Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session lower. Nifty 50 closed at 22,929.25, while Sensex ended at 75,939.21. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,348.1 points below its record high of 26,277.35. The Indian equity […]
MTNL Q3 Results: Net loss narrows, EBIDTA and revenue declines – CNBC TV18
State-owned telecom operator Mahanagar Telephone Nigam Ltd (MTNL) reported a net loss of ₹836 crore for the third quarter of FY25, compared to a loss of ₹839 crore in the same period last year. The company’s revenue from operations declined 11.6% year-on-year to ₹170 crore, down from ₹192.2 crore in Q3 FY24, reflecting ongoing challenges […]
Cabinet approves ₹6,000 crore package for BSNL and MTNL 4G expansion – CNBC TV18
The Union Cabinet has approved a financial package of approximately ₹6,000 crore to accelerate the 4G network expansion of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL), according to a report by CNBC Awaaz. Company Value Change %Change This funding is expected to support both state-owned telecom companies in strengthening and expanding […]
Sensex Today | Stock Market LIVE Updates: Nifty looks to arrest three-day slide, prevent weekly loss
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. NIfty 50 closed at 24,749.85, while Sensex ended at 81,006.61. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 1,527.5 away from its recent record high of 26,277.35. […]
MTNL’s financial troubles deepen: Punjab and Sind Bank classifies account as non-performing asset – CNBC TV18
Mahanagar Telephone Nigam Ltd (MTNL) is facing financial challenges as Punjab and Sind Bank (PSB) on Thursday (October 17) has classified its account as a non-performing asset (NPA), effective October 8, 2024. This classification comes as a part of a broader trend, with several banks already having labelled MTNL’s debt as non-performing, indicating severe liquidity […]
Sensex Today | Stock Market LIVE Updates: Nifty bulls aim for respite at lower levels; Global cues positive
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 ended at 25,014.60, while Sensex ended at 81,688.45. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 1,262.75 points below its recent record high of 26,277.35. […]
SBI classifies MTNL as non-performaning account after repayment default – CNBC TV18
State-run telecom company Mahanagar Telephone Nigam Ltd. (MTNL) has defaulted on a loan payment to the State Bank of India (SBI), prompting the bank to classify the account as a Non-Performing Asset (NPA). In a letter to MTNL, disclosed in an exchange filing by the telecom company, SBI stated that the loan instalment and interest […]
NBCC and MTNL collaborate for real estate project in New Delhi – CNBC TV18
NBCC (India) Limited and Mahanagar Telephone Nigam Limited (MTNL) have signed a memorandum of understanding (MoU) to jointly develop a 13.88-acre land parcel on Pankha Road, New Delhi. The project, valued at around ₹1,600 crore, will convert the site into residential and commercial space. “This project aims to transform the land into a state of […]
MTNL declares Q1 results; board approves 10-year service pact with BSNL – CNBC TV18
The MTNL board has approved a service agreement with BSNL for ten years, and several other proposals that also include the sale of shares in the overseas subsidiary Mahanagar Telephone (Mauritius). During its meeting, the board also approved the sale of MTNL shares in MTNL STPI IT Services Ltd or MSITS, according to a regulatory […]