Page 39 - Krishna Kant

TCS and JLR, 2 jewels in the Tata crown

Tata group has one of the best financial ratios and is among the lowest leveraged among the country's top family-owned groups

Tata's telecom venture: A call that went wrong

Ratan Tata's decision to enter the all-new world of CDMA technology-based mobile telephony in 2003 while getting out of Idea Cellular

Past investments to weigh on new Tata Sons chairman

Ratan Tata's strategy to derisk the group's portfolio by going global has ended up creating significant exposure to the EU

Tata group debt peaked, leverage declined under Mistry

Gross debt climbed 50% between 2011-12 and 2015-16, but net debt-to-equity ratio at a nine-year low in 2015-16

Demonetisation punctures consumption stocks

Investors in these stocks have lost nearly Rs 1.62 lakh crore worth of wealth in the past three days

Smaller Tata companies sparkled under Cyrus

Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies

Top family-owned business groups continue to struggle

The debt woes of India's top business houses are not over even 8 years after the Lehman crisis and their profit growth remains anaemic

Tata group firms' leverage has fallen since FY10

Tata Motors and Tata Steel, the most asset-heavy Tata companies, accounted for 60 per cent of the group's total capital employed in the previous financial year

The Cyrus Mistry Scorecard: Focus on consolidation and debt reduction

Tata group's leverage ratio was reduced to 0.73x in 2015-16 even as it kept pace with the rest of corporate India in terms of growth

Mistry family's stake in Tata Sons could be worth Rs 90,000 cr

Tata Sons' valuation estimated at Rs 5 lakh crore

Tatas saw faster dividend growth under Cyrus Mistry

Dividend pay-out by the group companies grew at a compounded annual rate of 15.7% under Cyrus, sharply up from 2.5% in the previous three years

Equity support to Tata group firms slows

There was virtually no incremental equity investment by Tata Sons during Mistry's first two years

Q2 Results: Financials, RIL save the day for early birds

Q2 sales up 7.9%, net rises 9.5%; tech firms, cement disappoint; slowest profit growth in 8 qtrs, minus RIL & finance

Ruias to shift focus to steel, power

However, sale of Essar Oil will result in a major drop in revenue and profit for the group

Cheaper pound hope for Tata group firms

After Brexit, fall in value of British currecy to benefit Tata Motors, Tata Steel but adversely impact TCS, Tata Global Beverages

Rising US yields could spoil party

Yield on 10-year US treasury is up 34 bps since July, pushing up the risk-reward for foreign investors in emerging equities

Essar Oil sale to reduce group revenue by 80%

Ruias to now focus on steel, power and ports

Essar will reduce group debt by Rs 75,000 cr: Prashant Ruia

Interview with Director, Essar Group

Another quarter of polarised result expectations

Select auto, consumer durables, oil marketing and agri companies estimated to do well; software, banking and oil producers to lag

Tata Motors is second most valuable automaker in Asia

At $27.3 billion, Tata Motors' market capitalisation higher than Hyundai and Suzuki