The Hindu Business Line  Oct 9  Comment 
Assured cheap supply and robust demand boost prospects for this city gas distributor
The Economic Times  Sep 23  Comment 
The brokerage expects the company's robust growth to sustain given the relative under-penetration in Mumbai, commissioning of Raigad area and improving gas economics versus alter natives
The Hindu Business Line  Sep 7  Comment 
Turnaround of its petrochemical business and a partial stake sale in Mahanagar Gas Ltd has boosted GAIL (India) Ltd’s net profit for the first quarter of fiscal 2016-17 to nearly four times more than ...
The Economic Times  Sep 2  Comment 
Mathur said that so far they have given connections to 8.82 lakh household, and they plan to add at least another one lakh connections in Mumbai this year.
The Hindu Business Line  Aug 5  Comment 
We see tremendous opportunity as the government is trying to promote cleaner fuels, says Rajeev Mathur
The Economic Times  Jul 12  Comment 
This was yet another IPO after Mahanagar Gas, which saw huge listing gains. Mahanagar Gas earlier this month had listed at Rs 540 on BSE
The Economic Times  Jul 4  Comment 
L&T Infotech is set to hit the market next week, and there are reports that six insurers are preparing to launch public offers worth multi-billion dollars.
The Hindu Business Line  Jul 1  Comment 
Mahanagar Telephone Nigam has received an income tax refund for assessment year 2000-01 amounting to ₹112.95 crore. The amount includes ₹52.35 crore towards interest on the refund, it said. The tele...
The Economic Times  Jul 1  Comment 
Mahanagar Gas, promoted by state-run GAIL and British Gas Asia Pacific Holdings, made an offer for sale of up to 24,694,500 equity shares of Rs 10 each.
The Hindu Business Line  Jul 1  Comment 
The Hindu Business Line  Jun 30  Comment 
Shares of Mahanagar Gas, which mopped up ₹1,040 crore through its IPO, will get listed on the NSE and the BSE on Friday. British Gas and GAIL, promoters of Mahanagar Gas, sold 1.23 crore equity share...


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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