Advisors critical of Vivendi's Telecom Italia 'delay tactics'

Mar 23 2018

Advisors slammed as “cynical and self-serving” a move by French media group Vivendi to force Telecom Italia to name a new board after a majority of directors resigned.

Need fiber network to raise bandwith, internet speed: TRAI Chairman

Mar 22 2018

India requires more of fiber network to increase bandwith delivery and better internet speed to the people, TRAI Chairman R.S. Sharma said.

Digital sovereignty to give full control over data: DoT

Mar 22 2018

Calling for digital security and sovereignty, Telecom Secretary Aruna Sundararajan said this will lead individuals to have autonomy, control and security of their data.

Cabinet approves formation of TCIL's subsidiary in US

Mar 21 2018

The government approved the formation of a wholly owned subsidiary company of Telecommunications Consultants India Ltd (TCIL) in the US for ICT related work.

India, China to discuss trade issues next week: Prabhu

Mar 20 2018

India and China would hold bilateral discussions here next week on ways to further boost trade ties between the countries, Commerce Minister Suresh Prabhu said.

Govt hopes to bring new telecom policy in next Par session

Mar 20 2018

Union Minister Manoj Sinha said the new telecom policy is almost ready and will be brought in the next session of Parliament after a Cabinet nod.

DoT increases spectrum cap, installments for payments

Mar 19 2018

The Department of Telecom amended licence norms of service providers to increase number of instalments for spectrum payments and radiowaves frequency holding limit.

Elliott steps up challenge to Vivendi at Telecom Italia

Mar 16 2018

Shareholders will vote on the matter at a meeting called for April 24.

Trai views on promoting telecom equipment mfg in 1 month

Mar 14 2018

Telecom regulator Trai said it hopes to finalise in about a month the recommendations on promoting telecom equipment manufacturing in the country.

Maran brothers discharged in telephone exchange case

Mar 14 2018

A special CBI court here discharged Dayanidhi Maran, his brother Kalanithi and other accused in the "illegal" telephone exchange case.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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