!['Govt will pay bond interest dues of MTNL, there will be no default](https://cdn.magzter.com/1560517598/1720983749/articles/MdHlxfs9d1720992778610/GOVT-WILL-PAY-BOND-INTEREST-DUES-OF-MTNL-THERE-WILL-BE-NO-DEFAULT.jpg)
The move assumes significance as it would avert a looming crisis for the telecom corporation which is being seen teetering on the brink with regard to its debt obligations that are becoming due. All eyes are on MTNL, ever since the debt-laden firm last week expressed its inability to make interest payments to certain bondholders due to paucity of funds.
Telecom Department sources said that the government will step in and pay the said dues, and asserted that there won’t be any default on the same.
Diese Geschichte stammt aus der 15 July 2024-Ausgabe von Millennium Post Delhi.
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Diese Geschichte stammt aus der 15 July 2024-Ausgabe von Millennium Post Delhi.
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