BSNL
The telecom department explores ways to resurrect the loss-making telecom company BSNL and help it meet capex costs. Bharat Sanchar Nigam plans to raise nearly Rs 6,000 crore of fresh resources by monetizing property holdings and sharing/leasing its 73,000-odd mobile towers. The state-run telco also proposes to boost cash flows by targeting 45 % revenue [...] Continue Reading »
The Kochi metro project is turning costlier day by day! The land acquisition in terms of metro rail expansion has brought in major change in the city’s realty sector. Rs 10.7 lakh land rate has been fixed by district level purchase committee (DLPC). This is a costly affair indeed! However, this land belongs to EPF, KSRTC [...] Continue Reading »
