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Tcil

Govt gets Rs 3,443 crore special dividend from TCIL, says Dipam secy

The government has received Rs 3,443 crore as a special dividend from Telecommunications Consultants India Limited (TCIL), a public sector enterprise under the Ministry of Telecom. The "Government has received about Rs 3,443 crore from Telecommunications Consultants India Limited (TCIL) as special dividend," Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said in a post on X (formerly Twitter). Established in 1978, TCIL is an engineering and consultancy and a profit-making organisation since its inception, as per its website. In the current fiscal, the government has budgeted to get Rs 48,000 crore as dividend from central public sector enterprises (CPSEs).

Govt gets Rs 3,443 crore special dividend from TCIL, says Dipam secy
Updated On : 23 Apr 2024 | 8:47 PM IST

Bharti Hexacom files DRHP for IPO, TCIL to sell up to 100 million shares

Bharti Hexacom has filed a draft red herring prospectus (DRHP) for a proposed IPO that entails an offer of sale by Telecommunications Consultants India Ltd, according to a regulatory filing. The IPO will not have any fresh issuance of equity shares and since it is an offer for sale or OFS, Bharti Hexacom will not receive any proceeds from the IPO. "We wish to inform you that Board of Directors of the company at its meeting held on Friday, January 19, 2024, have approved the IPO of equity shares of face value Rs 5 each comprising of an offer for sale of up to 100000000 (10 crore) equity shares by Telecommunications Consultants India Ltd, subject to such variation as permitted under applicable law," the BSE filing said. Accordingly, the company filed a draft red herring prospectus on Friday with SEBI, for a proposed IPO for the offer by Telecommunications Consultants India Ltd. The offer represents 20 per cent of the paid-up equity share capital of Bharti Hexacom. "The IPO shall not

Bharti Hexacom files DRHP for IPO, TCIL to sell up to 100 million shares
Updated On : 20 Jan 2024 | 5:15 PM IST

Defence ministry, TCIL ink Rs 588 cr deal for digital coast guard project

The project is anticipated to generate approximately 150,000 man-days over a five-year period

Defence ministry, TCIL ink Rs 588 cr deal for digital coast guard project
Updated On : 08 Dec 2023 | 5:00 PM IST

Tata Steel arm TCIL net loss narrows to Rs 2.29 crore in Sept quarter

The Tin Plate Company of India Ltd (TCIL) on Monday said its net loss had narrowed to Rs 2.29 crore in the September quarter. It had clocked a net loss of Rs 35.10 crore during the July-September period of the preceding financial year, TCIL said in a regulatory filing. The company earned a total income of Rs 959.95 crore, down from Rs 971.77 crore in the year-ago period. Its expenses declined to Rs 963.07 crore in the first quarter of the current fiscal from Rs 1,018.27 crore last year. Domestic steel major Tata Steel owns a majority stake in the Kolkata-headquartered TCIL, a tinplate producer. From its plant in Jamshedpur (Jharkhand), TCIL caters to 40 per cent of the overall domestic market and exports 15-20 per cent of its sales to different countries.

Tata Steel arm TCIL net loss narrows to Rs 2.29 crore in Sept quarter
Updated On : 16 Oct 2023 | 4:56 PM IST

Tata Steel subsidiary TCIL receives tax penalty notice of Rs 40 cr

Tata Steel on Thursday said its subsidiary Tinplate Company of India Limited (TCIL) has received a tax notice, imposing a penalty of about Rs 40 lakhs in connection with a demand order pertaining to the 2016-17 fiscal. "The said demand order is presently pending appeal before the Commissioner of Commercial taxes, Ranchi," Tata Steel said in a regulatory filing. TCIL on October 4, 2023, received an order from the office of the Deputy Commissioner of Commercial Taxes, Jamshedpur Circle, Jamshedpur, imposing a penalty of approximately Rs 3,986.78 lakh on TCIL in connection with an earlier demand order from Deputy Commissioner of Commercial Taxes, Jamshedpur, pertaining to FY 2016-17, it said. Domestic steel major Tata Steel owns a majority stake in Kolkata-headquartered TCIL, a tinplate producer. From its plant in Jamshedpur (Jharkhand), TCIL caters to 40 per cent of the overall domestic market and exports 15-20 per cent of its sales to different geographies across the world.

Tata Steel subsidiary TCIL receives tax penalty notice of Rs 40 cr
Updated On : 05 Oct 2023 | 11:28 PM IST

ITI Ltd signs MoU with TCIL and C-DOT to develop products for smart cities

Each project will be administered under a separate project agreement, in which ITI will be the manufacturing partner

ITI Ltd signs MoU with TCIL and C-DOT to develop products for smart cities
Updated On : 19 Jun 2023 | 6:22 PM IST

TCIL enters into pact with BSNL for captive non-public network services

Telecommunications Consultants India Ltd (TCIL) has entered into an agreement with Bharat Sanchar Nigam Ltd (BSNL) for the provision of Captive Non-Public Network (CNPN) Services to enterprise customers. With its experience of field deployment of mobile technologies, TCIL as the master system integrator will deliver a robust end-to-end private 5G network solutions to enterprise customers, a release said on Tuesday. "The disruptive 5G technology shall enable widespread industrial automation by providing secure, ultra-reliable, low latency and high throughput communication," it said. According to the release, the government is supporting several initiatives for the development of indigenous subsystems for 4G/5G networks but for them to succeed and get absorbed in market, they will need to be integrated into commercially deployable solutions that meet customer requirements.

TCIL enters into pact with BSNL for captive non-public network services
Updated On : 28 Feb 2023 | 9:51 PM IST

Telecom may be first strategic sector to be picked up for privatisation

According to the centre's PSE policy announced in 2021, the government aims to maintain 'bare minimum' presence in strategic sectors that include energy, telecom, power, banks, and minerals.

Telecom may be first strategic sector to be picked up for privatisation
Updated On : 27 Sep 2022 | 11:59 PM IST

State-run TCIL's 30% stake in Bharti Hexacom valued at around Rs 8,900 cr

A proposal for TCIL selling its stake and exiting the joint venture has been pending for over 15 years

State-run TCIL's 30% stake in Bharti Hexacom valued at around Rs 8,900 cr
Updated On : 27 Jan 2022 | 1:14 AM IST

Logistics provider TCIL net profit plunge 67% to Rs 10 crore for Q1

Supply chain and logistics solutions provider TCIL on Wednesday posted 67 per cent plunge in its profit after tax at Rs 9.8 crore for the quarter ended June as compared to Rs 29.7 crore in Q1 FY20.

Logistics provider TCIL net profit plunge 67% to Rs 10 crore for Q1
Updated On : 12 Aug 2020 | 4:24 PM IST

TCIL to set up subsidiary in US with $5 million investment

The Union Cabinet has approved the formation of C Corporation in the state of Texas with authorisation for registering in other states

TCIL to set up subsidiary in US with $5 million investment
Updated On : 22 Mar 2018 | 2:45 AM IST