Elucidating his previous statement on Satyam fiasco, which aroused strong sentiments in the industry, N. R. Narayana Murthy - Chairman of the Board and Chief Mentor, Infosys wiped out any intention of demeaning Sayam employees. "We have stated our intention not to act on any CVs received from Satyam's employees. This is no reflection on the integrity and competence of them. We respect them as professionals," he said.
Murthy also said that the decision was taken to ensure that nothing is done that will adversely impact Satyam's future.
While releasing the quarterly results Infosys also said that it is still in the hiring mode and plans to ramp up its headcount by this fiscal (2008-09). "Though we have said in the beginning of this fiscal that we would hire about 25,000 people, in our estimate our hiring will go up to 27,000 by March 31, 2009," Infosys head for HRD, education and research T.V. Mohandas Pai. www.uniqueinstitutes.org
Wednesday, January 14, 2009
Kalam quits from board of Raju promoted body
all the top names including former president of India A.P.J. Abdul Kalam have resigned from the board of Emergency Management and Research Institute (EMRI), promoted by disgraced founder and former chairman of Satyam Computer Services B. Ramalinga Raju.
Kalam quit Monday in view of the massive fraud admitted by Raju last week. Former chairman of IT industry body Nasscom Kiran Karnik has also resigned following his appointment to the new board formed by the central government to rescue Satyam Computer Services.
With their resignations, the number of members who quit the board has gone up to seven.
Managing director and CEO of ICICI Bank K.V. Kamath, CII chief mentor Tarun Das and Krishna Palepu of Harvard Business School have already resigned. Their resignations came soon after that of Ramalinga Raju both as chairman of Satyam and EMRI. His brother B. Rama Raju also quit the EMRI board.
Ramalinga Raju, who admitted committing a Rs.70 billion fraud in Satyam over the years, has already been sent to jail along with his brother Rama Raju and former chief financial officer Vadlamani Srinivas.
Rajat Gupta, Raj Reddy, Jayaprakash Narayan, Krishnam Raju and Venkat Chengavalli remained on the board of EMRI, formed in 2005 as corporate social responsibility initiative by Byrraju Foundation run by Satyam's former bosses.
EMRI has been running a 108 ambulance service which has saved many lives of the injured in road accidents.
The Andhra Pradesh government took over the service last year but allowed Raju family to have five percent say in the organisation. According to EMRI CEO Venkat Changavalli, the Raju family has been contributing five percent or Rs.80 million annually.
Following the huge success of the service in Andhra Pradesh, it was last year extended to seven other states - Gujarat, Uttarakhand, Goa, Tamil Nadu, Rajasthan, Karnataka and Assam.
EMRI is running 1,534 ambulances in eight states and has set a target of reaching 10,000 ambulances. It has a workforce of 10,000, half of them in Andhra Pradesh. It has a vision to save one million lives per annum nationally by 2010.
Chengavalli said the development in Satyam would have no impact on the EMRI operations. The Andhra Pradesh government has also allayed the public apprehensions in this regard.
"I told EMRI management that if they can't raise five percent contribution, the government will bear the entire 100 percent cost," Chief Minister Y.S. Rajasekhara Reddy said.
Last year EMRI signed an MoU with the city of Austin in Texas in the United States to share knowledge and processes for better emergency manage
Kalam quit Monday in view of the massive fraud admitted by Raju last week. Former chairman of IT industry body Nasscom Kiran Karnik has also resigned following his appointment to the new board formed by the central government to rescue Satyam Computer Services.
With their resignations, the number of members who quit the board has gone up to seven.
Managing director and CEO of ICICI Bank K.V. Kamath, CII chief mentor Tarun Das and Krishna Palepu of Harvard Business School have already resigned. Their resignations came soon after that of Ramalinga Raju both as chairman of Satyam and EMRI. His brother B. Rama Raju also quit the EMRI board.
Ramalinga Raju, who admitted committing a Rs.70 billion fraud in Satyam over the years, has already been sent to jail along with his brother Rama Raju and former chief financial officer Vadlamani Srinivas.
Rajat Gupta, Raj Reddy, Jayaprakash Narayan, Krishnam Raju and Venkat Chengavalli remained on the board of EMRI, formed in 2005 as corporate social responsibility initiative by Byrraju Foundation run by Satyam's former bosses.
EMRI has been running a 108 ambulance service which has saved many lives of the injured in road accidents.
The Andhra Pradesh government took over the service last year but allowed Raju family to have five percent say in the organisation. According to EMRI CEO Venkat Changavalli, the Raju family has been contributing five percent or Rs.80 million annually.
Following the huge success of the service in Andhra Pradesh, it was last year extended to seven other states - Gujarat, Uttarakhand, Goa, Tamil Nadu, Rajasthan, Karnataka and Assam.
EMRI is running 1,534 ambulances in eight states and has set a target of reaching 10,000 ambulances. It has a workforce of 10,000, half of them in Andhra Pradesh. It has a vision to save one million lives per annum nationally by 2010.
Chengavalli said the development in Satyam would have no impact on the EMRI operations. The Andhra Pradesh government has also allayed the public apprehensions in this regard.
"I told EMRI management that if they can't raise five percent contribution, the government will bear the entire 100 percent cost," Chief Minister Y.S. Rajasekhara Reddy said.
Last year EMRI signed an MoU with the city of Austin in Texas in the United States to share knowledge and processes for better emergency manage
Indian telecom sector
The Indian telecom sector continued its robust growth with the wireless market growing at 9.91 percent and churning revenues worth Rs.371 billion (Rs.37,196 crore) for the second quarter ending September, an official agency said Tuesday.
A total of 28.44 million subscribers was added in this quarter, the Telecom Regulatory Authority of India (TRAI) said in a statement.
The adjusted gross revenue (AGR) for the quarter is placed at Rs.273 billion (Rs.27,357 crore) as against Rs.26,990 crore (Rs.269 billion) for the previous quarter, thereby showing an increase of 1.36 percent.
"The total subscriber base of the wireline and wireless services reached 353.66 million for the quarter ending September as against 325.79 million for the quarter ending June, thus registering an increase of 8.55 percent during the quarter," it said.
The tele-density too reached 30.64 in the September quarter as compared to 28.33 for the previous quarter, TRAI said.
Though the wireless subscribers increased from 286.87 million to 315.31 million, the wireline subscriber base decreased for the quarter to 38.35 million from 38.92 million in quarter ending June.
However, the average revenue per user (ARPU) for GSM subscribers, all India segment, decreased 7.53 percent from Rs.239 in June to Rs.221 in September.
ARPU for postpaid service showed a decline of 2.8 percent from Rs.600 to Rs.584 during the quarter. Prepaid service also showed a 7.5 percent decline in ARPU from Rs.204 in June to Rs.189, Trai said.
As regards the CDMA segment, all India blended ARPU (per month) for the second quarter is Rs.122 as compared to Rs.139 for the previous quarter.
The internet wireline subscribers witnessed a growth of 12.24 million for the quarter against 11.66 million during the previous quarter registering a growth of 4.97 percent.
State-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) retained its top position and reported a subscriber base of nearly 6.38 million internet subscribers against 5.94 million at the end of last quarter, TRAI said.
An 11.87 percent growth was registered in the number of broadband subscribers in this quarter.
The second quarter also witnessed a spurt in number of free-to-air (FTA) and pay channels being carried by the cable networks for television. Currently, there are 161 FTA channels and 129 pay channels as reported by 19 broadcasters/their distributors at the quarter ending September.
However, no new private FM radio station came into operation in the quarter under review, TRAI said. Also, no direct-to-home (DTH) license was issued.
Though the operator, bought a new-generation telecom company Unitech Wireless by paying $1.29 billion for a 60 percent stake.
www.uniqueinstitutes.org
A total of 28.44 million subscribers was added in this quarter, the Telecom Regulatory Authority of India (TRAI) said in a statement.
The adjusted gross revenue (AGR) for the quarter is placed at Rs.273 billion (Rs.27,357 crore) as against Rs.26,990 crore (Rs.269 billion) for the previous quarter, thereby showing an increase of 1.36 percent.
"The total subscriber base of the wireline and wireless services reached 353.66 million for the quarter ending September as against 325.79 million for the quarter ending June, thus registering an increase of 8.55 percent during the quarter," it said.
The tele-density too reached 30.64 in the September quarter as compared to 28.33 for the previous quarter, TRAI said.
Though the wireless subscribers increased from 286.87 million to 315.31 million, the wireline subscriber base decreased for the quarter to 38.35 million from 38.92 million in quarter ending June.
However, the average revenue per user (ARPU) for GSM subscribers, all India segment, decreased 7.53 percent from Rs.239 in June to Rs.221 in September.
ARPU for postpaid service showed a decline of 2.8 percent from Rs.600 to Rs.584 during the quarter. Prepaid service also showed a 7.5 percent decline in ARPU from Rs.204 in June to Rs.189, Trai said.
As regards the CDMA segment, all India blended ARPU (per month) for the second quarter is Rs.122 as compared to Rs.139 for the previous quarter.
The internet wireline subscribers witnessed a growth of 12.24 million for the quarter against 11.66 million during the previous quarter registering a growth of 4.97 percent.
State-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) retained its top position and reported a subscriber base of nearly 6.38 million internet subscribers against 5.94 million at the end of last quarter, TRAI said.
An 11.87 percent growth was registered in the number of broadband subscribers in this quarter.
The second quarter also witnessed a spurt in number of free-to-air (FTA) and pay channels being carried by the cable networks for television. Currently, there are 161 FTA channels and 129 pay channels as reported by 19 broadcasters/their distributors at the quarter ending September.
However, no new private FM radio station came into operation in the quarter under review, TRAI said. Also, no direct-to-home (DTH) license was issued.
Though the operator, bought a new-generation telecom company Unitech Wireless by paying $1.29 billion for a 60 percent stake.
www.uniqueinstitutes.org
Monday, January 12, 2009
IT INDUSTRY DROP DOWN
The misfortune of the IT bellwether Satyam will enable top-notch IT leaders to touch high grounds, with Infosys keeping a firm stand among the top. Analysts believe that the firm's high reputation in high corporate governance and its U.S. listing will make it a better choice for customers.
However, the hitch to this could be Infosys' premium pricing, which some analysts said was 10-15 percent higher than Satyam's rates. This, along with a substantial customer overlap, could work in the favor of the number one IT exporter, TCS. The stocks of the Infosys shoot up by 1.7 percent after the confession of Ramalinga Raju, to end at Rs.1,187, while for Wipro and TCS it ended at Rs.243.30 and Rs.503.70. Even HCL's stocks slid by around 15 percent after the revealation, reports The Economic Times. "The senior management of Infosys has come out quite aggressively in the media on maintaining high corporate governance standards," pointed out Ascendia Consulting principal analyst Alok Shende.
Some analysts also pinpointed that there will not be only one vendor benefiting by the Satyam case. Witnessing the overlap of clients, TCS also holds a good chance of leveraging its current market position. General Electric (GE), General Motors and Citigroup are all clients of TCS as well as Satyam. Citigroup is also a client of Infosys but it is small. Infosys had stopped servicing GE because it was unwilling to compromise on its billing rates and provide services at the discounts GE was looking for.
Cognizant can also have an edge over Infosys if it emphasizes its U.S. domicile status, as opposed to Infosys which is domiciled in India. IBM and Accenture, which have a significant offshore presence, also hold a good chance of being the biggest gainers. "We consider them of tier-1 caliber in terms of offshore capabilities, but their size, stature, brand, global reputation, and high-level client relationships (particularly ACN) differentiate them, in our view, and will make them more attractive to worried clients than even the tier-1 offshore firms like INFY and WIT (Wipro)," said an analyst at Stifel Nicolaus. www.uniqueinstitutes.org
However, the hitch to this could be Infosys' premium pricing, which some analysts said was 10-15 percent higher than Satyam's rates. This, along with a substantial customer overlap, could work in the favor of the number one IT exporter, TCS. The stocks of the Infosys shoot up by 1.7 percent after the confession of Ramalinga Raju, to end at Rs.1,187, while for Wipro and TCS it ended at Rs.243.30 and Rs.503.70. Even HCL's stocks slid by around 15 percent after the revealation, reports The Economic Times. "The senior management of Infosys has come out quite aggressively in the media on maintaining high corporate governance standards," pointed out Ascendia Consulting principal analyst Alok Shende.
Some analysts also pinpointed that there will not be only one vendor benefiting by the Satyam case. Witnessing the overlap of clients, TCS also holds a good chance of leveraging its current market position. General Electric (GE), General Motors and Citigroup are all clients of TCS as well as Satyam. Citigroup is also a client of Infosys but it is small. Infosys had stopped servicing GE because it was unwilling to compromise on its billing rates and provide services at the discounts GE was looking for.
Cognizant can also have an edge over Infosys if it emphasizes its U.S. domicile status, as opposed to Infosys which is domiciled in India. IBM and Accenture, which have a significant offshore presence, also hold a good chance of being the biggest gainers. "We consider them of tier-1 caliber in terms of offshore capabilities, but their size, stature, brand, global reputation, and high-level client relationships (particularly ACN) differentiate them, in our view, and will make them more attractive to worried clients than even the tier-1 offshore firms like INFY and WIT (Wipro)," said an analyst at Stifel Nicolaus. www.uniqueinstitutes.org
BHARTI MONTE DEL
A joint venture between telecom major Bharti and Del Monte India Monday said it had emerged as the largest fresh baby corn exporter in the country.
To mark the occasion, a consignment of fresh baby corns was flagged off at Ladhowal village near here Monday by Punjab's Chief Secretary Ramesh Inder Singh and Bharti Enterprises vice chairman and managing director Rakesh Bharti Mittal.
"Bharti-Del Monte India is proud to be the largest exporter of fresh baby corn in the country. This achievement is a tribute to the entire farming community of Punjab, whose dedicated efforts have made us achieve this tremendous feat," Mittal said at the Bharti farm here.
"This financial year, we have exported 200 tonnes of baby corns. We have already invested Rs.50 crore (Rs.500 million) in Punjab and we will be processing 200 tonnes of food products here," Mittal said.
He said that the company's products were being sought by leading international retailers such as Sainsbury, ASDA, Morrison and Sommerfield. The company has a cold storage capacity of 500 tonnes at the farm.
Bharti-Del Monte is engaged in collaborative farming with Punjab farmers in over 1,000 acres of land. Its own farm, FieldFresh ACE, spread over 300 acres, is an integrated research and development facility, focusing on crop and variety trials, progressive farming techniques and identification and adoption of appropriate technologies for better crop production.
Chief Secretary Singh said the company should engage further with Punjab farmers so that everyone could benefit from the venture.
BEST SITE www.uniqueinstitutes.org
To mark the occasion, a consignment of fresh baby corns was flagged off at Ladhowal village near here Monday by Punjab's Chief Secretary Ramesh Inder Singh and Bharti Enterprises vice chairman and managing director Rakesh Bharti Mittal.
"Bharti-Del Monte India is proud to be the largest exporter of fresh baby corn in the country. This achievement is a tribute to the entire farming community of Punjab, whose dedicated efforts have made us achieve this tremendous feat," Mittal said at the Bharti farm here.
"This financial year, we have exported 200 tonnes of baby corns. We have already invested Rs.50 crore (Rs.500 million) in Punjab and we will be processing 200 tonnes of food products here," Mittal said.
He said that the company's products were being sought by leading international retailers such as Sainsbury, ASDA, Morrison and Sommerfield. The company has a cold storage capacity of 500 tonnes at the farm.
Bharti-Del Monte is engaged in collaborative farming with Punjab farmers in over 1,000 acres of land. Its own farm, FieldFresh ACE, spread over 300 acres, is an integrated research and development facility, focusing on crop and variety trials, progressive farming techniques and identification and adoption of appropriate technologies for better crop production.
Chief Secretary Singh said the company should engage further with Punjab farmers so that everyone could benefit from the venture.
BEST SITE www.uniqueinstitutes.org
VIJAY MALYA KINGFISHERS
India's liquor baron Vijay Mallya, chairman and managing director of the UB Group, said here Monday his Kingfisher Airlines would announce attractive tour packages to boost Kashmir tourism in 2009.
"I am excited at Omar Abdullah becoming the chief minister of Jammu and Kashmir. My relationship with the Abdullahs is spread over three generations and I think better days are ahead for the people of the state under his young and dynamic leadership," Mallya told reporters.
He said the Srinagar airport had now all the facilities of an international airport and the time had come for direct international flights from here.
"My Kingfisher Airlines will announce additional flight schedules to increase connectivity between the three (Ladakh, Kashmir and Jammu) regions of the state and the rest of the country," he said.
Mallya said the Royal Springs Golf course in Srinagar was one of the best in the world.
"Undoubtedly, the Royal Springs Golf course in Srinagar is one of the best in the world and it can do a lot to make Kashmir an international golf destination," he said.
He said the north Kashmir ski resort of Gulmarg had one of the best slopes in the world.
"I have done skiing at almost all the international ski resorts of the world, and I say it with confidence that Gulmarg has some of the best ski slopes in the world."
He said his company would approach the state government to re-start production of hops in the Kashmir Valley which had been stopped because of the adverse security situation here. www.uniqueinstitutes.org
"I am excited at Omar Abdullah becoming the chief minister of Jammu and Kashmir. My relationship with the Abdullahs is spread over three generations and I think better days are ahead for the people of the state under his young and dynamic leadership," Mallya told reporters.
He said the Srinagar airport had now all the facilities of an international airport and the time had come for direct international flights from here.
"My Kingfisher Airlines will announce additional flight schedules to increase connectivity between the three (Ladakh, Kashmir and Jammu) regions of the state and the rest of the country," he said.
Mallya said the Royal Springs Golf course in Srinagar was one of the best in the world.
"Undoubtedly, the Royal Springs Golf course in Srinagar is one of the best in the world and it can do a lot to make Kashmir an international golf destination," he said.
He said the north Kashmir ski resort of Gulmarg had one of the best slopes in the world.
"I have done skiing at almost all the international ski resorts of the world, and I say it with confidence that Gulmarg has some of the best ski slopes in the world."
He said his company would approach the state government to re-start production of hops in the Kashmir Valley which had been stopped because of the adverse security situation here. www.uniqueinstitutes.org
WIPRO
the World Bank banned Satyam Computer Service from receiving any direct contact from it. But an announcement by the World Bank on its website, now reveals that apart from Satyam, Wipro and Megasoft Consultants have been deemed ineligible to receive any contract from the bank.
The World Bank on Sunday said it plans to publish in the future the names of all companies it bans from doing work with it. "This change was made in the interest of fairness and transparency," the Washington-based bank said.
Both Wipro and Ravindra Sannareddy founded IT Service provider Megasoft Consultants, which is an associate company of BSE listed Megasoft, have been barred for four years since 2007. The World Bank Group made public the names of all companies that have been debarred from receiving direct contracts from the Bank under its corporate procurement program, reported The Economic Times.
While Wipro technologies was banned for providing improper benefits to Bank staff, Megasoft Consultants was banned for participating in a joint venture with bank staff while also conducting business with the Bank. News about the ban of Satyam Computer Services for eight years for giving improper benefits to bank staff was out in the last month.
As per reports the Bank has changed disclosure norms late 2006 which placed all the aforementioned companies under tech scanner in 2007. The Bank has also said it will publicly list the names of companies debarred from its corporate procurement on a regular basis henceforth.
courtsy www.siliconindia.com www.uniqueinstitutes.org
The World Bank on Sunday said it plans to publish in the future the names of all companies it bans from doing work with it. "This change was made in the interest of fairness and transparency," the Washington-based bank said.
Both Wipro and Ravindra Sannareddy founded IT Service provider Megasoft Consultants, which is an associate company of BSE listed Megasoft, have been barred for four years since 2007. The World Bank Group made public the names of all companies that have been debarred from receiving direct contracts from the Bank under its corporate procurement program, reported The Economic Times.
While Wipro technologies was banned for providing improper benefits to Bank staff, Megasoft Consultants was banned for participating in a joint venture with bank staff while also conducting business with the Bank. News about the ban of Satyam Computer Services for eight years for giving improper benefits to bank staff was out in the last month.
As per reports the Bank has changed disclosure norms late 2006 which placed all the aforementioned companies under tech scanner in 2007. The Bank has also said it will publicly list the names of companies debarred from its corporate procurement on a regular basis henceforth.
courtsy www.siliconindia.com www.uniqueinstitutes.org
Michelin
Michelin set to kick start work on plant near Chennai in February
State-owned promotional agency, SIPCOT, is in the final stages of granting the in-principle clearance to Michelin, one of the world’s largest tyre makers, for setting up a mega project near Chennai and the company is likely to start construction next month.
The state government has alienated 1,122 acres at Thervaikandikai in Thiruvallur district. SIPCOT has earmarked 290 acres for the tyre major, its MD N Govindan told ET on the sidelines of the three-day Pravasi Bharatiya Divas 2009. The deal will mark Michelin’s foray into the Indian market.
The MNC had earlier announced plans to set up operations in Maharashtra. It has been servicing the Indian truck market with imported tyres and was a technical and financial partner for Indian tyre major MRF at one point.
The plant site is near the NH5 Chennai-Kolkata highway. The company identified this location in November-December as it is situated within 40 km of the city and is near the sea port, he said.
The investment by Michelin is expected to give a fresh impetus to industrialisation in the region. There are already a large number of units at the Gummidipoondi complex, besides Thiruvallur and Arkonam.
Michelin has more than 1.15 lakh employees and sales organizations across more than 170 countries, including India. It designs, manufactures and sells tyres for airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks, motorcycles and the US space shuttle at 69 production sites, situated at 19 countries across five continents.
The company also publishes travel guides, hotel and restaurant guides, maps and road atlases and offers electronic mobility support services, on ViaMichelin.com. Moreover, it pursues research and innovation development at technology centres in Europe, USA and Japan, according to its website.
Courtesy: http://economictimes.indiatimes.com/
www.uniqueinstitutes.org
State-owned promotional agency, SIPCOT, is in the final stages of granting the in-principle clearance to Michelin, one of the world’s largest tyre makers, for setting up a mega project near Chennai and the company is likely to start construction next month.
The state government has alienated 1,122 acres at Thervaikandikai in Thiruvallur district. SIPCOT has earmarked 290 acres for the tyre major, its MD N Govindan told ET on the sidelines of the three-day Pravasi Bharatiya Divas 2009. The deal will mark Michelin’s foray into the Indian market.
The MNC had earlier announced plans to set up operations in Maharashtra. It has been servicing the Indian truck market with imported tyres and was a technical and financial partner for Indian tyre major MRF at one point.
The plant site is near the NH5 Chennai-Kolkata highway. The company identified this location in November-December as it is situated within 40 km of the city and is near the sea port, he said.
The investment by Michelin is expected to give a fresh impetus to industrialisation in the region. There are already a large number of units at the Gummidipoondi complex, besides Thiruvallur and Arkonam.
Michelin has more than 1.15 lakh employees and sales organizations across more than 170 countries, including India. It designs, manufactures and sells tyres for airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks, motorcycles and the US space shuttle at 69 production sites, situated at 19 countries across five continents.
The company also publishes travel guides, hotel and restaurant guides, maps and road atlases and offers electronic mobility support services, on ViaMichelin.com. Moreover, it pursues research and innovation development at technology centres in Europe, USA and Japan, according to its website.
Courtesy: http://economictimes.indiatimes.com/
www.uniqueinstitutes.org
PUNJ LLYOD
Punj Lloyd Group, an engineering, procurement and construction (EPC) conglomerate, announced four contract-wins including Group’s first infrastructure project in Libya and a prestigious oil & gas contract from Cairn Energy India Limited.
“Punj Lloyd Group is proud to win 4 new contracts, demonstrating the reputation of the Group in executing unique and challenging projects not just in India but also abroad. With our expertise and skilled management, we are confident of timely execution of these projects”, said Mr Atul Punj, Chairman, Punj Lloyd Group.
Project awarded by Cairn Energy India Limited: Valued at Rs 104.56 crores (US$ 21.55 million), the new contract from Cairn Energy would include engineering, procurement and construction of a pipeline in a stretch of 56.52 km. The scope of work for this contract would include laying a crude oil heated and insulated pipeline and a gas pipeline in section II for the Mangla Development Project, in Gujarat.
This project is unique because the waxy Rajasthan crude oil which solidifies at normal temperature has to be continuously heated as it moves through the pipeline. The 8″ dia gas pipeline has to be laid in the same trench as the 24″ dia crude oil pipeline. Along with the laying of the pipeline, Punj Lloyd will also construct 3 generator heating stations to heat the crude oil and the gas from the 8″ line will be used to run the generators. The project is scheduled for completion in a challenging period of seven months.
Courtesy: http://economictimes.indiatimes.com/
for job www.uniqueinstitutes.org
“Punj Lloyd Group is proud to win 4 new contracts, demonstrating the reputation of the Group in executing unique and challenging projects not just in India but also abroad. With our expertise and skilled management, we are confident of timely execution of these projects”, said Mr Atul Punj, Chairman, Punj Lloyd Group.
Project awarded by Cairn Energy India Limited: Valued at Rs 104.56 crores (US$ 21.55 million), the new contract from Cairn Energy would include engineering, procurement and construction of a pipeline in a stretch of 56.52 km. The scope of work for this contract would include laying a crude oil heated and insulated pipeline and a gas pipeline in section II for the Mangla Development Project, in Gujarat.
This project is unique because the waxy Rajasthan crude oil which solidifies at normal temperature has to be continuously heated as it moves through the pipeline. The 8″ dia gas pipeline has to be laid in the same trench as the 24″ dia crude oil pipeline. Along with the laying of the pipeline, Punj Lloyd will also construct 3 generator heating stations to heat the crude oil and the gas from the 8″ line will be used to run the generators. The project is scheduled for completion in a challenging period of seven months.
Courtesy: http://economictimes.indiatimes.com/
for job www.uniqueinstitutes.org
Thursday, January 1, 2009
EMPLOYMENT NEWS
MAIN ATTRACTIONS OF THE EMPLOYMENT NEWS ISSUE DATED 03.01.09. Employment News issue dated 03.01.09 contains several attractive advertisements from some of the leading PSU/GOVT. Departments as below:-
Central Industrial Security Force requires 9571 Constables (GD), 173 Constables Fire, 2389 Asst Sub Inspector, Head Constables and various other posts.
Staff Selection Commission notifies Junior Engineers (Civil and Electrical) Examination, 2009.
National Informatics Centre requires 265 Scientific Officers/Engineers-SB (Programmer).
Industrial Development Bank of India requires 250 Assistant Managers.
Deccan Grameen Bank Needs 90 Clerks.
National Insurance Company Limited requires 103 Specialists and 80 Generalists (Admn Officer).
Hindustan Aeronautics Limited needs 123 Asst Engineers, Sr. Medical Officer and Dy. Managers.
National Highways Authority of India requires General Managers, Dy General Managers, Managers and Accounts Officers.
Hindustan Petroleum Corporation Limited invites applications for the posts of Officer Trainee Engineers.
Indian Navy invites applications for enrolment as Sailors for Sr. Secondary Recruits-2/2009 Batch.
RRB, Ajmer declares the result of written examination held on 09.11.2008 and 23.11.2008 for the post of Asst Loco Pilot.
Department of Atomic Energy, Heavy Water Board invites applications for the posts of Scientific Officer/Engineer, Stenographer, Pharmacist etc.
The Shipping Corporation of India Ltd. invites applications for appointment as Assistant Managers.
Power Grid Corporation of India Ltd invites applications for the posts of Diploma Trainees, Jr. Supervisor, Jr. Technician Trainee etc.
National Institute of Immunology invites applications for the posts of Staff Scientists, Executive Engineers, Junior Engineer etc.
RRB, Kolkata declares the result of written examination held on 02.11.2008 for the post of Asst. Loco Pilot & Traffic Assistant.
DOEACC Centre Calicut offers admission to various Technical Courses.
Ministry of Development of North Eastern Region, New Delhi invites applications for the posts of Superintending Engineers and Executive Engineer.
All India Institute of Medical Sciences needs Finance & Chief Accounts Officer, Dy. Chief Security Officer, Administrative Officer etc.
RRB, Chandigarh declares the result of written examination held on 09.11.2008 for the post of Stenographer.
New Mangalore Port Trust invites applications for the posts of Pilot, Marine Engineer, Asst Law Officer, Asst. Engineer etc.
www.uniqueinstitutes.org
Central Industrial Security Force requires 9571 Constables (GD), 173 Constables Fire, 2389 Asst Sub Inspector, Head Constables and various other posts.
Staff Selection Commission notifies Junior Engineers (Civil and Electrical) Examination, 2009.
National Informatics Centre requires 265 Scientific Officers/Engineers-SB (Programmer).
Industrial Development Bank of India requires 250 Assistant Managers.
Deccan Grameen Bank Needs 90 Clerks.
National Insurance Company Limited requires 103 Specialists and 80 Generalists (Admn Officer).
Hindustan Aeronautics Limited needs 123 Asst Engineers, Sr. Medical Officer and Dy. Managers.
National Highways Authority of India requires General Managers, Dy General Managers, Managers and Accounts Officers.
Hindustan Petroleum Corporation Limited invites applications for the posts of Officer Trainee Engineers.
Indian Navy invites applications for enrolment as Sailors for Sr. Secondary Recruits-2/2009 Batch.
RRB, Ajmer declares the result of written examination held on 09.11.2008 and 23.11.2008 for the post of Asst Loco Pilot.
Department of Atomic Energy, Heavy Water Board invites applications for the posts of Scientific Officer/Engineer, Stenographer, Pharmacist etc.
The Shipping Corporation of India Ltd. invites applications for appointment as Assistant Managers.
Power Grid Corporation of India Ltd invites applications for the posts of Diploma Trainees, Jr. Supervisor, Jr. Technician Trainee etc.
National Institute of Immunology invites applications for the posts of Staff Scientists, Executive Engineers, Junior Engineer etc.
RRB, Kolkata declares the result of written examination held on 02.11.2008 for the post of Asst. Loco Pilot & Traffic Assistant.
DOEACC Centre Calicut offers admission to various Technical Courses.
Ministry of Development of North Eastern Region, New Delhi invites applications for the posts of Superintending Engineers and Executive Engineer.
All India Institute of Medical Sciences needs Finance & Chief Accounts Officer, Dy. Chief Security Officer, Administrative Officer etc.
RRB, Chandigarh declares the result of written examination held on 09.11.2008 for the post of Stenographer.
New Mangalore Port Trust invites applications for the posts of Pilot, Marine Engineer, Asst Law Officer, Asst. Engineer etc.
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