Tulip Telecom Ltd

Type: Company
Name: Tulip Telecom Ltd
First reported Mar 31 2014 - Updated Mar 31 2014 - 1 reports

Qualcomm to Divest Indian Venture - Analyst Blog

Qualcomm Inc. (NASDAQ: QCOM) recently received the regulatory approval in India to divest its remaining stake in Broadband Wireless Access (NYSE: BWA) spectrum to the local operator Bharti Airtel.In 2010, Government of India conducted a spectrum auction ... [Published Benzinga.com - Mar 31 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 1 reports

TULIP TELECOM : chairman arrested for service tax evasion of Rs 32 crore

Everyone knew that Tulip Telecom was facing financial problems. However, no one imagined that its chairman and managing director Lt. Col ( Retd) H.S. Bedi would be arrested for service tax evasion. A case has been registered against Tulip Telecom Ltd ... [Published 4 Traders - Mar 26 2014]
First reported Mar 24 2014 - Updated Mar 25 2014 - 2 reports

Tulip Telecom clarifies on news item

Tulip Telecom has clarified on the news item appearing in a leading financial daily titled, Tulip Telecom CMD arrested for alleged Rs 32 Crore service tax evasion.W ith reference to the news item appearing in a leading financial daily titled "Tulip Telecom ... [Published Moneycontrol.com - Mar 25 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

Tulip shares hit lower circuit

Tulip Telecom shares closed up 4.45 per cent at ₹3.99 on the BSE, after hitting the lower circuit of ₹3.63 a share on Monday, on reports of the arrest of its Chairman and Managing Director. Its founder and CMD Hardeep Singh Bedi, according to media reports, ... [Published Hindu Business Line - Mar 24 2014]
First reported Mar 22 2014 - Updated Mar 22 2014 - 1 reports

Tulip Telecom chairman arrested for service tax evasion of Rs 32 crore

Everyone knew that Tulip Telecom was facing financial problems. However, no one imagined that its chairman and managing director Lt. Col (Retd) H.S. Bedi would be arrested for service tax evasion.A case has been registered against Tulip Telecom Ltd for ... [Published Telecom Tiger - Mar 22 2014]
First reported Mar 20 2014 - Updated Mar 21 2014 - 7 reports

Tulip Employees Seek Distress Exits After CMD Arrest

The announcement of the arrest of Chairman and Managing Director (CMD) of Tulip Telecom, Col. HS Bedi turned out to be a shocker for many of the company's employees, compelling them to quickly explore possible exit options.“We are flooded with the resumes ... [Published Light Reading India - Mar 21 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 2 reports

TULIP TELECOM : MD accused of evading service taxes

The managing director of Indian enterprise data services provider Tulip Telecom , H. S. Bedi , has been arrested for allegedly evading taxes in the amount of INR 321.60 million. A case has also been registered against the comapny for failing to pay service ... [Published 4 Traders - Mar 21 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 1 reports

Stocks in news: Infosys, Axis, GSK Consumer, Tulip Telecom

ial Technologies are stocks, which are in the news today. ... [Published Moneycontrol.com - Mar 21 2014]
First reported Mar 19 2014 - Updated Mar 19 2014 - 1 reports

CARE reaffirms ‘D’ rating to Tulip Telecom’s Long-term Bank Facilities

Credit rating agency, CARE has reaffirmed ‘D’ rating to Tulip Telecom’s Long-term Bank Facilities worth Rs 686.83 crore, Short-term Bank Facilities worth Rs 60 crore and Non-Convertible Debentures (NCD) worth Rs 300.00 crore.The rating agency has also ... [Published Telecom Live - Mar 19 2014]
First reported Mar 14 2014 - Updated Mar 14 2014 - 1 reports

Seamless Services: Companies leverage te...

With stiff competition and growing consumer awareness, organisations across various sectors are reinventing their sales and distribution networks. Companies are using telecom and IT tools to improve day-to-day sales operations and enhance efficiency.Achieving ... [Published Tele.net.in - Mar 14 2014]
First reported Mar 12 2014 - Updated Mar 12 2014 - 1 reports

Aksh Optifibre: Expanding its global footprint

Since its establishment in 1986, Aksh Optifibre Limited has been playing a key role in driving the growth of the fibre-to-the-home (FTTH) market. The company started manufacturing optic fibre and optic fibre cable (OFC) in 1994 and since then has emerged ... [Published Tele.net.in - Mar 12 2014]
First reported Mar 10 2014 - Updated Mar 11 2014 - 2 reports

BSE to move 15 stocks; NSE to move 6 scrips to 'T' Group

Six stocks which will be shifted to the restricted category on both the exchanges include - Excel Infoways, ICSA (India), Omnitech Infosolutions, Paramount Printpackaging, Prime Securities and Tulip Telecom.Tags : move, stocks, move, scrips, GroupMore ... [Published India Everyday - Mar 10 2014]

Quotes

...32 Crore service tax evasion", Tulip Telecom Ltd has Clarified to BSE as under: "The Service Tax Department has detained our Chairman, Lt Col. H S Bedi, for alleged evasion & delay in payment of service tax. The company has undergone significant liquidity pressures over the last 2 years and filed for CDR in December, 2012. Tulip has been a timely payer or statutory dues over the past many years and expects to resolve this issue at the earliest" .Source : BSE
The exchanges have asked its members "to take adequate precaution" while trading in these stocks. However, they said that the move "is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company" . These stocks would attract a circuit filter of up to 5 percent which would be the maximum permissible limit within which the share price can move
...latest Indian firm to opt for the Corporate Debt Restructuring (CDR) mechanism, under which creditors agree to change easing of repayment terms. "The debt-restructuring exercise will ensure better liquidity and enable the company to focus and strengthen its core operations" the company said in a release
"The facts and circumstances of the case relating to the noticee do not suggest any emergent or urgent reasons to continue with the directions issued against the noticee"

More Content

All (29) | News (29) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Qualcomm to Divest Indian Venture - Analyst Blog [Published Benzinga.com - Mar 31 2014]
TULIP TELECOM : chairman arrested for service t... [Published 4 Traders - Mar 26 2014]
Changes at the Top: Key movements in 2013 [Published Tele.net.in - Mar 25 2014]
Tulip Telecom clarifies on news item [Published Moneycontrol.com - Mar 25 2014]
Tulip Telecom Ltd Clarifies on arrest of its Ch... [Published Equity Bulls - Mar 24 2014]
Tulip shares hit lower circuit [Published Hindu Business Line - Mar 24 2014]
Tulip Telecom chairman arrested for service tax... [Published Telecom Tiger - Mar 22 2014]
Tulip Employees Seek Distress Exits After CMD A... [Published Light Reading India - Mar 21 2014]
Tulip Telecom’s CMD arrested for service tax ev... [Published Money Life - Mar 21 2014]
TULIP TELECOM : MD accused of evading service t... [Published 4 Traders - Mar 21 2014]
Tulip Telecom stock down 5% [Published India Infoline - Mar 21 2014]
Tulip Tele down after CMD's arrest for tax evasion [Published Economic Times - Mar 21 2014]
Tulip Telecom stock hits lower circuit limit af... [Published Hindu Business Line - Mar 21 2014]
Stocks in news: Infosys, Axis, GSK Consumer, Tu... [Published Moneycontrol.com - Mar 21 2014]
Tulip Telecom MD accused of evading service taxes [Published Telecompaper - Mar 21 2014]
Tulip Telecom CMD arrested for alleged Rs 32-cr... [Published Business Standard India - Mar 20 2014]
Telecom firms CMD Lt Col HS Bedi arrested for ... [Published Big News Network - Mar 20 2014]
CARE reaffirms ‘D’ rating to Tulip Telecom’s Lo... [Published Telecom Live - Mar 19 2014]
Seamless Services: Companies leverage te... [Published Tele.net.in - Mar 14 2014]
Aksh Optifibre: Expanding its global footprint [Published Tele.net.in - Mar 12 2014]
BSE to move 15 stocks; NSE to move 6 scrips to ... [Published India Everyday - Mar 10 2014]
BSE to move 15 stocks; NSE to move 6 scrips to ... [Published Moneycontrol.com - Mar 10 2014]
Warrant & Certificate Programme [Published TrustNet - Sep 11 2013]
Bharti flexes 4G muscle [Published Calcutta Telegraph - Jul 05 2013]
Tulip shares rise following debt restructuring ... [Published Topnews.in - Jan 01 2013]
Midcap Crash: Sebi revokes market ban on Milest... [Published Indian Express - Dec 21 2012]
UP power corporation to open 168 online billing... [Published Topnews.in - Jun 07 2012]
Qualcomm to get license after clearing Rs.410 c... [Published Topnews.in - Feb 24 2012]
Dataquest–CyberMedia Research of 3,337 profs Re... [Published Topnews.in - Sep 28 2011]
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