Airlines recorded year-on-year growth of 15.7 per cent in passenger traffic according to the data released by the DGCA.
JSPL’s sales and profit growth will be determined by the steel prices and raw material prices.
The idea behind the move is to unlock value for shareholders and prepare a focused strategy for sustained growth.
Tata Steel reported Rs 6,982 crore in operating profit before depreciation (EBIDTA).
Vedanta's total net debt was Rs 8,100 crore at the end of FY17 and the net debt to EBITDA was 0.4, after considering cash from Hindustan Zinc.
The InvITs would be attractive to promoters with a lot of infras assets in portfolio, says Dina Wadia.
The strong performance increases the probability of Hindalco.
In the first nine months of FY17, United Spirits posted 6.5% sales growth, and its operating margin for the period was 9%.
Experts say the companies distributing almost all the cash on their books will help make the merger process easier
The current valuations have factored in the long-term growth sustainability.
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