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BT sells 14.1% stake in Tech Mahindra for Rs 1,395 crore

Last Updated: Thursday, August 30, 2012, 12:57

Global telecom giant BT Plc Thursday sold 14.1 percent stake in Tech Mahindra to institutional investors for about Rs 1,395 crore and said it would consider further share sale in the Indian IT firm in future.

Fall in BT revenue has Tech Mahindra net rising just 7.4%

Last Updated: Wednesday, February 8, 2012, 22:07

The company's income from operations rose to Rs 1,444.87 crore during the quarter under review as against Rs 1,211.14 crore in the same period last year.

Accel acquires 51% stake of British Telecom in Accel Frontline

Last Updated: Monday, August 8, 2011, 19:56

Information Technology and media firm Accel Ltd today said it has acquired the 51 per cent stake held by British Telecom for Rs 49.9 crore to become a majority shareholder in Accel Frontline Ltd.