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MTNL ASSET MONETISATION
NABARD acquires leasehold rights to MTNL’s BKC campus in Rs 351 crore dealNABARD has made waves by securing a prestigious commercial site in Mumbai’s vibrant Bandra-Kurla Complex. The development-focused instituti...- MTNL shares soar 18% on Rs 2,135 crore asset monetisationMTNL share price surged 18.4% after earnings of Rs 2,134.61 crore from asset monetization were disclosed. Since 2019, BSNL and MTNL togethe...
- BSNL, MTNL raise Rs 12,984 crore from asset monetisationSince 2019, BSNL and MTNL have earned a substantial Rs 12,984.86 crore from monetising non-essential land, buildings, towers, and fibre ass...
- Plan to raise Rs 16,000 cr from sale of MTNL, BSNL assets in last lapThe finance ministry plans to raise ₹16,000 crore by selling assets of MTNL and BSNL. Approved by NLMC and the Department of Public Enterpr...
- There will be no default on MTNL bond dues: Telecom Minister ScindiaThe Indian government has assured there will be no default on MTNL's bond dues as its operations transfer to BSNL. Telecom Minister Jyotira...
- BSNL, MTNL nudged to monetise land faster to pare debtCabinet Secretary Rajiv Gauba called a review meeting with the senior officials of BSNL and MTNL earlier this week to take an update on the...
- Non core asset monetisation begins: Six BSNL, MTNL properties put up for biddingThe government is likely to auction more assets of PSUs after the current round. It will use the MSTC platform for selling non-core assets ...
- Government puts on sale MTNL, BSNL assets worth about Rs 1,100 croreThe Department of Investment and Public Asset Management (DIPAM) website has listed MTNL assets located in Vasari Hill, Goregaon in Mumbai ...
- BSNL employees union opposes monetisation of telecom assets; to hold demonstration on FridayIf monetisation of these assets is allowed, then the government's next target will be to monetise 7 lakh route kilometre length of optic fi...
- Monetisation push to start with sale of MTNL’s realty assetsThe asset monetisation is part of the Rs 68,000-crore revival package for loss-making telecom public sector enterprises MTNL and Bharat San...
- Govt seeks financial bids from property consultancy firms for monetising MTNL assetsDIPAM added that the consultancy firms empanelled will be required to prepare the 'Feasibility Report' in about three weeks for each of the...
- MTNL working on monetising certain assets in MumbaiMinister of State for Finance Anurag Singh Thakur said International Property Consultants has been appointed for end-to-end transaction adv...
- Consultants roped in to evaluate land monetisation process for BSNL, MTNL: CMDA preliminary report on the land monetisation process is likely to be submitted by the month-end, BSNL Chairman and Managing Director P K P...
- MTNL shareholders' approve Rs 6,500-crore NCD issue, monetisation of land and buildingsMTNL said that majority votes were cast in favour of the monetisation of land and buildings.
- BSNL has identified properties worth over Rs 20,000 crore for monetisation: CMDIn October last year, the government had approved a Rs 69,000 crore revival package for BSNL and MTNL. Meanwhile, a government source told ...
- GoM constituted to expedite implementation of Rs 69,000 cr revival plan of BSNL, MTNL: SourcesA seven-member Group of Ministers has been constituted to fast-track & oversee implementation of the plan.
- MTNL seeks shareholders' nod for fundraising, monetisation of land & buildingsMTNL said the company's extraordinary general meeting will be held on January 8, 2020, in this regard.
- BSNL, MTNL staff unions, associations meet Prasad; pledge support to government's relief planSources privy to the development said that the minister also met the employee unions and officer associations on Monday and that they assur...
- Ravi Shankar Prasad directs BSNL, MTNL to proceed quickly on VRS, asset monetisation plansThe government last month had approved a Rs 69,000-crore revival package for BSNL and MTNL. It includes an infusion of Rs 20,140 cre capita...
- BSNL, MTNL to be merged; Cabinet approves four-way revival planTelecom Minister Prasad said that government wants to make these companies more competitive.
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