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Events :
YEAR EVENTS 1950 - The Company was Incorporated as a
private limited company on 25th January, at Bangalore. The
Company was the first public sector undertaking started in 1948
by the Government of India after independence. The Company
became a public limited company on 23rd November, 1985. The
main objects is to design, manufacture and supply
telecommunication equipment such as telephone instruments,
electromechanical exchanges, transmission systems, electronic
exchanges and ground stations for satellite communications.
- The Company has its own R&D division to play its role in
technology innovation, upgradation and adaptation.
Advanced facilities and infrastructure were established for
research and product development.
- It was proposed to be met by floating bonds to the public, funds
in the form of budgetary support from Government and internal
accruals.
1979 - 90,064 shares allotted without payment in cash. Out of the
total shares issued, 31,250 shares were held by Karnataka
Government and 14,68,750 shares were held by Govt. of India.
1998 - ITI Ltd, the country's largest telecom company has won
IMM award for excellence as "Marketing Company in the
Organised Sector" for the year 1998. The award comprising of
gold, silver trophy and a certificate of merit.
- ITI Limited will soon introduce the automated system
technology for payment of bills and for coin change machines.
- Indian Telephone Industries (ITI) and its joint venture concern
are set to bag a substantial portion of the Rs. 118-crore tender
for synchronous digital hierarchy (SDH) equipment which was
opened recently by the Department of Telecommunications
(DoT).
- ITI Ltd, has set up very large scale integration (VLSI)
fabrication unit to manufacture highly critical integrated circuits
(chips) with an investment of Rs 153 crore, at its Bangalore
plant.
1999 - CMC Limited signed an agreement with ITI Limited to
implement an Enterprise Resource Planning software at the
companies facility at Mankapur in Gonda district.
- ITI Ltd. has entered into a fresh agreement with Alcatel and has
renewed its tow decade old agreement to further strengthen
technological co-operations.
- The Indian telecom giant ITI Ltd, the first public sector
unit to be set up after Independence, has charted out a
strategy to portray itself as a dynamic organisation
concentrating more on marketing activities along with a
special focus on the export markets.
- ITI Ltd. is likely to be shortlisted for setting up the earth station
company.
-Unveils India's first Security Software Product E-Seal
(Electronic Secure Encryption authentication Lock).
-Shri Y K Pandey assumes charge as the CMD of the company
from May 6th.
-MTNL,BSNL , ITI Ltd and TCIL drop their plan to provide
International Long Distance Services
-Mr S K Manocha relinquishes the Directorship on the Board of
ITI.
-Declares itself sick under the Sick Industrial Companies Act
following the erosion of more than 50% of its networth.
-Fibcom India Ltd, a joint venture between ITI and Tellabs
receives the award for Excellence in Professional Electronics for
2001-2002 from Ministry of Communication and Information
Technology.
-Emerges as the top telecom turnkey services company in the
country.
-Board approves for the issue of L series of bonds of Rs.940
million on private placement basis with government of India
Guarantee.
-ITI Ltd. declared itself sick under the provisions of Sick
Industrial Companies (Special Provisions) Act, 1985, following
the erosion of more than 50% of its networth.
2004
- Lt. Gen S. P. Kochhar, AVSM, SM, VSM, Signal Officer incharge, Ministry of Defence and Shri N. K. Joshi, DDG (SU),
Department of Telecommunication, New Delhi have been
appointed as Government Directors on the Board of ITI Limited.
2013
-ITI Bags National Safety Awards from Ministry of Labour &
Employment. -ITI signs MoU with TSSC for special focus on Skill
Development in the Telecom Industry.
2014 -ITI signs MoU with Department of Telecommunications.
-ITI bags largest Non-RQ order for NFS. -An MoU was signed
between M/s. ITI and M/s. HAL for exploring mutually beneficial
business opportunities in the manufacturing and service
domains.