Govt finalises stake sale in Tata CommunicationsThe government will sell its 16.12% stake in Tata Communications through an offer for sale (OFS) and the remaining 10% will be sold to Pana...
12 Mar, 2021, 10.52 PM IST
HPIL approves shares allotment to Tata CommunicationsHemisphere Properties India is a special purpose vehicle and custodian of 773.13 acre land that was owned by then state-owned telecom firm ...
19 Feb, 2020, 09.35 PM IST
Tata Communication extends deadline for demerger of surplus landLast year , the NCLT had approved a scheme which will clear the way to de-merge surplus land of nearly 773 acres from Tata Comm into HPIL.
29 Mar, 2019, 09.10 PM IST
NCLT nod to Tata Communications land demerger into Hemisphere Properties IndiaThe NCLT nod comes about two months after the Cabinet had cleared infusion of Rs 700 crore as equity and Rs 51 crore as secured loan into H...
12 Jul, 2018, 10.55 PM IST
Cabinet to infuse Rs 751 crore into Hemisphere Properties“It would facilitate demerger of surplus land from Tata Communications Limited to HPIL and further smooth functioning of HPIL,” the Union C...
05 Apr, 2018, 08.08 AM IST
Tata Communications land demerger to unlock value, prop up stockTata Communications plans to demerge 740 acres of land spread into Hemisphere Properties.
15 Dec, 2017, 08.36 AM IST
Tata Comm board okays demerger of surplus land via HPILThat deal didn’t include the surplus land. HPIL is a special purpose vehicle that was set up to handle surplus land transaction.
14 Dec, 2017, 07.58 AM IST
VSNL’s 773 acres to land in hemisphere, Government mulls 26% stake sale in Tata CommunicationsThe government may also, over time, sell its 26% stake in Tata Communications, earlier known as Videsh Sanchar Nigam Ltd (VSNL), after the ...
16 Sep, 2017, 04.04 PM IST
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...
01 Mar, 2016, 08.32 PM IST
Telecom PSUs to spend Rs 6,463 crore this fiscalBSNL will get Rs 100 crore as refund of upfront charges paid for spectrum to BSNL on surrender of BWA spectrum from government.
13 Jul, 2014, 12.18 PM IST
- VSNL surplus land valued at Rs 740 crore: Government
The issue of surplus land has been pending since 2002 when Tata Communications acquired the PSU.
05 Dec, 2012, 07.58 PM IST
- Government decides SAIL share sale, VSNL land to fetch Rs 10K crore
Govt approved a public offer to sell 10.82% of its stake in SAIL & demerger of surplus VSNL land into a separate company.
19 Jul, 2012, 10.39 PM IST
- Union Cabinet likely to decide on surplus VSNL land tomorrow
Union Cabinet is likely to take a decision on the issue of surplus VSNL land pending since 2002 when Tata Communications acquired the PSU.
18 Jul, 2012, 03.42 PM IST
- DoT seeks cabinet approval to hive off VSNL surplus land
Department of telecom (DoT) will approach the Cabinet for getting an approval to hive off 773 acre surplus land held by Tata Communications...
30 Aug, 2011, 04.49 AM IST
- VSNL Land: DoT to give Rs 2 cr loan for consulting firm to SPV
The Telecom Commission has asked DoT to provide Rs 2 crore loan to Hemisphere Properties.
21 Aug, 2011, 06.19 PM IST
- Tata Communication gets DOT nod to sell surplus land; stock up 8%
Shares in Tata Communication surged on reports that the company has received nod from the department of communication (DoT) to hive off 770...
11 Aug, 2011, 03.15 PM IST
- Tatas get Telecom Commission nod to hive off VSNL land into separate company
Telecom Commission cleared the proposal to hive off the 770 acres surplus land held by Tata Communications (formerly known as VSNL) into a ...
11 Aug, 2011, 05.15 AM IST