Topics in this digest:
1. Fw: BSNL IPO in Second Half 2010-2011
From: surinder mittal
2. Atleast Hakim Singh (The God Of Punjab,s TTA) (Raj thackeray of BSNL
From: surinder kumar
Messages
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1. Fw: BSNL IPO in Second Half 2010-2011
Posted by: "surinder mittal" mittals3_surinder@yahoo.com mittals3_surinder
Date: Fri Mar 12, 2010 8:22 am ((PST))
--- On Thu, 11/3/10, s. mittal <mittals3@yahoo.com> wrote:
From: s. mittal <mittals3@yahoo.com>
Subject: BSNL IPO in Second Half 2010-2011
To: rkataria1972@gmail.com, ak_hello@yahoo.co.in, "bihari" <bn9676@yahoo.co.in>, bpskkp@yahoo.co.in, bsnlletters@yahoo.com, dev_c2000@yahoo.com, dev2006@gmail.com, email13@gmail.com, "vishnu goyal" <goyalvishnu_2000@yahoo.co.in>, "hem" <hem_bsnl@yahoo.co.in>, jatinder261@gmail.com, jtocc@rediffmail.com, jyoti786@rediffmail.com, maansaha@yahoo.com, mathavakutti@yahoo.com, mittals3_surinder@yahoo.com, naresh1654_bgarh@yahoo.co.in, naveen.mehta@ambujacement.com, nk28ahuja@yahoo.com, rajendrabsnl@yahoo.co.in, sampad_swain2002@yahoo.co.in, sandeep_bsnl123@yahoo.com, sandip4net@yahoo.co.in, sandipkmodi@rediffmail.com, shailesh_dhande@rediffmail.com, shailly1979@gmail.com, sidheshgauns@yahoo.com, sjd_4u@yahoo.com, sonalmalviya_12@yahoo.com, sonalmalviya12@gmail.com, successlalu@yahoo.com, "tejas" <tejas_tadsare@yahoo.co.uk>, ttabsnl@yahoogroups.com
Date: Thursday, 11 March, 2010, 7:51 AM
NEW
DELHI: The government has set the ball rolling for listing of telecom behemoth
BSNL. The department of disinvestment (DoD) is writing a letter to the
department of telecom, seeking to know the listing plans for
BSNL.
The DoD is keen to see at least 10% disinvestment of government
stake in the company in the coming fiscal. A top level committee had also
recently suggested that the government should divest 30% stake in the telecom
PSU that is struggling in the face of aggressive competition from private
players.
"We would like the department of telecommunications to
firm up its plans on divesting stake in BSNL soon. If we get the go ahead from
them, then we would like to launch the initial public offering of the PSU in the
second half of 2010-11," a senior government official told
ET.
The DoD, which is finalising the roadmap for the
government's stake sale programme for 2010-11, is of the view that given
BSNL's poor financial health, it is essential to list it on the bourses
soon.
"This will not only bring in some revenue to the
government but will also help BSNL. Listing on the bourses helps PSUs take
decisions faster and compete with the private sector," the official
added.
Apart from BSNL, the government is keen to divest stake in
about 10 other PSUs in 2010-11, including Satluj Jal Vidyut Nigam, Engineers
India, Hindustan Copper, Steel Authority of India and Manganese Ore India, as it
looks to meet a target of Rs 40,000 crore from stake sales. The issue was also
flagged by the Sam Pitroda Committee in its recent report on restructuring
operations of the PSU. It had suggested that for the company to compete with
private players, the government needs to divest 30% stake in BSNL either through
an initial public offering or through a strategic sale.
In recent
years, the company has been rapidly losing market share because of its inability
to add capacity. In 2008-09, its profits amounted to a mere Rs 575 crore on
revenues of Rs 35,811.92 crore. In a major blow to its expansion plans, BSNL
recently scrapped the controversial tender for 93 million GSM lines.
Incidentally, the BSNL Board had cleared a plan to divest 10%
through an initial public offering in 2008 as well, but the move was shelved
because of opposition from the employee unions. The stake sale was expected to
raise about Rs 10,000 crore.
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2. Atleast Hakim Singh (The God Of Punjab,s TTA) (Raj thackeray of BSNL
Posted by: "surinder kumar" surinder_er@yahoo.com surinder_er
Date: Fri Mar 12, 2010 8:26 am ((PST))
Friends i am sorry to right this because a person who completely wants to be RAJ thackeray of SNATTA BSNL PUNJAB at least saying that people from jalandhar had submitted money. The person who threaten us for money says give me 6000 otherwise I wil not sent any name of yours and talked in Raj thackeray style for supporting only punjabi ground not a logical ground seems he want to be GOD. This is all because we had submitted whole 2600 rupees of my thirteen friends directly to chq account as our TTA Friends don't trust hakim Singh who had already taken a lot of money from us never sent that money to chq. Just think this time why he is writing bcos nobody bothered about this crook. He had never taken care of new friends too they will suffer all because of this person. Every body in Our circle knows the reality of Hakim singh so don't worry friends he will be like this only.
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