Recently the GOI announced a revival plan for BSNL for Rs 89 K Cr. In my, view the plan just falls short of unlocking the full value. One analogy could be that someone climbing Everest stops pursuing the peak just a few meters short of the target. Let me explain what I mean.
BSNL will find it hard to get 4G customers
In a notable move, the Government of India (GOI) converted the interest payment obligations of Vodafone Idea (VI) during the...
Recently the GOI decided to convert the VI’s interest payment obligations during the moratorium period into preferential equity. Doing so...
This note is a follow-up to my earlier writings on this topic. The first one is titled — “The Collateral...
Normally, businesses routinely go bankrupt — driven mainly by wrong financial decisions or a host of uncontrolled factors such as...
