BSNL tower business
New Delhi, Aug. 19: Telecom PSU BSNL is considering hiving off its telecom tower infrastructure into a separate company and will float a tender this week to appoint a consultant to suggest the business road map. “We are exploring opportunities to bring our tower business under a separate company for optimum utilisation. In this regard, BSNL will issue an expression of interest this week to appoint a consultant that will suggest us the road map,” BSNL chairman and managing director R.K. Upadhyay said.
New Delhi, Aug. 19: Market regulator Sebi will next month consider providing capital protection to a part of investments made by very small investors in initial public offers, although the move is being opposed by investment bankers and certain other sections of the industry.
New Delhi, Aug. 19: Telecom tribunal TDSAT has rejected Reliance Communications’ plea against the guidelines issued by the government for the proposed auction of spectrum.
Mumbai, Aug. 19: The National Stock Exchange has emerged as the world’s second-largest bourse in terms of turnover in trading of index as well as stock futures, according to latest data from the World Federation of Exchanges.