The sharp pullback in mid and smallcap stocks signals a cooling-off period in segments that previously attracted considerable investor interest.
Railway Minister Nitish Kumar has said that negotiations are on with the telecom ministry for equity participation of MTNL and BSNL in RailTel Corp to improve telecom services in the Railways.
Two private cellular operators in Delhi -- AirTel and Hutchison-Essar complained on Friday of disruption in calls from cell-to-fixed line phones and vice versa even as state owned Mahanagar Telephone Nigam Ltd dismissed
For countries to which the calling rates were at Rs 6, 8 and 12 have now been reduced to Rs 4, 6 and Rs 8 per minute respectively. The new rates will be effective from Friday, company's Executive Director A K Arora said in a statement.
Subscriber needs to pay Rs 19 for the service.
Telecom subscribers in the country can now make intra-state call at the rate of a local call, with the state-owned telecom company Bharat Sanchar Nigam (BSNL) extending its group-dialing facility to private operators. Group dialing facility enables local dialing within a state by pre-fixing `95' to the receiver's number.
The package includes raising of Rs 15,000 crore sovereign bonds to meet the immediate capital requirement of both the companies, 4G spectrum allocation worth Rs 20,140 crore, Rs 29,937 crore for VRS covering 50 per cent of their employees, and Rs 3,674 crore for goods and services tax that will be levied on allocation of radiowaves.
A poser by CPI-M member Sitaram Yechury on whether Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited are deliberately not setting up towers to favour private companies left Communications Minister Dayanidhi Maran seething with anger.
However, operators said the chief beneficiary would be the state-owned Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd, which have already been given the spectrum for 3G services, as well as Reliance Communications, which is still to roll out its 2G GSM network.
Stocks of government probables for divestment or stake sale such as Steel Authority of India (SAIL), Mahanagar Telephone Nigam (MTNL), National Aluminium Company (Nalco) and Container Corporation (Concor) have outperformed the markets in the past one year.
Reliance Infocomm on Tuesday informed the Delhi High Court that it was discussing with MTNL the matter related to demand of Rs 309 crore (Rs 3.09 billion) by the telecom public sector undertaking for alleged routing of international calls as local on
Group of ministers to discuss proposal to split companies into three entities, move seen as precursor to merger.
MTNL on Tuesday launched its long distance services between Delhi and Mumbai, opting Tata-owned VSNL as its preferred carrier for STD calls -- a move that could bring down call rates.
There have been more than 49,000 fire incidents in Mumbai in the last one decade, killing over 600 people, the Maharashtra government had told the assembly in November 2018.
MTNL was the target of selling on Friday after its net profit came in way below even the lower side of analysts' expectations.
Telecom Minister Ravi Shankar Prasad made it clear that as of now, the government has no plans to merge BSNL and MTNL.
'Their action in asking for blocking of entire websites is a mis-representation of a judicial order to cause indiscriminate blocking of these web-services throughout the country.'
Telecom PSUs MTNL and BSNL have crossed swords over collection of levy (Access Deficit Charge) by the former from other operators and passing it on to the latter.
Kuldip Singh, director, technical, of telecom PSU MTNL, has been appointed the new chairman and managing director with immediate effect.
A Group of Ministers will consider a proposal to let BSNL and MTNL venture into cable TV and broadcasting services to help infuse life into the loss making companies.
The Mahanagar Telecom Nigam Ltd, under its customer-friendly initiatives, has reduced installation charges for new telephone connections to Rs 500 from the present Rs 800, effective April 1.
Keen to expand its operations abroad, state-owned telecom operator MTNL on Tuesday said it is keen on entering Africa either by getting a new licence or buying out an existing operator.
On 60th Independence Day, it is bonanza time for telecom subscribers with operators rolling out a range of services.
A consortium led by Delhi-based Vavasi group has sent feelers to China Mobile, the world's largest telecom company, for a possible joint bid for Zain Telecom, adding another element of complexity to the battle for the Kuwait-based company that involves India's two state-owned telecom service providers.
The third, fourth and fifth floors of the nine-storey building were the worst affected due to the blaze, Mumbai fire brigade chief P S Rahangdale told PTI on Tuesday.
One tenth mobile subscribers in India own multiple mobile phone connections, says a report.
Even in the protected world of India's sick public sector units, it takes a special kind of government company to lose Rs 8 crore (Rs 80 million) a day, while earning just Rs 10 crore (Rs 100 million) as revenue - and that in the booming field of telecommunications.
Suntel has a base of 3 lakh subscribers and holds both NLD and ILD licenses. The acquisition, would give MTNL leverage on data services, fixed line and a host of corporate and SME customers.
A look into some handsets that allow you to surf at 3G speeds.
The government on Thursday said it has not taken any decision so far regarding the merger of telecom public sector undertakings BSNL and MTNL.
State-owned MTNL, dogged by a flabby workforce and tremendous pressure from unions against job cuts, has achieved a virtual feat by successfully offering voluntary retirement to over 1900 employees.
Private telecom operators have overtaken their public sector counterparts -- Bharat Sanchar Nigam and Mahanagar Telephone Nigam
The consortium led by ICICI Securities is likely to submit by January end its first report containing the options of synergising the operations of two telecom public sector undertakings -- BSNL and MTNL.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances