The Hindu Business Line  Apr 21  Comment 
The industry that once gave us Arati from Ray’s Mahanagar is gearing up for a new work from the makers of the conformist, misogynistic money-spinners Belaseshe and Praktan
The Hindu Business Line  Mar 17  Comment 
Shares of Mahanagar Telephone Nigam jumped as much as 7 per cent in early trade after a parliamentary panel suggested the merger of state-run telecom firms BSNL and MTNL for their long-term survival.
Automotive World  Mar 16  Comment 
The OEMs threaten dire consequences if the standards remain in place, while the environmental groups issue similar warning if they are dialled back. By Megan Lampinen The post All sides warning industry future at stake as EPA reopens MTE...
The Hindu Business Line  Mar 12  Comment 
Healthy volumes and cost benefits are likely to sustain profit growth
The Hindu Business Line  Feb 8  Comment 
CD EquisearchMahanagar Gas (Accumulate)CMP: ₹922.65Target: ₹1,067According to the US energy Information Administration India Report, 2016, India was the third largest energy consumer in the world aft...
The Hindu Business Line  Jan 2  Comment 
Mahanagar Gas, in association with Eco Fuel, the Indian partner of Italy’s Lovato, has launched in Mumbai compressed natural gas kits for two-wheelers, which offer safe and economical fuel. In an exc...
The Hindu Business Line  Dec 4  Comment 
Mumbai-based city gas distributor Mahanagar Gas continued its good run in the recent September 2016 quarter. Aided by healthy volume growth and lower cost of sourcing gas, the company’s profit rose a...
The Hindu Business Line  Dec 3  Comment 
IGLSocial hikes CNG price by Rs 1.85/kg in Delhi and Rs 2.15/kg in Noida, Greater Noida and Ghaziabad.
The Economic Times  Nov 30  Comment 
Other stocks in the index include Tata Coffee, Tamil Nadu Newsprint, Somany Ceramics, Shilpi Cable, Reliance Communications and Nilkamal, KNR
The Hindu Business Line  Nov 29  Comment 
City gas distributor Mahanagar Gas Ltd (MGL) has reported a 10.28 per cent increase in its net profit to ₹ 102.25 crore for the September quarter, compared to ₹ 92.73 crore for the June quarter.The co...


Mahanagar Telephone Nigam Limited (NYSE: MTE) is an Indian telecommunications company competing in the high growth industries of mobile communications and internet service. Mahanagar was the original monopoly provider of fixed-line telephone services in Mumbai and Delhi, but has since the mid 1990s and the opening up of the Indian telecom industry, faced rapid growth and subsequent consolidation of private sector competition.[1] The Indian government continues to hold 56.25% of the company's equity shares despite the government's stated strategy of moving towards open-market policies and their simultaneous granting of licenses to Mahangar's competitors.[2]


  1. MTE 2007 20-F, Item 4: Information on the Company, page 10-49
  2. MTE 2007 20-F, Item 7: Major Shareholders and Related Party Transactions, page 70-71
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