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India's MTNL chairman resigns - report

Tue Jan 12, 2010 8:25am EST

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NEW DELHI, Jan 12 (Reuters) - The chairman of Indian state-run telecom Mahanagar Telephone Nigam Ltd (MTNL.BO)(MTE.N), has resigned, the Press Trust of India news agency reported on Tuesday.

"Yes, I have put in my papers," R.S.P. Sinha told the agency, The PTI report was carried on the Business Standard's website.

Reuters could not contact Sinha for a comment.

The PTI said Sinha, who was 18 months away from retirement, did not speak about reasons for his stepping down.

MTNL shares closed down 5.1 percent in a Mumbai market .BSESN that fell 0.6 percent. (Reporting by Devidutta Tripathy; Editing by John Mair)



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