IT stocks cheaper now; Investec Capital's Mukul Kochhar sees buying opportunity

IT stocks cheaper now; Investec Capital’s Mukul Kochhar sees buying opportunity

Mukul Kochhar, Head of Equities at Investec Capital Services (India), says IT stocks have corrected from about 20x valuations to more reasonable levels, with large caps likely to grow 4–6%. He believes AI fears are currently overplayed and is turning selectively constructive, advising accumulation near pre-COVID valuation bands of 13–14x. On markets, Kochhar sees Nifty…

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How India plans to do a Dubai or Doha in Delhi: The plan for hub-and-spoke desi airports kicks of | India News

How India plans to do a Dubai or Doha in Delhi: The plan for hub-and-spoke desi airports kicks of | India News

NEW DELHI: India is finalising its hub-and-spoke policy of flying passengers between small towns and rest of the world via hub like Delhi, Mumbai and Bengaluru. The move comes amid Air India and IndiGo’s massive orders for wide body aircraft; the coming of age of Indian hub airports that are gearing up for domestic-to-international and…

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Rock singer Jack White clarifies his comments on Taylor Swift; says he did not call her music ‘boring’ |

Rock singer Jack White clarifies his comments on Taylor Swift; says he did not call her music ‘boring’ |

Jack White clarified his recent remarks on Taylor Swift’s songwriting, stating he never called her music ‘boring.’ He explained his personal preference for not writing about himself, emphasizing respect for artists who choose different approaches. White’s comments followed backlash after he expressed finding extensive personal narratives in pop songs, like Swift’s, uninteresting for his own…

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Strait of Hormuz disruptions: India buys first LPG cargo from Iran in years; tanker was initially bound for China

Strait of Hormuz disruptions: India buys first LPG cargo from Iran in years; tanker was initially bound for China

India has faced significant disruption to energy supplies routed through the Strait of Hormuz. (AI image) For the first time in several years, India has reportedly purchased liquified petroleum gas (LPG) from Iran after the Donald Trump administration granted a 30-day sanctions waiver to keep oil and gas prices in check. India had stopped energy…

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Arjun Mathur confirms there’s no Made in Heaven Season 3: ‘Can’t take 4-5 years for every season…’ | Web-series News

Arjun Mathur confirms there’s no Made in Heaven Season 3: ‘Can’t take 4-5 years for every season…’ | Web-series News

It’s hard to believe that Arjun Mathur and Rasika Dugal haven’t shared screen space yet. That’s because they were part of India’s first generation of streaming stars, even though they’ve been acting in films before that. It took another actor, Anshuman Jha, to bring them together in his directorial debut Lord Curzon Ki Haveli. In…

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Delhi govt approves free bus travel for transgender passengers: CM Rekha Gupta | India News

Delhi govt approves free bus travel for transgender passengers: CM Rekha Gupta | India News

NEW DELHI: The Delhi government has approved a proposal to include transgender passengers in its free bus travel scheme, a statement from the chief minister’s office said on Monday.Over 1 lakh ‘Saheli Pink’ cards have been issued since the launch of the scheme earlier this month.“All women and transgenders having Aadhaar cards in Delhi will…

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