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Mahanagar Telephone Nigam Limited

Indian telecommunication company

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Mahanagar Telephone Nigam Limited: Indian telecommunication company
Mahanagar Telephone Nigam Limited (MTNL) is a state-owned telecommunications service provider in the metro cities of Mumbai and New Delhi in India and in the island nation of Mauritius in Africa. The company had a monopoly in Mumbai and New Delhi until 1992, when the telecom sector was opened to other service providers. "Transparency makes us different" is the motto of the company. The Government of India currently holds 57% stock in the company with the rest being held by public and institutional investors. The company's shares are listed on Bombay Stock Exchange, Global depository receipts on London Stock Exchange and American depository receipts on New York Stock Exchange. As of January 2019, it has 6.71 million subscribers.

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Ravi Shankar Prasad asks BSNL/MTNL to start dialogue with staff on VRS

The Union Cabinet had last month approved a revival package for BSNL and MTNL which includes a voluntary retirement scheme (VRS) for their staff. The aim is to reduce the employee cost of the two..
IndiaTimes - Published

Amit Shah congratulates PM Modi for taking steps to revive BSNL, MTNL

"I congratulate PM @narendramodi Ji for taking unprecedented steps to revive BSNL & MTNL, also to make them more competitive. Funding of over Rs 20,000 crore through capital infusion will be made and..
IndiaTimes - Published

Merge, mismanage, show mega losses, sell cheap to crony capitalists: Rahul Gandhi on BSNL-MTNL merger

Congress leader Rahul Gandhi on Wednesday attacked the BJP government over the merger of BSNL and MTNL, saying it follows the process of "merge, mismanage, show mega losses and sell cheap to crony..
IndiaTimes - Published

Increase in MSP, merger of MTNL with BSNL among major decisions of cabinet

The Union Cabinet on Wednesday took five major decisions including ownership rights to 40 lakh people living in unauthorised colonies in Delhi, reform in petroleum sector, cadre review of ITBP..
IndiaTimes - Published

BSNL, MTNL to be merged; Cabinet will provide Rs 14,000 crore for revival

The fund will be used to provide for schemes like a Voluntary Retirement Scheme (VRS) for the employees, as well as for allocating 4G spectrums and monetizing assets.
DNA - Published

Cabinet to provide Rs 14,000 crore financial backing for BSNL, MTNL revival

The fund will be used to provide for schemes like a Voluntary Retirement Scheme (VRS) for the employees, as well as for allocating 4G spectrums and monetizing assets.
DNA - Published

Govt's 'crony capitalism' causing economic crisis: Sitaram Yechury

CPM general secretary Sitaram Yechury has alleged the country is facing an "unprecedented economic crisis" because of demonetisation, GST and crony capitalism of the BJP-led NDA govt. He said the BJP..
IndiaTimes - Published

BSNL pays August salaries to staff: CMD

State-owned distressed telecom firms Mahanagar Telephone Nigam Ltd (MTNL) and BSNL have been incurring losses and have been facing problems in clearing staff salaries in the recent past. The Department..
IndiaTimes - Published

BSNL, MTNL reeling under Wi-Fi burden of MPs

State-owned telecom companies are incurring losses in providing high-speed Wi-Fi connections to members of Parliament, Union minister for communications and electronics and information technology Ravi..
IndiaTimes - Published

Mumbai: MTNL staff neglected fire drill

Sources claim that only around 30 staffers attended firefighting training organised in February
DNA - Published

Mumbai: A robot and 70 brave firemen rescue hundreds in MTNL fire

It was found that the fire broke out on the second floor due to a short circuit in the air conditioner
DNA - Published

Mumbai: 86 saved from terrace of burning high-rise

In one of the largest rescue operations in recent times, the Mumbai fire brigade brought down 86 people stranded on the terrace of the nine-storey MTNL telephone exchange off S V Road in Bandra (W)..
IndiaTimes - Published

Mumbai MTNL building fire: Firefighters use newly inducted 'RoboFire' to douse flames

The fire had broken out on Monday afternoon in multi-story MTNL exchange building situated in Bandra.
DNA - Published

Merger, land sale, VRS: Govt to consider options to revive ailing BSNL, MTNL

Liquidation of vast land holdings could play a key role.
DNA - Published

Take measures to revive firm, reward performers: BSNL engineers write to PM Modi

Both state-run telecom firms BSNL and MTNL have been reporting losses since the time they were asked to pay auction determined spectrum price in 2010 for all the circles where they operate.
DNA - Published

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