New Delhi: Even after state-owned Oil and Natural Gas Corp (ONGC) acquiring Hindustan Petroleum Corp Ltd (HPCL) in January last year, the selection panel is learnt to have faced a ‘litmus test’ for appointing directors in HPCL in the coming days due to some technicalities on the promoter’s issue.
As far as the existing vacancies are concerned in HPCL, the director (finance) has been lying vacant after J Ramaswamy retired on February 28. The government has not yet interviewed for the post by its selection panel — Public Enterprise Selection Board (PESB).
