Tender mercies

Image
Business Standard New Delhi
Last Updated : Jan 21 2013 | 1:39 AM IST

Management experts will tell you that a loss-making company requires a nimble organisation, especially when it operates in a competitive market. But here’s a reason state-owned MTNL, the hugely overstaffed telecom service provider in Delhi and Mumbai with losses of over Rs 2,800 crore, may be challenged in that respect. It’s the age-old public sector tendering system. Among a long list of tenders on its website, the top one is for “modifications in toilet at R o [residence of] CMD MTNL House 8 Raisina Road New Delhi”. Talk about legacy issues!

More From This Section

First Published: Jan 12 2012 | 12:45 AM IST

Next Story