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air-india:-puri-to-meet-trade-unions-amid-sale-process

Air India: Puri to meet trade unions amid sale process

New Delhi: Amid government’s attempt to sell stake in Air India, trade unions of the aviation company are likely to demand a VRS package at their second meeting with Minister of State for Civil Aviation Hardeep Singh Puri. He is likely to meet over a dozen Air India unions including unrecognised ones.

This is for the second time in a month over airline's privatisation plans. The government is planning to float Expression of Interest (EoI) for selling its entire 100 per cent stake in the loss-making flag carrier some time next week.

The minister had made it clear that privatisation was the only option before the government at the first meeting on January 2, 2020 to keep the airline afloat and sought employees cooperation in carrying out the disinvestment process.

Puri had also told unions that he would call them again after the meeting of the ministerial panel on Air India disinvestment. The GoM led by Union Home Minister Amit Shah on January 7 approved the plan to invite EoI and the sale-purchase agreement for the disinvestment of the state-run carrier.

8 hours ago
mecon:-agrawal-selected-for-director-post

MECON: Agrawal selected for Director post

The public-sector head-hunter on Thursday selected Arun Kumar Agrawal (GM, MECON Limited) for the post of Director (Technical), MECON Limited

Subject to requisite clearances and ACC approval Agrawal will replace P K Sarangi, the outgoing Director retiring 31.05.2020.

16 Jan 2020
air-india:-puri-to-meet-trade-unions-amid-sale-process

Air India: Puri to meet trade unions amid sale process

By IndianMandarins 8 hours ago

New Delhi: Amid government’s attempt to sell stake in Air India, trade unions of the aviation company are likely to demand a VRS package at their second meeting with Minister of State for Civil Aviation Hardeep Singh Puri. He is likely to meet over a dozen Air India unions including unrecognised ones.

This is for the second time in a month over airline's privatisation plans. The government is planning to float Expression of Interest (EoI) for selling its entire 100 per cent stake in the loss-making flag carrier some time next week.

The minister had made it clear that privatisation was the only option before the government at the first meeting on January 2, 2020 to keep the airline afloat and sought employees cooperation in carrying out the disinvestment process.

Puri had also told unions that he would call them again after the meeting of the ministerial panel on Air India disinvestment. The GoM led by Union Home Minister Amit Shah on January 7 approved the plan to invite EoI and the sale-purchase agreement for the disinvestment of the state-run carrier.

mecon:-agrawal-selected-for-director-post

MECON: Agrawal selected for Director post

By IndianMandarins 16 Jan 2020

The public-sector head-hunter on Thursday selected Arun Kumar Agrawal (GM, MECON Limited) for the post of Director (Technical), MECON Limited

Subject to requisite clearances and ACC approval Agrawal will replace P K Sarangi, the outgoing Director retiring 31.05.2020.

rec-ltd-organises-a-health-camp-for-its-employees

REC Ltd organises a health camp for its employees

By IndianMandarins 17 Jan 2020

New Delhi: Owning up its social responsibility, REC Ltd, a Navratna NBFC, organised a health camp for its employees on January 16, 2020 at its corporate office in New Delhi. The camp included eye-checkup and consultation, ENT consultation, audiometry test, gynae consultation, diet consultation, blood pressure and blood sugar tests.


The camp was organised in collaboration with Max Healthcare Super Speciality Hospital. The session is one of the several initiatives the organisation is taking for promoting safety, wellness, productivity and leadership amongst its women employees. It was attended by women employees in large numbers.

overseas-carriers-unlikely-to-be-allowed-over-49%-stake-in-air-india

Overseas carriers unlikely to be allowed over 49% stake in Air India

By IndianMandarins 16 Jan 2020

The government is trying hard to sell stakes of Air India but overseas carriers are unlikely to be able to bid for more than 49 per cent of the national career. They won’t also get full operational control as Union civil aviation ministry has rejected a proposal to relax the Substantial Ownership and Effective Control (SOEC) clause. The Centre wants to privatise the state-owned national carrier but it failed to sell stakes of Air India in 2018.

 

The new owner of Air India will offer a VR) to employees. As per the approved plan, Air India will be put on sale along with low-cost international subsidiary Air India Express as well as a 50 per cent stake in ground-handling company Air India Singapore Airport Terminal Services. Alliance Air and the ground handling and engineering subsidiaries will be sold separately.

selection-of-member,-finance:-a-curious-case

Selection of Member, Finance: A curious case

By IndianMandarins 13 Jan 2020

For many others it is a puzzle but for many others it is luck as well. The public-sector headhunter on Friday selected K Vinayak Rao (IRAS:1987) for the post of Member (Finance) Airport Authority of India (AAI). Interestingly, Rao was initially not shortlisted for interview. If some well-placed sources are to be believed PESB revised the list on Wednesday and Rao got in. Many things matter for selection but sometime luck matters the most. 

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nbcc-bestowed-ibc-awards

NBCC bestowed IBC awards

By IndianMandarins 07 Jan 2020

Hardeep Singh Puri, Union Minister (I/C) for Housing and Urban Affairs, gave away IBC Awards for Excellence in Built Environment 2017-19 to NBCC (India) Ltd., a Navratna CPSE, on January 6, 2020. P K Gupta, CMD, NBCC received the award at a function held at Vigyan Bhawan, New Delhi. The Award was bestowed on NBCC for execution of the iconic project - Dr. Ambedkar International Centre, New Delhi.

eil:-mrs-shukla-selected-for-director-post

EIL: Mrs Shukla selected for Director post

By IndianMandarins 08 Jan 2020

The public-sector headhunter on Wednesday selected Mrs. Vartika Shukla for the post of Director (Technical), Engineers India Ltd. Presently; she is working as Executive Director, Engineers India Ltd.

Subject to requisite clearances and ACC approval she may replace L K Vijh, the outgoing Director retiring July this year.

ncl:-sinha-selected-for-director-post

NCL: Sinha selected for Director post

By IndianMandarins 07 Jan 2020

The public-sector headhunter on Monday selected Subrata Shekhar Sinha for the post of Director (Technical), Northern Coalfields Ltd (NCL). Presently, he is working as General Manager, South Eastern Coalfields Ltd.

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.