GAIL boss Karnatak takes aim at MGL brain drain

Vol 23, PW 2 (14 Nov 19) People & Policy
     

GAIL chairman Ashutosh Karnatak who also heads subsidiary Mahanagar Gas (MGL) is said to be "very upset" with MGL managing director Sanjib Datta over the many dissatisfied employees leaving the company.

Karnatak reportedly voiced his disappointment at Datta during a MGL Board meeting in Mumbai on November 11, according to a well-placed source. The latest high profile executive to leave is Sabyasachi Das, project in-charge at Raigad in Maharashtra where MGL is facing allegations of misleading the PNGRB about the gas connections provided.

After receiving an offer from Torrent Gas, Das is leaving MGL by December. His departure comes soon after Gyanendra Sharma, assistant vice-president commercial and regulatory affairs, left the company on November 6 to join Petronet-LNG on November 7 as chief general manager and vice-president (marketing), according to his LinkedIn profile.

"Since 2018 around 150 to 200 employees have resigned," adds our source. "Most have left to join Adani, Torrent or AG&P."

In our April 18 (2019) issue we reported MGL's staff strength was approximately 500 people. Our source adds that early this year MGL hired Boston Consulting Group (BCG) to conduct an employee satisfaction survey.

"In its report BCG highlighted employees were not satisfied with management," adds our source. MGL then held an employee open house to hear concerns before hiring Mumbai-based Gallop & Bounce HR in September for another survey.

Gallop submitted its report in October which again rated management poorly.