15/03/2015
1)Government Rules Out Privatisation of BSNL, MTNL
Responding to a supplementary during the Question Hour in Rajya Sabha, Telecom Minister Ravi Shankar Prasad said the intention of the government was to bring them back to profitability.
"The financial health of MTNL and BSNL are not in good shape. There are several reasons for this which I want to discuss in the House in greater detail one day. However, we will make them healthy," he said.
Mr Prasad also said that the two erstwhile profit-making entities have been incurring losses for some years and one of the reasons for their downfall could be traced into the way these were "forced to function in those days".
"We need to improve health of these two companies. There is no attempt to privatise them," he said, adding that 25,000 mobile towers are being installed by BSNL and MTNL to improve their services.
To another question, Mr Prasad said the telecom subscribers base in the country is set to touch one billion mark soon from 97.9 crore as on December-end.
Regarding mobile tariff, he said service providers have the flexibility to offer different tariff schemes depending on the market conditions and other commercial considerations.
"The rates charged by mobile service providers for various types of calls differ from service area to service area. The rates offered by the same operator in a service area could also be different depending on the traiff plan subscribed by each individual consumer," he said.
2)Digital Life Certificate for
Pensioners; More Than One Crore Pensioners May be Benefited by the Scheme
Under the ‘Digital India Mission’,
Government has launched ‘Jeevan Pramaan – an Aadhaar based Digital Life
Certificate’ for pensioners on 10.11.2014. This facility provides an option to
the pensioners to submit their life certificate digitally by authenticating
biometrically using UIDAI Database. The pension disbursing agencies integrated
with the Jeevan Pramaan Portal will get access to digital life certificate. The
pensioners need not go to the pension disbursing agency in person.
Aadhaar numbers is used for
bio-metric authentication of pensioners. All pensioners having Aadhaar number
may avail this facility. More than one crore pensioners may be benefitted by
the scheme.
Government has taken a number of
steps to bring awareness among the pensioners regarding the digital life
certificate scheme such as publicity through leading newspapers, organization
of camps for pensioners, regular meetings with pension disbursing agencies etc.
Govt rules out
privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as it
admitted that the two state-run telecom service providers were not in
the pink of their health.
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Govt rules out privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as
it admitted that the two state-run telecom service providers were not in
the pink of their health.
Responding to a supplementary during the Question Hour in Rajya Sabha,
Telecom Minister Ravi Shankar Prasad, said the intention of the
government was to bring them back to profitability. "The financial
health of MTNL and BSNL are not in good shape.
There are several reasons for this which I want to discuss in the House
in greater detail one day. However, we will make them healthy," he said.
Prasad also said that the two erstwhile profit-making entities have been
incurring losses for some years and one of the reasons for their
downfall could be traced into the way these were "forced to function in
those days".
"We need to improve health of these two companies. There is no attempt
to privatise them," he said, adding that 25,000 mobile towers are being
installed by BSNL and MTNL to improve their services.
To another question, Prasad said the telecom subscribers base in the
country is set to touch one billion mark soon from 97.9 crore as on
December-end.
Regarding mobile tariff, he said service providers have the flexibility
to offer different tariff schemes depending on the market conditions and
other commercial considerations.
"The rates charged by mobile service providers for various types of
calls differ from service area to service area.
The rates offered by the same operator in a service area could also be
different depending on the traiff plan subscribed by each individual
consumer," he said.
MTNL stock price
On March 13, 2015, Mahanagar Telephone Nigam closed at Rs 22.30, down Rs
0.05, or 0.22 percent. The 52-week high of the share was Rs 39.10 and
the 52-week low was Rs 14.01.
The company's trailing 12-month (TTM) EPS was at Rs 115.91 per share as
per the quarter ended December 2014. The stock's price-to-earnings (P/E)
ratio was 0.19. The latest book value of the company is Rs 80.01 per
share. At current value, the price-to-book value of the company is 0.28.
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Govt rules out
privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as it
admitted that the two state-run telecom service providers were not in
the pink of their health.
10
1
Google +0
0
Govt rules out privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as
it admitted that the two state-run telecom service providers were not in
the pink of their health.
Responding to a supplementary during the Question Hour in Rajya Sabha,
Telecom Minister Ravi Shankar Prasad, said the intention of the
government was to bring them back to profitability. "The financial
health of MTNL and BSNL are not in good shape.
There are several reasons for this which I want to discuss in the House
in greater detail one day. However, we will make them healthy," he said.
Prasad also said that the two erstwhile profit-making entities have been
incurring losses for some years and one of the reasons for their
downfall could be traced into the way these were "forced to function in
those days".
"We need to improve health of these two companies. There is no attempt
to privatise them," he said, adding that 25,000 mobile towers are being
installed by BSNL and MTNL to improve their services.
To another question, Prasad said the telecom subscribers base in the
country is set to touch one billion mark soon from 97.9 crore as on
December-end.
Regarding mobile tariff, he said service providers have the flexibility
to offer different tariff schemes depending on the market conditions and
other commercial considerations.
"The rates charged by mobile service providers for various types of
calls differ from service area to service area.
The rates offered by the same operator in a service area could also be
different depending on the traiff plan subscribed by each individual
consumer," he said.
MTNL stock price
On March 13, 2015, Mahanagar Telephone Nigam closed at Rs 22.30, down Rs
0.05, or 0.22 percent. The 52-week high of the share was Rs 39.10 and
the 52-week low was Rs 14.01.
The company's trailing 12-month (TTM) EPS was at Rs 115.91 per share as
per the quarter ended December 2014. The stock's price-to-earnings (P/E)
ratio was 0.19. The latest book value of the company is Rs 80.01 per
share. At current value, the price-to-book value of the company is 0.28.
Read more at: http://www.moneycontrol.com/news/business/govt-rules-out-privatisationbsnl-mtnl_1328439.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/business/govt-rules-out-privatisationbsnl-mtnl_1328439.html?utm_source=ref_article
Govt rules out
privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as it
admitted that the two state-run telecom service providers were not in
the pink of their health.
10
1
Google +0
0
Govt rules out privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as
it admitted that the two state-run telecom service providers were not in
the pink of their health.
Responding to a supplementary during the Question Hour in Rajya Sabha,
Telecom Minister Ravi Shankar Prasad, said the intention of the
government was to bring them back to profitability. "The financial
health of MTNL and BSNL are not in good shape.
There are several reasons for this which I want to discuss in the House
in greater detail one day. However, we will make them healthy," he said.
Prasad also said that the two erstwhile profit-making entities have been
incurring losses for some years and one of the reasons for their
downfall could be traced into the way these were "forced to function in
those days".
"We need to improve health of these two companies. There is no attempt
to privatise them," he said, adding that 25,000 mobile towers are being
installed by BSNL and MTNL to improve their services.
To another question, Prasad said the telecom subscribers base in the
country is set to touch one billion mark soon from 97.9 crore as on
December-end.
Regarding mobile tariff, he said service providers have the flexibility
to offer different tariff schemes depending on the market conditions and
other commercial considerations.
"The rates charged by mobile service providers for various types of
calls differ from service area to service area.
The rates offered by the same operator in a service area could also be
different depending on the traiff plan subscribed by each individual
consumer," he said.
MTNL stock price
On March 13, 2015, Mahanagar Telephone Nigam closed at Rs 22.30, down Rs
0.05, or 0.22 percent. The 52-week high of the share was Rs 39.10 and
the 52-week low was Rs 14.01.
The company's trailing 12-month (TTM) EPS was at Rs 115.91 per share as
per the quarter ended December 2014. The stock's price-to-earnings (P/E)
ratio was 0.19. The latest book value of the company is Rs 80.01 per
share. At current value, the price-to-book value of the company is 0.28.
Read more at: http://www.moneycontrol.com/news/business/govt-rules-out-privatisationbsnl-mtnl_1328439.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/business/govt-rules-out-privatisationbsnl-mtnl_1328439.html?utm_source=ref_article
Govt rules out
privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as it
admitted that the two state-run telecom service providers were not in
the pink of their health.
10
1
Google +0
0
Govt rules out privatisation of BSNL, MTNL
Government on Friday ruled out privatisation of BSNL and MTNL even as
it admitted that the two state-run telecom service providers were not in
the pink of their health.
Responding to a supplementary during the Question Hour in Rajya Sabha,
Telecom Minister Ravi Shankar Prasad, said the intention of the
government was to bring them back to profitability. "The financial
health of MTNL and BSNL are not in good shape.
There are several reasons for this which I want to discuss in the House
in greater detail one day. However, we will make them healthy," he said.
Prasad also said that the two erstwhile profit-making entities have been
incurring losses for some years and one of the reasons for their
downfall could be traced into the way these were "forced to function in
those days".
"We need to improve health of these two companies. There is no attempt
to privatise them," he said, adding that 25,000 mobile towers are being
installed by BSNL and MTNL to improve their services.
To another question, Prasad said the telecom subscribers base in the
country is set to touch one billion mark soon from 97.9 crore as on
December-end.
Regarding mobile tariff, he said service providers have the flexibility
to offer different tariff schemes depending on the market conditions and
other commercial considerations.
"The rates charged by mobile service providers for various types of
calls differ from service area to service area.
The rates offered by the same operator in a service area could also be
different depending on the traiff plan subscribed by each individual
consumer," he said.
MTNL stock price
On March 13, 2015, Mahanagar Telephone Nigam closed at Rs 22.30, down Rs
0.05, or 0.22 percent. The 52-week high of the share was Rs 39.10 and
the 52-week low was Rs 14.01.
The company's trailing 12-month (TTM) EPS was at Rs 115.91 per share as
per the quarter ended December 2014. The stock's price-to-earnings (P/E)
ratio was 0.19. The latest book value of the company is Rs 80.01 per
share. At current value, the price-to-book value of the company is 0.28.
Read more at: http://www.moneycontrol.com/news/business/govt-rules-out-privatisationbsnl-mtnl_1328439.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/business/govt-rules-out-privatisationbsnl-mtnl_1328439.html?utm_source=ref_article