GN Bureau | October 7, 2015
The Public Enterprises Selection Board (PESB) has invited applications for the post of chairman and managing director (CMD) at state-owned Power Finance Corp. Ltd (PFC). The company’s current head M.K. Goel will retire in September next year, people familiar with the matter said. “PESB invites application for the post of CMD, Power Finance Corporation Ltd,” the government headhunter said.
“Last date of receipt of applications... is 9 December 2015,” it added. Goel who was director (commercial) of PFC was given the additional charge as CMD on 13 September 2013. He was formally appointed as CMD on 22 January this year. The government had appointed Goel as CMD “for a period of five years or till his superannuation, whichever is earlier,” PFC had said in a release earlier. “He has been holding the additional charge of CMD, PFC w.e.f. 13 September 2013 in addition to his regular charge of director (commercial), PFC,” the company had said. Goel has been with PFC for more than 26 years.
PFC, an infrastructure finance company, is engaged in providing financial assistance to state power utilities for meeting the financial and development requirements of the power sector.
In the organized manufacturing and service sector, employment is expected to increase from the current 38 million to 46-48 million by 2022, a new study has found. All the new forms of employment are expected to add a further 20% - 25% to the workforce of the current deﬁned “or
A day before a Supreme Court bench takes up petitions opposing mandatory Aadhaar linkage with several government services, the government has withdrawn its December 31 deadline to link Aadhaar with bank ac
A wide swathe of economic activities was nationalised in India after independence, and especially during Indira Gandhi’s prime ministership, for predominantly political reasons. But state ownership was also justified as a way to correct market failures, increase investible surpluses, and pursue wider
Calling for improved communication in the field of science and technology, eminent scientist and chairman, National Innovation Foundation, Dr Raghunath Mashelkar has said that it is important to advance knowledge and people need to know how that knowledge is for their own good. “Public awaren
Did the Rajasthan health department do the right thing by sending data on Muslim staff to centre?
Three in four abortions in India are through drugs from chemists and informal vendors rather than from health facilities, said a report in The Lancet. An estimated 15.6 million abortions were performed in the country in 2015, reports The Lancet in its latest released paper on ‘Inciden