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GOVERNMENT SUPPORT MTNL
MTNL liabilities jump to ₹40,000 crore in FY26, but firm remains Ebitda positive: Jyotiraditya ScindiaMahanagar Telephone Nigam Ltd's liabilities will reach ₹40,000 crore by 2025-26. The company holds non-core assets valued at approximately ...- MTNL liabilities reach Rs 40,000 cr in FY26; no restructuring plan in work: Jyotiraditya ScindiaMTNL's liabilities have reached approximately forty thousand crore rupees by fiscal year 2025-26. Government measures have helped MTNL beco...
- BSNL, MTNL sign pact for synergy of operations"The MoU with BSNL will pave the way for synergy of operations between MTNL and BSNL in order to provide pan India telecom services as a pu...
- Government appoints DoT's Mahmood Ahmed on MTNL board as directorThe Central government has appointed Mahmood Ahmed, Deputy Director General of the Licensing Finance Assessment (LFA), Department of Teleco...
- BSNL, MTNL staff unions, associations meet Prasad; pledge support to government's relief planSources privy to the development said that the minister also met the employee unions and officer associations on Monday and that they assur...
- 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...
- DoT asks state governments not to disconnect BSNL, MTNL electricity connectionsBSNL has already cleared 90 per cent of its power dues and is expected to clear the rest in the next 15-20 days.
- No proposal to merge BSNL, MTNL: Manoj Sinha"At present, there is no proposal for merger of BSNL and MTNL," Sinha said in the Lok Sabha on revival of both the PSUs.
- 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...
- BSNL debt liability at Rs 7,666 crore, MTNL's at Rs 13,529.62 croreTelecom Minister Ravi Shankar Prasad in a written reply to Lok Sabha said that BSNL's debt is mainly due to its capital expenditure require...
- Budget 2016: Government allocates Rs 18,413 crore to Department of TelecomMTNL surrendered 5 Mhz of CDMA spectrum that was put up for auction in Delhi and Mumbai and BSNL in around 8-10 telecom service area.
- Govt allocates Rs 18,413 crore to Department of TelecomGovernment has allocated Rs 18,413.87 crore to the Department of Telecom to take up projects like network for defence spectrum and for refu...
- 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.
- No plan to shut down MTNL: Ravi Shankar PrasadThe list of sick PSUs include MTNL, Air India and Hindustan Shipyard. The five PSUs to be closed down include three HMT units, Geete had sa...
- Ravi Shankar Prasad likely to give incentives to BSNL, MTNL on Dec 25Lok Sabha that government is in process of revival of BSNL and MTNL through various short term, medium term and long term measures.
- BSNL, MTNL losses at Rs 3,785 crore & Rs 1,567 crore: GovernmentThe losses are on account of decline in revenue and increase in expenditure, Ravi Shankar Prasad said in a written reply to the Lok Sabha.
- Government to further deliberate on tax demand against MTNLMTNL has already made this payment of MAT, amounting to Rs 492 cr, & sought relief from govt, which holds 56.25% stake in this publicly lis...
- MTNL to get financial assistance to meet MAT liabilityThe govt approved a DoT proposal for providing one-time financial support to MTNL for meeting liabilities arising from levy of minimum alte...
- 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 ...
- MTNL invites global bids for WiMax forayState-owned telco MTNL invited bids from global players to set up and run its WiMax operations in Delhi and Mumbai on a franchisee basis fo...
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