Rakesh Jain steps down as MD of HOEC Vol 10, PW 7 (27 Jul 06) News in Brief Hindustan Oil Exploration has announced that Rakesh Jain will step down as managing director on 31st July. UK-based Atul Gupta will take over as آ‘actingآ’ MD until a replacement is found.... Buy this article forRs590 $9 For a 30-article or annual subscription rates click here RelatedIOC dir. fin Gupta is new GAIL Chmn. (30 Jun 22) GAIL chairman race attracts 12 (16 Jun 22) Seven GAIL candidates apply to replace Tripathi (25 Jul 19) Rakesh Jain next CEO of Jubilant (08 Aug 13) Changes at BPCL (05 May 11) Valentine Day interviews for MRPL (24 Jan 08) Rakesh Jain joins Suntera as India MD (25 Jan 07) HOEC shareholders to confirm Atul Gupta as new MD (07 Sep 06) Rakesh Jain steps down as MD of HOEC (27 Jul 06) Knowing when PSU directors and MDs leave office (01 Jun 05)