wordpress blog stats
Connect with us

Hi, what are you looking for?

MTNL appoints NK Yadav as chairman and managing director

mtnl

State-run telecom operator MTNL has appointed NK Yadav as its new chairman and managing director (CMD). MTNL said that PK Purwar has relinquished his charge as CMD of the company and NK Yadav’s appointment was effective from June 8, in a notification to the Bombay Stock Exchange.

MTNL director finance PK Purwar had been given additional charge of the post after the company’s CMD A.K. Garg retired on 30 May 2014. Also, Purwar had been selected for the post of MTNL CMD by Public Enterprises Selection Board (PESB) in November 2013.

For the quarter ended March 31, MTNL posted a loss of Rs 595.11 crore, however, it was down 18.57% from Rs 730.83 crore loss in the preceding quarter.

MTNL to go on: MTNL was among the five public sector undertakings (PSUs) the government planned to shut down, heavy industries minister Anant Geete had said during Question Hour in the Lok Sabha, adding that its employees were being offered a “very good” VRS package, in March this year. However, union minister for communications and information technology Ravi Shankar Prasad later clarified saying the government did not plan to shut down the loss-making operator, and would instead take various measures to revive it.

MTNL injecting Javascripts in internet connections: MTNL has also been in the news for the wrong reasons: The company has been inserting code into its users’ browsing sessions and pushing advertisements. These advertisements were being pushed via a service called Adphonso. More on that here.

You May Also Like

News

Truecaller has appointed a new chief financial officer, Odd Bolin, to prepare the company for an initial public offering (IPO). The Sweden-headquartered caller identification...

News

The Ministry of Information & Broadcasting’s upcoming National Broadcast Policy will try to make it easier for cable television (TV) operators to provide broadband...

News

BSNL and MTNL, the two state-owned telecom operators, turned EBITDA-positive and made some operating profit in the first half of the financial year ending...

News

Shortly after Bharti Airtel approached the Supreme Court to get the the Department of Telecommunications (DoT) to revise its Adjusted Gross Revenue (AGR) dues,...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ