Steel Authority of India Ltd (SAIL) Chairman & Managing Director C S Verma fails to get extension. His five-year tenure ended on Wednesday. Steel Secretary Rakesh Singh (IAS:1978:PB) to take temporary charge as SAIL CMD.
Mr. Verma was appointed SAIL chairman & managing director in June 2010. He still had four years before turning 60, the age for superannuation. He was eligible for an extension. The government has denied an extension to Mr. Verma as CMD, SAIL.