The Indian government will service all future bond payments for Mahanagar Telephone Nigam Ltd. as the state-owned company faces a liquidity crisis, according to a person familiar with the matter. The ...
MUMBAI, July 15 (Reuters) - Indian bond market participants are expecting the government to help towards the payout of the interest and principal for Mahanagar Telephone Nigam Ltd (MTNL.NS), opens new ...
Shares of Mahanagar Telephone Nigam Ltd (MTNL) issued its clarification on Tuesday over a new report, titled: "MTNL defaults on interest payment for sovereign guarantee-backed Rs 6,100 crore". The ...
HONG KONG (MarketWatch) -- Shares of Indian telecommunications firm Mahanagar Telephone Nigam jumped 3.6% in Mumbai trading Tuesday, despite weakness in the broad market, on word of a windfall tax ...
India's state-run telco MTNL defaults on loan repayments worth 87 billion rupees Mahanagar Telephone Nigam Ltd (MTNL) has defaulted on loan repayments worth 86.59 billion rupees ($990.48 million) to a ...
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