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BSNL to monetise land parcels in Tamil Nadu, Puducherry Government-owned telecom player Bharat Sanchar Nigam Ltd (BSNL) has decided to monetise its land parcels located in prime localities here and in other places in Tamil Nadu and Puducherry. The BSNL Tamil Nadu Circle has initiated an e-tender for the e-auction of five numbers of land parcels. The following surplus land and buildings in Tamil Nadu and Puducherry are proposed to be sold through e-Auction: Dinrose Telephone Exchange at Anna Salai, Chennai (area: 4,047 square metres), Telepho...
BSNL to monetise land parcels in Tamil Nadu, Puducherry
BSNL to monetise land parcels in Tamil Nadu, Puducherry
Source: IANS
8/07/2023 9:09:21 AM
L&T Technology Services and BSNL join hands to enable private 5G network deployments for enterprises L&T Technology Services (NSE: LTTS), a leading global pure play engineering services company, announced that it has entered into a strategic partnership with Bharat Sanchar Nigam Limited (BSNL) to drive and enable global enterprises in their private 5G network deployments. BSNL and LTTS plan to co-innovate and jointly bring to market private 5G connectivity solutions to accelerate digital transformation for enterprises.   According to the agreement framework signed by both comp...
L&T Technology Services and BSNL join hands to enable private 5G network deployments for enterprises
L&T Technology Services and BSNL join hands to enable private 5G network deployments for enterprises
Source: PR Agency
27/06/2023 9:20:49 AM
Skipper trades jubilantly on securing orders worth Rs 1135 crore Skipper is currently trading at Rs. 162.95, up by 19.00 points or 13.20% from its previous closing of Rs. 143.95 on the BSE. The scrip opened at Rs. 160.95 and has touched a high and low of Rs. 167.00 and Rs. 153.95 respectively. So far 171508 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 167.00 on 19-June-2022 and a 52 week low of Rs. 50.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. ...
Skipper trades jubilantly on securing orders worth Rs 1135 crore
Skipper trades jubilantly on securing orders worth Rs 1135 crore
Source: Accord Fintech
19/06/2023 10:44:35 AM
View on Approval of third revival package for BSNL By Mr. Mahendra Nahata, HFCL Below View On the approval of third revival package for BSNL with a total outlay of Rs 89,047 crore, primarily for expenses related to spectrum for 4G and 5G services, telecom and IT minister  Views of Mr. Mahendra Nahata, MD, HFCL “BSNL is of strategic importance to the nation and the Government’s revival package will go a long way to safeguard national interest while also promoting competition and consumer choice. The relief package of Rs. 89,000 crore for B...
View on Approval of third revival package for BSNL By Mr. Mahendra Nahata, HFCL
View on Approval of third revival package for BSNL By Mr. Mahendra Nahata, HFCL
Source: PR Agency
9/06/2023 4:59:38 PM
India cabinet approves $11 billion revival package for telecom firm BSNL - CNBC-TV 18  India's cabinet has approved a revival package of 890.47 billion rupees ($10.79 billion) for state telecom operator BSNL, CNBC-TV 18 reported on Wednesday citing sources.
India cabinet approves $11 billion revival package for telecom firm BSNL - CNBC-TV 18
India cabinet approves $11 billion revival package for telecom firm BSNL - CNBC-TV 18
Source: Reuters
7/06/2023 1:50:24 PM
ITI zooms on bagging advance purchase order worth Rs 3889 crore from BSNL ITI is currently trading at Rs. 110.79, up by 4.89 points or 4.62% from its previous closing of Rs. 105.90 on the BSE. The scrip opened at Rs. 110.51 and has touched a high and low of Rs. 113.55 and Rs. 109.81 respectively. So far 149012 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 129.50 on 21-Jul-2022 and a 52 week low of Rs. 81.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 113.55...
ITI zooms on bagging advance purchase order worth Rs 3889 crore from BSNL
ITI zooms on bagging advance purchase order worth Rs 3889 crore from BSNL
Source: IANS
23/05/2023 11:04:44 AM
India`s TCS receives $1.83 billion-worth advance purchase order from BSNL  A woman speaks on her mobile phone in front of the logo of Bharat Sanchar Nigam Ltd (BSNL) painted on a wall outside its office in Kolkata, India, August 24, 2017. Picture taken August 24, 2017. REUTERS/Rupak De Chowdhuri The Indian government-owned telecom major Bharat Sanchar Nigam Ltd (BSNL) has awarded the order for deployment of 4G network across the country to a Tata Consultancy Services Ltd (TCS)-led consortium. In a regulatory filing, the TCS said: "The consortium led...
India`s TCS receives $1.83 billion-worth advance purchase order from BSNL
India`s TCS receives $1.83 billion-worth advance purchase order from BSNL
Source: IANS
22/05/2023 12:03:42 PM
Olatech Solutions shines on bagging work order from HFCL Olatech Solutions is currently trading at Rs. 86.50, up by 1.80 points or 2.13% from its previous closing of Rs. 84.70 on the BSE. The scrip opened at Rs. 89.90 and has touched a high and low of Rs. 89.90 and Rs. 85.55 respectively. So far 8000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 133.20 on 07-Nov-2022 and a 52 week low of Rs. 51.30 on 29-Aug-2022. Last one week high and low of the scrip stood at Rs....
Olatech Solutions shines on bagging work order from HFCL
Olatech Solutions shines on bagging work order from HFCL
Source: Accord Fintech
28/12/2022 9:47:35 AM
Key Stock News: Apple, Tata Group, Wipro, BSNL, HDFC Bank - ARETE Securities India to get more Apple suppliers as iPhone production picks up: Experts If reports that Apple Inc plans to triple its iPhone production in India come true, it is likely to help the country become a supply hub for the American company. There are some 190 Apple suppliers globally, but only 12 have manufacturing facilities in India now. Apple’s strategy is to focus on India and a clutch of other countries as it diversifies its supply chain out of China. The American technology giant...
Key Stock News: Apple, Tata Group, Wipro, BSNL, HDFC Bank - ARETE Securities
Key Stock News: Apple, Tata Group, Wipro, BSNL, HDFC Bank - ARETE Securities
Source: ARETE Securities Ltd
20/12/2022 9:40:11 AM
BSNL`s total net loss Rs 57,671 crore since inception Since inception, the total net loss of BSNL is Rs 57,671 crore while that of MTNL is Rs 14,989 crore as on March 31, 2022, the Parliament was told on Friday. As per the Ministry of Communication, the reasons for losses of the BSNL and the MTNL are high employee cost over the years, debt burden, stiff competition in the market, and lack of 4G services (except on a limited basis in certain areas). On October 23, 2019, the government approved the revival plan for BSNL and MTNL. It inter-al...
BSNL`s total net loss Rs 57,671 crore since inception
BSNL`s total net loss Rs 57,671 crore since inception
Source: IANS
10/12/2022 9:37:15 AM
Key Stock News: Adani group, L&T Infotech, Mindtree , BSNL , LIC - ARETE Securities Adani group gets approval for NDTV open offer boosting takeover bid Billionaire Gautam Adani’s conglomerate received the regulatory nod to float an open offer for a further 26% stake in New Delhi Television Ltd., marking a crucial milestone in a takeover battle between Asia’s richest person and the broadcaster’s founders. The Securities & Exchange Board of India, or Sebi, approved Adani Group’s open offer, according to a statement on the market regulator’s...
Key Stock News: Adani group, L&T Infotech, Mindtree , BSNL , LIC - ARETE Securities
Key Stock News: Adani group, L&T Infotech, Mindtree , BSNL , LIC - ARETE Securities
Source: ARETE Securities Ltd
15/11/2022 10:03:12 AM
Indian state-run telcos MTNL, BSNL line up $2.34 billion debt sales Indian corporate bond market participants are braced for a heavy supply of government-guaranteed bonds over the next few weeks, as state-run telecom giants MTNL and BSNL aim to raise $2.34 billion, three merchant bankers said. Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd intend to raise an aggregate of 193.56 billion Indian rupees through government-guaranteed bonds, the bankers said. MTNL plans to raise 109.10 billion rupees in November. It is set to seek bids next week a...
Indian state-run telcos MTNL, BSNL line up $2.34 billion debt sales
Indian state-run telcos MTNL, BSNL line up $2.34 billion debt sales
Source: Reuters
1/11/2022 2:44:09 PM
HFCL gains on getting APOs of Rs 447.81 crore from BSNL, RailTel HFCL is currently trading at Rs. 79.75, up by 0.65 points or 0.82% from its previous closing of Rs. 79.10 on the BSE. The scrip opened at Rs. 80.65 and has touched a high and low of Rs. 81.45 and Rs. 79.55 respectively. So far 552192 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 101.35 on 17-Jan-2022 and a 52 week low of Rs. 51.55 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 81.45 and R...
HFCL gains on getting APOs of Rs 447.81 crore from BSNL, RailTel
HFCL gains on getting APOs of Rs 447.81 crore from BSNL, RailTel
Source: Accord Fintech
15/09/2022 10:13:55 AM
View on BSNL relief package & Government`s steps on 5G will strengthen Indian Telecom Sector By Mr. Mahendra Nahata, HFCL View on BSNL relief package & Government `s steps on 5G will strengthen Indian Telecom Sector By Mr. Mahendra Nahata, MD, HFCL "The overwhelming response to 5G spectrum auction shows the industry's confidence in the telecom sector, its continued growth and the government's policies. Our honourable Prime Minister Shri Narendra Modi Ji has given a transparent government to our country. His policies of transparency and ease-of-doing business are being aptly followed...
View on BSNL relief package & Government`s steps on 5G will strengthen Indian Telecom Sector By Mr. Mahendra Nahata, HFCL
View on BSNL relief package & Government`s steps on 5G will strengthen Indian Telecom Sector By Mr. Mahendra Nahata, HFCL
Source: PR Agency
28/07/2022 5:03:43 PM
Cabinet approves revival package of Rs 1.64 lakh cr for loss-making BSNL  The Union Cabinet on Wednesday approved a revival package of Rs 1.64 lakh crore for loss-making state-run telecom operator Bharat Sanchar Nigam Limited (BSNL). The Cabinet also approved the merger of BSNL and BBNL (Bharat Broadband Network Limited). Telecom Minister Ashwini Vaishnaw, on Wednesday said that the package will have three main elements - it will aim at improving the quality of BSNL services, it will be used to de-stress the balance sheet, and will attempt to expand the...
Cabinet approves revival package of Rs 1.64 lakh cr for loss-making BSNL
Cabinet approves revival package of Rs 1.64 lakh cr for loss-making BSNL
Source: Reuters
27/07/2022 5:12:15 PM
Telecom subscribers in India increased by 2.9 million in May: TRAI The number of telephone subscribers in India increased by 2.92 million to 1,170.73 million at the end of May 2022, data released by the Telecom Regulatory Authority of India showed on Tuesday. In urban areas, the number of subscribers increased by 0.8 per cent to 647.81 million, whereas in rural areas it rose by 2.1 per cent to 522.92 million, data showed. As on May 31, 2022, the private telecom service providers held 89.87 per cent market share of the wireless subscribers whereas BSNL and MT...
Telecom subscribers in India increased by 2.9 million in May: TRAI
Telecom subscribers in India increased by 2.9 million in May: TRAI
Source: Dion Global Solutions Ltd
20/07/2022 10:13:39 AM
No plans for divestment of BSNL: Government The Centre has no plans for disinvestment of state-owned telecom player BSNL, Minister of State for Communications Devusinh Chauhan informed the Parliament on Wednesday. "There is no plan under consideration for disinvestment of BSNL," he told the Lok Sabha in a written reply. In 2019, the Centre had approved a revival plan for BSNL which included measures to reduce the staff cost through a 'Voluntary Retirement Scheme' (VRS) for employees of age 50 years and above. ...
No plans for divestment of BSNL: Government
No plans for divestment of BSNL: Government
Source: IANS
24/03/2022 8:52:45 AM
Jio surpassed BSNL to become the country's largest fixed broadband provider JioFiber added 0.19 million subscribers to become the number 1 operator in the fixed broadband segment in just about two years from commercial launch, with 4.34mn FBB subs. JioFiber's market share improved 85bp month on month to 16.9 per cent (launched commercially in Sep-19), Nomura said in a report. Bharti added 0.1mn subs to reach 4.08mn FBB subs (up 68% since May-20), with market share up 60bp m-m to 15.9 per cent. Bharat Sanchar Nigam Limited's (BSNL) market share furthe...
Jio surpassed BSNL to become the country's largest fixed broadband provider
Jio surpassed BSNL to become the country's largest fixed broadband provider
Source: IANS
19/01/2022 2:33:21 PM
Key News - Maruti Suzuki, Tata Power Company Ltd, BSNL, TVS Motor Company Ltd, Escorts Ltd, Nykaa By ARETE Securities Key News Maruti Suzuki total sales decline 9% YoY in Nov due to chip crisis Carmaker Maruti Suzuki's total sales fell 9.16% to 139,184 units in November 2021 as against 153,223 units in November 2020. Total sales in the month include domestic sales of 113,017 units (down 18.67% YoY), sales to other OEM of 4,774 units (down 9.29% YoY) and its highest ever monthly exports of 21,393 units (up 137.59% YoY). "The shortage of electronic components had a minor impact on the production...
Key News - Maruti Suzuki, Tata Power Company Ltd, BSNL, TVS Motor Company Ltd, Escorts Ltd, Nykaa By ARETE Securities
Key News - Maruti Suzuki, Tata Power Company Ltd, BSNL, TVS Motor Company Ltd, Escorts Ltd, Nykaa By ARETE Securities
Source: ARETE Securities Ltd
2/12/2021 9:33:10 AM
Key News - Oil and Natural Gas Corporation Ltd, BSNL, Bharti Airtel Ltd, Paytm By ARETE Securities Key News ONGC union protests Centre's proposal to give away Mumbai High fields The petroleum ministry's proposal to give away ONGC's biggest oil and gas fields to foreign companies has met with strong resistance from the officers union of the company, which has said that the government should empower and give the company a level-playing field rather than giving away its prime assets to the private sector on a platter. The Association of Scientific & Technical Offices of...
Key News - Oil and Natural Gas Corporation Ltd, BSNL, Bharti Airtel Ltd, Paytm By ARETE Securities
Key News - Oil and Natural Gas Corporation Ltd, BSNL, Bharti Airtel Ltd, Paytm By ARETE Securities
Source: ARETE Securities Ltd
22/11/2021 9:38:30 AM
Centre begins asset monetisation of BSNL, MTNL  The Centre has begun the non-core asset monetisation of telecos -- BSNL and MTNL. Accordingly, DIPAM (Department of Investment and Public Asset Management) has begun auction of BSNL and MTNL assets. The monetisation commenced with the auction of first set of six properties belonging to the telecos. "Non core asset monetisation commences with the first set of six properties of BSNL/MTNL bid out on the MSTC portal," DIPAM Secretary Tuhin Kanta Pandey tweeted on Saturday...
Centre begins asset monetisation of BSNL, MTNL
Centre begins asset monetisation of BSNL, MTNL
Source: IANS
20/11/2021 5:10:00 PM
Key News - Steel Authority of India Ltd, Megha Engineering and Infrastructure Ltd, Amazon, Afcons infrastructure Ltd, BSNL By ARETE Securities Key News SAIL aims to bring down borrowings to Rs 20,000 crore Public sector steel major, Steel Authority of India Ltd (SAIL), is looking at bringing down its borrowings to Rs 20,000 crore by the end of the current financial year. Soma Mondal, chairman SAIL, said that by year-end the aim is to reduce total borrowings at a level of Rs 20,000 crore depending on steel prices and demand situation. She was speaking on the sidelines of an event to mark the inauguration of MSTC’s corpora...
Key News - Steel Authority of India Ltd, Megha Engineering and Infrastructure Ltd, Amazon, Afcons infrastructure Ltd, BSNL By ARETE Securities
Key News - Steel Authority of India Ltd, Megha Engineering and Infrastructure Ltd, Amazon, Afcons infrastructure Ltd, BSNL By ARETE Securities
Source: ARETE Securities Ltd
27/08/2021 8:46:50 AM
Key News - BSNL, SpiceJet, Vodafone Idea Ltd, Tata Motors Ltd, Amul by ARETE Securities Key News Asset monetisation drive of beleaguered BSNL, MTNL hits roadblock again The asset monetisation drive of the beleaguered Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) has hit a bump, yet again, as it faces land use change hurdles in some states. It is learnt that the monetisation exercise is not working and the department of telecommunications (DoT) will take a fresh look into it. Recently, during the review of the telecom sector by the Prime Minister, the iss...
Key News - BSNL, SpiceJet, Vodafone Idea Ltd, Tata Motors Ltd, Amul by ARETE Securities
Key News - BSNL, SpiceJet, Vodafone Idea Ltd, Tata Motors Ltd, Amul by ARETE Securities
Source: ARETE Securities Ltd
1/07/2021 9:14:39 AM