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MTNL REVIVAL
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...- 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...
- MTNL stock jumps 7% on reports that govt is looking to delist companyThe stock was last trading at Rs 22.30, up 2.76% from its previous close
- Government may delist MTNL to merge with BSNL“Since MTNL is a listed company, the process takes time. The transaction advisor will have to go through the process related to the merger ...
- 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...
- Government defers proposal to merge BSNL, MTNL due to financial reasonsBSNL Chairman and managing director PK Purwar, who also heads MTNL, has submitted before a Parliamentary panel that the Department of Telec...
- BSNL LoI given to 5 local telecom firms for participation in 4G tender: MoS TelecomAccording to a BSNL notice issued in January, the company had proposed to test the quality of Indian telecom equipment before letting them ...
- Government has no plan to close down BSNL, MTNL: DhotreThe revival plan includes reduction in employee costs through a voluntary retirement scheme (VRS) for the employees of age 50 years and abo...
- BSNL, MTNL won't be closed, efforts being made to revive them: Govt in Rajya SabhaTelecom Minister Ravi Shankar Prasad said as part of a revival plan for BSNL and MTNL, there will be optimal utilisation of land and other ...
- 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...
- MTNL sets December 3 for employees to opt for VRSIn a notice sent out by MTNL to employees, the company mentioned "all regular and permanent employees of 50 years and above as on January 3...
- Group of Ministers discuss revival of BSNL, MTNLBSNL and MTNL have also approached the government for granting voluntary retirement scheme package to their employees.
- MTNL remains relevant for telecom, its sustainability important for customers, market: CMDThe comment assumes significance as loss-making telecom PSUs MTNL and BSNL are saddled with massive debt and have faced problems in clearin...
- MTNL revival plan on, DoT panel meeting regularly: CMDIn September last, DoT constituted an internal panel to carve out a future path for the debt-laden Mahanagar Telephone Nigam Ltd (MTNL).
- Parliamentary Panel for BSNL, MTNL merger to give them fighting chanceOne of the options entailed MTNL focusing on turnaround with support from the government and shareholders and seeking opportunities "to sel...
- DoT panel studying Deloitte report on MTNL revival: Manoj SinhaA household telephony brand in the 90s and early 2000, MTNL has been making losses since 2009-10 after it was asked to pay Rs 11,000 crore ...
- 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.
- DoT working on modalities of BSNL-MTNL mergerIn a bid to revive BSNL and MTNL, Department of Telecom is working on modalities to merge the two state-run telecom companies and also unde...
- Government may extend MTNL's 'Navratna' status by a yearThe government may extend the 'Navratna' status of MTNL by a year in a bid to revive the struggling state-owned telecom firm.
- Ravi Shankar Prasad discusses BSNL, MTNL revival strategy with senior managementRavi Shankar Prasad today met the senior management of BSNL and MTNL to discuss the blueprint for reviving the loss-making PSU telecom comp...
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