BSNL listing may be announced in budget...

A statement of intent for BSNL's proposed listing may be announced inthe upcoming budget, according to a top official in the communications ministry.
According the one of the EU leader, the department of telecom and BSNL would work on the IPO after the budget seession is over. The proposal for the IPO was submitted last year.
Once the IPO is announced, the government will go ahead with the listing even if a section of the employees are opposed to it...
BSNL, MD Mr.Goyal, once the government takes a decision on the IPO, then we will convince the unions. The major union is supposed to agree for IPO. Even last year, when we held talks, there was a section of the union that was willing to consider it. I think they if we explain the move in perspective they will come on board.

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