L&T and Tata Steel – A tale of two companies..!

L&T and Tata Steel both declared their results yesterday. While Tata Steel recorded improvement of 18% (excluding one-off) at EBITDA level it recorded loss of more than Rs 3,000 crore at net level for the quarter. For L&T, it was an impressive performance with 35% increase in EBITDA and 19% at net level. With annual … Continue reading L&T and Tata Steel – A tale of two companies..!
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Tata Steel Corus buy – What went wrong…

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After Struggling for nearly nine years with Corus, Tata Steel has finally called it quits. A sad event for sure, to end the audacious attempt by Mr Ratan Tata to take Tata Steel global. Continue reading Tata Steel Corus buy – What went wrong…

Deciphering Core Sector Growth…

Core sector data released last week shows that the eight core sectors have recorded an impressive growth of 6.4% in March’16. More importantly, this is the fifth month when growth rate has improved over previous months indicating consistency which is quite unusual for a data set like this. The significance of core sectors is that these … Continue reading Deciphering Core Sector Growth…
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