BSNL gets govt nod to hive off towers into separate arm

Last Updated: Wednesday, August 5, 2015, 21:36

In a bid to revive the flagging fortunes of BSNL, the government Wednesday approved hiving off the state-owned firm's tower business into a new company as well as compensating it and MTNL Rs 627.20 crore for 800 MHz CDMA spectrum that they surrendered.

Govt planning stake sale in BPCL

Last Updated: Friday, July 24, 2015, 17:22

The Government on Friday said it is planning to sell stake in Bharat Petroleum Corp Ltd (BPCL) and will take a final view after completion of inter-ministerial consultation.

FinMin mulling transferring stake in divestment-bound oil PSUs

Last Updated: Monday, July 20, 2015, 21:31

Ahead of government's plans to sell stake in oil companies, the Finance Ministry is considering to transfer some stake in disinvestment-bound PSUs to a separate company to insulate it from market volatility.

BSNL to improve connectivity along borders

Last Updated: Friday, July 17, 2015, 17:33

To improve connectivity along the borders with Bangladesh, Bhutan and Myanmar, the BSNL would set up mobile phone towers along the frontiers, an official said here on Friday.

BSNL to invest Rs 830 cr in Odisha, launches Wi-Fi zone at Puri

Last Updated: Thursday, July 9, 2015, 18:37

State-run BSNL will invest Rs 830 crore for improving services in Odisha and half of that amount will be spent on the broadband network in the current financial year, Telecom Minister Ravi Shankar Prasad said Thursday.

BSNL to enhance rural connectivity

Last Updated: Tuesday, July 7, 2015, 17:19

The BSNL Dakshina Kannada Telecom District (DKTD) planned to cover all the 349 gram panchayats in Dakshina Kannada and Udupi districts under the national optical fibre network project this year, G R Ravi, district general manager, has said.

BSNL to offer OFC link to 2,500 gram panchayats in Bengal

Last Updated: Monday, July 6, 2015, 20:37

State-run BSNL's Bengal circle will be rolling out optical fibre connectivity to 2,503 gram panchayats of the state by 2016.

Equal opportunity and transparency key in Modi govt

Last Updated: Friday, July 3, 2015, 23:00

Speaking at an interactive session at Bharat Chamber of Commerce, Goyal said his government continued to work toward these goals.

Cities raising Rs 50 crore to be chosen for 'Smart City' project

Last Updated: Friday, July 3, 2015, 11:26

The cities which have the capacity to raise an initial fund of Rs 50 crore and additionally spend Rs 200 crore annually for next five years, will be selected for the 'Smart City' project.

McNally to raise Rs 100 crore from EMC

Last Updated: Wednesday, July 1, 2015, 19:32

McNally Bharat Engineering will raise Rs 100 crore by selling shares to EMC Ltd, which will also launch an open offer worth over Rs 131 crore to the company's public shareholders.

BHEL commissions 250 MW unit of NTPC's Bongaigaon power plant

Last Updated: Tuesday, June 23, 2015, 15:44

State-run equipment maker BHEL on Tuesday said that it has commissioned a 250 MW unit of NTPC's Bongaigaon thermal power plant in Kokrajhar district in Assam.

BPCL to go ahead with Bina expansion sans Oman Oil Company

Last Updated: Sunday, June 21, 2015, 20:31

With Oman Oil Company reluctant to put more money, Bharat Petroleum Corp Ltd has decided to fund the Rs 18,000-20,000 crore expansion of the Bina refinery in Madhya Pradesh on its own.