Top Candidates in Race for MMTC & NCL Board Posts – PESB Interviews Held on 18 March 2026 MMTC Limited, a Schedule ‘A’ Miniratna company, conducted interviews for the role of Director (Finance) on 18 March 2026. Eight senior finance executives from leading Maharatna and Navratna public sector undertakings (PSUs) were shortlisted for the final selection round. The candidates included Shri Sanjay Kumar Sahay, General Manager (Finance) at MMTC Limited; Shri Rajeev Kumar, General Manager at MMTC Limited; Shri Rajesh Kumar, General Manager at MMTC Limited; Shri Pankaj Kumar Gupta, General Manager at GAIL (India) Limited; Shri Satish Kumar Sinha, General Manager at ONGC Limited; Shri Arvind Kumar, General Manager at SAIL; Shri Sunil Kumar, General Manager at BHEL; and Shri Vivek Gupta, General Manager at NTPC Limited. Simultaneously, the Public Enterprises Selection Board (PESB) held interviews for the position of Director (Personnel) at NCL, a key subsidiary of Coal India Limited. The role requires expertise in human resources and industrial relations. The shortlisted candidates for this position included Shri Manish Kumar, General Manager (HR) at NCL; Shri Rajneesh Narain, General Manager (Personnel) at Coal India Limited; Shri S.K. Singh, General Manager at Western Coalfields Limited; and Shri Vinay Ranjan, General Manager (HR) at Central Coalfields Limited. The interviews marked a significant step in PESB’s ongoing efforts to appoint experienced leaders to drive growth and operational efficiency in India’s central public sector companies. Recent appointments made by PESB include Shri Satish Kumar Sinha, selected as Director (Finance) at GAIL (India) Limited on 17 March 2026, and Shri Satyabrata Mukherjee, appointed as CMD of Armoured Vehicles Nigam Limited (AVNL) on 16 March 2026.#gail_india_limited #mmtc_limited #pesb #ncl #coal_india_limited
LPG shortage ‘spurs’ increase in demand for piped gas in Ranchi Residents in Ranchi are increasingly turning to piped natural gas (PNG) as concerns over LPG supply shortages grow, according to officials. The city gas distribution project, managed by GAIL (India) Limited, has seen a surge in demand for PNG connections, with over 24,000 households already connected and nearly 18,000 using the service regularly. Officials noted that the expansion of the PNG network is progressing, with infrastructure now in place to serve approximately 78,000 homes. This includes nearly 550 km of MDPE pipelines and around 70 km of steel pipes, enabling gas supply to multiple neighborhoods. The initiative has been activated in several areas, including Bariatu, Harmu, Ashok Nagar, MECON Colony, Argora, Pundag, Hatia, Dhurwa, Tupudana, Namkum, Kanke, and parts of Lalpur. GAIL officials reported a steady rise in new applications, with an average of 60-75 domestic PNG connections issued daily. In the past 15 days alone, nearly 900 connections were approved, while approximately 100 consumers registered daily and paid security deposits, signaling a growing preference for piped gas over LPG. The shift is attributed to fears of prolonged LPG shortages, which have led to panic buying and supply disruptions in several cities. Officials emphasized that the expansion of the PNG network aims to address these concerns by providing a reliable alternative for cooking fuel. The project’s infrastructure now supports a significant portion of Ranchi’s residential areas, with ongoing efforts to connect remaining neighborhoods. The government has also urged citizens to avoid hoarding LPG cylinders and to opt for PNG as a more stable option. With the LPG crisis affecting major cities like Bengaluru, Mumbai, and Kolkata, the push for piped gas is gaining momentum.#gail_india_limited #ranchi #bariatu #harmu #ashok_nagar
Will Piped Gas Supply Remain Unaffected Amid LPG Cylinder Shortage? Top PNG Supplier Addresses Iran-Israel War Fallout The ongoing conflict between Iran and Israel has disrupted nearly 90% of India’s liquefied petroleum gas (LPG) and liquefied natural gas (LNG) imports, raising concerns about the stability of domestic energy supplies. In response, the Indian government has prioritized piped natural gas (PNG) for households, ensuring that residential consumers remain unaffected despite supply constraints in industrial and commercial sectors. The central government has issued new regulations under the Natural Gas (Supply Regulation) Order, 2026, allowing the diversion of gas from petrochemical plants and refineries to maintain full capacity in residential pipelines. This measure aims to shield domestic users from the fallout of global supply chain disruptions caused by drone strikes on critical energy infrastructure. The government has invoked the Essential Commodities Act, 1955, to override existing commercial contracts and guarantee 100% of past six-month average consumption for Priority Sector I, which includes domestic PNG and compressed natural gas (CNG) for transport. This ensures that as long as gas is available in the national grid, it will be directed to household pipelines before being allocated to factories or power plants. The regulatory framework also mandates that gas diverted from industrial sources must remain affordable for essential sectors, with GAIL (India) Limited tasked with managing a "pooled price" mechanism to prevent cost spikes for residential users. Gas distributors have confirmed that domestic PNG supply remains stable, despite rising procurement costs due to the war.#iran #israel #india #strait_of_hormuz #gail_india_limited
Stocks To Watch: DMart, Meesho, UltraTech, Kotak Mahindra Bank, Tata Power, PB Fintech, And Others Indian equity markets are expected to open the week on a weak note, influenced by negative global market trends. Early trading indicators suggest a gap-down start for key benchmark indices. At 06:50 AM, the GIFT Nifty was trading at 23,839, down 706 points from its previous close, signaling a sharp decline at the beginning of Monday’s session. Several stocks are set to be closely monitored on Monday. UltraTech Cement has entered into an Energy Supply Agreement, along with a Share Subscription and Shareholders Agreement, to acquire a 26.20% equity stake in Sunsure Solarpark Thirty Eight Private Limited, a renewable energy company. HDFC Life Insurance Company’s board has approved the appointment of Vijay Vaidyanathan as Chief Human Resource Officer, effective April 1, 2026. Dr. Reddy’s Laboratories announced that the US Department of Justice has closed its inquiry under the Foreign Corrupt Practices Act (FCPA), stating it will not pursue enforcement action against the firm. Kotak Mahindra Bank received approval from the Reserve Bank of India for the appointment of Anup Kumar Saha as Whole-time Director (Executive Director) and Key Managerial Personnel. The bank also announced a collaboration with Salesforce to digitally transform its rooftop solar, EV charging, and smart home solutions businesses. Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) reported that LNG supply disruptions caused by the Middle East conflict have impacted its operations. Supplier GAIL (India) Limited received a force majeure notice from Petronet LNG, leading to a reduction in RLNG allocations to GNFC to 60% of the daily contracted quantity starting March 6, 2026.#kotak_mahindra_bank #ultratech_cement #hdfc_life_insurance #dr_reddy_laboratories #gail_india_limited
