Repeated attempts by the government and also management of the PSU have failed to bring the different associations to consensus on divesting government stake even as they (employees) have been lured with employees stock options at an attractive terms.
“We may first list BSNL on stock exchanges and then go for disinvestment,” a senior government official told PTI.BSNL’s valuation has been pegged at about $100 billion and the PSU has a paid up capital of about Rs 5,000 crore.
(Published 06 September 2009, 17:32 IST)
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