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TULIP TELECOM PROMOTER
NSE to delist Kingfisher, Plethico Pharma, 16 others from May 30This comes after BSE delisted over 200 companies from May 11.- Tulip Telecom gets formal nod for CDR proposalTulip was servicing a debt of more than Rs 2,700 crore as of September last year and was facing trouble paying up salaries to employees.
- Tulip Telecom gets formal approval for CDR proposalTulip Telecom today said it has received formal approval for restructuring its debt by the Empowered Group of the CDR Cell.
- Gammon India referred to CDR, Tulip Telecom's CDR approvedGammon India has been referred to the CDR cell for its debt of Rs 9,000 cr, while Tulip has got restructuring proposal for debt of Rs 2,200...
- Banks agree to recast Tulip Telecom's Rs 3,000 crore debtTulip Telecom failed to repay their outstanding foreign currency convertible bonds worth $140.17m, including a premium of $43 million in Se...
- Debt ridden Tulip Telecom struggles to pay its employeesKicking Tulip off balance was the $140 mn worth of foreign-currency convertible bonds that came up for redemption in August.
- Tulip hopes to repay $140mn FCCBs by month endForeign Currency Convertible Bonds (FCCBs) are a loan instrument used to borrow money from overseas markets.
- Tulip bags Rs 74-crore order from Tamil Nadu governmentEnterprise data services provider Tulip Telecom today said it has bagged a deal worth over Rs 74 crore from the Tamil Nadu government.
- Markets to be driven by news from Delhi & overseas markets: Vivek MavaniIn an interview with ET Now, Vivek Mavani, independent market analyst and portfolio manager, talks about the markets. Excerpts:
- Margins calls, promoter pledges triggering fall in midcaps?Shares of Tulip Telecom, Everonn, Parsvnath, Pipavav Defence, SRS, among others, plunged over 10% on the back of huge volumes.
- Tulip Telecom promoter pledges 23 lakh sharesTelecom firm Tulip Telecom's CMD H S Bedi has pledged 23 lakh equity shares to three different finance cos over a period of two days.
- Tulip Q1 net up 20.2% at Rs 77.1 crTulip Telecom on Thursday posted 20.2 per cent increase in net profit at Rs 77.1 crore for the first quarter ended June 30.
- Govt not to intervene in Qualcomm selling BWA businessThe government said it will not intervene in Qualcomm's plans to sell their recently acquired BWA spectrum to telcos.
- Qualcomm to sell 26% in Indian arm to two local cos for Rs 306 crGlobal Holdings, owners of GTL Infra, and Tulip Tele will pick up 13% each in the new company that is being set up by Qualcomm to offer wir...
- RIL drawing up plans to foray into telecom spaceThe board of Reliance Industries (RIL) is believed to have approved plans to enter the telecom sector when the opportunity arises. Bharti r...
- Qualcomm dials GTL for broadband pushQualcomm in talks with GTL to form JV for rolling out broadband wireless access services in India, if it wins spectrum in the forthcoming a...
- Tulip Telecom: Sprinting the last mileTulip Telecom has seamlessly trascended between the wired and wireless platforms to connect people and places.
- Data centres, broadband kiosks seen positive for telcosThe setting up of broadband kiosks and state-wide area networks and data centres announced by the Finance Minister, P Chidambaram on Friday...
- SingTel scouting for JV partnerSingTel is scouting for a JV partner in India to provide telecom services to corporate customers.
- AT&T leads last day rushEnding days of speculation, US telecom major AT&T on Monday said that it has applied for licences to offer telecom services in all the 22 c...
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