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Maharatna is a kind of title given to public sector companies who have advantages. Maharatna status was established in the year 2009 by the Indian government. This status raises the investment of the companies from 1,000 crore R.s to 5,000 crore R.s. Maharatna companies or firms can do investment up to 15% of their net income. Company having maharatna status can carry out their activities within India as well as different parts of the world in a free environment. Maharatna status also allows different companies to unwelcome the expenditure spend on purchasing of new products. There are many criteria for a company to adopt Maharatna status. To become a maharatna, a company should be in a list of Indian stock exchange with public share holding under regulations of SEBI. The company should have a turnover of 20,000 crore R.s for the last three years. Companies profit should me more than 2500 crore R.s for last three years. Various Maharatna companies are Coal India limited, NTPC limited, Indian oil corporation limited, Steel authority of India, Gail, Oil and Natural gas corporation. Maharatna should be comprised of 4 non official directors as per the norms. Maharatna companies have developed a wide network all over in India. Every year these companies with maharatna status require men’s on a large basis in order to provide quick and easy services to the public. According to their eligibility criteria, they can opt you for different posts. An eligibility criterion is not fixed as there are different norms and conditions for different posts in the different companies. Maharatna companies provide various career opportunities for the freshers as well as for the experienced candidates. There are different posts waiting for you like Technician, accountant, assistant etc in GAIL, mining foreman and mate in Steel authority of India, medical specialist in Coal India limited, etc. Some Maharatna companies want graduate and some wants post graduate candidate. They have openings for everyone whether he/she has done 10 or 12th, B tech, M tech, diploma, B.com, MBA, CA etc. Before applying in any of these posts, candidate should check their age, experience, and educational qualification as required by them .If you want to work in IOCL, there are number of vacancies waiting for you if and only if you hold a B tech degree in mechanical, electrical, civil, chemical etc with 65% of marks. The age of the candidate should not be more than 26 years. Through internet and advertisements on TV and newspapers one can get recruitment information from these Maharatna companies. Candidates are required to apply online through various companies website. They have to pay 200 R.s in a form of D.D as their application fees which is non refundable. For B tech graduates selection is based on the Gate score cards plus group discussion and personal interview .Some also conduct aptitude test for short listing the candidates. After selection candidates will be given a 6 months training and after that joining letter will be provided to each candidate. Hunt4career.com offering a dedicated section for government jobs in india. One may find all PSUs jobs,Jobs in Maharatna companies and all other related information.
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