TULIP TELECOM
NSE to delist Kingfisher, Plethico Pharma, 16 others from May 30
This comes after BSE delisted over 200 companies from May 11.
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Talking stock: Sell Zenith Birla, hold RIL
Hold RIL with a target price of around Rs 960 and also Siemens if you can hold beyond one year.
Telecom firm's CMD Lt Col (Retd) HS Bedi arrested for alleged service tax evasion
The Chairman-cum-Managing Director (CMD) of a telecom firm here has been arrested for allegedly evading service tax of about Rs 32 crore.
Tulip Telecom in legal row; gets wind-up notice
Tulip Telecom, which serves some of world's major blue chip cos, recently unveiled Asia's largest data centre in Bangalore is in legal tangle over Rs 1.02-cr dues.
Big-ticket clients leave Tulip for fear of service disruptions
Tulip Telecom¡¯s clients are exiting its data centres, including its flagship facility in Bangalore, due to increasing services disruptions.
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TDSAT cancels relief to Tulip against dues claimed by TTSL
Telecom Tribunal TDSAT has asked Tulip Telecom to pay Rs 81 lakhs to Tata Teleservices Ltd failing which it will face disconnection of services.
Reliance Communications expects 30% growth in enterprises division in 5 years
Reliance Communications expects 30 per cent annual growth in revenues and profitability from its enterprises division over the next five years.
Tulip Telecom gets formal nod for CDR proposal
Tulip was servicing a debt of more than Rs 2,700 crore as of September last year and was facing trouble paying up salaries to employees.
Tulip Telecom gets formal approval for CDR proposal
Tulip Telecom today said it has received formal approval for restructuring its debt by the Empowered Group of the CDR Cell.
Banks agree to recast Tulip Telecom's Rs 3,000 crore debt
Tulip Telecom failed to repay their outstanding foreign currency convertible bonds worth $140.17m, including a premium of $43 million in Sept last year.
Debt ridden Tulip Telecom struggles to pay its employees
Kicking Tulip off balance was the $140 mn worth of foreign-currency convertible bonds that came up for redemption in August.
Tulip hopes to repay $140mn FCCBs by month end
Foreign Currency Convertible Bonds (FCCBs) are a loan instrument used to borrow money from overseas markets.
Qualcomm¡¯s wireless broadband licences licences to stay valid for 20 years
Qualcomm¡¯s wireless broadband licences will stay valid for 20 years after the telecom tribunal on Wednesday upheld the company¡¯s plea against the telecom department that had reduced the tenure by 18 months.
Tulip bags Rs 74-crore order from Tamil Nadu government
Enterprise data services provider Tulip Telecom today said it has bagged a deal worth over Rs 74 crore from the Tamil Nadu government.
TDSAT asks Qualcomm to file rejoinder on government's response
A TDSAT bench asked Qualcomm to file its reply within a week and posted the matter on August 21 for orders.
Tulip Telecom wins Rs 87.23 crore order from UIDAI
Tulip Telecom said it has bagged a Rs 87.23-crore order for hosting data centre space from the Unique Identification Authority of India.
Bharti buys 49% stake in US Qualcomm's 4G business
Bharti Airtel on Thursday said it had reached a deal to buy a 49 per cent stake in US chip-maker Qualcomm's 4G business in India for Rs. 923 crore.
Tulip Telecom bags managed services contract from DEITy
Tulip Telecom today said it has been empanelled as a facility management services provider for a Science and Technology body under the IT Department.
Tulip Telecom completes rollout of managed services contract for Assam Co-operative Apex Bank Limited
Enterprise data services provider Tulip Telecom completed the rollout of a managed services contract for the Assam Co-operative Apex Bank Limited.
Tulip Telecom ties up with US' Polycom
Enterprise data services provider Tulip Telecom tied up with US-based Polycom to offer high definition managed video conferencing solution to its customers in India.
Govt accepts Qualcomm offer to clear Tulip's dues; to give BWA
The govt today accepted the Qualcomm offer, made before the sectoral tribunal TDSAT, to clear Rs 410 crore dues of its Indian partner Tulip Telecom.
Department of Telecom ready to accept Qualcomm proposal on BWA licence
DoT informed the telecom tribunal TDSAT today that it was ready to accept the offer of Qualcomm with some minor modifications.
DoT rejects Qualcomm offer to secure Tulip's dues
DoT has rejected the Qualcomm's offer to secure the dues of its partner Tulip Telecom to hasten the process of issuing licence and spectrum for BWA services.
Tulip Telecom lines up Rs 250 crore mezzanine funding
Tulip Telecom has tied up financial closure for its Rs 900-crore datacentre project in Bangalore, its chairman and managing director said.
Tulip Telecom targets Rs 1,000 cr annual revenue from data centre
Tulip Telecom is looking to generate Rs 1,000 crore annual revenue within three years from Tulip Data Centre which was launched commercially today.
Qualcomm offers to clear Tulip's dues, seeks BWA licence
Qualcomm today offered to give an undertaking before telecom tribunal TDSAT that it will clear the dues of its partner Tulip Telecom.
TDSAT adjourns hearing on Qualcomm Plea
The DoT and Qualcomm sought more time over the Rs 146 crore demand by the government from its partner Tulip Telecom.
Qualcomm partner receives DoT notice for dues of Rs 146 cr
nwhile, the DoT informed the Tribunal that if the dues are verified and cleared by them, then the ISP licence would be given to Qualcomm within a day.
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