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Bloomberg Quint

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Image Credit: Bloomberg Quint

MTNL Share Price Snaps Three-Day Fall As Company Approves Voluntary Retirement Scheme

  • MTNL share price snapped its three-day fall and rose following the company's approval of a voluntary retirement scheme
  • The company aims to reduce employee costs by offering a voluntary retirement scheme to employees aged 45 years and above
  • In the quarter ended September, the company reported an employee benefit expense of Rs 145.96 crore
  • Before the rise, the stock had fallen nearly 8% in three sessions

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