Tata Teleservices Ends FY 15 With Rs. 3,846 Crore Loss Despite Revenue Surge
Tata Teleservices announced financial results for the FY15 and reported Rs. 3,846 crore loss. As per the reports published in Business Standard, the primary reason for this performance is said to be the increased cost factor. Tata Sons, the Holding Company of Tata Tele, helped the company with an additional sum of Rs. 1,025 crore to ensure that it met its financial obligations. The revenues of Tata Teleservices increased slightly... Read More
