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India tops in black money ?
Black money in Swiss banks -- Swiss Banking Association report, 2006 details bank deposits in the territory of Switzerland by nationals of following countries. Would you believe ?.Can it be true ?.
Top five
India------$1456 billion
Russia ---$ 470 billion
UK ------ $ 390 billion
Ukraine - $ 100 billion
China ----$ 96 billion
B C Tripathi is no one in panel for GAIL,CMD
As the grapevine has it, B C Tripathi, Director (Marketing) of GAIL, has emerged number one in the panel for a full time CMD, GAIL, for which interviews were held on January 15 & 16, 2009.
A K Purwaha is no two in panel for GAIL,CMD
As the grapevine has it, A K Purwaha, Director (Business Development), GAIL, has emerged number two in the panel for CMD, GAIL, for which interviews were held on January 15 & 16, 2009.
Radhe Shyam Julania is Secretary NVD deptt in MP
Radhe Shyam Julania has been appointed Secretary Narmada Valley Development(NVD)department of the Madhya Pradesh government.Julania is already a member in the Narmada Valley DevelopmentAuthority(NVDA).He is a Madhya Pradesh cadre IAS officer of the 1985 batch.
Sudhir Vasudeva to be Director (Offshore),ONGC
Sudhir Vasudeva has been appointed as Director (Offshore), Oil & Natural Gas Corporation Limited(ONGC). His appointment is for a period of five years with effect from the date of assumption of charge or after February 1,2009 or till the date of his superannuation, or until further orders, whichever event occurs the earliest.
Manbir Singh is new Ambassador to Netherlands
Manbir Singh, currently Ambassador of India to Iran has been appointed as the next Ambassador of India to the Netherlands.
IPS changes in Rajasthan
New IPS postings in Rajasthan. Mssrs Anand Srivastava SP Jaipur Rural,Ashok Naruka SP Jaipur North,C B Sharma SP Jaipur South,Devendra Singh SP Sirohi,Rupinder Singh SP Kota Rural,Bhupindra Sahu SP Kota City,H G Raghvendra SP Bikaner and Gaurav Srivastava SP Jhalawar.
1995 batch IPS get selection-grade in Orissa
As many as five officers of 1995 batch have been promoted to selection grade in Orissa with retrospective effect from.1-1-2008. They are- RK Sharma, Mrs Ritu Arora, SK Priyadarshi, Dr. Santosh Bala and PR Ranpise.
Sondh goes to Central Coast Railway
1989 batch IRTS officer R K Sondh has been transferred to Central Railway.
Meena goes to Western Railway
1989 batch IRTS officer M S Meena has been transferred to Western Railway.
IRTS officer Dhananjayulu is SAG
1989 batch IRTS officer R. Dhananjayulu has been promoted to the SAG in SCR itself.
Ms. Kirti Saxena is Advisor, DoNER
Ms.Kirti Saxena on being promoted to the senior administrative grade (SAG) is Economic Advisor to the Department of Development of North-Eastern Region (DoNER). She is an Indian economic Service (IES) officer of the 1982 batch.
Paliwal promoted in BSNL
P K Paliwal, ITS officer, has been promoted to SAG. He is now GM Pujnab Circle.
Rangrajan posted as SDGM SR
S Rangarajan, SAG/IRSME/Southern Railway has been be posted as SDGM/Southern Railway vice D K Saraf.
Bahal is GM HPTDC
Yogesh Bahal has been appointed General Manager of the Himachal Pradesh Tourism Development Corporation. He has succeeded R C Gupta.
Khan is new Economic Advisor of J & K Government
Former Financial Advisor Jalil Ahmad Khan has been appointed as Economic Advisor to the J & K Government.
One dozen IFS officers shifted in Rajasthan
About one dozen Indian Forests Service Officers have been transferred in Rajasthan.
IAS to register their presence in Maharashtra
The Maharashtra Government has asked the IAS officers to get their cards punched while entering and leaving the office.
Purushottam Sharma is IG,SCRB in MP
Purushottam Sharma IG Jail has been transferred by the Madhya Pradesh Government in the same capacity as IG State Crime Records Bureau(SCRB).He is an IPS officer of the 1986 batch who belongs to the MP cadre.
Dr. Rajan Saxena is Officiating Vice Chancellor of NMIMS University
Distinguished Professor of Marketing and Former Director of IIM-Indore, Dr. Rajan Saxena took over the charge as Officiating Vice Chancellor of SVKM's NMIMS University (formerly Narsee Monjee Institute of Management Studies Deemed University).
Dr Razdan joins as Pro Vice Chancellor
t Dr. P.N.Razdan Sr. Dy Director General Geological Survey of India Northern Region who
supernannuated on 31th dec 2008 ,has joined KIIT Univresity, Bhubaneswar
as Pro Vice-Chancellor on 16th Jan 2009.

CORPORATE
Hafeez Contractor is Director AAI
The Government of India (GOI) has appointed Hafeez Contractor, renowned Architect, as a non official Director in the Airports Authority of India (AAI) of which Chairman is Vijai P Agrawal.
Rahim is Director (Marketing) STC
Khaleel Rahim has joined asDirector (Marketing) of the State Trading Corporation of India .
Vishwakarma moves to CCL Hqs
Dinesh Vishwakarma has been moved to CCL Headquarters.
ZEE promotes Anurag Bedi
Anurag Bedi has been promoted by Zee Entertainment Enterprises Ltd (ZEEL)as head of Zee Muzic, ETC Music and Zee Trendz from January 15,2009.
Ms.Nilanjana Purkayastha joins BAG
Ms. Nilanjana Purkayastha has joined BAG Films as business head of GEC programming. Hithero she was with Sahara One.

Forum
Kudos to C&AG
It is to the credit of C&AG that so far no major accounting scam has ever surfaced in any of the Public Sector undertakings. Some of the strong points of system of audit in PSU's are:
(i) The Management of PSU's have no direct or indirect influence in the appointment of their statutory auditors, who are appointed by C&AG through a very transparent mechanism, thereby insuring independence of the statutory auditors unlike in private sector corporations.
(ii) Though of late C&AG has allowed the corporation to determine the remuneration to the statutory auditors but still a tap is kept on any unreasonable increases in the remuneration thereby negating the undue influence on the auditors.
(iii) Despite a transparent appointment of the auditors C&AG keeps a control over the quality of audit by the statutory auditors by way of supplementary audit of financial statements thereby keeping the statutory auditors on their toes and ensuring high quality of audit.
Only a few people know that as a consequence to the supplementary audit of the C&AG a lot of amendments have been carried out in the Accounting Standards by ICAI. In fact almost all the issues before the Expert Advisory Committee of the ICAI are a result of the C&AG's audit and hardly any case has been send by the firms conducting audit of private corporations. It is not easy to negate the influence of C&AG in improving Accounting Standard in this country. Had a parallel system was devised for the Private Sector(which has been apparently no done due to powerful CA lobby) the scams like Satyam and GTB would have never happened. There is a strong case for adopting the C&AG model for large Corporations in the Private Sector as well so that innocent investor is not cheated of his hard earned money by manipulators.
GB
People have a right to know ?
Do the people don't have a right to know from the authorities (i)Number of applications for flats received by the DDA (ii) No. of such applications which were rejected (iii) details of the process through which the screening of the applications was done (iv) details of the process through which the computer software was developed and later used to draw the lots (v) basis on which the DDA authorities are claiming the 'draw' process to be foolproof.
K C Joshi
Transport allowance is not taxable
As per existing guidelines, Transport Allowance to the extent of Rs.800/- (i.e. entire amount as per old TPA) is exempted from Income Tax. After implementation of 6th Pay Commission Report, the amount of TPA has been increased to Rs.3712/-(Rs.3200+DA). CBDT may kindly issue necessary instructions for exemption of the increased Transport Allowance, which is given in performance of duty.
H.K.Deewan