City
Epaper

'Consultants come and go in PSU non-life insurers but nothing changes'

By IANS | Updated: May 4, 2022 18:05 IST

Chennai, May 4 The four government owned general insurers are looking to hire a consultancy firm that has ...

Open in App

Chennai, May 4 The four government owned general insurers are looking to hire a consultancy firm that has advised and completed at least one organisational transformation assignment for public sector organisations during the last five years.

However, a top leader of a major union is of the view that consultants come and go regularly but nothing much has changed except the companies getting poorer by lakhs of rupees as their fee.

As per the stipulations laid down by the four insurers, the public sector organisation could be a bank/insurance company or a central public sector enterprise with pan India presence, having a turnover of more than Rs 10,000 crore and a minimum employee base of 5,000.

Further the bidder or its parent company should have an average annual turnover of at least Rs 100 crore in the past two financial/calendar years, preceding the date of submission of the request for proposal

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiachennaiIndiUk-indiaRepublic of indiaIndia indiaGia indiaMadras missionIndia euChennai chennai
Open in App

Related Stories

NationalChennai: Over Unpaid Wages, Car Showroom Worker Steals Car From Showroom

NationalChennai: Car Showroom Employee Steals Vehicle After Months of Unpaid Salary

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

International Realted Stories

InternationalB'desh: Radical Islamist group organises rally demanding women's reform body dissolution

InternationalAngolan President Lourenco brings "message of admiration and friendship" in State visit to India

InternationalIndia has 'legitimate right' to act in self-defence against Pakistan: Former US NSA

InternationalAfter banning imports, India now bars Pakistani ships from entering its ports

International"India, African Union partners in progress and pillars of Global South": PM Modi