Don’t miss the latest developments in business and finance.

Govt extends Bharathi S Sihag's term as NMDC CMD by 3 months

Image
Press Trust of India New Delhi
Last Updated : Apr 12 2016 | 9:48 PM IST
Government has extended the tenure of Bharathi S Sihag as Chairman and Managing Director (CMD) of the state-run iron ore miner NMDC by three months.
The three-month extension for Sihag, who is holding additional charge of CMD, is effective from April 1.
He also holds the post of Additional Secretary and Financial Adviser in Steel Ministry.
"In terms of order dated April 4, 2016 of Steel Ministry, the additional charge of the post of CMD NMDC is assigned to Bharathi S Sihag for a further period of three months with effect from April 1, 2016," NMDC said in a regulatory filing.
It would be applicable till the appointment of a "regular incumbent" to the post or until further orders, whichever is earlier, it added.
The previous CMD of the country's largest iron ore miner Narendra Kothari retired on December 31.
Government's head hunter Public Enterprises Selection Board (PSEB) recommended Gopal Singh for the top post, but sources said that Appointments Committee of the Cabinet has still not given its nod on the same.
Gopal Singh has been heading Central Coalfields Ltd (CCL) since March 2012.

Also Read

First Published: Apr 12 2016 | 9:48 PM IST

Next Story