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Business EconomyPosted at: Jun 15 2015 7:46PM


Sharma takes over as MDL Director

Panaji, Jun 15( UNI) Mr. Sanjiv Sharma, former Director of Finance, Goa Shipyard Ltd ( GSL), who played a key role in the company's turnaround in 2015, has been appointed as Director (Finance) at Mazgaon Dock Limited, (MDL) Mumbai. According to an official GSL release, Mr Sharma, in his three-year tenure at Goa Shipyard, implemented various measures aimed at cutting costs and arresting the firm's declining profits, which were carried forth by the present CMD. They were instrumental in the recent turnaround of the company, which had suffered a loss to the extent of Rs. 60 crores last fiscal due to under utilisation of its facilities and a low order book position. Mr Sharma is a fellow member of Institute of Chartered Accountant of India (FCA) and has an experience of over 30 years spanning across both the private and public sectors. He has worked in leading firms such as the Steel Authority of India Limited (SAIL), a Maharatna company and Maruti Udyog Limited, a market leader in the automobile sector. UNI SRN FH NP1910
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