Kuldip Singh, director, technical, of telecom PSU MTNL, has been appointed the new chairman and managing director with immediate effect.
In a surprise development, telecom PSU MTNL's chairman and managing director R S P Sinha has resigned from the post.
Telecom PSU MTNL has paid Rs 314 crore (Rs 3.14 billion) to BSNL, which had demanded Rs 1,062 crore (Rs 10.62 billion) for carrying the former's STD traffic.
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