DoT may offer Rs 11,000 crore to revive BSNL
The department of telecom (DoT) is planning to offer a soft loan to the tune of Rs 11,000 crore to the loss-making state-run telecom operators Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL). This seems to be a move to address BSNL's concerns about taking on MTNL's mammoth debt on its books. As on March 31 (2014), the total debts in the books of BSNL and MTNL stand at... Read More