Railtel corporation of india, a mini ratna company,
under ministry of railways , invites applications for the posts in
Accounts/Finance Deptt @ E-1 to E-5 level on deputation basis. Further details
are given on their website
www.railtelindia.com
A little about miniratna companies.
A little about miniratna companies.
Miniratnas can also enter into joint ventures, set subsidiary companies and overseas offices but with certain conditions. In 2002, there were 41 government enterprises that were awarded Miniratna status. There are two types of miniratnas companies.
Category I
This designation applies to PSE's (public sector enterprise) that have made profits continuously for the last three years or earned a net profit of Rs. 30 crore or more in one of the three years. These miniratnas granted certain autonomy like incurring capital expenditure without government approval up to Rs. 500 crore or equal to their net worth, whichever is lower.
Category II
This category include those PSEs which have made profits for the last three years continuously and should have a positive net worth. Category II miniratnas have autonomy to incurring the capital expenditure without government approval up to Rs. 300 crore or up to 50% of their net worth whichever is lower.
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