Wednesday, December 1, 2010

BSNL-stake-sale-Telecom-panel-still-undecided

he Telecom Commission, the apex decision-making body of the communication ministry, on Tuesday failed to take a final decision on a strategic 30% stake sale in state-owned BSNL, as suggested by a committee headed by technocrat Sam Pitroda.

The Telecom Commission met on Tuesday after new Communications Minister Kapil Sibal decided to get cracking on reviving ailing BSNL, which recently announced a loss of Rs 1,823 crore for the year to end-March, its first ever in its 10-year history as a corporate entity.

Top officials from Sibal’s ministry met their counterparts from the finance ministry, Planning Commission, I-T, the department of Industrial policy & promotion amongst others on the issue, which ended inconclusively, officials aware of the development said. 

 economictimes-.BSNL-stake-sale-Telecom-panel-still-undecided

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