Buying stocks of firms riding digital wave? Well, the jury is still out on their valuation

Buying stocks of firms riding digital wave? Well, the jury is still out on their valuation

NEW DELHI: Never let a good crisis go to waste. This quote is often attributed to British Prime Minister Winston Churchill, who most likely said it while discussing post-war Europe with Stalin and Roosevelt in 1945, which will eventually form the basis for the formation of the United Nations after World War II. Many policymakers … Read more

Stars aligned for India’s Internet cos to create value in next 10 years: BofA Securities

Stars aligned for India’s Internet cos to create value in next 10 years: BofA Securities

MUMBAI: The COVID-19 pandemic may have propelled India’s Internet sector into a phase of hypergrowth that will result in staggering value creation in the next decade, brokerage house BofA Securities said in a note on Thursday. “We consider the India internet sector to be at an inflection point to witness hyper-growth in the coming years … Read more