The video was trending on Facebook and was taken down due to some unknown reasons. Originally It was uploaded by #/CorcoiseFilms Credits : Agency_ O & M, Bangalore. 

Bharat Heavy Electricals Limited had successfully deployed space grade solar panels on the GSAT-10 satellite of the Indian Space Research Organisation (ISRO). BHEL had supplied four solar panels for GSAT-10, that have an area of 5.36 square metre each and comprise multi-junction solar cells in series and parallel combinations, with a total power capacity of 4000 watts. The satellite was launched from the Kourou launch base in French Guyana, and it is the heaviest Indian satellite built by ISRO and caters to the country’s telecommunications and television broadcasting requirements. Bharat Heavy Electricals Limited, in collaboration with Indian Space Research Organisation, also had established state-of-the-art 10,000 class clean room facilities at its Electronics Systems Division in Bangalore for the assembly and testing of Space Grade Solar Panels using high efficiency solar cells.

According to media reports, the Reserve Bank of India said that it may restructure the statutory liquidity ratio (SLR) to compute liquidity under the Basel-III regulatory norms. The move is aimed at preventing a recurrence of 2008 like financial crisis. CARE Research estimates domestic banks will be required to raise equity in the range of $40-$50bn over the next six years to meet BASEL-III guidelines. Banks ROE is projected to fall by 80-100bps for every 1% increase in core equity ratio, if other things remain constant. Given that most PSU banks core equity ratio is 6%-9%, CARE believes their ROE is expected to remain under pressure in the range of 100-200bps due to higher capital requirement. However, banks could increase or decrease their lending/ deposit rate by 15-25 bps, increase fee income or bring in cost efficiency to protect their ROE to fall from the current levels.

The Central Reserve Police Force is the largest of India's Central Armed Police Forces. It functions under the aegis of Ministry of Home Affairs (MHA) of the Government of India. Its main role lies in assisting the State/Union Territories in police operations to maintain law and order and contain insurgency. Besides Law and Order and counter-insurgency duties, the role of Central Armed Police Forces in the General Elections, held repeatedly during the past few years, has been very significant and vital. With 220 battalions and various other establishments, the CRPF is considered the largest paramilitary force in the world.

Indian Overseas Bank is a state-owned bank headquartered in Chennai, India. It has more than 2650 domestic branches, 3 extension counters and six branches overseas as of march 2012. Indian Overseas Bank has an ISO certified in-house Information Technology department, which has developed the online banking software IOB offers internet Banking (E-See Banking) & Mobile Banking. The bank was established by M. Chidambaram Chettyar in 1937. In 2007, IOB took over Bharat Overseas Bank. In 2010, Malaysia awarded a commercial banking license to a locally incorporated bank to be jointly owned by Bank of Baroda, IOB and Andhra Bank. The new bank, India International Bank (Malaysia), will reside in Kuala Lumpur. Andhra Bank will hold a 25% stake, Bank of Baroda will own 40% and IOB the remaining 35%.

The validity of the scorecard issued for the first CWE for Clerks held in November/ December 2011 expiring in February 2013. The next Common Written Examination (CWE Clerk-II) as a pre-requisite for selection of personnel for Clerical cadre posts in the Public Sector Banks will be conducted online by the Institute of Banking Personnel Selection (IBPS) tentatively in December 2012.

The validity of the scorecard issued for the first CWE for Clerks held in November/ December 2011 expiring in February 2013. The next Common Written Examination (CWE Clerk-II) as a pre-requisite for selection of personnel for Clerical cadre posts in the Public Sector Banks will be conducted online by the Institute of Banking Personnel Selection (IBPS) tentatively in December 2012. Any eligible candidate, who aspires to join any of the Public Sector Banks listed below as a Clerk or in a similar post in that cadre, is required to clear the Common Written Examination (CWE). 

The National Micro Credit Control Organisation (NMCCO) has been established to foster sustainable development of microfinance sector through creating an enabling environment for MFIs in India. National Micro Credit Control Organisation distributes small loans that begin at Rs. 2,000 to Rs. 45,000 to poor women so they can start and expand simple businesses and increase their incomes. Their micro-enterprises range from raising cows and goats in order to sell their milk, to opening a village tea stall etc. National Micro Credit Control Organisation also offers micro-insurance to the poor as well as financing for other goods and services that can help them combat poverty.

SUSTAINABLE ENERGY FOR ALL is an initiative launched by the United Nations Secretary-General and guided by his High Level Group that brings all key actors to the table to make sustainable energy for all a reality by 2030. India is hosting an international seminar on Energy Access. Prime Minister, Dr Manmohan Singh inaugurated the function. Below given are the important points in his inaugural address. 

One of the principal development challenges confronting humankind today is to ensure that each person has affordable access to energy. Lack of access to energy deprives millions of people of a basic minimum living standard. 

The National Institute for Entrepreneurship and Small Business Development, an organization of the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, engaged in training, research and other interventions with the objective of promotion of entrepreneurship and development of small and micro enterprises in the country, has joined hands with the Sun Online Learning India Pvt. Ltd. for promoting the E-learning initiative (www. careerstrokes.com) developed by the Company for career planning and career enhancement. NIESBUD has provided training to 1,27,768 persons as on September 30, 2012 through 4,764 different training programmes since its inception in July 1983. This includes 2,285 international participants hailing from more than 130 countries throughout the globe.

Hindustan Aeronautics Limited (HAL), founded in 1940, is one of world's largest aerospace companies. It works under the management of the Defence Ministry of India and mainly involved in the manufacturing and assembling of aircrafts, navigation and related communication equipment, as well as operating airports. HAL built the first military aircraft in South Asia and is currently involved in the design, fabrication and assembly of aircraft, jet engines, and helicopters, as well as their components and spares. It has several facilities throughout India including Koraput, Lucknow, Bangalore, Nasik, Korwa, Hyderabad and Kanpur. The German engineer Kurt Tank designed the HF-24 Marut fighter-bomber, the first fighter aircraft made in India. HAL has a long history of collaboration with international players such as Boeing, Airbus, Israel Aircraft Industries, Sukhoi Aviation Corporation etc. Currently it has an employee strength of nearly 35,000.

Continuing with the reforms momentum, the cabinet approved allowing 49% Foreign Direct Investment (FDI) in insurance. It cleared all amendments of the insurance bill. The government wants to build on the positive sentiment created by its reforms burst while sending out a clear message that it is doing all it can to arrest the deceleration in growth that has been forecast by a stream of forecasters. Last week, the Asian Development Bank cut its growth estimate for this year to 5.6 per cent from 7 per cent earlier. "Unless we go for 49 per cent, we will not have the kind of capital required to underpin the growth of insurance industry," Insurance Regulatory and Development Authority ( Irda) Chairman J Hari Narayana said on the sidelines of a CII event in Delhi.

Through current affairs online test series, currentaffairsindia.info presents the most relevent model questions on Indian Current Affairs. These questions are applicable to Civil Service Prelims(CSAT 2013), Railway Recruitment Exams, Bank PO and clerical exams and various other competitive exams. The questions are framed from Government releases, various major news papars etc. Any comments/doubts are welcomed!! 

1. Which among the following are correct about the recently launched Indian satellite GSAT 10?

1. GSAT-10 is the heaviest satellite of India till now.

2. GSAT-10 has a life span of around 15 years.

3. GSAT-10 was launched from Thumba,Kerala

4. GSAT-10 has GPS aided Geo Augmented Navigation System, known as GAGAN.

State Bank of India is the largest banking and financial services company in India by market capitalization, revenue and assets. It is a Govt-owned bank with its headquarters in Mumbai, Maharashtra. As of March 2012, it had assets of US$360 billion with more than 13,500 outlets including 157 overseas branches and agents globally. The bank was earlier known as Imperial Bank of India. Bank of Madras merged into the other two presidency banks—Bank of Calcutta and Bank of Bombay—to form the Imperial Bank of India, which in turn became the State Bank of India. In 1955, Government of India nationalised the Imperial Bank of India, with the RBI taking a 60% stake, and renamed it the State Bank of India. In 2008, the Government of India took over the stake held by the RBI. State Bank of India has been ranked 285th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012.

Punjab National Bank was founded in 1894 and is currently the second largest state-owned commercial bank in India just behind State Punjab National Bank with about 5000 branches across 764 cities. Punjab National Bank is the third largest bank in India by assets. It serves over 38 million customers. The bank has been ranked 248th biggest bank in the world by the Bankers Almanac, London. PNB has a banking subsidiary in the UK, as well as branches in Dubai, Hong Kong and Kabul. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present. Punjab National Bank was ranked 26 in the Fortune India 500 ranking of 2011. PNB has had the privilege of maintaining accounts of national leaders such as Mahatma Gandhi, Jawahar Lal Nehru, Lal Bahadur Shastri, Indira Gandhi etc.

China’s Defence Minister said that Beijing reserves the right to take further action against Japan in the ongoing dispute over uninhabited islands in the East China Sea. According to the Minister, Japan should bear full responsibility for the dispute, which has triggered violent protests in China against the Japanese. U.S. Defence Secretary Leon Panetta has been pressing both China and Japan to find ways to resolve the problem peacefully and diplomatically. Defence Minister said he hopes the Japanese government “will undo its mistakes and come back to the right track of negotiations.” Tensions over the islands spiked last week when the Japanese government said it was purchasing some of them from their private owner.

Bharat Heavy Electricals Limited, founded in 1953, is one of the largest India Government owned engineering and manufacturing enterprise in the energy-related and infrastructure sector which includes Power, Railways, Transmission and Distribution, Oil and Gas sectors etc. It has given navaratna status by the Government of India. BHEL is the 12th largest power equipment manufacturer in the world. In 2011, It ranked ninth most innovative company in the world by Forbes magazine. BHEL is the only Indian Engineering company on the list. It is also placed at 4th place in Forbes Asia's Fabulous 50 List of 2010. The company has been earning profits continuously since 1971-72 and paying dividends since 1977. BEHL manufactures nearly 75% of the equipments used to produce power in India.

Indian Oil Corporation Limited is an India Government owned oil and gas corporation with its headquarters in New Delhi. According to the Fortune Global 500 list, the company is the world's 83rd largest public corporation and the largest public corporation in India when ranked by revenue. IndianOil and its subsidiaries account for a 47% share in the petroleum products market, 34% share in refining capacity and 67% downstream sector pipelines capacity in India. The IndianOil Group of Companies owns and operates 10 of India's 21 refineries with a combined refining capacity of 65.7 million metric tons per year.It is one of the five Maharatna status companies of India, along with Coal India, NTPC, ONGC and Steel Authority of India. Currently IOCL is looking for dynamic graduates to work as Graduate Engineers and Assistant Officers.

The Vice President of India Shri M. Hamid Ansari has said that Indian Muslims are, in more ways than one, sui generic. They are 13.4 percent of India’s population; at the same time, they are the second or third largest Muslim community in our world of nation-states. Addressing after releasing a book entitled “Muslims in Indian Cities” edited by Laurent Gayer and Christoph Jafferlot, Shri Ansari has said that Muslims have lived in India’s religiously plural society for over a thousand years, at times as rulers, at others as subjects and now as citizens. They are not homogenous in racial or linguistic terms and bear the impact of local cultural surroundings, in manners and customs, in varying degrees.

RCF Ltd is a leading profit making and progressive public sector undertaking in the business of manufacturing and marketing of Fertilizers and Industrial Chemicals. The Manufacturing units are in Maharashtra (at Thal - Dist. Raigad and at Trombay / Chembur, Mumbai) with National level Marketing network. Employee strength is about 4100 and sales turnover (for the financial year 2011-2012) is about Rs. 6499.22 crores. Company provides excellent career growth.

Hindustan Petroleum Corporation Limited (HPCL), founded in 1974, is an India-Government owned oil company headquartered at Mumbai. HPCL is one of the world's biggest corporations with a rank of 267 in the Fortune Global 500 rankings for the year 2012. Currently it has refining capacity of 13.00 million metric tonnes (MMT). Its main products are petrol, diesal, lubricants, LPG, bitumen etc. HPCL is the market leader in lubricant and associated products and has more than 30% of market share. It is one among the 16 navratna companies of India and has an employee strength of nearly 12,000. Currently HPCL is looking for dynamic engineering graduates to work as Graduate Engineers.

GAIL (India) Limited, founded in 1984, is an India Government owned natural gas processing and distribution company. GAIL has reached new milestones with its strategic diversification into Petrochemicals, Telecom(GAILTEL) and Liquid Hydrocarbons besides gas infrastructure. The company has also extended its presence in Power, City Gas Distribution, Liquefied Natural Gas re-gasification and Exploration & Production through participation in equity and joint ventures. The company has been awarded the Navaratna status due to its strong financial performance.Currently GAIL is hunting for Executive Trainees.

The Department of Posts, popularly known as India Post, is a government-operated postal system in India. As of March 2011, the Indian Postal Service has more than 150,000 post offices, of which around 90% are in rural areas. At the time of independence, there were 23,344 post offices, which were primarily in urban area. Thus the network has registered a sevenfold growth since independence, with the focus of the expansion primarily in rural areas. On an average, a post office serves an area of 21.23 sq;km and a population of 7,114 people. According to Wikipedia, this is the most widely distributed post office system in the world. The postal service comes under the Department of Posts which is a part of the Ministry of Communications and Information Technology under the Government of India. India has been divided into 22 postal circles, each circle headed by a Chief Postmaster General. Besides the 22 circles, there is a special Circle called the Base Circle to cater to the postal services of the Armed Forces of India. The Base Circle is headed by an Additional Director General, Army Postal Service holding the rank of a Major General.

In pursuance of the Government’s vision of creating a Slum-free India, ‘Rajiv Awas Yojana’ (RAY) has been approved on June 2011. The Phase I of Rajiv Awas Yojana is for a period of two years from the date of approval of the scheme. Phase II will cover the remaining period of the 12th Plan (2013-17). The Scheme will provide financial assistance to States that are willing to assign property rights to slum dwellers. This assistance is for provision of decent shelter and basic civic and social services for slum redevelopment, and for creation of affordable housing stock. Fifty percent (50 %) of the cost of provision of basic civic and social infrastructure and amenities and of housing, including rental housing, and transit housing for in-situ redevelopment – in slums would be borne by the Centre, including operation & maintenance of assets created under this scheme. For the North Eastern and Special Category States the share of the Centre would be 90% including the cost of land acquisition, if required.

According to the official site of SSC, the main responsibility of the Staff Selection Commission is to make recruitment to Group C (non-technical) & Group B (non-gazetted- both technical & non-technical) posts in departments of Government of India, its attached & subordinate offices except those for which recruitment is made by the Railway Recruitment Boards & Industrial Establishments. The Staff Selection Commission is also assigned the task of conducting Departmental Examinations for 1.Promotion from Group D to LDC Grade, 2. Promotion from LDC to UDC Grade and 3. Promotion from Stenographers Grade D to Stenographers Grade C besides holding Periodical Typewriting Tests in English & Hindi. The Staff Selection Commission has a nationwide network of 9 Regional/Sub-regional Offices located at Allahabad, Bangalore, Chennai, Guwahati, Kolkata, Mumbai, New Delhi & Sub-regional offices located at Chandigarh & Raipur.

Welcome job hunters!!. This page will be the home for all hot government jobs in India for the year 2013. All UPSC jobs, Jobs in top PSU banks, Jobs in Maharatna companies, Jobs in Navratna companies, Jobs in ISRO, Jobs in DRDO, Jobs in Railways, Jobs in Indian Army, Jobs in Indian Airforce, Jobs in Indian navy, top PSC jobs etc will be published here. Please follow the links.

13 August 2012 : Defence Acquisition Council has approved a fifteen year Long Term Integrated Perspective Plan (LTIPP) 2012-2027 and five year services Capital Acquisition Plan (SCAP) for modernisation of the Armed Forces. Acquisition of weapons and equipment for armed forces is a complex activity and is carried out in accordance with the provisions of Defence Procurement Procedure (DPP). As per broad time frame given in DPP, it takes about 2-3 years to complete the various stages of procurement and conclude the contract. Government constantly reviews the security scenario and accordingly decides to induct appropriate defence equipment / platforms. This is a continuous process undertaken through procurement from various indigenous as well as foreign sources to keep the armed forces in a state of readiness to meet any eventuality. This information was given by Minister of Defence Shri AK Antony in Lok Shaba.

12 August 2012 : India is planning for another mega defence deal, worth $1 billion, for the acquisition of 56 naval utility helicopters customized for surveillance, anti-submarine warfare, anti-terror, electronic intelligence gathering and search and rescue operations. According to Times of India, Indian armed forces are looking to induct as many as 900 helicopters in the coming decade, including 384 light-utility and observation, 90 naval multi-role, 65 light combat, 22 heavy-duty attack, 139 medium-lift and 15 heavy-lift. The new tender or RFP (request for proposal) for the 56 naval helicopters was issued to all top global aviation majors — ranging from Boeing, Bell and Sikorsky to Kamov, Eurocopter and AgustaWestland. "The naval utility helicopter are planned for induction from 2016 (onwards)," said Navy chief Admiral Nirmal Verma. As per the RFP, the project involves induction of the 56 choppers, three simulators, 28 spare engines and associated equipment within eight years of the inking of the contract.

Panchayat Sanchar Sewa Kendras (PSSKs) under the ‘Panchayat Sanchar Sewa Yojana’ scheme are opened at the Gram Panchayat Headquarters which are without Post Offices to provide basic postal facilities at Gram Panchayat Headquarters. This scheme is being implemented by the Gram Panchayats through agents appointed by them (Gram Panchayats) with the written consent of the concerned Superintendent/ Senior Superintendent of Post Offices. This is also subject to receipt of applications from the heads of the Gram Panchayats.

Russia is planning to build a string of naval bases along its northern coast as it prepares to claim a vast swath of the energy-rich Arctic. According to Government statements, Russia will deploy a combined-arms force of naval, border and coastal guard units to protect its economic and political interests in the Arctic by 2020. Russia, which is entitled to a 200-mile Exclusive Economic Zone in the Arctic, plans to submit next year its claim for a 150-mile additional territory on the grounds that the seabed is continuation of its continental shelf. This claim is disputed by other Arctic powers — Norway, the United States, Canada and Denmark. Russia also plans to open year-round navigation along the Northern Sea Route, which stretches for 5,600 km along Russia’s Arctic coast from Murmansk in the Barents Sea to the Bering Strait in the Far East.

Punjab National Bank was founded in 1894 and is currently the second largest state-owned commercial bank in India just behind State Punjab National Bank with about 5000 branches across 764 cities. Punjab National Bank is the third largest bank in India by assets. It serves over 38 million customers. The bank has been ranked 248th biggest bank in the world by the Bankers Almanac, London. PNB has a banking subsidiary in the UK, as well as branches in Dubai, Hong Kong and Kabul. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present. Punjab National Bank was ranked 26 in the Fortune India 500 ranking of 2011. PNB has had the privilege of maintaining accounts of national leaders such as Mahatma Gandhi, Jawahar Lal Nehru, Lal Bahadur Shastri, Indira Gandhi etc.

Oil and Natural Gas Corporation Limited, founded in 1956, is an India Government owned oil and gas company headquartered in Dehradun. It is one of the world's largest oil and gas exploration and production companies, and produces around 77% of India's crude oil which is equivalent nearly 30% of the country's total demand and around 81% of its natural gas. It is one of the largest publicly traded companies by market capitalization in India. In the Fortune Global 500 list, it has been ranked 357th of the world's biggest corporations for the year 2012. Currently India Government owns 74.14% equity stake and the rest is with public. It is one of the five Maharatna status companies of India, along with Coal India, IOCL, NTPC and Steel Authority of India.

With an aim to give a big boost to trade and bilateral relations and enhance economic cooperation, the Union government notified a law permitting investments by Pakistan citizens and companies in India in sectors and activities other than defence, space and atomic energy. Pakistan was the only country in the negative list under the Foreign Exchange Management Act (FEMA), which prohibits investments in India. Sri Lanka was removed from the list in 2006 and Bangladesh in 2007. Both countries had agreed to allow one-year multiple entry visas for business visitors and entry and exit through different cities.

Government of India decided to allow foreign direct investment (FDI) from Pakistan in a move to boost bilateral economic relations. "The government of India has reviewed the policy...and decided to permit a citizen of Pakistan or an entity incorporated in Pakistan to make investments in India, under the government route, in sectors/activities other than defence, space and atomic energy," an official statement said. To address the security concerns, foreign direct investment proposals from Pakistan would be routed through the Foreign Investment Promotion Board (FIPB). Recently the government has allowed investments from Bangladesh under the FIPB route.

Bharat Electronics Limited, founded in 1956, is an India Government owned electronics company with its headquarters in Bangalore. It has nine factories and few regional offices in India. It is owned by the Indian Government and primarily manufactures advanced electronic products for the Indian Army, Nay and Air Force. BEL is one of the eight public sector Units under Ministry of Defence, Government Of India. It has given navaratna status by the Government of India. BEL designs, develops and manufactures products in the fields of Electronic Voting Machines, Radars, Defence Communications, Tank electronics, Fire-control systems, Missiles etc.

Bharat Electronics Limited, founded in 1956, is an India Government owned electronics company with its headquarters in Bangalore. It has nine factories and few regional offices in India. It is owned by the Indian Government and primarily manufactures advanced electronic products for the Indian Army, Nay and Air Force. BEL is one of the eight public sector Units under Ministry of Defence, Government Of India. It has given navaratna status by the Government of India. BEL designs, develops and manufactures products in the fields of Electronic Voting Machines, Radars, Defence Communications, Tank electronics, Fire-control systems, Missiles etc.

Bharat Heavy Electricals Limited, founded in 1953, is one of the largest India Government owned engineering and manufacturing enterprise in the energy-related and infrastructure sector which includes Power, Railways, Transmission and Distribution, Oil and Gas sectors etc. It has given navaratna status by the Government of India. BHEL is the 12th largest power equipment manufacturer in the world. In 2011, It ranked ninth most innovative company in the world by Forbes magazine. BHEL is the only Indian Engineering company on the list. It is also placed at 4th place in Forbes Asia's Fabulous 50 List of 2010. The company has been earning profits continuously since 1971-72 and paying dividends since 1977. BEHL manufactures nearly 75% of the equipments used to produce power in India.

National Aluminium Company Limited is Asia's largest, and one of the world's leading integrated aluminium complex with headquarters in Bhubaneswar, Orissa. Its main operations are alumina refining, aluminium smelting and casting, bauxite mining, power generation and rail and port operations. It possesses some of the world's finest and latest technology in the Aluminium manufacturing industry. NALCO is one of the best profit making public sector enterprise in India and reaps impressively huge benefits every year. NALCO is not disinvested and Government of India holds its 100% stake. It is one among the 16 Navratna companies of India. NALCO received awards like ISO 9001:2000 and OHSAS 140001 for its excellence in production technology and occupational health & safety systems respectively.

NMDC limited, founded in 1958, is a India-Government owned mineral producer under administrative control of the Ministry of Steel. It is involved in the exploration of copper, iron ore, rock phosphate, diamond, tin, tungsten, limestone, dolomite, gypsum, graphite etc. NMDC is India's largest iron ore producer and exporter producing around 30 million tons of iron ore. It also operates the only mechanised diamond mine in the country at Panna in Madhya Pradesh. It is one among the 16 Navratna companies of India. As per latest reports NMDC has plans to undertake overseas mining in Australia or USA. Currently it has an employee strenght of around 6000.

Neyveli Lignite Corporation Limited, founded in 1956, is a India government-owned lignite mining and power generating company. NLC has an installed capacity of 2740 MW of electricity and operates the largest open-pit lignite mines in India. It also supplies a large quantity of sweet water to Chennai from the artesian aquifers in the lignite mines. The Government of India holds 93% shares of NLC and is administered through Ministry of Coal. It has huge expansion plans including thermal power plants, Wind power projects, coal based power projects etc. Currently it has an employee strength of around 20,000.

Oil India Limited, founded in 1959, is an India-Government owned oil and gas company in India under the administrative control of the Ministry of Petroleum and Natural Gas. OIL is engaged in the business of exploration, development and production of natural gas and crude oil, production of liquid petroleum gas and transportation of crude oil. The company has more than 100,000 square kilometres of license areas for oil and gas exploration. It has emerged as a consistently profitable international company with exploration blocks as far as Libya and sub-Saharan Africa. It is one among the 16 Navratna companies of India. Currently it has an employee strength of around 10,000.

Power Finance Corporation Ltd, founded in 1986, is an India Government owned financial institution. it is considered as the financial back bone of Indian Power Sector. It went to public in 2007 and listed on the Bombay Stock Exchange and the National Stock Exchange. PFC is a ISO 9001:2000 certified company and enjoys the status of Navratna Company in India. The major part of funds are raised through Rupee denominated bonds. PFC bonds enjoy the highest credit rating in the Indian market and in international markets, they are rated at par with the Indian Sovereign rating. Major clients of PFC are State Electricity Boards, State Power Utilities, Central Power Utilities, Joint Sector Power Utilities, Equipment Manufacturers, Private Sector Power Utilities etc.

Power Grid Corporation of India Limited (POWERGRID), founded in 1992, is an Indian Government-owned electric utilities company headquartered in Gurgaon, India. Power Grid wheels about 50% of the total power generated in India on its transmission network. Power Grid has a pan-India presence with around 100,000 Circuit-km of Transmission network with a total transformation capacity of around 140,000 MVA. The Inter-regional capacity is enhanced to 28,000 MW. Power Grid has diversified its business into Telecom and established a telecom network of more than 25,000 km across the country. It is one among the 16 Navratna companies of India.

Rashtriya Ispat Nigam Limited (RINL), founded in 1982, is an Indian government-owned steel producer based in Visakhapatnam. RINL is also known as Vizag Steel. RINL has been awarded the Navaratna status due to its strong financial performance. Vizag Steel is a market leader in steel industry with a share of about 10%. It has been supplying various grades of steel for construction of projects of National importance which include Metros, Power Sector, Bridges, Nuclear complexes and several others. RINL-VSP has exported finished products to countries like United States, UAE, Nepal, Sri Lanka, Thailand, Bangladesh etc. Its products are made from 100% virgin steel, maintaining stringent tolerances both in chemistry & physical properties. RINL-VSP has a wide marketing network spread across the country.

Rural Electrification Corporation Limited, founded in 1969, is an India Government owned public Infrastructure Finance Company in India’s power sector under the purview of the Ministry of Power. The company finances and promotes rural electrification projects across India, operating through a network of 5 Zonal Offices and 13 Project Offices, headquartered in New Delhi. The company provides loans to Central and State Sector Power Utilities, Rural Electric Cooperatives, State Electricity Boards, NGOs etc. The company is currently among the top 500 Global Financial Services brands. The company is also among the Forbes Global 2000 companies for 2010. RECL has been awarded the Navaratna status due to its strong financial performance. Domestic debt instruments of REC have the highest rating “AAA” by credit rating agencies CRISIL, Fitch and ICRA.

The Shipping Corporation of India, founded in 1961, is an Indian government-owned company that operates and manages vessels that services both national and international lines. Major clients of Shipping Corporation of India include Indian Oil Corporation Ltd, Bharat Heavy Electricals Ltd, Steel Authority of India Ltd, Oil & Natural Gas Corporation Ltd, Reliance Industries Ltd etc. The company has been awarded the Navaratna status due to its strong financial performance. SCI started with a moderate figure of 19 ships but slowly evolved as a major player with around 85 ships. Sailing through for nearly five decades from 1960s, the Shipping Corporation of India today has a significant presence on the global maritime map.

About GAIL

GAIL (India) Limited, founded in 1984, is an India Government owned natural gas processing and distribution company. GAIL has reached new milestones with its strategic diversification into Petrochemicals, Telecom(GAILTEL) and Liquid Hydrocarbons besides gas infrastructure. The company has also extended its presence in Power, City Gas Distribution, Liquefied Natural Gas re-gasification and Exploration & Production through participation in equity and joint ventures. The company has been awarded the Navaratna status due to its strong financial performance.

Bharat Petroleum Corporation Limited (BPCL), founded in 1976, is an Indian state-controlled oil and gas company headquartered in Mumbai. BPCL has been ranked 225th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012. Bharat Petroleum owns refineries at Mumbai and Kochi with a capacity of 12 and 9.5 million metric tonnes per year. BPCL has been on forefront in harnessing technology. increasing efficiency and achieving greater customer satisfaction. Bharat Petroleum is the first Public Sector Oil Company to implement Enterprisewide Resource Planning (ERP) solutions - SAP. Over the years, Bharat Petroleum continues to meet the challenges of the rapidly changing technology environment, leading to changes in the marketing of products and services. It is one among the 16 Navratna companies of India with an employee strength of round 15,000.

Coal India Limited(CIL) is an Government-controlled coal mining company headquartered in Kolkata and the world's largest coal miner with revenue exceeding 624.15 billion in FY 2012. It is the largest corporate employer with approx 3.8 lakh employees, contributing around 81% of the total coal production in india. It was formerly owned entirely by the Government of India, under the administrative control of the Ministry of Coal.In 2011, CIL was conferred the Maharatna status by the Union Government of India and ranked as one of India's most valuable company by market value. It is currently 90% owned by the Government of India with the remaining 10% owned by the public. See job opportunities in CIL

Mahanagar Telephone Nigam Limited (MTNL), founded in 1986, is a India-Government owned telecommunications service provider in the metro cities of New Delhi and Mumbai in India and Mauritius in Africa. The company was a monopoly until 1992, when the telecom sector was opened to other service providers. After 1992, due to severe competition from private players MTNL has been losing revenue and market share heavily due immense competition in the Indian telecom sector. In 2008 MTNL started 3G services in India under the name of "MTNL 3G Jadoo.". BSNL - MTNL Merger Plans are on the way. Department of Telecommunications recently said the government should set up a multi-stakeholder committee to develop a restructuring plan for both firms. It is one among the 16 navratna companies of India and has an employee strength of nearly 45,000.

Hindustan Petroleum Corporation Limited (HPCL), founded in 1974, is an India-Government owned oil company headquartered at Mumbai. HPCL is one of the world's biggest corporations with a rank of 267 in the Fortune Global 500 rankings for the year 2012. Currently it has refining capacity of 13.00 million metric tonnes (MMT). Its main products are petrol, diesal, lubricants, LPG, bitumen etc. HPCL is the market leader in lubricant and associated products and has more than 30% of market share. It is one among the 16 navratna companies of India and has an employee strength of nearly 12,000.

Hindustan Aeronautics Limited (HAL), founded in 1940, is one of world's largest aerospace companies. It works under the management of the Defence Ministry of India and mainly involved in the manufacturing and assembling of aircrafts, navigation and related communication equipment, as well as operating airports. HAL built the first military aircraft in South Asia and is currently involved in the design, fabrication and assembly of aircraft, jet engines, and helicopters, as well as their components and spares. It has several facilities throughout India including Koraput, Lucknow, Bangalore, Nasik, Korwa, Hyderabad and Kanpur. The German engineer Kurt Tank designed the HF-24 Marut fighter-bomber, the first fighter aircraft made in India. HAL has a long history of collaboration with international players such as Boeing, Airbus, Israel Aircraft Industries, Sukhoi Aviation Corporation etc. Currently it has an employee strength of nearly 35,000.

Steel Authority of India, founded in 1973, is one of the largest India Government owned steel makers in India and one of the top steel makers in World. Steel Authority of India is among the top five highest profit earning corporates of the country. SAIL has more than 1.1 lakh employees. With an annual production of 13.5 million metric tons, SAIL is the 14th largest steel producer in the world. Rourkela Steel Plant (RSP) in Odisha, Bhilai Steel Plant (BSP) in Chhattisgarh, Bokaro Steel Plant (BSL) in Jharkhand, Durgapur Steel Plant (DSP) in West Bengal are the main integrated steel plants of SAIL. It is one of the five Maharatna status companies of India, along with Coal India, IOCL, NTPC and ONGC.

Oil and Natural Gas Corporation Limited, founded in 1956, is an India Government owned oil and gas company headquartered in Dehradun. It is one of the world's largest oil and gas exploration and production companies, and produces around 77% of India's crude oil which is equivalent nearly 30% of the country's total demand and around 81% of its natural gas. It is one of the largest publicly traded companies by market capitalization in India. In the Fortune Global 500 list, it has been ranked 357th of the world's biggest corporations for the year 2012. Currently India Government owns 74.14% equity stake and the rest is with public. It is one of the five Maharatna status companies of India, along with Coal India, IOCL, NTPC and Steel Authority of India.

NTPC Limited, founded in 1975, is the largest India Government owned electric utilities company with its headquarters in New Delhi. It is listed in Forbes Global 2000 for 2011 ranked it 348th in the world. It is an Indian public sector company in which at present the Government of India holds 84.5% of its equity. With a current generating capacity of 39,174 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017. NTPC's core business is construction and operation of power generating plants and providing consultancy to power utilities in India and abroad. It is one of the five Maharatna status companies of India, along with Coal India, IOCL, ONGC and Steel Authority of India.