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  Airtel, Vodafone Idea, Tata Teleservices likely to pay AGR dues today: DoT source

  Business | February 17, 2020 8:36 IST

  The three companies are jointly liable to pay dues of over Rs 1 lakh crore, but they have informed the Department of Telecom (DoT) of making only partial payment, as per their representatives.

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  Almost 50% BSNL, 75% MTNL employees opt for voluntary retirement scheme

  Business | February 14, 2020 9:32 IST

  There are a total of 153,000 employees in BSNL while 18,000 are there in MTNL. After opting for VRS, BSNL will be left with almost 50% of its employee force while MTNL with 25% of its working force.

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  Participation of BSNL, MTNL in spectrum auction may lead to conflict of interest, warns DoT

  Business | February 06, 2020 17:26 IST

  The government is planning to hold next round of spectrum auction in April-May this year. The auction will also include radiowaves for 5G services. A draft cabinet note has been prepared in this regard by the DoT

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  BSNL, MTNL to get Rs 37,640 crore from govt in FY21

  Business | February 01, 2020 17:11 IST

  State-owned telecom firms BSNL and MTNL will get fund infusion of around Rs 37,640 crore mainly for 4G spectrum and implementation of voluntary retirement scheme, according to Budget document 2020-21.

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  Internet services hit as MTNL goes into VRS mode

  Business | January 11, 2020 16:41 IST

  Dozens of internet outages have been reported in New Delhi as more than 14,000 of MTNL’s 18,000 employees opt for voluntary retirement. MTNL will practically be left with only 4,000 employees to manage Delhi and Mumbai circles

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  MTNL starts Rs 23,000 crore asset monetisation through DIPAM

  Business | January 02, 2020 16:38 IST

  State-run telecom firm MTNL has started the process to monetize assets worth Rs 23,000 crore as it aims to turn profitable in the next fiscal year, a top official of the company said on Thursday.

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  MTNL shares rise as it seeks shareholder nod for fundraising, monetisation of assets

  Business | December 12, 2019 17:21 IST

  Shares of Mahanagar Telephone Nigam Ltd (MTNL) on Thursday appreciated nearly 5 per cent, a day after it said it will seek shareholders' nod for monetisation of land and buildings as well as for raising up to Rs 6,500 crore through non-convertible debentures.

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  Telecom shares rise on proposal to fix floor price for data tariffs

  Business | December 04, 2019 17:47 IST

  On the NSE, the stock soared 9.93 per cent to Rs 7.75 per unit. It zoomed 12.05 per cent to Rs 7.90 during the day. Bharti Airtel also saw its shares rising though marginally at 0.41 per cent to end at Rs 460.85 a unit on the BSE. Intra-day, its stock touched a high of Rs 464.75 apiece, up 1.26 per cent.

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  92,700 BSNL, MTNL employees opt for voluntary retirement scheme

  Business | December 03, 2019 20:21 IST

  The voluntary retirement scheme of BSNL and MTNL on Tuesday closed with over 92,700 employees opting for it, according to senior officials of the public sector telecom companies. Around 78,300 employees of BSNL and 14,378 of MTNL have opted for the scheme.  

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  Government not planning to reduce retirement age in BSNL, MTNL to 50

  Business | November 28, 2019 16:44 IST

  The government on Thursday said it is not planning to reduce the retirement age of employees of state-owned telecom firms BSNL and MTNL to 50 years.

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  BSNL's 80,000 and MTNL's 14,000 employees seek VRS

  Business | November 26, 2019 7:20 IST

  Over 94,000 employees of state-run BSNL and MTNL have applied for the Voluntary Retirement Scheme (VRS) with eight more days to go for its closure, according to a government official. According to sources, BSNL's 80,000 and MTNL's 14,000 employees have applied for the VRS.

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  MTNL crosses VRS target, nearly 14,000 have applied: Chairman

  Business | November 25, 2019 19:56 IST

  "About 13,988 employees of MTNL have applied for VRS as on today. Our employee strength is 18,200. Out of this, 16,372 are eligible for VRS, I am expecting another 500 to be in VRS, so up to 14,500 VRS applicants can go. Our target was 13,500", Kumar told IANS in New Delhi.

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  Over 92,000 employees of BSNL, MTNL opt for VRS scheme

  Business | November 25, 2019 18:41 IST

  Over 92,000 employees of BSNL and MTNL have opted for the scheme so far, the source added.

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  BSNL-MTNL merger may be completed in 24 months: Prasad

  Business | November 20, 2019 18:42 IST

  The government on Wednesday said the merger of state-owned telecom companies BSNL and MTNL is likely to be completed in 18-24 months. 

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  After BSNL, MTNL rings in strong VRS response; says over 13,500 staff opted for scheme so far

  Business | November 20, 2019 13:45 IST

  MTNL had initially expected the voluntary retirement scheme (VRS) opted to touch 13,500, but the numbers have already reached 13,532 employees, with nearly two weeks left to go before the closing date for exercising the option

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  BSNL to raise Rs 15000 crore through sovereign bonds next month

  Business | November 13, 2019 18:39 IST

  "We have written to DoT already asking for approval for the Rs 15,000 crore sovereign bonds. DoT is in the process of sending it to finance ministry for approval. We can raise all Rs 15,000 crore in one tranche. We expect to get the approval soon for the bonds to raise the funds", P K Purwar, CMD of BSNL 

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  Discontent in ITS officers of BSNL/MTNL after govt revival package

  Business | November 12, 2019 9:40 IST

  At present, BSNL/MTNL has offered VRS package to their employees of the age of 50 years and above. BSNL has 220 such officers above GM-level. 

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  Over 60,000 BSNL, MTNL employees have opted for VRS so far: Telecom Secretary

  Business | November 08, 2019 20:53 IST

  More than 57,000 employees of BSNL have opted for VRS in the last few days and the figures when combined with that of state-owned MTNL exceed 60,000, Telecom Secretary Anshu Prakash said on Friday.

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  Ravi Shankar Prasad asks BSNL/MTNL to start dialogue with staff on VRS

  Business | November 03, 2019 13:34 IST

  The Union Cabinet had last month approved a revival package for BSNL and MTNL which includes a voluntary retirement scheme (VRS) for their staff. The aim is to reduce the employee cost of the two companies by offering VRS to their staff aged 50 years and above based on the Gujarat model with some modifications

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  MTNL to be BSNL subsidiary, govt okays

  Business | November 01, 2019 14:57 IST

  The communication said there will be Administrative allotment of spectrum to BSNL/MTNL for providing 4G services through capital infusion by the Government. The payment of GST on the spectrum cost will be paid through budgetary support.   Sovereign Guarantee Bonds of Rs 15,000 crore of tenure of 10 years or more to be raised and serviced by BSNL/MTNL for the purpose of debt restructuring.