{"id":884770,"date":"2024-12-06T08:59:20","date_gmt":"2024-12-06T03:29:20","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=884770"},"modified":"2024-12-06T09:19:15","modified_gmt":"2024-12-06T03:49:15","slug":"dubai-holding-owned-tecom-to-exit-84-per-cent-stake-in-smartcity-kochi","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/06\/dubai-holding-owned-tecom-to-exit-84-per-cent-stake-in-smartcity-kochi\/","title":{"rendered":"Dubai Holding-owned TECOM to exit 84 per cent stake in SmartCity Kochi"},"content":{"rendered":"<p>KOCHI: TECOM Investments, a subsidiary of Dubai Holding LLC, which owns an 84% stake in SmartCity Kochi, a 246-acre IT park in Kakkanad, is withdrawing from the project. The state government holds the remaining 16% stake in the project. <\/p>\n<p>Contours of the withdrawal, including the compensation to be given to TECOM, will be decided by a government-appointed committee headed by the chief secretary. Industries Minister P Rajeeve said the committee will comprise the Kerala State IT Mission director, the Infopark CEO, and MD of Overseas Keralites Investment and Holding Ltd Dr Baju George.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KOCHI: TECOM Investments, a subsidiary of Dubai Holding LLC, which owns an 84% stake in SmartCity Kochi, a 246-acre IT park in Kakkanad, is withdrawing from the project. The state government holds the remaining 16% stake in the project. Contours of the withdrawal, including the compensation to be given to TECOM, will be decided by a government-appointed committee headed by the chief secretary. Industries Minister P Rajeeve said the committee will comprise the Kerala State IT Mission director, the Infopark CEO, and MD of Overseas Keralites Investment and Holding Ltd Dr Baju George.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-884770","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=884770"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884770\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=884770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=884770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=884770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}