The Department of Telecommunications (DoT) has said that BSNL’s listing will not take place until its financial performance improves. In a correspondence with the Public Accounts Committee, DoT has said, “The issue of listing would be taken after the performance of BSNL improves to get the right valuation and after obtaining the views of different stakeholders, like staff union and associations.”? The disinvestment in BSNL will clear the route for an IPO and consequent listing on the stock exchanges. Moreover, granting Navratna status to BSNL will also be considered only after its listing.
