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Top related persons:
Vivekanand Subbaraman - 1 Sakshi Dayal - 1 Rama Venkat - 1 Krishna N - 1 Dhanya Ann Thoppil - 1
Top related locs:
Kolkata India Chowdhuri BENGALURU New Delhi Bengaluru
Top related orgs:
Nigam Ltd - 1 REUTERS - 1 Sanchar Nigam Ltd - 1 BSNL - 1 Tata Consultancy Services - 1 5G - 1 Reliance Industries - 1 Bharti Airtel - 1

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2 mentions found


☆ India cabinet approves $11 bln revival plan for state-owned BSNL
  + stars: | 2023-06-07 | by ( Rama Venkat | ) www.reuters.com   time to read: +2 min
[1/2] A man speaks on his mobile phone as he walks past a Bharat Sanchar Nigam Ltd (BSNL) advertisement painted on a wall outside its office in Kolkata, India, August 24, 2017. REUTERS/Rupak De ChowdhuriBENGALURU, June 7 (Reuters) - India's cabinet on Wednesday approved an 890.47 billion rupee ($10.79 billion) revival package for loss-making Bharat Sanchar Nigam Ltd (BSNL) to help the state-owned telecom operator deploy 4G and 5G services in a market dominated by private players. "With this revival package, BSNL will emerge as a stable telecom service provider focused on providing connectivity to remotest parts of India," the cabinet said in a statement. Debt-laden BSNL, grappling with poor infrastructure, has been posting losses for the past 12 years. The losses narrowed to 69.82 billion rupees in the year ended March 2022 from 74.41 billion rupees a year ago.
Persons: Vivekanand Subbaraman, Sakshi Dayal, Rama Venkat, Krishna N, Dhanya Ann Thoppil Organizations: Nigam Ltd, REUTERS, Sanchar Nigam Ltd, BSNL, Tata Consultancy Services, 5G, Reliance Industries, Bharti Airtel, Vodafone, Das, Thomson Locations: Kolkata, India, Chowdhuri BENGALURU, New Delhi, Bengaluru
☆ India's TCS receives $1.83 bln-worth advance purchase order from BSNL
  + stars: | 2023-05-22 | by ( ) www.reuters.com   time to read: 1 min
[1/2] A private security guard stands at the exit gate of the headquarters of Tata Consultancy Services (TCS) in Mumbai, India October 13, 2016. REUTERS/Shailesh AndradeBENGALURU, May 22 (Reuters) - Tata Consultancy Services (TCS.NS) on Monday said it received an advance purchase order valued over 150 billion rupees ($1.83 billion) to deploy a 4G network across the country from Indian state-run telco Bharat Sanchar Nigam Ltd (BSNL.NS). ($1 = 81.7800 Indian rupees)Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.
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