Business Standard

Tatas accuse govt of raw deal on VSNL

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Thomas K Thomas New Delhi
 The Tata group has accused the government of not giving it a chance to negotiate the compensation package for Videsh Sanchar Nigam Ltd (VSNL) while advancing the deadline for opening up the international long-distance sector by two years to 2002.  It has now asked for fresh incentives, including extension of the agreement with Bharat Sanchar Nigam Ltd (BSNL) for routing its international long-distance traffic.  Company executives told Business Standard that the government had firmed up the compensation package before the group acquired control of VSNL in February 2002.  Pointing out the series of events prior to VSNL

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First Published: Aug 25 2003 | 12:00 AM IST

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