https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Major PSU Action: Centre Sacks HSCC Managing Director Novman Ahmed, Orders Repatriation to NBCC

Zero-Tolerance on Corruption: MoHUA Removes HSCC MD After Vigilance Probe. Disciplinary Proceedings Likely
Indian Masterminds Stories

New Delhi: In a strong signal of the government’s zero-tolerance approach towards institutional corruption, the Ministry of Housing and Urban Affairs (MoHUA) on Wednesday terminated Novman Ahmed from his post as Managing Director of Hospital Services Consultancy Corporation (India) Limited (HSCC).

Ahmed, who was appointed to the top post in December 2022 following selection by a Search-cum-Selection Committee (SCSC), has been summarily repatriated to his parent cadre, NBCC (India) Limited.

Repatriation to NBCC, Disciplinary Action Likely

According to official sources, Ahmed will return to NBCC (India) Limited at the rank of Executive Director, where he is expected to face a formal charge-sheet and disciplinary proceedings.

The decision marks a rare instance of the termination of a hand-picked SCSC appointee, underlining the Centre’s tightening oversight of leadership roles in Central Public Sector Undertakings (CPSUs).

Read also: NBCC Subsidiary HSCC Signs Strategic MoU with Bharat Electronics to Strengthen India’s Healthcare Ecosystem

Vigilance Probe and Wider Irregularities

The termination follows a detailed vigilance scrutiny, the findings of which were reportedly considered “substantive” by MoHUA.

Highly placed sources indicated that the case involves a broader pattern of administrative lapses, including:

  • Alleged misappropriation of funds
  • Manipulation in capital-intensive consultancy projects
  • Procedural irregularities in high-value contracts

In total, 11 senior officials were charge-sheeted during the investigation. While six officials were reinstated pending further inquiry, five officers—including Novman Ahmed—remain under active disciplinary scrutiny.

Praveer Kumar Given Additional Charge as HSCC MD

To ensure continuity of operations, the Ministry has swiftly moved to address the leadership vacuum.

  • Praveer Kumar (IA&AS: 1999)
  • Currently serving as Joint Secretary (NUDM), MoHUA

has been assigned additional charge as Managing Director of HSCC, with immediate effect.

Message to CPSUs: Governance Standards Under Tight Watch

The abrupt removal of a senior PSU head underscores the government’s intent to enforce stricter governance, transparency, and accountability norms, particularly in CPSUs involved in health infrastructure, consultancy, and large-scale public projects.

The move is being seen as part of a broader effort to restore institutional credibility and deter corruption at senior management levels.

About NBCC (India) Limited

NBCC is a government-owned construction and project management company engaged in executing residential, commercial, and infrastructure projects across India. With a strong focus on delivering large-scale projects efficiently, NBCC plays a vital role in nation-building initiatives.

Read also: BEL Signs MoU with HSCC to Develop Advanced Healthcare Solutions for Civilian and Defence Markets


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
PFC logo resized Power Finance Corporation Ltd
PFC Declares 4th Interim Dividend of ₹3.25 Per Share for FY 2025-26, Approves ₹1.6 Lakh Crore Borrowing Plan
mou
NBCC Joins Hands with Odisha Universities for Major PM-USHA Infrastructure Projects
Kanwardeep Kaur IPS
Central Govt Extends Tenure of IPS Officer Kanwardeep Kaur as SSP Chandigarh for One Year
(GIPCL ) Gujarat Industries Power Company Limited
GIPCL Appoints IAS Jenu Devan as Additional Director (Government Nominee) to Strengthen Governance
Election Commission of India
Kerala IAS & IPS Officers Reshuffled Ahead of Assembly Elections: IPS Narayanan Appointed Kozhikode Police Chief
ias
Odisha’s 6  Women IAS Officers Meet Chief Secretary Anu Garg After Completing Prestigious LBSNA Training
GAIL PSU
Leadership Updates: PESB Recommends Satish Kumar Sinha as Director (Finance) at GAIL India Ltd
ongc
ONGC Awards ₹125 Crore AI-Based IT Infrastructure Contract to Corporate Infotech Pvt Ltd
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-03-16 at 4.18
What Happens After Terror Strikes? Surinder Choudhary Explains the Reality of Counter-Terror Operations
beno zephine
India’s First Visually Impaired IFS Officer on Diplomacy, Inclusion and Changing the System
WhatsApp Image 2026-03-02 at 10.22
Beno Zephine: India’s First 100% Visually Challenged IFS Officer Who Rewrote the Rules of Diplomacy | EXCLUSIVE
ADVERTISEMENT
UPSC Stories
hjhjhjhjjhbnbdfdrtg
How Bhadohi’s Daughter Ifra Shams Ansari Overcame Failure, Anxiety, Self-Doubt and Pressure to Secure AIR 24 in UPSC | Exclusive
Bhadohi’s Ifra Shams Ansari secured AIR 24 in UPSC CSE 2025 after overcoming failure, anxiety and self-doubt,...
UPSC CSE 2025
The rise of ‘Repeat Rankers’ in UPSC CSE 2025
UPSC 2025 results reveal a striking trend: hundreds of candidates had already cleared the exam earlier....
UPSC CSE 2025
What Makes UPSC 2025 Top-20 Tick
Behind the ranks of UPSC CSE 2025 lies a story of the quiet emergence of students of arts and engineering...
CSR NEWS
NRL
Numaligarh Refinery Wins Dual Honours for Operational Innovation and CSR at Governance Now PSU Awards 2026
NRL Recognized for Operational Excellence and Community Impact, Strengthening Its Role in India’s Energy...
bpcl
PM Narendra Modi Lays Foundation Stone for ₹5,514 Crore Polypropylene Plant at BPCL Kochi Refinery
400 KTPA Petrochemical Project to Boost Domestic Polymer Production, Support MSMEs and Strengthen India’s...
NLC-INDIA-resized-neyvili
NLC India Receives ACUITE AAA Stable Rating for ₹1,000 Crore ECB, ₹950 Crore Term Loan Reaffirmed
Navratna PSU NLC India Limited Secures Top Credit Rating from Acuité Ratings & Research Limited,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
PFC logo resized Power Finance Corporation Ltd
PFC Declares 4th Interim Dividend of ₹3.25 Per Share for FY 2025-26, Approves ₹1.6 Lakh Crore Borrowing Plan
mou
NBCC Joins Hands with Odisha Universities for Major PM-USHA Infrastructure Projects
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-03-16 at 4.18
beno zephine
WhatsApp Image 2026-03-02 at 10.22
ADVERTISEMENT
ADVERTISEMENT