Archives July 2023

Mumbai,3rd July 2023– Bharat Petroleum Corporation Limited (BPCL), a leading ‘Maharatna’ and Fortune Global 500 Company, has been honored for its exceptional contribution as one of the top revenue contributors in CGST (Central Goods and Services Tax) and Central Excise, Mumbai Zone.

The prestigious recognition was conferred at a grand ceremony held today in Mumbai, commemorating the GST Day.

Shri G. Krishnakumar, Chairman & Managing Director of BPCL, and Shri VRK Gupta, Director Finance, received the citation and appreciation plaque from the Honorable Governor of Maharashtra, Shri Ramesh Bais.

After receiving the award, Shri G. Krishnakumar, C&MD BPCL said, “The recognition of BPCL as a top revenue contributor in CGST and Central Excise, Mumbai Zone, is a testament to the company’s unwavering commitment and significant role in driving the growth of our nation’s economy.

By consistently fulfilling its tax obligations and contributing substantially to the government’s revenue, BPCL continues to demonstrate its strong corporate citizenship and dedication to national progress.”

GST Day, observed annually on July 1st, marks the commemoration of the implementation of the Goods and Services Tax, a significant tax reform initiated by the central government. It serves as a reminder of the transformative impact of this comprehensive tax system on India’s economy and the business landscape.

The acknowledgment of BPCL’s exemplary performance in tax compliance and revenue generation underscores the company’s strong financial management and ethical business practices. It further reinforces BPCL’s position as a leading organization in the energy sector, known for its dedication to excellence, innovation, and contributing to the overall welfare of the country.

At PHD Chamber of Commerce and Industry (PHDCCI), the National Apex Chamber established in 1905, a dedicated Taskforce on Cooperatives was established in October 2022 with the aim of working in tandem with the Union Ministry of Cooperation, Government of India. Through policy advocacy and programs, PHDCCI Taskforce on Cooperatives supports the policy framework for deepening the positive impact of the cooperative movement in India. With its Taskforce on Cooperatives, PHDCCI has been covering the different aspects of cooperatives such as community entrepreneurship, livelihood creations, market linkages, financing, farming, SHGs, etc.

Under the aegis of its Taskforce on Cooperatives and State Development Council, PHDCCI organized a “National Cooperatives’ Meet 2023” on 30 June 2023 at PHD House, New Delhi with wide-ranging participation of key stakeholders in the cooperative sector including from National Cooperative Union of India (NCUI), National Cooperative Development Corporation (NCDC), Indian Farmers Fertiliser Cooperative Ltd (IFFCO) and Krishak Bharati Cooperative Ltd (KRIBHCO). Among others, the National Cooperatives’ Meet 2023 deliberated on the upcoming “Cooperation Policy 2023” and exemplified the much-needed interventions for further strengthening the cooperative sector in India.

In his keynote address, the Chief Guest Dileep Sanghani, Chairman, NCUI welcomed the policymaking exercises and sweeping reforms to boost the growth of the cooperative system and bring the focus on a rural and sustainable economy. He added, “Our Prime Minister has taken a great initiative to strengthen the cooperative sector. The Government of India has decided to create 2 Lakh cooperative societies and model bye-laws in 17 languages and more than 24 states have accepted.” Speaking on the occasion, the Guest of Honour Dr Udai Shanker Awasthi, MD & CEO, of IFFCO reflected on the glorious journey of the cooperative sector in India and ways to further strengthen the cooperative ecosystem with the vast potential India has. He said, “There are three ways of doing business: government, private and cooperative organizations. All the three organizations contribute to the development and there shall be a healthy competition between the three and a provision to develop cooperative universities.”

R Vanitha, Chief Director (Corporate Communications & International Cooperation), NCDC presented an overview of various schemes and initiatives which NCDC has been carrying forward the positive momentum in the cooperative sector. She shared, “There is a registration of three national-level multi-state cooperatives: National Cooperative Export Limited to promote exports from cooperatives, Indian Seed Co-operative Limited for cultivation, production, and distribution of quality seeds, and National Co-operatives Organics Limited for production and marketing of certified and organic products.” Chandrapal Singh Yadav, Chairman, KRIBHCO stressed on the need for corporates and cooperatives to come together for a deeper inclusive socio-economic development in the country as the destination for both is the same, while their ways are different.

Vineet Nahata, Chair, Taskforce on Cooperatives, PHDCCI presented an overview of PHDCCI’s unwavering efforts to further strengthen the cooperative ecosystem in India. He added, “Post-COVID, the stellar financial performance and the robustness in the efficiency of management that the cooperatives have shown are an eye-opener to the Indian corporate sector in many areas, especially when the corporate sector was reeling under pressure.”

Mr Atul K Thakur, Joint Secretary, State Development Council & Nodal Coordinator, Taskforce on Cooperatives, PHDCCI moderated the session.

New Delhi, India:3rd July 2023– Upgrading your IT infrastructure requires a lot of planning. Planning well ahead to keeping in mind the requirement for future performance and upscaling while substantially reducing upgrade costs is key to any enterprise’s IT infrastructure. And ensuring that these requirements are met by your IT team, IP-COM announces two new Enterprise Router + APs Controller + Multi WAN Ports that are robust enough to handle loads, while offering redundancy. Presenting the M80 — a 300-Users Enterprise Router and M50 — a 200-Users Enterprise Router for small to medium-sized enterprises.

M80 300-Users Enterprise Router & 200 APs Controller

The M80 is a Gigabit enterprise router designed for high-requirement users including enterprises, hotels, and community bandwidth operations. The router is equipped with a dual-core special 1.4GHz dual-core network processor with 4GB of high-speed DDR3 RAM. It adopts IP-COM enterprise system firmware using a built-in intelligent AP management system, which can automatically distribute and maintain automatic AP configuration. It supports WEB account password authentication, WEB key authentication, PPPoE Server access authentication mode, and a few other securities which can meet the access authentication requirements under different scenarios. In addition, it also supports multiple WAN bandwidth superposition and load balancing, behavior management, VPN, intelligent bandwidth control, USB file sharing, and many more features. The M80 features 5 Gigabit Ethernet ports, four of which can be configured for either WAN or LAN, based on the requirement for WAN redundancy or LAN sharing. It can support a maximum of 300 users, 500 Web users, 200 PPPoE users, 32 VPN users, and 15 QVLAN users, apart from 200 Access Points with support for AP wireless configuration and automatic download. The M80 also features IPSec/L2TP VPN with a maximum of 32 concurrent tunnels.

M50 200-Users Enterprise Router & 100 APs Controller

The M50 a Multi-WAN Hotspot Router is designed for the implementation of intelligent AP management systems. It supports a multi-authentication management system, and various enterprise-oriented functions including filter management, intelligent bandwidth management, PPTP/L2TP/IPSec VPN, and multi-WAN. It features an 800MHz dual-core processor with 512MB of RAM and 5 Gigabit Ethernet ports offering support for up to 4 LAN / WAN configurations for load balancing with smart bandwidth control. Additionally, it also features a built-in AP controller that can seamlessly manage up to 100 Access Points. It supports a maximum user capacity of 200 users, 3900 new sessions, 55,000 concurrent sessions, and 300 captive portal accounts.

Pricing and Availability

IP-COM M80 300-Users and M50 200-Users Enterprise Router is available through authorized IP-Com partners and other reseller channels (price on request). Email: support.in@ip-com.com.cn

Kolkata,3rd July 2023 Eureka, one of India’s leading stock market trading platforms and investment advisory organizations hosted its first-ever Financial Conclave 2023 on Friday, 30th June 2023 at the Taj Bengal. This conclave held panel discussions on stock market knowledge, trends, and strategies, followed by an all-in-one investment solution app launch named Infinity. Many prominent leaders from the finance industry like Mr. Sriram Krishnan, Chief Business Development Officer, National Stock Exchange (NSE), Mr. Sameer Patil, Chief Business Officer, Bombay Stock Exchange (BSE), Mr. Prashant Vagal, Executive Vice President, National Securities Depository Limited (NSDL), Mr. Rishi Nathany, Chief Business Officer, Multi Commodity Exchange (MCX), Mr. Nilesh Shah, Group President & Managing Director, Kotak Mahindra Asset Management Company (KMAMC), Dr. Vijay Kedia, Managing Director, Kedia Securities Pvt Ltd and Mr. Rakesh Somani, Wholetime Director, Eureka Stock, and Share Broking Services Limited were present at the conclave.

The sessions included subjects like Market Analysis and Trends Investment Strategies, Portfolio Management, Trading Techniques and Tools Market Regulations and Compliance Behavioral Finance, Market Outlook and Predictions Economic Trends and Forecasts Financial Markets, Investment Opportunities, Risk Management, Fintech and Digital Innovation, Wealth Management and Financial Planning Economic Policy and Geopolitical Factors. Market intermediaries were the topic of discussion in the first session, while Mr. Nilesh Shah and Dr. Vijay Kedia participated in an interactive session in the second. The sessions were followed by the launch of an app named INFINITY which provides real-time stock calls and tips, real-time portfolio Overview, GTI – Good Till Trigger, Position Analysis, about markets (Sector watch, heat map, FII &DII activity), Equity Trade, and Track and Investment Education.

Mr. Rakesh Somani, Wholetime Director, Eureka Stock and Share Broking Services Limited, said, “I am filled with immense pride and excitement as we host our very first Financial Conclave. This moment marks a significant milestone for our organization and the financial community as a whole. It is essential for us to come together, share our insights, and collectively navigate the challenges and opportunities that lie ahead. This Financial Conclave serves as a platform for collaboration, innovation, and knowledge exchange. It brings together experts, thought leaders, and visionaries from diverse backgrounds, united by a common passion for advancing the financial industry. We are excited enough about our app Infinity which provides all the advantages of online trading. Infinity’s security features protect your investment while allowing you to get the most out of your trading experience. Infinity is a user-friendly app that works as an all-in-one plan for novices as well as stock market enthusiasts.”

Mr. Sriram Krishnan, Chief Business Development Officer, National Stock Exchange (NSE), said, “Due to digitalization, the working environment has undergone tremendous change, and has mostly changed from what it was fifty years ago. Launching an app and creating a solid digital strategy are now essential if you want to remain competitive and take advantage of new prospects. It is anticipated that the debut of this software would be especially helpful for young investors who favour mobile-based solutions. To be relevant in the future, we must adopt new approaches and techniques. In addition to advancement and development, we have to prioritise our clients’ security and safety first. The introduction of new technologies is important, but so is cybersecurity. A common obligation that necessitates working with numerous agencies and raising public awareness is making sure that the data of our investors is protected. In order to solve this, we have been actively interacting with investors, hosting a number of programmes, and working to reach even more people. However, considering the significant increase in options trading, we must work together more to protect our customers in this apex of digitalization. As we move through these revolutionary times, I also want to highlight the significance of remaining vigilant in the field of cybersecurity. We can guarantee a better future for all parties involved by working together.”

Mr. Sameer Patil, Chief Business Officer, Bombay Stock Exchange (BSE), said, “With immense joy and admiration, I extend my heartfelt congratulations to the Eureka family on the remarkable achievement of completing twenty-five years of their journey. This milestone is a testament to their dedication and unwavering commitment to excellence. The BSE has witnessed significant growth, evident from the substantial increase in the number of investors. Even before the pandemic, the investor count stood at a commendable five crore, and now, it has soared to an impressive thirteen crore. This substantial expansion is a promising sign for the future of capital markets. The launch of this app marks a new era of accessibility and convenience for investors. I firmly believe that this technological advancement will attract a larger audience to participate in the capital markets, further enriching the investor base. I would also like to highlight the commendable changes made by the BSE, particularly the introduction of Sensex contracts with Friday expiry and the reduction in lot size. These strategic moves have greatly improved liquidity and made it easier for more participants to engage in equity markets, fostering a vibrant trading environment. These positive changes have not only been well-received but have also contributed significantly to the overall growth of the exchange.”

Mr. Prasant Vagal, Executive President, National Securities Depository Limited (NSDL), said, “Let us acknowledge the launch of our new digital app, which aligns perfectly with the ongoing digital revolution, where convenience is paramount, and tasks can be executed with a mere click. To secure our operations, we must not undervalue the value of cybersecurity and the cooperation with relevant professionals. In NSDL, we have experienced rapid expansion and ongoing support for innovations, which have led to outstanding accomplishments over the past three decades. For instance, we surpassed 200 million in population 18 years ago, and today we are proud to have a respectable 335 million. This phenomenal rise is a major turning point for us and even rivals certain countries’ GDPs. While we should be proud of what we’ve done, we also need to recognise that other countries have reached milestones that surpass our own, demonstrating the importance of market reach in addition to the actual numbers. China, for example, has witnessed a significant increase while certain places have only had a tiny 1% growth.”

Mr. Rishi Nathany, Chief Business Officer, Multi Commodity Exchange (MCX), said, “As we venture into the realm of digital platforms, it becomes evident that intermediaries and financial services, including exchanges and brokers, merely act as conduits. Establishing a reliable brand and delivering it via technology is the genuine essence. This method allows customers to do transactions conveniently and at their own pace in addition to generating more business and scalability. There can be no denying the role that commodities play in boosting economic growth. Surprisingly, the commodities markets have grown significantly in recent years, which is evidence of the changing financial landscape. The rise can be ascribed to the maturing of options as well as the emergence of multiple new products that draw traders, investors, arbitrageurs, and other market participants. It is impossible to understate the importance of commodities as a key asset class in investing portfolios. In fact, adding commodities diversifies investments and boosts profits, much like a delicious spread of dishes makes a dinner more appetising. Moreover, commodities act as a hedge against inflation and offer currency protection, enhancing their appeal as part of a well-rounded portfolio. I sincerely believe that in order for India to realise its “Make in India” ambition, we must set up effective domestic price risk management mechanisms for both our production and consumption.”

Mr. Nilesh Shah, Group President & Managing Director, Kotak Mahindra Asset Management Company (KMAMC) said “We all know that India is changing so drastically that what was formerly thought of as an elephant is now seen as a tiger. This depicts how well India is doing economically right now. India’s journey has already begun. Prior to our country’s progress, the majority of our Indian counterparts fared better than us, but we have now exceeded the bulk of them. India has seen inflation that has lagged behind that of the US for the past 18 to 21 months. India is undergoing such a revolution that we are now the world’s fourth-largest foreign exchange reserve, operate more electric trains than the United States, and are now manufacturers in the mobile and toy sectors after previously importing goods. We have moved from being the coach of the train to the engine, so we have to do this across many businesses. India is the only country whose GDP is increasing in difficult times and is cautious despite crises. We must take a cue from Amul, a local business that has grown into a global enterprise. Amul aims to make 18,000 crores by 2047 and surpass all other FMCG companies. For the sake of our children’s future and for ourselves, growth must be inclusive; as a nation, we are moving from inequality to equality; we must alter our investment habits to finance investment rather than saving and standing still in the face of change.”

Dr. Vijay Kedia Managing Director, Kedia Securities Pvt Ltd, said “In my opinion, concentrating on long-term investments is not the best method to make money. The goal of long-term investing is wealth expansion since making money and building wealth are two different things. You must have a positive outlook, endure the sting of financial loss, and look ahead. You also need to comprehend management because it’s crucial. Stock has been made sophisticated so that anyone can profit from the stock market. For instance, Dettol controls 75% of the market for its business, while Savlon controls 15%. There are not many differences between the two of them. People mistakenly believe that Dettol works because its product has a distinct fragrance and itches the skin, but Savlon has neither. The stock market has resembled this in certain ways. You should make long-term investments because it is straightforward.”

Let’s be honest, we are always in search of good and trustable brands that can meet our daily needs. Whether it’s finding the perfect personal care products, staying up to date with the latest fashion trends, or maintaining our health and well-being, we all strive to discover brands that resonate with our preferences and deliver exceptional quality. And now, your search is about to end, as we have a list of brands that can fulfill all your requirements at slashed prices.

With Simpl’s, hassle-free 1-tap checkout, you can avail incredible discounts on a wide range of D2C brands. The Simpl Savings Sale is live from 27th June to 2nd July to make your shopping dreams come true. Get ready to embark on a shopping spree like never before, where convenience, savings, and a plethora of desirable brands across different categories await you at the tap of a finger.

Achieve your desired ethnic look with Libas

Libas emerges as a standout among women’s apparel brands, offering a distinct blend of elegance and sophistication to elevate your style. Whether you’re looking for traditional Indian outfits, or office-wear kurtas, Libas has the perfect collection for you. Pay with Simpl and get a flat discount of up to 10% on their exquisite range of ethnic wear.
Birkenstock’s comfort combined with style is all you need in your footwear

Being one of the top five global footwear brands, Birkenstock is renowned for their exceptional quality and craftsmanship. Whether you’re seeking trendy sandals, classic clogs, or versatile shoes, Birkenstock offers a diverse range to suit your needs. So, get the ultimate comfort and timeless fashion with Birkenstock and avail a discount of up to ₹500 as you shop through Simpl.

Fashion for the modern man by The Bear House

Celebrated for their stylish and affordable products, The Bear House presents a diverse range of clothing options designed for the modern man. Whether you’re in search of trendy casual wear or sophisticated formal attire, The Bear House caters to every fashion need. So shop from The Bear House and enjoy a discount of up to ₹300 as you transact through Simpl. Elevate your style game with The Bear House and make an unforgettable impression wherever you go.

Build Your Green Haven with Nurserylive

Nurserylive, born in 2014 with a vision to bring green and healthy living closer to all Indians, is your one-stop-shop for all gardening needs. With over 6000 products available for delivery across India, they offer plants, pots, tools, and expert guidance to help you create your own green haven. Shop during the Simpl Savings Sale and grab an additional 40% discount on all their products.

Personalise your skincare routine with Fabbeu

India’s first Gen Z skincare brand, Fabbeu uses AI to provide personalised solutions to its customers through skin analysis. As part of the Simpl Savings Sale, Fabbeau is offering a limited-time opportunity to get any product for just ₹1, allowing you to indulge in their exceptional skincare range. With skincare gaining the much deserved popularity, it’s time to adopt a skincare routine with products made especially for your skin.

Make your home as artistic as you with The Artment’s Home Decor range

Let your home be a reflection of your personal style with The Artment’s exquisite and artistic home decor pieces. Embracing the belief that art is subjective and immensely personal, The Artment is dedicated to helping you discover home decor that truly represents your unique style and artistic taste. Explore The Artment’s exceptional collection at an additional discount of upto ₹300 with Simpl’s hassle-free checkout.

Enjoy the immersive listening experience with Boult Audio

Experience clean, crisp and powerful sound quality with Boult Audio’s premium collection of wireless earphones, headphones, and portable speakers. Catering to diverse needs with the fastest growing range of consumer products, Boult Audio offers something for every audiophile. Enjoy an exclusive discount of up to ₹200 during the Simpl Savings Sale and immerse yourself in the unmatched sound quality.

Whether you’re passionate about fashion, gardening, skincare, home décor, or electronics, the Simpl Savings Sale has something for everyone. So, don’t miss out on this from 27th June to 2nd July and grab the best deals on these top D2C brands.

The Fern Hotels & Resorts, India’s leading environmentally sensitive hotel chain, is pleased to announce the launch of Koolwal Kothi Zinc Journey by The Fern, Nawalgarh. This is the company’s 12th hotel in Rajasthan. The Kothi prides itself on its vintage furnishings and painstaking attention to detail while emulating life of 80–100 years ago. The resort is located in a lovely garden next to a spacious green roundabout. The location allows guests to live the lifestyle of the Maharajas of Rajasthan. The resort is ideally located close to the nearest tourist attractions and is 130 km from Jaipur International Airport, 285 km from Indira Gandhi International Airport, Delhi and 3.5 km from Nawalgarh Railway Station.

Koolwal Kothi Zinc Journey by The Fern Nawalgarh, offers an exceptional stay experience with 24 individually designed rooms and suites. All rooms are fully air-conditioned, with Wi-Fi connectivity, LED TVs, and eco-friendly bathroom amenities. The other facilities include a multi-cuisine restaurant, spacious banquets, meeting rooms, gym and a swimming pool. Fresco, the multi-cuisine restaurant, offers a unique dining experience of Indian, Chinese and Continental delicacies. For meetings, social gatherings and private parties, the 3 state-of-art conference and banquet halls are ideal choices.

Expressing his enthusiasm at the opening, Suhail Kannampilly, Managing Director, The Fern Hotels & Resorts, said, “We are delighted to launch Koolwal Kothi Zinc Journey by The Fern, Nawalgarh. The region draws leisure travelers all year round because of its renowned Shekhawati Havelis and ancient heritage. Travelers visiting the area will have a unique experience at the resort, which perfectly combines contemporary amenities with a foundation of antique elegance. With this launch, we take a step forward in expanding our footprints across Rajasthan’s top tourist destinations.”

Announcing the launch, Mohit Sharad, Associate Vice President-Sales & Marketing (North & East India), The Fern Hotels & Resorts, said, “The Koolwal Kothi Zinc Journey by The Fern, Nawalgarh takes great satisfaction in the royal experience the hotel can provide its guests. We take great satisfaction in offering our guests an environment-friendly atmosphere. With its illustrious history, alluring architecture and gracious hospitality, Nawalgarh serves as an idyllic backdrop for our finest indulgence. As we begin this extraordinary trip, guests can immerse themselves in the royalty and charm that Koolwal Kothi Zinc Journey by the Fern has to offer.

Speaking on the launch Varun Khandelwal, Partner, Indralok Hotels added “We announce our alliance with The Fern Hotels & Resorts with great pleasure as it represents an important turning point in our quest for hospitality excellence. We are excited to provide a unique paradise to our guests where luxury and tranquility coexist.”

LOCATION: The hotel is 130 km from Jaipur International Airport, 285 km from Indira Gandhi International Airport, Delhi, and 3.5 km from Nawalgarh Railway Station

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3rd July 2023:Over the last few years, entrepreneurship has captured Indians’ imagination as a promising career path. Driven by the desire to offer something unique to the society, and to create meaningful work opportunities for many, individuals have taken the bold step of leaving behind more traditional careers to pursue their entrepreneurial dreams. Sachin and Manisha Sharma, a husband-wife duo are such entrepreneurs who co-founded M&M Logistics Solutionswith Amazon’s Delivery Service Partner (DSP) program and have enabled direct and indirect work opportunities for hundreds for locals in the North part of India.

Sachin, a postgraduate in International Business from Amity University, Noida, joined his family-owned warehouse. After 8 years, he realized that he wanted to build a new entrepreneurship venture. In 2015, he was introduced to Amazon India’s Delivery Service Partner Program by a friend, which proved to be a turning point in his professional journey. He took a leap of faith into entrepreneurship but was not alone. His wife Manisha,a postgraduate in Masters of Art in English, joined him in his endeavor. Together they founded M&M Logistics Solutions as Amazon’s Delivery Service Partners in October 2015.

Sachin and Manisha started with just one delivery station in Karol Bagh, Delhi. Over the last 8 years they have expanded their business across different geographies. Today, they manage close to 45 delivery stations in 21 cities, across Uttar Pradesh, Haryana, Uttarakhand, and Delhi-NCR to deliver Amazon packages.

“The journey to entrepreneurship as Amazon’s Delivery Service Partner has been very fulfilling. While there have been challenges on the path but we cherish every moment. Over the last 8 years, we have grown exponentially, creating diverse opportunities for people and ancillary businesses across North India. All this has been possible because of my wife’s incredible support and Amazon’s partnership,” says Sachin.“I have always believed in being independent and Amazon has given us an opportunity fulfil our entrepreneurship dream and to create work opportunities for locals across different geographies where we operate. Amazon’s training, delivery technology and immense knowledge in the logistics sector has not only helped us against the initial business challenges but also enabled our business to grow exponentially,” says Manisha.

After 8 years of running their logistics business successfully, Sachin and Manisha believe they are just getting started. Over the next few years, they aim to explore new cities across Haryana and Uttarakhand.

Dr. Karuna Shankar Pande, Director, Amazon Logistics, India says, “It brings me great pride to see the growth journey of M&M Logistics Solutions, and other small and mid-sized businessesgrowing exponentially and benefiting from Amazon’s Delivery Service Partner program. With the right guidance, these entrepreneurs not only build a successful business, but they also create opportunities for people at large.”

With the Delivery Service Partner (DSP) program, Amazon India has partnered with more than 300 individuals who have Small and Mid-sized Businesses (SMBs) to deliver packages to Amazon customers and provide them with growth avenues. Overall, Amazon India has close to 2000 delivery stations both owned and operated by Amazon, as well as Delivery Service Partners in more than 750 cities. In 2021, Amazon launched the next evolution of the Delivery Service Partner (DSP) program in India which enables aspiring entrepreneurs, even with little to no delivery experience, to develop and launch their own delivery businesses.

Amitava Mukherjee, CMD, NMDC

Hyderabad, 1 July 2023: State Miner NMDC produced 3.48 MnT and sold 4.1MnT of iron ore in the third month of FY24, recording the highest ever June month and

Q1 production and sales in company history.

Registering an upswing of 35% in production over MoM, the Country’s largest iron ore producer has achieved its best-ever monthly production for April, May, and June performances since inception.

Registering an upswing of 115% in sales over MoM, NMDC has achieved its best-ever monthly sales for any of June since inception.

NMDC’s cumulative production and sales in Q1 of FY24 witnessed 20% and 45% growth respectively. In the first quarter of the financial year, the company produced 10.70 MnT and sold 11.15 MnT of iron ore with an ever-best Q1 physical performance.

Commenting on NMDC’s outstanding performance, Shri Amitava Mukherjee, CMD (Addl. Charge) said, “NMDC’s contribution to the country’s economy continues to make massive headway in meeting the increase in the demand for iron ore. Our record of highest ever Q1 and June production and sales since inception resonates with our agile and diligent investments in mine planning,expansion and very efficient human assets.”

# Exploring the Transformative Potential of Drones: HP Govt and FICCI join hands for Himachal Drone Conclave 2023

# Shaping the Future of Drone Technology: Himachal Drone Conclave 2023 to be Inaugurated by Hon’ble Chief Minister of HP

[Delhi, July 1, 2023] –

The Himachal Pradesh Government, in association with the Federation of Indian Chambers of Commerce and Industry (FICCI), is pleased to announce the upcoming HIMACHAL DRONE CONCLAVE 2023. This pioneering event will bring together experts, stakeholders, and enthusiasts from the drone industry to explore the transformative potential of drone technology in various sectors. The conclave aims to foster innovation, knowledge sharing, and collaboration in this rapidly evolving field.

The HIMACHAL DRONE CONCLAVE 2023 is scheduled to take place on 4th- 5th July, 2023 (Tuesday & Wednesday) at Chaudhary Sarwan Kumar Himachal Pradesh Agricultural University (CSKHPKV) in Palampur, Himachal Pradesh. The programme will commence at 09.00 AM and continue until 05:30 PM.

The conclave will be inaugurated by the esteemed Chief Guest, Shri Sukhvinder Singh Sukhu, Hon’ble Chief Minister of the Government of Himachal Pradesh. Speaking about the event, Sh. Gokul Butail, Principal Advisor (IT and Innovation), Government of Himachal Pradesh, shared his thoughts, stating, “We are honored to host the HIMACHAL DRONE CONCLAVE 2023 and have FICCI partnering with the State for the event. This event is a significant step towards harnessing the immense potential of drone technology in our State. We envision this conclave to be a platform for knowledge exchange and collaboration, enabling us to explore innovative drone applications for the benefit of various sectors.”

The HIMACHAL DRONE CONCLAVE 2023 will witness insightful panel discussions, engaging presentations, exhibition and live demonstrations showcasing the latest advancements in drone technology. Attendees will have the opportunity to interact with industry experts, government officials, researchers, and professionals from diverse backgrounds, fostering a conducive environment for networking and collaboration.

With the objective of promoting the utilization of drones in diverse domains such as agriculture, disaster management, healthcare, infrastructure, and more, this conclave aims to generate awareness about the transformative capabilities of drones and their potential to revolutionize industries.