- Balmer Lawrie's warehouse in Hyderabad handled 2 lakh doses of Covaxin, supporting India's COVID-19 vaccination drive.
- Several economic indicators, including business activity and exports, showed an uptick in January signaling continued economic recovery in India.
- Most large Indian companies reported strong quarterly earnings for Q3FY21, beating analyst estimates, driven by higher revenues from price increases, volume growth, and pent-up demand.
- India's crude oil imports in December rose to over 5 million barrels per day, the highest level in nearly three years, to meet increased fuel demand as refineries ramped up production.
Balmer Lawrie reported a 33% rise in Q1 net profit. It also appointed Manoj Lakhanpal as its new CFO. Several media articles covered Balmer Lawrie's positive Q1 results and new CFO appointment. BJP President Amit Shah said that India will achieve 10% growth by 2017 and urged the Congress to support the GST bill. India's exports declined for the 8th straight month, falling 10.3% in July due to lower petroleum product exports and global oil prices. Industrial output in June grew 3.8%, the highest in 4 months, led by manufacturing growth. Wholesale inflation in July touched a new low of -4.05% on lower vegetable, fuel,
- Balmer Lawrie has been featured in an article in Pumps Valves and Systems magazine discussing the company.
- The Indian economy is expected to grow by 10% or more in the current fiscal year and 8% or more in the next fiscal year according to Niti Aayog vice-chairman. Manufacturing activity in India grew at its fastest pace in eight months in October.
- Exports from India rose for the 11th consecutive month in October, up 43.3% compared to the previous year, while imports also rose significantly.
- Nomura expects India's GDP growth to rebound in Q3 but sees risks to growth in Q4 from supply constraints. Industrial production may contract in September and October due to chip and coal shortages.
- India's fiscal deficit in the first half of FY22 hit a 4-year low of Rs. 5.26 lakh crore, helped by strong tax revenues which were over 60% of budget estimates.
- The finance ministry has approved an 8.5% interest rate on employees' provident fund deposits for 2020-21, affecting over 6.4 crore subscribers.
The document provides news updates from various media sources related to the Indian economy. Key highlights include:
- The Economic Advisory Council to the PM estimates India's economic growth at 7-7.5% for FY23 and expects private investment to recover as capacity utilization improves.
- Business resumption in India reached a record high last week according to a private index, indicating strong festive season demand.
- The Finance Minister urged companies to increase investments and risk-taking to support India's growth ambitions.
- The government aims to complete the privatization of 5-6 PSUs including BPCL this fiscal year.
- Wholesale inflation rose to a 5-month high of 12
This document provides a summary of 3 news articles:
1) Moody's cuts India's GDP growth forecast to 6.2% for 2019 due to slowing business sentiment and credit availability.
2) Nomura report predicts India's GDP growth will slow to 5.7% in April-June quarter due to contraction in consumption, weak investments, and underperforming services sector.
3) An ET survey estimates India's GDP growth was between 5.2-6% in April-June quarter, slower than previous quarter and China's growth, due to weak industry, muted spending and investment, and high base effect.
This document provides a summary of 3 news articles:
1) Moody's cuts India's GDP growth forecast to 6.2% for 2019 due to slowing business sentiment and credit availability.
2) Nomura report estimates India's GDP growth will slow to 5.7% in April-June quarter due to contraction in consumption, weak investments, and underperforming services sector.
3) An ET survey estimates India's GDP growth was between 5.2-6% in April-June quarter, slower than previous quarter due to weak industrial growth, muted investment and spending before elections.
India's economic growth is expected to remain near trend levels in 2019 despite external and domestic challenges, according to Moody's. While India and Indonesia are projected to grow near their potential rates, other emerging markets like Argentina, Brazil and South Africa may see below trend growth. Growth in the G-20 emerging markets as a group is expected to be slower in 2019 than 2018. Several factors like higher oil prices, currency depreciation and rising interest rates are expected to limit India's economic growth to around 7.3% in 2019 and 2020, compared to an estimated 7.4% in 2018. Services sector growth in India accelerated to its fastest pace in three months in October driven by new business orders.
This document provides a weekly media update from various news sources covering topics related to Balmer Lawrie and other Public Sector Enterprises (PSEs) in India. Some of the key articles summarize Balmer Lawrie's quarterly financial results, inflation rates in India falling to multi-year lows, PSEs increasing spending on corporate social responsibility (CSR) activities, and the government working to list more profitable PSEs on stock exchanges in the next 2-3 years as it privatizes more state-owned businesses.
Balmer Lawrie reported a 33% rise in Q1 net profit. It also appointed Manoj Lakhanpal as its new CFO. Several media articles covered Balmer Lawrie's positive Q1 results and new CFO appointment. BJP President Amit Shah said that India will achieve 10% growth by 2017 and urged the Congress to support the GST bill. India's exports declined for the 8th straight month, falling 10.3% in July due to lower petroleum product exports and global oil prices. Industrial output in June grew 3.8%, the highest in 4 months, led by manufacturing growth. Wholesale inflation in July touched a new low of -4.05% on lower vegetable, fuel,
- Balmer Lawrie has been featured in an article in Pumps Valves and Systems magazine discussing the company.
- The Indian economy is expected to grow by 10% or more in the current fiscal year and 8% or more in the next fiscal year according to Niti Aayog vice-chairman. Manufacturing activity in India grew at its fastest pace in eight months in October.
- Exports from India rose for the 11th consecutive month in October, up 43.3% compared to the previous year, while imports also rose significantly.
- Nomura expects India's GDP growth to rebound in Q3 but sees risks to growth in Q4 from supply constraints. Industrial production may contract in September and October due to chip and coal shortages.
- India's fiscal deficit in the first half of FY22 hit a 4-year low of Rs. 5.26 lakh crore, helped by strong tax revenues which were over 60% of budget estimates.
- The finance ministry has approved an 8.5% interest rate on employees' provident fund deposits for 2020-21, affecting over 6.4 crore subscribers.
The document provides news updates from various media sources related to the Indian economy. Key highlights include:
- The Economic Advisory Council to the PM estimates India's economic growth at 7-7.5% for FY23 and expects private investment to recover as capacity utilization improves.
- Business resumption in India reached a record high last week according to a private index, indicating strong festive season demand.
- The Finance Minister urged companies to increase investments and risk-taking to support India's growth ambitions.
- The government aims to complete the privatization of 5-6 PSUs including BPCL this fiscal year.
- Wholesale inflation rose to a 5-month high of 12
This document provides a summary of 3 news articles:
1) Moody's cuts India's GDP growth forecast to 6.2% for 2019 due to slowing business sentiment and credit availability.
2) Nomura report predicts India's GDP growth will slow to 5.7% in April-June quarter due to contraction in consumption, weak investments, and underperforming services sector.
3) An ET survey estimates India's GDP growth was between 5.2-6% in April-June quarter, slower than previous quarter and China's growth, due to weak industry, muted spending and investment, and high base effect.
This document provides a summary of 3 news articles:
1) Moody's cuts India's GDP growth forecast to 6.2% for 2019 due to slowing business sentiment and credit availability.
2) Nomura report estimates India's GDP growth will slow to 5.7% in April-June quarter due to contraction in consumption, weak investments, and underperforming services sector.
3) An ET survey estimates India's GDP growth was between 5.2-6% in April-June quarter, slower than previous quarter due to weak industrial growth, muted investment and spending before elections.
India's economic growth is expected to remain near trend levels in 2019 despite external and domestic challenges, according to Moody's. While India and Indonesia are projected to grow near their potential rates, other emerging markets like Argentina, Brazil and South Africa may see below trend growth. Growth in the G-20 emerging markets as a group is expected to be slower in 2019 than 2018. Several factors like higher oil prices, currency depreciation and rising interest rates are expected to limit India's economic growth to around 7.3% in 2019 and 2020, compared to an estimated 7.4% in 2018. Services sector growth in India accelerated to its fastest pace in three months in October driven by new business orders.
This document provides a weekly media update from various news sources covering topics related to Balmer Lawrie and other Public Sector Enterprises (PSEs) in India. Some of the key articles summarize Balmer Lawrie's quarterly financial results, inflation rates in India falling to multi-year lows, PSEs increasing spending on corporate social responsibility (CSR) activities, and the government working to list more profitable PSEs on stock exchanges in the next 2-3 years as it privatizes more state-owned businesses.
This document provides a weekly media update from various Indian news sources mentioning Balmer Lawrie and related topics. It summarizes recent reports on the Indian economy's projected growth to $7 trillion by 2030 according to Deutsche Bank, meetings between PM Modi and business leaders to boost the economy, plans to invest Rs. 102 lakh crore in infrastructure projects over five years, growth in factory activity in December, a decline in core sector output, and potential delays in major divestments of Air India, BPCL, and Concor this fiscal year.
SBI Research has raised its forecast for India's FY22 GDP growth to 9.3-9.6% due to wider COVID vaccination coverage and slowing case growth. HDFC Bank economists project Q2 GDP growth at 7.8% due to the low base from last year's contraction. India's crude oil production fell 2.15% in October while natural gas output rose 24.7% driven by KG-D6 fields. State-run oil companies are preparing roadmaps to achieve net-zero emissions to support India's climate commitments.
This summary provides the key details from the document in 3 sentences:
The document discusses several news articles related to the Indian economy. It reports that Moody's expects India to grow 7.5% in the upcoming fiscal year, making it the fastest growing economy among G20 nations. It also mentions that the Indian government is taking steps to use surplus land from public sector enterprises for infrastructure projects and is lowering the threshold for e-procurement to Rs. 5 lakh to increase transparency.
This weekly media update from Balmer Lawrie provides summaries of news articles from various media sources related to Balmer Lawrie, public sector enterprises (PSEs), and industries relevant to Balmer Lawrie's business. The articles summarized include reports on declines in core sector output and manufacturing activity in India, fiscal deficit numbers, a survey ranking India third in Asia for environmental sustainability among companies, efforts by the Ministry of Finance to identify land from PSEs for asset monetization, and plans to issue more shares in CPSE and Bharat ETF funds to meet disinvestment targets.
The document provides news clips from various media sources mentioning Balmer Lawrie and related industries. It discusses India's strong Q4 results beating expectations, economic recovery since late May according to RBI governor, eight core sectors growing 16.8% in May due to low base effects, manufacturing contracting for the first time in 11 months due to lockdowns, current account ending FY21 in surplus for the first time in 17 years, and stronger recovery expected post-September as vaccinations increase and festivals begin.
The Economic Survey has stressed the need for continued capital expenditure spending by the government to boost growth and private sector investment. The Survey noted that government capex generates demand and creates conditions for private investment, while also highlighting that revenue collection has been strong allowing the government to meet its fiscal deficit targets. It said targeted spending on capex will be vital to sustaining economic growth as the economy recovers.
Market outlook April 2021 - ICICI Prudential Mutual Fundiciciprumf
The resurgence of the pandemic may delay the recovery and growth of the Indian Economy. And with limited room for rate cuts going forward, investors could benefit from active duration management and accrual strategies.
To know more, read our Market Outlook for April 2021.
This document discusses growth drivers for the Indian two-wheeler industry. It notes that the industry has grown strongly over the last two years at a rate of 25% and 27% annually, reaching 13.3 million units. Going forward, the industry is expected to grow at a CAGR of 10-12% over the next five years to reach 21-23 million units by 2015-16. Key growth drivers include rising per capita GDP increasing affordability, low two-wheeler penetration levels compared to other countries providing headroom for growth, favorable demographics, growing urbanization, and a swelling replacement market. New market entrants and product launches are also expected to support industry growth over the medium term.
The document discusses the impact of the COVID-19 pandemic on the Indian economy. It outlines five key economic indicators: GDP growth rate, inflation, unemployment, interest rates, and industrial output. GDP growth was estimated to be 0.4% for fiscal year 2021 compared to the previous year. Inflation has increased as production has fallen due to the pandemic. Unemployment rose to 8.6% in April 2021 from 6.7% previously. Interest rates were reduced by banks as the stock market and production levels declined. Industrial output also decreased with fewer employees able to work due to infections and lockdowns.
This document provides a weekly media update from Balmer Lawrie with news clips from September 3, 2018 related to the Indian economy and Balmer Lawrie's business sectors. Key points include:
- The RBI expects India's GDP growth to reach 7.4% in the current fiscal year due to increased industrial activity and a good monsoon.
- GDP growth accelerated to an over two-year high of 8.2% in the first quarter of 2018-2019, driven by expansion in manufacturing, agriculture, and consumer spending.
- India is projected to become the world's fifth largest economy in 2019 by overtaking Britain.
The UN projects India's economy to grow by 5.7% in the current fiscal year and 6.6% next year, higher than the World Bank's forecast. India's wholesale inflation reached a 7-month high of 2.59% in December due to higher food prices. Exports declined 1.8% in December to $27.36 billion due to currency volatility and falling commodity prices. The government is seeking Rs 19,000 crore in dividend from state-owned oil companies, about 5% more than last year.
- India's GDP for FY22 is estimated to grow 9.2% to Rs. 147.5 lakh crore, up from Rs. 135.6 lakh crore in FY21. Several major reforms were implemented to boost investment and GDP growth.
- RBI projected India's economic growth at 7.8% for FY23 and retained growth estimate for FY22 at 9.2%. Retail inflation projection for FY23 is 4.5%.
- India's industrial production growth slowed to a 10-month low of 0.4% in December 2021 due to restrictions related to the Omicron variant and high base effects from the previous year.
Impact of COVID-19 on Indian Economy: 9th September 2020Sam Ghosh
- The GDP of India contracted by 23.9% in Q1 FY 2020-21, the largest contraction on record, due to the COVID-19 lockdown.
- All sectors of the economy declined sharply except government spending, which increased. Credit growth turned negative for the first time.
- In response, the RBI and GOI implemented numerous monetary and fiscal policies including interest rate cuts, moratoriums on loans, increased liquidity injections, and credit guarantees to support the economy.
- Morgan Stanley cuts India's GDP growth forecast for FY23 to 7.9% from 8.4% previously, citing higher inflation and wider current account deficit due to higher global oil prices following Russia's invasion of Ukraine.
- India's post-pandemic economic recovery is progressing well but high global oil prices pose risks, says RBI board member Ashima Goyal. Surge in commodity prices may push India's current account deficit to a 13-quarter high of 2.8% of GDP in Q3 FY22.
- Several key PSE privatization transactions like BPCL, BEML, Shipping Corporation are in advanced stages and expressions of interest will be invited soon, says D
- Rupee depreciation does not always lead to higher export growth, according to the Engineering Export Promotion Council of India (EEPC). While the rupee depreciated more in July compared to June, export growth was lower in July at 9.37% versus 14.17% in June.
- Manufacturing sector growth slowed in August according to a private survey, with the Nikkei Manufacturing PMI falling from 52.3 in July to a 3-month low of 51.7 in August, indicating a loss of momentum.
- Services activity in India also expanded at a slower pace in August compared to July, with the Nikkei/IHS Markit Services PMI declining
- Business activity in India hit a record high in the week ending August 8 according to Nomura's Business Resumption Index, nearing pre-pandemic levels as mobility increased.
- The finance ministry said the economic impact of the second COVID wave is likely to be muted with signs of economic rejuvenation and sustained vaccination could reduce severity of future waves.
- India's industrial production grew 13.6% in June from a year ago due to low base effects as lockdowns last year halted activity, while retail inflation eased to 5.59% in July.
This weekly media update from Balmer Lawrie provides summaries of recent news articles related to the Indian economy, key industries, and Balmer Lawrie. The articles discuss India's GDP growth remaining unchanged at 7.1% for FY17 despite a sharp rise in investment, expectations that growth will exceed 8% in the coming quarters but double digit growth remains difficult, and the government likely meeting its fiscal deficit target for FY18 while increasing the FY19 divestment target. Core sector growth slowed in December and PSU dividend payout is expected to be lower in FY19. India also scored slightly higher than the global average on budget transparency.
Japan plans to double its investments in India over the next 5 years to over $35 billion. Japan and India signed a 5-point agenda to further trade, investment ties, and Asian economic integration. This includes developing Japanese industrial townships, infrastructure development, IT cooperation, and strategic sector cooperation. India-Japan bilateral trade was around $15 billion in 2014-15, with India's exports at $5 billion and imports at $9.3 billion. Japan is currently the 4th largest investor in India, and doubling investments would make it the 2nd or 3rd largest investor, after Mauritius and Singapore.
The RBI has said that India's second COVID-19 wave has had a greater impact on demand than supply. Wholesale inflation rose to an 11-year high of 10.5% in April due to increasing fuel and manufacturing prices. The government aims to complete ongoing CPSE privatizations like Air India, BPCL and Shipping Corporation this fiscal year. Bidders for BPCL will be given access to sensitive information in a 'Clean Data Room' after signing an additional confidentiality agreement.
Impact of COVID 19 on different sectors of the Indian economy Tanmay Trivedi
COVID 19 has impacted almost every aspect of our lives. In this presentation, I try to take a look at some of the sectors that have been deeply impacted by the pandemic.
The Nomura India Business Resumption Index rose to a record high of 117.8 for the week ended December 19, indicating continued recovery in business activity from the pandemic levels. However, risks remain from high inflation and the emergence of the Omicron variant. The world economy is projected to surpass $100 trillion in 2022, two years earlier than previously estimated. Several experts have suggested measures like a gradual fiscal consolidation path and higher capital expenditures in the upcoming Indian budget to support growth while reining in inflation.
The document provides summaries of several news articles related to the Indian economy, exports, imports, oil demand and production. Key points include:
- The government plans to incentivize exports through interest subsidies and expanding export promotion schemes, while curbing non-essential imports to support the rupee and check the current account deficit.
- The rupee is expected to stabilize around 68-70 levels once the government fully implements measures to curb imports and boost exports.
- A survey shows business confidence in India reaching an all-time high, with strong growth forecasts and rising private investment.
- The government has identified assets of 9 state-owned companies slated for strategic sale that will be hived off and sold
This document provides a weekly media update from various Indian news sources mentioning Balmer Lawrie and related topics. It summarizes recent reports on the Indian economy's projected growth to $7 trillion by 2030 according to Deutsche Bank, meetings between PM Modi and business leaders to boost the economy, plans to invest Rs. 102 lakh crore in infrastructure projects over five years, growth in factory activity in December, a decline in core sector output, and potential delays in major divestments of Air India, BPCL, and Concor this fiscal year.
SBI Research has raised its forecast for India's FY22 GDP growth to 9.3-9.6% due to wider COVID vaccination coverage and slowing case growth. HDFC Bank economists project Q2 GDP growth at 7.8% due to the low base from last year's contraction. India's crude oil production fell 2.15% in October while natural gas output rose 24.7% driven by KG-D6 fields. State-run oil companies are preparing roadmaps to achieve net-zero emissions to support India's climate commitments.
This summary provides the key details from the document in 3 sentences:
The document discusses several news articles related to the Indian economy. It reports that Moody's expects India to grow 7.5% in the upcoming fiscal year, making it the fastest growing economy among G20 nations. It also mentions that the Indian government is taking steps to use surplus land from public sector enterprises for infrastructure projects and is lowering the threshold for e-procurement to Rs. 5 lakh to increase transparency.
This weekly media update from Balmer Lawrie provides summaries of news articles from various media sources related to Balmer Lawrie, public sector enterprises (PSEs), and industries relevant to Balmer Lawrie's business. The articles summarized include reports on declines in core sector output and manufacturing activity in India, fiscal deficit numbers, a survey ranking India third in Asia for environmental sustainability among companies, efforts by the Ministry of Finance to identify land from PSEs for asset monetization, and plans to issue more shares in CPSE and Bharat ETF funds to meet disinvestment targets.
The document provides news clips from various media sources mentioning Balmer Lawrie and related industries. It discusses India's strong Q4 results beating expectations, economic recovery since late May according to RBI governor, eight core sectors growing 16.8% in May due to low base effects, manufacturing contracting for the first time in 11 months due to lockdowns, current account ending FY21 in surplus for the first time in 17 years, and stronger recovery expected post-September as vaccinations increase and festivals begin.
The Economic Survey has stressed the need for continued capital expenditure spending by the government to boost growth and private sector investment. The Survey noted that government capex generates demand and creates conditions for private investment, while also highlighting that revenue collection has been strong allowing the government to meet its fiscal deficit targets. It said targeted spending on capex will be vital to sustaining economic growth as the economy recovers.
Market outlook April 2021 - ICICI Prudential Mutual Fundiciciprumf
The resurgence of the pandemic may delay the recovery and growth of the Indian Economy. And with limited room for rate cuts going forward, investors could benefit from active duration management and accrual strategies.
To know more, read our Market Outlook for April 2021.
This document discusses growth drivers for the Indian two-wheeler industry. It notes that the industry has grown strongly over the last two years at a rate of 25% and 27% annually, reaching 13.3 million units. Going forward, the industry is expected to grow at a CAGR of 10-12% over the next five years to reach 21-23 million units by 2015-16. Key growth drivers include rising per capita GDP increasing affordability, low two-wheeler penetration levels compared to other countries providing headroom for growth, favorable demographics, growing urbanization, and a swelling replacement market. New market entrants and product launches are also expected to support industry growth over the medium term.
The document discusses the impact of the COVID-19 pandemic on the Indian economy. It outlines five key economic indicators: GDP growth rate, inflation, unemployment, interest rates, and industrial output. GDP growth was estimated to be 0.4% for fiscal year 2021 compared to the previous year. Inflation has increased as production has fallen due to the pandemic. Unemployment rose to 8.6% in April 2021 from 6.7% previously. Interest rates were reduced by banks as the stock market and production levels declined. Industrial output also decreased with fewer employees able to work due to infections and lockdowns.
This document provides a weekly media update from Balmer Lawrie with news clips from September 3, 2018 related to the Indian economy and Balmer Lawrie's business sectors. Key points include:
- The RBI expects India's GDP growth to reach 7.4% in the current fiscal year due to increased industrial activity and a good monsoon.
- GDP growth accelerated to an over two-year high of 8.2% in the first quarter of 2018-2019, driven by expansion in manufacturing, agriculture, and consumer spending.
- India is projected to become the world's fifth largest economy in 2019 by overtaking Britain.
The UN projects India's economy to grow by 5.7% in the current fiscal year and 6.6% next year, higher than the World Bank's forecast. India's wholesale inflation reached a 7-month high of 2.59% in December due to higher food prices. Exports declined 1.8% in December to $27.36 billion due to currency volatility and falling commodity prices. The government is seeking Rs 19,000 crore in dividend from state-owned oil companies, about 5% more than last year.
- India's GDP for FY22 is estimated to grow 9.2% to Rs. 147.5 lakh crore, up from Rs. 135.6 lakh crore in FY21. Several major reforms were implemented to boost investment and GDP growth.
- RBI projected India's economic growth at 7.8% for FY23 and retained growth estimate for FY22 at 9.2%. Retail inflation projection for FY23 is 4.5%.
- India's industrial production growth slowed to a 10-month low of 0.4% in December 2021 due to restrictions related to the Omicron variant and high base effects from the previous year.
Impact of COVID-19 on Indian Economy: 9th September 2020Sam Ghosh
- The GDP of India contracted by 23.9% in Q1 FY 2020-21, the largest contraction on record, due to the COVID-19 lockdown.
- All sectors of the economy declined sharply except government spending, which increased. Credit growth turned negative for the first time.
- In response, the RBI and GOI implemented numerous monetary and fiscal policies including interest rate cuts, moratoriums on loans, increased liquidity injections, and credit guarantees to support the economy.
- Morgan Stanley cuts India's GDP growth forecast for FY23 to 7.9% from 8.4% previously, citing higher inflation and wider current account deficit due to higher global oil prices following Russia's invasion of Ukraine.
- India's post-pandemic economic recovery is progressing well but high global oil prices pose risks, says RBI board member Ashima Goyal. Surge in commodity prices may push India's current account deficit to a 13-quarter high of 2.8% of GDP in Q3 FY22.
- Several key PSE privatization transactions like BPCL, BEML, Shipping Corporation are in advanced stages and expressions of interest will be invited soon, says D
- Rupee depreciation does not always lead to higher export growth, according to the Engineering Export Promotion Council of India (EEPC). While the rupee depreciated more in July compared to June, export growth was lower in July at 9.37% versus 14.17% in June.
- Manufacturing sector growth slowed in August according to a private survey, with the Nikkei Manufacturing PMI falling from 52.3 in July to a 3-month low of 51.7 in August, indicating a loss of momentum.
- Services activity in India also expanded at a slower pace in August compared to July, with the Nikkei/IHS Markit Services PMI declining
- Business activity in India hit a record high in the week ending August 8 according to Nomura's Business Resumption Index, nearing pre-pandemic levels as mobility increased.
- The finance ministry said the economic impact of the second COVID wave is likely to be muted with signs of economic rejuvenation and sustained vaccination could reduce severity of future waves.
- India's industrial production grew 13.6% in June from a year ago due to low base effects as lockdowns last year halted activity, while retail inflation eased to 5.59% in July.
This weekly media update from Balmer Lawrie provides summaries of recent news articles related to the Indian economy, key industries, and Balmer Lawrie. The articles discuss India's GDP growth remaining unchanged at 7.1% for FY17 despite a sharp rise in investment, expectations that growth will exceed 8% in the coming quarters but double digit growth remains difficult, and the government likely meeting its fiscal deficit target for FY18 while increasing the FY19 divestment target. Core sector growth slowed in December and PSU dividend payout is expected to be lower in FY19. India also scored slightly higher than the global average on budget transparency.
Japan plans to double its investments in India over the next 5 years to over $35 billion. Japan and India signed a 5-point agenda to further trade, investment ties, and Asian economic integration. This includes developing Japanese industrial townships, infrastructure development, IT cooperation, and strategic sector cooperation. India-Japan bilateral trade was around $15 billion in 2014-15, with India's exports at $5 billion and imports at $9.3 billion. Japan is currently the 4th largest investor in India, and doubling investments would make it the 2nd or 3rd largest investor, after Mauritius and Singapore.
The RBI has said that India's second COVID-19 wave has had a greater impact on demand than supply. Wholesale inflation rose to an 11-year high of 10.5% in April due to increasing fuel and manufacturing prices. The government aims to complete ongoing CPSE privatizations like Air India, BPCL and Shipping Corporation this fiscal year. Bidders for BPCL will be given access to sensitive information in a 'Clean Data Room' after signing an additional confidentiality agreement.
Impact of COVID 19 on different sectors of the Indian economy Tanmay Trivedi
COVID 19 has impacted almost every aspect of our lives. In this presentation, I try to take a look at some of the sectors that have been deeply impacted by the pandemic.
The Nomura India Business Resumption Index rose to a record high of 117.8 for the week ended December 19, indicating continued recovery in business activity from the pandemic levels. However, risks remain from high inflation and the emergence of the Omicron variant. The world economy is projected to surpass $100 trillion in 2022, two years earlier than previously estimated. Several experts have suggested measures like a gradual fiscal consolidation path and higher capital expenditures in the upcoming Indian budget to support growth while reining in inflation.
The document provides summaries of several news articles related to the Indian economy, exports, imports, oil demand and production. Key points include:
- The government plans to incentivize exports through interest subsidies and expanding export promotion schemes, while curbing non-essential imports to support the rupee and check the current account deficit.
- The rupee is expected to stabilize around 68-70 levels once the government fully implements measures to curb imports and boost exports.
- A survey shows business confidence in India reaching an all-time high, with strong growth forecasts and rising private investment.
- The government has identified assets of 9 state-owned companies slated for strategic sale that will be hived off and sold
Government staff can now book flights on private airlines through authorized agencies like Balmer Lawrie. The government clarified its order regarding air travel, noting staff can book domestic or international flights on private airlines. Meanwhile, Balmer Lawrie chairman Adika Ratna Sekhar explained the changes, saying government officials could previously only book Air India flights or private airlines when Air India did not service a route.
The World Bank has kept India's growth forecast for FY24 unchanged at 6.3%, noting that India's growth is resilient despite global headwinds. The RBI also kept its GDP growth forecast for FY24 unchanged at 6.5%, citing strong domestic demand. Corporate earnings for Indian companies are expected to grow at a fast pace for the September quarter, led by sectors like oil marketing companies, automobiles, banks, and cement. Business confidence rose to a three-quarter high in the July-September period due to resilient domestic demand.
India's GDP growth slowed to 5.4% in Q3 2022, pushing the full-year estimate down to 8.9%. Economists called for monetary and fiscal support due to downside risks from rising commodity prices due to the Russia-Ukraine conflict. Sales of listed manufacturing companies grew 27.3% in Q3 2022 led by sectors like petroleum and metals. India's manufacturing activity expanded in February due to stronger new orders and production. However, services activity increased slightly as restrictions were lifted though firms continued to cut jobs. Exports rose 22% in February while imports increased 35%, widening the trade deficit.
The RBI has estimated that the second wave of COVID-19 may result in a loss of Rs. 2 lakh crore in economic output during the current fiscal year. This is the first such estimate conducted by the RBI or the government. The CEA says the government is open to more measures to boost the economy, which has been impacted by the second wave, but any stimulus needs to consider the measures already in the budget. Retail inflation rose to 6.3% in May, above RBI's target range, while WPI inflation was at a record high of 12.94% in May. Exports rose 69% in May while the trade deficit narrowed to an 8-month low.
- Balmer Lawrie, an Indian company established in 1865, was recognized by the Bengal Chamber of Commerce and Industry for its 156-year history and successful navigation of changes in the business environment.
- The IMF lowered its GDP growth forecast for India in the current fiscal year to 9% from 9.5% due to the impact of the third COVID wave, but raised forecasts for 2022-23 to 9% and 2023-24 to 7.1%.
- The Economic Survey for 2021-22 will be tabled in Parliament on January 31st, with the Union Budget to follow on February 1st. The GDP forecast in the Economic Survey will be closely watched.
The document provides a weekly media update with news articles from June 27th, 2022 related to the Indian economy and business. Key points from the articles include:
- India's GDP is expected to grow 7.2% in 2022 according to Nomura forecasts, but a US recession could impact growth.
- India's current account deficit narrowed to 1.5% of GDP in the March quarter as trade deficit moderated.
- India has seen a rise in crude oil imports from Russia, with Russian oil now accounting for 10% of imports. The government has encouraged buying discounted Russian oil.
The document provides a weekly summary of media reports related to Balmer Lawrie and other Public Sector Enterprises (PSEs) in India. It includes articles discussing the IMF lowering India's growth forecast for 2019 to 4.8%, the IMF chief saying the growth slowdown in India appears temporary, India Ratings forecasting 5.5% GDP growth for 2020-21, plans to raise the target for asset sales in the upcoming budget, and Niti Aayog developing a national data platform.
- RBI governor Shaktikanta Das said that India's GDP growth for the second quarter of FY24 is likely to surpass expectations based on early indicators, and may be higher than the projected 6.5% growth.
- Growth in India's core sectors slowed to 8.1% in September, the lowest in four months, led by a 16.1% expansion in coal production.
- India's manufacturing activity fell to an eight-month low in October due to the slowest rise in new orders in a year, while services activity declined to a seven-month low due to softer increases in output and orders.
- RBI governor Shaktikanta Das said that India's GDP growth for the second quarter of FY24 is likely to surpass expectations based on early indicators, and may be higher than the projected 6.5% growth.
- Growth in India's core sectors slowed to 8.1% in September, lower than the previous month but remained robust, led by a 16.1% expansion in coal production.
- India's manufacturing activity fell to a 8-month low in October due to the slowest rise in new orders in a year, though the sector continued to expand. Services activity also fell to a 7-month low in October.
- India remained the world's fastest growing major economy in 2018 despite volatility, with GDP growth of 8.2% in the first quarter and 7.1% in the second quarter. However, growth is projected to slow to 7.2% for the full fiscal year.
- The growth of India's core infrastructure sectors slowed to a 16-month low of 3.5% in November 2018 due to weaker output in cement, electricity, and coal.
- The government raised a record Rs. 77,417 crore from the sale of stakes in public sector undertakings in 2018 and plans to privatize Air India in 2019 to meet its disinvestment target. However, it may fall short of its Rs
- Moody's cut India's growth forecast for 2022 to 9.1% from 9.5%, citing high fuel and fertilizer costs that could limit government capital spending.
- RBI said India is making steady progress recovering from the third COVID wave and its macroeconomic fundamentals remain strong, despite risks from global developments.
- India's February exports rose 25.1% to $34.57 billion while imports increased 36% to $55.45 billion, widening the trade deficit.
The document provides summaries of various news articles related to the Indian economy:
1) The finance ministry report says the Indian economy is poised to recover to pre-pandemic levels by the end of 2021 based on current trends, barring a second wave of COVID-19.
2) A survey found business sentiment increased 41% in the July-September quarter compared to the previous quarter, though it was still lower than the previous year's levels.
3) The economic affairs secretary expressed confidence that India's growth story remains intact and the economy should return to normal growth soon, citing rising foreign investment and other economic indicators.
This document provides a weekly media update from Balmer Lawrie, an Indian public sector company. It includes several news articles from April 20-24, 2023 covering topics like:
- Balmer Lawrie signing an MOU with Central Warehousing Corporation for cold chain logistics
- Projections for 6% GDP growth in India in FY2024
- Domestic crude oil production falling while consumption of petroleum products rising in FY2023
- Natural gas consumption falling in March 2023
- State-run oil companies spending a total of Rs. 114,000 crore in FY2023
- Crude steel output in India growing 4% in FY2023
The document provides news updates related to the Indian economy, public sector enterprises (PSEs), and Balmer Lawrie & Co. Ltd. Key points include:
- IMF chief says Indian economy could be top 3 globally in terms of growth.
- India's total debt is lower than other major emerging economies like China.
- Three loss-making PSEs in West Bengal (NJMC, BJEL, BLL) are being closed down as revival efforts failed.
- The government plans to invite bids from merchant bankers and lawyers to handle upcoming mergers and acquisitions of CPSEs.
This document provides a weekly media update from Balmer Lawrie, mentioning news related to the company, GOI, PSEs, and industries relevant to Balmer Lawrie's business. It includes news clips from March 14-18, 2017 discussing topics like the Indian economy strengthening after demonetization, exports growing, progress on implementing GST, and plans to increase domestic oil production. The update is intended to be uploaded on Balmer Lawrie's intranet and website every Monday.
This document provides a weekly media update from Balmer Lawrie, summarizing news related to the company, GOI, PSEs, and industries relevant to Balmer Lawrie's business. It includes news about the Indian economy's projected growth rate, industrial output, inflation rates, trade deficits, energy markets, and the government's disinvestment activities. The update comprises news clips from various business dailies between February 9-16, 2019.
- Balmer Lawrie is mentioned in various news articles related to the cold chain sector and the interview of its C&MD is featured in an industry magazine.
- The Indian economy is expected to grow at 6.5-7% despite global economic challenges, and there is no need to aggressively accelerate growth at this time.
- Several Indian companies have risen in the Fortune Global 500 rankings, with ONGC jumping 32 places to 158th, reflecting growth in its revenues.
- Moody's raised India's 2023 growth forecast to 5.5% from 4.8%, citing higher capital expenditure in the budget and resilient economic momentum. Moody's expects 6.5% growth for India in 2024.
- The CEA expressed hope that India's GDP growth for FY23 will exceed the projected 7% given high frequency indicators are recovering faster than expected.
- India's Q3 GDP growth slowed to 4.4% as manufacturing activity was sluggish, though the government remains hopeful of meeting the 7% target for FY23.
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.
Boost your brand with top-notch digital marketing services in New York! Our expert team specializes in SEO, social media marketing, PPC advertising, and email campaigns to drive engagement and increase your online presence. Partner with us to reach your target audience, track performance, and achieve measurable results. Transform your digital strategy and stay ahead in the competitive NYC market. Contact us today!
Meta Revolutionizes Product Promotion with Automated Video Catalog Ads.pptxprovidenceadworks416
As a digital marketer, I am thrilled to see Meta revolutionizing product promotion with its new automated video catalog ads. This innovative feature allows anyone to seamlessly integrate dynamic video content into my catalog product ads, enhancing the visual appeal and engagement of campaigns. By leveraging Meta's advanced AI and machine learning capabilities, one can automatically deliver tailored video ads to the most interested users, boosting traffic and conversions. This new approach not only simplifies the ad creation process but also significantly improves performance and ROI.
This document was submitted as part of interview process for Content Strategist position at Viapulsa, an Indonesian tech company which offers service to convert/transfer mobile credits into bank account.
Advanced Storytelling Concepts for MarketersEd Shimp
Every marketer knows you’re supposed to tell a story, but do you know how to tell a story? Do you know why you’re supposed to tell a story? Do you even truly know what a story is? While many marketing presentations emphasize the value of mythic storytelling, the nuts and bolts of actually constructing a story are never explored.
The goal of marketing may be to achieve specific KPIs that drive sales, which is very objective, but the top of the marketing funnel requires a softer approach. In our data-driven results-oriented fast-paced world, marketers must quantify results, but those results will never be achieved unless prospects are first approached with humanity.
There is a common misunderstanding that the so-called “soft skills” of marketing such as language and art are unmeasurable and subjective, but while the objective measures of market research are merely 100 years old, the rules of aesthetics have been perfected over the last 2,500 years.
Great story construction is a skill that requires significant knowledge and practice. This presentation will be a review of the ancient art of story construction.
We will discuss:
• Rhetoric – The art of effective communication
• The Socratic Method – You cannot teach, but you can persuade people to learn
• Plato’s Cave – You sell products, but you market ideas
• Aristotle’s Six Dramatic Elements – The secret recipe for marketing stories
This is for senior marketers who are tasked with creating effective narratives or guiding others in the process. By the end of the session, attendees will have gained the knowledge needed to work storytelling into all phases of the buyer’s journey.
Digital Marketing Company in India - DIGI BrooksDIGI Brooks
This infographic provides guidance on marketing analytics, helping businesses grow using tools like Google Analytics and AI, measuring ROI, and analysing future trends to track business development.
https://digibrooks.com/digital-marketing-services/
This document was submitted as part of interview process for Marketing Specialist position at DTA Promotion, an Indonesian company which offers 360 degree marketing services, including ATL and BTL advertising platform.
Why bridging the gap between PR and SEO is the only way forward for PR Profes...Isa Lavs
The lines between PR and SEO are blurring. SEOs are increasingly winning PR briefs by leveraging data and content to secure high-value placements. In this presentation, I explore the merging of PR and SEO, highlighting why SEO specialists are increasingly taking ‘PR’ business. I uncover the hidden SEO potential using PR tactics and discuss how to identify missed opportunities. I'll also offer insights into strategies for converting PR initiatives into successful link-building campaigns.
From Subreddits To Search: Maximizing Your Brand's Impact On RedditSearch Engine Journal
The search landscape is undergoing a seismic shift, and Reddit is at the epicenter. Google's Helpful Content Update and its $60 million deal with Reddit, coupled with OpenAI's partnership, have catapulted Reddit's real-time content to unprecedented heights.
Check out this insightful webinar exploring the newfound importance of Reddit in the digital marketing landscape. Learn how these changes make Reddit an essential platform for getting your brand and content in front of evolving search audiences.
You’ll hear:
- The evolution of Reddit as a major influencer on SERPS over the years.
- The impact of recent changes and partnerships on Reddit’s place in search.
- A comprehensive look at Reddit, how it works, and how to approach it.
- Unique engagement opportunities presented by Reddit.
With Brent Csutoras, a Reddit expert with over 18 years of experience on the platform, we’ll delve into the intricacies of Reddit's communities, known as Subreddits, and how to leverage their power without compromising authenticity or violating community guidelines in the age of AI-driven search experiences.
Don't miss this opportunity to stay ahead of the curve and leverage Reddit for your brand's success.
Advertising and Promotion of whisper by Sakthi Sundarsakthisundar2001
This presentation is an invaluable resource for marketing professionals, students, and anyone interested in understanding the dynamics of effective advertising and promotion in the feminine hygiene sector. Explore how Whisper maintains its brand leadership and continues to innovate in a competitive market.
Compitive analysis on Noise pvt Ltd.pptxSauravDey45
ChatGPT
Competitive Analysis: Noise Smartwatch
Overview
Noise is an Indian electronics brand that primarily manufactures smartwatches, wireless earphones, and other electronic accessories. Noise smartwatches have gained significant popularity due to their affordable pricing, feature-rich offerings, and stylish designs. The competitive landscape for Noise smartwatches includes both local and international brands that cater to various market segments. This analysis will focus on key competitors, market positioning, product features, pricing strategies, and consumer preferences.
Key Competitors
Amazfit (Huami):
Strengths: Known for excellent battery life, robust fitness tracking, and premium build quality.
Weaknesses: Slightly higher price points compared to Noise.
Products: Amazfit Bip U, Amazfit GTS series.
Realme:
Strengths: Strong brand presence, integration with Realme smartphones, and aggressive pricing.
Weaknesses: Limited variety in smartwatch models.
Products: Realme Watch, Realme Watch S.
Boat:
Strengths: Competitive pricing, appealing designs, and extensive marketing.
Weaknesses: Relatively new to the smartwatch market, which may affect consumer trust.
Products: Boat Storm, Boat Flash.
Samsung:
Strengths: High brand credibility, advanced features, and premium design.
Weaknesses: Higher price points make it less accessible to budget-conscious consumers.
Products: Galaxy Watch Active 2, Galaxy Watch 3.
Xiaomi:
Strengths: Strong ecosystem integration, affordable pricing, and extensive features.
Weaknesses: Less focus on premium design compared to some competitors.
Products: Mi Band series, Mi Watch.
Market Positioning
Noise positions itself as an affordable yet feature-rich alternative in the smartwatch market. Its target demographic includes budget-conscious consumers and fitness enthusiasts who seek value for money without compromising on essential features like fitness tracking, notifications, and battery life. Noise leverages its strong online presence and partnerships with e-commerce platforms to reach its audience effectively.
Product Features Comparison
Noise Smartwatches:
Key Features: Heart rate monitoring, SpO2 tracking, multiple sports modes, customizable watch faces, notifications, and music control.
Battery Life: Typically lasts 7-10 days on a single charge.
Build Quality: Focus on lightweight and comfortable designs with water-resistant capabilities.
Amazfit Smartwatches:
Key Features: Advanced fitness tracking, GPS, AMOLED displays, and long battery life (up to 20 days).
Battery Life: 10-20 days depending on the model.
Build Quality: Premium materials and durable designs.
Realme Smartwatches:
Key Features: Basic fitness tracking, SpO2 monitoring, and notifications.
Battery Life: Up to 9 days.
Build Quality: Sleek designs but slightly limited in variety.
Boat Smartwatches:
Key Features: Heart rate monitoring, multiple sports modes, and customizable watch faces.
Top 10 Digital Marketing Institute in lucknow.pptxzaireendigitech
Welcome to our ppt on the top 10 digital marketing institutes in Lucknow! If you're looking to enhance your skills in the dynamic field of digital marketing, Lucknow offers several excellent training options. Our curated list highlights the best digital marketing institutes in Lucknow, providing comprehensive courses that cover SEO, social media marketing, PPC, content marketing, and more. These institutes are renowned for their experienced faculty, practical training, and industry-relevant curriculum. Whether you're a beginner or a professional seeking to upgrade your skills, these institutes can help you achieve your career goals in digital marketing.
Evaluating the Effectiveness of Women-Focused MarketingHighViz PR
Women centric marketing is a vital part in reaching one of the most influential groups of consumers. Here is a guide to know and measure the impact of women-centric marketing efforts-
We’ve entered a new era in digital. Search and AI are colliding, in more ways than one. And they all have major implications for marketers.
• SEOs now use AI to optimize content.
• Google now uses AI to generate answers.
• Users are skipping search completely. They can now use AI to get answers. So AI has changed everything …or maybe not. Our audience hasn’t changed. Their information needs haven’t changed. Their perception of quality hasn’t changed. In reality, the most important things haven’t changed at all. In this session, you’ll learn the impact of AI. And you’ll learn ways that AI can make us better at the classic challenges: getting discovered, connecting through content and staying top of mind with the people who matter most. We’ll use timely tools to rebuild timeless foundations. We’ll do better basics, but with the most advanced techniques. Andy will share a set of frameworks, prompts and techniques for better digital basics, using the latest tools of today. And in the end, Andy will consider - in a brief glimpse - what might be the biggest change of all, and how to expand your footprint in the new digital landscape.
Key Takeaways:
How to use AI to optimize your content
How to find topics that algorithms love
How to get AI to mention your content and your brand
A brief analysis of SHEIN's digital transformation.
SHEIN’s business model:
1. D2C cross-border ecommerce: SHEIN integrate the manufactures from Guanzhou to make clothes and deliver direct to customers.
2. Digital marketing: Data driven online marketing for user acquisition.
3. Digital transforming vendor chain: the most core of the revolution to shorten the innovation and lead time.
4. Outstanding user experience: International delivery in high efficiency
Leverage four parts of the user satisfaction process and integrate related resource and information flow, which making SHEIN an international leading D2C ecommerce company.
• Keeping utilizing data in all process is another core capability. From the page click, sales metrics, fabric sourcing to manufacturing time, all data is integrated for decision making, leading an upward customer preference and much efficient business decision making process.
1. 670
(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. This will be uploaded on
intranet and website every Monday.)
Balmer Lawrie in News
• Balmer Lawrie’s Hyderabad warehouse handles 2 lakh doses of Covaxin, supporting Bharat Biotech in the
COVID-19 vaccination drive – Cargo Breaking News
• Balmer Lawrie's TCW supports Bharat Biotech in vaccination drive (psuconnect.in)
• https://psuwatch.com/here-how-balmer-lawrie-is-supporting-world-largest-covid-19-vaccination-drive
RBI sees V-shaped recovery, likely room
for policy easing
Forecasting a Vshaped recovery, the Reserve Bank
of India (RBI) has said that if growth momentum
continues and inflation stays benign, there would
room for policy action to support growth. The
observation was made in the central bank’s ‘State
of the Economy’ report released on Thursday. It
comes at a time when the central bank has started
“normalising” the liquidity in the money markets
by draining out the surplus it had pumped in to
stave off an economic crisis in the wake of the
Business activity continues uptrend in
January after robust rebound in
December: Nomura
The uptrend in economic and business activities
in the country is continuing in the new year after
a broad-based rebound in December, latest
reports from Japanese brokerage Nomura and
rating agency Icra show. Nomura India
Business Resumption Index (NIBRI) inched up
to 93.4 for the week ended January 17 from
93.2 the previous week. “Positive pandemic-
related developments – both, on cases and
WEEKLY MEDIA UPDATE
Issue 486
25 January, 2021
Monday
The Financial Express
– 24.01.2021
2. Covid pandemic. “Recent shifts in the
macroeconomic landscape have brightened the
outlook, with GDP in striking distance of attaining
positive territory and inflation easing closer to the
target. If these movements sustain, policy space
could open up to further support the recovery,”
the RBI said in the report. Stating that the worst
of the Covid crisis is now behind, the RBI —
quoting William Shakespeare — wrote, “Recent
high-frequency indicators suggest that the
recovery is getting stronger in its traction and
soon the winter of our discontent will be made
glorious summer.”
The Times of India - 22.01.2021
https://epaper.timesgroup.com/Olive/ODN/Times
OfIndia/shared/ShowArticle.aspx?doc=TOIKM%2
F2021%2F01%2F22&entity=Ar01705&sk=8F326
F79&mode=text
vaccination – are helping clear the decks for a
faster pace of economic normalisation,” Nomura
economists Sonal Varma and Aurodeep Nandi
said in a note on Monday. Despite the pandemic
resurgence globally, trade data for January 1-
14 suggested a sharp 10.9% year-on-year
pickup in exports against 0.1% in December,
they said. Core imports jumped 13.1% on year
in the first two weeks of the new year against
8.1% last month, they said. A report by Icra
said economic activity rebounded in December
with 12 of the 15 high frequency indicators the
rating agency tracks –including electricity
generation, output of passenger vehicles and
motorcycles, vehicle registrations, and fuel
consumption – showing improvement.
The Economic Times - 19.01.2021
https://epaper.timesgroup.com/Olive/ODN/Th
eEconomicTimes/shared/ShowArticle.aspx?doc
=ETKM%2F2021%2F01%2F19&entity=Ar0090
4&sk=564C1B44&mode=text
India Inc brings home good Q3FY21
report card, most companies beat Street
estimates
Festive fervour, a sharp rise in commodity prices,
a base effect and stupendous performances from
IT majors have combined to make for a good
Q3FY21 report card. Earnings season thus far has
been full of surprises with most companies beating
Street estimates. Unlike in Q1 and Q2, this time
around almost all companies have grown their
revenues smartly, some by pushing through
bigger volumes but many by taking price increases
to pass on the higher cost of inputs. Thanks to
rising steel prices globally and a pick-up in local
demand, JSW Steel reported a 21% y-o-y increase
in revenues. At Ultratech, volumes were up 14%
y-o-y on the back of demand from rural and urban
housing and government-led infrastructure. Bajaj
Auto cashed in on an 8% y-o-y improvement in
net average selling prices. Again, volumes at Asian
Paints jumped an astonishing 33% y-o-y pushing
up revenues by nearly 27%y-o-y on the back of
both pent-up and festive demand. Again, several
larger organised sector companies were able to
take away business from smaller players whose
supply chains were disrupted. Even though they
came off a low base, revenues at Havell’s rose a
remarkable 39% y-o-y as the company gained
market share from smaller players.
The Financial Express - 25.01.2021
https://www.financialexpress.com/economy/india
-inc-brings-home-good-q3fy21-report-card-most-
companies-beat-street-estimates/2177792/
Booming mkts help govt get more bang
for buck in selloffs
The stock market has been an important ally of
the government’s asset sales programme. Since
raising a shade over Rs 3,000 crore in 1991-92,
it has come a long way when the target for
2020-21from stake sales is pegged at Rs
2.1lakh crore. The disinvestment programme
has used an array of tools from listing, minority
sales to offer-for-sales to raise much-needed
cash for the government and unlock value in
public sector enterprises. In the period between
1991-92 and 2000-01, the government was
able to raise only a little over Rs 20,000 crore
against a target of Rs 54,000 crore, according
to stock exchange data. Several factors were
cited for such a low realisation, including
unfavourable market conditions, the
government’s unwillingness to cede much
control, and opposition from trade unions. This
period was marked largely by minority stake
sales, which were propped up by financial
institutions at home. The period between 2001-
02 and 2003-04 can be termed as the golden
period for disinvestment when the then NDA
government pushed a number of big-ticket
transactions, including strategic sales.
The Times of India - 22.01.2021
https://epaper.timesgroup.com/Olive/ODN/Ti
mesOfIndia/shared/ShowArticle.aspx?doc=TOI
KM%2F2021%2F01%2F22&entity=Ar01707&s
k=3CA4E174&mode=text
Govt amends CSR rules; allows cos to
undertake multi-year projects
Low production due to COVID-19
raising fuel prices: Dharmendra
Pradhan
3. The government on Friday amended various rules
pertaining to the CSR regime, including allowing
corporates to undertake multi-year projects and
making registration compulsory for agencies
implementing CSR activities on behalf of
companies. Besides, companies have been
permitted to set off the excess amount spent
under CSR up to three succeeding financial years
and they have also been allowed to create or
acquire capital assets through CSR in the name of
beneficiaries or a public authority or registered
trust, among others. Non-compliance with CSR
provisions has been decriminalised by shifting
such offences to penalty regime, while companies
having CSR obligation below Rs 50 lakhs have
been exempted from constituting a CSR
Committee, according to the corporate affairs
ministry. Under the Companies Act, 2013 -- being
implemented by the corporate affairs ministry --
certain class of profitable companies are required
to shell out at least two per cent of their three-
year annual net profit towards CSR (corporate
social responsibility) activities in a financial year.
Business Standard - 23.01.2021
https://www.business-
standard.com/article/companies/govt-amends-
csr-rules-allows-cos-to-undertake-multi-year-
projects-121012201198_1.html
Union Minister for Petroleum and Natural Gas
Dharmendra Pradhan on Monday said fuel
prices had gone up because of lower production
in oil-producing nations due to the coronavirus
pandemic. This lower production had caused an
imbalance in demand and supply, the minister
said. "Oil producing countries stopped
production or reduced it during the coronavirus
epidemic. A pressure on fuel prices was seen
due to this imbalance in demand and supply. A
few months ago, crude oil prices were USD 35-
38, which has gone up to USD 54-55," he told
reporters here. "Our basic challenge is we have
to import 80 per cent of crude oil of our
requirement. Consumption has been increasing.
India is third as far as energy consumption is
concerned," he said. He said the focus of the
government was on electric vehicles (EVs),
solar energy, production of ethanol etc to
become self-reliant in the energy sector.
The Economic Times - 18.01.2021
https://economictimes.indiatimes.com/industr
y/energy/oil-gas/low-production-due-to-covid-
19-raising-fuel-prices-dharmendra-
pradhan/articleshow/80333966.cms
India's oil imports at near three-year
high in December
India's crude oil imports in December soared to
the highest levels in nearly three years to more
than 5 million barrels per day (bpd) as its refiners
cranked up output to meet a rebound in fuel
demand, data from trade sources showed. India's
year-end rush for crude supplies coincided with
stronger demand from north Asian buyers during
winter, boosting prices and an accelerating de-
stocking of floating storage globally. December oil
imports by India, the world's third biggest crude
importer and consumer, were about 29% more
than the previous month and about 11.6% higher
than a year earlier, the data showed, after fuel
consumption rose for a fourth straight month to
an 11-month high in December. "India's refinery
utilisation rates are also nearing full capacity and
probably refiners are replenishing inventory
anticipating higher prices during winter," said
Ehsan Ul Haq, analyst with Refinitiv. "This is the
harbinger of a recovery in fuel demand and
improving refining margins."
The Economic Times - 20.01.2021
https://energy.economictimes.indiatimes.com/ne
ws/oil-and-gas/indias-oil-imports-at-near-three-
year-high-in-december-trade/80358181
India's Dec crude oil throughput picks
up as fuel demand accelerates
India's crude oil processing last month
registered its first year-on-year gain since
February 2020, driven by a surge in demand for
fuels as economic activity continued to pick up
from a coronavirus-induced slump. Crude oil
throughput in December rose 0.9 per cent year
on year to 21.02 million tonnes (4.97 million
barrels per day), provisional government data
showed on Thursday. At the heart of the pick-
up in crude oil processing, fuel consumption
rose 4.1 per cent to 18.6 million tonnes in
December, its highest since January 2020. With
gasoline and diesel demand in India increasing
year on year, refiners have to boost runs to
meet growing demand, said Refinitiv analyst
Ehsan Ul Haq, adding that COVID-19
vaccinations should encourage people to travel
more and support high refinery runs. Asia's
third-largest economy began its vaccination
programme last week, aiming to inoculate 300
million people considered at highest risk over
the next six to eight months.
The Economic Times - 22.01.2021
https://energy.economictimes.indiatimes.com/
news/oil-and-gas/indias-dec-crude-oil-
throughput-picks-up-as-fuel-demand-
accelerates/80397505
4. OPEC 'cautiously optimistic' oil market
will recover in 2021
OPEC's secretary general said on Tuesday he was
cautiously optimistic the oil market would recover
this year from the slump in demand brought on by
the coronavirus pandemic. Monthly meetings of
the Organization of the Petroleum Exporting
Countries (OPEC) and allies led by Russia - a group
known as OPEC+ - are there to stop an imbalance
from re-emerging, OPEC's Mohammad Barkindo
told a virtual forum. "We all agree that the
recovery is fragile, there are still more
uncertainties, but we are cautiously optimistic that
the recovery will materialise this year," Barkindo
said at the Atlantic Council Global Energy Forum.
Oil prices have rallied to an 11-month high this
month, helped by a Jan. 5 decision by most
members of OPEC+ to hold production steady in
February and a pledge by Saudi Arabia to
voluntarily cut output. India's oil minister,
Dharmendra Pradhan, said at the same event that
the unexpected move to cut output by some OPEC
nations had led to a price rally and was creating
confusion for consuming countries. "This kind of
scenario will push us to more alternative methods
of energy sourcing," Pradhan said.
The Economic Times - 20.01.2021
https://energy.economictimes.indiatimes.com/ne
ws/oil-and-gas/opec-cautiously-optimistic-oil-
market-will-recover-in-2021/80357238
Resurgence in COVID-19 cases slows
oil demand rebound – IEA
Oil demand recovery will take a hit from a spike
in new coronavirus cases before vaccine roll-
outs and stimulus measures help in the second
half of the year, International Energy Agency
(IEA) said on Tuesday. "Border closures, social
distancing measures and shutdowns...will
continue to constrain fuel demand until vaccines
are more widely distributed, most likely only by
the second half of the year," it said in its
monthly report. "This recovery mainly reflects
the impact of fiscal and monetary support
packages as well as the effectiveness of steps
to resolve the pandemic," the IEA said. Noting
that an improvement to global oil demand went
into reverse in December, the Paris-based
watchdog lowered its forecast for the first
quarter by 580,000 barrels per day (bpd) and
its outlook for 2021 by 300,000 bpd. Supply and
demand are on track for recovery this year, and
efforts by major producers to balance the
market by reining in output are helping draw
down oil stocks worldwide.
The Economic Times - 19.01.2021
https://energy.economictimes.indiatimes.com/
news/oil-and-gas/resurgence-in-covid-19-
cases-slows-oil-demand-rebound-
iea/80344906
India's gas output to rise 25% helped by
production RIL-BP, and ONGC gas fields
India's gas output will rise 25% this year to 95-
100 million metric standard cubic metres a day
(mmscmd), led by production from fields jointly
owned by Reliance Industries (RIL) and BP plc,
and from that of state-run Oil and Natural Gas
Corporation Ltd (ONGC). The RIL-BP joint venture
started production from the new R cluster in the
Krishna-Godavari basin fields in December, which
will be ramped up this year. The R Cluster is
expected to reach peak production of 13 million
metric standard cubic metres (mmscmd) a day in
2021 and plateau thereafter. Two other fields,
Satellite Cluster and MJ Field, are expected to
begin producing in 2021-22. RIL and partner BP
plc have together invested $6 billion in the project.
“RIL’s announced start of gas production will
support 48% rise in domestic gas supplies after
years of flattish output. The new production should
contribute ~3% of earnings and cash flows by
2023," said Morgan Stanley in a note to clients last
month. ONGC, on the other hand, started test
production of 2,40,000 cubic meter per day in
February from the KG basin. It plans to drill more
wells and start commercial production this year.
Mint - 19.01.2021
Cabinet move to end GAIL monopoly
The Union cabinet may soon consider the oil
ministry’s proposal to set up an independent
gas pipeline operator which would end the
monopoly of state-owned GAIL in the pipeline
business. The petroleum ministry, which has
held inter-ministerial consultations on setting
up a transport service operator (TSO), would
send a formal proposal to the cabinet soon and
the issue would be taken before the end of this
fiscal. Officials said the operator would be put in
place to manage the common carrier part of the
gas pipeline infrastructure. The TSO will be
entrusted with the task of booking pipeline
capacity for transport of gas from producers to
the consumers on payment of a fee to be
decided by the regulator. After the bifurcation
of the operations of GAIL into gas transportation
and marketing, the former may be put under an
independent TSO. Adani Total Gas and Torrent
Gas have become the first strategic investors in
IGX (Indian Gas Exchange) by acquiring a 5 per
cent stake each for Rs 3.69 crore.
The Telegraph - 25.01.2021
https://www.telegraphindia.com/business/cabi
net-move-to-end-gail-monopoly/cid/1804543
5. https://www.livemint.com/industry/energy/indias
-gas-output-to-rise-25-helped-by-production-ril-
bp-and-ongc-gas-fields-11611051650903.html
Adani Total, Torrent Gas pick stake in
IGX
Adani Total Gas and Torrent Gas have become the
first strategic investors in IGX (Indian Gas
Exchange) by acquiring five per cent stake each,
according to the Indian Energy Exchange (IEX).
The IGX is an arm of IEX and first authorised gas
exchange in the country. The IGX partnership with
the two leading gas players will go a long way in
developing India’s gas markets, an IEX statement
said. The IEX had on Friday announced the first
strategic divestment of shares in the IGX. Adani
Total Gas Ltd and Torrent Gas Pvt Ltd, India’s two
leading energy players with stakes in both
upstream and downstream hydrocarbon value
chain, have acquired 5 per cent equity stake each
in the IGX. Speaking on the development, Rajesh
K Mediratta, director, IGX said in the statement,
“IGX envisions to play a key role in the
development of India’s gas market which is
aligned with the government’s vision to increase
the share of gas in the energy mix from 6 per cent
to 15 per cent by 2030.”
Mint - 23.01.2021
https://www.livemint.com/companies/news/adan
i-total-gas-torrent-gas-acquire-5-in-each-in-igx-
11611327527426.html
India unlikely to use US facilities to
store oil reserves
India proposes to re-evaluate its plan to store
its strategic oil reserves in facilities available in
the US as the country looks to bolster domestic
storage that is considered a safer and better
option to deal with excess price volatility and
supply disruptions. Petroleum Secretary Tarun
Kapoor told IANS in an interview that though
offers from the US for storing India's strategic
oil reserves is available, it will have to be seen
whether it serves the national interest. "The US
offer is for using their salt caverns to store
India's strategic oil reserves. This form of
storage allows extraction of oil only once in five
years. So, it creates limitations in using this
overseas strategic oil in times of exigencies. The
US offer is there but we have not taken a call
on it," he said. India has built strategic oil
reserve capacity of 5.33 million tonnes (MT) at
three locations in southern India --
Visakhapatnam, Mangaluru, and Padur. But the
reserve is still very small as even at full capacity
it would meet the country's import substitution
of just nine days, which is considered too low.
The Economic Times - 20.01.2021
https://energy.economictimes.indiatimes.com/
news/oil-and-gas/india-unlikely-to-use-us-
facilities-to-store-oil-reserves/80361676
Foreign oil cos keen on BPCL stake sale
India expects some international oil majors to
participate in the Bharat Petroleum divestment
process during the price bid stage, oil minister
Dharmendra Pradhan has said. Home-grown
Vedanta and two international funds have shown
initial interest in buying the government’s entire
majority stake in BPCL. The government will call
price bids after evaluating the three players’
suitability on technical grounds. “When the price
bid will come up, I'm hopeful some of the major
players will come through this investment
mechanism, these funds,” Pradhan told a TV
channel, referring to the funds that have shown
interest. He didn’t elaborate on this. BPCL, which
controls 35 million tonnes a year of refining
capacity and about a fifth of the fuel retail market,
has been seen as a prized asset for anyone
seeking a quick and strong presence in the Indian
oil market. But the arrival of the deadly
coronavirus that hit global demand, squeezed oil
companies' cashflows, and shook investors' faith
20% stake: Total puts $2 billion into
Adani Green
Adani Green Energy (AGEL) said on Monday
that French energy giant Total SA will acquire
20% minority interest in the company from
Adani Group. The deal, valued at around $2
billion, will also provide Total a seat on the
board of directors of AGEL. The transaction
follows Total investing $510 million in April 2020
for the acquisition of 50% stake in AGEL’s 2,353
megawatt (MW) operational solar projects in
the country. The acquisition is part of Total’s
target of building a portfolio of 35,000 MW of
renewable energy capacity globally by 2025.
Currently, AGEL’s operational renewable energy
portfolio stands at 3,000 MW, with an equal
capacity under construction. “We are delighted
to deepen our strategic alliance with Total, a
global energy major, and welcome them as a
significant shareholder in AGEL,” Gautam Adani,
chairman of the Adani Group said. “We have a
shared vision of developing renewable power at
6. in the oil business also reduced the pool of possible
buyers for BPCL.
The Economic Times - 22.01.2021
https://epaper.timesgroup.com/Olive/ODN/TheEc
onomicTimes/shared/ShowArticle.aspx?doc=ETK
M%2F2021%2F01%2F22&entity=Ar00606&sk=D
9E2AC4F&mode=text
affordable prices to enable a sustainable energy
transformation in India,” Adani added.
The Financial Express - 19.01.2021
https://www.financialexpress.com/industry/20
-stake-total-puts-2-billion-into-adani-
green/2173627/
Reliance completes spin-off of oil-to-
chemical biz into new unit
Billionaire Mukesh Ambani's Reliance Industries
Ltd has completed spin-off of the firm's oil-to-
chemical business into a new unit that will help it
pursue growth opportunities with strategic
partnerships, the company has said. The oil-to-
chemical (O2C) business unit holds Reliance's oil
refinery and petrochemical assets and retail fuel
business but not upstream oil and gas producing
fields such as KG-D6 and textiles business.
Reliance for the first time reported integrated
earnings of the O2C business in its third quarter
financial results. Previously, refining and
petrochemical businesses were reported
separately while fuel retailing revenue was part of
the firm's overall retail business. In the October-
December 2020 earnings statement, refining and
petrochemical as well as fuel retailing businesses
earnings were reported as one. As a result, it did
not give refining margins - the most sought after
number to assess the firm's oil refining business.
"Reorganising refining and petrochemicals as oil-
to-chemicals (O2C) reflects new strategy as well
as management matrix," the company said in a
post earning investor presentation.
Millennium Post - 25.01.2021
http://www.millenniumpost.in/nation/reliance-
completes-spin-off-of-oil-to-chemical-biz-into-
new-unit-430105
BPCL expects to expand customer base
10-fold under new customer loyalty
programme
Bharat Petroleum Corporation Ltd (BPCL)
expects to expand its customer base 10-fold to
one million under a new customer loyalty
campaign, said a senior company official. The
new campaign ‘Get 100X Bonus Petromiles’
under its programme ‘SmartDrive’ will offer
customers benefits like extra bonus reward
points on each transaction of fuel purchase
through a scratch card in the SmartDrive App,
it said in a statement. The campaign is open till
March 31, it added. Currently, the state-owned
company has a customer base of one lakh with
over Rs 20 crore worth of monthly transactions
under its current ‘Smart Drive’ programme, it
added. “We are excited to take a step further in
strengthening the digitisation process while
ensuring consumer safety and trust with our
brand. “We are committed to delivering
innovative solutions to our customers while
adding value to our business,” BPCL Executive
Director (Retail) P S Ravi said while launching
the campaign on its 45th Foundation Day on
Sunday.
The Financial Express - 25.01.2021
https://www.financialexpress.com/industry/bp
cl-expects-to-expand-customer-base-10-fold-
under-new-customer-loyalty-
programme/2177756/
Shri Sanjeev Kumar, appointed as CMD,
TCIL
Shri Sanjeev Kumar, Director (Technical), MTNL,
has been appointed as Chairman-cum-Managing
Director, Telecommunications Consultants India
Limited. TCIL is a government of India owned
engineering and consultancy company under the
administrative control of the Department of
Telecommunications (DOT), Ministry of
Communications, Government of India. The
Government of India has also appointed Shri R M
Bhadang, GM, GSECL as Director (Finance),
Konkan Railway Corporation Limited. The
Appointments Committee of Cabinet has approved
his appointment.
PSU Connect - 19.01.2021
https://www.psuconnect.in/news/Shri-Sanjeev-
Kumar-appointed-as-CMD-TCIL/26365
Govt appoints Siddhartha Mohanty as
managing director of LIC from Feb 1
The government on Tuesday appointed
Siddhartha Mohanty, currently serving as the
managing director (MD) and chief executive
officer (CEO) of LIC Housing Finance, as the MD
of India’s largest insurer Life Insurance
Corporation (LIC) from February 1 onwards. He
will serve as the MD of LIC till his
superannuation on June 30, 2023. Mohanty will
be replacing TC Suseel Kumar, who is set to
retire on January 31, 2021. “The Appointments
Committee of the Cabinet (ACC) has approved
the proposal of the department of financial
services for appointment of Shri Siddhartha
Mohanty, CEO, LIC Housing Finance as MD, LIC,
in the pay scale of Rs 205,400 – Rs 224,400
with effect from the date of his assumption of
7. charge of the post on or after 01.02.2021 and
upto the date of his superannuation or until
further orders, whichever is earlier”, the
government notification said.
Business Standard - 19.01.2021
https://www.business-
standard.com/article/companies/govt-
appoints-siddhartha-mohanty-as-managing-
director-of-lic-from-feb-1-
121011901533_1.html
M N Biswas takes charge of SAIL Raw Materials Division
M N Biswas joined SAIL Raw Materials Division (RMD) as the Executive Director In-charge recently.
Prior to that, he was the Executive Director, Mines & Rowghat, at Bhilai. A Mechanical Engineer, Biswas
joined SAIL as Management Trainee (Technical) in 1984. Biswas worked in different mines of SAIL at
Bolani, Barsua, Kiriburu, Gua and Bhilai group of mines at various capacities and has seen the SAIL-
Mines ecosystem closely. He made his mark by introducing several changes in the mining process like,
new concept of Slime Beneficiation, Lean ore screening, and others. He handled the challenging
Rowghat projects of SAIL. He attended several training programmes in the country and abroad. .
Millennium Post - 23.01.2021
http://www.millenniumpost.in/business/m-n-biswas-takes-charge-of-sail-raw-materials-division-
429933