Tata is separating management from shareholding control.
Government headhunter PESB on Friday did not find anyone suitable from nine candidates, including two serving IAS officers, to head India's largest oil and gas producer, ONGC. The Public Enterprise Selection Board (PESB) interviewed 9 out of the 10 candidates who had applied for the post of chairman and managing director of Oil and Natural Gas Corporation (ONGC). "Keeping in view the strategic importance and vision for the company and its future, the Board did not recommend any candidate and decided to constitute a Search Committee," PESB said in a notice after interviews. Those interviewed included senior bureaucrats Avinash Joshi and Niraj Verma.
But even if we set aside suspicions of future nepotism, the search committee could have saved itself a lot of time if it had taken that decision from the start.
Inordinate delays by the government in making appointments for crucial posts in Reserve Bank of India and State Bank of India have resulted in slower policy decision-making. For more than two months now, the deputy governor's position has been vacant in Reserve Bank of India. Usha Thorat, one of the four deputy governors of the central bank, retired on November 10.
Likely to select from 3 shortlisted; follows Sanjeev Kaushik's refusal to take the job if made to retire from IAS
The ruling Bharatiya Janata Party in Madhya Pradesh on Saturday warned of legal action against Congress general secretary Priyanka Gandhi Vadra over her social media post, in which she accused the saffron party-led government in the state of indulging in corruption.
Even as the government is trying to park politicians on the boards of 'Navratna' companies, an official committee has cleared names of people like Tata Sons chairman Ratan Tata for appointment as independent directors on the board of HAL.
Highlights of the government's new Lokpal Bill
The explosive, however, remained "undetected" during the demining exercise conducted a day before the attack on Wednesday, they said.
Isro says the controversial S-band spectrum deal is not the reason for the restructuring
Abandoning its attempts to push politicians on the board of Navratna companies as independent directors, the government has nominated four experts to the board of Bharat Heavy Electricals Ltd.
His resignation as chairman of the government's skill development agencies triggered talk that he may be headed back to the Tata Group where a search committee is looking for a full-time chairman.
Tamil Nadu electricity minister was arrested under the Prevention of Money Laundering Act (PMLA), official sources said, making him the first minister in the M K Stalin-led government to face such an action from a central agency.
Tata Sons cuts retirement age of non-executive directors from 75 years to 70.
The executive board of the Indian School of Business (ISB) has appointed Ajit Rangnekar as the new Dean of the ISB for a term of five years.
Amid suggestions aplenty, including from a former Tata Group veteran to choose someone from within the Tata family to head the conglomerate, incumbent chairman Ratan Tata on Friday said only the best would succeed him.
Rescuers hunting for the crashed AirAsia plane on Friday detected 'pings' believed to be from its crucial black box, a top Indonesian official said, raising hopes of unravelling the mystery of the deadly crash.
A team of tax department officials is undertaking the raids against Jadhav, also the chairman of the BMC standing committee, since early morning, they said.
Prof U B Desai, Prof M K Surappa, Prof Sudhir Kumar Jain, Prof Prem Kumar Kalra, Prof Madhusudan Chakroborty and Prof Anil Bhowmick will head the IITs at Hyderabad, Ropar, Gandhinagar, Rajasthan, Bhubaneswar and Patna respectively. The search committee of ministry of HRD had earlier selected these academics to head the new IITs.
If a 15 seconds-long mic problem merits a case being registered, then the police risk an avalanche of complaints of similar and greater gravity, seeking their intervention, notes Shyam G Menon.
"Dialogue is the only solution to the ongoing crisis in Manipur," Shah said.
The opposition leaders are expected to meet at Leader of Opposition in Rajya Sabha Mallikarjun Kharge's office in the Parliament complex around 10 am, sources said.
Arun Kumar Singh, former chairman of oil refining and marketing company BPCL, was on Wednesday appointed chairman and managing director of ONGC -- the first instance of a retired person being appointed the head of a Maharatna PSU. "The Appointments Committee of Cabinet (ACC) has approved the proposal of ministry of petroleum and natural gas for appointment of Arun Kumar Singh, ex-CMD, BPCL as chairman, ONGC for a three-year tenure with effect from the date of his assumption of charge of the post," an official order said. PTI first reported of Singh's appointment on November 17.
Shah said for the first time in India's history, Modi prioritised security, peace and development in the northeast and as a result of it, the region is now rapidly heading on the path of peace and development.
The Enforcement Directorate on Friday launched fresh raids in connection with its money laundering investigation into alleged irregularities in the now-scrapped Delhi excise policy, official sources said.
There's an entire gurdwara dedicated to immigration. People present tiny airliner models here in the hope that Waheguru will soon give them a ticket, passport and visa to leave, reveals Shekhar Gupta.
Witnesses and media have reported that smokes were still coming out from the sight despite claims by the fire fighters to have douse the fire.
Dr Guleria was appointed as the director for a term of five years on March 28, 2017.
Executives from private companies such as Shell and Blackstone are likely to be invited for interviews for the post of chairman and managing director of state-run Oil and Natural Gas Corporation.
The passengers included 10 foreigners, according to the state-run Nepal Television.
Mansingh, a 1970-batch IAS officer from Gujarat cadre, was the number one choice for the post of chairman of PRB at the screening done by the Search Committee headed by Planning Commission Member (energy) Kirit Parikh, top officials said.
The Securities and Exchange Board of India (Sebi) has proposed stricter disclosure norms for certain foreign portfolio investors (FPIs) to bring in more transparency and trust against the backdrop of the Adani-Hindenburg Research saga. Under the new norms, FPIs with an exposure of more than 50 per cent to a single group or with assets of over Rs 25,000 crore will be tagged as 'high risk' and will be required to provide additional information such as full identification of their ownership, economic interests, and control rights. A failure to provide these disclosures will lead to invalidation of the FPI registration.
Gujarat Chief Minister Bhupendra Patel on Monday held a review meeting as well as took stock of the ongoing rescue operation after the suspension bridge over Machchu river collapsed on Sunday.
Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved.
P Dasgupta was on Thursday appointed the managing director and CEO of Petronet LNG Ltd, India's largest liquified natural gas importer.
The South African and another unnamed foreigner have emerged prime contenders for the job of India coach.
Papalpreet Singh, the mentor of absconding Waris Punjab De (WPD) chief Amritpal Singh who was caught by the police in Amritsar district, was brought to Dibrugarh in Assam, over 2500 km away from the northern state, and lodged in the central jail along with seven others of the pro-Khalistan outfit on Tuesday.
In order to prevent "unwanted elements" from entering the party with an aim of contesting up coming Lok Sabha polls, the Aam Aadmi Party has formed screening committees, both at the national and the state level.