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JSPL Supports Safety in Small Scale Industries of Angul Region

A safety awareness program was organized by Jindal Steel & Power Limited (JSPL) at M/S Amritesh Industries Pvt. Limited (AIPL) under the Guidance of Asst. Director of Factories & Boiler, Angul UK Samantray. The program was organized as a part of “Safety Buddy Program” initiated by the Directorate of Factories & Boilers, Odisha. An experienced team from JSPL consisting of ...

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JSPL Foundation distributes Study materials to children of Jail inmates

JSPL Foundation, the Corporate Social Responsibility (CSR) arm of Jindal Steel and Power Ltd. (JSPL), in association with John Augusts Prison and Social Welfare Services (JAPASWS), has distributed study materials for the children of Jail inmates at Angul. Tapan Kumar Satapathy, ADM, Angul and Pankaj Gautam, JSPL’s Chief Operating Officer – Odisha, graced the occasion as Chief-guest and Guest of ...

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FM: CCI should safeguard Indian enterprises from abuse by overseas entities 

Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman said  that Competition Commission of India (CCI) should ensure Indian enterprises are safeguarded from abuse by entities operating from other jurisdictions. Smt. Sitharaman was speaking at the 10th anniversary celebrations of the CCI. Smt. Sitharaman said that CCI must keenly observe market developments around the globe as borders no longer determine competition ...

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Hon’ble Governor of Odisha Professor GaneshiLal lays foundation stone for BPCL’s Second Generation Ethanol Bio-Refinery at Bargarh, Odisha

The Foundation Stone for Second Generation (2G) Ethanol Bio-Refinery of Bharat Petroleum Corporation Limited, which is being set up at Baulasingha Village, Bhatli Tehsil, Bargarh district, Odisha, was laid today by His Excellency, Governor of Odisha, Professor GaneshiLal, in the presence ofShriDharmendraPradhan Honorable Union Minister of Petroleum & Natural Gas and Skill Development &Entrepreneurship, ShriPrafulla Kumar Mallik, Hon’ble Minister for ...

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CCI decides another Lesser Penalty case in respect of cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market 

The Competition Commission of India (‘CCI’) passed a final order imposing penalty on Panasonic Energy India Co. Limited (‘Panasonic’) and Geep Industries (India) Private Limited (‘Geep’) for colluding to fix prices of zinc-carbon dry cell batteries in India. In respect of Panasonic, CCI granted 100 percent reduction in penalty by invoking the provisions of Section 46 of the Competition Act, ...

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NALCO announces record 114% dividend amounting to Rs. 1102 crore for 2017-18, highest ever since inception

Continuing its bull run, National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, has once again brought cheer in the stock market by declaring record dividend payout of Rs 1102 crore – an increase from 56 % in 2016-17 to a whopping 114 % in 2017-18, which works out to Rs 5.70 per equity ...

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Dredging Corporation of India Limited Announces 20% Dividend for 2017-18 

The Dredging Corporation of India Limited has declared  a 20% dividend on the paid up capital of Rs.28 Crore for the year 2017-18. A cheque of Rs. 4,11,44,026  (Rs. 4.11 Crore ) was handed over to Shri Nitin Gadkari,  Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation by Shri Rajesh Tripathi, CMD, DCI  in ...

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Committee on review of penal provisions of Company Act 2013 submits final report to Shri Arun Jaitley

The Committee constituted by Government of India in July 2018  to review the existing framework dealing with offences under the Companies Act, 2013 and related matters and make recommendations to promote better corporate compliance, has submitted its report here today. The report was presented to the Union Minister for Finance & Corporate Affairs, Shri Arun Jaitley by Secretary, Ministry of Corporate ...

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JSPL Foundation announces two scholarship programmes

JSPL Foundation, the CSR Arm of Jindal Steel & Power Ltd (JSPL), has announced two scholarship programme – OP Jindal Star and OP Jindal Jewel – for economically weaker meritorious students from the vicinity area of its operations across India, including Angul, Barbil and Tensa in Odisha. Through the Scholarship programmes, to be launched on 88th Birth Anniversary of Shri ...

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2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2-16-17

Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today that during financial year 2018-19, a total of 2,25,910 companies have been identified for action under Section 248 of the Act on the basis of non- filing of due returns for the financial Year 2015-16 & 2016-17. Due procedure shall be followed ...

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