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TCIL DIVIDEND TO GOVERNMENT
TCIL pays Rs 43.86 crore dividend to government for FY26; profit after tax at Rs 146 croreTelecommunications Consultants India Ltd has paid a dividend of Rs 43.86 crore to the Government of India. This payment follows an operatin...- Government may sell 15% stake in Bharti Hexacom in multiple chunksLast week, Bharti Hexacom, a unit of Sunil Mittal-driven Bharti Airtel completed shares allotment to the investors following the public iss...
- TCIL standalone net profit at Rs 53 crore in 2020-21"In 2020-21, TCIL achieved standalone revenue and profit-after-tax of Rs 17,492.90 million and Rs 527.70 million respectively," the release...
- Telecom panel to meet on July 2 to decide on TCIL divestmentTelecom Commission will meet next month to discuss divestment of government equity in TCIL and forming a “finance corporation” for the tele...
- Government considering divesting 10% stake in Telecom Consultants of India LtdThe Telecom Commission will meet on February 18 to consider listing TCIL by divesting a 10% stake.
- Law Ministry says no to Bharti Airtel subsidiary Hexacom listing"The declaration or non-declaration of dividend is a management function and unless it is malafide, it is difficult to challenge," the soli...
- Bharti Airtel pays Rs 11.75 cr interim dividend to TCIL for FY'12Telecom major Bharti Airtel has paid a first-ever interim dividend of Rs 11.75 crore to its minority partner in Bharti Hexacom.
- TCIL pays Rs 4.32 cr dividend to government for FY'11TCIL today presented a dividend cheque of Rs 4.32 crore to Minister of Communications and IT Kapil Sibal for the 2010-11 financial year.
- DoT asks TCIL to revisit proposal to exit from JV with Bharti in RajasthanBharti owns a 70 per cent stake in the JV and the remaining 30 per cent is with Telecommunications Consultants India Limited (TCIL).
- Bharti Airtel, TCIL divided over Hexacom dividendHexacom offers mobile services in six north-eastern states (excluding Assam) and Rajasthan, and has a little over 15 million customers.
- DoT may ask Bharti for 20 per cent dividend in Bharti HexacomThough the TCIL board had been looking to exit for a while, it has decided to stay invested in light of Hexacom's strong performance.
- Government not to sell 30% stake in Bharti HexacomTelecom department has shelved plans to sell government's 30% stake in mobile phone company Bharti Hexacom, a subsidiary of Bharti Airtel.
- Bharti Airtel faces flak for denying dividend to Telecommunications Consultants India Limited in Rajasthan JVTCIL has invested over Rs 106 crore in Bharti Hexacom till date since 1995, but has not received any returns so far.
- Airtel to list JV to provide TCIL with exit optionBharti Airtel has offered to list its subsidiary, which offers mobile services in six northeastern states (excluding Assam) and Rajasthan, ...
- Govt defers TCIL's stake sale in Bharti HexacomLast month, Bharti Airtel withdrew its bid to buy out the government's 30 per cent stake, citing undue delay in the sale process.
- Govt's plan to exit Bharti Hexacom put on holdThe govt's plan to exit mobile phone company Bharti Hexacom has been put on hold after the cabinet secretary KM Chandrasekhar asked the tel...
- Bharti may have to pay 1,800 cr for TCIL's 30% stake in subsidiaryAt present, TCIL owns 30% in Hexacom. The consultants appointed by TCIL to oversee its exit from Bharti Hexacom have said the reserve price...
- Govt to sell 30% TCIL stake in Bharti HexacomThe government on Thursday decided to sell its 30% stake in a joint venture with Bharti Airtel to raise funds for the expansion of state-ru...
- Government reviewing TCIL's exit from Bharti Hexacom JVThe government on Tuesday appeared to be in favour of divesting its stakes held through TCIL in Bharti Hexacom.
- Govt set to exit Bharti arm as ministries clear 30% stake saleThe decks have been cleared for the sale of the government’s 30% holdings in Bharti Hexacom, a subsidiary of the Bharti Airtel.
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