MAHANAGAR TELEPHONE NIGAM (MTNL)
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CBDT issues clarification on BSNL, MTNL VRS-2019 compensation; what retirees should know - CNBC TV18
CBDT issues clarification on BSNL, MTNL VRS-2019 compensation; what retirees should know - Published OnNov 5, 2026 | 23:29 IST - Last Updated OnNov 5, 2026 | 23:29 IST CBDT has clarified the income tax treatment of BSNL and MTNL VRS-2019 compensation. Know how the Rs 5 lakh exemption under Section 10(10C) applies to retirees.
MTNL board approves Rs 892 crore Powai property sale
MTNL shares jumped to Rs 26.94 apiece on Thursday, with the stock on track to record the sharpest single-day gain in nearly 20 months since February 2025. This comes after the stock tumbled around 32% in 2026 so far and 42% in one year. MTNL sells Powai property to IT department The loss-making PSU announced in an exchange filing on Thursday that its board of directors have approved the proposal to sell MTNL’s property at Powai’s Technology Street with a land area of 20,895.60 square metres.
MTNL Board Approves ₹891.5 Crore Powai Land Sale to Income Tax Dept
MTNL's board has approved the sale of its Powai land parcel in Mumbai to the Income Tax Department for ₹891.53 crore. The stock surged 17% on the news as investors welcomed the much-needed cash infusion for the debt-laden PSU. The transaction marks a significant step in MTNL's asset monetization efforts.
India halts MTNL Mauritius stake sale to preserve island presence
India has kept plans to sell its stake in Mahanagar Telephone (Mauritius) Ltd, the Mauritius-based telecom unit of debt-laden state carrier Mahanagar Telephone Nigam Ltd, on hold as the government moves to preserve its presence on the island, according to officials familiar with the matter. The company's board had cleared the move to exit Mauritius in August 2024 as part of a wider plan to monetize non-core assets and pay off debt.
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CBDT issues clarification on BSNL, MTNL VRS-2019 compensation; what retirees should know - CNBC TV18
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