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

photo

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

photo

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