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Bids received for acquiring 58% stake in...

GTL Infrastructure lenders have received bids from four players to acquire a total of 58 per cent stake in the telecom tower company. Among the bidders are Bain-Piramal, Aion Capital and Beam Investments.

Aksh Optifibre reports net profit of Rs ...

Aksh Optifibre Limited has reported financial results for the quarter ended September 2017. The company’s profit after tax (PAT) increased by 1.36 times from Rs 21.4 million for the quarter ended June 2017 to Rs 50.6 million for the quarter ended September 2017.

Nokia begins manufacturing 5G ready base...

Nokia has begun manufacturing 5G- ready multiband base station in India at its Chennai facility. The company expects to start shipping the product to some global customers soon.

RailTel diversifies business, enters the...

RailTel has diversified its business by foraying into the Signaling business. RailTel Enterprise Limited (REL), a subsidiary of RailTel has signed a memorandum of understanding (MOU) with TVM Signaling and Transportation Systems India Private Limited for the purpose of hosting a cloud based signaling application in RailTel data centres.

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