BSNL to Create Special Purpose Vehicle for Selling Real Estate and Reducing Debt
The government is mulling to transfer land assets and loans of loss-making BSNL to a special purpose vehicle in an effort to make the state-owned telecom firm a debt-free entity. As per a new PTI report, employees Union of BSNL, however, has alleged that the land parcels proposed to be transferred to the SPV at a value of Rs 20,210 crore are at prime locations of big cities and are... Read More