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TCIL EXECUTIVE
Bharti Hexacom IPO opens April 3; TCIL to halve stake in co to 15%Bharti Hexacom IPO on April 3, TCIL divests 15%. Bharti Airtel keeps 70%. ₹5,000 crore revenue expected. BofA's view on wireless services p...- 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...
- TCIL to raise Rs 1,500 crore from IPO, spend Rs 600 crore on expansionThe proposed IPO is likely to hit the market sometime in the middle of this year.
- Cabinet approves deputation of Group A tech officers to TCILTCIL provides consultancy and turnkey project execution services in telecom, IT and civil infrastructure sectors.
- Government may use telecom technology like SMS alerts for cleaning gangaThe top TCIL executive said that an automated SMS would be generated to warn the company if any violation occurs.
- MTNL and Tata Communications to not participate in jv rights issueMTNL owns 26.68% in UTL while the balance shares are owned by Tata Communications (26.66%), TCIL (26.66%) and Nepal Ventures Pvt Ltd (20%).
- TCIL to name consultant for Bharti Hexacom exit; eyes 25% rev growthBharti Hexacom, an arm of Sunil Mittal-founded Bharti Airtel, runs mobile services in Rajasthan and Northeast circles. It has over 19 milli...
- Telecom Commission okays TCI’s move to exit Bharti HexacomTCIL is keen to sell its minority stake in Hexacom to raise money since the Telecom Commission shelved its disinvestment plans, citing “unf...
- Telecom commission puts off divestment plans in TCILIn the event of a favourable Telecom Commission decision, the Bharti Group will have the right of first refusal to TCIL’s stake in Hexacom.
- TCIL to supply "green towers" to Saudi Telecom, OmanTelThe projects will be executed on a turnkey basis by TCIL's offshore joint venture, TCIL Saudi Communications Ltd (TSCL), in which the state...
- 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 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.
- 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, ...
- CWG scam: Telecommunications Consultants India Limited's tender under CBI scannerThe tender process by which Telecommunications Consultants India Limited bagged a deal for Commonwealth Games has come under CBI's lens.
- 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...
- Thomas Cook PLC reacquires 75% stake in Thomas Cook IndiaThe UK-based company sees the benefit of emerging markets as it also acquires 100% Thomas Cook branded businesses in Egypt. Thomas Cook on ...
- Thomas Cook inducts four senior execsAfter two high-profile acquisitions last year, travel and forex major Thomas Cook (TCIL) is now consolidating its business by bringing four...
- Tatanet wins TCIL's African e-projectThe Tata Group has beaten Infinium and Bharti to emerge as the lowest bidder for Telecommunications Consultants of India’s (TCIL) multi-mil...
- XPS Global on a capacity overdriveXPS Global - international arm of Transport Corporation Of India (TCIL) - is looking for expanding its business in Singapore, Hong Kong, Ba...
- Coming soon, brand new warehouses from TCILTransport Corporation of India (TCIL) is planning to invest Rs 150 crore for the development of state-of-the-art warehouses all over India.
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