Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Cabinet okays FDI of Rs 2,480.92 cr in ATC Telecom Infrastructure

Thursday, 26 Nov 2020
Share this on :
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the foreign direct investment (FDI) proposal for acquisition of 12.32 percent of the equity share capital (on a fully diluted basis) of ATC Telecom Infrastructure by ATC Asia Pacific as a result of exercise of put option by Tata Tele Services (TTSL) and Tata Sons (TSPL). 
 
This will lead to FDI inflow of Rs 2,480.92 crore. With this approval the cumulative FDI of ATC Asia Pacific (ATC Singapore) into ATC Telecom Infrastructure (ATC India) will be Rs 5,417.2 crore in FY19-21. 
 
ATC Telecom Infrastructure is engaged in the business of providing telecom infrastructure services to telecom operators. The company has FDI approval up to 86.36 percent and with this approval it will rise to 98.68 percent (on a fully diluted basis). 
 
The company is engaged in the business of providing passive telecom infrastructure services to telecom operators pursuant to various approvals granted to it by the Department of Telecommunications.
 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your free trial

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services