Monday, 12 August 2013

I-T refund, drop in costs may help BSNL cut losses

State-run Bharat Sanchar Nigam Ltd (BSNL)
is likely to narrow its annual losses in the year ended March 31
to about Rs 8,100 crore,
helped by an income-tax refund and a dip in costs,
even as its revenue continues to slip,
a top company executive said.

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