BSNL chief said that payments for July salary were supported from internal accruals, in this case revenue generated from operations
Distressed telecom PSUs MTNL and BSNL have been making losses and have faced challenges in clearing staff salaries in the recent past
Salary of employees is credited to their accounts on the last date of every month. However, this is for the second time the two companies have defaulted on payment of salaries this year
HR and other issues need to be sorted out by the panel that will decide the fate of the two PSUs
Dues from Vodafone totalled Rs 19,823.71 crore while Reliance Communications owed a total of Rs 16,456.47 crore
The protestors sought the Collector K Rajamani's intervention in the issue and submitted a memorandum to him
The fire outbreaks - which occurred in all these buildings on the same day - were controlled by the fire departments, and no casualties were reported
Ravi Shankar Prasad said the government is working on a proper package for improvement of state-owned telecom companies
The company's revenue is pegged at around Rs 19,308 crore for 2018-19, compared with Rs 25,071 crore in 2017-18 and Rs 31,533 crore in 2016-17
Future recruitment in the company would be on contractual basis, saving the company pension payment in the coming years
The plan offers an exit package to thousand of employees, including an additional 5% compensation to make the VRS attractive
With more than 700,000 route km, valued at over Rs 50,000 crore, BSNL has the largest optic fibre network among all telcos
The company has cleared around Rs 750 crore for salaries
The panel will revisit spectrum usage charges and the report is expected in two weeks
BSNL posted operating profit of Rs 672 crore in 2014-15, Rs 3,885 crore in 2015-16, and Rs 1,684 crore in 2016-17
This will help the company stay afloat till the Centre finalises its revival plan
Employees of BSNL may be asked to end their service at 58 years
With Ray retiring in a week, it would essentially be Shrivastava and Bansal at the helm
PSU likely to get 4G spectrum on a revenue-neutral basis
The telco would be allotted 2100 MHz band at market price