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BSNL REVIVAL PLAN
DoT to seek FinMin nod for second BSNL VRS, to cut workforce by 35%The Department of Telecommunications (DoT) plans to seek finance ministry approval for a second voluntary retirement scheme (VRS) at Bharat...- Government may delist MTNL to merge with BSNL“Since MTNL is a listed company, the process takes time. The transaction advisor will have to go through the process related to the merger ...
- BSNL LoI given to 5 local telecom firms for participation in 4G tender: MoS TelecomAccording to a BSNL notice issued in January, the company had proposed to test the quality of Indian telecom equipment before letting them ...
- Government has no plan to close down BSNL, MTNL: DhotreThe revival plan includes reduction in employee costs through a voluntary retirement scheme (VRS) for the employees of age 50 years and abo...
- 1300 BSNL staff from Assam circle opt for VRSIn a statement, BSNL said that “VRS has been implemented all over India as part of the revival plan. Across the country, 1800 employees opt...
- BSNL, MTNL won't be closed, efforts being made to revive them: Govt in Rajya SabhaTelecom Minister Ravi Shankar Prasad said as part of a revival plan for BSNL and MTNL, there will be optimal utilisation of land and other ...
- GoM constituted to expedite implementation of Rs 69,000 cr revival plan of BSNL, MTNL: SourcesA seven-member Group of Ministers has been constituted to fast-track & oversee implementation of the plan.
- Govt trying to revive BSNL, MTNL, make them professionalCommunications minister Ravi Shankar Prasad informed Rajya Sabha that in order to revive the public sector units BSNL and MTNL, the VRS sch...
- MTNL shares hit upper circuit on Rs 69,000 crore revival planProceeds of the sovereign bonds issue will be used to restructure debt and meet other expenses.
- BSNL, MTNL to be merged; Cabinet approves four-way revival planTelecom Minister Prasad said that government wants to make these companies more competitive.
- BSNL to roll out 4G services by the end of March 2020BSNL Chairman and Managing Director P K Purwar said that BSNL should be able to launch 4G services by the end of this financial year. "The ...
- BSNL CMD expects revival plan to be in public domain within a monthBSNL Chairman and Managing Director P K Purwar said they are passing through turbulent phase which they expect to overcome in a couple of m...
- Revival plan under government's active consideration: BSNLBSNL's loss is estimated to be around Rs 14,000 crore with a decline in revenue to Rs 19,308 crore during 2018-19.
- PMO seeks clarity from high-level panel on revival of MTNL, BSNLThe direction has come after the finance ministry raised objections to a proposal moved by the telecom department (DoT) for reviving the tw...
- DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: SourceDistressed telecom PSUs MTNL and BSNL have been making losses and have faced challenges in clearing staff salaries in the recent past.
- Lack of 4G, staff costs slow down BSNL, MTNL in data race“Indian Institute of Management, Ahmedabad and Deloitte were engaged to facilitate the preparation of revival or restructuring plans for BS...
- Government allocates projects worth Rs 25,000 crore to BSNLThe big projects include laying of optical fibre based network dedicated for use by Defence worth Rs 13, 334 crore and Rs 6,500 crore for e...
- No plan to disinvest in BSNL, MTNL: GovernmentGovernment today said there is no proposal to disinvest stake in BSNL and MTNL as part of their revival strategy.
- Ravi Shankar Prasad asks Fin Min to hasten I-T refund to BSNLIn parallel, the Telecom Commission (TC) is taking steps to arrange an early Rs 6,794 crore refund for BSNL's surrendered 4G airwaves.
- MTNL, BSNL face total debt of over Rs 21,000 croreIt was Rs 12,983 crore as of March 31, 2012, Parliament was informed today. For BSNL, it was Rs 3,335 crore, and MTNL — Rs 9,648 crore.
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