Management stepping for IPO....

On Monday the talks with the government Management presented their views against for IPO. Management is going to talk with the Governement who already proposed for 10 % to sell and list BSNL shares in the market. Management is saying that it would help the company to gain $10 billion when compare to BSNL worth $100 billion.
Mangement is not yet confirm that how much will this benifit the company when this proposal agreed.
On BSNL's plan to add as amazing 93 million GSM lines, Mr sri A raja Minister for communication and IT said he would review the process and ensure full transparency in the tender exercise. Asked whether he would as BSNL not to place orders till such a review was completed, the Minister said " let me first go through the files and only then can take decision."
At the same time Management appealed to the Employees union for talks to list 10% BSNL shares for public.
This means management is slowly moving towards IPO... with great efforts...