Business Corner


Hygiene revolution begins; Pad Woman joins hand with Crowdera

While Akshay Kumar’s film ‘Pad Man’ has started creating a buzz in theatres, tribal women of our country are now going to witness a hygiene revolution as Maya Vishwakarma the ‘Pad Women’ of India is all set to start a movement by distributing free sanitary pads to tribal women in the country. Realising that the taboo of menstruationa was depriving them of a very basic necessity, ‘Sukarma Foundation’ a non-profit organisation runs by Maya has started a movement to distribute free affordable semi-biodegradable sanitary pads to tribal women’s in India, starting with the tribal area of Narsinghpur, Madhya Pradesh in association with a global crowdfunding and fundraising platform for nonprofits and social innovators, ‘Crowdera’, which does not charge any commissions on donation processing and provides features rich fundraising toolkit for global charities and NGOs. Commenting on this social movement, Sukarma Foundation’s founder Maya Vishwakarma said, ‘Being women I know firsthand the problems and social stigma that a young girl goes through in this country. This also gives me the courage to stand up and do something about it so that future generations in small villages don’t face such similar challenges.’ According to study there are 134, 00000 girls are diagnosed with Cervical Cancer and 72,000 females are killed every year due to cervical cancer.  This is horrendous especially in the rural tribal area where the women use rags, dried leaves, old clothes in a very unsanitary manner. 80% of India’s population does not use sanitary pads because they are unaffordable, added Maya.

BV Rama Gopal is now Director, Refineries at Indian Oil

BV Rama Gopal has taken over as Director (Refineries) on the Board of Indian Oil Corporation Ltd. (IndianOil) with effect from February 12, 2018. Earlier, he was Executive Director (In-Charge) of the Company’s Panipat Refinery & Petrochemicals Complex, India’s largest integrated refinery-cum-petrochemicals complex and the third largest of its kind in Asia.The IndianOil Group owns and operates 11 of India’s 23 refineries, with a combined refining capacity of 80.7 MMTPA. Rama Gopal joins the IndianOil Board at a time when the Company has charted an exciting growth trajectory for its Refineries Division, with mega projects of over Rs 70,000 crore under execution over the next three years. The main projects are upgradation of major units at various group refineries for roll out of BS-VI grade fuels in NCT by April 2018, NCR by April 2019 and all-India by April 2020, capacity expansion of  Barauni Refinery (6 to 9 MMTPA), Gujarat Refinery (13.7 to 18 MMTPA) and Panipat Refinery (15 to 25 MMTPA). He shall also be spearheading the completion of major projects of Polypropylene Unit & Petcoke (Paradip Refinery), INDMAX (Bongaigaon Refinery), rolling out of Ethylene Glycol Project (Paradip Refinery) and Acrylics/Oxo Alcohol Project (Dumad, Gujarat), among others. Armed with a degree in Chemical Engineering from the Osmania University, Hyderabad, and an Advanced Management Training from ASCI, Rama Gopal has over three decades of rich experience in the oil & gas sector, and is among the very few professionals in the industry with deep knowledge of operating both refinery and petrochemical unit with an extensive product-line of aromatics and polymers, besides petroleum products. Many new grades of polymers were added to IndianOil’s products portfolio under his leadership, with important international OEMs tie-ups for supplies. Rama Gopal also serves as Director on the Board of ISRPL (Indian Synthetic Rubber Pvt. Ltd.), a joint venture company with IndianOil, Marubeni (Japan) and Taiwan Synthetic Rubber Corporation (Taiwan) as partners.


Kunal Gupta has taken over as Group General Manager of 2100 MW Farakka Super Thermal Power Station of NTPC Limited with effect from 10th  February, 2018. An Electrical Engineer by profession, Gupta was the Group General Manager of NTPC Kayamkulam, prior to taking up his new assignment at Farakka. Shri Gupta started his career in NTPC as Executive Trainee in 1981 and was regularized at Korba and posted in Electrical Maintenance Department.Gupta has worked in various capacities at Jhanor Gandhar, Kaniha, before becoming head of project of RGPPL Ratnagiri in 2016. An able administrator and a distinguished technocrat, Gupta has undergone advanced training in Engineering and Management in reputed Institutes in India. He brings with him rich experience of about 36 years in the field of Operations and Maintenance of thermal power plants.

Motherson Sumi Systems Q3 results announced

Motherson Sumi Systems Limited (MSSL) on Tuesday announced financial results for the third quarter for fiscal 2017-2018. The company posted quarterly consolidated revenues of Rs 14,271 Crore and consolidated EBITDA of Rs 1,386 Crore. These results compare to revenues of Rs 10,514 Crore and EBITDA of Rs 1,145 Crore in the same quarter in the previous year. The company posted quarterly consolidated revenues of Rs 14,271 Crore and consolidated EBITDA of Rs 1,386 Crore. These results compare to revenues of Rs 10,514 Crore and EBITDA of Rs 1,145 Crore in the same quarter in the previous year. Vivek Chaand Sehgal, Chairman, MSSL said, “The momentum towards growth continues in our Third Quarter. Customer confidence remains high and with new plants being commissioned or underway, the outlook remains positive. Teams across countries and divisions have performed really well and we remain grateful to our customers for their  continued trust and support.”



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K’taka CM plants paddy saplings in solidarity with agriculturists

12 Aug 2018 | Kestur Vasuki | Bengaluru

Karnataka Chief Minister HD Kumaraswamy who is facing wrath from the farmers in the State, in an appealing gesture planted paddy saplings in solidarity on Saturday. He chose Aralukuppe village in Mandya district the heart land of vokkaliga politics sowed paddy saplings in a muddied agriculture field amidst a large gathering...

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Cooperation of all necessary to achieve target: Ramsheela Sahu

15 Aug 2018 | Staff Reporter | Raipur

State of Chhattisgarh is moving faster from malnutrition to normal. But on the path, to achieve the target cooperation of all is required, said women and child development minister Ramsheela Sahu...

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