PUBLIC SECTOR HEADHUNTER

union-minister-alleges-lobby-behind-campaign-against-psu-sale

Union minister alleges lobby behind campaign against PSU sale

When the government is eying to raise Rs 2.1 trillion through disinvest to put the economy on track, Union minister Rajkumar Singh stirred a hornets nest by alleging that a lobby is campaigning against PSUs and wants their privatisation.

The minister started off by taking aim at the power sector but he soon expanded scope of his remarks. He spoke about Air India too when he said that he would not speak about its proposed privatisation, he largely encounters state-owned airlines when he travels overseas.

The Centre hopes to raise Rs 2.1 trillion in 2020-21 financial year by divesting stakes in some state-owned companies. Process of selling its entire stake in Air India has already started however earlier effort failed. Singh lashed out at what he termed the lobby that keeps speaking out against PSUs.

14 Feb 2020
three-psus-get-new-cmd-and-directors

Three PSUs get new CMD and Directors

The Appointments Committee of the Cabinet (ACC) cleared the appointments to the post of CMD and Director in three Central PSUs:

  1.  S K Jha (Director, MIDHANI) appointed as Chairman & Managing Director of Mishra Dhatu Nigam Limited till his retirement i.e. 29.02.2024.
  2.  Satendra Kumar Gomasta (GM, Northern Coalfields Ltd) to the post of Director (Technical), Central Mine Planning & Design Institute Limited (CMPDIL) till the date of his superannuation i.e. 30.09.2023.
  3. Nirlep Singh Rai (ED, NFL) appointed to the post of Director (Technical) in the National Fertilizers Limited till his superannuation i.e. 31.08.2022. He may take charge on April 01, 2020. 

12 Feb 2020
union-minister-alleges-lobby-behind-campaign-against-psu-sale

Union minister alleges lobby behind campaign against PSU sale

By IndianMandarins 14 Feb 2020

When the government is eying to raise Rs 2.1 trillion through disinvest to put the economy on track, Union minister Rajkumar Singh stirred a hornets nest by alleging that a lobby is campaigning against PSUs and wants their privatisation.

The minister started off by taking aim at the power sector but he soon expanded scope of his remarks. He spoke about Air India too when he said that he would not speak about its proposed privatisation, he largely encounters state-owned airlines when he travels overseas.

The Centre hopes to raise Rs 2.1 trillion in 2020-21 financial year by divesting stakes in some state-owned companies. Process of selling its entire stake in Air India has already started however earlier effort failed. Singh lashed out at what he termed the lobby that keeps speaking out against PSUs.

three-psus-get-new-cmd-and-directors

Three PSUs get new CMD and Directors

By IndianMandarins 12 Feb 2020

The Appointments Committee of the Cabinet (ACC) cleared the appointments to the post of CMD and Director in three Central PSUs:

  1.  S K Jha (Director, MIDHANI) appointed as Chairman & Managing Director of Mishra Dhatu Nigam Limited till his retirement i.e. 29.02.2024.
  2.  Satendra Kumar Gomasta (GM, Northern Coalfields Ltd) to the post of Director (Technical), Central Mine Planning & Design Institute Limited (CMPDIL) till the date of his superannuation i.e. 30.09.2023.
  3. Nirlep Singh Rai (ED, NFL) appointed to the post of Director (Technical) in the National Fertilizers Limited till his superannuation i.e. 31.08.2022. He may take charge on April 01, 2020. 

moil:-patnaik-will-replace-patnaik

MOIL: Patnaik will replace Patnaik

By IndianMandarins 20 Jan 2020

The public-sector head-hunter on Monday selected P V V Patnaik (ED, MOIL Limited) for the post of Director (Commercial), MOIL Limited. Subject to requisite clearances and ACC approval Patnaik will replace T K Patnaik, the outgoing Director retiring in July this year.

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. 

(CLICK TO READ RELATED STORY)

posoco:-barpanda-selected-for-director-post

POSOCO: Barpanda selected for Director post

By IndianMandarins 24 Dec 2019

The public-sector head-hunter on Monday selected Sudhanshu Shekhar Barpanda (ED, POSCO) for the post of Director (Market Operations) Power System Operation Corporation Limited (POSOCO).

Subject to requisite clearances and ACC approval Barpanda will replace P K Agarwal, the outgoing Director retiring June next year.  

bbj:-mukesh-kumar-selected-for-director-post

BBJ: Mukesh Kumar selected for Director post

By IndianMandarins 05 Dec 2019

The public-sector headhunter on Thursday selected Mukesh Kumar for the post of Director (Finance) Braithwaite Burn & Jessop Construction Company Ltd (BBJ). Presently, he is working as Deputy General Manager, Projects & Development India Limited.

Subject to requisite clearances and ACC approval Mukesh Kumar may replace R K Mitra; the outgoing Director (Finance) BBJ retiring June next year. 

bbj:-mukesh-kumar-selected-for-director-post

BBJ: Mukesh Kumar selected for Director post

By IndianMandarins 05 Dec 2019

The public-sector headhunter on Thursday selected Mukesh Kumar for the post of Director (Finance) Braithwaite Burn & Jessop Construction Company Ltd (BBJ). Presently, he is working as Deputy General Manager, Projects & Development India Limited.

Subject to requisite clearances and ACC approval Mukesh Kumar may replace R K Mitra; the outgoing Director (Finance) BBJ retiring June next year. 

pesb:-rear-admiral-mital-to-assume-charge-on-january-01

PESB: Rear Admiral Mital to assume charge on January 01

By IndianMandarins 04 Dec 2019

Indianmandarins has reliably learnt that Rear Admiral Shekhar Mital (Retd), former CMD of Goa Shipyard Ltd, may take over as Member, Public Enterprises Selection Board (PESB) on January 01, 2020. The NaMo administration had announced his appointment as Member, PESB on 18.11.2019.

At present the Board has only one Member (former CRB M K Gupta) which along with the Chairman (former Petroleum Secretary K D Tripathy) merely completes the mandatory corum for selection interviews. Mital’s presence on Board would ease out the selection for CPSEs. Recently, selection for Board-level positions in CPSEs were on hold for want of the ‘corum’ as the lone Member M K Gupta was on long leave which kick-started on December 02; the first selection after November 15.      

The four member Board, headed by Chairman, requires one more Member to gather full-strength for which selection committee has already made its recommendation in the month of October. 

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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.