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MTNL FINANCIAL OBLIGATIONS
MTNL defaults on Rs 8,346 crore in bank loans; total indebtedness reaches Rs 33,568 croreMTNL has defaulted on loan repayments exceeding Rs 8,300 crore to a consortium of banks, including Union Bank of India and State Bank of In...- MTNL shares rally over 13% after clarification on bond paymentMTNL shares jumped nearly 14% after the company confirmed the government would honor bond payments following a default. Due to insufficient...
- Govt steps in to pay interest on MTNL bondMTNL informed investors that its debt obligations for the upcoming semi-annual interest payment on its 7.80% bond have been made for Series...
- MTNL seeking Rs 1,151.65 cr for paying interest arising out of sovereign guaranteed bonds“MTNL has sought Rs 1,151.65 crore to meet the payment of interest on Sovereign Guarantee Bonds (SGBs) for Financial Year 2024-25,” Ministe...
- MTNL seeks Rs 1,151.65 cr for sovereign guarantee bonds interest this fiscalDebt-ridden state telecom firm MTNL has requested ₹1,151.65 crore for interest payments on sovereign guarantee bonds for the current fiscal...
- Why the government is against the merger of Vodafone Idea and BSNL -MTNLVodafone Idea's shareholders would be heavily diluted since the debt owed to the government is six times the (telco’s) current market-cap, ...
- Govt trying to revive BSNL, MTNL, make them professionalCommunications minister Ravi Shankar Prasad informed Rajya Sabha that in order to revive the public sector units BSNL and MTNL, the VRS sch...
- Staff salaries due for 2 months, trying sincerely to release wages at earliest: MTNL CMD"Salary payment for two months...July and August are pending, we have cleared it (wages) till June," said Sunil Kumar, who recently assumed...
- Will repay Rs 125 cr debt to PSU bank by June-end: PK Purwar, MTNL CMDA household telephony brand in the 90s and early 2000, MTNL's revenue and profitability has come under tremendous pressure with intensified...
- 2G service quality of 3 telecom operators below TRAI norms in December quarterThe telecom regulator TRAI monitors the performance of service providers, including state-owned Bharat Sanchar Nigam Ltd (BSNL) and Mahanag...
- 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.
- Gear firm NSN quote high prices to modernise MTNL networkMTNL's plans to expand second- and third-generation networks in Delhi and Mumbai have hit a roadblock because the lowest bid put in by NSN ...
- Mahanagar Telephone Nigam Ltd’s expansion plans hit cost hurdleMTNL wants NSN to reduce its bid for supplying 2G and 3G network gear substantially as the company’s estimated project cost is well under R...
- GoM discusses ways to revive BSNL, MTNLThe inter-ministerial group looking at reviving the state-run telecom operators met for the first time on Wednesday but could not reach any...
- DoT presents financial status of BSNL, MTNL before GoMThe Department of Telecom (DoT) today made a preliminary presentation on the present financial status of BSNL and MTNL to the Group of Mini...
- DoT wants government to bear the cost of the one-time spectrum fee for BSNL and MTNLDoT has also sought the Cabinet’s clearance to refund a part of the 4G spectrum costs of these companies as they had surrendered these airw...
- BSNL borrowed Rs 1,320 cr for capex in 2011-12BSNL borrowed Rs 1,320.47 crore from the market to meet capital expenditure during 2011-12, Minister of State for Communications and IT sai...
- Government yet to take call on VRS for BSNL, MTNL employeesBSNL and MTNL had submitted a proposal duly approved by their respective boards to seek financial support from the govt for implementation ...
- Return spectrum fee to PSU telcos: Raja to FMPitching for telecom PSUs, BSNL and MTNL, telecom minister A Raja has approached finance minister Pranab Mukherjee seeking reimbursement of...
- Raja asks FM to reimburse spectrum money paid by BSNL, MTNLPitching for telecom PSUs BSNL and MTNL, Telecom Minister A Raja has approached Finance Minister Pranab Mukherjee seeking reimbursement of ...
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