Rs. 90 crore dividend pays by MTNL
Mahanagar Telephone Nigam Limited (MTNL), the government owned cellular service has paid Rs 90 crore dividend to the government for fiscal 2004-05.
Chief Managing Director of MTNL R.S.P. Sinha presented the cheque of Rs 88.59 crore to Minister of Communication and Information Technology Dayanidhi Maran.
The company declared 45 percent dividend on its paid up equity capital of Rs. 630 crore for the financial year 2004-05.