Shri Ashok Sinha, Chairman, Bharat Petroleum Corporation Limited, Mumbai Your kind attention is invited to the media news and quote by Mr Samir Barua, Director, IIM, Ahmedabad on recruitment of IIM graduates in 2009. Mr Barua also happens to be an independent Director of BPC after leaving as independent Director of IOC.
Quote: "They were not regular entry-level profiles usually given to students. Students were taken at senior positions". Unquote: Further, kindly refer to the information received from IOC & BPC on recruitment of IIM graduates by them as placed below. http://www.scribd.com/doc/14362448/Bdvco13-PIO-IOC-CO-Reply-100409-Page-1 http://www.scribd.com/doc/14362450/Bdvco13-PIO-IOC-CO-Reply-100409-Page-2 http://www.scribd.com/doc/14673017/Bdvbpc1-IIM-Recruitment-PIO-200409 As can be seen from the replies, neither there is any separate recruitment policy for IIM graduates nor the IIM graduates have been recruited at senior positions. They have been recruited at the entry level. This confirms that Mr Samir Barua has told a white lie to paint a rosy and mis-leading picture. Further, being the IOC Director earlier and being BPC Director now, he is in full knowledge of the recruitment policies and still, knowingly, has told a blatant lie and acted in an unethical manner. As you are well aware, he is also facing criminal case against him at Jaipur on being an independent Director of IOC earlier. Such criminal minded person should neither be a Director of IIM or Director of BPC. By this email communication, I hereby request the Board of Directors of BPC to initiate action against Mr Samir Barua, independent Director of BPC, for acting in an unethical manner and violating the Code of Conduct of SEBI. With kind regards, -- Babubhai Vaghela 202, Sarap, Opp Navjivan Press, Off Ashram Road, Ahmedabad - 380 014 M - 91 94276 08632 (Administrator - Google Group - Right to Information Act 2005) http://timesofindia.indiatimes.com/India/PSUs-a-big-draw-at-IIM-A-placements/articleshow/4231382.cms AHMEDABAD: This is the year when the 'sarkari' job is making a comeback, even at the prestigious Indian Institute of Management-Ahmedabad (IIM-A). Thanks to the slowdown, placements for the 2007-09 batch saw government banks and public sector units (PSUs) take a huge share of graduates from this premier business school. The PSUs in total took 41 students out of a total of 235 from the batch a huge gain considering that they drew a blank over last two years. With the meltdown restricting choices of students, the normally adventurous IIM-A graduates opted for a stable job this time. These were the firms they used to turn away from earlier, preferring companies like Lehman Brothers and Merrill Lynch. Leading the PSU pack was Union Bank of India (UBI) which grabbed 18 graduates. The next big recruiter was Bank of Baroda (BOB) which took six followed by PSUs like Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Ltd (BPCL). Director of IIM-A Samir Barua told mediapersons on Thursday that even the job profiles offered were very different. "They were not regular entry-level profiles usually given to students. Students were taken at senior positions". The average domestic salary that has been offered is Rs 12.17 lakh per annum down from Rs 17.85 lakh last year. The average foreign salary offered was $83,000 which is far lower than last year's $119,000 per annum. Trends also showed that only seven PGP students of the class of 2007-09 students opted for entrepreneurship, compared to 11 last year. Obviously, less students felt confident about facing bleak market conditions. Finance remained a favourite sector with 39% of the students taking jobs in this sector. But this was far less than 57% of jobs which went to the finance sector last year. [Non-text portions of this message have been removed] ------------------------------------ Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/rti_india/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/rti_india/join (Yahoo! ID required) <*> To change settings via email: mailto:[email protected] mailto:[email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
