canada goose Jan 28, 2019 01:28 PM IST Quick Take Tata Steel’s SE Asia sale will sharpen its India focus Tata Steel’s profitability will improve after the sale of its South East Asian steel business, letting its management focus on the country that matters the most to its future India.Apr 27, 2018 03:38 PM IST Moody’s says may downgrade Airtel rating if margins dip further “The ratings are likely to be downgraded within the next 6 12 months if heightened competition persists in its Indian wireless business, such that consolidated EBITDA or margins deteriorate further from current levels,” Moody’s said in a statement.Nov 14, 2017 03:37 PM IST Vodafone India’s H1 operating profit falls 39% Earnings before interest, tax, depreciation and amortisation (EBITDA) fell to 40.75 billion rupees ($622.26 million) in the half year ended Sept. 30, from 67.04 billion rupees a year earlier, Vodafone India, the country’s No.2 telecom operator, said in a statement on Tuesday.Nov 05, 2017 03:41 PM IST Tata Power’s renewable portfolio profit up at Rs 173 cr in Q2 The company had clocked Rs 86 crore profit from renewable business in the same period last year.Oct 20, 2017 12:04 PM IST Daimler third quarter profit falls on diesel costs, special items Earnings before interest and tax (EBIT) at the German automotive group plunged 14 percent to 3.46 billion euros ($4.08 billion) in the July to September period, Daimler said on Friday, in line with the 3.43 billion euro consensus forecast in a Reuters poll of banks and brokerages.Aug 23, 2017 11:52 AM IST Vedanta’s quarterly core earnings rise about 48% The company, which mines zinc in Rajasthan, said earnings before interest, tax, depreciation and amortization rose to $777.8 million in the first quarter ended June 30, from $527.1 million a year earlier.Jun 29, 2017 04:12 PM IST Challenging to come up with a consolidated outlook of telecom sector: ICRA Competitive intensity could drive down industry’s revenues to Rs 2.4 lakh crore in FY18 from Rs 2.56 lakh crore in FY17.Jun 26, 2017 06:30 PM IST Record slowdown in bank credit growth; 1,000 companies borrowed Rs 1 trillion less in FY17 Some of the best known companies that have lowered loan funds include Gail India ( 48%), Piramal Enterprises ( 37%), National Fertilizers ( 37%), L ( 24%) Hindalco ( 20%) and Jet Airways ( 22%).Apr 07, 2017 02:59 PM IST Fitch gives ‘BB’ to JSW Steel’s unsecured debt “The final rating is in line with the expected rating assigned on March 28, 2017, and follows the receipt of final documents conforming to earlier information,” Fitch Ratings said in a statement.Mar 30, 2017 02:42 PM IST Eye 10 15 revenue growth in FY18; bring debt down to Rs 1K cr in CY17: Prime Expects a 10 15 percent growth in revenues and EBITDA growth of 25 30 percent for the fiscal year 2017 18, said Vikas Rathee, Group CFO, Prime.Mar 24, 2017 04:07 PM IST Fitch affirms JSW Steel ‘BB’; outlook negative The agency has also affirmed the company’s senior unsecured rating and the rating on its USD 500 million 4.75 percent senior unsecured notes due 2019 at ‘BB’, the rating agency said.Mar 23, 2017 12:52 PM IST After IT, fear of layoffs hits telecom space; 10,000 jobs at risk Dark clouds of job cuts loom over the telecom sector. The risk running with mergers is that as many as 10,000 employees may lose their jobs over the next year.Mar 21, 2017 02:14 PM IST Idea Cellular sees selling pressure on Day 2: What analysts are talking about it The stock had closed almost 10 percent closer on March 20 and fell over 7 percent intraday on Tuesday.
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