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Lalit Uppal

POLITICS

Delhi has more money than Mumbai ?
Heard at a gathering of the businessmen " Delhi has more money than Mumbai these days, even more than New York ".

SC dismisses Central Govt's SLP in favour of Rakesh Behari
Supreme Court of India has sparked off rays of hope for Rakesh Behari, a 1977 batch IAS officer of AGMUT cadre, by dismissing the SLP filed by the Central Govt. In its fresh verdict SC refused to interfere with the order of Delhi High Court (dated 23 May 2013) which had directed the Central Government to empanel him as Secretary to Govt. of India with effect from June 2010. Prior to the Delhi HC orders CAT's observations had testified the deliberate suppression of some of his service records at the time of empanelment of IAS officers of 1977 batch in June 2010. Unfortunately, Delhi HC orders had come only a week before his retirement last year. Supreme Court's fresh orders spark off hope for Behari. Theoretically a senior most officer of GoI finally gets justice but yet to be seen as what kind of compensation he would get practically.

BUREAUCRACY

Tenure of Ajit Lal to be over in June
Tenure of Chairman of the Joint Intelligence Committee (JIC), Ajit Lal, is coming to an end in June. He is a 1974 batch IPS officer of Himachal Pradesh cadre.

Jain and Singh promoted as JS in Lok Sabha
Two Directors in the Lok Sabha Anita Jain and Surinder Singh have been promoted to the rank of Joint Secretary,

Merger of BBUNL and BBJCCL in progress
The process of merging Bharat Bhari Udyog Nigam Limited (BBUNL) and Braithwaite Burn & Jessop Construction Company Limited (BBJCCL) is in progress with Government of India withholding the appointments at Board level.

Sunita Singh gets Vigilance clearance for JS empanelment, GoI
Sunita Singh is poised to be empanelled as Joint Secretary with GoI. Reportedly she has got the clearance from CVC. The 1987 batch Indian Forest Service officer of Maharashtra cadre is presently serving as Director, MoEF, Govt of India.

Will Atul Shreedharan be MP High Court Judge ?
Name of Indore based senior Advocate Atul Shreedharan is doing the round for the post of the Judge, Madhya Pradesh High Court.

P K Jha poised to be Justice, Patna High Court
As the grapevine has it, Prabhat Kr Jha is poised to be appointed as Justice, Patna High Court Judge. Previously he served as District Judge, Mujaffarpur. Presently he is serving as Law Secretary, Legislative Council in Bihar.

CVO of KIOCL gets extension
CVO in Kudremukh Iron Ore Company Ltd (KIOCL), Bangalore, S Galgali has been granted two years extension in deputation period. He is a 1993 batch ITS officer.

Radhakrishnan appointed as GM Air India, Southern Region
R Radhakrishnan, Deputy General Manager (Commercial), Southern Region, has been appointed as General Manager (Sales & Marketing), Southern Region in Air India Limited.

13 posts of Judges vacant in Karnataka HC
As many as 13 posts of Judges have been lying vacant against approved strength of 50 in Karnataka High Court. Two post of permanent Judge while 11 posts of Additional Judges are vacant.

211 posts at Support staff lying vacant in CBI
As many as 211 posts at Support staff have been lying vacant in the Central Bureau of Investigation (CBI) against sanctioned strength of 1560 while there is actual strength of 1349.

B L Patil posted as CME, NWR after promotion to HAG
B L Patil, SAG/IRSME/ North Western Railway, has been appointed as CME in North Western Railway after promotion to HAG.

B S Mubarak, ROI, Ramallah to move Jeddah
B. S. Mubarak, ROI, Ramallah is moving to Jeddah as CG in place of Faiz Ahmad Kidwai. Tenure of Kidwai is coming to an end,

Applications invited for temporary posts in CPC
Applications have been invited against some temporary posts created for 18 months in Central Pay Commission (CPC) under the Ministry of Finance. There are four posts of Under Secretary/equivalent while one of Senior System Analyst (Computer) and three of Desk Officer/Section officers/equivalent. Besides, one post of Assistant/Equivalent; six posts of PS/PPS/Sr PPS; five of PA/Stenographer; cashier/UDC; three of Driver and three of Multi Tasking Staff.

Gupta is also CEO of Shrine Board
Rakesh Kumar Gupta has also been appointed as the Chief Executive Officer (CEO) of the Shrine Board in J & K. He is a 1986 batch IAS officer.

Post of CMD, BVFC lying vacant over two years
The post of Chairman-cum-Managing Director, Brahmputra Valley Fertilizes Corporation (BVFC) has been lying vacant for over two years. However, Department of Personnel and Training (DoPT) has been entrusted with the responsibility for constituting a selection committee to search out a candidate for the same.

Kamlesh Chaturvedi poised for JS empanelment, GoI
The 1988 batch MP cadre IFS officer Kamlesh Chaturvedi is poised to be empanelled as Joint Secretary with Government of India. Reportedly he has got the clearance from CVC.

Applications for Dy Controller of Aid, Account & Audit invited
Applications have been invited for the post of Deputy Controller of Aid, Account and Audit in Ministry of Finance. Those interested to apply for the same can send their applications to the Department of Economic Affairs before May 5, 2014.

Applications for Dy Director, FIU-IND invited
Applications have been invited for the post of Deputy Director, Financial Intelligence Unit, India (FIU-IND) under the Ministry of Finance. Those interested to apply for the same can send their applications to the Department of Revenue before April 24, 2014.

Post of Director (Fin), HMT Ltd advertised
The Public Enterprises Selection Board (PESB) has invited applications for the post of Director (Finance), HMT Limited falling vacant since April 18, 2013. Those willing to apply can send their applications to the PESB before May 26, 2014.

Navraj Sandhu is also ACS, Food & Supply in Haryana
Navraj Sandhu has been assigned an additional charge of Additional Chief Secretary, Food and Supply Department in Haryana. She is a 1984 batch IAS officer of Haryana cadre.

Ms Smriti Verma appointed as FA & CAO, MRVC
Ms Smriti Verma, Western Railway, has been appointed as FA & CAO, Mumbai Rail Vikas Corporation (MRVC) on deputation for a period of three years. She is an IRAS officer.

Ms Sujatha Jayraj absorbed in CMRL
Ms Sujatha Jayraj, Southern Railway, has been absorbed in Chennai Metro Rail Limited (CMRL). She is an IRAS officer.

BoI CMD Mrs V R Iyer inaugurates 8 branches & 3 e-gallery branch in Delhi (UPDATED)
Bank of India Chairperson & Managing Director, Mrs V R Iyer has inaugurated eight new branches & three E-Galleries on April 9, 2014 in New Delhi Zone. The event was attended by Tarlochan Singh, GM, NBG, M M Prasad, ZM, New Delhi Zone, J C Chugh, AGM, PR Deptt, Ashutosh Mishra AGM, IT, other senior executives and bank officials. The list of newly opened branches is: Govind puri , Budhvihar, Dabri Palam Road, Najafgarh, Kapashera, Kirari Suleman Nagar, Mohan Garden (Uttam Nagar), Shahstri Nagar. Besides, list of newly opened E-Gallery Branches is: Govindpuri, Bank Street and Mayapuri.

BSE upgrades its trading platform to Bolt Plus (UPDATED)
BSE has changed its trading system to the new trading system acquired from Deutsche Boerse from April 7, 2014 on its Equity segment. Earlier, BSE had already implemented this system for currency derivatives on November 28, 2013, Interest Rate Futures on January 28, 2014, and Equity derivatives on February 10, 2014.The New Trading System is currently providing 200 micro seconds response time with a through put capacity of 5,00,000 orders per second. It is faster than any exchange in India by at least 10 times with through put capacity also higher by similar numbers. Despite the increase in speed, BSE doesn't intend to provide preferential treatment to members having co-location servers. This is the largest ever technology transformation in India ever attempted where more than 900 broker members with more than 1 lakh branches have experienced the new trading system of BSE. By extension, several lakh users have been able to experience the new trading system. More than 50 vendors participated in this mammoth exercise over a period of 6 months to ensure a smooth transition for members and users. Internationally, this is one of the smoothest technology transfer that has taken place. Most exchanges in India have not attempted technology change due to the apprehension that it may not work out. BSE had taken a call to implement new technology 2 years back and has successfully implemented this technology transfer. Over the first 2 days of trading, more than 900 members have traded on this system which is close to the peak number of members we get on the BSE platform. Similarly, more than 13.66 crore orders were entered in the new system which works out to more than 6,000 orders per second on average basis through out the day. Peak order entry observed was more than 16,000 orders per second. Such high peak rates on the second day of technology implementation were beyond expectations and suggest an excellent adoption of new technology by all market participants.

DEBATE

WHICH BUSINESS HOUSE WILL BE NUMBER ONE IF MODI BECOMES THE PM ?

Given the fact that the BJP's Prime Ministerial candidate Mr. Narendra Modi is largely supported by the Corporate Houses across the country, which business house will be the top most gainer incase he assumes the high office.

Please send your views to - mehrotra.suresh@gmail.com or suresh.mehrotra@yahoo.com

CORPORATE

Ms Sharma resigns as MD, TFCI
Ms Shashi Sharma has resigned as Managing Director of Tourism Finance Corporation of India Limited.

Arora appointed MD, TFCI
Satpal Arora has been appointed as Managing Director of Tourism Finance Corporation of India Limited.

Ramakrishnan ceases to be Chairman, Aurum Soft Systems Ltd
S Ramakrishnan has ceased to be Chairman of Aurum Soft Systems Ltd.

Sugathan appointed Independent Director, Bilpower Limited
Bilpower Limited has appointed Mudakkarappillil Kesavan Sugathan as Non - Executive Independent Director of the company .

Ms Modi appointed Addl. Director, Godfrey Phillips India Limited
Godfrey Phillips India Limited has appointed Ms Bina Modi as Additional Director of the company.

Nerurkar appointed Independent Director, NCC Ltd
NCC Limited has appointed Hemant M Nerurkar as Independent Director of the company.

Mathur appointed Nominee Director, Soma Textiles & Industries Ltd
Sunil Chandra Mathur has been nominated by IDBI Bank as a Director on the Board of Directors of Soma Textiles & Industries Limited.

Singh to be appointed Company Secy. National Steel and Agro Industries Ltd?
The Board of National Steel and Agro Industries Ltd is to appoint Bharat Singh as Company Secretary of the company.

Reddy resigns as Director, DOT COM Global Ltd
Puppala Obul Reddy has resigned as Director of DOT COM Global Ltd.

Singh appointed Company Secy. Senbo Industries Ltd
Senbo Industries Ltd has appointed Rahul Kumar Singh as Company Secretary of the company.

Ms Gupta resigns as Company Secy. Senbo Industries Ltd
Ms Shilpi Gupta has resigned as Company Secretary of Senbo Industries Ltd.

Thakur resigns as Director, Bihar Sponge Iron Ltd
B K Thakur has resigned as Director of Bihar Sponge Iron Ltd.

Modi ceases to be MD, Bihar Sponge Iron Ltd
U K Modi ceases to be Managing Director of Bihar Sponge Iron Ltd but will continue Chairman of the company.

(The views expressed in this column are of the contributors. We do not owe any responsibility, whatsoever, of the views of our surfers as they are their personal opinion. However, we would also request our contributors not to be personal, directly or indirectly, in presenting their views. Instead of countering the views which ‘X’ has already expressed, our contributors are advised to present their own views. Also be brief, say about 200 words at the most since any views longer than that if eliminated at our end would carry the risk of the contrbutor’s item losing its original essence)

Holy cows !

Courts have become holy cows in this country. The Armed Forces were treated as holy cows earlier and the deep rot within hidden from view.

Arjun Mallik

Incumbent for ME

Rajeev GM metro Calcutta and GM rail wheel factory Bangalore should be the incumbent for ME .

Kunal

Affairs in MES

You have raised valid points about affairs in MES. Civilian officers are treated as second rate employee by department.

S R Ramavat

DATE WITH RTI

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