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MTNL ASSET SALE
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...
- MTNL shares rally 19% as government clears Rs 16,000 crore asset monetizationMTNL share price: MTNL has been grappling with a growing debt burden. As of August 30, 2024, the company's total debt amounted to Rs 31,944...
- MTNL board approves 10-year service pact with BSNLThe board "accorded its approval to enter into a service agreement between BSNL and MTNL for a period of 10 years or unless it is revoked e...
- BSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh croreRecently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of th...
- 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...
- GoM defers BSNL-MTNL merger; approves BSNL land sale to CBSE for Rs 64 croreThe group of ministers (GoM) has also approved the sale of 6,000 square metres of BSNL land in Noida to Central Board of Secondary Educatio...
- 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...
- 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 ...
- BSNL in talks with CBSE for sale of land parcels; eyes Rs 300 cr from asset monetisation in FY20State-owned Bharat Sanchar Nigam Ltd (BSNL) has initiated discussions with the Central Board of Secondary Education and others for sale of ...
- Government eyes Rs 3 lakh crore by public sector transmission lines, telecom towers, gas pipelines & airportsNiti Aayog has drawn up a list of assets that can be sold including towers of BSNL & MTNL.
- DoT commission seeks revenue assurance from BSNL, MTNL for revival supportPublic sector firms BSNL and MTNL have sought financial support, 4G spectrum and approvals for asset sales as part of their revival plans.
- MTNL investing Rs 190 crore to upgrade services; may be allocated 4G spectrum: Manoj SinhaThe DoT is seriously considering to allot 4G spectrum to state-run MTNL and BSNL, said telecom minister Manoj Sinha.
- MTNL revival tough but not impossible: Telecom Minister Ravi Shankar PrasadRavi Shankar Prasad also cited the turnaround at another state-run telecom firm BSNL, which posted an operating profit after many years.
- MTNL official charged for corruptionA CBI court here has framed charges of corruption against a senior official of state-owned Mahanagar Telephone Nigam Limited (MTNL) for all...
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