JPMorgan downgrades Indian IT sector but bullish on these 4 IT stocks | Mint – Mint
Even as the global brokerage has remained underweight on the sector, it is overweight on only 4 Indian IT stocks Read More
reported by Livemint at Livemint
PhysicsWallah raises $100 million from Westbridge, GSV Ventures, joins unicorn club – Moneycontrol
PhysicsWallah raised the money at $1.1 billion valuation, becoming India’s 101st unicorn, the company said. PhysicsWallah said it plans to use the funds for business expansion, branding, opening more offline learning centres, and introducing more course offer? Read More
reported by Nikhil Patwardhan at Moneycontrol
Gold loan platform Rupeek lays off over 180 of its employees – Moneycontrol
"With deep regret, we have taken the difficult decision to part ways with 10-15 percent of the employees," the company said in a statement. Read More
reported by Priyanka Iyer at Moneycontrol
JPMorgan Sees 60% Upside In Paytm’s Beaten-Down Stock. Here’s Why… – BQ Prime
JPMorgan reiterated its ?overweight? rating on the company and a target price of Rs 1,000 apiece. Read More
reported by Rishabh Bhatnagar at Bqprime.com
Policybazaar tanks 10% as CEO Yashish Dahiya plans 3.77 mn share sale – Business Standard
Yashish Dahiya intends to offload partial stake via bulks deals on the exchanges He currently holds 2452 million shares in the company Read More
reported by Deepak Korgoankar at Business Standard
RBI Monetary Policy: Repo Rate Headed Towards 6% By February, Says ICICI Bank’s B Prasanna – BQ Prime
Some part of the market are pricing in a repo rate of 7%. This is due to the uncertainty premium, said B Prasanna of ICICI Bank. Read More
reported by Ira Dugal at Bqprime.com
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