New Delhi: The government on Wednesday refuses the merger between BSNL and MTNL in the parliament. Now there will be no merger of these two telecom public sector units. The deferred has been happened due to financial reasons, including the high debt of MTNL, the government said.  “Due to financial reasons, including high debt of MTNL, the merger of MTNL with BSNL is deferred,” Telecom Minister Ravi Shankar Prasad said in a written reply to Lok Sabha. However, close

New Delhi: Justice S.J. Mukhopadhyaya, Hon’ble Chairperson, NCLAT, recently inaugurated new office of NCLAT at MTNL Building, CGO Complex. Interior work of the office space comprising 2nd & 3rd Floor has been executed by NSL, subsidiary of NBCC, in a span of 3 months. Event was graced by members of NCLAT, S/Sh Injeti Srinivas, Secy., Min. of Corporate Affairs; Anoop K. Mendiratta, Law Secy., Deptt. of Legal Affairs; Justice Ajay K. Tripathi, Judicial Memb. of Lokpal; NK Shah, ChairmanNSL &

NEW DELHI . The Union Cabinet today approved merger of loss-making telecom firms BSNL and MTNL as part of a revival package that includes raising sovereign bonds, monetising assets and voluntary retirement scheme (VRS) for employees. The revival package for BSNL and MTNL includes raising of ?15,000 crore sovereign bonds and monetising ?38,000 crore of assets in next four years.   BSNL has 1.76 lakh employees across India while MTNL has around 22,000 employees. The employee cost of BS

New Delhi: Telecom PSU, MTNL on Thursday said its Director Shri Sunil Kumar has been given additional charge of chairman and managing director of the company.   Shri Kumar is currently Director (Human Resources and Enterprise Business) at MTNL and takes over from P K Purwar who was recently appointed chairman and managing Director of BSNL.    'Govt has entrusted the additional charge of the post of CMD, MTNL, to Sunil Kumar, Director (HR&EB) with effect from July 24, 20

NEW DELHI. Govt of India has appointed Shri P K Purwar, Director (Finance), MTNL, as CMD , Mahanagar Telephone Nigam Limited (MTNL).

NEW DELHI . MTNL has been hit hard by debt and it is borrowing money to meet its day-to-day requirements, Union Minister Manoj Sinha said on Friday.    "Mahanagar Telephone Nigam Limited (MTNL) is borrowing money to meet its day-to-day requirement," Sinha said in a written reply to the Rajya Sabha.    Total debt on MTNL reached Rs 19,418.23 crore at the end of December 31, 2016, from Rs 11,542.3 crore in 2012-13, according to the data shared by th

NEW DELHI . The Appointments Committee of the Cabinet has approved the proposal of… department of telecommunication for the extension of entrustment of additional charge of the post of CMD of Mahanagar Telecom Nigam Ltd (MTNL) to Shri PK Purwar, MTNL’s director (finance) for a further period of six months with effect from September 8, 2016 or until further order.

NEW DELHI. Govt has appointed Shri P K Purwar, Director (Finance), MTNL,as CMD , MTNL . Shri Purwar has taken over as CMD Mahanagar Telephone Nigam Limited (MTNL). Earlier.

NEW DELHI. Govt has appointed Shashi Ranjan Kumar as Govt Nominee  Director on the Board of Directors of the Mahanagar Telephone Nigam  Limited has  company.    Shri Rakesh Nangia has been appointed as Independent Director of  Mahanagar Telephone Nigam Limited

  NEW DELHI . Punjab National Bank, BSNL and MTNL inked MoU for for providing connectivity to branches, ATMS and service outlets of the Bank.  ShriGauri Shankar, Managing Director and CEO Punjab National Bank and Sh. Anupam Srivastava, CMD BSNL exchanged MOU documents recently at  New Delhi in the presence Sr. Executives of MTNL and BSNL.