Oil and Natural Gas Corporation Ltd. (ONGC) has invited applications for recruitment in various posts. The Fortune-Global 500 Company is the first ever Indian organization to be listed in the 'World's Most Admired Companies 2007. The company will absorb energetic young talents having an excellent academic back ground. Engineers/Geo-scientists, MBAs, CAs, or 1st class Post-Graduate can apply for the fields of Drilling, Mechanical, Instrumentation, Production, E&T, Civil, Cementing, Chemistry, Geology, Geophysics, Reservoir Finance & Accounts, Programming and Security. The salary structure will be lucrative enough for the young folks to join ONGC. Pay scale for Class-I executive (E-1) is Rs. 24,900 - 50,500/- with an increment of 3% per year. Apart from Basic Pay, the employee is entitled to allowance @ 47% of Basic Pay under Cafeteria Approach, Dearness Allowance.