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  • Govt sacks SECI CMD RP Gupta amid raft of controversies

    Gupta was at the helm of SECI from June 2023 and his tenure was supposed to end next month. The sudden termination order came even as the government is yet to initiate the process of finding a replacement.

  • Government scouts for CMDs for India's biggest power sector firms

    The appointments will come at a time when India is pulling out all the stops to meet its growing power demand with focus on renewable and nuclear energy

  • ITC board recommends second term for Sanjiv Puri as company CMD

    The company under Puri drove the 'ITC Next' strategy in the last four years encompassing digital acceleration, cost optimisation, investing in new growth vectors and ensuring supply chain agility, its officials said.

  • Invest India picks Manmeet Nanda as MD and CEO after Deepak Bagla steps down

    According to reports, Nanda will also continue serving in her current role as Joint Secretary, DPIIT, in addition to her new role.

  • Anurag Kumar appointed CMD of ECIL

    Kumar is at present ECIL's Executive Director.

  • Pradeep Singh Kharola appointed CMD of India Trade Promotion Organization

    Kharola, a 1985 batch Indian Administrative Service (IAS) officer of Karnataka cadre, retired as the Civil Aviation secretary in September last year.

  • GAIL appoints Sandeep Kumar Gupta as Chairman & Managing Director

    Before joining GAIL, Sandeep Kumar Gupta was working with India Oil Corporation (IOC) since 2019.

  • Sanjai Kumar takes charge as RailTel CMD

    He was earlier shouldering the responsibilities of Director (Network Planning and Marketing/NPM) with additional charge of Director (Project, Operations and Maintenance/ POM) in RailTel

  • Toshiba Transmission & Distribution Systems appoints Hiroshi Furuta as CMD

    With TTDI positioned as Toshiba's global manufacturing hub for its transmission & distribution equipment business, Furuta will lead TTDI to the path of next level of growth in India and overseas, a company statement said.

  • Additional Power Secretary Vivek Kumar Dewangan appointed as CMD REC

    New Delhi, May 19 Vivek Kumar Dewangan, an Additional Secretary in the Ministry Power, has been appointed as the CMD of state-owned REC Limited, ac..

  • Government representative on Air India board to handle day to day operations: Sources

    Senior officials in the Civil Aviation Ministry and Air India told Moneycontrol that S K Mishra the government-appointed director on the board of the airline will take over everyday operations until the government takes a decision about the privatization of the national carrier.

  • Govt scouts for new SEBI chief as Ajay Tyagi's term ends soon

    Applications will be accepted until February 10.

  • A K Shukla takes charge as CMD of Hindustan Copper

    A mining engineer graduate of 1985 batch from Indian School of Mines, Dhanbad, and M.Tech in Environmental Engineering, Shukla has a vast experience in the Indian mining industry.

  • BSNL eyes Rs 1,300cr savings this fiscal after VRS becomes effective: CMD

    "On the VRS (voluntary retirement scheme), on January 31, 2020, it will be effective. Our goal is that people who have applied for VRS, their application should be considered and approved..." BSNL Chairman and Managing Director P K Purwar told reporters.

  • MTNL remains relevant for telecom, its sustainability important for customers, market: CMD

    The comment assumes significance as loss-making telecom PSUs MTNL and BSNL are saddled with massive debt and have faced problems in clearing staff salaries in the recent past.

  • NMDC moved HC after exhausting all options in Karnataka: CMD

    NMDC suspended iron ore mining from its Donimalai mine in Karnataka following the state governments decision to impose 80 per cent premium on the ore sales from that mine whose lease has been extended by the government with effect from November 4 for a period of 20 years.

  • Government starts selection process for BSNL CMD post

    "PESB has invited names of qualified candidates for the post of CMD, BSNL by 15 hours on October 22, 2018," the Department of Telecom said in a note to heads of state-run firms under it.

  • Air travel from Delhi to remote areas set to get cheaper

    Presenting the Delhi budget for 2017-18, Deputy Chief Minister Manish Sisodia said the cut in VAT on ATF will be applicable for direct flights between Delhi and remote areas identified under the RCS scheme as per prescribed conditions.

  • United India, Oriental Insurance may get CMD posts filled soon

    The government is looking to quickly fill up top-level positions lying vacant at two of its public sector insurance firms -- United India Insurance and Oriental Insurance. These chairs of Chairman and Managing Directors have remained unoccupied for since June last year.

  • Andhra IAS officer Ramesh Babu to be Rural Electrification CMD

    Ramesh Babu, an MBBS and an Indian Administrative Service Officer of Andhra Pradesh cadre, is tipped to take over as Chairman and Managing Director of power sector-focused lender Rural Electrification Corp Ltd, according to sources. He is likely to take up his new assignment from January 1.

  • Aim to maintain dominant market share in India: GIC India

    The entry of foreign reinsurers does not pose any threat to our market share is the word coming in from Alice Vaidyan, CMD, GIC, India‘s largest reinsurer.

  • MAN Trucks India appoints Joerg Mommertz as CMD

    Mommertz began his career at MAN in 1991 as Service Manager and has held several management positions in Belgium, Scandinavia, Poland and Denmark.

  • Dip good for buying; set for low interest rate scenario: Oswal

    Going forward we are set for a low interest rate scenario with possibility of 25 basis points cut – maybe in October or December, said Motilal Oswal, CMD, Motilal Oswal Financial Services.

  • Public health a worry; privatisation a must: Kiran Mazumdar Shaw

    Speaking to CNBC-TV18 Kiran Mazumdar Shaw, CMD, Bicon, said that India still has a long way to go on the infrastructure front. “Public health is a major worry; it is under invested.” Mohandas Pai also spoke to the channel.

  • Bharat Forge eyes sales of 220,000 class 8 trucks this fiscal

    Speaking to CNBC-TV18 Baba Kalyani, CMD, Bharat Forge, said that the worst of North America truck orders is behind us. “A part of it is because of inventory correction and holidays are also over."

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