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MTNL PROPERTY SALE
MTNL shares rally 17% as board approves Rs 892 crore Powai property sale amid debt worriesMTNL shares rose sharply after the company’s board approved the sale of its Powai property in Mumbai to the Income Tax Department for Rs 89...- Mother wins property battle against son and daughter-in-law: Delhi HC orders them to vacate her houseThe Delhi High Court ordered a son and his wife to vacate his parents' house after ownership documents proved that his mother was the sole ...
- Short term investment lesson from Kailash Kher's Mumbai property deal: Singer makes profit in just 10 months, sells office space for Rs 10.75 croreSinger Kailash Kher has sold his 2,619 sq ft office in Mumbai’s BKC for Rs 10.75 crore, around 10 months after purchasing it for Rs 10.50 c...
- MTNL, BSNL and RINL's Rs 13,500 crore worth of realty assets to hit marketsRealty assets worth an estimated ₹13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public En...
- There is one line where a loss can hide for years. If you own the stock, you find out lastEvery rupee a company spends has to be accounted for somewhere. A cost may be charged as an expense and reduce current profit, or it may be...
- 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...
- 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...
- MTNL slides 6% as Q3 loss widens to Rs 659 croreThe consolidated revenue from operations of MTNL declined by about 16 per cent to Rs 303.56 crore during the reported quarter from Rs 360.4...
- 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 ...
- 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...
- MTNL ropes in DTZ, Feedback Infrastructure to monetise propertyThe consultants will also help MTNL in its plan to develop about 50 land parcels aggregating 6.10 million sq ft in these cities .
- State-run MTNL appoints advisors for property saleConsultants will help MTNL in its plan to develop about 50 land parcels aggregating 6.10 million sq ft in various cities.
- BSNL, MTNL hit by competition, rising costs: GovernmentCiting reasons for losses, Deora said the revenue has decreased because of fixed to mobile substitution and stiff competition.
- BSNL, MTNL invite bids to review real estate assetsBSNL, MTNL have invited bids from consultants to help them monetise real estate, a move aimed at recouping falling profits and revenues.
- MTNL, HCL Infosystems fall after CBI files case in CWG scamCBI registered another case in the CWG scam and searched residences of officials of Mahanagar Telecom Nigam Limited and HCL Infosystems.
- Commonwealth Games scam: CBI files case against MTNLThe CBI registered another case in CWG scam and searched residences of MTNL officials and HCL Infosystems for allegedly inflating cost of s...
- 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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