What people say about us!

Whisper is very authentic, giving the genuine information before it materializes and we trust more whisper analyses.

Suresh Kumar

POLITICS

Who will be PM in Third Front ?
In case Third Front comes to power, who will be the PM ?.Answer came from a veteran politician " Every ally has PM candidate ".

Gujarat Parivartan Party to merge with BJP
Gujarat Parivartan Party will reportedly merge with BJP between February 17-20. One can wait and watch.

Code of conduct to affect three CMD level postings in PSU
Imposition of Model code of conduct will affect three major appointments at Chairman-cum-Managing Director (CMD) level in Public Sector Undertakings (PSU) units if their orders were not issued before the announcement of Lok Sabha polls.

BUREAUCRACY

Khan to get two years extension ?
RBI Deputy Governor ,Harun Rashid Khan, is reportedly getting two-year extension . A proposal to this effect has been moved.

Will Chauhan move to Washington ?
Director in the office of the Finance Minister, P Chidambaram, Vijay Singh Chauhan is likely to move Washington on a foreign assignment.

Parmar to be Chairman of Mumbai Port Trust !
Ravi Manubhai Parmar is being tipped to be Chairman of the Mumbai Port Trust. He is a 1992 batch IAS officer of Bihar cadre.

R P Tripathi selected as Member (Tech), DVC
R P Tripathi, AGM, NTPC, has been selected for the post of Member (Technical) in the Board of Damodar Valley Corporation (DVC) at a Public Enterprises Selection Board (PESB) meeting held on February 12, 2014. As many as 12 persons were interviewed for the same.

Davinder Kumar to be Chief Secretary of Arunachal Pradesh ?
Davinder Kumar is being tipped to be Chief Secretary of Arunachal Pradesh. He is 1984 batch IAS officer of Assam-Meghalaya cadre.

Subir Das selected as Director (Mines), NLC
Subir Das, GM, BCCl, CIL, has been selected for the post of Director (Mines), Neyveli Lignite Corporation Limited (NLC) at a Public Enterprises Selection Board (PESB) meeting. As many as 13 persons were interviewed for the same.

File of Kothari for CMD, NMDC stuck in ACC
The file of Narendra Kothari, CEO, SAIL, for the appointment as CMD, National Mineral Development Corporation Limited (NMDC) is still lying with the Appointment Committee of Cabinet (ACC) for its final approval.

Sujata Chaturvedi too will move from UIDAI this month
Among several DDGs set to make an exit from UIDAI, Sujata Chaturvedi will also move out by February end. The Bihar cadre 1989 batch IAS officer is on extension till February end. She will repatriate to Govt of Bihar; leaving one more slot vacant in UIDAI.

Ms Mahua Pal appointed as DG, PPAC
Ms Mahua Pal, Principal Accountant General (A&E), Uttarakhand, Dehradun, has been as Director General in the Petroleum Planning & Analysis Cell (PPAC) under the Ministry of Petroleum & Natural Gas. She is an IA&AS officer of 1987 batch.

Nomination of Rao cleared
The President has given clearance of P P Rao, senior advocate, as jurist member of the selection committee of the Lokpal.

Dr Reddy soon to move from MEA HQ
Dr E Vishnu Vardhan Reddy is all set to move from MEA, HQ. Reddy an IFS officer is currently serving as Under Secretary, External Publicity & Public Diplomacy [XPD] Division at MEA HQ.

Will Vinod Ranjan win race for DG, ICFRE ?
Vinod Ranjan is one of the strongest candidates for the coveted slot of DG in ICFRE. J&K cadre 1978 batch IFS officer has brighter prospects for emerging victorious.

K D P Rao joins as Commissioner, Bilaspur division
K D P Rao appointed as Commissioner, Bilaspur division, before Vidhan Sabha polls has assumed office. He is a 1988 batch IAS officer of Chhattisgarh cadre.

IRPS officer Rakesh Kumar is CEO of Censor Board
IRPS officer Rakesh Kumar has taken over as CEO of the Censor Board.

Dev to be Adviser to UT Administrator in Chandigarh
Vijay Kumar Dev is likely to move to Chandigarh as Adviser to the UT Administrator. He is 1987 batch IAS officer of UT cadre.

Major General Konsam Himalay Singh promoted
Major General Konsam Himalay Singh has been promoted to the rank of Lt General. He is the first to become Lieutenant General from the North-East.

Two 1984 batch IAS officers get ACS rank in Manipur
Two 1984 batch IAS officers in Manipur, O Nabakishore Singh and Nikhilesh Jha have been promoted to the rank of Additional Chief Secretary .

Two IRTS officers get posting
N P Singh, SAG/IRTS, on return from deputation to IRCTC, has been posted in the cadre of North Eastern Railway while G D Pandey, SAG/IRTS, North Central Railway, was transferred to North Eastern Railway in the same capacity and posted as COM (CHOD).

Aloke Singh to be ED (Strategy & Planning), Air India
Aloke Singh has been appointed as Executive Director (Strategy & Planning), Headquarters, Delhi in Air India Limited.

Post of Member vacant in FMC
One post of Member has been lying vacant in Forward Markets Commission (FMC) - Mumbai on deputation/short term contract basis.

Rajesh Kumar likely to join central deputation
Rajesh Kumar is likely to join central deputation at Deputy Inspector General level. He is a 1998 batch IPS officer of Maharashtra cadre.

Mrs Teotia posted as OSD to Resident Commissioner in AP Bhawan
Mrs Shweta Teotia has been appointed as Officer on Special Duty (OSD) in the office of Resident Commissioner of Andhra Pradesh, Delhi. She is a 2011 batch IAS officer of Andhra Pradesh cadre.

Sudhir Chaturvedi joins as Chairperson, JERC, Goa & UT
Sudhir K Chaturvedi has assumed the charge as Chairperson, Joint Electricity Regulatory Commission for Goa, and all Union Territories. Chaturvedi has held post of CMD, Power Grid Corporation of India, and he also held office as Member, Joint Electricity Regulatory Commission.

Jadeep Govind bereaved
Kamla Devi mother of 1984 batch Madhya Pradesh cadre IAS officer Jaideep Govind has passed away in Bhopal. She was 81.

OVL to raise USD 2.5 billion with international banks
ONGC Videsh Limited (OVL), the overseas arm of Oil and Natural Gas Corporation Limited (ONGC), has entered into separate agreements with two consortiums of international banks to raise USD 2.5 billion by way of offshore borrowings to finance its acquisition of 10% participating interest in Rovuma Area I Block in Mozambique offshore. The first facility for a five year term amounting to USD 1.775 billion was signed with consortium of reputed international banks, including ANZ, Bank of Nova Scotia, BTMU, DBS, Mizuho, RBS, Societe Generale, SBI and SMBC. The Company had initially planned to raise USD 1.0 billion through this long-term facility; however, decided later to upsize the same in view of overwhelming response from the banks. SMBC took the leadership role in this facility with commitment of USD 700 million and acting as Facility and Escrow Agent. This is the single largest offshore 5-year loan facility arranged by an Indian company during the last three years. The second facility is in the nature of a bridge finance of USD 725 million for a one year term with consortium of reputed international banks including ANZ, BNP Paribas, BTMU, Citi, DBS, RBS and SBI. In this Facility Citi took the leadership with Facility and Escrow Agency roles. In April, 2013, the Company had made its inaugural offshore USD bond offering of dual-tranche Reg-S notes in international markets aggregating USD 800 million to finance its acquisition of participating interest in ACG field in Azerbaijan and the associated cross-country BTC pipeline. The 5-year tranche of USD 300 million was priced at T+ 190 bps and the 10-year tranche of USD 500 million was priced at T+210 bps. The yields of these tranches were 2.574% and 3.756% respectively. The notes were issued at the lowest-ever coupon achieved by an Indian issuer in the 5-year and 10-year tenor in the USD bond market. This was also the largest-ever Reg-S only transaction by an Indian issuer in the USD bond market. In January 2014, the company had raised USD 1.5 billion 1-year bridge loan facility from a consortium of 9 banks to finance the acquisition of participating interest of 6% in the Rovuma Area I Block in Mozambique offshore from Videocon. With these three offshore loan facilities and the bond transaction, OVL has raised USD 4.8 billion from the international market in the current financial year. “We are extremely pleased with the strong enthusiasm shown by top global banks at extremely fine pricing leading to market defining transactions. In the backdrop of a volatile global economic environment, such interest is reflective of ONGC’s robust credit profile and underlines the strong India story.” Said Sudhir Vasudeva, CMD, ONGC and Chairman, OVL.

5 IPS officers shifted in Tamil Nadu
As many as five officers belonging to Indian Police Service (IPS) have been transferred and posted at different places in Tamil Nadu. Accordingly, P Thamaraikannan has been appointed as Inspector-General of Police, Administration, Chennai while Abhash Kumar will now be Additional Commissioner of Police, Law and Order (North), Chennai Police and A Amalraj is Deputy Inspector-General of Police, Salem Range. Similarly, Sanjay Kumar has been posted as Deputy Inspector-General of Police, Thanjavur Range and M S Nisha Shekar was made Assistant Superintendent of Police, Kottakuppam sub-division, Villupuram district.

Will Aradhana Johri be new Secretary Health ? (UPDATED)
Meeting of MSME Secretary Madhav Lal with Union Health Minister Gulam Nabi Azad early this morning did not yield results and the top bosses have reportedly decided to appoint Aradhana Johri as new Secretary Health. She is 1980 batch IAS officer of UP cadre.

Lov Verma gets addl charge of Secretary, Health (UPDATED)
Lov Verma, Secretary, Department of AIDS Control, Ministry of Health and Family Welfare, has been assigned an additional charge of Secretary, Department of Health and Family Welfare, Ministry of Health and Family Welfare until further orders. He is a 1978 batch IAS officer of Uttar Pradesh cadre.

Reshuffle of IAS officers in Tamil Nadu (UPDATED)
A number of officers belonging to Indian Administrative Service (IAS) have been transferred and posted at different places in Tamil Nadu. Accordingly, Dr M Veera Shanmugha Moni has been appointed as Commissioner, Labour while Dr B chandra Mohan will be continuing as Managing Director, Chennai Metroplitan Water Supply and Sewerage Board and Mrs R Vasuki is Director, Survey and Settlement. Similarly, M s Shanmugam has been appointed as Project Director, Tamil Nadu Health Systems Project; M Balaji as Joint Commissioner (LTU), Commercial Taxes, Channai; T Abraham as Joint Secretary, Health and Family Welfare; Sajjansingh as Additional Registrar of Cooperative Societies; Kiran Gurrala as Additional Director, Agriculture; C Kathiravan as Commissioner, Corporation of Madurai; Md Nasumuddin will hold additional charge of Chairman and Managing Director, SIPCOT and Chanra Sekhar was made Sub Collector, Ariyalur.

Keshav Desiraju appointed as Secretary, Consumer Affairs in GoI (UPDATED)
Keshav Desiraju, Secretary, Department of Health and Family Welfare, Ministry of Health and Family Welfare, has been appointed as Secretary, Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution. He is a 1978 batch IAS officer of Uttarakhand cadre.
(We said this on Feb 11, 2014)

Power sector should gear up for new challenges: Sinha (UPDATED)
Indian power sector is on threshold of adding large capacity which shall reduce the demand supply gap considerably. Now we need to focus on setting benchmarks in the areas of reduction in land requirement, water usage and other resources said P K Sinha , Secretary , Power, Government of India while addressing the power professionals attending Indian Power Sector (IPS)- 2014 aptly themed Powering Tomorrow Strategize Today in New Delhi. The conference organized by NTPC is an annual event to commemorate start of generation from first 200 MW unit from NTPC- Singrauli in 1982. Sinha expressed his satisfaction on the growth of power sector in the current year and stressed on use of latest technologies and new initiatives for improving the sector. The inaugural session of the conference was addressed by Mrs Neerja Mathur, Chairperson, CEA, Dr Arup Roy Choudhury, CMD, NTPC & DVC and N N Misra, Director (Operations) NTPC. Business Excellence Awards for Best Performance were presented on the occasion to NTPC- Ramagundam and runner up shield to NTPC-Unchahar by Secretary Power and Chairperson CEA. Sinha also released the Best Practices Manual for Super Critical units brought out by NTPC and US AID on the occasion along with two compendiums on technical papers of power plant operations. In her address Mrs Neerja Mathur, Chairperson CEA complemented NTPC for organizing this conference for knowledge and experience sharing. She stressed on the need for efficiency, sustainability and energy conservation in the power sector. Speaking on the occasion Dr. Arup Roy Choudhury, CMD, said that NTPC was formed to accelerate power generation in the country and will continue to augument Government of India's plan through capacity addition and creating benchmarks in generation. He spoke of tremendous scope for growth of power sector in view of the low per capita consumption of electricity in the country compared to the world average.

Chamatapalli posted as ASP, Rampachodavaram, East Godavari in AP (UPDATED)
Vijaya Rao Chamatapalli has been transferred and posted as ASP, Rampachodavaram, East Godavari District in Andhra Pradesh cadre. He is a 2010 batch IPS officer of Andhra Pradesh cadre.

B G Raj selected as Director (Fin), MIDHANI (UPDATED)
B G Raj, GM, MIDHANI, has been selected for the post of Director (Finance), Mishra Dhatu Nigam Limited (MIDHANI) at a Public Enterprises Selection Board (PESB) meeting held on February 13, 2014. As many as 13 persons were interviewed for the same.

DEBATE

WILL AAP Party get fractured ?
There is a saying "If you want to start a journey of 1000 miles begin with a single step ". Will the AAP Party get fractured by running very fast ?
Mail your views to + mehrotra.suresh @gmail.com or suresh.mehrotra@yahoo.com

CORPORATE

Ganesh appointed Nominee Director, Shakti Sugars Ltd
IDBI Bank Limited has nominated T A Ganesh, General Manager, Retail Banking Group, IDBI Bank Limited, Chennai as its Nominee on the Board of Directors of Sakthi Sugars Limited.

Mugyenyi appointed Independent Director, Cipla Limited
Cipla Limited has appointed Dr Peter Mugyenyi as an Independent Director of the company.

Barrena resigns as Director, Mahindra CIE Automotive Limited
Ignacio Artazcoz Barrena has resigned as Director of Mahindra CIE Automotive Limited.

Beriwala re-appointed MD, Vipul Limited
Vipul Limited has re-appointed Punit Beriwala as Managing Director of the company.

Aggarwal resigns as Director, Kisan Mouldings Ltd
Kunal R Aggarwal has resigned as Director of Kisan Mouldings Ltd.

Ghose appointed Independent Director, Orient Beverages Ltd
Orient Beverages Ltd has appointed Dr Gora Ghose as an Independent Director of the company.

Advani appointed Addl. Director, Bharat Gears Limited
Bharat Gears Limited has appointed Ms Hiroo Suresh Advani as an Additional Director of the company.

Rathi resigns as Independent Director, Somi Conveyor Beltings Ltd
Ramesh Narayan Rathi has resigned as Independent Director of Somi Conveyor Beltings Ltd.

Javkar appointed Company Secy. , Welspun Projects Ltd
Welspun Projects Ltd has appointed Nilesh Javkar as Company Secretary 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)

DEBATE (1)

It is not a question of speed that poses threat to AAP, it is their excessive posturing on one issue ignoring others. Corruption is no doubt a very important factor which has led to malfunctioning of Governance in the country and this needs to be rooted out. But concentrating all their energy on this issue and that too on taking on who they perceive to be corrupt instead of rooting out the procedural flaws in the system which let corrupt flourish is not going to improve Governance for which they have been voted to power in the very first election they fought. They seem to be ,no doubt ,in a hurry to prove themselves to be worthy of trust of the people of this country who found in them a saviour from the dysfunctional, corrupt mafia-like rulers but the way they are going about is soon going to disillusion people about them.AAP leaders should therefore pause , reflect and chalk out their strategy in such a manner that the momentum they gained stays with them and helps them in the Lok Sabha elections. Otherwise it would becoming with a bang and ending with a whimper for them.

Aarti Khosla

DEBATE (2)

AAP is still in the protester mode .It announced certain measures before the election on the presumption that they will be in the opposition and can embrass Congress or BJP .Now they are in power and it has gone into their head and hence are behaving in an immature manner .People are not going to vote them in Lok sabha elections if they continue this way.

S Gopal

"Ministerial Monopoly over PSUs "

Accumulation of massive board level vacancies in central PSUs as reported in Whispersinthecorridors.com is disturbing. Concentration of discretionary powers by ministries resulted in vacancies, some as old as one to two years. The time schedule for finalising selection/ extension/ non-extension of tenures of functional directors approved by the Appointments Committee of the Cabinet, is not adhered to. In a monopolistic situation, no one can be held accountable for delay as orders for slow-down , come from the top. The PESB,as an independent , professional body , has been disempowered and kept out of the loop.

A K Saxena (A retired civil servant)


TAIL PIECE

The greatest joke of the millennium:
Teacher -"Where is the CAPITAL of INDIA ?"
Student -"In Swiss Banks"

BY-A Contributor

DATE WITH RTI

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