(Bloomberg) -- Oil & Natural Gas Corp. may confirm
acting Chairman R.S. Sharma to lead India's most profitable
company after a 14-month recruitment drive failed to attract a
single applicant from the private sector due to low pay.
Sharma, 56, may get approval from the Prime Minister's
Office as early as today, replacing Subir Raha who stepped down
in May, 2006, company spokeswoman Narayani Mahil said yesterday.
The state owns 74.14 percent of Oil & Natural Gas's shares. All
71 applicants for the post were from the government or public
sector, Raha said. Sharma wouldn't comment.
Read more at Bloomberg Emerging Markets News
acting Chairman R.S. Sharma to lead India's most profitable
company after a 14-month recruitment drive failed to attract a
single applicant from the private sector due to low pay.
Sharma, 56, may get approval from the Prime Minister's
Office as early as today, replacing Subir Raha who stepped down
in May, 2006, company spokeswoman Narayani Mahil said yesterday.
The state owns 74.14 percent of Oil & Natural Gas's shares. All
71 applicants for the post were from the government or public
sector, Raha said. Sharma wouldn't comment.
Read more at Bloomberg Emerging Markets News
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