March 18, 2020 12:28 am
The model, first conceptualised to offer VRS to state-owned sick or incipient sick public sector undertakings (PSUs) of Gujarat, limits the immediate dues payable by companies.
February 14, 2020 7:01 am
Significantly, of the 1,53,000 employees working for BSNL when the VRS scheme was approved in October 2019, over half — 78,569 employees in all — have opted to retire.
January 02, 2020 5:21 pm
"MTNL has assets at all the prime locations. Residential as well as commercial complexes can be developed on these properties. Around Rs 1,000 crore worth assets have been initiated for monetisation in Delhi also," MTNL chairman said.
January 02, 2020 4:22 am
The Department of Telecommunications (DoT) has left it to both the companies to decide how to raise the monies, and take a final call in consultation with experts, one of the officials quoted above said.
December 12, 2019 5:02 pm
Mahanagar Telephone Nigam Ltd (MTNL) would seek shareholders' approval for issue of non-convertible redeemable non-cumulative preference shares on a private placement basis to the government towards payment of 4G spectrum cost.
December 03, 2019 10:32 pm
Under the scheme over 1 lakh BSNL and 16,300 employees at MTNL were eligible for VRS which was rolled out on November 4.
November 25, 2019 7:07 pm
Nearly one lakh BSNL employees are eligible for the Voluntary Retirement Scheme (VRS) out of its total staff strength of about 1.50 lakh. The effective date of voluntary retirement under the present scheme is January 31, 2020.
November 16, 2019 11:53 am
Worried about the future of the public sector entities, the government has crafted a revival plan, including a merger of BSNL and MTNL. In management jargon, the merger could potentially unlock synergies, but unfortunately there appear none on the telecom horizon.
November 04, 2019 8:46 pm
The pending payments are against the supply of telecom gear and other goods to BSNL and MTNL as well as Rs 45,000-crore rural broadband project BharatNet, PHD Chamber of Commerce Telecom Committee chairman Sandeep Aggarwal said.
October 28, 2019 4:23 pm
Under the new Rs 2,990 plan, users will get 4TB of monthly data FUP for the first six months, after which the FUP limit will drop to 3TB.