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VSNL SALE TO TATA
Government exits from Tata Communications, nets Rs 8,846 croreThe government has divested its holding through two steps, by selling 16.12% in TCL, previously called VSNL, through an offer for sale at R...- Govt finalises stake sale in Tata CommunicationsThe government will sell its 16.12% stake in Tata Communications through an offer for sale (OFS) and the remaining 10% will be sold to Pana...
- Tata Sons Chairman Chandrasekaran meets telecom minister Ravi Shankar PrasadDetails of the meeting weren’t immediately available, but it comes within a few weeks of the Department of Investment and Public Asset Mana...
- NBCC to redevelop VSNL land assets for Rs 15,000 crore"NBCC will redevelop the land and take a certain fee, the remaining amount will flow into government and other shareholders,” an official s...
- VSNL surplus land valued at Rs 740 crore: GovernmentThe issue of surplus land has been pending since 2002 when Tata Communications acquired the PSU.
- Cabinet note moved to sell VSNL land; may fetch Rs 6,150 croreFacing 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 landDepartment of telecom (DoT) will approach the Cabinet for getting an approval to hive off 773 acre surplus land held by Tata Communications...
- Tatas get Telecom Commission nod to hive off VSNL land into separate companyTelecom Commission cleared the proposal to hive off the 770 acres surplus land held by Tata Communications (formerly known as VSNL) into a ...
- DoT response to demerger of surplus land still awaited: Tata CommunicationsAmid controversy over disinvestment of VSNL, Tatas hit back at govt, saying the co made several attempts since 2005 for demerger of surplus...
- Shourie rubbishes allegations of VSNL sale to TataFormer Telecom Minister Arun Shourie finds himself at the epicentre of a controversy after aspersions were cast on the sale of state-owned ...
- Demerge VSNL landOwnership of all public enterprises should be transferred to a single holding company.
- Shourie touts rules on surplus land to defend VSNL divestmentThe 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...
- Finmin says no to VSNL land auctionThis comes as a setback to the government and the non-owner shareholders of Tata Communications (formerly VSNL) who stood stand to gain Rs ...
- DoT seeks finmin's views on auctioning VSNL plotDoT 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...
- DoT to seek cabinet nod for VSNL land auctionThe Department of Telecom (DoT) will soon float a draft cabinet note for auctioning 773 acres of prime land in four cities which was once o...
- Telecom commission okays DoT's move to sell surplus landAccording 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...
- VSNL sells 10% in Lankan arm to Sunshine HoldingsThe Tata Group promoted VSNL, which was recently renamed Tata Communications, has sold a 10% equity stake in its Sri Lankan subsidiary, VSN...
- VSNL's WiMAX broadband services by JanVSNL, a Tata Group company, plans to launch wireless broadband service on the WiMAX platform by January.
- VSNL, Microsoft tie-up for ReadyAccessVSNL & Microsoft will launch ReadyAccess Business Messaging & Collaboration services for SMEs.
- Proposal to Cabinet for residual shares' sale in CMC, VSNLThe Disinvestment Ministry plans to submit a proposal to the Union cabinet for sale of residual shares held by the government in CMC, VSNL ...
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