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		<title>Telecom department sent a notice of Rs 7800 crore to Tata Communications, know the whole matter</title>
		<link>https://fastnewsglobe.com/telecom-department-sent-a-notice-of-rs-7800-crore-to-tata-communications-know-the-whole-matter/</link>
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		<pubDate>Sun, 27 Jul 2025 14:58:26 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Adjusted Gross Revenue]]></category>
		<category><![CDATA[agr dues]]></category>
		<category><![CDATA[Bharti airtel]]></category>
		<category><![CDATA[department of telecom]]></category>
		<category><![CDATA[dot]]></category>
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					<description><![CDATA[<p>Dot Demand Notice to Tata Communications: Tata Communications has sent a notice of about Rs...</p>
<p>The post <a href="https://fastnewsglobe.com/telecom-department-sent-a-notice-of-rs-7800-crore-to-tata-communications-know-the-whole-matter/">Telecom department sent a notice of Rs 7800 crore to Tata Communications, know the whole matter</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>Dot Demand Notice to Tata Communications:</strong> Tata Communications has sent a notice of about Rs 7800 crore to pay the dues of adjusted gross revenue ie AGR (Adjusted Gross Revenue) by the Department of Telecommunications. This information was given by the company. The company said in the note that this demand has been made for AGR from 2005-06 to 2023-24 by the Department of Telecommunications (Department of Telecommunications).</p>
<p style="text-align: justify;"><strong>7800 crore notice to Tata Communications</strong></p>
<p style="text-align: justify;">AS, Managing Director of Tata Communications Laxminarayan says that the company has received a total of Rs 7,827.55 crore from the Indian Department of Telecommunications till June 30, 2025 for a total of Rs 7,827.55 crore from the Department of Telecommunications to 2023-24. </p>
<p style="text-align: justify;">Laxminarayan further said that the demand notice includes Rs 276.68 crore for the rejection of the deduction of the deductions claimed by the company on the basis of payment for Financial Year 2010-11 under the ISP i.</p>
<p style="text-align: justify;">The Tata Communications has made appeals related to ILD (International Long Distance), NLD and ISP licenses, pending in the Supreme Court and Telecom Tribunal TDSAT. Laxminarayan said that the company&#8217;s appeals do not come under the scope of the top court&#8217;s decision on the AGR on AGR under the old telecom license system called UASL. </p>
<p style="text-align: justify;">Also read: Gold has jumped 200 percent in the last 6 years, now know where the price can reach in the next five years</p>
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<p><a href="https://www.abplive.com/business/department-of-telecom-issues-7800-crore-rupees-demand-notice-to-tata-communications-over-agr-dues-2986373" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/telecom-department-sent-a-notice-of-rs-7800-crore-to-tata-communications-know-the-whole-matter/">Telecom department sent a notice of Rs 7800 crore to Tata Communications, know the whole matter</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">59743</post-id>	</item>
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		<title>This government company in debt, cannot return a loan of Rs 8585 crore to banks</title>
		<link>https://fastnewsglobe.com/this-government-company-in-debt-cannot-return-a-loan-of-rs-8585-crore-to-banks/</link>
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		<pubDate>Wed, 16 Jul 2025 07:31:05 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Loan default]]></category>
		<category><![CDATA[Mtnl]]></category>
		<category><![CDATA[Mtnl defaults]]></category>
		<category><![CDATA[MTNL Loan Default]]></category>
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					<description><![CDATA[<p>Mtnl defaults: Government telecom company Mahanagar Telephone Corporation Limited (MTNL) is immersed in debt. The...</p>
<p>The post <a href="https://fastnewsglobe.com/this-government-company-in-debt-cannot-return-a-loan-of-rs-8585-crore-to-banks/">This government company in debt, cannot return a loan of Rs 8585 crore to banks</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;"><strong>Mtnl defaults:</strong> Government telecom company Mahanagar Telephone Corporation Limited (MTNL) is immersed in debt. The company told in its regulatory filing that it is currently facing economic crisis. The company said that it has missed a loan of Rs 8,585 crore taken from seven public sector banks and paying interest on it. </p>
<h3 style="text-align: justify;">MTNL shares after revelations</h3>
<p style="text-align: justify;">In a regulatory filing on Tuesday, MTNL said that he had taken a loan from some big public sector banks. Now it has failed to pay its full amount including interest. The effect of this revelation showed on MTNL shares. On Tuesday, MTNL shares broke 4.80 percent to close at Rs 49.59, which is less than Rs 2.50 less than the previous session. Banks whose names are in filing</p>
<h3 style="text-align: justify;">The company has taken loan from these banks </h3>
<p style="text-align: justify;">These include Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab and Sindh Bank and Indian Overseas Bank. The company said that this default in loan payment took place during August 2024 to February 2025. The total dues of 7,794.34 crores are the principal of 7,794.34 crore and an interest of Rs 790.59 crore.</p>
<h3 style="text-align: justify;">Most loans taken from this bank </h3>
<p style="text-align: justify;">Among them, the maximum number of Union Bank of India owes Rs 3,733.22 crore and after that the Indian Overseas Bank owes 2,434.13 crore. MTNL is burdened with heavy debt. It has a tax of Rs 34,484 crore. This includes a loan of Rs 8,585 crore as well as a saving guarantee bond of Rs 24,071 crore and a loan of Rs 1,828 crore taken from the Department of Telecommunications to pay interest on it. <br />The government has given financial assistance to the company earlier, but in view of the way the debt burden is increasing on the company, questions are being raised on its recovery. </p>
<p style="text-align: justify;">
<p style="text-align: justify;"><strong>Also read: </strong></p>
<p class="abp-article-title"><strong>Home loan is going to be cheaper, RBI can re -cut repo rate; Report claimed</strong></p>
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<p><a href="https://www.abplive.com/business/mtnl-has-defaulted-on-payment-of-8585-crore-loan-taken-from-seven-public-sector-banks-2980105" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/this-government-company-in-debt-cannot-return-a-loan-of-rs-8585-crore-to-banks/">This government company in debt, cannot return a loan of Rs 8585 crore to banks</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">54637</post-id>	</item>
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		<title>Solution to Mtnl&#8217;s ₹ 33,500 Crore Debt? Big Government Plan! , BSNL hints at instability &#124; Paisa Live &#124; Mtnl&#8217;s ₹ 33,500 CR solution? Government&#8217;s big plan! , BSNL gesture of coordination</title>
		<link>https://fastnewsglobe.com/solution-to-mtnls-%e2%82%b9-33500-crore-debt-big-government-plan-bsnl-hints-at-instability-paisa-live-mtnls-%e2%82%b9-33500-cr-solution-governments-big-plan-bsnl-gesture-of-coordinati/</link>
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		<pubDate>Tue, 17 Jun 2025 07:31:39 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[.Indianconomy]]></category>
		<category><![CDATA[Breakingnews]]></category>
		<category><![CDATA[bsnl]]></category>
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					<description><![CDATA[<p>After BSNL, the government is now going to improve MTNL&#8217;s condition. &#8230; According to Media...</p>
<p>The post <a href="https://fastnewsglobe.com/solution-to-mtnls-%e2%82%b9-33500-crore-debt-big-government-plan-bsnl-hints-at-instability-paisa-live-mtnls-%e2%82%b9-33500-cr-solution-governments-big-plan-bsnl-gesture-of-coordinati/">Solution to Mtnl&#8217;s ₹ 33,500 Crore Debt? Big Government Plan! , BSNL hints at instability | Paisa Live | Mtnl&#8217;s ₹ 33,500 CR solution? Government&#8217;s big plan! , BSNL gesture of coordination</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p>After BSNL, the government is now going to improve MTNL&#8217;s condition. &#8230; According to Media Reports, Communication State Minister Dr. CS Pemmasani has said that the government is trying to strengthen the telecom company MTLN again. This comment has come before the meeting of the Cabinet Secretary to be held next week, in which the government will reconsider the option of removing the financial crisis of the telecom company.                                                                                                                                    </p>
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<p><a href="https://www.abplive.com/videos/business/economy-solution-to-mtnl-s-33-500-crore-debt-big-government-plan-bsnl-hints-at-instability-paisa-live-2963819" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/solution-to-mtnls-%e2%82%b9-33500-crore-debt-big-government-plan-bsnl-hints-at-instability-paisa-live-mtnls-%e2%82%b9-33500-cr-solution-governments-big-plan-bsnl-gesture-of-coordinati/">Solution to Mtnl&#8217;s ₹ 33,500 Crore Debt? Big Government Plan! , BSNL hints at instability | Paisa Live | Mtnl&#8217;s ₹ 33,500 CR solution? Government&#8217;s big plan! , BSNL gesture of coordination</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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