Mumbai: Tata Sons, the holding entity of the $410-billion Tata Group, has sought to voluntarily surrender its certificate of registration to the Reserve Bank of India (RBI) after repaying more than₹20,000 crore in debt in a strategic move that allows it to remain an unlisted, closely held company. If these loans were continued, Tata Sons …
India Inc’s first-quarter earnings have been mixed so far, with better-than-expected numbers from IT companies but slightly underwhelming performance from banks. As we approach the end of the earnings season, several companies, including Airtel, ONGC, LIC, Vedanta, and Tata Power, will announce their June quarter results this week. August 5 Bharti Airtel, ONGC, Marico, Bharti …
UltraTech Cement: The company announced on Monday that its consolidated profit after tax for Q4FY24 surged by 36% YoY to ₹2,258 crore. This exceeded expectations, driven by a reduction in fuel costs and a double-digit increase in volume. In Q4FY23, the company had posted a net profit of ₹1,666 crore. The consolidated revenue from operations …
Stocks To Watch March 22: Domestic markets surged on Thursday following a rally in global markets after the US Fed projected three rate cuts this year. In today’s trade, shares of Infosys, Wipro, Prestige Estates, Tata Chemicals, Tata Communications among others will be in focus due to various news developments. Bharat Dynamics: The company’s board has …
Just when the shares of Tata Consultancy Services (TCS) hit a fresh lifetime high of Rs 4,254.45 on BSE on Monday, investment banker JP Morgan issued the term sheet of a block deal in which Tata Sons was looking to sell 2.43 crore shares of the software company. The next day, a large block deal …
Shares of Tata Chemicals, which rallied 36% in the last 4 trading sessions, hit the 10% lower circuit limit at Rs 1,183.45 on BSE in Monday’s trade as the Tata Group is said to be trying to avoid the Tata Sons IPO. The impact was also felt on Tata Investment Corporation shares which hit the …
Tata Chemicals Ltd, whose shares surged 40 per cent in the previous six trading sessions, took a beating on Monday morning, falling about 9 per cent amid reports Tata Sons is evaluating options to avoid an initial public offer (IPO), which Kotak Institutional Equities said should deflate speculation around value-unlocking at Tata Chemicals. Kotak said …
Investors betting on a further jump in the Tata Chemicals Ltd stock are in a spot after reports surfaced that Tata Sons Pvt. Ltd, the principal holding company of Tata Group, may restructure its balance sheet to avoid a mandatory listing by September next year. Investors betting on a further jump in the Tata Chemicals …
டாடா குழும நிறுவனங்களில் ஒன்றான டாடா கெமிக்கல்ஸ் நிறுவனத்தின் பங்கு விலை கடந்த 6 நாட்களாக தொடர்ந்து உயர்ந்து வருகிறது. அதாவது பங்கின் விலை கிட்டதட்ட 20 சதவிகிதம் வரை விலை அதிகரித்துள்ளதால் முதலீட்டாளர்கள் மகிழ்ச்சி அடைந்துள்ளனர். மார்ச் 7ம் தேதியான இன்று வர்த்தகம் தொடங்கிய உடனே பங்கு விலை 6.98 சதவிகிதம் அதிகரித்து ரூ.1,259.75 என்ற நிலையில் வர்த்தகமாகி வருகிறது. டாடா கெமிக்கல் பங்கு 2024ம் ஆண்டு ஜனவரி 5ம் தேதி அன்று அதன் 52 …