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MTNL Board Clears ₹891.53 Crore Powai Property Sale, Shares Jump 17% To ₹26.96

MTNL Board Clears ₹891.53 Crore Powai Property Sale, Shares Jump 17% To ₹26.96
Photo: Free Press Journal · view original

Mumbai: State-owned telecom company Mahanagar Telephone Nigam Limited (MTNL) has approved the sale of its property in Powai, Mumbai, to the Income Tax Department for Rs 891.53 crore. The decision was approved by the company's board, MTNL said in a regulatory filing on Thursday. Powai Property Spa...

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