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SURPLUS VSNL LAND
- 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.
- 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.
- Cabinet note moved to sell VSNL land; may fetch Rs 6,150 crore
Facing a huge shortfall in disinvestment proceeds, the govt is likely to hive off VSNL's surplus land that may fetch the exchequer Rs 6,150...
- 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...
- 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.
- Surplus VSNL land can fetch Rs 6,156 Cr, say Tatas to government
The Tatas have told the government that the sale of the surplus land held by Tata Communications can fetch revenues to the tune of aboutRs ...
- Telecom panel meet remains inconclusive
The Telecom Commission, the apex policy-making wing of the communications ministry, will meet again by July-end to decide on key sectoral i...
- DoT panel wants surplus VSNL land hived off, blames Tatas for delay
The Tatas had objected to the demerger on the grounds that they would have to bear the cost-capital gains tax and stamp duty-of hiving off ...
- DoT response to demerger of surplus land still awaited: Tata Communications
Amid controversy over disinvestment of VSNL, Tatas hit back at govt, saying the co made several attempts since 2005 for demerger of surplus...
- Shourie touts rules on surplus land to defend VSNL divestment
The UPA govt has invited bids to hire consultants to ascertain the value of the 773.13 acres of VSNL surplus land & also initiate the proce...
- Don't want to keep 770 acres of surplus VSNL land, say Tatas
The statement came in the wake of Kapil Sibal ordering DoT to find out why it was taking so long to decide what to do with the land.
- Government invites expression of interest to sell surplus land of VSNL
The government has invited bids to hire consultants to determine the value of the surplus land held by erstwhile VSNL (now Tata Communicati...
- DoT to hive off VSNL's 773-acre surplus land
DoT decided to hive off the surplus land of divested public sector firm VSNL into a stand-alone company, paving the way for its eventual di...
- DoT seeks finmin's views on auctioning VSNL plot
DoT has asked the revenue department to submit its views on the auctioning the 773 acres of prime plot in four cities, once owned by VSNL b...
- VSNL up 8% on nod to sell surplus land
VSNL shares rose nearly 8 per cent after the Telecom Commission approved Department of Telecommunications' proposal to sell 773 acres of su...
- Telecom commission okays DoT's move to sell surplus land
According to rough estimates, the land would be worth over Rs 10,000 crore ($2.5 billion). The commission said the Tatas are eligible to pa...
- Tatas say no benefit from demerger of VSNL land
Tata says it is a mere custodian of the VSNL plot and has no authority to take any decision pertaining to it.