Bsnl And Mtnl Merger

MTNL zooms 9% as govt defers merger with BSNL; stock up 26% so far in April

The merger of BSNL and MTNL, approved by the Union cabinet in October 2019, was a part of the revival package for both the telecom companies

Top headlines: Security clearance policy for PSU privatisation, and more

The government is set to amend its security clearance policy for investors participating in privatisation or strategic divestment in PSUs. Read today's top news with Business Standard

BSNL seeks PM's help in preventing rivals from scuttling firm's revival

The Rs 8,000 crore eligibility criteria is in line with CVC guidelines which say that vendors should have strong financials. The turnover of almost all the firms under TEPC is less than Rs 1,000 cr

Govt disburses first tranche of BSNL, MTNL employees' VRS package

An official said, "All dues and pending salaries of BSNL and MTNL staff have been paid and the first tranche of the VRS package worth Rs 5,000 crore has been released."

FM-led group okays monetisation of BSNL, MTNL assets worth Rs 26,000 cr

In October, the Union government approved a Rs 69,000 crore revival package for BSNL and MTNL

Inter-ministerial group begins process for sale of BSNL's realty assets

It has set up of an inter-ministerial group that would shortlist and prioritise sale of real estate assets of the cash-strapped company

Paying salaries to BSNL employees govt's priority: Govt tells Rajya Sabha

Pension may be revised if the said basic pay is revised on account of pay revision of serving employees

92,000 BSNL, MTNL employees opted for VRS scheme, says Ravi Shankar Prasad

Both companies are strategic assets and the government would make them more professional and profitable, he emphasised.

Even BSNL and MTNL acted the same way as us on licence fee: Bharti Airtel

Telco says BSNL and MTNL, which are arms of DoT, also paid licence fee on the same basis

Sale of Rs 37,500 crore worth of BSNL, MTNL assets hits ownership hurdle

Sources said there was a one-month lag in salary payments of BSNL employees and two months for MTNL staff

BSNL, MTNL vendors mull insolvency action against telcos over pending dues

The pending payments are against the supply of telecom gear and other goods to BSNL and MTNL

Employee unions of BSNL, MTNL meet Prasad, back govt's relief plan

The two firms will monetise assets worth Rs 37,500 crore in the next three years

Letter to BS: BSNL, MTNL merger will prove to be important in the long-term

The entire exercise for installing a model commercial entity, with many differing components of finance, HR, marketing would need a lead minister and a capable team to shape a progressive company

Podcast: Cabinet's Diwali bonanza for PSU telcos, fuel retailers, others

Here's a quick look at key decisions taken by the Union Cabinet

Too little, too late? Merger unlikely to revive BSNL and MTNL, say analysts

Proposed measure might create some competition for private players and contain state-owned telcos' operational costs

MTNL, BSNL won't be shut, revival plan under preparation: Minister Prasad

Both state-run firms are facing major financial stress due to stiff competiton and high employee costs

Parliamentary panel favours BSNL, MTNL merger to give them fighting chance

One of options entailed MTNL focusing on turnaround with support from the govt and shareholders and seeking opportunities "to sell and divest select business assets"