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Tata Communications Obtains Maiden $250-Million Sustainability Loan From Foreign Banks Tata Communication Limited has informed that it has secured its maiden five-year $250 million sustainability-linked loan from three foreign banks. Tata Communications Limited is the leading global digital ecosystem enabler. It has a leadership position in emerging markets and an infrastructure that spans the globe. It delivers managed solutions to multinational companies and service providers. It partners with 300 Fortune 500 companies with its state-of-the-art solutions, including a wide range of communication, collaboration, cloud, mobility, connected solutions, network, and data center services. Tata Communications secures maiden sustainability loan Tata Communications has successfully secured a significant milestone in its sustainability journey by raising a substantial $250 million sustainability-linked loan (SLL) from leading financial institutions including ANZ, DBS Bank, and Export Development Canada (EDC). This loan, spanning a period of five years, is strategically aimed at supporting Tata Communications in achieving its ambitious carbon emission reduction targets, which are pivotal for enhancing its long-term sustainability performance. ANZ played a crucial role as the lead sustainability coordinator for this loan, with DBS Bank and EDC joining as joint sustainability coordinators, showcasing a collaborative effort towards environmental responsibility and sustainable business practices in the finance sector. Tata Communication’s Maiden Sustainability Loan Tata Communications has initiated its first Sustainability-Linked Loan (SLL) under the company’s innovative SLL framework. This framework strategically aligns funding with crucial objectives, particularly focusing on carbon emission reduction targets as core non-financial covenants essential for the company’s enduring sustainability performance. The loan’s interest rate margin is flexibly designed to adjust based on Tata Communications’ progress towards these targets, symbolizing a direct link between banking costs and environmental milestones achieved. These short-term objectives harmonize with the company’s broader vision of achieving net-zero status across its global operations by 2035, showcasing a firm commitment to environmental stewardship and sustainable business practices. Conclusion Tata Communications’ successful $250 million sustainability-linked loan marks a significant step in its commitment to reducing carbon emissions and achieving long-term sustainability goals. The stock of Tata Communications currently trades at Rs.1846.15 a piece down by 1.2% from its previous day’s closing price. Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions. Angelone Tata Communications Share Price - Buy Tatacomm Stock Live NSE,BSE | Angel One Tata Communications Share Price - Get Tatacomm Live BSE/NSE stock price with latest research reports, balance sheet, stock analysis and share price history at Angel One.

Tata Communications And Cisco Introduce Webex Calling To Improve Enterprise Customer Experience Tata Communications and the US-based telecom gear maker Cisco in partnership have introduced Webex Calling with cloud Public Switched Telephone Networks for enterprises in India. Tata Communications Limited is an Indian telecommunications company acquired by the Tata Group, The telecom company has partnered with the US-based telecom gear marker Cisco to launch the Webex Calling feature with cloud Public Switched Telephone Networks for enterprises in India. About Webex Calling Webex Calling is a premier business phone system that offers enterprise-grade calling through a strong cloud platform. With a user base exceeding 14 million globally, this service is set to expand through the integration of Cisco’s Webex Calling with Tata Communications’ Global Rapide platform. Powered by Artificial Intelligence and Machine Learning, Webex supposedly has 1.2B+ messages sent per month, 14M+ Webex calling users, 8B+ monthly calls, 225M+ files, and URLs scanned monthly for malware, and 27B meetings minutes per year. Integration of Webex Calling with Tata Communications’ Global Rapide platform Cisco highlights that ‘Webex Calling by Tata Communications’ will empower enterprises to enhance their communication infrastructure while ensuring compliance with Indian regulations, all without the need for significant upfront investments in server hardware. This service provides access to the comprehensive Webex Suite, which includes features like Meetings, Messaging, Webinars, AI-driven innovations such as audio intelligence, and a full range of devices, facilitating seamless collaboration and productivity. Sr Vice President of Tata Communications on This Partnership Arijit Bonnerjee, Sr Vice President and Head of Tata Communications India has said, “We are thrilled to announce a dedicated capability hosted in India – for national enterprises and global MNCs operating here. This marks a milestone in our partnership with Cisco, driving innovation and delivering an intelligent interaction fabric for enterprises in the digital era.” Conclusion The partnership of Cisco’s Webex Calling with Tata Communications’ Global Rapide platform displays a significant advancement in enterprise communication solutions. This partnership not only ensures compliance with the Indian regulations but it also eliminates the need for costly server hardware investments. By leveraging the extensive features of the Webex Suite, including AI-powered tools and a comprehensive range of devices, enterprises can achieve enhanced productivity and operational efficiency. Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions. Angel One Tata Communications Share Price - Buy Tatacomm Stock Live NSE,BSE | Angel One Tata Communications Share Price - Get Tatacomm Live BSE/NSE stock price with latest research reports, balance sheet, stock analysis and share price history at Angel One.

About the project After the pressure from the last three to four trading sessions, the BSE Power Index closed in green today at 6,428.35, up by 1.81%. Tata Power Company also closed in green today as their subsidiary Tata Power Renewable Energy Limited (TPREL) and Tata Communications have inked a groundbreaking partnership, paving the way for a greener future. The signing of a Power Delivery Agreement (PDA) valued at Rs 105 crore signifies the development of an 18.75 MW AC group captive solar power plant, marking a significant leap forward in both companies’ sustainability journeys. Key Highlights The plant, located in Aachegaon, Maharashtra, will generate approximately 40 million units of power annually, offsetting an impressive 30,000 tons of CO2 emissions. This initiative reinforces Tata Communications’ commitment to environmental responsibility by incorporating renewable energy into its operations. This project serves as a powerful example for the entire sector, showcasing the feasibility and vast benefits of adopting sustainable energy practices. TPREL emphasises its role in supporting India’s ambitious net-zero carbon emissions target by 2070 through such group captive projects. This collaboration adds to TPREL’s surpassing of 1.5 GW capacity in group captive projects across diverse industries. Share Price Movement In the last trading session, the stock closed at Rs 365.05. Today, it opened at Rs 364.30 and closed at Rs 374.10, up by 2.48%. The company’s 52-week high stands at Rs 412.90, while its 52-week low stands at Rs 182.45. Currently, the company boasts a market capitalisation of approximately Rs 1,19,300 crore. Looking back over the past year, the company’s shares have yielded a staggering return of 83.90%, in the same time frame BSE Power has changed by 87.30%. About the company Tata Power is primarily involved in the business of the generation, transmission and distribution of electricity. The company is also manufacturing Solar Panels and next-gen power solutions like EV Charging Solutions and Home Automation to integrated energy solutions (ESCO). It aims to produce electricity completely through renewable sources. The company is India’s largest vertically integrated power company. Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.