Land sales and improvement in return ratios would lead to re-rating
IoT devices don't require high bandwidth but absolute intolerance to network outages
The consolidated net profit for the full year ended March 31, 2017 stood at Rs 1,233 crore
She became the first woman outside Tata family to be appointed chairperson of major Tata group firm
"IoT, Mobility space to grow exponentially" 1. What has been the impact of de-monetisation on earnings from the ATM business? Will the revenue from the ATM operations shore up in FY18? The payment solutions business was adversely affected by demonetisation in Q3. But early signs indicate that the business is steadily getting back on track and the performance will regain momentum with the economy springing back to normalcy. While there will be a shift in consumer behaviour towards other modes of payment, the need for cash in ATMs was adequately demonstrated in the early weeks after the announcement of demonetisation. We believe cash will continue to play an important role in this economy for some more time before we embark on the journey of building a cashless economy 2. Going ahead, will the ATM business be non-core? Are you looking at divestment options for your subsidiary- Tata Communications Payment Solutions Ltd? There is currently no coordinated effort to divest the .
Tata has also selected HPE to be an integral part of its global cellular IoT connectivity services
In a sector wracked with volatility and stock price spikes, Tata Communications has been one of the few telecom stocks which has seen a secular uptrend in prices over the last one year. While business to consumer sector (B2C) peers have posted December quarter results which reflect multi-year operational lows, Tata Communications (B2B model) has stood out. Robust growth in data services segment (revenues up 11 per cent, operating profit up 20 per cent year-on-year) helped the company post adjusted consolidated revenues and operating profit ahead of estimates.Going ahead, strong traction in data, cost cutting efforts and expansion in growth drivers (digital-internet of things) should help boost revenues. Free cash flows for the nine months ended FY17 stood at Rs 460 crore as against Rs 290 crore in the year ago period. This should improve, according to analysts at Emkay Global Financial Services. "Data segment is expected to deliver healthy performance going forward with margin ...
The union will see Tata Tele join the merged entity of RCom-Aircel and MTS
The stock rallied 6% to Rs 712, its highest level since January 2008 on the BSE.
Teleena is a global IoT- and MVNO-enabler in the Netherlands, with offices in UK and Singapore
The stock was up 6% to Rs 670 on the BSE in intra-day, trading close to its 52-week high of Rs 687
Skylab provides advanced data harvesting, processing, and delivery solutions over a scalable platform called DLC
Change in business focus and lower capex are positives; these will boost the company's stock valuations
Srinivasan C R flagged government concerns about accuracy of data being stored, going forward
The stock rallied 8% to RS 519, extending its Wednesday's 6% surge on the BSE.
Company had posted a net profit of Rs 43.3 crore in the same period a year ago
Money to be used to repay Neotel debt
The focus will now turn to growth of its high-margin data business
The stock surged 8% to Rs 485, trading nears to its 52-week high of RS 490 on the BSE.
8,000th machine was installed at the tier-IV town of Appipatti, Theni in Tamil Nadu