{"id":837520,"date":"2024-07-26T09:48:47","date_gmt":"2024-07-26T04:18:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=837520"},"modified":"2024-07-26T09:48:47","modified_gmt":"2024-07-26T04:18:47","slug":"govt-to-pay-cash-starved-telco-mtnls-5-1-billion-bond-bill","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/26\/govt-to-pay-cash-starved-telco-mtnls-5-1-billion-bond-bill\/","title":{"rendered":"Govt to pay cash-starved telco MTNL\u2019s $5.1 billion bond bill"},"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":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-837520","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/837520","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=837520"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/837520\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=837520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=837520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=837520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}