Friday, March 14, 2025 | 07:27 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

MTNL shares gains on 4G spectrum refund

Image

Reuters

Reuters Market Eye - State-run Mahanagar Telephone Nigam gains 2.6 percent after federal cabinet allowed the company to return its 4G radio spectrum and get refunds totalling 45.34 billion rupees, in a move to help the money-losing company.

The government will refund MTNL in a staggered manner, Information and Broadcasting Minister Manish Tewari told reporters on Thursday after a meeting of the cabinet.

(Reporting by Dipika Lalwani)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 10 2014 | 10:59 AM IST

Explore News