Top corporates gear up to split CMD post; smaller ones give tenures beyond Sebi deadlineMany companies have sought shareholders' approval for extending tenure of their CMDs.
42 posts of CMDs, MDs vacant in key CPSEsPosts are vacant due to varying reasons including decision to not fill up some posts because of the company being loss making/ sick, scrapp...
Government mulls splitting CMD post in PSU banks from 2015-16The central bank had also said CMDs often dominate the board during their tenure and therefore it also recommended that the post of CMDs be...
Appointment of 8 PSU bank heads likely by November-endThe interview process would be objective and transparent, sources said, adding that the interviews of eligible candidates would be held in ...
Government cancels appointment of 8 state-run bank CMDs, 14 EDsFinance Ministry said decision was taken after a committee set up to examine selection process to posts of CMDs/EDs of Public Sector Banks ...
CVC seeks power to initiate action against banks' CMDs, EDsIt has also sought powers to initiate penal action against them, if they are found guilty of corruption, even after their retirement, they ...
Ex-coal ministers asked for money for CMD post: P C Parakh, former coal secretaryParakh said politicians openly asked for money for appointing CMDs of PSUs and certain members of parliament had become "extortionists and ...
Finance ministry considering proposal for fixed term for PSU bank chiefsRecently, the Finance Ministry turned down the Reserve Bank's proposal to bifurcate the post of Chairman and Managing Director in public se...
Finance Ministry rejects RBI's proposal to bifurcate CMD's post in PSBsFinance Ministry has turned down the Reserve Bank's proposal to bifurcate the post of Chairman and Managing Director in public sector banks.
New Delhi Institute of Management ventures into CSRNew Delhi Institute of Management, has ventured into CSR learning in a big way, honouring 17 CMDs of India’s Maharatnas & Navratnas.
18 CMDs posts in Central PSUs lying vacantA total of 18 Chairman-cum-Managing Directors post in top Central Public Sector Undertakings, including NHPC, NMDC, are lying vacant.
Praful Patel for 3-yr tenure for CMDs of public sector unitsMinister of Heavy Industries and Public Enterprises Praful Patel today pitched for fixed tenure of at least three years for CMDs of public ...
Cabinet secretary AK Seth meets CPSE heads to fast-track proposed investmentsCabinet secretary has met with heads of CPSEs in batches to resolve issues flagged by them and fast-track their proposed investments.
- Govt eases eligibility criteria for appointment of CMDs
The government has eased the experience clause to 6 months from earlier requirement of at least 12 months, official sources said.
- Tejas successfully test fires Chaff and Flares
After the successful release of another R-73 missile, the test aircraft Tejas LSP-4 today test fired 'Chaff and Flares' .
- No CMDs in PSUs
Separate posts for Chairman & MD for listed cos will improve governance.
- MHA to hold phone cos CMDs liable for unverified J&K users
Sending a stern message to mobile service operators in J&K, the Union home ministry has threatened to make their CMDs liable for any unveri...