Tata Communications has reported a significant decline in net profit for the recent quarter, raising concerns among investors and industry analysts. The company’s net profit fell by 42.9% year-on-year, dropping from ₹333 crore in the previous year to ₹190 crore this quarter. This downturn can be attributed to various factors including increased competition, fluctuations in ...
The Tata Group, a multinational conglomerate with diverse interests, is a name synonymous with industrial growth and innovation in India. Recently, its telecom sector arm, Tata Tele Services (Maharashtra) Limited (TTML), has been in the spotlight due to a significant drop in its stock prices. This article explores the recent fluctuations in TTML’s stock, the ...
The Securities and Exchange Board of India (SEBI) is poised to grant final approval for Jio Financial’s entry into the mutual fund sector, contingent upon the completion of certain conditions set by Jio Financial and BlackRock. This development is expected to significantly enhance competition within the mutual fund industry, which has been witnessing a growing ...
In the ever-evolving landscape of global wealth, the rankings of the richest individuals frequently shift, reflecting changes in market dynamics and personal fortunes. One of the latest developments in this arena is the rise of Mark Zuckerberg, the CEO of Meta Platforms, who has recently surpassed Jeff Bezos, the founder of Amazon, to claim the ...