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MTNL AND BSNL MERGER? DREAM ON…..

about 10 years ago

For a layman (includes woman too!) be it Mahanagar Telephone Nigam Ltd (MTNL) or Bharat Sanchar Nigam Limited (BSNL), it is all one and same. What comes to mind is that be it MTNL or BSNL, both are Government run companies and they provide telecom services. Those living in Maharashtra

MTNL rings a tune

about 5 years ago

Following this news, the stock price of MTNL rose to an intraday high at Rs.20.40 from its previous close of Rs.18.85. Volumes are up over 3 times.

MTNL rings same old tune

about 10 years ago

MTNL is in the green today though the reason remains the same old – merger with BSNL. This talk has been going on for so long that one had stopped taking this news seriously

MTNL rings loud and clear

about 12 years ago

MTNL is ringing loud and clear today morning, with the stock opening higher and then hitting an intra day high at Rs.32.65 and it is now up almost 5%, with volumes up 2.2 times. The stock is reacting to the news that the much talked and discussed about merger between MTNL and BSNL might fina ...

MTNL rings loud

about 13 years ago

MTNL is ringing loud and clear, up over 6% at Rs.15.55, with an intra day high and low at Rs.15.88 and Rs.15.25 respectively. Its 52-week high is at Rs. 24.95. The stock is up on news that the Group of Ministers (GoM) are expected to meet today to unlock value of properties held by MTNL and ...

MTNL buzzing on tax refund

about 13 years ago

Over the past three days, MTNL has been showing an unusual spike up its volumes. Today volumes are currently up over 2.2 times and the stock after hitting an intra day high at Rs.18.33 is now at Rs.17.55, up 1%. The stock is buzzing after the Cabinet yesterday granted the company relief in t ...

MTNL rings loud

about 13 years ago

MTNL is ringing loud today morning. The stock, which had closed at Rs.15.35, opened at Rs.15.75 and is currently up almost 4.5% at Rs.16 levels. Volumes are high at 15 lakh shares. The PSU telecom company has zoomed up after the Group of Ministers (GoM), headed by Finance Minister P. Chidamb ...

MTNL up 18%

about 2 years ago

The stock is the top gainer on the BSE since the opening bell, rising 18% to an intraday high at Rs.51.30, very close to its 20% UC of the day at Rs.52.

MTNL ringtone reverberates

about 5 years ago

The stock, which had closed yesterday at Rs.26.15, opened higher today at Rs.27.50 and went up to an intraday high at Rs.30.50, not far from its 20% UC

MTNL ringing loud

about 6 years ago

From its close of Rs.13.98 yesterday, it opened higher at Rs.14.75 and went on to hit a new high at Rs.15.72

MTNL jumps on IT refund

about 10 years ago

MTNL informed the BSE on Friday that it has received Income Tax refund for the Assessment Year 2000-01 amounting to Rs. 112.95 Crores which includes Rs. 52.35 Crores towards interest on Refund. This means we will see a major jump in its bottomline in current Q1, if this refund is added in during ...

MTNL locked on upper circuit

about 13 years ago

MTNL is locked on the 10% upper circuit at Rs.15.32, with over 4 lakh pending buy orders on the counter. Just over a month ago, the company had hit a new 52-week low at Rs.9.71. The stock hit the roof on reports that MTNL is likely to sign a pact with PSU, BNNL today, which will allow ...

MTNL zooms up on tax refund

about 12 years ago

MTNL is a big gainer on the bourses today, up 8% at Rs.21.65 with an intra day high at Rs.22.65. Volumes are up over two times. The company informed the exchanges today that it has received Income Tax Refund for the Assessment Year 2006-07 amounting to Rs.129.82 crore. including Rs.21.18 cro ...

MTNL rings loud

about 14 years ago

MTNL had hit a new 52-week low yesterday at Rs.18.75 and today, it opened at Rs.19.40 and went on to an intra day high at Rs.19.65. Currently the stock is up almost 1.5% at Rs.19.10. The stock is up after the company announced that its Board is meeting on 25th March to consider the proposal ...

MTNL ringtone reverberates

about 4 years ago

The stock is currently the top gainer on the BSE; with volumes over 5x, the stock price rose 11% to an intraday high at Rs.26.45, not very far from its 20% UC of Rs.28.60.

DAYS OF DEFAULT ON THE HORIZON?

about 10 years ago

These two are not the only ones with such huge debts. Probably, the biggest one of them all is Jaiprakash Associates, with Rs.68,000 crore of debt. And then there are the usual suspects – Lanco Infra with almost Rs.45,000 crore, GVK Power with some Rs.27,000 crore, Bhushan Steel at over Rs.43,000 crore, IL&FS Engineering at around Rs.27,000 crore, MTNL has debt of almost Rs.20,000 crore

VODAFONE - THIS NUMBER DOES NOT EXIST?

about 7 years ago

Will the Govt get reasonable or will Airtel become the biggest gainer? Looks like we will indeed be left with two players only – Jio and Airtel; BSNL and MTNL themselves are on their death bed.

GOVT NEEDS TO GET OUT, ASAP!

about 7 years ago

Why does the Govt need to be in most of the sectors that it is in – Air India, BSNL, MTNL and to put it really drastically, why so many PSU banks at all? Why not just SBI? If govt is deciding to disinvest in loss making or profitless institutions or operationally unviable enterprises, why not bring loss making banks

PSU’s – NURTURING SPOILT BRATS!

about 7 years ago

If the PSUs want to compete with the private sector, why not a level playing field? Why this “teacher’s pet” attitude? The Govt stating that it will be putting more good money to chase bad money in BSNL and MTNL is truly frustrating. Why does the Govt need a presence in these companies?

SELL THE SILVER – IT WILL BRING GOLD

about 6 years ago

This and much more is what we hear following the Govt’s decision in this Budget to monetise assets, privatise banks and get out of PSUs where the Govt is not required to be. These PSUs were created at a time when India, after Freedom, needed that complete support of the Govt. That was the aim of the PSUs. Do we need them now?

VODAFONE – “THIS NUMBER NO LONGER EXISTS?”

about 7 years ago

While the entire nation is divided over the alleged “encounter” killing of the four rape accused in Hyderabad, there is another disturbing news ( we seem to be having of this lately) – Kumara Mangalam Birla threatening to stop Vodafone Idea business if Govt does not provide it with any relief.

LIGHTS DIM OUT FOR TELCO's

about 7 years ago

The thing which overshadowed everything else today was the Supreme Court (SC) ruling on the telecom companies. The SC upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the Department of Telecommunications (DoT) and further telcos will now have to pay not only the original charges,

BSNL BAILOUT - NO WASTE OF MONEY THIS!

about 8 years ago

There is a lot of brouhaha over the Govt looking at the option of bailing out telecom PSU, Bharat Sanchar Nigam Ltd (BSNL). The Govt is mulling giving BSNL Rs.13,000 crore as salaries have not been paid for past two months.

COAL INDIA’S LONE KURSI TO GET CROWDED

about 9 years ago

Whew! Finally it has happened. Coal India has lost its monopoly but hoping that it would get out of stupor is being naïve; almost like hoping that politicians will be corruption free!! Today, the Cabinet Committee of Economic Affairs gave its nod for commercial coal mining for not just Indian but even foreign companies.

THE STORY OF ARGENTINA - LESSONS FOR INDIA?

about 15 years ago

We in India are worried about the fiefdom of the Govt when it comes to PSUs, particularly Coal India. But the recent development in Argentina gives some succor; after all it is human nature to feel good when others also suffer along with us. In Argentina, their President, Cristina Fernandez 'nationalised' YPF, an energy company. This company till last week...

'MINORITY' CAN SHOW THE 'MAJORITY' WHO IS IN CHARGE!

about 15 years ago

The Children's Investment Fund (TCI) holds 1.1% stake in PSU, Coal India Ltd (CIL). The Govt is the largest shareholder with a 90% stake. Yet, TCI, the second largest shareholder of CIL, a UK based hedge fund has threatened to sue CIL for bowing down to the sarkar, the Govt, when it comes to pricing.

KEC Intnl keeps up momentum

about 13 years ago

KEC International is up in the green currently. After having hit a new 52-week low last week at Rs.23.25, the stock is now up 4% at Rs.27.10, with very robust volumes at 60,000 shares. The stock is up since yesterday, stock price buoyant on the news of the company having received new orders ...

ITI at new high

about 6 years ago

The stock is the top gainer on the BSE, zooming up almost 19.5% to hit a new high at Rs.107.90, which is also not too far from its 20% UC