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Sterlite Technologies Ltd (STL) Group CEO Anand Agarwal said running operations in the backdrop of pandemic gives the company confidence that processes have been strengthened to the extent that it is now better prepared to navigate through the situation on ground.
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Its consolidated revenue during October-December 2020 grew 9.2 per cent to Rs 1,314.44 crore, compared with Rs 1,202 crore in the year-ago period.
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Anand Agarwal, CEO - Sterlite Technologies Limited, likes to be up early to hear the birds and enjoy the first rays of the sun
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"We are strengthening our ecosystem that we speak about, our wireless and 5G ecosystem, so clearly on that front we are continuing with a strong level of hiring," Agarwal told PTI.
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Speaking to CNBC-TV18 Anand Agarwal, CEO & Director, Sterlite Tech, said the company is seeing global demand for optical fibres from the US and China. This demand is driven by data demand, he said.
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Keeping in view that there is a need for data infrastructure in the country and it will have to be built, we expect Sterlite Tech to be one of the beneficiaries of the government's broadband rollout, said Anand Agarwal, Chief Executive Officer and Director at Sterlite Tech.
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For the past five years the telecom business has been growing at around 28 percent year on year and going forward we expect to maintain or better growth, said Anand Agarwal, CEO & Director, Sterlite Tech.
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The company had reported a net profit of Rs 39 crore in the corresponding period last fiscal. However, the numbers are not comparable as Sterlite Technologies had announced demerger of power business effective April 1, 2015.
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Developing citizen friendly and economically viable cities is an urban initiative by the Government of India. Cities are engines of economic ...
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In an interview to CNBC-TV18, Anand Agarwal, CEO & Director of Sterlite Technologies spoke about optic fibre cables business and gave his outlook for the company.
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In an interview with CNBC-TV18, Anand Agarwal, CEO and Director of Sterlite said that this project will add about Rs 135 crore to the EBITDA for the power business.
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The funding for the Elitecore acquisition would be through internal accruals said Anand Agarwal, CEO, Sterlite Technologies.
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Agarwal, who is also the Chairman of mining giant Vedanta Resources, said the company is bullish on the defence sector.
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Under the agreement, Ericsson will collaborate with Sterlite to design a roadmap and deploy solutions and services required to create a fully functioning knowledge-based society, Ericsson said in statement.
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Anand Agarwal, CEO and director of Sterlite Technologies says during the construction phase, interest rate was 11.5-12 percent. It has now managed to refinance the project almost 150 basis point below that, he says.
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Anand Agarwal, CEO & Director, Sterlite Technologies says there would be further uptick in margins going forward on improved operating leverage in the telecom business.
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A significant growth in telecom orders has been seen, says Anand Agarwal of Sterlite Technologies adding that order pipeline for transmission sector is also set to improve.
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In an interview with CNBC-TV18, Anand Agarwal, CEO and Director, Sterlite Technologies, spoke about the company's results and the road ahead.
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Anand Agarwal, CEO and director of Sterlite Technologies in an interview on CNBC-TV18 spoke about the latest BSE announcement they made about their wholly owned subsidiary of the Jabalpur Transmission Company completing 100% acquisition of the Bhopal-Dhule Transmission Company Ltd.
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In an interview with CNBC-TV18, Anand Agarwal, CEO & Director of Sterlite Technologies gave his perspective on the company's business plans going forward.
