MTNL shares rally 19% as government clears Rs 16,000 crore asset monetization

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Shares of state-owned Mahanagar Telephone Nigam Ltd (MTNL) jumped as much as 19.2% to Rs 56.8 on the BSE on Wednesday, following reports that the government had approved the monetization of the company's assets worth Rs 16,000 crore, clearing the way for debt repayment and operational restructuring.

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