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Godfrey Phillips Leaving "24Seven" Retail Behind

According to Godfrey Phillips' FY23 annual report, 24Seven's gross sales increased by 19% year over year to ₹482 crore in FY23. ....

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power stocks to buy: Financials not a top-down sector for at least a few quarters; buffet of opportunities in power across caps: Digant Haria

Digant Haria says there was a negative surprise for financials due to the tightening of retail lending norms by the RBI. The government implemented these measures to prevent inflation from spiking up before the elections. As a result, the financial sector is not expected to perform well until after the elections. Additionally, there is a differentiated approach of foreign institutional investors (FIIs) towards financials. While FIIs are selling financials, they are not buying them . This shift in approach may be due to FIIs need to perform and respond to market conditions. ....

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