Tata Steel Corus buy – What went wrong…

After Struggling for about ten years with Corus, Tata Steel finally sold off a part of the business and started exploring a JV for the rest to reduce its losses. 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…

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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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..!
To access this post, you must purchase Archives Access or Combo Plan.

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..!
To access this post, you must purchase Archives Access or Combo Plan.

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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