Gtl Infra

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  GTL Infra Board To Discuss Conversion Of $5 Million Debt To Equity

  The company said that it has outstanding Zero Coupon Compulsory Convertible bonds worth $32.72 million as on date.

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  GTL Infrastructure Shares Slump 6.5% Post Q4 Earnings

  Shares of telecom tower firm GTL Infrastructure on Wednesday plunged 6.5 per cent after the company's March quarter numbers failed to impress investors.

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  GTL Infra March Quarter Loss Narrows To Rs 93 Crore

  Telecom tower firm GTL Infrastructure on Tuesday said its standalone net loss narrowed down to Rs 92.75 crore in the March quarter.

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  GTL Infra Net Loss Widens to Rs 167.83 Crore

  The company had reported a net loss of Rs 146.84 crore for the corresponding period last fiscal, GTL Infrastructure said in a BSE filing.

• Reliance Jio Signs Tower Sharing Deal With GTL Infra

  RJIL holds pan-India broadband wireless access (BWA) spectrum and is planning to launch commercial 4G telecom services in 2015.

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  Reliance Jio Infocomm and GTL Infrastructure Sign Tower-Sharing Deal

  GTL Infra, together with Chennai Network Infra, has a combined portfolio of more than 27,800 towers spread across 22 telecom circles in India.

• PSL in talks for $825 million debt recast

  Steel pipe maker PSL Ltd is in talks with lenders including State Bank of India and ICICI Bank to restructure its Rs 45 billion debt, a company official told Reuters.

• Corp Bank Q3 net marginally up at Rs 402 cr on higher NPAs

  Corporation Bank reported muted 5.2% rise in net profit at Rs 402 crore due to higher cost of funds and NPAs

• GTL, GTL Infra shares surge in weak market

  Shares of GTL Ltd surged by 9.86 per cent to Rs 39.55 on the BSE, while GTL Infra jumped 7.78 per cent to an early high of Rs 9.55.

• Small stocks take big beating in 2011

  The reason as to why blue-chip stocks have fared better than small companies is that big companies are available at cheap valuations.

• GTL Infra admits undisclosed income of Rs 500 cr to I-T Dept

  GTL Infra had admitted undisclosed income of Rs 500 cr," said Minister of State for Finance SS Palanimanickam.

• GTL, GTL Infra jump up to 8.52% on debt restructuring plan

  Shares of debt-ridden telecom infrastructure firm GTL Ltd today surged by 8.52 per cent on the BSE on reports that lenders have approved the debt  restructuring proposal of the company.       Defying the weakness in the broader market, GTL closed 8.52 per cent higher at Rs 68.75 apiece on the BSE. During in...

• GTL, GTL Infra rise on BSE amid debt restructuring buzz

  Shares of telecom infrastructure firms GTL Ltd and GTL Infrastructure skyrocketed by nearly 40 per cent and 20 per cent, respectively, on the BSE during intra-day trade on Friday amid media reports that lenders have approved a debt restructuring proposal for the two companies. Following the buzz, GTL's scrip zoomed up by 39.56 per cent to to...

• RIL eyes GTL Infra's assets for telecom foray

  In a bid to create backend infrastructure for telecom venture of Mukesh Ambani, India's largest private company Reliance Industries (RIL) is looking to acquire troubled tower major GTL Infra. RIL has put its broadband wireless plans on the fast track. NDTV learns that RIL is in talks with GTL Infrastructure to buy out its tower business. ...

• GTL Infra board clears CDR scheme

  Telecom equipment manufacturer GTL  Infrastructure today said its board has approved the draft of  the debtor-creditors agreement under Corporate Debt Restructuring (CDR) scheme. The Board has also noted to forward the proposal to the CDR  cell for the purpose of the debt restructuring, GTL Infrastructure said in a filing to t...