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Bsnl-mtnl Merger

Govt to try merging BSNL & MTNL again, appoints Deloitte as advisor: Report

Given the complexity involved in the merger, it will take about two years to complete the whole process

Govt to try merging BSNL & MTNL again, appoints Deloitte as advisor: Report
Updated On : 15 Feb 2023 | 11:57 AM IST

Rs 1.64-trn revival package for BSNL comes too late in the day: Analysts

The government should have merged BSNL and MTNL, and then looked at such a move, says an analyst

Rs 1.64-trn revival package for BSNL comes too late in the day: Analysts
Updated On : 28 Jul 2022 | 12:18 AM IST

Government defers proposal to merge BSNL, MTNL due to financial reasons

The government has deferred the merger of state-run telecom firms BSNL and MTNL due to financial reasons, Parliament was informed on Wednesday

Government defers proposal to merge BSNL, MTNL due to financial reasons
Updated On : 06 Apr 2022 | 11:27 PM IST

Drop propsal to merge BSNL with MTNL, employees union urges PM Modi

BSNL Employees Union on Wednesday appealed to PM Modi to "drop proposal to merge MTNL with BSNL"

Drop propsal to merge BSNL with MTNL, employees union urges PM Modi
Updated On : 24 Mar 2022 | 7:43 AM IST

Disconnected lines

Public sector telcos continue to lose ground

Disconnected lines
Updated On : 08 Mar 2022 | 11:31 PM IST

DoT, Dipam lock horns over real estate asset valuation of BSNL-MTNL

It is learnt that the valuation done by the two companies is much higher than the one arrived at by the transaction advisors

DoT, Dipam lock horns over real estate asset valuation of BSNL-MTNL
Updated On : 29 Jan 2021 | 6:10 AM IST

Top headlines: BSNL-MTNL merger shelved, India Inc's big boys get bigger

Multinational companies operating in India and big domestic firms are grappling with an emerging challenge: How to deal with employees who refuse to take the Covid vaccine. Read top stories here

Top headlines: BSNL-MTNL merger shelved, India Inc's big boys get bigger
Updated On : 25 Jan 2021 | 10:23 AM IST

BSNL-MTNL merger shelved as GoM says not feasible; Cabinet to meet soon

Move to merge may erode BSNL value, say officials

BSNL-MTNL merger shelved as GoM says not feasible; Cabinet to meet soon
Updated On : 25 Jan 2021 | 6:10 AM IST

MTNL may become BSNL's virtual network operator; DoT seeks nod from DCC

Services likely to be offered in Mumbai, New Delhi initially

MTNL may become BSNL's virtual network operator; DoT seeks nod from DCC
Updated On : 12 Oct 2020 | 6:10 AM IST

BSNL, MTNL clinch Rs 15,000-cr sovereign guarantee; DEA sets stiff riders

For BSNL to be eligible for guarantee of Rs 8,500 crore, and MTNL to be eligible for guarantee of Rs 6,500 crore, the state-run telcos will have to pay a 1 per cent fee each.

BSNL, MTNL clinch Rs 15,000-cr sovereign guarantee; DEA sets stiff riders
Updated On : 10 Jul 2020 | 1:51 AM IST

Top headlines: Kirana shops beat online giants, milk demand down, and more

From New India Assurance to insure health workers, Centre disbursing first VRS package for BSNL, MTNL staff to challenges of e-commerce firms, Business Standard brings you top headlines of the day

Top headlines: Kirana shops beat online giants, milk demand down, and more
Updated On : 31 Mar 2020 | 8:15 AM IST

BSNL, MTNL employees taking VRS need to wait till April for dues

This is because the Union Budget does not have provision for any expenditure towards the programme in the current fiscal year

BSNL, MTNL employees taking VRS need to wait till April for dues
Updated On : 03 Feb 2020 | 2:39 AM IST

After completion of VRS scheme, a leaner BSNL begins process to roll-out 4G

On October 25, the Centre approved a Rs 69,000 crore revival package for BSNL and MTNL

After completion of VRS scheme, a leaner BSNL begins process to roll-out 4G
Updated On : 06 Jan 2020 | 9:42 PM IST

MTNL starts process to monetise assets worth Rs 23,000 cr through DIPAM

The company has received interest from 14,387 employees for the voluntary retirement scheme which Kumar expects will result in annual savings of Rs 1,700 crore for MTNL

MTNL starts process to monetise assets worth Rs 23,000 cr through DIPAM
Updated On : 02 Jan 2020 | 10:34 PM IST

BSNL cleared Rs 1,700 cr in dues to vendors; paid November salaries: CMD

Overall, the outstanding to creditors is Rs 10,000 crore, CMD P K Purwar added

BSNL cleared Rs 1,700 cr in dues to vendors; paid November salaries: CMD
Updated On : 30 Dec 2019 | 3:55 PM IST

BSNL aims to save Rs 1,300 cr in FY20 after VRS becomes effective: CMD

On merger with MTNL, Purwar said discussions have started and boards of both the companies have met on a common platform

BSNL aims to save Rs 1,300 cr in FY20 after VRS becomes effective: CMD
Updated On : 17 Dec 2019 | 5:02 PM IST

MTNL seeks shareholders' nod to raise funds, monetise land and holdings

The government recently approved a Rs 69,000-crore revival package for BSNL and MTNL that includes merging the two loss-making firms

MTNL seeks shareholders' nod to raise funds, monetise land and holdings
Updated On : 11 Dec 2019 | 10:20 PM IST

Rescuing India's PSU behemoths coming at the cost of fiscal restraint

Modi has received more than $28 billion from state firms since he came to power in 2014, by extracting dividends or getting PSUs to buy out the government's stake

Rescuing India's PSU behemoths coming at the cost of fiscal restraint
Updated On : 04 Dec 2019 | 8:02 PM IST

BSNL-MTNL merger to be completed in 18-24 months, says Ravi Shankar Prasad

While in the case of MTNL, 13,532 employees have opted for the VRS scheme so far

BSNL-MTNL merger to be completed in 18-24 months, says Ravi Shankar Prasad
Updated On : 20 Nov 2019 | 7:43 PM IST

After BSNL, MTNL's VRS gets strong response, 13,500 staffers opt for scheme

MTNL has reported losses in nine of the past 10 years

After BSNL, MTNL's VRS gets strong response, 13,500 staffers opt for scheme
Updated On : 20 Nov 2019 | 3:59 PM IST