Searched for
MTNL BOND REPAYMENT
MTNL bank loan default reaches Rs 8,659 crore in JulyMahanagar Telephone Nigam Limited faces financial strain. The telecom company defaulted on loan repayments. The amount is 86.59 billion rup...- MTNL defaults on bond repayment due on August 24MTNL has once again failed to repay its bond payment due on August 24, citing insufficient funds in its escrow account. Despite the default...
- MTNL defaults on bond repayment due on August 24MTNL has once again failed to repay its bond payment due on August 24, citing insufficient funds in its escrow account. The telecom firm wa...
- Cabinet secretary to hold meeting next week on MTNL revivalCabinet Secretary TV Somanathan will convene a meeting next week to address the financial woes of MTNL, which faces significant loan defaul...
- Banks grappling with increasing losses from MTNLLate on Saturday last week, MTNL said it had defaulted on loan repayments of more than ₹8,346 crore to multiple banks led by Union Bank of ...
- MTNL approves reduction in employee cost by offering Voluntary Retirement SchemeMahanagar Telephone Nigam has approved a Voluntary Retirement Scheme (VRS) aimed at reducing employee costs, modeled substantially on the G...
- MTNL defaults on Rs 1,000 crore loan, Bank of India makes provisionBank of India has set aside Rs 200 crore after MTNL, a government-owned telecom company, defaulted on a Rs 1,000 crore loan. MTNL's financi...
- Punjab and Sind Bank classifies MTNL accounts as non-performing assetsPunjab and Sind Bank (PSB) has notified that Mahanagar Telephone Nigam Limited (MTNL) accounts are now classified as Non-Performing Assets ...
- Rescue package on the cards for MTNL, RINL; committee to take final call on servicing MTNL debt of nearly Rs 8,000 crThe government is considering bailout plans for MTNL and RINL, with discussions involving the finance ministry. A committee will decide on ...
- ‘Navratna’ MTNL offers to pay 40% dues; PSU banks hang upSeveral lenders have classified loans to Mahanagar Telephone Nigam (MTNL) as non-performing assets, leading the state-run telecom utility t...
- Govt to pay cash-starved telco MTNL’s $5.1 billion bond billThe Indian government will cover all future bond payments for Mahanagar Telephone Nigam Ltd. due to a liquidity crisis. The loss-making com...
- MTNL shares rally 11% on board nod to revival planAccording to the filing, BSNL will provide all telecom services in Delhi and Mumbai through leasing of operational assets or other appropri...
- MTNL planning to raise around Rs 2,300 crore by selling bonds with ten-year maturityThe bids will open on Wednesday as the coupon rate is expected to be fixed above 10-15 basis points higher than the benchmark govt bonds.
- NTPC hits foreign debt market with $500 million issueA company official in New Delhi confirmed the move and said the proceeds will be used to meet capex plans, developing coal mines and ongoin...
- Indian companies like Reliance Jio, Axis Bank & others tie up nearly Rs 20,000 crore worth funds in two daysAmong the five, telecom player Reliance Jio Infocomm yesterday announced that it has arranged credit facilities worth $1.5 billion (Rs 9,20...
- MTNL gains over 4 per cent after raising Rs 1500 crore by selling bondsMTNL's scrip climbed over 4 per cent following reports the telecom company has raised Rs 1,500 crore by selling bonds to institutional inve...
- MTNL raises Rs 1.5k crore through 10-year BondsApart from MTNL, bonds issued by two other state-owned entities — FCI and Air India — enjoy the status of ‘irrevocable government guarantee...
- MTNL rallies over 4% on fund raising plans via bondsAt 09:40 a.m.; MTNL was trading 3.7 per cent higher at Rs 29.10. It hit a low of Rs 28.30 and a high of Rs 29.30 in trade today.
- MTNL raises Rs 1,005 crore via sovereign guarantee bondsMTNL expects to raise the balance funds in early April, Garg added. The telecom major will use funds to repay high interest loans and capit...
- MTNL to raise Rs 3,000 crore through bondsState-run telecom firm MTNL today said that it will raise Rs 3,000 crore through sovereign guarantee bonds.
Load More
