26 top slots in Public Enterprises are being filled

   Newsroom24x7 Desk New Delhi: The Public Enterprises Selection Board has started the process to fill more than two dozen top-level posts in different Government of India owned public enterprises. Applications have been invited for 26 CMD or Director ;level vacancies in Government of India administered public sector undertakings. The deadline to apply for these posts is between…

IndianOil launches Indane NANOCUT – A superior ‘Make in India’ LPG metal cutting solution

Newsroom24x7 Desk New Delhi: In another pioneering move, Indian Oil Corporation, India’s flagship energy major, has introduced Indane NANOCUT, a high-therm cutting gas for industrial applications in metal cutting segment. While launching the product, B Ashok, Chairman, IndianOil, said, “The breakthrough nanotechnology additive developed by IndianOil R&D Centre shall give a huge boost to the…

State Governments offering to sell 10 year securities

Newsroom24x7 Desk Mumbai, Feb. 6: Thirteen State Governments have offered to sell 10 year securities by way of auction for an aggregate amount of Rs. 11,620 crore at Face Value. The states offering to sell 10 year securities by auction to raise between  Rs. 1000 crore to Rs. 1500 crore are Gujarat, Karnataka, Kerala, Madhya…

Global CEOs call on PM

newsroom24x7Desk New Delhi, Feb. 2: A group of CEOs including Anshu Jain of Deutsche Bank AG, Dieter Zetsche of Daimler AG, Kurt Bock of BASF, Heinrich Biersinger of Thyssen Krupp, Yngve Slyngstad of Norgos, and Feffrey Jaensubhakiji of GIC AM; called on the Prime Minister Narendra Modi today. The CEOs appreciated the economic reform initiatives…

Vodafone case opens the gate to non-adversarial tax regime

Newsroom24x7 Analysis The Bombay High Court’s order in the transfer pricing case linked with British Telecom giant Vodafone has helped Government of India reiterate commitment for a non-adversarial tax regime and leave a positive impact on foreign investors. Following the High Court ruling in the Vodafone case, the Union Cabinet led by Prime Minister Modi, was prompt…

The outlook is stable for Tata Motors Limited

Newsroom24x7 Desk Mumbai, Jan. 30: The consolidated profile of Tata Motors Limited (TML) is expected to remain strong over the medium term despite its large capex plans (FY14 Capex: INR 269bn) says Fitch Ratings. Fitch expects the capex to be funded largely from TML’s operational cash flows supported by the continuing sound operations of Jaguar Land…

Sudhir Sharma will be Director (Exploration), ONGC Videsh Ltd

Newsroom24x7 Desk New Delhi, Jan. 28: Sudhir Sharma, GGM OVL/ONGC will now be Director (Exploration) in ONGC Videsh Limited. He was interviewed at a selection meeting by the Public Enterprises Selection Board yesterday. Others interviewed, along with Mr. Sudhir Sharma, for the post of Director (Exploration) in ONGC Videsh Limited were A.K. Deshwal, ED OVL, Ashutosh Bhardwaj,…