Objective of hra the main objective is to measure the value of human resources in the corporate financial statements. What is the role of human resources during a merger. Sample confidential human resources information policy. It is a process of identifying and measuring data about human resources and communicating this information to interested parties american accounting association ii. Summary of the commonwealth of virginias policy on alcohol and other drugs. Depending on your education, experience and urge to learn, we offer you several exciting career opportunities in both management and engineering disciplines with challenging work profiles. Ongc management hierarchy ongc organizational structure. Ongc being a large organization, dealing in exploration and exploitation of hydrocarbons requires a large amount of funds. To analyse the reasons behind ongcs acquisition of imperial energy. Ongc recruitment 2020 for hr executive and pro posts. Rules, regulations, instructions, manuals and records, held by ongc or used by its employees for discharging their functions.
Midamerican energy company safely meets the energy needs of nearly 1. The cabinet is likely to take up flagship explorer ongcs proposal to acquire the governments entire 51. Up until and including the 1975 edition, the north american division working policy was published in bound format and was updated and reprinted periodically, usually every two years. Policies mangalore refinery and petrochemicals limited. Ongc interview questions answers, ongc placement papers, ongc. Questions with substantially the same meaning should be merged as duplicates. In order to equip hr professionals to take quick decisions on first time right and first thing first principle, a sound and dynamic hr policy platform is inevitable. The overall objectives and framework of rules and regulations of the company are laid down in the memorandum and articles of association of the company. Hrs efforts to integrate compensation strategies and practices are a key component of successful mergers and acquisitions. It will also analyse the recruitment, training, promotion, transfer, various financial and nonfinancial incentives provided to the personnel, total number of manpower and average cost per employee of the ongc. Please note that ongc is no longer in favour of a merger, instead it is planning to buy hpcl to make it a subsidiary. Some policy has wiggle room, but not those in the constitutions and. An overview oil and natural gas corporation ltd, ongc today is the premier indian.
Stateowned oil major ongc has said the preliminary discussion for its acquisition of indias thirdbiggest fuel retailer hpcl has started and is going on at the ministerial level. Ongc names, designation and phone numbers of central. What policy is meant to be policy is approved by world leaders who are accountable to their constituencies that elect them. Towards this objective, the hr manual human resource management in ongc containing a gist of all the rules. An agreement was signed with gujarat government for setting up a sez for this purpose. The human resources generalist coordinates implementation of. Hr considerations in mergers and acquisitions subject.
Previous years question papers of ongc management trainee hr. My company, emilla consulting, has a complete hr policy manual that covers eleven 11 critical functions in hr. Nsmerge policy a policy that merges conflicts between the persistent stores version of the object and the current inmemory version by individual property, with the external changes trumping inmemory changes. Even if the phrasing or details are slightly different, qu. The most significant contribution of the karachi session of 1931 was the resolution it passed on. Cabinet may take up sale of hpcl to ongc on wednesday. Record note of discussions held with unions operating in. Ongc rules, regulations, instructions, manuals and.
Surprisingly, this aspect of hr is one of the most neglected in the hr field. Founded in 1956, ongc has seen a remarkable growth in the last five decades. Ongc and oil to secure ownership of oil and gas fields and companies overseas. Policy any employment and performance information is confidential and shall be released only to those parties who can demonstrate a bona fide need for such information. To construct new building as per building policy or suitably modify and renovate the existing one, till such time the proposed recovery. We often read in newspapers about mergers or acquisitions going on a regular basis. Jul 17, 20 hr planning involves gathering of information, making objectives, and making decisions to enable the organization achieve its objectives. Het guys here is a project of hr policy advertisements.
Government announced planned to merge major oil companies i. But ongc ended up with contracting most of its high tech and core activities. The key for proper question merging is that the intents of the people arriving at both questions are the same. Record note of discussions held with unions operating in ongc. Ongc management hierarchy indias largest multinational oil and gas company, ongc oil and gas corporation limited is a government owned public sector undertaking that produces more than 65% of the crude oil in the country. Hr policies 3689 nagari street, srikalahasti 517644. Km and staff development policies aligned with the overall strategy and mission, can help the organization to reach its goals. The management of human resources in the public service has been guided by the public. Ongc academy, previously known as institute of management development imd, which has an iso 9001 certification, along with 7 other training institutes, play a key role in keeping our workforce at pace with global standards.
When hr planning is applied properly in the field of hr management, it would assist to address the following questions. Human resource vision is to build and nurture a world class human capital for leadership in. Ongcs acquisition of imperial energy can it be profitable. Previous years question papers of ongc hr management. Human resource vision is to build and nurture a world class human capital for leadership in energy business. Policies of ongc includes code of conduct, rpt policy, material subsidiary policy, investor insider trading code, policy on preservation of documents, policy on materiality for disclosure of events, risk management policy, and dividend distribution policy. The complexity and risks involved in exploration business like whole procedure of search of oil, geographical and physical conditions, day to day reduction in oil reserves and many other.
Ongc has acquired equity stakes in the oil fields in iran, iraq, sudan, libya, angola, burma, russia, vietnam and syria. Each department of the company, while discharging its functions. Human resource management as big a problem in ongc as. Discuss hr policies of ongc within the human resource management in banking and insurance forums, part of the upload download banking and insurance projects and notes category. It also discusses the challenges faced by ongc during the deal, and provides a brief overview of the oil and natural gas industry in india. Previous years question papers of ongc hr management trainee. Luthra institute of managementsurat750 1 introduction and overview of the ongc. Ongc executive previous papers with answers included here. The revised rates of house rent recovery for colony accommodation and. An analysis of various models harshit topno abstract.
The office of human resources is committed to being a customeroriented, human resources partner implementing best practices, policies, and programs that contribute to the universitys mission. To understand the indian oil and natural gas industry and the challenges for this industry. More over the book value of these accommodations are now in zero value. Stateowned oil major ongc has said the preliminary discussion for its acquisition of indias thirdbiggest fuel retailer hpcl has started and is. Ongc academy is the premier nodal agency responsible for developing the human resource of ongc. Issues and challenges aggregate wage bill of 100 large companies having a turnover of more than rs. Ongchpcl merger the cabinet recently gave an inprinciple nod to the merger of state owned oil and natural gas corporation and hindustan petroleum corporation limited. Working capital is the lifeblood and controlling nerve of an organization. The committee functioned under the overall guidance of edchief er. Chapter highlights the personnel policy and human resources development of ongc. Hr policies and practices provide ways to motivate and guide. If any one could share some project reports pro kuhnu 06 2010 pdf on this will be very much helpful to me. Gen tekniks human resources strategy is to be a model community where everyone is committed to working and proud to work, embracing worldclass human resource management in every sector of activity.
North american division general conference working policy. At ongc, your career can range across various exciting disciplines. All human resources staff can share confidential information with others only to the extent necessary to perform their role as a human resources employee. Shares of ongc advanced on thursday after the cabinet gave the company an inprinciple approval to sell the governments entire 51. But there is an even bigger problem due to this acute shortage of manpower and the growing volume of work, ongc resorted to outsourcing. The nestle employee relations policy employee relations the human resources management described in this document requires and supports an organisation on the move. Hr policies 3689 nagari street, srikalahasti 517644, chittoor district, andhra pradesh, india.
Nestle is committed to continue the journey to establishing flat and flexible structures with minimal levels of management and broad spans. It opened at rs 296 and touched an intraday high and low of rs 296 and rs 290. A committee for the deal will soon be formed and the merger is likely to be completed within this financial year. However, all its policies are formulated in compliance with provisions of applicable statutes, regulations etc. India is looking at kazakhstan as an important emerging exporter of oil and gas. Government was planning a merger between ongc and hpcl to make the former, an integrat. Ongc instrumentation interview questions 26 ongc marine engineering interview questions 1 ongc engineering allother interview questions 3 ongc business administration interview questions 10 ongc marketing sales interview questions 2 ongc human resources interview questions 1 ongc accounting general interview questions 1. Jul 20, 2017 ongc, hpcl turn mix on merger approval according to media reports, the deal is valued between rs 26,000 crore to rs 30,000 crore. To analyse the reasons behind ongc s acquisition of imperial energy. When studying the financial statements, companies often overlook a key asset thats not included on the balance sheet. Training and development enhances efficiency and develops a systematic way of performing duties and assigned tasks.
Human resources policies and practices, knowledge sharing. Knowledge sharing ks project and the strategic advisory service for human resources sashr all seek to promote improved performance within cgiar centers. All india ongc trade unions coordination commitrree. A monthlong oil price war between saudi arabia and russia and the economic fallout from the covid19 pandemic caused a historic drop in oil prices, forcing producers to drastically cut their spending and scale back on activity. Human resource policies the objective of the human resource policy is that the city of reykjavik should always have competent, motivated staff at its disposal, who can ensure that the necessary initiative will be shown in their work, provide good service, and respond to the constantlychanging needs of the city. Hr planning involves gathering of information, making objectives, and making decisions to enable the organization achieve its objectives. Go through the ongc executive paper pattern and also ongc executive exam preparation tricks.
Looking for hr policies of different companies pdf download. Apr 12, 2007 my company, emilla consulting, has a complete hr policy manual that covers eleven 11 critical functions in hr. An overview oil and natural gas corporation ltd, ongc today is the premier indian industry effectively participating in efficient implementation of both the economic as well as the social mission of a national industry. We offer expertise through our work in the functional areas of human resources including employment services and risk, benefits and compensation, employee. To construct new building as per building policy or suitably modify and renovate the existing one, till such time the proposed recovery may be deducted from residers.
Policy is the exercise of authority with accountability. Names, designation and phone numbers of central public information officers being a commercial entity, ongc does not have any arrangement for consultation with members of the public. Moreover it bridges the gap between job requirement and employees present specification. Hi, well, i have just downloaded them, i will revert for further help or suggestions as once i vl go through and see them till thanks thanks a tonn shipra chaubey.
Policies and policy makers at ongc have always had the interests of the large and multi. Has released the recruitment notification for the recruitment of 1 hr executive and publc relation officer posts through ugc net june 2020. A north american division edition of the general conference working policy was first published in 1971. Out sourcing is a preferred option for lowtech, routine or noncore activities, such as logistics, civil construction work etc. Future plans of ongc in mid2004, ongc planned to set up major plant at dahej in gujarat and another at mangalore in karnataka.
1554 154 1145 1477 196 1582 331 897 1354 1335 1049 619 1160 1406 1352 211 580 944 773 601 1002 1235 653 52 930 779 1368 194 53 212 1445 1 484 1327 1180 940 235 226 265 987 852 1214 461 1464