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MTNL turns profitable at Rs 7,825 cr
Posted on 19th July 2014
State-run telecom firm MTNL has shown profit of Rs 7,825 crore on books for 2013-14 on account of some write back provisions, Telecom Minister Ravi Shankar Prasad informed the Rajya Sabha on Friday. It had last posted annual profit of Rs 211.7 crore in 2008-09.

BSNL, MTNL leadership succession in limbo
Posted on 20th June 2014
KOLKATA: Leadership succession at state-run Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam LtdBSE 2.21 % continues to remain in limbo.

The Appointments Committee of the Cabinet (ACC) has refused to clear BSNL director (consumer mobility) Anupam Shrivastava's appointment as future chairman & managing director of the state-run telco after incumbent R K Upadhyay retires on June 30.


Sensex above 24,600; L&T and BHEL top gainers
Posted on 28th May 2014
Markets have started the trading session on a marginally positive note tracking higher global cues along with capital goods shares leading the gains.

By 9:25, the Sensex was higher by 75 points at 24,624 mark and the Nifty gained by 19 points at 7,336 levels.


Major fire breaks out at BSEL tower in Vashi, no casualties
Posted on 27th May 2014
NAVI MUMBAI: A major fire broke out at the BSEL Tech Tower opposite the Vashi railway station at around 11.30am on Tuesday.

Flames engulfed the sixth and seventh floors of the building housing offices before firemen brought the fire under control.


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