Following the disastrous fire accident in SAIL’s Bhilai Steel Plant, Chhattisgarh, the CEO of the plant M Ravi was fired today. Along with him, T Pandya Raja, general manager (safety) and Naveen Kumar, deputy general manager (energy) were also suspended. Nine people had died and 14 others were injured in the gas pipeline blast, Tuesday.…
SBI Mutual Fund has appointed Ashwani Bhatia as Managing Director and Chief Executive Officer. He takes over from Anuradha Rao who would be getting back to State Bank of India as Deputy MD. Before joining SBI Funds Management Private Limited, he was Chief General Manager (Officer on Special Duty), Corporate Centre in SBI, Mumbai (February 2018–…
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise. These…