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TCIL STAKE SALE
TCIL may offload 5-10% in Bharti Hexacom via OFSState-run Telecommunications Consultants India Ltd (TCIL) is set to finalize the minimum pricing and terms for an offer-for-sale (OFS) to d...- TCIL may offload 5-10% stake in Bharti HexacomState-run Telecommunications Consultants India (TCIL) is planning to divest 5-10% of its remaining stake in Bharti Hexacom through an offer...
- Bharti Hexacom pegs IPO price band at Rs 542-570 a shareBharti Hexacom has pegged Rs 542-to-570 per share price band for its upcoming Rs 4,275 crore initial public offering (IPO) thqt opens April...
- 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...
- DoT to raise ₹7,000 crore from TCIL stake sale in Bharti HexaBharti Hexacom, an unlisted company that offers mobile services in Rajasthan and northeast circles, is a JV between Bharti Airtel, which ow...
- State-run TCIL's 30 pc stake in Bharti Hexacom valued at around Rs 8,900 crBharti Airtel holds 70 per cent stake in Bharti Hexacom, which provides telecom services in Rajasthan and Northeast. The government holds t...
- SBI Capital Markets may submit report on Bharti Hexacom by end of yearTCIL plans to sell its stake in Bharti Hexacom and SBI Capital Markets has been appointed as consultants to recommend valuation of the comp...
- 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.
- Government wants to sell off TCIL in current fiscal"The Department of Disinvestment wants to sell 100 per cent equity in TCIL in the current fiscal."
- 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...
- Fairbridge Capital (Mauritius) becomes promoter of TCIL"This is pursuant to an agreement for sale and purchase of the share capital of TCIL dated may 21, 2012," TCIL said in a filing to BSE.
- DoD invites expression of interest for TCIL stake saleKick-starting the process of outright sale of the ailing TCIL, the disinvestment deptt has invited expression of interest from entities wil...
- Thomas Cook India Q4 net profit upThomas Cook India posted over three-time increase in consolidated net profit for the Q4, at Rs 5.04 crore compared to the corresponding per...
- 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.
- 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, ...
- 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...
- Government is keen to offload stake in TCILThe government is keen to divest its holding in another telecom PSU -- Telecom Consultants India Ltd -- along with BSNL, whose management h...
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