Can new CMD PK Purwar revive MTNL?

FINALLY the state-run telecom major Mahanagar Telephone Nigam Limited (MTNL) has got its regular CMD as the Appointments Committee of the Cabinet has approved the appointment of PK Purwar to the post for five years.
Purwar is currently working as director (finance) in MTNL, which has been without a full-time CMD since May 31, 2014, following superannuation of A K Garg.
Purwar held the additional charge of the post of MTNL CMD between June 2014 and June 2015. In June 2016, Purwar was again given this additional charge.
A process has been underway for long time to find a new...