MTNL shares surge after merger announcement with BSNL

Shares of government-owned Mahanagar Telephone Nigam Ltd (MTNL) on Thursday surged by 4.92 per cent to Rs 6.19 apiece on the BSE after the

Massive fire breaks out at Mumbai’s MTNL building, 100 feared trapped

A level 4 fire broke out in MTNL Building in Mumbai’s Bandra area today. 14 fire tenders rushed to the spot to douse the flames. Approximately 100 people are reportedly trapped on the terrace of the building.

Bailing BSNL,MTNL out to set India back by Rs 74,000 crore

Centre is considering a Rs 74,000-crore bailout plan for one of the country’s biggest loss-making PSUs BSNL and MTNL.

MTNL approaching its end – audit report

Auditor’s report cast doubt on MTNL to continue as a going concern. Company’s liabilities far exceed its net assets.