The company reported strong earnings across its segments, with a 385 basis points (bps) improvement in the operating profit (Ebitda) margin to 36.1%. A basis point is a hundredth of a percentage point.
The Indian rupee is at a critical point, falling past 93 against the US dollar. Crude oil prices and foreign investor outflows are pressuring the
Tata Power share price surged after Gujarat approved a new power supply deal. This allows the company to restart its 4-gigawatt Mundra plant. The agreement
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