Pricey Valuations Threaten Best Indian Media Stocks Rally in 14 Years bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
An equity index that houses Indias biggest operator of cinema screens as well as its top television broadcaster has lost about 6% since reaching a 17-month high in early September. Still, up 31% this quarter through Friday, the gauge is poised for its best performance since 2009.
(Bloomberg) Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wake-Up CallBonds Fall, Dollar Rallies as Hawkish Fed Sinks In: Markets WrapHollywood Screenwriters Reach Dea
South Korea s Hybe Co. will buy Quality Control, the Atlanta based rap label behind Lil Baby and Migos, as the manager of superstar K pop band BTS aim.