The document provides a summary of recent news related to Balmer Lawrie and other Public Sector Enterprises (PSEs) in India. Balmer Lawrie's rank improved in a list of top 500 companies. The government is allowing PSEs flexibility in creating new positions and is considering closing some loss-making PSEs. It also eased some rules for listed PSEs and selected new heads for Hindustan Aeronautics Limited and Scooters India Limited. Measures are being taken to boost coastal shipping and tourism in India.
The document provides a weekly media update comprising news clips from various media sources related to Balmer Lawrie and other public sector enterprises (PSEs) in India. It includes reports on the Indian economy, infrastructure growth, disinvestment plans for sick PSEs, revisions to GDP growth estimates, and policy developments in areas like tourism, strategic petroleum reserves, and public procurement. The update is emailed every Monday as a round-up of the latest news for the company.
The document provides an editorial and updates from Balmer Lawrie (BL) for the month of May 2013.
1) BL announced excellent financial results for FY2012-13 at a board meeting on May 29, with profits growing by 18%. Logistics emerged as the top performer.
2) Six independent directors and the Chief Vigilance Officer completed their tenures on May 31. World Environment Day was observed on June 5 with the theme "Think.Eat.Save" to reduce food waste.
3) Regular training and updates were provided to employees. The HSE corner column continued promoting health, safety and environment awareness.
This document provides a weekly summary of news related to Balmer Lawrie and other topics such as the Indian economy, government policies, and business sectors. The summary includes news about Prime Minister Modi's comments on expanding India's economy fivefold by 2040 through affordable energy. It also discusses updates on digital payments increasing after demonetization, the RBI cutting growth estimates, and plans for cashless salary payments in industries.
The document provides updates on various topics related to public sector enterprises (PSEs) in India:
1) Investor interest in exchange traded funds (ETFs) has doubled since the new government took over in June 2014, reflecting optimism in the economy. The initiative to roll out ETFs around Central PSEs also helped boost interest.
2) The government has launched an initiative to provide over five dozen project approvals through a single online platform to make it easier to do business in India.
3) Several key positions in telecom PSUs like BSNL and MTNL have been vacant for months, despite the new government's focus on turning them around.
4) 34
The document is a weekly media update containing news clips related to public sector enterprises (PSEs) in India for the week of February 24, 2014. It includes articles discussing the government allocating less capital than needed to public sector banks, infrastructure spending being raised, the number of employees and profitable PSEs declining, and earnings from PSE profits increasing. The update also covers news on various industries that PSEs operate in such as aviation, tourism, logistics and others.
The document provides a summary of recent news related to Balmer Lawrie and other Public Sector Enterprises (PSEs) in India. Balmer Lawrie's rank improved in a list of top 500 companies. The government is allowing PSEs flexibility in creating new positions and is considering closing some loss-making PSEs. It also eased some rules for listed PSEs and selected new heads for Hindustan Aeronautics Limited and Scooters India Limited. Measures are being taken to boost coastal shipping and tourism in India.
The document provides a weekly media update comprising news clips from various media sources related to Balmer Lawrie and other public sector enterprises (PSEs) in India. It includes reports on the Indian economy, infrastructure growth, disinvestment plans for sick PSEs, revisions to GDP growth estimates, and policy developments in areas like tourism, strategic petroleum reserves, and public procurement. The update is emailed every Monday as a round-up of the latest news for the company.
The document provides an editorial and updates from Balmer Lawrie (BL) for the month of May 2013.
1) BL announced excellent financial results for FY2012-13 at a board meeting on May 29, with profits growing by 18%. Logistics emerged as the top performer.
2) Six independent directors and the Chief Vigilance Officer completed their tenures on May 31. World Environment Day was observed on June 5 with the theme "Think.Eat.Save" to reduce food waste.
3) Regular training and updates were provided to employees. The HSE corner column continued promoting health, safety and environment awareness.
This document provides a weekly summary of news related to Balmer Lawrie and other topics such as the Indian economy, government policies, and business sectors. The summary includes news about Prime Minister Modi's comments on expanding India's economy fivefold by 2040 through affordable energy. It also discusses updates on digital payments increasing after demonetization, the RBI cutting growth estimates, and plans for cashless salary payments in industries.
The document provides updates on various topics related to public sector enterprises (PSEs) in India:
1) Investor interest in exchange traded funds (ETFs) has doubled since the new government took over in June 2014, reflecting optimism in the economy. The initiative to roll out ETFs around Central PSEs also helped boost interest.
2) The government has launched an initiative to provide over five dozen project approvals through a single online platform to make it easier to do business in India.
3) Several key positions in telecom PSUs like BSNL and MTNL have been vacant for months, despite the new government's focus on turning them around.
4) 34
The document is a weekly media update containing news clips related to public sector enterprises (PSEs) in India for the week of February 24, 2014. It includes articles discussing the government allocating less capital than needed to public sector banks, infrastructure spending being raised, the number of employees and profitable PSEs declining, and earnings from PSE profits increasing. The update also covers news on various industries that PSEs operate in such as aviation, tourism, logistics and others.
This document provides updates from Balmer Lawrie, an Indian conglomerate. It summarizes the appointment of two new directors to the board, one for HR and one for manufacturing businesses. It also discusses the company's upcoming 149th Foundation Day celebration on February 1st 2015 across various locations. The document provides other updates such as business performance, new office space, annual sports meet, employee achievements, and safety precautions.
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The greases and lubricants business of Balmer Lawrie began in 1937 with the production of grease and other products in a small shed in Kolkata. Over the decades, Balmer Lawrie grew to become the largest producer of greases in India by 1960. It produced greases for major oil companies like Shell and Caltex. However, with the nationalization of oil companies in the 1970s, Balmer Lawrie lost its major customers. It began direct marketing of its own grease brand 'Balmerol' in the 1970s. Balmer Lawrie also diversified into specialty greases and high performance lubricants by setting up an applications research laboratory and engaging closely with customers. The
The document provides information from an editorial in the November 2014 issue of BLOOM magazine. It summarizes the company's second quarter results for FY2014-15, noting a 6.13% increase in total income. It also discusses activities undertaken by the company to support the Swachh Bharat Abhiyan cleanliness campaign and observe Vigilance Awareness Week on the themes of combating corruption and promoting transparency. Finally, it provides brief updates on various company activities, transfers, and initiatives taken regarding the strategic planning process and supporting the cleanliness campaign.
- Mr. Prabal Basu and Mr. K Swaminathan assumed charge as the new C&MD and Director of Service Business respectively of Balmer Lawrie on August 1st, replacing the outgoing C&MD and Director of Service Business.
- The Logistics Infrastructure and Logistics Services SBUs were merged to form the new Logistics SBU, which will focus on five major areas and be headed by Mr. Manas Kumar Ganguly.
- Balmer Lawrie's financial results for the first quarter showed a 3% increase in total income and a 35% increase in profit before tax compared to the same period last year, with both manufacturing and services businesses performing well.
This summary provides the key details from the document in 3 sentences:
The document is a weekly media update from Balmer Lawrie that includes news about the company, other PSUs, and related business sectors. It mentions that Balmer Lawrie's CMD aims to double revenues by 2021 by leveraging traditional areas of expertise, and that 64 central PSUs showed capital erosion of Rs. 74,000 crore according to a CAG report. The update also covers various news stories about the Indian economy, including GDP growth forecasts and figures on the core sectors and services industry.
Balmer Lawrie acquired tour operator Vacations Exotica for Rs. 20 crore. Several news articles covered the acquisition and Balmer Lawrie's plans to increase sales to Rs. 300 crore with the acquisition. The Cabinet approved five port expansion projects worth over Rs. 17,630 crore. Coastal shipping players said the government's recent relief measures were insufficient. Indian Oil Corporation plans to acquire a 10% minority stake in a Canadian shale gas and LNG project for about $1 billion.
Balmer Lawrie acquired the holiday brand "Vacations Exotica" in February 2014 to expand its tours and travel business. Vacations Exotica brings 118 employees across 9 offices in India and associate offices abroad. It is ranked among the top 5 holiday companies in India with an average 25% growth since inception in 2007. The acquisition allows Balmer Lawrie to offer end-to-end tourism services.
BLOG ISSUE 45_January 2024 - Balmer Lawrie Organisational GazzettBalmerLawrie
The Buddhist monk gathered his young students and told them to steal purses from wealthy people in the nearby city to raise money for their temple. All the students were uncomfortable with this except one boy. The boy realized there was no place he could steal without seeing himself, so he told the other students not to go. The monk was pleased with this boy, as he had wanted to teach the students a lesson about integrity.
The document then discusses events at Balmer Lawrie related to observing Vigilance Awareness Week and Constitution Day. It also summarizes new partnerships, projects, and training programs launched by various divisions of the company during this period.
The document provides information on various topics happening in India and at Balmer Lawrie & Co. Ltd. in February 2024. It discusses the upcoming Indian general elections, International Women's Day theme of inclusion, National Safety Day celebrations, regional new year festivals, and Balmer Lawrie business updates including new appointments, awards received, and events/conferences hosted. The newsletter aims to keep employees informed of company and national news and events on a monthly basis.
The document discusses Balmer Lawrie's celebration of various events in February 2024 and announcements. It summarizes that Balmer Lawrie celebrated its 158th Foundation Day on February 1st across India. It also announced positive third quarter results for FY2023-24 with increased profits. The 53rd National Safety Week will be observed from March 4th-10th with programs centered on safety leadership.
Daily Media Update - 26.02.2024. This document comprises news clips from vari...BalmerLawrie
Daily Media Update - 26.02.2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
Weekly Media Update_19_02_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_19_02_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
Weekly Media Update_05_02_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_05_02_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
The document provides an overview of India's accomplishments in 2023 and upcoming events being celebrated in early 2024. Some key points:
- India successfully shouldered its G20 Presidency and launched various initiatives. Domestically, it achieved several milestones in space, rail, and sports.
- On January 26th, 2024, India will celebrate its 75th Republic Day.
- In early February 2024, Balmer Lawrie will celebrate its 158th Foundation Day with events being organized across various regions for employees and families.
Weekly Media Update_02_01_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_02_01_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
The document provides an overview of the various awards and accolades received by Balmer Lawrie SBUs and functions in the past year for their work and achievements. It recognizes the contributions of different divisions in implementing official language policies, delivering excellent customer service, health and safety practices, and developing innovative logistics solutions. The summary also highlights key business partnerships, expansion of operations, and employee engagement initiatives undertaken during the period.
Weekly Media Update - December 26, 2023 - Balmer LawrieBalmerLawrie
This document provides a weekly media update comprising news related to the Indian economy from various sources. Key highlights include:
1) Domestic rating agency Icra revised India's FY24 GDP growth forecast upwards to 6.5% from 6.2% previously.
2) The IMF projected India's economy to grow at 6.3% in the current fiscal year and the next, supported by macroeconomic and financial stability.
3) Leading credit rating firm Fitch Ratings expects India's resilient economic growth will boost corporate demand. Several sectors are expected to see strong demand.
4) Parliament approved additional spending of Rs. 58,378 crore in the current fiscal to support programs like M
BLOG ISSUE 43 _ July 2023 - Quarterly House JOurnal of Balmer LawrieBalmerLawrie
This document provides an editorial and overview of the Balmer Lawrie Start-up Fund initiative. It discusses how Balmer Lawrie launched a Start-up Fund in 2017 aligned with the Government of India's Startup India initiative to promote entrepreneurship and innovation. It highlights how Balmer Lawrie has supported various startups over four rounds of funding. The document also provides updates on significant events at Balmer Lawrie, including new partnerships and handling of logistics for sports teams.
This document provides updates from Balmer Lawrie, an Indian conglomerate. It summarizes the appointment of two new directors to the board, one for HR and one for manufacturing businesses. It also discusses the company's upcoming 149th Foundation Day celebration on February 1st 2015 across various locations. The document provides other updates such as business performance, new office space, annual sports meet, employee achievements, and safety precautions.
-
The greases and lubricants business of Balmer Lawrie began in 1937 with the production of grease and other products in a small shed in Kolkata. Over the decades, Balmer Lawrie grew to become the largest producer of greases in India by 1960. It produced greases for major oil companies like Shell and Caltex. However, with the nationalization of oil companies in the 1970s, Balmer Lawrie lost its major customers. It began direct marketing of its own grease brand 'Balmerol' in the 1970s. Balmer Lawrie also diversified into specialty greases and high performance lubricants by setting up an applications research laboratory and engaging closely with customers. The
The document provides information from an editorial in the November 2014 issue of BLOOM magazine. It summarizes the company's second quarter results for FY2014-15, noting a 6.13% increase in total income. It also discusses activities undertaken by the company to support the Swachh Bharat Abhiyan cleanliness campaign and observe Vigilance Awareness Week on the themes of combating corruption and promoting transparency. Finally, it provides brief updates on various company activities, transfers, and initiatives taken regarding the strategic planning process and supporting the cleanliness campaign.
- Mr. Prabal Basu and Mr. K Swaminathan assumed charge as the new C&MD and Director of Service Business respectively of Balmer Lawrie on August 1st, replacing the outgoing C&MD and Director of Service Business.
- The Logistics Infrastructure and Logistics Services SBUs were merged to form the new Logistics SBU, which will focus on five major areas and be headed by Mr. Manas Kumar Ganguly.
- Balmer Lawrie's financial results for the first quarter showed a 3% increase in total income and a 35% increase in profit before tax compared to the same period last year, with both manufacturing and services businesses performing well.
This summary provides the key details from the document in 3 sentences:
The document is a weekly media update from Balmer Lawrie that includes news about the company, other PSUs, and related business sectors. It mentions that Balmer Lawrie's CMD aims to double revenues by 2021 by leveraging traditional areas of expertise, and that 64 central PSUs showed capital erosion of Rs. 74,000 crore according to a CAG report. The update also covers various news stories about the Indian economy, including GDP growth forecasts and figures on the core sectors and services industry.
Balmer Lawrie acquired tour operator Vacations Exotica for Rs. 20 crore. Several news articles covered the acquisition and Balmer Lawrie's plans to increase sales to Rs. 300 crore with the acquisition. The Cabinet approved five port expansion projects worth over Rs. 17,630 crore. Coastal shipping players said the government's recent relief measures were insufficient. Indian Oil Corporation plans to acquire a 10% minority stake in a Canadian shale gas and LNG project for about $1 billion.
Balmer Lawrie acquired the holiday brand "Vacations Exotica" in February 2014 to expand its tours and travel business. Vacations Exotica brings 118 employees across 9 offices in India and associate offices abroad. It is ranked among the top 5 holiday companies in India with an average 25% growth since inception in 2007. The acquisition allows Balmer Lawrie to offer end-to-end tourism services.
BLOG ISSUE 45_January 2024 - Balmer Lawrie Organisational GazzettBalmerLawrie
The Buddhist monk gathered his young students and told them to steal purses from wealthy people in the nearby city to raise money for their temple. All the students were uncomfortable with this except one boy. The boy realized there was no place he could steal without seeing himself, so he told the other students not to go. The monk was pleased with this boy, as he had wanted to teach the students a lesson about integrity.
The document then discusses events at Balmer Lawrie related to observing Vigilance Awareness Week and Constitution Day. It also summarizes new partnerships, projects, and training programs launched by various divisions of the company during this period.
The document provides information on various topics happening in India and at Balmer Lawrie & Co. Ltd. in February 2024. It discusses the upcoming Indian general elections, International Women's Day theme of inclusion, National Safety Day celebrations, regional new year festivals, and Balmer Lawrie business updates including new appointments, awards received, and events/conferences hosted. The newsletter aims to keep employees informed of company and national news and events on a monthly basis.
The document discusses Balmer Lawrie's celebration of various events in February 2024 and announcements. It summarizes that Balmer Lawrie celebrated its 158th Foundation Day on February 1st across India. It also announced positive third quarter results for FY2023-24 with increased profits. The 53rd National Safety Week will be observed from March 4th-10th with programs centered on safety leadership.
Daily Media Update - 26.02.2024. This document comprises news clips from vari...BalmerLawrie
Daily Media Update - 26.02.2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
Weekly Media Update_19_02_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_19_02_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
Weekly Media Update_05_02_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_05_02_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
The document provides an overview of India's accomplishments in 2023 and upcoming events being celebrated in early 2024. Some key points:
- India successfully shouldered its G20 Presidency and launched various initiatives. Domestically, it achieved several milestones in space, rail, and sports.
- On January 26th, 2024, India will celebrate its 75th Republic Day.
- In early February 2024, Balmer Lawrie will celebrate its 158th Foundation Day with events being organized across various regions for employees and families.
Weekly Media Update_02_01_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_02_01_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
The document provides an overview of the various awards and accolades received by Balmer Lawrie SBUs and functions in the past year for their work and achievements. It recognizes the contributions of different divisions in implementing official language policies, delivering excellent customer service, health and safety practices, and developing innovative logistics solutions. The summary also highlights key business partnerships, expansion of operations, and employee engagement initiatives undertaken during the period.
Weekly Media Update - December 26, 2023 - Balmer LawrieBalmerLawrie
This document provides a weekly media update comprising news related to the Indian economy from various sources. Key highlights include:
1) Domestic rating agency Icra revised India's FY24 GDP growth forecast upwards to 6.5% from 6.2% previously.
2) The IMF projected India's economy to grow at 6.3% in the current fiscal year and the next, supported by macroeconomic and financial stability.
3) Leading credit rating firm Fitch Ratings expects India's resilient economic growth will boost corporate demand. Several sectors are expected to see strong demand.
4) Parliament approved additional spending of Rs. 58,378 crore in the current fiscal to support programs like M
BLOG ISSUE 43 _ July 2023 - Quarterly House JOurnal of Balmer LawrieBalmerLawrie
This document provides an editorial and overview of the Balmer Lawrie Start-up Fund initiative. It discusses how Balmer Lawrie launched a Start-up Fund in 2017 aligned with the Government of India's Startup India initiative to promote entrepreneurship and innovation. It highlights how Balmer Lawrie has supported various startups over four rounds of funding. The document also provides updates on significant events at Balmer Lawrie, including new partnerships and handling of logistics for sports teams.
Weekly Media Update_18_12_2023 - news clips from various media in which Balme...BalmerLawrie
- The document provides news clips from various media sources related to Balmer Lawrie and other public sector enterprises (PSEs) in India.
- It mentions that India's economic growth is projected to exceed 8% in fiscal year 2025 according to industry group FICCI. Several reports also raised India's growth projections for the current fiscal year to between 6.7-7%.
- The document is intended to be uploaded on Balmer Lawrie's intranet and website every Monday to share recent news.
Balmer Lawrie - Weekly Media Update - Monday, 11.12.2023BalmerLawrie
This document provides a weekly media update from various Indian news sources. It summarizes key news related to the Indian economy from the past week, including:
- Nomura projecting India will be one of the fastest growing Asian economies in 2024.
- S&P Global Ratings forecasting India will become the world's third largest economy by 2030.
- The Finance Ministry stating India will become a $5 trillion economy early in the 'Amrit Kaal' period to 2047.
- The RBI keeping interest rates unchanged but raising its FY24 growth forecast to 7%.
The update covers news from several economic indicators such as GDP growth, inflation rates, industrial production, and assessments from
India's GDP is projected to surpass the US to become the world's largest economy by 2052, reaching $45 trillion according to a CLSA report. By 2027, India will surpass Japan to become the third largest economy. However, CLSA expects a slowdown in India's growth until September 2024 followed by a recovery in 2025. S&P Global Ratings also projects India's GDP growth to rise to 7% by 2026, higher than China's projected 4.6% growth. The OECD forecasts India's growth slowing to 6.1% in FY2025 from an estimated 6.3% in FY2024.
The document discusses the defeat of the Indian cricket team in the ICC Cricket World Cup 2023 final against Australia. It notes that while this was disappointing for Indian fans, important life lessons can be learned from setbacks like embracing challenges positively, valuing teamwork, and improving through reflection and learning. It also provides updates about Balmer Lawrie's financial performance, observance of Vigilance Awareness Week, and personnel changes and new recruits.
This weekly media update from Balmer Lawrie provides summaries of recent news articles related to the Indian economy, GOI policies and PSEs, and Balmer Lawrie's business sectors. Key articles discuss S&P raising India's FY24 growth forecast to 6.4% due to robust domestic demand, estimates that Q2 GDP growth will be 6.7-7% driven by services and government spending, and forecasts that FY24 will see strong economic growth and macroeconomic stability according to the Finance Ministry.