SPMCIl VIGIlANCE AWARENESS WEEK 2017
In pursuance to CVC's directives, Security Printing and Minting Corporation of India limited (SPMCIl) observed Vigilance Awareness Week from 30th October to 04th November 2017, highlighting the main focus of the week viz. ‘My Vision - Corruption free India'. The Vigilance Awareness Week started with administration of the Pledge at the corporate office to the officials by the Director (Technical). Simultaneously the pledge was administered to the officers, staff and workmen at all the nine units by the General Manager/Head of the Department in their respective area of jurisdiction. Similarly, Felicitation ceremony for the week was held on 3rd November 2017 chaired by the Director (HR).
PNB MD & CEO visits PETROlEUM & NATURAl GAS MINISTRY
Managing Director and CEO of Punjab National Bank Sunil Mehta called on Cabinet Minister for Petroleum and Natural Gas and Skill development and Entrepreneurship Dharmendra Pradhan recently and discussed business opportunities in the Oil sector and Skill development area respectively. General Manager Corporate Communication Division and Marketing, PNB, BN Mishra accompanied the MD. Punjab National Bank has been a keen driving force for nation building and thus considers the Indian oil sector to be on the cusp of a new era. PNB has 12 Farmers Training Centres, 57 Rural Self Employment Training Institutes and 108 Financial literacy Counselling Centres. These initiatives propel Punjab National Bank even further to encourage new talent and utilize the untapped talent pool of the country in making a better and progressive India.
Petronet lNG lTD Highest ever quantity of lNG processed in Q2
During the quarter ended 30 September, 2017 (current quarter), Petronet lNG ltd (Pll) processed highest ever combined throughput in a quarter at 220 TBTU. The Dahej terminal processed highest ever quantity of 210 TBTU of lNG and had operated at around 110% of its name plate capacity. The Dahej Terminal witnessed increase in throughput over the previous quarter by 14% (Q1 17-18 at 184 TBTU) and increase in throughput over the corresponding quarter by 14% (Q2 16-17 at 185 TBTU) respectively. The Kochi Terminal processed highest ever quantity of 10 TBTU of lNG. The Company has reported highest ever Profit Before Tax (PBT) in a quarter, of Rs 850 Crore, witnessing a growth of 28% over the previous quarter (Q1 17-18 at Rs 666 Cr), and a growth of 26% over the corresponding quarter (Q2 2016-17 at Rs 677 Cr) respectively. The Company has reported highest ever Profit After Tax (PAT) in a quarter, of Rs 589 Crore, which registered a growth of 35% over the previous quarter (Q1 17-18 at 438 Cr), and a growth of 28% over the corresponding quarter (Q2 16-17 at Rs 460 Cr). The growth in both PBT and PAT is due to higher volumes processed because of the increase in the Regasification capacity, post expansion of the Dahej Terminal and better efficiency achieved in the operations.
BSNl MoU with Fibre Home for manufacturing telecom equipment
State owned telecom giant Bharat Sanchar Nigam limited (BSNl) has recently signed a Memorandum of Understanding with Fibre Home Pvt. ltd. to jointly start manufacturing telecom equipment and optical fibre cable in BSNl factories. BSNl has seven telecom factories with a large manpower and elaborate infrastructure. Telecom factories are manufacturing several customer end equipment & testing tools for internal consumption of BSNl. Fibre Home has one of the largest telecom manufacturing base at China. Fibre Home is producing equipment at transport layer and access layer of telecom network. The company is one of the top leader in telecom manufacturing in the world. It has decided to heavily invest in India with BSNl.Speaking on the occasion, Anupam Shrivastava, CMD, BSNl said, “This agreement will help India to get high quality telecom equipment at reasonable cost and will also reduce deployment time. BSNl always stride hard to fulfill government dreams by adopting workable and practical program like this.”
7th Asian Mining Congress organized by MGMI
The 7th Asian Mining Congress and Expo was organized by the Mining, Geological and Metallurgical Institute of India (MGMI) from 8 to 11 November 2017 at Kolkata. The Conference was inaugurated by Chief Guest Susheel Kumar, IAS, Secretary, Ministry of Coal, GOI in presence of Dr Narendra K Nanda, Director (Technical), NMDC and President of MGMI; Gopal Singh, Chairman, Coal India limited; and the Special Guest HE Milan Hovorka, Ambassador, Embassy Czech Republic. In tune with today's global call the theme of this Congress was "International Cooperation in Innovative Technology for Growth of Mineral Industry" and the objective of the Congress is to focus on Asia, the World's largest Continent is also the World's largest raw material producer.