A strong focus on power distribution and green energy continues to drive Tata Power’s growth. During the quarter ended September 2021, Tata Power reported a 13 percent year-on-year (YoY) growth in revenue despite high coal prices. Consolidated net profits grew by 36 percent to Rs 506 crore. Moreover, given its solar order book, strong EPC project pipeline, fast execution of green energy infrastructure, lower taxes, and a spurt in international coal prices, the earnings visibility for the next two...
Moneycontrol Pro Panorama | GST: A simple, reliable tax still a distant dream?
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In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and more
Read NowMoneycontrol Pro Weekender | People’s Bank of China rides to the rescue
May 21, 2022 / 10:10 AM IST
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth
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