SBI Capital Markets Limited, the merchant banking arm of SBI, is eyeing the twin accounts of HPCL and BPCL for managing the divestment programmes of the 2 oil cos.
VSNL Lanka Ltd, a wholly owned subsidiary of Videsh Sanchar Nigam Ltd on Tuesday said that it has been granted external gateway operator license by the Telecom Regulatory Commission of Sri Lanka.
Videsh Sanchar Nigam Ltd has inked a pact with ICICI Bank Ltd, whereby the private sector bank will distribute the former's Tata Indicom dial-up Internet services through its ATMs in the country.
Tata-owned Videsh Sanchar Nigam Ltd said on Thursday it will invest $600 million to connect two international submarine cable networks.
To provide Internet access to travellers, Videsh Sanchar Nigam Ltd said on Wednesday it would set up cyber cafes at 68 major railway stations across the country.
In a setback to Videsh Sanchar Nigam Ltd, telecom tribunal TDSAT on Monday upheld the TRAI order on reduction of bandwidth prices and asked the regulator to implement the order immediately while dismissing the petition of VSNL.
Telecom major Videsh Sanchar Nigam Ltd on Monday said all issues with Reliance Infocomm over Flag Telecom
Having made two major overseas acquisitions, Tatas owned Videsh Sanchar Nigam Ltd is looking for further acquisitions to add to its services and customers base.
In a move that could hot up the telecom war, Anil Ambani owned Reliance Infocomm has accused Videsh Sanchar Nigam Ltd of killing the competition in bandwidth market by creating both price and non-price barriers.\n\n
Call centres are recognised as a separate class of service providers falling under the category of 'Other Service Providers' and should be exempted from access deficit charges on traffic routed to them, according to Videsh Sanchar Nigam Ltd.
Telecom company Videsh Sanchar Nigam Ltd has filed a lawsuit against the central government at Bombay High Court, seeking a compensation of Rs 2,560.72 crore (Rs 25.6 billion) for premature termination of its international long distance monopoly.
FLAG Telecom, a Reliance group company has denied media reports alleging that it has resorted to high pricing impacting the growth of Indian business process outsourcing units and information technology enabled services.
The Tatas-controlled Videsh Sanchar Nigam Ltd on Monday announced that it has set up international headquarters in Singapore as part of plans to expand business beyond India.
The months-long row between Tatas-owned Videsh Sanchar Nigam Ltd and Reliance-controlled FLAG Cables over the bandwidth issue was resolved on Wednesday.
Tata group company Videsh Sanchar Nigam Ltd today said it is constructing a $250-million (about Rs 988 crore) worth cable system for linking Mumbai directly to Paris, London and Madrid via Egypt.
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.
The Tatas-owned Videsh Sanchar Nigam Ltd, the Internet gateway and service provider, is likely to receive around Rs 786 crore ($169 million) from the sale of its 5.42 per cent stake in US satellite company, Intelsat Ltd.
The existing company is expected to continue as the holding arm of its huge real estate assets.
A golden share means that the government would sell its 26.12 per cent stake in the company and in return ask for a single share with controlling stake.
Videsh Sanchar Nigam Ltd has tied up with Australia-based telecommunications carrier Pipe Networks to lay a new submarine cable linking Australia to Guam.
The cables dovetail into VSNL's plans to build a global submarine cable system connecting India. \n\n
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.
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