Sep 06, 2021 06:52 PM IST
The support can be by way of deferment of spectrum dues, cut in levies, reduction in interest rates, and a combination of relief measures could aid financial profile and the structure of the industry.
- Aug 16, 2021 09:42 PM IST
MBCPNL is an important gateway connecting Maharashtra with 6 neighbouring states, which covers over 20 percent of the commercial road traffic in India.
- Mar 31, 2021 02:49 PM IST
Much of the plans though hinge on the Supreme Court ruling on JSW Steel's petition to give it immunity from a probe by Enforcement Directorate on the former promoters of BPSL
- Feb 05, 2021 10:22 PM IST
Total Income from operations rose 35.6 per cent to Rs 132.1 crore in the third quarter of financial year 2020-21 as compared to Rs 97.4 crore revenue in October-December period of the previous fiscal year.
- Jan 11, 2021 06:20 PM IST
The Department of Telecom (DoT) also said that the process for spectrum allocation for 4G services to Bharat Sanchar Nigam Ltd (BSNL) on pan-India basis, including Delhi and Mumbai, has been initiated and funds have been provisioned in FY2020-21.
- May 21, 2020 06:25 PM IST
"Notwithstanding the effect of the pandemic, we expect FY21 industry mobile service EBITDA to increase by about 15 percent YoY, which will outperform our Indian GDP growth forecast of 0.8 percent, as the industry will realise the full-year benefit of industry-wide tariff hikes of around 30 percent, effective from December 2019," the rating agency said in a note.
- Jan 28, 2019 01:28 PM IST
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
"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
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
The company had clocked Rs 86 crore profit from renewable business in the same period last year.
- Oct 20, 2017 12:04 PM IST
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
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
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
Some of the best-known companies that have lowered loan funds include Gail India (-48%), Piramal Enterprises (-37%), National Fertilizers (-37%), L&T (-24%) Hindalco (-20%) and Jet Airways (-22%).
- Apr 07, 2017 02:59 PM IST
"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
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 Focus.
- Mar 24, 2017 04:07 PM IST
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
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
The stock had closed almost 10 percent closer on March 20 and fell over 7 percent intraday on Tuesday. CLSA has maintained its sell call on the stock, while Motilal Oswal has upgraded the stock to a buy call.
- Mar 03, 2017 03:26 PM IST
"India Ratings and Research (Ind-Ra) has maintained a stable outlook on the construction sector for FY18, driven by the expectation that the slow but steady increase in revenue and improvement in EBITDA margins seen during FY16 and 1HFY17 will continue in FY18," the rating agency said in a statement.
- Feb 27, 2017 10:20 PM IST
Fitch Ratings has affirmed
state-run hydro power producer NHPC the Long-Term Foreign and
Local-Currency Issuer Default Ratings (IDRs) at 'BBB-' with
stable outlook -- reflecting its robust operating and
- Feb 20, 2017 04:14 PM IST
The metal and mining conglomerate had clocked a revenue of USD 2.45 billion and had recorded an EBIDTA (earnings before interest, taxes, depreciation and amortisation) of USD 493.6 million in the third quarter of fiscal 2015-16.
- Feb 20, 2017 12:33 PM IST
Tata Power is keen to pare its debt and bring down the debt-equity ratio to 2 through sale of non-core assets, says CEO & MD Anil Sardana.
- Feb 20, 2017 12:28 PM IST
The Engineering Procurement Construction (EPC) contractor has bagged an order to build a 67-kilometer long road in the Tuljapur to Ausa section of the National Highway - 361.
- Feb 14, 2017 07:00 PM IST
Second largest low-cost carrier SpiceJet today reported its eighth successive profitable quarter with a profit of Rs 181.1 crore for the three months to December, down 24.5 percent from Rs 240 crore a year ago.