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STL GROUP
Sterlite lays off nearly 100 staff in move to pare operational costsPune-based Sterlite Technologies (STL) has laid off approximately 100 employees, including senior executives, as part of a restructuring pl...17 Oct, 2023, 12.05 AM IST- Deepak Fertilisers to demerge mining chemicals, fertiliser businesses"The proposed corporate restructuring shall considerably help create strong independent business platforms within the larger DFPCL brand um...16 Dec, 2022, 10.03 AM IST
- Sterlite Technologies group chief corporate officer KS Rao quitsDecember 15 is Rao’s last working day at the Pune-based company which is one of the largest manufacturers and suppliers of optic fibre cabl...09 Dec, 2022, 11.18 AM IST
- Filled gaps with recent buys; M&A now only for distinctive capability: STL CFORecently, Sterlite Technologies posted an 81 per cent year-on-year jump in consolidated net profit for the quarter ended September 2021 at ...31 Oct, 2021, 02.15 PM IST
- Committee on business reorganisation to give recommendations on road map by mid November: Sterlite Tech CEOSTL has done half a dozen acquisitions over last few years in different geographies, including UK based network integration company Clearco...05 Sep, 2021, 03.01 PM IST
- Sterlite Tech Q1 results: Net profit jumps multi-fold to Rs 116 croreThe revenue from operations of STL increased by about 49 per cent to Rs 1,309.23 crore during the reported quarter from Rs 876.2 crore in t...22 Jul, 2021, 11.15 PM IST
- Sterlite Technology to acquire UK's Clearcomm Group in overseas pushSterlite Technologies will acquire Clearcomm Group in two tranches at an enterprise valuation of Rs 160 crore. The deal is part of the Indi...22 Jul, 2021, 02.34 PM IST
- STL Q4 results: Net profit rises 55% to Rs 124 crThe revenue rose to Rs 1,475 crore in the just-ended quarter, marking a 27 per cent growth over the year ago period.29 Apr, 2021, 07.54 PM IST
- Sterlite Tech Q3 results: Net profit jumps 65% to Rs 87 croreIts consolidated revenue during October-December 2020 grew 9.2 per cent to Rs 1,314.44 crore, compared with Rs 1,202 crore in the year-ago ...20 Jan, 2021, 07.01 PM IST
- Expect all approvals for Optotec buyout by December-January: STL Group CEOThe company recently announced that it will acquire Optotec, an optical interconnect products company, at an enterprise value of 29 million...08 Nov, 2020, 02.56 PM IST
- Sterlite Technologies to acquire Italy-based OptotecOptotec, has portfolio that would compliment STL's 'Opticonn' offering of optical fibre and cables for an integrated products portfolio.02 Nov, 2020, 07.55 PM IST
- STL, VMware to collaborate on 5G access solutionsSTL will leverage VMware vCloud NFV to install, manage and maintain the environment for network microservices such as switching, firewall, ...27 Feb, 2020, 03.02 PM IST
- Sterlite Technologies, IIT Madras sign pact for 5G advancement"Sterlite Technologies Ltd (STL) has signed a memorandum of understanding (MoU) with Indian Institute of Technology Madras for sponsoring a...10 Dec, 2019, 04.17 PM IST
- Indian telcos increasingly looking at local gear makers amid US-China row: STL CEOFrom just a manufacturer of optical fibre and cables, STL has evolved into an end-to-end data network solutions provider, partnering with g...18 Oct, 2019, 06.43 PM IST
- Sterlite Tech jumps 12% after promoters remove pledged sharesThe issue of promoter pledged shares has been an overhang for the scrip.11 Jun, 2019, 03.45 PM IST
- Promoter company removes pledge of 52% stake in Sterlite TechSTL stock gained 1 per cent to close at Rs 173 on Monday.11 Jun, 2019, 07.39 AM IST
- Sujana Towers picks up 51% in Mauritius companySujana Towers, the power and telecom towers subsidiary of the Sujana Group, has acquired 51% stake in Telesuprecon.19 Jun, 2008, 12.29 AM IST
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