Shares of #MTNL lead the gains in telecom stocks after the government gave its approval to spend up to Rs 1,64,156 crore to revive #BSNL.

#MTNL rise over 11.5%, most in over three weeks.

#MTNL defaults on payment of ₹37.50 cr to Punjab & Sind Bank

#MTNL: #PNB downgrades loan account to #NPA