BSNL losses

In a big blow to thousands of employees and their families, BSNL Board has approved the firing of 54,000 employees from their company. This has been done to reduce losses, and to make sure that BSNL doesn’t shut down.

This is BSNL’s darkest hour, ever. State-run telecom carrier BSNL can be closed down by the Govt., in case losses doesn’t stop. Among other plans, disinvestment has also been suggested, which will allow private players to run the company.…