Northern Railway organises 55th Civil Defence Day in New Delhi
As a mark of respect to the martyrs who laid down their lives during different wars, Northern Railway Civil Defence unit observed the 55th Civil Defence Day on the last Thursday. A simple ceremony was organised at Divisional Railway Manager's office, New Delhi, presided over by RN Singh, Divisional Railway Manager, Delhi. Officers & staff of Delhi Division were present on the occasion. Civil Defence Day is celebrated not only in India but also all over the world. The Civil Defence unit of Northern Railway consists of staff volunteers enrolled in the organization. The members are trained in First Aid, crowd management, fire fighting and other emergency services, and are co-opted to provide voluntary services on various occasions from time to time. About 400 railway staff of Delhi Division is enrolled in the Civil Defence Organisation. During the year they organised fire fighting, rescue and First Aid drills as well as helped in crowd management at various Railway stations of Delhi Division during the festivals of Chhat, Diwali, Dusshera, etc.
HAl's initiative for development of Defence Manufacturing ecosystem
Hindustan Aeronautics limited (HAl), the flagship Aerospace Company under the Ministry of Defence (Department of Defence Production) having 20 Production Divisions and 10 Dedicated R & D Centres across the Nation. HAl has been giving utmost thrust for development of Defence Manufacturing ecosystem in the country. Keeping this in mind, HAl Nashik Division has proactively took a bold decision to outsource the sub-assemblies of Sukhoi-30 MKI, by sharing the work load with private companies having expertise and infrastructure. To convert the plan into reality a decision to outsource the major structural assemblies of Su-30MKI like Vertical fin, Stabilizer, Slat, Ventral Fin, Canard, Flaperon, Ventral Fin was taken in the year 2003-04. This was the first time in India to involve the private vendors as Tier-1 suppliers in aircraft manufacturing program undertaken by HAl. Today with handholding and strive towards the 'Make in India' program, HAl has organized 'Public Private Partnership Summit 2017' wherein success story of PPP model by HAl is showcased to the country. The event is graced by Raksha Rajya Mantri Dr Subhashji Bhamre, CMD, HAl, T Suvarna Raju and other Directors and CEOs of HAl. The event is being hosted by MiG Complex at the venue HAl, Nashik. As on date, total 918 Vendors are participating in the HAl related projects including the ToT and Indigenous projects. During the summit delivery of 100th Shipset of Su-30MKI Empennage Assemblies from M/s. Dynamatic Technologies limited, Bangalore is also being commemorated.
Gangwar takes steps to improve service delivery during ESIC's 172nd meet
The ESI Corporation during its 172nd meeting held on 06.12.17 under the Chairmanship of Santosh Kumar Gangwar, Minister of State for labour & Employment (Independent Charge), GoI has taken some very important decisions towards improvements in its service delivery mechanism. The other dignitaries participating in the meeting were M Sathiyavathy (IAS), Secretary, labour & Employment, GoI, Raj Kumar (IAS), Director General, ESIC and Sandhya Shukla IA & AS, Financial Commissioner, ESIC., representatives of Employees and Employers and ESI Corporation members, representatives of State Governments and officers of Mol & E and ESIC. Following important decisions were taken during the meeting: Formation of Employees' State Insurance Society in States; Upgradation of ESI Dispensaries into 6 bedded Units in phased manner; Approval of its Annual Report and Annual Accounts for the F.Y. 2016-17.
COAS COMMEMORATING ARMED FORCES FlAG DAY
Secretary of Kendriya Sainik Board (KSB) Brigadier MH Rizvi pinning Armed Forces Flag on Gen Bipin Rawat, COAS. Gen Bipin Rawat, COAS commemorating the Armed Forces Flag Day at South Block, New Delhi on the last Thursday.
Oriental Insurance Company’s net soars at Rs 705 crore for H2 of FY'2017-18
Oriental Insurance Company recorded a global premium income of Rs 5767 crore at a growth rate of 6.84 per cent with operating profit of Rs 438 crore and net profit of Rs 705 crore as against loss of Rs 596 crore and loss of Rs 382 crore, respectively in the corresponding period. It regained its solvency ratio which stood at 1.52 as against 1.14 in the corresponding period. International rating agency AM Best has affirmed the Financial Strength Rating of B++ (Good with stable outlook) stating Oriental's balance sheet remains VERY STRONG and is supported by solid risk-adjusted capitalisation and also affirmed long-Term Issuer Credit Rating of bbb+ for the company by assigning negative outlook to long-Term Issuer Credit Rating. Company pursued active pro-governance strategies namely strengthening the Technical Reserves in line with actuarial best estimates, and exemplary controls on underwriting, expense and claims management which has ensured turnaround. It will continue focus on underwriting profitable business & achieving profits by the end of financial year 2017-18.
ICAI's mega flagship on ‘Convergence Sustainability in Digital Era’ opened
The 2-day International Conference organised by the Institute of Chartered Accountants of India (ICAI) was inaugurated on Friday at Mumbai. The Conference on ‘Accountancy Profession: Convergence and Sustainability in Digital Era' is a part of ICAI's effort to ensure continuous professional development of its members. It was attended by Rachel Grimes, President, IFAC and Guest of Honor at the event. Other dignitaries present at the event included CA. Nilesh S Vikamsey, President, ICAI, CA. Naveen ND Gupta, Vice-President, ICAI, Central & Regional Council Members, ICAI. There are various sessions during two- day Conference which shall be addressed by eminent personalities from Government sector, Regulators, Global Accountancy Forums, Industry and practitioners etc. The Conference is likely to see participation of about 1500 professionals and business leaders.
WORlD DISABIlITY DAY CElEBRATED BY NFRWWO at Maligaon
Northeast Frontier Railway Women Welfare Organisation (NFRWWO) celebrated the World Disability Day on Friday at luitgarh Club, Nambari, Maligaon. Students of ‘Sneha school' which is a school run for Dibangya child by NFRWWO performed various programme on the occasion. Sunita Singh, President of NFRWWO along with other members were also present. President of NFRWWO gave away prizes to winner of Drawing, Painting and Essay competition which was held on last September respectively. There are altogether 13 Dibangya child in the school between age group 3 to 15 yrs. President of NFRWWO also distributed mementos to Railway staff for showing efficiency and sincerity in connection with NFRWWOs work during last year.
OBC convenes its 89th State level Bankers' Committee meet
Oriental Bank of Commerce OBC), Convenor, State level Bankers' Committee- NCT of Delhi convened its 89th Meeting on the last Thursday, chaired by Himanshu Joshi, Executive Director, Oriental Bank of Commerce (Third from left). Also seen in the picture from left to right were Anand Prakash, GM (FIDD), RBI; KK Saraf, Regional Director, RBI; Sindhu Pillai, (IPS), Director, DFS, MoF, GoI, SC Das, GM, OBC & P Sreedhar, GM & Convenor, SlBC-Delhi.
Giriraj launches Public Procurement Portal for MSEs-MSME Sambandh
A Public Procurement Portal ‘MSME Sambandh' was launched by Giriraj Singh, Minister of State (Independent Charge) for MSME, here on Friday. The objective of the portal is to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises. Speaking on the occasion, the Minister said that MSME is not given its due importance. He also stated that in the words of the Prime Minister MSME sector generates more employment next only to Agriculture sector. He also said that 80 per cent of jobs in industry is given by MSME with just 20 per cent of investment. He appealed to the stakeholders to take advantage of the portal thereby fulfilling the mandate given to them. He highlighted the fact that such portal would gel with the ease of doing business and 'Make in India' initiatives of the GoI. He also said that his Government is ready to help the MSEs in all possible ways. Dr AK Panda, Secretary, MSME informed that the Micro and Small Enterprises would be able to access the information about the products being procured by CPSEs. Thus, it would help the MSEs in participating in the procurement process.
REC bags SCOPE Award for Brand Building via inclusive growth initiatives
REC limited received the first prize for ‘Brand Building through Inclusive Growth Initiatives' at the Corporate Communication Excellence Awards, 2017 organised by the SCOPE. The award was presented by the Minister of State for Information & Broadcasting, Rajyavardhan Singh Rathore on the last Thursday, New Delhi. SCOPE received 119 entries from 38 PSUs and the jury included BimalJulka (IAS), Information Commissioner and KG Suresh, Director General, IIMC amongst many other eminent names from the media, communications and public relations world.
Traders, citizens stuck with unbiased aspects of GST in Trade Fair
On the concluding day, businessmen and citizens gathered more information about the GST at the IITF GST pavilion. The traders and civilians who reached pavilion took information about the GST, and cleared their doubts. Not only that, traders from other States also registered, so that he can pay GST on the goods sold here. GST Pavilion was organised by the Directorate of Publicity and Public Relations of the Service and Customs and Service Tax Board at the lower ground on Hall No. 18 of Pragati Maidan. In this pavilion, the officials of CBEC's Taxpayer Services Department, GST-Network officials and other employees provided information regarding GST like, what are the benefits of the goods and services, how to fill the returns on GST portal etc, what are the facilities. The work was done to make people aware about GST. Six help desks were made in the GST pavilion, three stalls, one customs duty, while two help desks were built on GST network. Bhagwan Patil and Praveen Kumar from GST Network provided information related to the network to people in Pavilion.
Nagpur-based Vishvaraj Gr named the ‘Most Promising Business leader of Asia
‘Bringing laurels for India, Arun lakhani, CMD of Nagpur-based Vishvaraj Group has been named the ‘Most Promising Business leader of Asia' at the recently held Asian Business leaders Conclave 2017 in Kuala lumpur, Malaysia. lakhani who also dons the Chairman of Maharashtra Badminton Association cap was voted from amongst business leaders and Government dignitaries from Asian powers like India, China, Malaysia, Japan, Singapore, Indonesia, UAE and Taiwan. The Asian Business leaders Conclave is a platform for the biggest business leaders of Asia.