Close on the heels of acquiring Tyco Global Network, Tata group chairman Ratan Tata on Wednesday launched a $100 million undersea optical fibre cable linking Singapore to India.
Videsh Sanchar Nigam Ltd has decided to acquire the entire stake of Tata Power Broadband for Rs 239 crore (Rs 2.39 billion).
Buoyed by the overwhelming response to the public offer for its stake in Maruti, the government on Thursday decided to sell its remaining shares to public in the five privatised companies.
The telecommunications and Internet services provider Videsh Sanchar Nigam Ltd has formed a fully owned subsidiary in the US, VSNL America Inc, to offer the Internet protocol-virutal private network solutions in that country.
In an application filed with Trai, Videsh Sanchar Nigam Ltd has sought regulatory approval to reduce prices on one of its premium connectivity modes, DS3, citing an increase in bandwidth on a submarine cable system.
The government is likely to sell its residual stake in privatised firms like Videsh Sanchar Nigam Ltd and CMC to strategic acquirers soon, Divestment Minister Arun Shourie said on Monday.
The bottomline of Videsh Sanchar Nigam Ltd, a Tata group company, is under pressure due to a fall in long distance rates, according to VSNL managing director S K Gupta.\n\n\n\n
Videsh Sanchar Nigam Ltd has recorded 3.29 per cent growth in net profit at Rs 91 crore (Rs 910 million) for the second quarter ended September 30, 2005.
Feeling the heat turned on by private sector players who have slashed rates, Videsh Sanchar Nigam Ltd said on Monday that it will review National Long Distance plans despite having commenced services in around 10 stations.\n\n\n\n
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
India on Tuesday pitched for a stake in vast oil and gas fields as well as LNG terminals in the frozen Artic of Far East Russia as it looked to import more oil from the former Soviet republic as part of a strategy to diversify its energy basket.
In all, 61 companies have been pre-qualified to bid for 11 shallow water and 19 deepwater blocks in an international tender, according to Myanmar's Energy Ministry.
Indian oil and gas exploration companies work in silos.
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
The service will cover areas where no network is available and will be provided by INMARSAT, which has 14 satellites.
India-Vietnam relationship has its own imperatives and dynamism. In India's look east policy Vietnam has been the major pivot, at least in terms of security and strategic imperatives, says Rup Narayan Das.
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
Ramesh released some fresh documents including one of 1949 which showed that the Dholpur Palace was owned by the Rajasthan government.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
Vinod Kumar, Tata Communication CEO has amazing business strategies to enhance topline.
