HUDCO conducts annual sports meet for its employees

Dr M Ravi Kanth, Chairman & Managing Director, Housing & Urban Development Corporation Ltd. (HUDCO), flagged off the HUDCO annual sports meet at Thyagraj Stadium, New Delhi, on February 14.

The HUDCO employees along with their family members participated in various sports activities with much fervour and enthusiasm.

IndianOil Director awarded for contribution in fuel science

Sanjiv Singh, Director (Refineries), IndianOil, was felicitated for his outstanding contribution in the field of fuel science by Dr Harsh Vardhan, Union Minister of Science and Technology and Earth Sciences, in New Delhi on February 15.  The jury acknowledged his contribution for implementing innovative ideas and state-of-the-art technologies in the energy sector. The award was presented during the international conference on ‘NexGen Technologies for Mining and Fuel Industries’ organised by CSIR-Central Institute of Mining and Fuel Research. Girish Sahni, Director General, CSIR, Pradeep K Singh, Director, CSIR-CIMFR, were among top researchers, engineers, academicians, planners and policy makers from the field of mining and fuel industries present on the occasion.

NMDC Director felicitated for outstanding contribution 

Dr Narendra K. Nanda, Director (Technical), NMDC, was felicitated on February 15 for his outstanding contribution towards growth in mining industry.

He was awarded at the international conference on NexGen Technologies for Mining and Fuel Industries organised by CSIR–Central Institute of Mining and Fuel Research in New Delhi.

Dr Nanda received the award from Dr Harsh Vardhan, Union Minister for Sciences & Technology and Earth Sciences.

Union Bank launches mobile van for Aadhaar enrolment

Union Bank of India launched a Mobile Aadhaar Van in Mumbai on February 14 through its Corporate BC M/s Vakrangee Ltd as enrolling agency for instant enrolment of Aadhaar card services and seeding/linking of Aadhaar number to bank account. It will serve the people of Mumbai in general and senior citizens and physically challenged persons in particular.

The bank is acting as a Registrar on behalf of UIDAI and has engaged M/s Vakrangee Ltd. as enrolling agency for setting up enrolment centres, undertaking collection of demographic and biometric data for UID enrolments etc.

Oxemberg launches campaign for new spring, summer collection

Oxemberg has launched a campaign for its new spring, summer collection. The new collection boasts of crisp formals, uber-cool semi- formals, smart casuals and statement party wear that are going to be the ‘obsession of the season’. Siyaram's CMD Ramesh Poddar said: “The new, young look of Oxemberg has helped the brand to grow more and target the core consumers that make up our target group. With the launch of this new collection, Oxemberg is all set to capture the Indian market.”

Union Bank’s operating profit rises to Rs 1,851 cr in quarter 3

The Board of Directors of Union Bank of India has approved the financial results of the bank for the quarter and nine months ended December 31, 2016.  Non-interest income for the 9M/FY17 increased by 33.6% on YoY basis. Operating profit grew by 22.8% (9M/FY17) on YoY basis. Gross NPAs stood at 11.70% as on December 31, 2016, while net NPAs stood at 6.95% as on December 31, 2016. Operating profit increased to Rs 1,851 crore during October-December 2016 as compared to Rs 1,820 crore during July-September 2016.

IndianOil organises ‘fuel saving concert’ under Saksham-2017

IndianOil organised a “fuel saving concert” under Saksham-2017, a one-month awareness campaign under the guidance of Ministry of Petroleum & Natural Gas to sensitise the masses about the conservation and efficient use of petroleum products, on behalf of the oil and gas industry.

The function was inaugurated by Sajjan Kumar, Executive Director, IndianOil. Kumar urged the people to focus on the efforts to conserve fuel, especially in a situation where we are importing almost 80% of crude oil. During the concert, fuel conservation message was spread through various special performances on Oil and Gas conservation by local talents.

Railways invites bids for revamp of 23 stations

Indian Railways has launched a “Transit-Oriented Station Redevelopment Programme” which was inaugurated by Minister for Railways on February 8 in New Delhi. Open bids for re-development of 23 stations in the first phase have already been invited. Out of these 23 stations, two stations i.e Jammu Tawi and Faridabad are located in the jurisdiction of Northern Railway. In this connection, a “site visit-cum- road show” will be organised at Faridabad and Jammu Tawi on February 22. Interested parties/organisations may approach Deputy Chief Engineer/P&D Arvind Vijeta Mittal, (M: 9717630246), Northern Railway New Delhi, or the Station Managers’ offices located at Faridabad and Jammu Tawi railway stations directly.

Duke Fashions (India) receives ‘The Midas Touch’ award

Duke Fashions (India) Ltd. was conferred with “The Midas Touch” award at the launch ceremony of ‘The Midas Touch Book’ at Nirvana Club, Ludhiana. Komal Kumar Jain, Chairman, Duke Fashions (India) Ltd., received the award. Duke Fashions has also received the “Make in India-National Productivity & Innovation Award” in Textiles & Garments sector. It has been conferred with President award; two national awards - excellent quality readymade garments and outstanding entrepreneurship – and crowned with Indian Power Brand at Power Brand Glam at Las Vegas, US.

19th inter-CPSU table tennis tournament concludes

NHPC hosted the 19th Inter-CPSU Table Tennis Tournament under the aegis of Power Sports Control Board, Ministry of Power, from February 12 to 15 at NHPC’s Chamera Power Station–I, Chamba. Ten teams from power sector participated in the tournament. Three events i.e. in the category of team, doubles and singles, were organised during the tournament. In the team event, Powergrid, SJVNL and BBMB were declared winner, first runner-up and second runner-up, respectively. In the doubles category, J. Mukherjee and Charanjeet Singh of Powergrid, Inderesh of Ministry of Power, and Naresh Chhibber of CEA and Paramjit Singh and Navneet Gupta of BBMB, emerged as winner, first runner-up and second runner-up, respectively. In the individual category, J. Mukherjee of Powergrid, Jeta Ukhal of SJVNL and Ravi Chaudhary of Powergrid, emerged as winner, first runner-up and second runner-up, respectively. Balraj Joshi, Director (Technical), NHPC, felicitated the winners.

Hemant Bhargava takes over as Managing Director of LIC

Hemant Bhargava has taken over as MD of Life Insurance Corporation of India. Earlier, he was Head of Northern Zone comprising Delhi, Punjab, Rajasthan, Himachal, J&K, Haryana and Chandigarh.    

Prior to that, he was heading Eastern Zone. He had been Country Head of LIC Mauritius, head of International Operations SBU of LIC. He also founded micro insurance vertical for LIC and was Executive Director (Marketing and Product Development) for the corporation. He is the founder CEO of LIC Cards Services Ltd. He is also founder president of Indo Mauritian Business Group in Mauritius.