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December 23, 2024

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HFCL to Raise Funds Worth INR 750 Crore Through Various Issues

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The HFCL board has constituted a fund raising committee, chaired by Managing Director Mahendra Nahata as its chairman. September 3, 2021 Domestic telecom gear maker HFCL Ltd. has received its board’s consent to raise up to INR 750 crore through equity, bonds, debentures or any other securities. HFCL is one......
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Nokia, HFCL Among 25 Companies Register Under PLI Scheme for Telecom Sector

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Around 25 telecom gear makers – including Nokia and HFCL have applied under the Rs 12,195 crore production linked incentive scheme for the sector, according to official sources. June 23, 2021 Around 25 telecom gear makers – including Nokia and HFCL have applied under the Rs 12,195 crore production linked......
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Wire & Cable India Emagazine Mar-Apr Issue 2021

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Wire & Cable India Emagazine Mar-Apr 2021 issue is now LIVE. Featuring Editorial Article on Fire Safe Cables, Exclusive Interaction with Mr. Sandeep Bhargava (Executive President & Chief Procurement Office-Polycab India), one-on-one interviews with Gita Group, Tempsens Instruments, Industry Articles, Case Study, and latest stories from the wire and cable......
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HFCL Wins Order Worth Rs. 221 Crore For Kanpur, Agra Metro Projects

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In this order, HFCL will set up the telecommunication systems for 32.4 km of Kanpur Metro and 14 km of Agra Metro projects March 20, 2021 Telecom equipment major HFCL (Himachal Futuristic Communications Ltd.) has won an Rs. 221 crore order from the Uttar Pradesh Metro Rail Corporation for setting......
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HFCL to Acquire 50 Percent Stake of Nimpaa Telecommunications

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HFCL will pay cash consideration of INR 1 crore for acquiring 50 percent of the diluted paid-up equity share capital of Nimpaa Telecommunications (Nimpaa). The acquisition will be completed by April 2021. March 16, 2021 HFCL Ltd. plans to acquire up to 50 percent stake in Nimpaa Telecommunications — keeping......
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HFCL to Invest INR 125 Crore Into R&D to Bag Civilian and Defence Market Share

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HFCL has a good order book of about INR 7,500 crore, which is double the revenue of last year. January 18, 2021 Telecom infrastructure provider HFCL is planning to invest INR 125 crore in its R&D in 2020-21 in a bid to capture a large chunk of the INR 40,000......
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HFCL Limited to Scale up Hyderabad Unit Cable Production by 33 Percent

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HFCL Limited has invested a total of INR 300-crore in fully-automated high-speed FTTH cable manufacturing unit in Telangana that produces more than 6 lakh fibre kilometres (fkm) of cable per annum. January 13, 2021 HFCL Limited, one of the India’s largest manufacturers of optic fibre cable, is planning to increase......
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HFCL’s new Hyderabad Facility Commences Production of FTTH Cables

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The company specializing in the manufacturing of telecommunication equipment, and optical fiber cables had earlier invested INR 260 crore in its Hyderabad plant. December 17, 2020 HFCL (Himachal Futuristic Communications Ltd.) rose by 3.56% and has hit a 52-week high to be valued at Rs 24.75 after the company announced......
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HFCL Bags Order Worth Rs 174.43 Crores for Supply of Optical Fibre Cables

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Domestic telecom gear maker HFCL has bagged orders for supply of optical fibre cables under Bharat Net Phase-II Programme. May 24, 2020 Himachal Futuristic Communications Limited has bagged order worth Rs 174.43cr from a Private Leading Integrator of data networks for the supply of Optical Fibre Cables (OFC). The company......
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