SBI classifies MTNL loan accounts as sub-standard NPA: Report
Mumbai: State Bank of India has classified the loan accounts of debt-laden state-owned MTNL as sub-standard non-performing assets due to missed payments of instalments and interest since June 30, according to a regulatory filing by the telecom firm, media reports said.
Govt to cover MTNL's bond payments amid liquidity crisis: Report
New Delhi: The government will handle all future bond payments for Mahanagar Telephone Nigam Ltd. (MTNL) as the state-owned company deals with a liquidity crisis, according to a Bloomberg report.
DoT identifies 600 land parcels and buildings of BSNL, MTNL for direct sale to govt depts
New Delhi: The Department of Telecommunications (DoT) has identified around 600 land parcels and buildings owned by Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) for direct sale to government departments, public sector undertakings, and government organisations, media reported.
Govt has no plans to privatise MTNL: Minister Devusinh Chauhan
New Delhi: The government has no plans to privatize Mahanagar Telephone Nigam Ltd (MTNL), Minister of State for Communications Devusinh Chauhan has said, putting an end to speculations that the loss-making telecom company would be up for sale.
Monetisation of non-core assets: 6 BSNL,MTNL assets put up for bidding
New Delhi/IBNS: Six properties of state-owned telecom carriers Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have been put up for bidding on the MSTC portal.
BSNL once again back on track of profitability: Indian govt
New Delhi: The Indian government on Monday said state-owned telecom company Bharat Sanchar Nigam Ltd (BSNL) is once again back on the track of profitability.
BSNL, MTNL to be merged, Cabinet approves revival plan
Mumbai: The Indian Cabinet has approved the revival plan for two ailing telecom companies Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).