Day: October 3, 2026

Informative

MTNL Board Clears Transfer of Powai Property to Income Tax Department for ₹891.53 Crore

October 3, 2026
MTNL
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Summary: MTNL has approved the sale of its 20,895.60-square-metre property in Powai, Mumbai, to the Income Tax Department for ₹891.53 crore through a G2G transfer or direct sale, subject to the required approvals. The transaction is part of the state-owned telecom operator’s efforts to monetise non-core assets and address its financial obligations. BSNL has been […]