AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
INDIA'S TCIL PROPOSES IPO, PLANS TO OFFLOAD 25% STAKE.
NEW DELHI, April 1 Asia Pulse - State-owned Telcommunications Consultants India Ltd is planning to go for an Initial Public Offering for offloading 25 per cent stake in domestic market, subject to Government nod.
"We wish to go for an IPO, for offloading 25 per cent stake in the Indian market, immediately," G D Gaiha, Chairman of TCIL, told Federal Communications and IT Minister Arun Shourie, while presenting him an interim dividend cheque of Rs 180 million (US$3.78 million) for the year 2002-03.
TCIL's proposal would require clearance from Government, which currently holds 100 per cent of its share capital.
Commenting on the proposal by TCIL, Shourie said "It is a good idea. In this case ...
- TCIL pays Rs 21.60 crore dividend; takes on accounts revamping.
- News wire article from: PTI - The Press Trust of India Ltd. November 8, 2005 700+ words
...Nov 8 (PTI) Telecom PSU TCIL today paid Rs 21.60 crore...Minister Dayanidhi Maran, TCIL CMD G D Gaiha said the turnover of the...equipments from another PSU ITI. TCIL has also taken a major project...India and universties, Gaiha said.
- DoT objects to TCIL's stake sale in Bharti Hexacom.
- News wire article from: PTI - The Press Trust of India Ltd. October 11, 2006 700+ words
...increase stake in the company. DoT asked TCIL to subscribe to the right issue offered by...from internal resources. In a letter to TCIL Chairman and Managing Director G D Gaiha, DoT said, "TCIL should not divest its 30 per cent equity...
- TCIL postpones IPO.(Financial News)(Telecommunications Consultants India Ltd.,...
- Newspaper article from: India Telecom December 1, 2004 700+ words
...The Telecommunications Consultants India Ltd (TCIL) has delayed the proposed initial public offer...restructuring its accounts. This was conveyed by TCIL chairman and managing director G. D. Gaiha to communications minister Dayanidhi Maran...
- TCIL to raise funds through an IPO.(Financial News)(Telecommunication...
- Newspaper article from: India Telecom March 1, 2004 700+ words
...Consultants of India Ltd. (TCIL) has plans to launch an initial...a month, as informed by GD Gaiha, chairman and managing director, TCIL. In the event of government...post-elections. SBI Caps is TCIL's advisor for offloading its...
- TCIL denies it was favoured in awarding of contracts by UN.
- News wire article from: PTI - The Press Trust of India Ltd. September 1, 2006 700+ words
...orders have been awarded to TCIL, it was always based on our...everything that has been said about TCIL in the report about someone...misrepresented," a senior TCIL official told PTI. Another...The CMD of the company G D Gaiha today met senior Ministry of...
- TCIL flies the flag in Arabia. (Telecommunication Consultants India's contracts...
- Magazine article from: MEED Middle East Economic Digest January 16, 1998 700+ words
...helped Telecommunication Consultants India (TCIL) clinch its biggest deal to date in the Middle East. TCIL took the $32 million contract, despite...Aden. Set up by the government in 1978, TCIL won its first contract in Kuwait - for the...
- TCIL denies involvement in UNPD bribery case.
- News wire article from: PTI - The Press Trust of India Ltd. November 3, 2006 700+ words
TCIL denies involvement in UNPD bribery case New...Nov 3 (PTI) State-owned telecom company TCIL today denied any involvement in the alleged...own senior officer posted there," a top TCIL official told PTI. The official said even...
- TCIL may dilute stake in JV with Bharti Airtel in Rajasthan.
- News wire article from: PTI - The Press Trust of India Ltd. August 27, 2008 700+ words
TCIL may dilute stake in JV with Bharti Airtel...Aug 27 (PTI) State-owned telecom company TCIL may end up diluting stake in its most profitable...Bharti Airtel with over 68 per cent stake and TCIL with 30 per cent, has proposed a right issue...