We believe the parties may offer to shut channels but overall revenue impact could be minimal as these channels may be based on a push demand and not pull demand by customers, said Karan Taurani from Elara Capital. He maintained a positive stance on Zee.
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.
Iran’s currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as Washington gears up for more sanctions.
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