NEWS Uttar Pradesh Govt. Transfers 29 Senior Police Officers
NEWS Cheque books of six SBI subsidiaries to be invalid soon
NEWS ONGC likely to relinquish CBM block in West Bengal
NEWS Banks told to scan a/cs of shell cos’ promoters, directors
NEWS ITDC jumps 14% as govt decides to exit three hotels
NEWS Government stake in NTPC drops to below 63%
NEWS Sensex, Nifty reverse gains as rupee sinks by 26 paise
NEWS Rupee drops by 26 paise to 64.53 against US dollar
NEWS 12 out of 15 Meghalaya Govt PSUs incur nearly Rs 400 cr loss

Daily Archives: August 16, 2017

CPM buccaneers use Sarkar to take a shot at Modi

Playing victim is an old game. Sometime it pays off; most of the time it doesn’t. But the trick has a large following – indeed, larger than life, because it’s the trick of last resort for all the losers of the world. Look at the CPM. It lost Bengal, but…

Rao appointed as Secy to Vice President

As Indianmandarins had reported on August 09, 2017 (see web-link below) I V Subbarao (Retd IAS:1979: AP) appointed to the post of Secretary to M Venkaiah Naidu, Vice President of India, on contract basis for a period of 2 years initially. Rao retired in Aug 2015 from the post of…

PESB selects Arora for Dir (Tech), THDC

The Public Enterprises Selection Board on Wednesday selected Harbans Lal Arora for the post of Director (Technical), THDC India Limited. Arora currently serves as ED, THDC India Ltd. Altogether seven candidates appeared before PESB for interview namely; Harbans Lal Arora, ED, THDC; Rajeev Kumar Vishnoi, ED, THDC; Ram Mishra, GM,…

Dozen candidates in fray for SEBI’s wholetime member

About a dozen candidates have thrown their hats in the ring for the post of a whole time member of SEBI. Among them are three current officials of SEBI and a former member. They are current SEBI Executive Directors J Ranganayakulu, SK Mohanty, Ananta Barua and a former whole time…

Panagariya sees NaMo administration on reforms track

Outgoing Niti Aayog Vice Chairman Arvind Panagariya believes that the NaMo administration is studiously following reforms. He points out that the closure of 18-20 sick public sector units (PSUs) have gone “very well”, even as he made a case for expediting privatisation of loss making state-owned companies. The Prime Minister’s…

GAIL’s Q1 PAT up 295%  

GAIL (India) Limited registered a 295% increase in profit after tax (PAT) in the first quarter of Financial Year 2017-18 versus the previous quarter Q4 FY17. GAIL’s Profit before Tax (PBT) for the quarter increased by 81% to Rs. 1,569 crores versus Rs. 866 crore in the previous quarter Q4…

STC is in peril

State Trading Corporation (STC) finds itself in a dire strait. After its CMD Khaleel Rahim was suspended in November 2016 twenty two months ahead of completion of five-year tenure, the company finds itself confronted with two vacant board-level posts of Director (Marketing) and Director (Finance). Although the PESB conducted interviews…

AYCL & HCL get new bosses, NB Gupta appointed Dir (Fin) PFC 

The Appointments Committee of the Cabinet on August 14 cleared the appointment of Debasis Jana and Santosh Sharma as CMD of Andrew Yule & Co and Hindustan Copper Corporation Limited. With these two appointments two Director-level positions have fallen vacant as Jana served as Director (Planning) AYCL and Sharma served…

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