business

VSNL land row blocking equity raising plan of Tata Comm

It's been six months since the cabinet approved the demerger of the surplus 740 acre VSNL land into a separate entity. But Tata Communications, as VSNL is now called, says the sale has faced several issues. It's even hampering the company's efforts to retire its $1 billion debt, reports Kritika Saxena of CNBC-TV18.

first published: Dec 10, 2012 09:41 pm