Bharti Airtel has submitted the final application for new telecom permits in Delhi and Kolkata service areas. Licences of Airtel in Delhi and Kolkata expire in November this year. A Unified Licence is required to continue operation in each service area.
Yes Bank: MSCI has reduced its weightage in its emerging market index. This change will lead to selling of 3.58 million shares in Yes Bank by passive funds on the close of June 11.
Yes Bank: MSCI has reduced its weightage in its emerging market index. This change will lead to selling of 3.58 million shares in Yes Bank by passive funds on the close of June 11.
Bank of America Merrill Lynch (BofA-ML) maintains buy on the stock and has raised target price to Rs. 2,900 per share. BofA-ML believes Maruti will be a key beneficiary of the slew of launches planned. BofA-ML's earnings per share (EPS) forecast for Maruti is 8-20 per cent ahead of consensus.
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