Page 10 - Tata Communications

Tata Comm's fresh priorities to raise returns

Change in business focus and lower capex are positives; these will boost the company's stock valuations

Tata Communications builds up infrastructure for cloud business

Srinivasan C R flagged government concerns about accuracy of data being stored, going forward

Tata Communications hits 52-week high

The stock rallied 8% to RS 519, extending its Wednesday's 6% surge on the BSE.

Tata Comm Q1 net profit declines 3.5% to Rs 41.7 cr

Company had posted a net profit of Rs 43.3 crore in the same period a year ago

Tata Comm exits Neotel for $295 mn

Money to be used to repay Neotel debt

Deals should keep Tata Comm debt in check

The focus will now turn to growth of its high-margin data business

Tata Communications surges after Econet agrees to buy arm Neotel

The stock surged 8% to Rs 485, trading nears to its 52-week high of RS 490 on the BSE.

Tata Communications installs 8k ATM units across the country

8,000th machine was installed at the tier-IV town of Appipatti, Theni in Tamil Nadu

Tata Comm Q4 net loss widens to Rs 205 crore

For year ended March 2016, it reported a loss of Rs 211.8 cr while it posted a net profit of Rs 1.29 cr a year ago

Tata Communications sells majority stake in 17 data centres for Rs 4,220 crore

The deal includes sale of a 74% stake in the company's 14 data centres in India for Rs 31.1 billion

ST Telemedia to buy 74% stake in Tata Comm's data centre biz

The deal size comes to around Rs 3,150 crore

Tata Communications to announce stake sale in data centre unit

The firm's board of directors had been informed about about its effort to sell stake in data centre infrastructure in India and Singapore

Tata Comm signs deals to enable live broadcast of content

Tata Comm expects its media and entertainment business to grow at compound annual growth rate of 40% through 2017-2018

Tata Communications to develop next generation network for Air France-KLM

The multi-million dollar contract will provide the airline with corporate programs in Middle East, Africa and Asia Pacific

Tata seeks buyer for Neotel unit after Vodacom scraps deal

The Neotel deal would have helped Tata Communications cut debt worth $1.5 billion