March 12th, 2015 10:09 AM 21 COMMENTS

Government to shut down MTNL and 5 other loss making PSU’s ?

As we predicted some months back, the Government will be in its move in shutting down a bunch of losses making PSUs which also includes the state-run telecom MTNL. India has totally 251 PSUs amongst which 65 are reportedly put under the scanner for being the loss-making ones. The five PSUs which will be closed down include HMT which was one of the early pioneers in manufacturing watches and tractors... Read More

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