532691 founded july 2 1992 founder lt. col. h. s. bedi headquarters new delhi india website www.tulip.net tulip telecom limited bse 532691 formerly tulip it services ltd. is an indian telecommunications services provider . contents 1 history 2 business transformation strategy 3 data centre 4 controversies 5 defaulter 6 charges 7 references 8 external links history edit the company was started by hardeep singh bedi an ex army man . after serving the indian army for 22 years lt col hs bedi took voluntary retirement and founded his company tulip it services then tulip software pvt ltd in 1994 and today it is known as tulip telecom ltd. bedi started the company with four employees in new delhi as a software reseller . later the company explored the field of network integration and implemented a wireless network in mallapuram kerala . this was a key milestone in tulip s history . the company also explored the field of wireless and developed an mpls vpn network citation needed . the company s data network has a reach of over 2 000 locations globally . the company has a global presence with over 3 250 employees and more than 1 800 customers . tulip designs implements and manages communication networks of large enterprises on long term contracts to include enterprise communications connectivity network integration managed and value added services . citation needed business transformation strategy edit tulip is gradually shifting its focus from enterprise data connectivity provider to enterprise data service provider . data centre edit the company acquired a data centre facility in bengaluru by purchasing 100 per cent shares of sada it parks private ltd for rs 230 crore . tulip telecom announced that it has chosen it major ibm and data centre consultant schnabel to establish a data centre in bengaluru . tulip through its wholly owned subsidiary company tulip data centre pvt ltd spread across 9 lakh square feet for rs 230 crore . the data centre will be built with an approximate investment of rs 900 crore spread over three years . schnabel will do peer review consulting with tulip on the data centre build . citation needed this is tulip s fifth data centre in the country which will increases the combined space under its data centres to approximately 10 lakh square feet . tulip already has one data centre each in delhi and bengaluru and two in mumbai . 1 2 it has won a contract from the government of madhya pradesh for a statewide area network swan . 3 tulip telecom won market leadership award for its mpls ip virtual private network for three years in a row from frost & sullivan beginning 2009 . 4 controversies edit investigations by delhi service tax commissionerate found that tulip telecom which is engaged in providing internet services among others was not filing its mandatory returns of the central levy from 2012 13 they said . 5 service tax commissionerate officials in delhi arrested lt col retd h s bedi cmd of tulip telecom limited on tuesday 19 march 2014 on charges of non payment of tax even after collecting it from its consumers . the estimated alleged service tax evasion by the company is rs . 32.16 crore . for the quarter ended 30 jun 2013 the company has reported a standalone sales of rs . 253.42 cr . down 39.21 % from last quarter sales of rs . 416.90 cr . and down 52.01 % from last year same quarter sales of rs . 528.13 cr . 6 defaulter edit tulip had defaulted on redemption of foreign currency convertible bonds worth 140 million due in august 2012 apart from delaying salaries . ultimately it used proceeds from the sale of its stake in the joint venture with qualcomm to repay this debt 7 charges edit bank of india icici bank canara bank & few other banks have charged tulip telecom for fraud . 8 references edit lakshman nandini december 1 2008 . tulip telecom blooms in india . business week . retrieved 19 january 2010 . tulip telecom net zooms 63 % . the economic times . 30 july 2009 . retrieved 19 january 2010 . miuli umli september 22 2008 . mp state selects tulip telecom for swan project initiating e governance . it examiner . retrieved 19 january 2010 . tulip telecom bags leadership award . the hindu business line . december 29 2009 . retrieved 19 january 2010 . http www.thehindubusinessline.com companies tulip telecoms cmd arrested for alleged service tax evasion article5809974.ece http economictimes.indiatimes.com tulip telecom ltd stocks companyid 17735 . cms http www.thehindubusinessline.com info tech tulip telecom staff intensify protest over salary dues article5222000.ece http www.moneylife.in article tulip telecom goes bust 36185.html ibm to set up data centre for tulip telecom 1 external links edit wikimedia commons has media related to tulip telecom . official website retrieved from https en.wikipedia.org w index.php title tulip telecom & oldid 744219132 categories companies listed on the bombay stock exchangecompanies based in new delhitelecommunications companies of indiahidden categories pages using infobox company with unsupported parametersall articles with unsourced statementsarticles with unsourced statements from february 2012articles with unsourced statements from september 2013articles with unsourced statements from january 2013commons category with page title same as on wikidataofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages add links this page was last modified on 13 october 2016 at 21 16 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view