The board of state-run BSNL has proposed to sell 10 per cent of the government’s 100 per cent stake in the company through an initial public offer.
A senior BSNL official said discussions are going on for a 10 per cent dilutions and the management is aware of the obstacles from the union.
The management would talk […]
The deadlock between the Government and the employees union of Bharat Sanchar Nigam Ltd on the proposed Initial Public Offering continued after two rounds of meeting held over the last week, reports The Hindu Business Line.
BSNL union talks on IPO deadlocked
Liberated from the Left and buoyed by the trust vote, the government has initiated steps to put state-owned telecom major BSNL’s proposed $10 billion listing back on track.
ET has learnt that the finance ministry has asked BSNL to go ahead with laying the groundwork for the country’s largest-ever listing. Top BSNL sources confirmed that the […]
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