MTNL chairman resigns

NEW DELHI, INDIA: The chairman of Indian state-run telecom Mahanagar Telephone Nigam Ltd, 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 per cent in a Mumbai market.