Shri Ved Prakash & Shri R. K. Bahuguna Elected As
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SP's Airbuz 4 of 2010
SP’s RS: 100.00 (INDIA-BASED BUYER ONLY) An Exclusive Magazine on Civil A viation from India www.spsairbuz.net Issue: 4/2010 CORPORATE SPONSOR OF ATM-AIRPORTS-AIRLINES: INDIA INITIATIVE FOR INFRASTRUCTURE AIR TRAFFIC MANAGEMENT Deliberations INTERVIEW: S.R. RAGHAVENDRA RAO OF AAI AIR SPACE MANAGEMENT AN SP GUIDE PUBLICATION PLUS IGRUA: THE BEST FLYING TRAINING INSTITUTE INTERVIEW: TONY FERNANDES OF AIRASIA RNI NUMBER: DELENG/2008/24198 Innovative networked solutions are key to solving today’s – and tomorrow’s – challenges. As a trusted partner and integrator of complex technologies, ITT has the expertise to create sophisticated systems that work together seamlessly. From air traffic management and electronic warfare to tactical communications and night vision systems, ITT offers an array of capabilities to answer every need. All this adds up to one result – your mission’s success. For more information, visit ittdefenceindia.com. Air traffic management solutions for India. E L E C T R O N I C S Y S T E M S • G E O S P A T I A L S Y S T E M S • I N F O R M A T I O N S Y S T E M S ITT, the Engineered Blocks logo, and ENGINEERED FOR LIFE are registered trademarks of ITT Manufacturing Enterprises, Inc., and are used under license. ©2010, ITT Corporation. Table of Contents SP’s RS: 100.00 (INDIA-BASED BUYER ONLY) An Exclusive Magazine on Civil A viation from India www.spsairbuz.net Issue: 4/2010 Cover: CORPORATE SPONSOR OF ATM-AIRPORTS-AIRLINES: INDIA INITIATIVE FOR INFRASTRUCTURE With air travel having become less expensive, the problem of AIR air space management has TRAFFIC Lead Story MANAGEMENT acquired greater importance Deliberations INTERVIEW: S.R. -
Recent Trend in Indian Air Transport with Reference to Transport Economics and Logistic
© 2019 JETIR June 2019, Volume 6, Issue 6 www.jetir.org (ISSN-2349-5162) Recent Trend in Indian Air Transport with Reference to Transport Economics and Logistic Dr Vijay Kumar Mishra, Lecturer (Applied Economics), S.J.N.P.G College, Lucknow Air transport is the most modern means of transport which is unmatched by its speed, time- saving and long- distance operation. Air transport is the fastest mode of transport which has reduced distances and converted the world into one unit. But it is also the costliest mode of transport beyond the reach of many people. It is essential for a vast country like India where distances are large and the terrain and climatic conditions so diverse. Through it one can easily reach to remote and inaccessible areas like mountains, forests, deserts etc. It is very useful during the times of war and natural calamities like floods, earthquakes, famines, epidemics, hostility and collapse of law and order. The beginning of the air transport was made in 1911 with a 10 km air mail service between Allahabad and Naini. The real progress was achieved in 1920 when some aerodromes were constructed and the Tata Sons Ltd. started operating internal air services (1922). In 1927 Civil Aviation Department was set up on the recommendation of Air Transport Council. Flying clubs were opened in Delhi, Karachi, Calcutta (now Kolkata) and Bombay (now Mumbai) in 1928. In 1932 Tata Airways Limited introduced air services between Karachi and Lahore. In 1932, Air India began its journey under the aegis of Tata Airlines, a division of Tata Sons Ltd. -
Government of India Ministry of Micro, Small and Medium Enterprises
GOVERNMENT OF INDIA MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES LOK SABHA UNSTARRED QUESTION NO. 4232 TO BE ANSWERED ON 07.01.2019 PUBLIC PROCUREMENT POLICY 4232. SHRI ADHALRAO PATIL SHIVAJIRAO: SHRI SHRIRANG APPA BARNE: SHRI KUNWAR PUSHPENDRA SINGH CHANDEL: DR. SHRIKANT EKNATH SHINDE: SHRI ANANDRAO ADSUL: SHRI VINAYAK BHAURAO RAUT: Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state: (a) the details of the total annual procurement of goods and services by each Public Sector Enterprise (PSE) in the year 2014-15, 2015-16, 2016-17 and 2017-18; (b) the quantity of calculated value of goods and services procured under Public Procurement Policy Order, 2012 during the said period in each PSE; (c) the status of procurement under this policy from MSMEs owned by SC/ST and non-SC/STs during the said period by each PSE; (d) whether the public procurement policy is not being complied with by many Government departments/PSEs; and (e) if so, the details thereof and the reasons therefor along with corrective steps taken/being taken by the Government in this regard? ANSWER MINISTER OF STATE (INDEPENDENT CHARGE) FOR MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI GIRIRAJ SINGH) (a) to (e): The details of annual procurement of goods & services by the Central Public Sector Enterprise (CPSE) as per information provided by Department of Public Enterprises (DPE) are as under: Year No. of Total Procurement Procurement from MSEs CPSEs Procurement From MSEs owned by SC/ST (Rs. in Crore) (Rs. in Crore) Entrepreneur (Rs. in Crore) 2014-15 133 131766.86 15300.57 59.37 2015-16 132 279167.15 12566.15 50.11 2016-17 142 245785.31 25329.44 400.87 2017-18 169 280785.49 24226.51 442.52 Ministry of MSME has taken several measures for effective implementation of the Public Procurement Policy. -
In the High Court of Delhi at New Delhi + Fao (Comm)
$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + FAO (COMM) 75/2021 & CM APPL. 10873/2021 & 10874/2021 M/S MANGALWAR FILLING STATION ..... Appellant Through: Mr.Anil Airi, Sr. Adv. with Mr.Rishabh Sancheti, Ms.Padma Priya, Mr.Anchit Bhandari & Ms.Shreya Gupta, Advs. versus INDIAN OIL CORPORATION LIMITED & ORS. ..... Respondents Through: Ms.Mala Narayan & Mr.Shashwat Goel, Advs. R-1/IOCL. Reserved on : 25th May, 2021 % Date of Decision: 07th July, 2021 CORAM: HON'BLE MR. JUSTICE MANMOHAN HON'BLE MR. JUSTICE NAVIN CHAWLA J U D G M E N T MANMOHAN, J: 1. Present appeal has been filed under Section 37 of Arbitration and Conciliation Act, 1996 (hereinafter referred to as “the Act”) challenging the order dated 4th March, 2021 passed by the learned District Judge (Commercial Court – 02), Patiala House Court, New Delhi whereby the Appellant’s petition under Section 34 of the Act was dismissed. Appellant also challenges the arbitral award dated 21stJuly, 2018 whereby the Appellant’s claim was FAO (COMM) 75/2021 Page 1 of 16 dismissed and the Show Cause Notice dated 06th February, 2015 issued by the respondent-IOC was held to be valid. FACTS OF THE CASE 2. The Appellant, a proprietary concern of Sh. Rajendra Kumar, is engaged in the business of running a petrol and diesel pump on the National Highway no.76, Udaipur Road, Chittorgarh, Rajasthan as granted by the respondent– Indian Oil Corporation Ltd. Originally, the Appellant was the owner of the land from where the petrol and diesel pump was being run. The respondent appointed the Appellant as a dealer vide Letter of Appointment dated 4th January, 1991. -
List of Indian Aviation Disasters with Loss of 20 Or More Lives
WORST AVIATION ACCIDENTS INVOLVING INDIA AND INDIA-BASED AIRCRAFT All accidents resulting in 20 or more deaths Date Location Aircraft Deaths Remarks Cause 11-12-1996 Haryana state Saudia B 747, 349 Incl 312 on B 747 Mid-air collision. Kazakh crew Kazakh IL-76 and 37 on IL-76 blamed. Insufficient facilities at Delhi airport. 23-06-1985 Atlantic, off Air India B 747 329 Bomb explosion. Errors in Ireland baggage checking. 2 killed in related incident in Tokyo. 01-01-1978 Off Mumbai Air India B 747 213 Instrument failure and pilot error just after takeoff. 22-05-2010 Mangalore Air India Exp B 737 158 8 surv. Overshot due to pilot error. 19-10-1988 Ahmedabad IA B 737 133 2 surv. Undershot due to pilot error. 24-01-1966 Mont Blanc, Air India B 707 117 Navigation error while landing France at Geneva. Dr Homi Bhabha among dead. 07-02-1968 Himachal IAF AN-12 98 Hit mountain in snowstorm. Pradesh Wreckage found in 2003. 13-10-1976 Mumbai IA Caravelle 95 Engine fire just after takeoff. Maintenance blamed, also crew did not cope correctly. 07-07-1962 NE of Alitalia DC-8 94 Crashed on high ground, Mumbai pilot error while approaching Mumbai. 14-02-1990 Bangalore IA A320 92 54 surv. Failure of controls, pilots blamed for reacting wrongly. 14-06-1972 Near Delhi JAL DC-8 90 Incl 4 on ground, Approached too low, pilot 3 surv. error. 19-11-1978 Leh IAF AN-12 78 Incl 1 on ground Flaps failure on approach. -
Press Release MMTC Limited
Press Release MMTC Limited September 29, 2020 Ratings Amount Facilities Rating1 Rating Action (Rs. crore) Revised CARE B from CARE BBB+ (Under (Under Credit watch with Credit watch with Developing Implications) Long Term Bank Facilities 1,055.00 Developing Implications) (Single B) (Under Credit (Triple B Plus) (Under watch with Developing Credit watch with Implications) Developing Implications) Revised from CARE BBB+ / CARE CARE B / CARE A4 A3+ (Under Credit watch (Under Credit watch with with Developing Long Term / Short Term Bank Developing Implications) 5,323.00 Implications) Facilities (Single B / A Four) (Under (Triple B Plus / A Three Credit watch with Plus) (Under Credit watch Developing Implications) with Developing Implications) Revised CARE A4 (Under Credit watch from CARE A3+ (Under with Developing Credit watch with 1,900.00 Implications) Short Term Bank Facilities Developing Implications) (A Four) (Under Credit watch (A Three Plus) (Under with Developing Credit watch with Implications) Developing Implications) Revised from CARE A3+ (Under Credit watch with 600.00 CARE D Short Term Bank Facilities Developing Implications) (Single D) (A Three Plus) (Under Credit watch with Developing Implications) 8,878.00 (Rs. Eight Thousand Eight Total Facilities Hundred Seventy-Eight Crore Only) Details of instruments/facilities in Annexure-1 Detailed Rationale & Key Rating Drivers The revision in the ratings assigned to the bank facilities of MMTC Ltd is on account of its stretched liquidity position resulting in recent delay in repayment of short-term loans, increasing exposure towards its associate company Neelachal Ispat Nigam Limited (NINL) in the form of continuous fund based support through investments and loans & advances and also continued corporate guarantees towards NINL’s loans and bonds which is resulting in significantly high debt in the books of MMTC in FY20 & Q1FY21. -
The Halting Progress of Privatization in India. Nandini Gupta* Current
From Commanding Heights to Family Silver: The Halting Progress of Privatization in India. Nandini Gupta* Current status of the privatization program In February 2010, India’s United Progressive Alliance (UPA) government, led by the Congress party, resurrected its stalled privatization program with a secondary offering of shares in National Thermal Power Corporation Ltd (NTPC), one of India’s best performing government-owned firms, which owns 20% of India’s power generation capacity. The sale of the $1.8 billion block of shares reduced the government’s existing stake in the company by an additional 5%, leaving 85% still under government control. However, the poor performance of the offering has raised alarm bells for the government’s future privatization plans. NTPC was subscribed just 1.2 times for the secondary offering, mainly with the help of government-owned financial institutions (“NTPC issue scrapes through with support from SBI, LIC,” The Economic Times, February 6, 2010). Although two foreign investment banks, Citigroup and J.P. Morgan were advising the company, the secondary offering did not attract any foreign institutional investment. The poor performance of the offering has also raised questions regarding the growth prospects of this company, which is a “navratna”, one of the nine “jewels” in the government’s crown. In a recent speech, the top ranking bureaucrat in the power ministry, HS Brahma, pointed out the company’s low employee productivity (“Power secretary censures NTPC for low productivity,” Daily News and Analysis India, February 15, 2010). The lackluster performance may also be due to investor skepticism regarding the company’s ability to compete effectively with a rapidly growing private sector. -
A Government of India Undertaking) Core No.1, SCOPE Complex, 7, Lodi Road, New Delhi – 110 003 Website: Dated: 19Th June, 2019 Advt
MMTC Limited (A Government of India Undertaking) Core No.1, SCOPE Complex, 7, Lodi Road, New Delhi – 110 003 Website: www.mmtclimited.com Dated: 19th June, 2019 Advt. No. MMTC/P&O/2019/01 REQUIREMENT OF PROFESSIONALS WITH EXPERIENCE MMTC Ltd., a Miniratna CPSE, is one of the largest trading companies in the country and the first Public Sector Enterprise to have been accorded the status of ‘Premier Trading House’ by the Govt. of India. Over the years, MMTC has grown into a reputed global business leader with trade operations spread across diverse sectors like agro, power, fertilizers, coal and hydrocarbons, steel, precious metals, engineering goods, etc., besides minerals and metals. With a network of regional offices spread across the country, a wholly owned subsidiary in Singapore, and a number of joint ventures in areas such as bullion refining & minting, retailing, commodity hedging, steel production, mining, trade & infrastructure development, etc., the Company has established its presence both in India and abroad. MMTC believes in achieving organizational excellence through competent human resources and ‘people centric’ practices. To achieve this vision and augment its manpower resources, the Company is looking for qualified, result-oriented candidates with relevant experience in different disciplines for the following posts: S.No. Post Profile No. of Reserved / or vacancies UR 1. General Manager Estate 01 UR Law 01 UR 2. Deputy General Marketing 03 UR Manager Finance & Accounts 03 UR Law 02 UR 3. Chief Manager Marketing 03 UR Finance & Accounts 03 UR Law 02 UR Estate 02 UR 4. Senior Manager Marketing 03 UR Finance & Accounts 03 UR Law 02 UR – 01; OBC(NCL) – 01 5. -
Press Release MMTC Limited
Press Release MMTC Limited April 05, 2021 Ratings Amount Facilities/Instruments Ratings Rating Action (Rs. crore) Revised from CARE B (Single B) CARE D and removed from Credit Long Term Bank Facilities 1,055.00 (Single D) watch with Developing Implications Revised from CARE B / CARE Long Term / Short Term Bank CARE D A4 (Single B / A Four) and 5,323.00 Facilities (Single D) removed from Credit watch with Developing Implications CARE D Short Term Bank Facilities 600.00 Reaffirmed (Single D) Revised from CARE A4 (A Four) CARE D and removed from Credit Short Term Bank Facilities 1,900.00 (Single D) watch with Developing Implications 8,878.00 (Rs. Eight Thousand Eight Total Bank Facilities Hundred Seventy-Eight Crore Only) Details of instruments/facilities in Annexure-1 Detailed Rationale & Key Rating Drivers The revision in the ratings assigned to the bank facilities of MMTC Limited (MMTC) is on account of invocation of corporate guarantee given by MMTC to Neelachal Ispat Nigam Limited (NINL) for the bond payment and non-payment of the same by MMTC. As intimated by the debenture trustee, the repayment was due for the final instalment of bond payment on February 19, 2021, however, despite repeated reminders vide letters dated 22.02.21 and 26.02.21 the repayment was not made and corporate guarantee was invoked for immediate repayment. CARE also notes that MMTC has applied for one-time restructuring of its loans as per ‘Resolution Framework for COVID-19 related stress’ announced by RBI on August 6, 2020 and the lender banks have invoked resolution process, in principle and inter-creditor agreement has been signed by the banks. -
Tender Statistics for the Month of August
Tender Statistics for the Month of August - 2019 (Organisations Using their Own eProcurement Systems , Non NIC eProcurement Solutions) Tender Information of Current Month Cumulative Details(From Inception) Sl # Value # Cancelled # # Awards Awarded # Tenders Value # Awards Awarded Organization No. Tenders(Incl. (in Rs. cr) Corrigendums Value (in Rs. cr) Value Cancelled) (in Rs. cr) (in Rs. cr) 1 Ministry of Railways 35785 15965.56 0 0 0 0 1940430 611108.57 48438 13853.22 2 Central Public Works 2572 1296.85 61 268 2 0.04 252833 67581.68 1248 0.33 Department (CPWD) 3 Hindustan Petroleum 1306 0 0 170 355 165.04 57043 0 46541 33477.24 Corporation Limited 4 Bharat Petroleum 1157 0 0 181 49 139.35 59949 2183.7 6074 232600.37 Corporation Limited 5 Directorate of Purchase and 845 0 0 0 0 0 19855 0 0 0 Stores, DAE 6 NTPC Limited 813 2.22 0 1 0 0 106493 1976.97 72849 96715.72 7 Nuclear Power Corporation 506 2459.56 0 0 139 1179.94 60210 7216.99 34468 8545.35 of India Ltd 8 BHEL Bhopal 494 0 0 17 0 0 4128 0 0 0 9 Steel Authority of India Ltd 462 0 3 50 0 0 5088 0 0 0 10 Bharat Heavy Electricals 320 0 0 19 0 0 24258 130.27 0 0 Limited, Hyderabad 11 Neyveli Lignite Corporation 259 0 0 2 230 17.6 20901 0 16396 2175.17 Limited 12 Oil and Natural Gas 209 0 0 0 0 0 17317 0 0 0 Corporation Limited 13 GAIL India Limited 158 0 0 15 24 238.04 9122 0 2670 11809.89 14 Heavy Electrical Equipment 154 0 0 0 0 0 2099 0 0 0 Plant 15 Balmer Lawrie and Company 154 0 1 26 0 0 12631 0 413 69.64 Limited 16 High Pressure Boiler plant, 148 45.99 0 5 0 0 1516 2990.42 0 0 -
MMTC Business Responsibility Report FY 2012-2013
CONTENTS Corporate Mission/Corporate Objectives 1 Notice of 50th AGM 2 Directors’ Report 10 Management Discussion and Analysis 18 Report Report on Corporate Governance 23 MMTC Business Responsibility Report 31 Financial Year 2012-13 Comments of C&AG of India and 46 Management’s reply thereon Statutory Auditors’ Report and 49 Management’s reply thereon Financial Statements of MMTC Limited 64 Financial Statements of 101 MMTC Transnational Pte Ltd, Singapore Consolidated Financial Statements 120 Auditors 160 Proxy Form/Attendance Slip 161 1 Corporate Mission As the largest trading company of India and a major trading company of Asia, MMTC aims at improving its position further by achieving sustainable and viable growth rate through excellence in all its activities, generating optimum profits through total satisfaction of shareholders, customers, suppliers, employees and society. Corporate Objectives To be a leading International Trading House in India operating in the competitive global trading environment, with focus on bulk as core competency and to improve returns on capital employed. To retain the position of single largest trader in the country for product lines like Minerals, Metals and Precious Metals. To render high quality of service to all categories of customers with professionalism and efficiency. To provide support services to the medium and small scale sectors. To streamline system within the Company for settlement of commercial disputes. To promote development of trade-related infrastructure. 2 REGD. OFFICE: CORE #1, SCOPE COMPLEX, 7, INSTITUTIONAL AREA, LODHI ROAD, NEW DELHI-110003 50th ANNUAL GENERAL MEETING OF THE SHAREHOLDERS NOTICE Notice is hereby given that 50th Annual General Meeting of the Members of MMTC Limited will be held at SCOPE Complex, 7, Institutional Area, Lodhi Road, New Delhi-110003 on Monday, the 30th September, 2013 at 1130 hours to transact the following business: ORIDINARY BUSINESS 1. -
Corporate Plan
Pawan Hans Limited Corporate Plan 2015 Pawan Hans Tower, C-14, Sec -1, Noida, U.P. Corporate Planning & Management System Corporate Planning & Management System Preface India’s civil aviation market is among the fastest growing in the world, but helicopter use remains very limited. From the time, the first civil helicopter flown in India in November 1953 and up to year 1986 the commercial use of helicopters in India remains limited to small aviation activity involved in communication and crop spraying. The formation of the Pawan Hans Limited in 1986 provided the first boost to the civil helicopter industry in India, which now holds and operates the largest fleet in the country with a defined mandate “To become a market leader in Helicopters and Sea Plane services, to provide regional connectivity through small fixed Wing Aircrafts operations and provide repair/ overhaul services at par with international standards.” Today, there are approximately 277 civil registered helicopters in the country, out of which only about 92 helicopters are in commercial business. However, these numbers are woefully inadequate when compared with the world population of civil helicopters. As per the HAI statistics, out of a total world civil helicopter population of 35,000 India accounts for less than one per cent. In fact, India currently has fewer civil helicopters than even Switzerland. Brazil – a developing country like ours – the city of Sao Paulo (similar to Bombay and Delhi) itself has about 750 helicopters. Despite of these above statistics, the market and industry remains optimistic about the Indian Civil helicopter Industry. Accordingly, Pawan Hans has developed a Corporate Plan as strategic vision document–2020 to meet the challenges in all facets of organizational growth led to business expansion in terms of fleet size; improve productivity, increase prosperity, skill development and development of Heliports under Heli-Hubs concept.