Resurgence in Placement of Defence Officers with Corporate

---------- Forwarded message ----------
From: Press Information Bureau Ministry of I&B <pib.kolkata@gmail.com>
Date: Fri, Oct 22, 2010 at 2:55 PM
Subject: Releases...........pt2

Press Information Bureau

Government of India

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Ministry of Defence

Resurgence in Placement of Defence Officers with Corporate

New Delhi: October 22, 2010.

 

With economy spiralling out of recession and recruitment on the rise, encouraging trend has been witnessed in placement of former Defence Officers in middle and senior level management positions.

The recently concluded batch from Management Development Institute (MDI), Gurgaon have received over 85 percent placements, with Officers being placed in handsome packages ranging between Rs 14 and 24 lakhs. Corporates like ICICI Bank, L & T, Bartronics and many others have appointed Ex-Servicemen officers in diverse profiles of sales, marketing, logistics and supply chain, operations, human resource (recruitment) and administration. Bartronics emerged the single highest recruiter hiring 10 officers from the same batch.

Inaugurating the brochure for the 3rd batch of defence officers undertaking the residential General Management Program from IIM Lucknow (Noida Campus) today Major General Pramod Behl, Director General Resettlement said that the specially designed curriculum would facilitate the Officers to craft their positions in industry with ease and prove to be a major asset to the corporate world. In addition to the leadership and dynamism, these officers bring tremendous experience, discipline and focused approach, due to their training with forces, he added. Management education equips these Armed Forces Officers with latest skills sought by corporate, Maj. Gen. Behl noted.

IIM Lucknow (Noida Campus) batch has already commenced its placement process as the officers are due to culminate the course on 18 Dec. The IIML batch has developed its own website which can be visited at iiml.afp2010.com. Similar programmes are run in various reputed institutes but at intervening period.

 

pk/sr/dk/kol/14:52 hrs.

 

Press Information Bureau

Government of India

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Ministry of Mines

NALCO Presents Dividend Cheque to Mines Minister

New Delhi: October 22, 2010.

 

The Chairman cum Managing Director of National Aluminium Company Limited (NALCO), Shri A.K. Srivastava today handed over a dividend cheque of Rs.56.15 crore to the Union Minister of Mines and Development of North Eastern Region (DoNER), Shri B.K. Handique. This is the 10% final dividend cheque amounting to Rs.56.15 crore on the 87.15% shares held by the Government of India.

 

NALCO – India's leading manufacturer and exporter of alumina and aluminium, under the Ministry of Mines has declared a total dividend of 25% amounting to Rs.161.08 crore (15% interim paid in March 2010 and 10% final being paid now) on the paid-up capital of Rs.644.31 crore, for the financial year 2009-10. The Company has earned a profit after tax of Rs. 814 crores for the year 2009-10.

 

The balance amount of Rs.8.28 crore is payable to other shareholders of the Company like banks, financial institutions and individual shareholders etc.

 

Photograph available on www.pib.nic.in

nsk/db/dk/kol/14:53 hrs.

--
Palash Biswas
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