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BSNL PROPERTIES MUMBAI
BSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh croreRecently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of th...
No significant headway achieved on BSNL-MTNL assets monetisation: Par panelThe Standing Committee on Communications and IT, in its report, has said that its earlier recommendation of reservation/designation of land...
Non core asset monetisation begins: Six BSNL, MTNL properties put up for biddingThe government is likely to auction more assets of PSUs after the current round. It will use the MSTC platform for selling non-core assets ...
Government puts on sale MTNL, BSNL assets worth about Rs 1,100 croreThe Department of Investment and Public Asset Management (DIPAM) website has listed MTNL assets located in Vasari Hill, Goregaon in Mumbai ...
GoM defers BSNL-MTNL merger; approves BSNL land sale to CBSE for Rs 64 croreThe group of ministers (GoM) has also approved the sale of 6,000 square metres of BSNL land in Noida to Central Board of Secondary Educatio...
MTNL working on monetising certain assets in MumbaiMinister of State for Finance Anurag Singh Thakur said International Property Consultants has been appointed for end-to-end transaction adv...
BSNL has identified properties worth over Rs 20,000 crore for monetisation: CMDIn October last year, the government had approved a Rs 69,000 crore revival package for BSNL and MTNL. Meanwhile, a government source told ...
Indiabulls Real Estate to sell Chennai commercial asset to Blackstone for Rs 850 croreSubject to satisfaction of closing conditions, the transaction is to be completed in tranches by September 30, 2019.
Telecom PSUs to invest Rs 16,815 crore in 2016-17Loss-making PSU MTNL will spend Rs 649.03 crore and Centre for Development of Telematics (C-DOT) will invest Rs 100 crore, according to the...
MTNL ends 20% higher as government plans to delist stock before merger with BSNLMTNL rallied 20% in intraday trade on reports that the govt is planning to delist the stock before merging it with BSNL.
BSNL and MTNL to be merged by July 2015In a presentation to Prime Minister Narendra Modi, seen by ET, DoT said it expects to “secure Cabinet approval for the proposed BSNL-MTNL m...
Digital India project could be a lifeline for MTNL, BSNLMTNL has proposed the formation of a separate 50:50 joint venture with BSNL for jointly delivering citizen services across India at a flat ...
Bharat Sanchar Nigam Limited expects Rs 400-500 crore from leasing land in first yearBSNL plans to offer seven out of 10 identified land parcels on leases of 30-90 years for commercial or residential projects.
BSNL appoints KPMG India to hive off its tower assetsBSNL has about 70,000 towers across the country and plans to hive off its physical infrastructure and land bank into separate offshoots.
BSNL, MTNL invite bids to review real estate assetsBSNL, MTNL have invited bids from consultants to help them monetise real estate, a move aimed at recouping falling profits and revenues.
- BSNL banks on land assets to ring in profits
BSNL has drawn up plans to develop and rent out its real estate holdings across the country, as the state-owned erstwhile blue chip looks t...
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