Historically, Tata Steel has always been among the biggest companies in the group in terms of m-cap, revenue, and profit but its fortunes began to decline after 2010 due to a sharp decline in the profitability of its European operations that it had acquired in 2007. The company was hit by a sharp rise in its debt level after this acquisition. First, it lost out to Tata Motors in terms of revenue in FY11 and then in March 2015, Titan beat it to become the third-biggest firm in the group in terms of m-cap. In FY20, TCS reported higher revenue and Tata Steel had become the third biggest company in that terms.
In the first six months of the year, the average number of deals a month stood at 1,264, against 1,484 in the six months ended December 2012
The global snacking powerhouse, has roped in a brand ambassador for Perk.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
