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COMMERCIAL PROPERTIES BSNL
MTNL, BSNL and RINL's Rs 13,500 crore worth of realty assets to hit marketsRealty assets worth an estimated ₹13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public En...- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
- Telcos urge TRAI to regulate OTT apps as spam shifts onlineTelecom firms report most spam now bypasses regulations via internet apps. They urge the regulator to bring these platforms under control. ...
- India Post to become real estate player? Union Minister Jyotiraditya Scindia reveals new plan to make postal department profitableThe Department of Posts aims to transform its extensive network into a profitable venture by monetising land assets and developing new busi...
- BSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh croreRecently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of th...
- Violation of norms on unsolicited commercial communication led to 32,032 disconnections in 2022: Ashwini VaishnawTelecom Regulatory Authority of India (TRAI) has issued Telecom Commercial Communication Customer Preference Regulation - 2018 to curb the ...
- Indiabulls Real Estate to sell Chennai commercial asset to Blackstone for Rs 850 croreSubject to satisfaction of closing conditions, the transaction is to be completed in tranches by September 30, 2019.
- Blackstone buys Indiabulls Chennai Asset for 900 crIndiabulls Real Estate is planning to utilize the funds for debt reduction. With this repayment, the company net debt would stand at Rs 2,0...
- Indiabulls in talks with private equity majors to sell Chennai asset for Rs 1,200 croreThe company has stated that substantial part of the funds raised through the Blackstone transaction for two Mumbai office properties would ...
- Bharat Sanchar Nigam Limited expects Rs 400-500 crore from leasing land in first yearBSNL plans to offer seven out of 10 identified land parcels on leases of 30-90 years for commercial or residential projects.
- Taxmen to focus on builders, commercial property rental businessService tax evasion is rampant in construction and commercial property renting businesses and tax department will focus on these segments t...
- BSNL appoints KPMG India to hive off its tower assetsBSNL has about 70,000 towers across the country and plans to hive off its physical infrastructure and land bank into separate offshoots.
- Tata Communications to sell properties in order to raise Rs 2,500 croreTata Comm has appointed Jones Lang LaSalle India and Cushman & Wakefield to help sell some unutilised properties that originally belonged t...
- BSNL, MTNL invite bids to review real estate assetsBSNL, MTNL have invited bids from consultants to help them monetise real estate, a move aimed at recouping falling profits and revenues.
- BSNL prepares blueprint to garner Rs 8,000 crore revenue over next 5 yearsLoss-making state telecom firm BSNL has drawn a blueprint to garner an estimated Rs 8,000 crore revenue through monetisation of its vast re...
- Mamata Banerjee silent on around Rs 150 crore overdue government revenuesMamata remained silent during her ongoing visit in north Bengal on the future of around Rs 150 crore Government revenue.
- Telecom dept seeks to map all its land assetsUnder the shareholders' agreement between the Tatas and the Centre, proceeds from the near 741-acre land bank are to be distributed to non-...
- BSNL seeks govt nod to hive off towers, infra ops into separate unitsBSNL seeks the gov's permission to spin off its towers and accompanying infrastructure, as well as its land bank, into separate offshoots.
- BSNL banks on land assets to ring in profitsBSNL has drawn up plans to develop and rent out its real estate holdings across the country, as the state-owned erstwhile blue chip looks t...
- Govt should issue clear rules on service tax & VATThis is fourth in a series of articles in association with Ernst and Young in the run up to the Budget. Govt should make India more investm...
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