An official said Justice Pradip Kumar Mohanty, a judicial member of Lokpal, has been given additional charge of the post of chairperson.
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
State Higher and Technical Education Minister Chandrakant Patil also said that the government will introduce four-year degree courses from June 2023 as mandated under the National Education Policy and the universities will have to implement the decision.
Alka Mittal has been appointed interim chairman and managing director of Oil and Natural Gas Corporation (ONGC) - the first woman to head the country's largest oil and gas producer. Mittal replaces Subhash Kumar, another interim head who retired after reaching superannuation age on December 31. "The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Petroleum and Natural Gas for entrustment of additional charge of the post of chairman and managing director (CMD), ONGC to Alka Mittal, director (HR), ONGC for a period of six months with effect from January 1, 2022, or till the appointment of a regular incumbent to the post, or until further order, whichever is the earliest," the Department of Personnel and Training (DoPT) said in an order dated January 3, 2022.
The search committee will forward the names to the selection committee comprising the Prime Minister, the Chief Justice of India or his nominee, Lok Sabha Speaker, the leader of the largest opposition party and an eminent jurist.
HDFC Bank is on a global search to find a successor to the founding-chief executive Aditya Puri, as he would turn 70 next year.
The government on Monday appointed former Sebi member Madhabi Puri Buch as chairperson of the Securities and Exchange Board of India.
Kannur University Vice-Chancellor Gopinath Ravindran on Monday said that he will not tender his resignation as sought by Kerala Governor Arif Mohammad Khan, who had a day earlier sought the resignation of vice chancellors of nine universities in the state.
Kerala Governor Arif Mohammed Khan's move to seek the resignation of vice-chancellors of nine universities has kicked up a huge political storm in the southern state with Chief Minister Pinarayi Vijayan on Monday issuing a stern warning to the Constitutional head asking him not to cross the limits of his powers.
'He will go to any extent, and he will have the full support of the Union government as they may not like a Left government to continue here.'
Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and affordable housing. At that time, key executives at both entities denied any such proposal. And today, the merger has been officially announced by the two players.
The post of the chief of the Central Vigilance Commission, the country's anti-corruption watchdog, was lying vacant since June last year after K V Chowdary completed his tenure.
The AG said that the names for the search committee have not been finalised yet.
The Supreme Court Bar Association has written to Chief Justice of India NV Ramana expressing anguish at the non-consideration of names of its members for elevation as judges in various high courts.
Former oil secretary Tarun Kapoor, present and former chairmen of ONGC and a former director of IOC, are among over a dozen people who have applied for the top job at the oil and gas regulator, PNGRB, sources said. Kapoor, who superannuated as Secretary to the Ministry of Petroleum and Natural Gas last month, is the most prominent name in the list of 13 persons who have applied to become the chairman of Petroleum and Natural Gas Regulatory Board (PNGRB). Oil and Natural Gas Corporation (ONGC) chairman and managing director Subhash Kumar and his predecessor Shashi Shanker are also in the race and so is G K Satish, who superannuated as Director for Planning and Business Development from Indian Oil Corporation (IOC) a couple of months back.
A media report in the run up to the board meet had mentioned the names of Sashidhar Jagdishan, Kaizad Bharucha and Sunil Garg as the ones who had made the cut. Jagdishan and Bharucha are internal candidates, while Garg is working with American banking major Citigroup.
The Centre has asked all states to set up special search committees to find out talented people who could be nominated for Padma awards but so far have been left out of consideration despite their exceptional contributions.
The finance ministry has put out an advertisement seeking applications from eligible candidates for the post and gave just two weeks against the usual practice of three months. Further, the tenure of the watchdog is again being extended to five years.
This is reportedly the first time that the names recommended by a search committee have been shot down by the HRD ministry
The Department of Personnel and Training has expedited efforts to select seven members and chairperson of the Search Committee for Lokpal, official sources said.
Taking the first step towards appointment of Lokpal, the government has decided to modify rules to give more powers to the search committee mandated to recommend names for appointment of chairperson and members of the anti-corruption body.
In yet another embarrassment to the government, former Supreme Court judge K T Thomas on Monday turned down the offer to head Lokpal search committee, days after jurist Fali Nariman opted out of the panel.
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.
Rajan was expected to join the search committee to appoint three external members of a new six-member RBI Monetary Policy Committee
The government will go ahead with the appointment of chairperson and members in Lokpal once search committee rules are amended, Union Minister Jitendra Singh said on Thursday.
The government is learnt to have deleted the term 'minorities' from the Lokpal Bill with regard to the provision of having 50 per cent quota in the Lokpal bench and the Search Committee.
The finance ministry has received about 100 applications for the post, which have been sent to the high-level panel that will select a suitable candidate for the post, sources said.
The fresh plea has sought a direction to the Centre for appointment of the Lokpal.
The Centre has declined to divulge details of persons who have applied for the posts of chairperson and members of anti-corruption body Lokpal, saying these are "personal" in nature and cannot be disclosed.
Justices Dilip B Bhosale, Pradip Kumar Mohanty, Abhilasha Kumari and Ajay Kumar Tripathi have been appointed as judicial members in the anti-corruption ombudsman.
Justice Ghose, who retired from the Supreme Court in May 2017, is a member of the National Human Rights Commission.
The current Chairman UK Sinha's term comes to an end in February next year.
The bank board had decided to launch an enquiry to be headed by an "independent and credible person", to examine and enquire into an anonymous whistle blower complaint alleging that the bank MD & CEO had not adhered to code of conduct
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.
The Supreme Court on Monday sought response from the Centre on a petition filed by an NGO questioning the entire selection process for appointment of chairperson and members of the Lokpal and seeking its stay.
Raising strong objections to the "highly improper" procedure adopted by the Union government in making key appointments to the posts of Lokpal, Bharatiya Janata Party leader Arun Jaitley has charged the department of personnel with diluting the role of the Selection and Search Committees.
Search panel to shortlist candidates soon.
Said to be considering a 2nd term for RBI deputy governor
Tata is separating management from shareholding control.
Highlights of the government's new Lokpal Bill