MTNL set to be revived as govt rules out its bankruptcy: Report

The government plans to revive Mahanagar Telephone Nigam Limited (MTNL) and has ruled out any bankruptcy or merger deal, NDTV Profit reported. A bailout package for MTNL is also being planned, the report added. This comes after MTNL was declared a 'Non-Performing Asset' (NPA) by several of its lenders due to its unpaid dues.