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14 hours ago · The government will come to the rescue of cash-strapped Mahanagar Telephone Nigam Ltd (MTNL) and ensure that its bondholders are paid the interest guaranteed to them, officials at the department of telecommunications (DoT) said. The officials said that the government will deposit the necessary funds ...
2 days ago · The Indian government will pay the bond interest dues of MTNL before the July 20 deadline, ensuring no default. This comes after MTNL expressed inability to make payments due to financial woes.
2 days ago · MTNL's debt crisis prompts consideration of transferring operations to BSNL, rather than merging, for financial stability.
6 days ago · Government plans to restructure debt and transfer MTNL's operations to BSNL due to financial struggles. Staff may opt for VRS or be transferred. Lack of latest telecom tech has led to subscriber losses for both firms.
1 day ago · Mint Delhi. Govt will pay MTNL bond interest dues 2024-07-15 - PTI feedback@livemint.com NEW DELHI The government will pay the bond dues of ailing Mahanagar Telephone Nigam Ltd (MTNL), a DoT source said assuring that there will be no default, and that the amount will be paid before the due date of 20 July.
1 day ago · The government will help MTNL avoid a default by paying outstanding bond interest, while also working to restructure its debts, the Economic Times reported on Sunday.
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1 day ago · Mumbai: Indian credit rating agency India Ratings will monitor developments at Mahanagar Telephone Nigam Ltd (MTNL) as a government guarantee for a bond issue was invoked after the state-run ...
