Page 10 - Mtnl

Prasad directs BSNL, MTNL to proceed fast on VRS, asset monetisation plans

The minister who met the boards of BSNL, MTNL categorically told the cos that they have been given a strong incentive package by the govt and must roll up their sleeves now to become more competitive

Don't bet on BSNL, MTNL's revival

The four-point turnaround plan for the public sector telcos is a set of necessary steps but is far from sufficient

BSNL, MTNL to spend Rs 11,000 cr to build infrastructure for 4G services

The government, on Wednesday, announced a relief package for the two beleaguered companies

Letter to BS: BSNL, MTNL merger will prove to be important in the long-term

The entire exercise for installing a model commercial entity, with many differing components of finance, HR, marketing would need a lead minister and a capable team to shape a progressive company

MTNL jumps 5% as Cabinet approves merger with BSNL

Briefing the media after the decision, Telecom Minister Ravi Shankar Prasad categorically said the government was neither closing down, nor divesting its stake in, BSNL and MTNL.

Govt approves BSNL-MTNL merger, clears Rs 70,000-crore relief package

The relief package includes a sovereign bond issue worth Rs 15,000 crore

Too little, too late? Merger unlikely to revive BSNL and MTNL, say analysts

Proposed measure might create some competition for private players and contain state-owned telcos' operational costs

Another 'revival plan'

BSNL and MTNL should be privatised

BSNL-MTNL merger gets nod, firms can raise Rs 15k cr via sovereign bonds

The revival package includes raising of Rs 15,000 crore sovereign bonds and monetising Rs 38,000 crore of assets in next four years

Top headlines: BSNL, MTNL to merge, Infosys controversy so far and more

Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint

DoT seeks relief for BSNL, MTNL once again, but with fewer demands

Dept has apparently sought funds for VRS schemes of the two firms and allotment of 4G spectrum, proposes to raise finances via asset monetisation

Top 10 biz headlines: BPCL privatisation, IRCTC market debut, and more

From government planning to privatise BPCL to IRCTC making stock market debut, here are the top 10 business headlines on Monday

DoT studying security threat of loss-making BSNL-MTNL privatisation

Seeing how US, UK, who have only pvt services, cope with security issue: Official

The best of BSNL & MTNL

Given their infrastructure assets, privatise the telecom PSUs

Govt unlikely to take DIPAM route for cash-strapped BSNL asset sale

The fastest way to revive telco is by way of asset monetization

MTNL raises Rs 800 crore claims from DoT, reimbursement on rent dues

The telecom corporation has also sought clearance of rent-related dues for DoT offices located at MTNL premises

Staff salaries due for 2 months, trying to fix issue soon: MTNL CMD

Asked how the ailing state-owned entity intends to meet its salary obligations, he said MTNL is looking to pay it from accumulated revenue

Centre working on a fresh bailout package for cash-strapped BSNL

BSNL and MTNL had both sought relief from the government in the form of conversion of debt into a sovereign guarantee, a pay revision and a subsequent voluntary retirement scheme

Falling share prices likely to hit Centre's disinvestment target

Investment bankers said the falling share price of PSUs would mean that the government would not only miss the disinvestment target but also not get good valuation

From definition of employee to judges missing the point: Key court orders

It could be unsettling for litigants to know that some judges dismiss appeals after finding no substantial questions of law, whereas others see half a dozen legal issues