Signage for Bharat Sanchar Nigam Ltd. (BSNL) is displayed atop the company’s head office in the Churchgate area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Prime Minister’s Office Intervenes To Bail Out BSNL, MTNL

The Prime Minister’s Office is learnt to have agreed in principle to bail out loss-making public sector telecom firms Mahanagar Telephone Nigam Ltd. and Bharat Sanchar Nigam Ltd. by addressing thei...