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Contrary to the agreement, critical revenue generating streams such as FTTH, leased lines, and mobile customers are being unlawful migrated to BSNL.

computing power high return india blockchain technology ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!This deviation from the agreed terms undermines the operational stability of MTNL leaving it with no revenue sources to sustain itself”.As per the agreement, the gross revenue of MTNL shall first go towards settling its operation and maintenance charges, including human resource cost with an aim to at least maintain the Ebitda neutrality of MTNL.The core operational assets of MTNL such as telephone exchanges, power plant, batteries, various types of cables, software, hardware will be available for use by BSNL.In an exchange filing on December 11, MTNL said that it defaulted on a total payment of Rs 5,774 crore, comprising a principal amount of Rs 5,492 crore raised from various banks and an interest of Rs 281.9 crore.The company’s total financial debt stands at Rs 32,145 crore, which is 40 times more than its consolidated annual income of Rs 798 crore.

In the July-September quarter, the company’s net loss expanded to Rs 890 crore.In the April-September period, BSNL net loss was at Rs 2,785 crore.

computing power high return india blockchain technology ✌️【365vc.net】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!The company’s revenue from operations grew 10.4% year-on-year (y-o-y) to Rs 9,235 crore during the six months ended September.Get liveShare Marketupdates,Stock Market Quotes, and the latestIndia News… Read Moreandbusiness newson Financial Express.

Download theFinancial Express Appfor the latest finance news.Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.

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Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.

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