Question: Mahanagar Telephone Nigam Limited (MTNL) was set up by the Government of India on …
(a) 1st March, 1986
(b) 1st April, 1986
(c) 25th March, 1986
(d) 1st January, 1990
Ans: (b)
Related Fact :
- On 1st March, 2017, P K Purwar was appointed Chairman and Managing Director of state-run telecom major Mahanagar Telephone Nigam Limited (MTNL).
- The Appointments Committee of the Cabinet has approved his appointment to the post for five years.
- Purwar is currently working as Director (Finance) in MTNL. The company had been without a full-time CMD since May 31, 2014, following superannuation of A K Garg.
- About MTNL:
MTNL was setup on 1st April, 1986 by the Government of India to upgrade the quality of telecom services, expand the telecom network, introduce new services in India ‘s key metro cities of Delhi & Mumbai. - MTNL is the principal provider of fixed-line telecommunication service in the two Metropolitan Cities of Delhi and Mumbai. It offers mobile services in the city of Delhi including four peripheral towns Noida, Gurgaon, Faridabad & Gaziabad and the Mumbai city along with the areas falling under the Mumbai Municipal Corporation, New Mumbai Corporation and Thane Municipal Corporation.
- The authorized capital of the Company is Rs. 800 crores. The Paid up Share Capital is Rs. 630 crores divided into 63 crore share of Rs. 10 each. At present, 56.25% equity shares are held by President of India and remaining 43.75% shares are held by FIIs, Financial Institutions, Banks, Mutual Funds and others including individual investors.
- MTNL has been given Navratna status in 1997 and was listed in New York Stock Exchange in 2001.
- MTNL was also associated with the Common Wealth Games (CWG)-2010 as its Official Telecom Partner to set up a world class communication infrastructure to meet out the broadcast and telecom requirement of the event.
Reference:
http://mtnl.in/aboutus.htm
http://indiatoday.intoday.in/story/p-k-purwar-appointed-mtnl-cmd/1/894695.html