Land monetisation could be a short term trigger
L&T Finance said it has closed its rights issue and raised over Rs 2,998 crore
Tata Communications on Tuesday announced partnership with Google Cloud to drive cloud adoption and transform Indian businesses. The partnership will enable organisations to deploy and access Google Cloud services through Tata Communications' IZO managed cloud. "As organisations migrate to Google Cloud, they need a partner that will support them across their entire IT ecosystem and deliver a unified cloud management platform that offers greater transparency, control and security of their data and applications," Tata Communications global head of cloud and managed hosting services Rajesh Awasthi said in a statement. As a Google Cloud India Partner, Tata Communications will support organisations with services across infrastructure modernisation, data centre transformation, application modernisation, smart analytics, multi-cloud deployments and more. "The true test of 2021 will be how organizations adopt a cloud first approach. Through our partnership with Tata Communications, we will
Street will also keep an eye on margins as marketing costs start to impact profitability
The government may reportedly sell its entire 26.12 per cent stake in the company through offer for sale and strategic sale route in the current fiscal
Rakesh Jhunjhunwala reduced stake in Federal Bank to 2.4 per cent from 2.71 per cent during the third quarter of FY21
The company said it had seen stable growth in data business despite it being a seasonally slow quarter with revenue growing 3.8 per cent y-o-y on the back of robust performance in traditional services
Public sector VSNL was privatised in the year 2002 by disinvesting 25 per cent shareholding along with transfer of management control to Panatone Finvest Ltd, the strategic partner
In this quarter, Jhunjhunwala booked profit in information technology (IT) firm Firstsource Solutions (FSL) and raised his stake in pharmaceutical firm Jubilant Life Sciences
According to the publically available data on Reuters, analysts have a consensus BUY rating on the stock
Tata Communications will drive and accelerate product roadmap R&D with Oasis, leveraging and amplifying the growth in the mobility and IoT markets
Tata Communications has acquired a controlling stake in France-based eSIM company Oasis Smart SIM Europe SAS (Oasis)
Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22
The cloud-based e-SIM will be enabled by Micron
Tata Communications announced the resignation of Pratibha Advani as the Chief Financial Officer
Revenue growth momentum, profitability will be key triggers
Tata Communications on Friday posted an around seven-fold jump in consolidated net profit at Rs 384.81 crore for the September quarter
Hard to predict if this growth will sustain but don't expect a lot of this increased traffic to decline, says Song Toh, VP, Tata Communications
With markets recovering, midcaps have also rebounded and in fact, have outperformed benchmark indices by a good margin in the last two months
In its last hearing, the SC had asked the Centre to prepare a plan for recovering AGR dues from bankrupt telecom operators