Page 4 - Tata Communications

Tata Sons' insurance, auto subsidiaries defy Covid-19 pandemic blues

Telecom, airline businesses continue to remain a drag for holding company

Tata Communications Q1 consolidated net profit grows 15% to Rs 296 crore

Tata Communications on Wednesday posted about 15 per cent jump in consolidated profit at Rs 296.11 crore in the quarter ended June 2021.

Tata Sons subsidiary to buy 43.3% stake in Tejas Networks for Rs 1,850 cr

Tejas Networks said Panatone and some other companies of the Tata Group would make a public announcement to acquire up to 40.3 million equity shares of Tejas Networks

Stock picks by HDFC Securities: Buy Adani Ports, Tata Communications

The Nifty has recently made higher bottoms at 14,416, 14,591, and 14,884 and continues to trade above the 20 and 50-day SMA, which gives further evidence of an uptrend

Stocks to watch: HUL, Bajaj Auto, RIL, Tata Communications, Titan, SIS

Analysts expect HUL to post high double-digit growth in both net profit and revenues of the company on a yearly basis

Jhunjhunwala trims stake in Titan, 2 others in Q4; buy Fortis Healthcare

During the March quarter of the financial year 2020-21 (Q4FY21), Rakesh Jhunjhunwala offloaded a 0.26 percentage point stake, or 2.25 million shares, in Titan Company

Govt mops up Rs 32,835 cr from disinvestment in FY21, exceeds RE target

The realisation is, however, lower than the record Rs 2.10 lakh crore originally budgeted

Government sells 10% stake to exit Tata Communications in off-market trade

The government on Friday said it has exited Tata Communications after selling 10 per cent stake to Tata Sons' arm Panatone Finvest

Stocks to watch: Vedanta, Tata Communication, SBI Card, BPCL, Magma Fincorp

Infrastructure investment trust IndiGrid said its board of investment managers has approved a proposal to raise up to Rs 5,300 crore, including through term loans and issuance of debentures

Tata Comm OFS: Bids placed for 56 mn shares against 46 mn on the block

The government owns a 26 per cent stake in Tata Communications

Govt's 16.12% share sale in Tata Comm gets 'great response' on day 1

The government's share sale of 16.12 per cent stake in Tata Communications Ltd received "great response" from institutional investors, DIPAM Secretary Tuhin Kanta Pandey said on Tuesday.

Govt sells stake in Tata Communications, OFS fully subscribed

The offer for sale will fetch the government about Rs 5,500 crore.

Tata Communications tumbles 7% as OFS to divest govt stake begins

The government will sell its 10 per cent stake, with an option to sell an additional 6.12 per cent stake in Tata Communications.

Stocks to watch: Tata Comm, Adani Ports, AU Small Fin, Nippon Life India

The board of IndiGrid Investment Managers will meet on Tuesday to decide on a proposal related to raising Rs 1,500 crore through a rights issue

Tata Communications OFS opens Tuesday for institutional investors

The sale of 16.12 per cent stake could fetch the government around Rs 5,334 crore.

Govt to sell 16.12% stake in Tata Comm through OFS, rest to Tata Sons arm

The government will sell its entire stake in Tata Communications through an offer for sale and the rest to Tata Son's investment arm Panatone Finvest Ltd, according to a regulatory filing

Upside for Tata Communications hinges on data growth, esp newer segments

Land monetisation could be a short term trigger

Stocks to watch: Nestle India, Adani Ports, L&T Finance, Heritage Foods

L&T Finance said it has closed its rights issue and raised over Rs 2,998 crore

Tata Comm ties up with Google Cloud to transform Indian businesses

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

Improving revenue growth trajectory key for Tata Communications stock

Street will also keep an eye on margins as marketing costs start to impact profitability