Latest News

MTNL CMD assumes additional charge of BSNL

Purwar has been appointed to the post by the government for a period of three months starting July 1, subject to the approval of the ACC

PSU Watch Bureau

New Delhi: MTNL Chairman and Managing Director (CMD) PK Purwar has assumed additional charge as the CMD of Bharat Sanchar Nigam Limited (BSNL) on Monday. Purwar has been appointed to the post by the government for a period of three months starting July 1, subject to the approval of the Appointments Committee of the Cabinet (ACC), for ensuring continuity at the struggling PSU.

An order released by the Department of Telecom (DoT) said, "Consequent to the retirement upon the superannuation of Anupam Shrivastava, CMD, BSNL, on 30.06.2019, in order to ensure continuity as an interim measure and subject to the approval of the ACC, the additional charge of CMD, BSNL, is entrusted to PK Purwar, CMD of MTNL, for a period of three months wef 1.07.2019 or till the appointment of a regular incumbent to the post or until further orders, whichever is earliest." Even though Purwar will hold the additional charge of the topmost position at BSNL, he will not be entitled to any additional remuneration.

His appointment to the post was approved by the Public Enterprise Selection Board (PESB) in January this year. The MTNL CMD is taking charge of the post at a time when both the state-run telecom companies are struggling to keep their finances in shape under stiff competition.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)

Cabinet approves Rs 62,500 crore for mobile phone PLI scheme 2.0

Foreign liquor retailers meet WB finance minister, seek policy reforms

Centre approves 2 highway projects for Varanasi; projects entail Rs 25,500 crore cost

Cabinet approves Rs 1.27 lakh crore for Semicon Mission 2.0

India-UK FTA to deliver tangible biz outcomes; hope trade jumps to $100 bn: Official