Cabinet Secretary to hold meeting next week on MTNL revival..

Cabinet Secretary, TV Somanathan will convene a meeting next week to address the financial woes of MTNL, which faces significant loan defaults totalling ₹8,346 crore to state-run banks. The meeting aims to devise a revival strategy, focusing on asset monetisation and potential business model adjustments, while exploring short-term measures to tackle immediate loan defaults and long-term solutions for minimising losses.

[Courtesy: The Economic Times dt. 11.06.2025]