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
These companies reported an increase in revenue and/or profit before tax for the March quarter
The stock of the Tata group company was trading at its highest level since December 15, 2017.
Surge in traffic and digitisation trends to power revenues
In the three years under Chandra, the group's overall m-cap has soared 39.6% to Rs 12 trillion