{"id":837381,"date":"2024-07-26T08:56:20","date_gmt":"2024-07-26T03:26:20","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=837381"},"modified":"2024-07-26T08:56:11","modified_gmt":"2024-07-26T03:26:11","slug":"govt-to-handle-5-1-bn-bond-payments-for-mtnl-amid-liquidity-crisis","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/26\/govt-to-handle-5-1-bn-bond-payments-for-mtnl-amid-liquidity-crisis\/","title":{"rendered":"Govt to handle $5.1 bn bond payments for MTNL amid liquidity crisis"},"content":{"rendered":"<p>The Indian government will service all future bond payments for Mahanagar Telephone Nigam Ltd. as the state-owned company faces a liquidity crisis, according to a person familiar with the matter. <\/p>\n<p>The loss-making firm has 426.8 billion rupees ($5.1 billion) of interest and principal repayments due on local-currency bonds guaranteed by the government by 2034, data compiled by Bloomberg show. Of this total, 46.2 billion rupees are due later this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian government will service all future bond payments for Mahanagar Telephone Nigam Ltd. as the state-owned company faces a liquidity crisis, according to a person familiar with the matter. The loss-making firm has 426.8 billion rupees ($5.1 billion) of interest and principal repayments due on local-currency bonds guaranteed by the government by 2034, data compiled by Bloomberg show. Of this total, 46.2 billion rupees are due later this year.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,4,35],"tags":[],"class_list":["post-837381","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/837381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=837381"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/837381\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=837381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=837381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=837381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}