bernstein, says they have a very positive in quick commerce (Q-Commerce) and on some of the quick commerce names, both upcoming as well as the ones which exist, they have an overweight stance. He likes organised retail as well. So, from a pivot point of view, it is a very unique situation … Read more
Manas Agrawal of Bernstein Societe Generale Group, says the last three days have been very volatile for PB Fintech. So, clarity on offline expansion front will be helpful. Bernstein has written a note where it talks about the key questions for the management. Essentially, what is the business plan? It is good for the consumer … Read more
Qualcomm on Friday received a license from the US government to sell 4G mobile phone chips to China’s Huawei Technologies, an exemption to US trade restrictions imposed amid rising tensions with China. “We received a license for a number of products, which includes some 4G products,” a Qualcomm spokeswoman told Reuters. Qualcomm and all other American … Read more