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PESB recommended the name of Dr. Ranjay Choudhary as IRFC Director (Finance)

Newsmantra — Fri, 10 Apr 2026 05:35:21 +0000

NEW DELHI. PESB has selected Dr. Ranjay Choudhary after rigorous evaluation of 11 senior finance leaders to strengthen Indian Railway Finance Corporation’s funding and development strategy .Dr. Ranjay Choudhary is currently holding the position Chief General Manager, Power Finance Corporation Limited

The following professionals interviewed during the selection included:

Sunil Kumar Goel – Executive Director (Finance), IRFC
Jatin Kumar Nayak – Executive Director (Finance), REC Limited
Mohan Lal Kumawat – Executive Director (Finance – ECB), REC Limited
Dhiraj Mehta – Executive Director (Finance), Indian Renewable Energy Development Agency Limited
Ananga Charan Nayak – Director (Finance), Sagarmala Finance Corporation Limited
Ranjay Choudhary – Chief General Manager, Power Finance Corporation Limited
Mohammad Salim – Chief General Manager, Power Finance Corporation
Harish Chandra – Principal Executive Director (Finance) & CFO, Container Corporation of India Limited
Sanjeev Gupta – Executive Director, Dedicated Freight Corridor Corporation of India Limited
Pramod Jain – Chief General Manager (Treasury), Indian Oil Corporation Limited
Randhir Sahay – Director (Finance) & CFO, IRFC

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POWERGRID appoints Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar as Executive Director

Newsmantra — Thu, 02 Apr 2026 12:33:42 +0000

NEW DELHI. POWERGRID,apointed Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar as Executive Director . Shri Gyaneshwar Prasad Payasi, now Executive Director of the CMD-Coordination Cell, brings over 30 years of extensive experience in project execution, PESM, CMD coordination, TBCB, and asset management. A BE and ME graduate from IIT Roorkee and PGDM from MDI Gurgaon, he has successfully led major strategic assignments including power evacuation projects in Rajasthan and asset monetization initiatives.

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Shri T.N. Natarajan takes over as Director (Commercial) of SAIL

Newsmantra — Fri, 20 Mar 2026 12:42:58 +0000

NEW DELHI. Shri T.N. Natarajan assumed the role of Director (Commercial) at Steel Authority of India Limited (SAIL) . A veteran of the industry, Shri Natarajan joined SAIL as a Management Trainee in 1993 and has since accumulated over 32 years of diverse leadership experience across production, logistics, and sales. His career is marked by a successful transition of SAIL’s marketing strategy from commodity-based selling to a customer-centric, solution-oriented approach.

He has been instrumental in expanding market share within high-value sectors such as infrastructure and oil & gas while strengthening distribution networks and brand visibility. Known for his strategic execution and ability to build high-performing teams, Shri Natarajan’s appointment is expected to drive sustained profitability and long-term value creation. His deep expertise in supply chain management and regional sales scaling positions him as a vital asset to SAIL’s continued commercial growth and market leadership.

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NMDC Appoints Anurag Kapil as New Director of Finance

Newsmantra — Thu, 19 Mar 2026 13:39:46 +0000

NMDC Limited has announced the appointment of Shri Anurag Kapil, an officer from the Indian Railway Accounts Service (IRAS), as its new Director (Finance) for a five-year term. The Ministry of Steel approved the appointment, which will see Shri Kapil transition from his current role as Executive Director (Finance Expenditure) at the Railway Board to lead NMDC’s financial strategy. With his extensive background in public sector management and resource planning, he will be responsible for overseeing the company’s budgeting and financial operations from the date he assumes charge.

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Shri Krishna Kumar Thakur Joins NMDC as Director (Personnel)

Newsmantra — Wed, 18 Mar 2026 05:44:43 +0000

NEW DELHI: Shri Krishna Kumar Thakur has officially assumed charge as Director (Personnel) on the Board of NMDC Limited. His appointment was formalized by the Ministry of Steel on March 17, 2026.

With a distinguished career spanning over 25 years, Shri Thakur possesses extensive experience in human resources and administration within the Indian Railways and various Central Public Sector Undertakings (CPSUs). Known for his expertise in talent management and organizational development, his leadership is expected to play a pivotal role in enhancing NMDC’s operational efficiency. As the company continues its expansion, Shri Thakur’s strategic vision will be instrumental in strengthening its workforce and driving sustainable growth in the mining sector.

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PESB Recommends Shri B. Mugunthan for Director (Finance) Post at DFCCIL

Newsmantra — Tue, 16 Dec 2025 09:17:43 +0000

NEW DELHI. Public Enterprises Selection Board (PESB) has recommended Shri B. Mugunthan for appointment to the post of Director (Finance) at Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a Schedule ‘A’ Central Public Sector Enterprise.

The recommendation was made in PESB Meeting No. 120/2025, held on 15 December 2025 at 3:45 PM, while considering eligible candidates for the said position.

Shri B. Mugunthan is currently serving as Financial Adviser & Chief Accounts Officer (FA&CAO) in the Ministry of Railways and brings extensive experience in public finance, railway accounting, and large infrastructure project management.

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