October 3, 2008

MAHANAGAR TELEPHONE: Disputes DOT’s Claim for Late Contributions

COMPANIES: Mahanagar Telephone Nigam Ltd
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Mahanagar Telephone Nigam Ltd. is contesting the Department of Telecommunications’ INR1.738 billion claim for delayed payment of the Leave Salary and Pension Contributions.

On the formation of the Company, employees were deputed to the Company on deemed deputation status from DOT…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US | Telecommunications Services
LOCATIONS: Asia, Pacific Rim | India