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Page 6 - அடல் பிஹாரி வாஜ்பாய் வழிநடத்தியது News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Union government to offload entire stake in Tata Communications

The Union government is offloading its entire stake in Tata Communications. It currently holds a 26.12 per cent stake (7,44,46,885 shares) in Tata Communications, which will fetch almost Rs 9,602 crore based on the closing price of the Tata group firm on Friday. Of this around 16.12 per cent will be sold through an offer for sale (OFS) while the rest will go to Panatone Finvest, an investment arm of Tata Sons. It may be recalled that VSNL was privatised in 2002 by the Atal Bihari Vajpayee-led NDA government when it divested a 25 per cent shareholding along with transfer of management control to Panatone Finvest Ltd, the strategic partner. Subsequent to the strategic divestment, the name of the company was changed to Tata Communications Ltd.

Sasikala quits politics: The rise and fall of Chinnamma of Tamil Nadu

Sasikala quits politics: The rise and fall of Chinnamma of Tamil Nadu Sasikala on Wednesday announced she is retiring from active politics. Releasing a statement, Sasikala said she will stay away from politics . (Image Source: File Photo) Updated: Mar 4, 2021, 11:39 AM IST VK Sasikala, an ambitious woman from Tamil Nadu, once crazy about movies and film stars - her life s story itself is nothing short of a film script. Sasikala was often referred to as Chinnamma (mother’s younger sister) while Jayalalithaa was Amma . Undoubtedly, she was the soul sister of the late Chief Minister of Tamil Nadu J Jayalalithaa. Sasikala on Wednesday announced she is retiring from active politics. Releasing a statement, Sasikala said she will stay away from politics , but would pray for the golden rule of Amma.

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