Synopsis: MTNL has defaulted on Rs. 8,585 crore loan payments to seven major public banks, amid a total debt of Rs. 34,484 crore, highlighting its ongoing financial distress and mounting repayment challenges. During Wednesday’s trading session, shares of this...
The Indian government is preparing to waive spectrum usage charges (SUC) on airwaves purchased through auctions held before September 2021—a move that could offer financial relief worth thousands of crores to telecom operators. This comes as part of the broader effort...
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