MTNL
MTNL Fined by NSE and BSE for SEBI Norm Violations
Summary:Mahanagar Telephone Nigam Limited (MTNL) has been fined Rs 6.73 lakh by both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) for failing to comply with SEBI’s LODR (Listing Obligations and Disclosure Requirements) regulations. The penalty was imposed due to gaps in board composition, including the absence of a woman director and non-compliance […]
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BSNL & MTNL are Back on the Road to Recovery, Says Scindia at Parliament Monsoon Session
In the first of its kind for the telecom sector of India, all the BSNL circles attended the 12-hour national review meeting led by Hon’ble MoC Jyotiraditya Scindia and Hon’ble MoSC Devusinh Chauhan. The meeting highlighted the government’s innovation, decentralization and field-wise progress. The discussion also promised proper strategies and boost BSNL’s transformation into a competitive, […]
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Government Speed Ups BSNL MTNL Monetization Process
Summary:The Government of India has introduced a new structure to rapidly track the asset demonetisation of BSNL, MTNL, and ITI Limited. This step allows direct purchase of surplus assets by government institutions at market price, aiming to raise money and adapt weakened resources. To raise capital and optimize the underholed infrastructure, the Government of India […]
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Govt to Hold High-Level Meeting on MTNL’s Future Amid Soaring Debt Crisis
Cabinet Secretary T.V. Somanathan is set to convene a crucial meeting next week with key stakeholders to chart the future course for the financially stressed state-run telecom firm Mahanagar Telephone Nigam Ltd (MTNL). The discussion will primarily focus on the company’s mounting loan defaults and a roadmap for financial recovery. MTNL has defaulted on loan […]
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BSNL and MTNL to be Preferred for Telecom Services, Says DoT
In a bid to strengthen data security, the Department of Telecommunications (DoT) has formally recommended that state governments prioritize using Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) for their telecom needs—covering internet, broadband, landlines, and leased lines. Rationale Behind the Push The advisory, sent in letters dated April 8 to chief secretaries, […]
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BSNL MTNL Asset Sale Earns Over Rs 10,000 Crore
One of the key strategies the government identified to support BSNL and MTNL asset monetization. Both state-run telecom operators had a mix of core and non-core assets that were not being fully utilized. As part of the 2019 relief package, the government directed these telcos to sell underutilized assets to raise funds. While the pace […]
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Cabinet Clears ₹6,000 Crore Boost for BSNL & MTNL’s 4G Expansion
The Union Cabinet has approved a ₹6,000 crore financial package to accelerate the 4G network expansion of BSNL and MTNL, according to a report. This funding will help both state-owned telecom companies strengthen and expand their network infrastructure. The allocated funds will be used to enhance 4G coverage across the country, ensuring better connectivity for […]
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MTNL Shares Price Surge 19% as Government Approves ₹16,000 Crore Asset Monetization
Shares of state-owned telecom provider Mahanagar Telephone Nigam Ltd (MTNL) surged 19.2% on Wednesday, closing at ₹56.8 on the Bombay Stock Exchange (BSE). The rally followed reports confirming government approval for the monetization of MTNL’s assets worth ₹16,000 crore, a move aimed at easing its heavy debt burden and supporting operational restructuring. According to […]
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PCPSPS Urges Comprehensive Revival Plan for BSNL and MTNL
The Peoples’ Commission on Public Sector and Services (PCPSPS) has expressed concern over the Central government’s “misguided” approach toward public sector telecom companies, BSNL and MTNL, accusing it of weakening them “financially, technically, and organizationally.” The commission, comprising renowned academics, jurists, former administrators, trade unionists, and social activists, has called for a comprehensive revival plan […]
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MTNL’s Financial Struggles Makes Investors Worry
MTNL is currently burdened by a significant debt load of ₹32,000 crore, which includes ₹8,000 crore in loans from major banks such as SBI, Punjab National Bank, Union Bank of India, Bank of India, Punjab & Sind Bank, and UCO Bank. The telecom operator has already defaulted on loan repayments amounting to ₹1,600 crore, reflecting […]
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