• ‘My Story’ by Com. Jyoti Basu
  • About
  • Settlement of Medical Bills of Pensioners
  • Historic Victory!
  • Disclosure Policy

VAN Namboodiri's Blog

~ Welcome to V.A.N. Namboodiri's blog…

VAN Namboodiri's Blog

Tag Archives: profit

BSNL increases its Market Share – Congratulations!

29 Saturday Dec 2018

Posted by VAN NAMBOODIRI in BSNLEU

≈ Leave a comment

Tags

BSNL, market share, profit

Despite cut throat competition and government favour to private telcos and discriminating BSNL, the latter has increased its market share both in total connections ( mobile + Land line) and also in mobiles. There is a slight decrease in the land lines.

From 9.66 % market share in mobiles in 2016 BSNL has increased it to 12.64 % in 2018. In the total it is 9.59% in 2016 to 10.48% in 2018. The loss in land lines is from 58.63% to 52.64%, which is mainly due to the change over from landlines to mobile.

This increase in the market share is mainly due to extra effort made by the BSNL management and BSNL workers under the leadership of AUAB. Hearty Congratulations!

But unfortunately the total loss has increased  to Rs.4844 crore. While there were five circles ie. Andaman – Nicobar, J and K, Karnataka, Kerala, and Odisha in profit last time, it has been reduced to two circles ie. Andaman and Kerala only this year. Kerala’s profit has also been reduced from R. 584 crore to 373 crores.

The main reasons for this downfall are demonetisation, GST, favouring of Reliane Jio and other telcos by the government, discriminationg and ignoring its own company, BSNL, by not allotting 4G Spectrum, not allowing to take loans for expansion etc.

The government should allot 4 G spectrum immediately, allow BSNL to take loans, reduce the pension contribution to be paid by the BSNL on the basis of actual pay instead of maximum of the pay scale, The various payments to the government should be allowed in more installments as allowed to private telcoms etc. The government should also direct all the central, state governments as well as central/state PSUs only to avail the services of BSNL and MTNL. The vacant buildings and quarters should be rented to the state government/PSUs etc. Various departments of the government will be able to have training classes etc. in the ALTTC, BRAITT, RTTCs  etc. Monetisation   of unused plots also can be made made, of course, taking in to consideration future developments.

Prime Minister is reported to have stated ‘ PSUs are born to die’. We don’t agree. BSNL is born to live and improve and become a mighty and efficient service.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Air India Express posts Rs. 62 crores profit in 2014-15

03 Saturday Sep 2016

Posted by VAN NAMBOODIRI in PSU

≈ Leave a comment

Tags

Air india, profit

Air India

Congratulations to the workers and management of Air India. The Air India Express section of the Air India has declared profit of Rs. 62 crores for 2014-15. This is the first time that it had posted profit since last about 10 years since its inception in 2005.

The increased number of people flying and the low cost of fuel has helped the Air India resulting in profit. It is expected that Air India will be able to increase the profit this year.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

AAI revenue increased, get profit!

02 Thursday Jun 2016

Posted by VAN NAMBOODIRI in General, PSU

≈ Leave a comment

Tags

AAI, profit, PSU

Another loss making PSU has made profit. Airport Authority of India (AAI), which was struggling hard to revive has posted an envious revenue of Rs.10,000 crore and a profit of Rs. 2,537 crores for 2015-16. This is glad news.

Despite the fact that the government has handed over four major profit-making Airports ie. Delhi, Mumbai, Bengaluru and Hyderabad  to private players which created major loss of revenue to AAI, it has come back with good revenue and profit in this financial year.

Hearty Congratulations to the management and workers of AAI!

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Good News! BSNL gets more operational profit in 2015-16

30 Monday May 2016

Posted by VAN NAMBOODIRI in BSNL, BSNLEU, Forum, Uncategorized

≈ Leave a comment

Tags

BSNL, Forum, profit

As per CMD BSNL, Shri Anupam Shrivastava, BSNL has got a revenue of Rs. 30,000 crore in 2015-16 and an operational profit of around Rs. 2,000 crores. The following circles have posted profit: Andaman & Nicobar, Jammu & Kashmir, Karnataka, Kerala and Odisha. Andaman and Nicobar and Karnataka are the circles which joined the profit making circles this year. These glad news have been conveyed to the Core Committee of Forum by the CMD.

The joint effort of the management and the employees are making good results. Let the other circles also try to get profit by next year.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

The new Finance Year started – BSNL Revival should be speeded up

01 Friday Apr 2016

Posted by VAN NAMBOODIRI in BSNL - Better Service to the Nation, BSNL News

≈ Leave a comment

Tags

BSNL, profit, revenue, SWAS

The New Financial Year 2016-17 has started from today, 1 April 2016. According to the CMD BSNL, there would be about Rs. 30,000 crore as Revenue and Rs. 672 crores as operational profit. This is good but not sufficient. In the new year we should get more revenue and profit. “Service With A Smile” programme should be effectively implemented. The Government should be pressurised to make payment to BSNL the Rs.6,000 crore for spectrum surrendered, Rs. 1,250 crore allotted by USOF and the Income Tax refund of around Rs. 8,000 crore so that BSNL can purchase equipment and expand services.
The government should support its own company instead of the private companies, which are only interested in garnering more and more profits.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

BSNL Revenue increased 2.29 % in 2015

27 Sunday Dec 2015

Posted by VAN NAMBOODIRI in BSNL - Better Service to the Nation, BSNL News

≈ 4 Comments

Tags

BSNL, profit

BSNL’s revenue report data shows that the overall revenue of the company (till Nov-2015) has increased by 2.29 percent compared to last year. However, BSNL has observed that the overall revenue has declined in many circles compared to the same period previous year. ( Telecom News).

This is not sufficient. More % of increase is necessary to make the company  profitable.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Cochin Ship Yard in Profit – Pays Dividend of Rs. 16.99 crore

29 Tuesday Sep 2015

Posted by VAN NAMBOODIRI in PSU

≈ Leave a comment

Tags

Cochin Shipyard, profit

The public sector Cochin Shipyard Limited has paid a dividend of Rs.16.99 crore to Union Government for the seventh consecutive year. The dividend cheque was handed over to Nitin Gadkari, Union Minister for Shipping, by K Subramaniam CMD, CSL.

In addition, the yard has also contributed Rs.190 crore to the exchequer by way of VAT, Income Tax, Fringe Benefit Tax, Excise Duty, Customs Duty and Service Tax during the year 2014-15 (Business Line).

Cochin Ship Yard is one more PSU, continuing in profit. Congratulations!

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Kerala Circle increases its profit this year

04 Sunday May 2014

Posted by VAN NAMBOODIRI in BSNL News, BSNLEU

≈ 2 Comments

Tags

BSNL, Kerala, profit

Kerala is one BSNL circle which has maintained the profitability all these years, even when there has been loss almost in every circle. Kerala had posted Rs, 284 crore in 2012-13. Now it is understood that the profit for 2013- 14 will be around Rs. 400 crore.

Our hearty congratulations for Kerala Circle and the workers there. If Kerala can make this  progress, all other circles can also do the same thing. In many circles, the loss has come down. It is the route to make profits in future.  Let all of us put our best for the people, for BSNL.

 

 

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Congrats to Public Sector Banks and their Workers for sustained growth

21 Friday Feb 2014

Posted by VAN NAMBOODIRI in General

≈ Leave a comment

Tags

NPA, profit, PSU Banks

Whatever the government may say about the Public Sector Banks, it is on record that there is steady growth. Despite the thousands of crores of bad loan/NPA, the profit of the banks are on the rise. The following statistics for the last few years show the steady growth of the PSU Banks.
Year Profit in crores
2008-09 Rs. 33,514
2009-10 Rs. 38,225
2010-11 Rs. 43,250
2011-12 Rs. 47,483
2012-13 Rs. 48,700

The bad loans which are given the label ‘Non-Performing Assets’ (NPA) have also increased. From Rs. 39,030 crore in 2007-08, it has increased to Rs. 1,64,461 crore in 2012-13. The defaulters are mainly the big corporates and the big business. You can see the name of all the big corporates in the defaulters list. A leader of the Bank Employees has stated that about 50% of the bad loans are by the 30-40 top corporates of the country and the central govt. is supporting them by not taking any action against them. Despite these huge bad loans the PSU Banks are in profit.
Hearty congratulations to the PSU Banks and their workers!

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Air India may post profit in 2013-14 – Minister

15 Wednesday May 2013

Posted by VAN NAMBOODIRI in PSU

≈ Leave a comment

Tags

Air india, profit, PSU

Civil Aviation Minister Ajit Singh has stated that Air India may post profit of about Rs. 1,040 crore in 2013-14. According to the Minister, the revenue for 2013-14 will increase to rs. 19,393 crores from the 2012-13 revenue of rs. 16,130 crores.

This is good news! Air India is in loss for the last few years, even for 2012-13.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Welcome to my blog…

Welcome to my personal blog. Kindly let me know your comments and suggestions...

Blog Stats

  • 1,478,636 hits till today

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 3,312 other followers

Facebook link

Facebook link

Flag Counter (Latest)

free counters

Tag Cloud

78.2% 78.2% IDA AIBDPA Air india black money Bonus BSNL BSNLCCWF BSNLEU BSNL for Better Service BSNL strike Casual labour CEC CG employees CITU closure CMD CMD BSNL Contract workers corruption CPI(M) Cuba death anniversary Defence Delhi Dharna Disinvestment DOT EPF EPFO FDI Forum Gratuity Greece India India corruption Kerala Left Parties Merger Minimum Wage MTNL National convention NCCPA NPA opposition Palestine Parliament. Parliament March penalty pension Pensioners privatisation Protest PSU PSU Banks PSUs Railways Revival of BSNL Save BSNL SBI SC Spectrum Spectrum Auction strike Telecom Telecom TU Movement Tower company TRAI US VII CPC Vodafone W.Bengal Wage revision wages WFTU

Categories

  • 2G Scam Corruption
  • AIBDPA – BSNL DOT Pensioners
  • AUAB
  • B.N.Ghosh Book
  • BSNL
  • BSNL – Better Service to the Nation
  • BSNL News
  • BSNLCCWF – Casual and Contract workers
  • BSNLEU
  • CG Employees
  • CITU
  • coal gate scam
  • Corruption
  • CTU
  • Disinvestment
  • Forum
  • General
  • General Elections 2014
  • History
  • IDA
  • Independence Struggle
  • India Left
  • Kerala
  • Kerala floods
  • Kerala LDF Government
  • Left News
  • Membership Verification
  • NCCPA
  • Neo-liberal policy
  • News
  • Obituary, Tributes
  • P&T TU History
  • P&T TU Movement
  • Parliament
  • Pension
  • Politics India
  • Post
  • Postal Service
  • Price Rise
  • privatisation
  • PSU
  • Railway
  • Railway
  • SAVE BSNL CAMPAIGN
  • SCFWA
  • Spectrum
  • Sustained struggles
  • Telecom
  • Telecom TU Movement 1991-2015
  • Train Journeys
  • TU News
  • TU News – India
  • TU News – International
  • TU News – Telecom specific
  • TUI of P&R
  • TUI of Pensioners and Retirees
  • Uncategorized
  • VII CPC
  • VII Membership Verification
  • VISIT THE PAST
  • Wage Revision BSNL – 2017
  • WFTU
  • Women
  • WORLD NEWS

Blogroll

  • BSNLEU CHQ Website

Archives

  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • July 2010

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Pages

  • ‘My Story’ by Com. Jyoti Basu
  • About
  • Disclosure Policy
  • Historic Victory!
  • Settlement of Medical Bills of Pensioners
  • RSS - Posts
  • RSS - Comments

Create a free website or blog at WordPress.com.

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.
Cancel

 
Loading Comments...
Comment
    ×
    Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
    To find out more, including how to control cookies, see here: Cookie Policy
    %d bloggers like this: