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Telecom Newsletter August 7 to August 11, 2017

2017-08-12 indiainfoline
This week, “The board of directors of Himachal Futuristic Communications has approved setting up an optical fibre manufacturing facility as a backward integration of optical fibre cable manufacturing at Hyderabad having capacity of approximately six million fibre kilometre per annum, said the company in a BSE filing on Thursday.”

HFCL board approves setting up of optical fibre manufacturing facility

2017-08-11 indiainfoline
The board of directors of Himachal Futuristic Communications has approved setting up an optical fibre manufacturing facility as a backward integration of optical fibre cable manufacturing at Hyderabad having capacity of approximately six million fibre kilometre per annum, said the company in a BSE filing on Thursday.

Himachal Futuristic board gives nod for setting up optical fibre mfg facility

2017-08-10 thehindubusinessline
The board of Himachal Futuristic Communications on Thursday considered and approved setting up an optical fibre manufacturing facility as backward integration of its optical fibre cable manufacturing activity at Hyderabad. This unit will have capacity of approximately six million fibre kilometre per annum. The estimated project cost will be ₹225 crore, which would be funded by debt, internal accruals, and fresh funding.

From being Ratan Tata’s blue-eyed boy to being incarcerated for fraud; Dilip Pendse saw it all

2017-07-06 moneycontrol
For all you know, Dilip Pendse could have had a career as glorious as current chairman N Chandrasekharan’s at the Tata Group. He was certainly one of Ratan Tata’s most trusted lieutenants at one point, tasked with building the group’s non-banking financial services arm Tata Finance way back in 1996.

Dilip Pendse#39; fall from grace: Ratan Tata#39;s blue-eyed boy, and then a fraudster

2017-07-06 moneycontrol
For all you know, Dilip Pendse could have had a career as glorious as current Chairman N Chandrasekharan’s at the Tata Group. He was certainly one of Ratan Tata’s most trusted lieutenants at one point, tasked with building the group’s non-banking financial services arm Tata Finance way back in 1996.

Himachal Futuristic plans NCD issue

2017-05-30 thehindubusinessline
Himachal Futuristic Communications has informed the exchanges that a meeting of the debentures allotment committee of its board of directors will be held on June 2. The meeting will consider and approve the allotment of 10.30 per cent, 4.23 lakh secured, unlisted, non-convertible debentures of the company of ₹100 each, aggregating to ₹4.23 crore on private placement basis by way of conversion of outstanding right of recompense amount payable to the bank.

A digital India Inc

2017-02-01 thehindubusinessline
The Budget has come up with a lot of initiatives to push the Digital India program but none of those in the wish list of the domestic smartphone makers, including incentives in the form of tax holidays and deductions, came through. Makers of POS machines, scanners, fingerprint readers, iris scanners and micro ATMs have benefited, with complete exemption from all forms of customs duty under Modi’s ‘Make in India’ scheme.

The stocks you should buy to bet on Digital India

2016-12-11 thehindubusinessline
If you wish to ride the digitisation wave, which companies should you bet on? We find out

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