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Friday, January 29, 2016

Jan 29, 2016 - EPS acquires 100% stake in CISB ATM services

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Of the FANG stocks (Facebook, Amazon, Netflix, Google - yes, that's a grouping now!), Amazon seems to be in the best position. Not only is it directly controlling commerce online, but also riding the AWS wave which Chamath Palihapitiya refers to as the Amazon tax (as in how ubiquitous it will become). Facebook user growth is slowing down. Google's various experiments are still some time away from becoming a reality. Apple (which is not a FANG stock) seems to be in most doubtful territory with respect to future growth. Sales growth of the iPhone is beginning to plateau. Apple's wearables unit (and car unit) are far from becoming revenue drivers. Having said all this, these are all solid companies with solid revenue streams, but investors always want more. Where would you put your money? - Comment

EPS acquires 100% stake in CISB ATM services

EPS acquires a 100% stake in CISB ATM services Pvt. Ltd. (CIS Bureaus Facility Services Pvt. Ltd.), making it a wholly owned subsidiary of EPS.




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