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Sunday, August 14, 2011

BHEL recruiting Engineers and Supervisors

Bharat Heavy Electrical Limited the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector, inviting applications from suitable candidates for the following posts:



Engineer Trainees & Supervisor Traineeswww.freshersworld.com

Post Name Qualification Pay Scale

Engineer Trainee

Full time regular Bachelor Degree in Engineering or Technology from a recognised University/Institute in the disciplines of Mechanical / Electrical/ Electronics Minimum 65 % marks or EquivalentIndian CGPA in aggregate of all years/ semesters

Rs.
24900-50500

Supervisor Trainee (Engineering

Full time regular Diploma in Engineering from a recognized University/Institute in the disciplines of Mechanical /Electrical/Electronics/ Civil Minimum 65 % Marks or Equivalent Indian CGPA in aggregate of all years/semesters (relaxable to 60 % for SC/ST

Rs. 12400-30500
Supervisor Trainee Full time regular Bachelor degree in Commerce from recognized Indian University Minimum 70% marks Equivalent CGPA in aggregate of all years/semesters (relaxable to 60% for SC/ST candidates)


No of Posts

Post Name Mechanical Electrical Electronics Civil Finance
Engineer Trainees 700 200 100 --- ---
Supervisor Trainees (Engineering) 740 160 60 40 ---
Supervisor Trainees (Finance) ---- --- --- --- 207

Training & Emoluments : Engineer Trainee: The selected candidates will undergo training for one year. During training, basic pay of Rs.20600/- in the scale of pay of Rs.20600- 46500/- will be paid. After successful completion of training, the trainees will be absorbed as Engineer in the scale of pay of Rs.24900-50500/- with a basic pay of Rs.24900/-. Supervisor Trainee (Engineering & Finance) - Selected candidates will undergo training for one year. During training, basic pay of Rs.12,300/- in the scale of pay of Rs.12300-26000/- will be paid. After successful completion of training, the trainees will be absorbed as Assistant Engineer Gr.II in the scale of pay of Rs. 12400-30500/-


Selection Procedure : Written Test and Personal Interview

Written Test :Tentative Dates of Written Test – For Engineer Trainees - 18th September, 2011 For Supervisor Trainees - 25th September, 2011

Written Test Centre

1 Bengaluru 7 Delhi 13 Kolkata
2 Bhopal 8 Guwahati 14 Mumbai
3 Bhubaneshwar 9 Haridwar11 15
Nagpur
4 Chandigarh 10 Hyderabad 16
Tiruchy
5 Chennai 11 Jaipur 17 Varanasi
6 Kochi 12 Kanpur 18 Visakhapatnam

Service Agreement Bond: Selected candidates will have to execute a service agreement bond of Rs.2,00,000/- (Rupees Two Lakh only) for Engineer Trainee and Rs.100,000/- (Rupees one lakh only) for Supervisor Trainee to serve the Company (or any Government Department or Undertaking at the discretion of the Company) for a period of three years after successful completion of training. Candidates will also be required to furnish a Surety Bond executed by parents/ guardian/ reliable surety

Fee: The candidates belonging to General and OBC categories have to pay non-refundable fee as prescribed below: For Engineer Trainees - Rs.500/- For Supervisor Trainees & Assistant Officer (HR) Gr. II - Rs.300/-The fee can be paid in any of the branches of State Bank of India across the country, to Power Jyoti A/c No. given below through challan

Post Power Jyoti Account No.
Engineer Trainee 31170378124

Supervisor Trainee (Engg. & Fin.)

31325460299

Note: SC/ ST/ Physically Challenged candidates are exempted from payment of above fee. The triplicate challan (1st Copy – Applicants copy, 2nd Copy – BHEL copy, 3rd Copy – Bank copy) for payment of fees can be downloaded from website . The Journal No. given by the bank on payment of fee needs to be filled in the on-line application form and the challan copy of BHEL needs to be attached with the Acknowledgment Slip and sent to BHEL, BAP, Ranipet at following address:

For Engineer Trainees :AGM (HR & IC) M/s Bharat Heavy Electricals Ltd. Boiler Auxiliaries Plant, Ranipet Head Post Office Ranipet- 632401.

For Supervisor Trainees (Engineering and Finance): SDGM (HR & Law) M/s Bharat Heavy Electricals Ltd. Boiler Auxiliaries Plant, Ranipet Head Post Office Ranipet - 632401



How to apply

Candidates should apply On-Line Only www.freshersworld.com

Important Dates:

Commencement of Online Submission of Applications 01/08/2011
Closing of On-line Submission of Applications 20/08/2011

Last date of receipt of Acknowledgment Slips at BHEL, BAP, Ranipet

24/08/2011 - For all candidates 31/08/2011 - For candidates residingin North East & far flung areas

Thursday, February 26, 2009

About Mutual Fund

People invest in shares of companies are expected to provide investors with higher level of returns when compared to investments in fixed deposits, mainly due to the fact that any investment in shares attracts a higher level of risk. Especially, given the current volatile market conditions, a small time retail investor in equity shares stands the risk of losing his entire capital as the fluctuations in price can significantly erode his returns. But this risk can be minimized by investments in equity shares of a number of companies, such that, the probability of all companies losing shares value on a single day is very low, However, a small time investor will not have the financial ability to invest in equity shares of so many companies at the same time. Mutual Funds are investment vehicles that address this problem, where investment from many small investors are pooled together and invested into equity shares of many companies, thereby reducing the risk of equity price fluctuations to a large extent. The second advantage of mutual funds is also the fact that the fund is managed by professional managers who make informed investment decisions, which otherwise, small investors would not be in a position to make.
Another key advantage of a mutual fund is that the investments are very liquid, i.e, the investments can be encashed at short notice without losing much. The returns which mutual funds have offered in the recent past have been close to a year on year 40% on average and no other investment options, including real estate, has managed to match that

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