co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
The F52 classification is for athletes with impaired muscle power, restricted range of movement, limb deficiency, or leg length difference, with athletes competing in a seated position.
Indian discus thrower Vinod Kumar won a bronze medal in the men's F52 event of the Paralympics. However, some competitors, have objected to his classification in the F52 category.
Earlier, Bhavina Patel and Nishad Kumar won silver medals in Table tennis and High jump respectively.
Tata Communications has reduced its capital expenditure to around USD 250-300 million this year compared to USD 600-700 million in the last year. Vinod Kumar says the capex intensity has come down significantly, due to which the ROCE has improved this year.
"Our data business continues to grow very strongly across geographies and segments especially with our new services. Our enterprise business growing 30 per cent per year," Tata Communications Managing Director and Group CEO Vinod Kumar told reporters here.
The company had reported a net profit of Rs 92.39 crore in the corresponding period last fiscal, Tata Communications said in a filing to the BSE.
Shares of Tata Communications climbed over 2 percent intraday Tuesday on order from Formula-1 Management and Porsche Supercup Racing Series.
Total income of the company rose 15.95 percent to Rs 4,952.61 crore for the reported period as compared to Rs 4,270.99 crore last year.
In this edition of CNBC-TV18‘s The Forbes India Show, meet Vinod Kumar, MD and group CEO, Tata Communications as he takes you on journey of a monopolist, government-owned company that was operating largely with Indian customers transforming into a global company operating in a number of emerging markets.
Tata Communications is on the look out for growth opportunities globally, even as the company is maintaining a cautious outlook on the choppy economic environment.
Tata Communications today posted a loss of Rs 142.08 crore for the quarter ended June 30, 2012, against that of Rs 278.74 crore in the same quarter last year.
Tata Communications, which operates among the largest submarine cable networks, hopes to maintain a good run rate in the current financial year (2012-13), helped by expansion into new areas and strong growth in core business.
Tata Communications will recruit an extra 1,200 staff over the next 12 months in its outsourcing, sales and engineering divisions as it tries to turn around nearly three years of losses, the firm's CEO said on Wednesday.
