{"id":866029,"date":"2024-10-15T07:30:25","date_gmt":"2024-10-15T02:00:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=866029"},"modified":"2024-10-15T07:38:40","modified_gmt":"2024-10-15T02:08:40","slug":"mtnl-soars-9-as-co-plans-not-to-shut-shop-or-go-to-nclt-say-reports","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/15\/mtnl-soars-9-as-co-plans-not-to-shut-shop-or-go-to-nclt-say-reports\/","title":{"rendered":"MTNL soars 9% as co plans &#8216;not to shut shop&#8217; or go to NCLT, say reports"},"content":{"rendered":"<p>Mahanagar Telephone Nigam Limited (MTNL) shares gained as much as 9 per cent in Monday&#8217;s trade on BSE, recording an intraday high at Rs 55.36 per share. <\/p>\n<p>The buying interest in the stock came after CNBC TV18 reported that MTNL will not be allowed to &#8216;shut shop&#8217;, while an option to take the company to the National Company Law Tribunal (NCLT) for insolvency proceedings has been ruled out by the company&#8217;s creditors and the government, which is the majority shareholder of the company, at 56.25 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahanagar Telephone Nigam Limited (MTNL) shares gained as much as 9 per cent in Monday&#8217;s trade on BSE, recording an intraday high at Rs 55.36 per share. The buying interest in the stock came after CNBC TV18 reported that MTNL will not be allowed to &#8216;shut shop&#8217;, while an option to take the company to the National Company Law Tribunal (NCLT) for insolvency proceedings has been ruled out by the company&#8217;s creditors and the government, which is the majority shareholder of the company, at 56.25 per cent.<\/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-866029","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\/866029","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=866029"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/866029\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=866029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=866029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=866029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}