Page 2 - Mtnl

Stocks to Watch: Zee Entertainment, IDFC, Titan, Godrej Consumer, MTNL, HAL

Shares of state-run telecom firm MTNL will be in focus as the the government has deferred the merger of BSNL and MTNL due to financial reasons.

Rs 23K-cr BSNL, MTNL assets to be monetised

In the first phase of monetisation, 11 assets of BSNL valued at Rs 18,200 crore, and six assets of MTNL worth Rs 5,158 crore have been approved for monetisation

Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs

PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.

Parl panel pitches for carving out MTNL's debt, assets worth Rs 26,500 cr

DoT should consider carving out MTNL's debt and assets worth over Rs 26,500 crore into a special purpose vehicle and then merge its operations with BSNL, according to a Parliamentary panel

Stocks to Watch: MTNL, Sun Pharma, Airlines, Adani Ports, Bharat Forge

MTNL is in focus as the Centre is considering relaxing some norms that led to the failure in attracting bids for assets of BSNL and MTNL as they look to restart the auction for their non-core assets.

Top headlines: US bans Russian crude import; India evacuates students

International rating agency Fitch Ratings has downgraded Russia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'C' from 'B'

Centre likely to relax some norms for asset sale of BSNL, MTNL

Government-appointed consultants were asked to determine changes that are needed to be made

Disconnected lines

Public sector telcos continue to lose ground

MTNL posts Rs 659 crore loss in December quarter

State-run telecom company MTNL on Monday reported widening of consolidated loss to Rs 659.28 crore in the third quarter ended December 2021. The company had posted a loss of Rs 637.78 crore in the same period a year ago. The consolidated revenue from operations of MTNL declined by about 16 per cent to Rs 303.56 crore during the reported quarter from Rs 360.49 crore in the December 2020 quarter.

These three stocks from BSE SmallCap index have zoomed over 100% in a month

Shares of Urja Global were locked in the upper circuit for the 15th straight day, up 5 per cent at Rs 18.66, quoting at an all-time high level on the BSE.

Telecom stocks rally as DoT announces planned 5G rollout in 13 cities

Voda Idea was the major gainer among the leading telecom stocks, up over 2 per cent; MTNL and TTML were locked at their respective upper limits

MTNL zooms 117% in December, trades at its highest level since June 2014

Till 10:21 am; a combined 4.9 million equity shares had changed hands and there were pending buy orders for 4.74 million shares on the NSE and BSE

This PSU telecom stock has zoomed 65% in three weeks, at 4-year high now

The stock of state-owned telecom services provider has rallied 17% to Rs 29.60 on the BSE in intra-day trade, was quoting at its highest level since January 2018

Salaries of BSNL, MTNL staff paid till November: MoS Communications

For BSNL and MTNL, stiff competition and absence of 4G services (except in a few locations for BSNL) are eroding their competitive strength, the minister said

After 11 years of struggle, MTNL headed higher; Vodafone may see 40% jump

The slew of developments in the telecom space over the past few weeks have brought back investors' interest in this sector. Most stocks should do well over the next few sessions, tech charts show

Non-core asset monetisation: Govt invites bids to sell 6 BSNL, MTNL assets

Non-core asset monetisation commences with the first set of six properties of BSNL/ MTNL bid out on the MSTC portal, tweets DIPAM Secretary

MTNL loss widens to Rs 654.56 crore in September quarter

State-owned telecom firm MTNL Friday reported widening of consolidated loss to Rs 654.56 crore in the September quarter, mainly due to decline in revenue from operations and increase in finance cost

Relief rally in telcos to continue; tech charts signal 25% upside in Vi

The BSE telecom index has touched a new all-time high on Thursday, suggesting positive sentiment over the next few sessions

BSNL union to hold demonstration against monetisation of telecom assets

BSNL's employees union on Thursday opposed the government's plan to monetise optical fibre laid under the BharatNet project as well as 14,917 mobile towers owned by it and sister concern MTNL

State-owned BSNL, MTNL narrow losses, reduce liabilities in 2020-21

State-owned telecom firms BSNL and MTNL have narrowed their losses and reduced liabilities in 2020-21, Parliament was informed on Thursday