The senior management is entirely from HPCL on deputation and they are devoid of any connect with ground realities of running a private sector business. For instance the mediclaim facility that they provide to themselves even allows reimbursement of consultation fees paid for a doctor visit for routine fever ! Another example of unrealistic expectations is that they asked me to sign a 5 year bond with the company !!
As an employee problem is not that they provide these facilities but they DEDUCT a huge premium from CTC for providing this facility. So basically the net take home is perhaps lowest in the manufacturing sector in India (as a % of CTC).
Similarly they load so many normal components into CTC that other companies don't . So your dreams of high CTC shattered in the first month of employment.
The management is like the 3 monkey's of Gandhi Ji, they don't listen, they don't see and they don't say anything. So you are left to yourself to get the job done without much support or directions from seniors. If it goes wrong, definitely they will pounce on you, but if it goes well, they will take the credit for running the business successfully.
The money they spend on lavish office and other facilities for these HPCL guys is much beyond normal and that too, when these idiots don't even know the business of HINCOL. They have never ever run a projects / road construction business and they are appointed only because HPCL is the promoter of company.
The other promoter - French MNC Colas is not involved at all in any operational management of the company.