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whispersinthecorridors Online Print from origin : whispersinthecorridors.com > Archive > 5th Apr 2007 Thursday |
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He started his career with HPCL over three decades ago. He has handled various portfolios in Marketing, Corporate and HR of the oil major and possesses a rich experience in the oil sector. He also had a 5 year stint with the Oil Coordination Committee as Director - Planning. In his capacity as Director - Human Resources, Balakrishnan introduced a number of contemporary People Management initiatives. As a result the Corporation came to be acknowledged as one of the 'Best Employers in India -2004' in the study conducted by Hewitt Associates and CNBC- TV 18. Under his leadership, HPCL was also the recipient of 'Award in Best Work Place Practices' by Asian Forum for Corporate Social Responsibility, Philipines in 2004. HPCL also received the Golden Peacock National Training Award for 2005 and an award for Commitment to Building and Learning Organisation by Peter Senge in 2006. In the recent past, the All India Management Association has conferred a fellowship and the Institute of Engineers (India) have presented a Scroll of Honour for recognition 'of his outstanding contribution to the profession of Chemical Engineering'. Arun Balakrishnan feels "current ceilings on product pricing are not very helpful. Hence Finance will be a key focus area." His mind has many innovative ideas which he would share with the concerning authorities & world at an appropriate time. A relaxed but confident CMD of the oil major unfolded his aims and roadmap for steering the company to newer heights.Here goes his interview: 1/Will you please list your at least two priorities? I have taken over the mantle of HPCL from April 1. The transition itself was uneventful as the HP top team has always been well knit and professional. My predecessor M. B. Lal who superannuated on March 31, 2007, has bequeathed me a well managed Company with well thought out strategic objectives and proven processes. I am thankfull for that. 2/What are your expansion plans? As the months roll by, challenges will come by. The first and major one would be attracting and retaining talent. It takes about two to three years to train a fresh engineer on the intricacies of refinery operations.Same is applicable for ERP, Finance and HR. And someone comes and offers him/her three times what he/she gets. Luckily PSU salaries are due for a revision effective January 2007. But even if the salaries are doubled, it would be difficult to match the market. So high levels of recruitment and attrition are going to be part of life. The second challenge would be project management. We have nearly Rs. 5000 crores of projects to be carried out in the next two years. This is in addition to the huge investment in our Bhatinda Refinery project. Needless to say, some innovative thinking is required to get things done as per schedule. Third challenge would be managing cash flow. Large projects have large incubation periods. Current ceilings on product pricing are not very helpful. Hence Finance will be a key focus area. 3/What are other issues that need to be addressed? Taxes and duties are another area of concern. Maybe we need to consider reduction of duties on petrol so as to bring its price in line with that of diesel. This can deter the shift to diesel for cars in India. And probably, more appropriate use of our refinery products A warning for TATAs, Birlas and Ambanis ! TATAs, Birlas and Ambanis, beware! Mittals have started taking more interest in India. They have even started staying in the country five to six days a month. Really, a new "Pehelwan" in Indian arena. CCIT I Mumbai seeks VRS Chief Commissioner of Income-Tax, Mumbai, I K Venkatramani, has sought VRS with effect from today. He is 1971 batch IRS officer. Sujit Banerjee empanelled Sujit Banerjee is reported to have been empanelled to the rank of Secretary Equivalent in the Government of India. He is 1972 batch IAS officer of Uttar Pradesh cadre. Vijay Gokhale is JS (East Asia ) in MEA Vijay Gokhale has joined MEA as Joint Secretary (East Asia) in place of Ashok Kantha (IFS 77) who is proceeding as High Commissioner to Malaysia. He is 1981 batch IFS officer. New JS level posts in GoI ? A couple of new Joint Secretary level posts are likely to be created in the Government of India soon. Shahi to set up Company ? Grapevine has it that outgoing Secretary Power in the Government of India R V Shahi is setting up a private company. Tenure of Pankaj Agrawal to expire in April Deputation tenure of Joint Secretary Information Technology in the Government of India, Pankaj Agrawal, is coming to an end on April 26. He is 1978 batch IAS officer of Uttar Pradesh cadre. Three Additional Secretaries in Lok Sabha to retire Three Additional Secretaries of Lok Sabha will retire this year. They are Mssrs S K Sharma, Rajgopalan Nair and P K Sandhu. Sikkim cadre IAS joins Chhattisgarh Government Sikkim cadre 1994 batch IAS officer, K Sreenivaslu, has joined the Chhatigarh Government on inter-state deputation. He has been appointed Director Statistics and Planning. Tenure of Thakur to expire Tenure of Minister Economic in Tokyo, A K Thakur, will expire on April 7. He is 1979 batch IAS officer of Assam-Meghalaya cadre. Appointments in Forests at standstill Appointments in the Forest department, at all levels, have come to standstill for quite some time. What could be the reason?. Arunchal Pradesh in for a Constitutional crisis Arunachal Pradesh is in for a Constitutional Crisis.Twenty five of 33 ruling Congress party MLAs have withdrawn their support to Government being headed by Chief Minister Gegong Apang.All eleven cabinet colleagues of the CM have resigned.Entire lot of dissident MLAs is camping in the North India.The party High Command has asked Oscar Fernandes,Ahmad Patel & Vincent George to explore possibilities for a compromise incumbent in place of Apang.The State assembly has a strength of 60 MLAs of which BJP has nine MLAs and 14 are independents.Two each MLAs of the Nationalist Congress Party(NCP) and Arunchal Pradesh Congress are also there. BCCI moots hike in allowances of members Though members of Pakistan Cricket Board (PCB) have quit from the Board owning moral responsibility, their counterparts in India have refused to do so. The Board of Control for Cricket in India(BCCI) members ,in fact have moved a proposal to hike allowance of Board members .This is aimed facilitating them to be personally present in future matches that the Indian team plays in any part of the globe. Two DIGs promoted in TamilNadu Two DIGs S Rajendran and S Ramanathan have been promoted to the rank of IG in TamilNadu. Term of Liberhan Commission extended The term of the Liberhan Commission, set up to inquire into circumstances that led to the demolition of the Babri Masjid in Ayodhya, has been extended by three months to June 30. FORUM Raj to Senapati ka hota hai The article that Mobile Communication Towers have been built in Defence
Land is just a tip of the iceberg. Such cases are common at Unit/Brigade
Level where the local commanders are doing such acts with impunity.
After misuse of Defence Lands (ie towers / so called unit schools /
shopping centres (like the one of Santushti near Prime Ministers House)
becomes de-facto. Proposals are mooted for their regularisation and
the Ministry of Defence just becomes a silent actor becoming rubber
stamp as the Service Officers clearly claim, Raaj To Senapati Ka Hi
Hota Hai - Bagair Sena Kya Karoge - Jo Ham Chahenge - Hoga - Defence
Secretary nahin to Pradhan Mantri Kar Denge - Land Bahut Hai - Ham jaise
chahenge, vaise karenge. Will PMO take note ? There had been lot of talk about BRO taking up major challenge in building up of infrastructure in NE .A Restructuring proposal was even approved by cabinet committee in Dec 2006. When is that happening? Or is it that bureaucrats of MoD/ MORTH are aloof to the national urgency. Will PMO take note of this? Pramod Is it correct data ? The Assocham must have made a demand of 17 lakh acres or hectares of 'unutilised defence lands' on the basis of data supplied to them by some agency, possibly the same organization who controls and manages those defence lands. Ojha has pointed out to some inaccuracy in the data. The data further appears to be incorrect as it does not show the huge chunk of defence lands which is under unauthorised occupation and encroachment through out the country. Such lands can not shown under the head "utilised" and if they are added to the 17 lakh acres or hectares, as the case may be, the quantum of unutilised or vacant land will increase enormously. Unfortunately the authorities of defence estates are not bothered about growing menace of encroachments and unauthorised occupation of defence lands. The assurance given by the government authorities in a PIL also do not appear to have been implemented seriously. The authorities here have also been reported to have furnished inaccurate information to parliamentary standing committee on training programmes conducted by its national institute. In such a backdrop, the possibility of Assocham getting correct data from defence estates, had they approached them, appear to be a futile exercise. Bijoy Kumar Sathpathy TAIL-PIECE A little bit of Indian humor.... Aaj Ki Aawaz Imaginary interview with Amrinder Singh Me: I understand Sonia Ji has issued a diktat that either you resign
from Congress or you return to India asap!!! Amrinder: None of your business
.. but now that you've asked
..
I have a circulatory problem and am undergoing extensive tests
every capillary in my body is being tested
.. test will take at
least three to four years!!! And haven't you heard of comfort food and
drink???? Amrinder: Fine
.oye how the hell should I know??? Amrinder: I'm not a jittery person
.. haven't you seen my
hunting trophies in New Moti Bagh Palace!!! Me: Manpreet Badal says that you've left an empty Treasury!!! Me: But you've been rattling figures for five years!! Amrinder: The file cam to me once and I put my notings on the file!!!
Ask Chowdhary Jagjit Singh about the details!! Me: But from what I hear no one in the Centre wants to be seen with
you
you've become a huge embarrassment for Congress
.
don't forget Centre cannot prevent Badal from pursing corruption cases
against your Sarkaar!!! Amrinder: My lawyers will deal with Punjab Sarkar!!! Me: And now are Virk and Sharma advisors on Security to the House of
Patiala??? Me: Its just your guilty conscience!!! Chalo how do you spend your
days here??? Amrinder: Well my motto is live life Patiala style!!! Amrinder: I took her to Ajmer only
. and if Manmohan
Singh can bend backwards for the majority minority why complain if I
did a little bending of the rules??? Me: Okay time to leave
bye
.. hope to see you in India??? Bharat Kumar Aaj_ki_aawaz@yahoo.com --------------------------------------------------------------------------------------------------- Will BSNL CMD be Member of TDSAT ? Name of BSNL CMD A K Sinha figures in the panel for the post of Member of the TDSAT. Sinha is scheduled to relinquish office in July. UTI CMD denied extension The RBI is reported to have denied two years extension in tenure to UTI CMD P J Nayak.His tenure is coming to an end on July 31. Shankar to be ED of BHEL Shankar is being promoted to the rank of ED in August in the Corporate office of the BHEL. Rangnathan is MD of Hindustan Antibiotics T K Rangnathan has been appointed Managing Director of the Hindustan Antibiotics. Heavy Enginering earns profit After a long time Heavy Engineering Corporation has earned a net profit of Rs 11.09 acre in the last financial year. SAIL's big expansion plant to expand BSP The Board of Steel Authority of India Ltd (SAIL) has given in-principle
approval to a proposal for modernisation and capacity expansion of Bhilai
Steel Plant (BSP) to 7 million tonnes (MT) of crude steel per annum
at an indicative cost of Rs. 11,262 crore. At present, BSP has the capacity
to produce 3.93 MT of crude steel. Dhobale is CII Chief AP Pradeep Dhobale of the ITC has been elected as new chairman of the Confederation of Indian Industry, Andhra Pradesh. Jet Airways VP resigns Vice-President Corporate Affairs of the Jet Airways Nandini Verma has reportedly resigned. Mail is again ED of AP Paper Mills R.C. Mall has been re-appointed as ED of Andhra Pradesh Paper Mills Ltd for three years. Term of Liberhan Commission extended The term of the Liberhan Commission, set up to inquire into circumstances that led to the demolition of the Babri Masjid in Ayodhya, has been extended by three months to June 30. |
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