Oil and Gas Corporation (ONGC) has submitted a government proposal to increase paid up capital by ONGC Videsh of Rs 300 crore according to RS 500 crore.

ONGC Videsh is a subsidiary of ONGC, is investing in oil ventures abroad.

“The registered capital of ONGC Videsh is relatively low compared to debt on its balance sheet. The issue of debt-equity compared sometimes the way of smooth running of our business abroad. We also proposed that the authorized capital of ONGC Videsh, up to Rs 5000 crore, “Mr. Subir Raha, Chairman and Managing Director, ONGC, said the edge of the newspersons launch of the “super-Unnati Prayas programme for ONGC employees.

Under this programme, ONGC sends his career in the mid-leaders of the Indian Institute of Foreign Trade (IIFT) for an MBA 18-month residential program.

The program, under the direction of IIFT for ONGC workers should pay special attention on trade and international affairs.

For the first part, twenty leaders were selected from about 340 nominations received from ONGC employees.

Mr. Raha said ONGC and spend over Rs 25 crore per annum for the training of its leaders in management and engineering programs.

The company will also soon in a tie-up Management Development Institute to offer a general programme management of his career in the mid-leaders.

The hotel and tourism management “of large waves of the next”, hit in India, says Sunil Bharti Mittal, Chairman & Group Managing Director of Bharti Enterprises.

In his convocation address at the Indian Institute of Management, Bangalore (IIMB) tonight, he said he personally believes that software, IT-enabled services (ITES) and telecommunications is a “well done”.

“Hotels and tourism, management of large trees are taken, that India is a very spectacular way, because they are many spin-off industries, which derive from these sectors,” said Mittal.

He also said that the possibility for India in the field of health care is enormous, because “we have the talent, knowledge and human beings, the work to be done.”

Mittal pointed out that public service right National Health Service (NHS) of the United Kingdom sends patients to India for treatment. “I have the eye NHS chartered planes to India from time to time, to deal in India.”

According to him, India is placed more and more as a knowledge society and what is more important, the obligation of the demographics of this country represents the world and rest.

He recalled that 630 million people in India are of working age, a figure which, according to projections up to 837 million by 2010, “India is a continent of consumers in six years.”

The Western world is becoming older, “said Mittal. “I think they (the Western world) are a denial mode. Elasticity of 10 years, she began to fight. Twenty years from now, I have no doubt that the hands and heads India When it comes to who can work the world. ”

He added: “The Indian nurses, doctors and teachers to do .. Going onshore jobs and the Indian economy auditors and lawyers are offshore jobs here from India. ”

“I believe, personally, India is the time has come”.

In the manufacturing sector, he said he is personally of the opinion that “we lost at this stage, in China, we should not have lost.”

“India is a giant. Suddenly, the past 20 years, China splitterte in this field and we lost,” said Mittal, adding that this is a tough task for New Delhi to have now a revival in this sector.

He spoke in India, but the fact very well in the field of automotive components and light-Engineering.

Last month, Roopa Kudva joined the ranks of a handful of women professionally managed financial position of the Institute. She received the name of MD & CEO of the incumbent chief Crisil R Ravimohan has been increased for the post of Managing Director and head of the region in South Asia Crisil of the parent company of Standard & Poor’s.

Those who believe that Ms. Kudva a former ICICIer “may be awarded. It was the creation within the team Crisil - an institution encouraged by the Icici time, which has a reputation for promoting more Presidents of women in the financial sector.

Kudva woman began his career with Industrial Development Bank of India, Icici, then a rival, and was its finance department of the project. She was among the few daring that has thrown a lot in creating a credit rating agency during the year 1992, an era, belongs to a minority on the activity of India. There was also a personal reason for the move. Add Crisil gave him an opportunity to Bangalore, where her husband was published.

She is a graduate of Statistics and an MBA from the Indian Institute of Management, Ahmedabad. The daughter of an officer of IAS most of the time of his childhood in the North-East and moved to Mumbai, after they have IDBI.

A decisive moment in his career came when she was seconded Standard & Poor’s office in Paris as director, financial institutions rated in the year 1998 and to cover emerging markets in the Mediterranean and the Near and Middle East. Two years later, she was Chief Officer Ratings - top-rating work in the business.

As a company of the audit began in India, they were a pain to say that the notation was not guaranteed, but express an opinion. An opinion for the costs were paid by the company in which the opinion was adopted. As head of Crisil’s Rating Affairs, Ms. Kudva us the idea that the credit rating agency should not be confined to the debt.

Ms. Kudva appointment is a time when prospects are bright with Crisil standards RBI, banks more support by the rating agencies. The Fellowship of the regulatory authority has also sought the services of rating agencies to read Exchange. But business is challenges layers of coverage. A few weeks before the S & P chief Kathleen Corbet occurred to make room for Indian to head the largest credit rating agency.

The move was widely seen as a criticism of falling into the world of rating agencies for their failure to guard against the risk of Subprime mortgage business. As head of the third rating agency, Ms. Kudva now has the task of shareholders happy and at the same time maintaining investor confidence in the rating agencies.

L & T MD pockets IIIE award outstanding Chief Executive

Mumbai, November 11 (PTI) Larsen & Tourbo Chairman and Managing Director AM Naik has been transferred with the “Outstanding Chief Executive Award from the Indian Institute of Industrial Engineering (IIIE).

Union Minister of State Security Prithviraj Chouhan gave the award to Naik in the speech took office on 7 IIIE National Convention in New Delhi today, “said a company release.

The award is a recognition for professionals and the dynamic leadership of bosses

Symbiosis Centre for Management and Human Resources Development (SCMHRD), in association with global business process management (BPM) company Savvion, will offer a course in BPM at its institute in Pune.

Symbiosis will incorporate a basic and an advanced course on BPM in its syllabus where Savvion will provide Symbiosis the course content and relevant educational software licences to conduct the courses. The courses are aimed at helping students under stand BPM and its implications in the business.

The first class is scheduled to commence in January 2008. The prospectus will be available at the institute.

Says SCMHRD director K. S. Subramanian: “BPM software skills are much sought after currently and will continue to grow. While looking at a knowledge and technology partner, we realised that Savvion’s development perspective is very much in tune with our thinking.”

Savvion India managing director Kaushal Mashruwala says: “Symbiosis has taken a headstart in this area. Many large software service vendors such as Infosys, Patni, Wipro, and TCS have expressed a need for a good supply of BPM professionals. This course will help many of these firms to get ready access to qualified resources.”

Central Coal Fields Limited CMD RP Ritolia in his office. Image Hardeep Singh

It maintains a Coal Company is a hockey team where every player has to play when the team to succeed. A team of cricket, on the other hand, is different because it can win, even if only a rating Sachin Tendulkar a century.

A man with strong faith performance of the team, Rajendra Prasad Ritolia was to focus on the welfare schemes for workers and investments after the capture of the Central Coal Fields Limited, three months ago.

Born in Dhanbad, Ritolia on a higher follow-up studies as a student of the DAV Public School. He continued to make his technique in mines of Indian School of Mines.

Ritolia, a man with years of experience in the field, was a pioneer in the introduction of mechanization open in Bharat Coking Coal Limited. In addition to the exploitation of the CCL, he is also the chairman-cum-managing director of the Eastern Coal Fields Limited and chairman of the Community of Coal Videsh Limited. In an interview with Arun Kumar Thakur, Ritolia discussions on the future of the CCL and a multitude of relevant issues.

U.S. President George W. Bush visit to Hyderabad, it is expected that the thrust to another Hyderabad the overall image of the city as a new ideal and objective investment indicate leader.

A journey through the city on Friday, one of the most powerful men Hyderabad help gain recognition at international level, and open the door to new investment in this capital of Andhra Pradesh, famous for its pearls, palaces and delicious dishes like the computer -, biotechnology and pharmaceuticals, they say.

“Bush is visiting to contribute to what the city on the map. It offers trade spin-off benefits and open the doors to foreign direct investment, “said Shakti Sagar, managing director of ADP Private Limited.

Sagar, former president of Hyderabad Software Exporters Association (HYSEA), hopes that all sectors, including the benefits of this visit. “The visit will help the city grow faster,” he said.

With the four Bush-and-a-half-hour visit Hyderabad deserve the distinction of being the only city next to New Delhi to visit the two U.S. presidents.

Although Bush has visited the city HITEC computing hub, and will interact with farmers and researchers at a university of agriculture and businesses on the Indian School of Business, Business leaders hope that the visit is emphasis on the city, as was the case during his predecessor Bill Clinton to visit.

Chairman-cum-Managing Director of Nalco C R Pradhan called upon MBA students to combine management concepts and theories with values and work ethics to become successful professionals.

Addressing students on the ninth convocation function of the Institute of Management and Information Science (IMIS) here on Saturday, Pradhan also emphasised on development of leadership qualities and problem-solving skills among the managers.

They should be decision-makers and lead the organisation they work for in the path of progress, he said.

Director of Xavier Institute of Tribal Education, Jamshedpur, Father P.D.Thomas prescribed a formula for success to budding managers-professional practices with a humane touch.

Director, IMIS H K Patnaik announced that the institute is set to add more programmes to the existing range in the near future.

The institute would offer courses in agriculture management and hotel management, he informed. Students, who topped in the different fields of specialisation, were awarded.

Among others, advisor K K Beuria and Chief Co-ordinator, placement, K S V Subramanian spoke.

P K Bishnoi will be the new chairman and managing director of Visakhapatnam Steel Plant (VSP) of Rastriya Ispat Nigam Limited.

He will take charge on May 1 from Y Siva Sagara Rao who will retire on April 30.

The Public E n t e r p r i s e s Selection Board, New Delhi cleared Bishnoi’s appointment and the appointment order has reached VSP.

Bishnoi, an engineering graduate from the Indian School of Mines, Dhanbad, did his MBA from IIM-Ahmedabad with finance as specialisation.

He had served many private and public sector units in various capacities before joining the VSP as director (finance) on April 1, 2004. He will hold the office of CMD till 2011.

Varca (GOA), Sept. 2 (PTI): Air India is the future of its merger with India for the entire group ‘largest airlines in Asia, “said a senior official today.

“We are waiting for the green light to the merger, strengthening our market position,” Air India’s Chairman and Managing Director (cmd) Thulsidas Vasudevan, said PTI.

Thulsidas was here for a conference on “logistics”, organized by the Institute of Management Goa in south Goa.

“Open-Sky policy on the challenges and opportunities as the airlines. All airlines face stiff competition,” said Thulasidas.

Air India plans to continue to consolidate its global market position vis-à-vis the open skies policy global alliances with other players, “said CMD.

“On the cargo sector Indian government took the open air in 1990, while passengers on their next now. Technically, India open sky policy with us, while the rest, it is a liberal agreement” , Said Thulasidas.

Recalling that Air India “transformed,” said Thulasidas air, the more muscle induction of 68 new state-of-the-art aircraft in its fleet at a glance.

“They are from the beginning next November and the addition of three to four years,” the CMD, Air India said.

He said the new fleet would be the best in the world and at par with international airlines