As of 30 June, the state-run telecom company's total debt stood at ₹34,484 crore. In Delhi, 14 out of MTNL's 41 land and building parcels remain vacant.
The ailing public sector telco recorded a net profit of Rs 262 crore in Q3 this year, the first time since 2007. A deeper look shows this is not due to material improvements.
Since 2019, govt has pumped Rs 3.22 lakh crore into MTNL & BSNL. Both remain in losses. MTNL has begun to default on loans & bond payments, possibly the first large PSU to become NPA.
The VRS scheme, which closed Tuesday, will pay employees between Rs 30 lakh & Rs 1 crore, depending on pay scale & designation. But workers are still concerned.
The Atal Bihari Vajpayee government’s disinvestment record has still not been matched by any government. UPA government’s record has been relatively pathetic.
Telecom Minister Ravi Shankar Prasad announced the merger and the revival package, which will include the 4G spectrum allocation and a voluntary retirement scheme.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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