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...
MTNL defaults on interest payment for sovereign guarantee-backed Rs 6,100 cr bondsDebt-ridden state-owned telecom operator MTNL has failed to make interest payments of sovereign guarantee-backed Rs 6,100 crore bonds as pe...
Tata Tele, MTNL shares zoom 12% as government weighs AGR dues waiverShares of Tata Teleservices and MTNL surged up to 12% amid reports that the government may announce partial AGR dues relief in the February...
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...
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 ...
SBI classifies MTNL loan a/c as sub-standard NPA; threatens legal actionState Bank of India classified MTNL's loan accounts as sub-standard non-performing assets due to non-payment since June 30. With a total ou...
‘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...
There will be no default on MTNL bond dues: Telecom Minister ScindiaThe Indian government has assured there will be no default on MTNL's bond dues as its operations transfer to BSNL. Telecom Minister Jyotira...
Govt mulls handing over MTNL operations to BSNL; merger unlikelyThe government is considering an agreement to transfer the operations of Mahanagar Telephone Nigam Ltd (MTNL) to Bharat Sanchar Nigam Ltd (...
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...
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...
Exempt telcos with under 15% market share from floor price norms: BSNL, MTNL to TraiIn their suggestions to Trai, the two public sector operators have acknowledged that the telecom industry is facing heat due to sudden and ...
Vendors mull insolvency action against BSNL, MTNL for pending payments"The total pending payment of BSNL and MTNL vendors is around Rs 20,000 crore. Banks have started putting pressure on vendors to clear thei...
MTNL raises Rs 800 cr claims from DoT, seeks reimbursement on past bond issue, rent duesThe Department of Telecom (DoT) is examining the claims that have been made by the state-owned corporation, sources said.
Legacy staff cost, tariff war, absence of 4G service plaguing MTNLTelecom Minister Manoj Sinha informed the Lok Sabha that the Department of Telecom has has received revival plan of MTNL
BSNL, MTNL revenue growth lesser than private telcos: Ravi Shankar PrasadBSNL revenue increased by 2.32 per cent in 2014-15 to Rs 28,645 crore whereas MTNL witnessed an increase of 0.90 per cent to Rs 3,821 crore...
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...