The Board and the Management will continue to closely monitor the situation as it evolves and do its best to take all necessary measures in the interests of all stakeholders of the Company. As soon as you become familiar with us and our networking partners, you will see how easy and beneficial cooperation can be. Changing a pump or motor may sound like a simple task, but with us it automatically comes with a full inspection of the equipment condition, an alignment report, start-up checks and proposals for improvements. Knowing how to use specialized tools and equipment is important for any technology supplier. But, having knowledgeable, experienced people who can deliver excellent service is critical. And, having these people close at hand – when and where you need them – is also important.
With the increased demand of jute products due to increased acceptability of environmentally friendly and sustainable products, it is expected that jute industry will be able to sustain its upward trajectory in long run. Synchronoss Technologies Inc share price live 0.884, this page displays NASDAQ SNCR stock exchange data. View the SNCR premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Synchronoss Technologies Inc real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the SNCR quote.
Heidelberg Cement India Ltd.
At present, the company has 4 people of registered category, more than 20 senior engineers and hundreds of other professionals who have various kinds of technical and economic titles . Statements in this Report, particularly those which relate to Management Discussion & Analysis, describing the Companys objectives, projections, estimates, expectations or predictions may be ‘forward looking statements within the meaning of applicable laws or regulations. From routine equipment and process audits to quick response during unscheduled downtime, you can depend on ANDRITZ to support you. We work side-by-side with your team to review processes and procedures, and offer training or recommendations when requested, to help your mill run more smoothly.
Via Artificial Intelligence/Machine Learning powered analytics initiative is currently under implementation at key warehouses to help improve overall visibility of inventory across supply-chain and for overall optimisation of logistics cost. There are no audit qualifications, adverse remarks or disclaimer in the respective reports of the Statutory Auditors and Secretarial Auditors for the year under review. The Auditors Report and notes to the financial statements are self-explanatory and therefore do not call for any further comments/explanation. In order to provide women employees with a safe working environment at workplace and also in compliance with the provisions of the Sexual Harassment of Women at Workplace Act, 2013 and Rules framed thereunder, the Company has formulated a Policy on Prevention of Sexual Harassment of Women at the Workplace. The said Policy has been uploaded on the internal portal of the Company for information of all employees. There is a continuous effort to improve HR service delivery in order to better serve the customers with simple well executed processes with proper use of technology.
Most of our ammonia is made from natural gas, the cleanest hydrocarbon source available. We transport ammonia and its solutions around the world for many different process applications, including NOx control. Yara delivers the reagent of your choice from our unique network of plants offering a constant back-up in sourcing. Yara has been dealing with ammonia for over a century, and is a world leader in ammonia, with one third of the ammonia traded in the world coming from Yara. We have an exemplary record of safety, and safety is at the heart of all our operations.
Further, the Company has entered into Overnight Indexed Swaps partly converting its fixed rate debts to floating rate interest with a view to reduce the cost. Proper systems to ensure compliance with the provisions of all applicable laws were in place and are adequate and operating effectively. Plant at Mukutban with 40 MW Captive Power Plant and 10.60 MW Waste Heat Recovery System. O Existing Call Centre facility is also integrated and available via Chatbot and Whatsapp services to make overall customer service hassle-free. The ANDRITZ GROUP has in-depth manufacturing expertise and a network of about 250 sites worldwide.
The hospital also provides in-patient https://1investing.in/ to Covid- 19 patients, yet again the only private hospital in Chittorgarh district to do so. The initiative has helped people in and around Chittorgarh to avoid travelling to nearby cities like Ahmedabad and Udaipur to get themselves treated. Indian jute mills are facing a daunting competition from subsidized duty-free imports from Bangladesh. The industry is not only losing market share overseas, Bangladesh is also extensively pushing jute goods into India at the cost of market share of domesticjute mills. The MoEFCC has vide Notification dated 8th April, 2021 duly notified an area to an extent varying from zero to 3.0 kilometres around the boundary of Bassi Wildlife Sanctuary as the EcoSensitive Zone . National Green Tribunal , on 24th September, 2021 has passed an Order to continue the interim Order dated 8th March, 2019 on the subject of prohibiting mining in the radius of 10 km from Bassi Wildlife Sanctuary.
The Company has a robust and comprehensive Internal Financial Control system commensurate with the size, scale and complexity of its operations. The system encompasses the major processes to ensure reliability of financial reporting, compliance with policies, procedures, laws, and regulations, safeguarding of assets and economical and efficient use of resources. The Company has Alternative Fuel and Raw Material Feeding System for higher use of alternative fuel on continuous basis at its clinker manufacturing units, thus reducing consumption of natural resource like Coal. This move ensures availability of alternative fuel throughout the year and has resulted in reduction of fuel costs and also helped in reducing the carbon footprint. Company is extending its AFR facility to consume any of the available hazardous waste from other industry. Birla Group, with a production capacity of 3.90 million tons and is one of the biggest in Maharashtra.
This is the foundation for developing new features that can often be installed in machines alstandard initial margin modely in operation. Our focus on energy efficiency, equipment uptime, and operational performance – regardless of the OEM – is of particular benefit to you. While there are many local companies out there in the service business, few understand your equipment, your processes, your team, and your procedures as well as ANDRITZ. ANDRITZ local service specialists know how to obtain the maximum performance and life from your machinery and equipment. We work in close cooperation with your people and local partners to apply the most modern technologies and tools to achieve the best results. On 1st March, 2022, the Company was declared as the winner of Greentech Corporate Governance Award 2022 for”Excellence in Corporate Governance” category.
- Our local service specialists analyze your operations, assess the condition of the equipment, and advise how to improve the efficiency and performance of your plant.
- The said Policy has been uploaded on the internal portal of the Company for information of all employees.
- In absolute terms, the sale of cement on standalone basis has increased to 83.24 lakh tons compared to 82.56 lakh tons in the previous year.
- Scholarships are provided to the meritorious underprivileged children for their higher education.
Learning and development initiatives for employees are geared to enable all-round performance, both as individuals and as teams. The Audit Committee has satisfied itself on the adequacy and effectiveness of the Internal Financial Control System laid down by the management. The Statutory Auditors in its report have expressed an unmodified opinion on the adequacy and operating effectiveness of the Internal Financial Control System over financial reporting. The policies and procedures adopted by the Company ensures orderly and efficient conduct of its business and adherence to the Companys policies, prevention and detection of frauds and errors, accuracy in the record-keeping and timely preparation of reliable financial information. As on 31st March, 2022, the Company has 7 subsidiary companies namely, RCCPL Private Limited, Lok Cement Limited, Talavadi Cements Limited, Birla Jute Supply Company Limited, Budge Budge Floorcoverings Limited, Birla Cement Limited and M.P. 2 subsidiary companies, namely Thiruvaiyaru Industries Limited and Birla Corporation Cement Manufacturing PLC, Ethiopia, are under the process of voluntary winding up.
Huaxing FGCS Ref Plant
Flue gas cleaning plants for Waste to Energy applications The global economy is in constant need of power, which is still mainly provided by coal, oil and gas – fossil fuels that are finite and harmful to the environment over their whole value chain. Other more sustainable resources such as municipal waste or sludge have started to establish their position in the industry and are gaining more attention now due to the global effort to develop and install solutions that will minimize CO2 emissions. As a leading technology supplier, we have a very long history with pulp, paper, and power equipment.
Our local service specialists analyze your operations, assess the condition of the equipment, and advise how to improve the efficiency and performance of your plant. We provide a full range of replacement parts and can sometimes repair/recondition on-site. The Company has in place adequate internal control systems and procedures which are commensurate with its size and nature of business.
There were no instance of one-time settlement with banks or financial institutions and hence the differences in valuation as enumerated under Rule 8 of Companies Rules, 2014, as amended, do not arise. No application has been made under the Insolvency and Bankruptcy Code; hence the requirement to disclose the details of application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 during the year along with their status as at the end of the financial year is not applicable. They have further confirmed their independent status and arms length relationship with the Company. The Company is required to maintain cost records as specified by the Central Government under Section 148 of the Act read with the Companies Rules, 2014 and accordingly, such accounts and records are made and maintained by the Company. The Board of Directors based on the recommendation of the Audit Committee at their Meeting held on 11th May, 2022, approved the re-appointment of M/s.
When this information was revealed to the public, the value of Synchronoss stock dropped, causing losses to its shareholders. The Company is well aware of its responsibility towards sustainable development and environment. Various initiatives are taken for addressing climate change challenges particularly CO2 reduction and pollution prevention. In the Mukutban project, 22,000 ton of waste fly ash was used thus reducing about 17.6 million Kg of CO2 emissions. The Company is focussed towards conservation of water by putting special efforts for rain water harvesting, conservation of water resources and reusing treated waste water for dust suppression and plantation in sustainable way.
Stocks- U.S. Futures Flat Ahead of Jobs Data
The Company believes that it is critical to protect the health and safety of everyone involved in its operations and to carry out operations in environmentally sustainable manner. Transactions with person or entity belonging to the promoter/ promoter group which hold 10% or more shareholding in the Company have been disclosed in the accompanying financial statements. The industry is not only losing market share overseas, Bangladesh is also extensively pushing jute goods into India at the cost of market share of domestic jute mills. In the long-term, demand for Jute products is expected to increase due to increased awareness and acceptability of environmentally sustainable products. The MoEFCC has vide Notification dated 8th April, 2021 duly notified an area to an extent varying from zero to 3.0 kilometres around the boundary of Bassi Wildlife Sanctuary as the Eco-Sensitive Zone .
The Board has formulated a Risk Management Committee (‘RMC) to frame, implement and monitor the Risk Management Policy of the Company and to ensure the adequacy of the risk management systems. Robust mechanisms and systems have been put in place to identify and manage the inherent risks in business and strategy, and to monitor the Companys exposure to key risks that could impact the overall strategy and sustainability of the business. The purpose is to identify risks in time which have the potential effect on the Companys business or corporate standing or growth and manage them by calibrated action. While scaling up sales in all key markets, the Company managed to improve the share of blended and premium cement in total sales. Sales of blended cement in the March quarter at 3.84 million tons represents 1% year-on-year growth from 3.8 million tons in the same period last year.
That is why our local service center helps you with planning and implementing vital work details. Even minor planned or unplanned shutdowns can be used to carry out improvement work. And it is also important to have reliable labor at hand for standard work in order to ensure that all planned work is successfully carried out in the short amount of time that is available.
The Policy also provides mechanism for reporting of instances of leak or suspected leak of Unpublished Price Sensitive Information in terms of Regulation 9A of the SEBI Regulations, 2015. The Vigil Mechanism/Whistle Blower Policy has also been uploaded on the website of the Company. The Independent Directors of the Company in its separate meeting held during the year also reviewed the performance of NonIndependent Directors and Board as a Whole and Chairman of the Company taking into account the views of Executive Directors and Non-Executive Directors. With the aim of imparting women the skills to get jobs, the Company has taken various initiatives (sewing & stitching, embroidery works) to promote skill development. The Company also supports schemes that generates employments for women in villages surrounding its factories and mining areas.
- The Policy empowers the Directors and the employees to report concerns about unethical behaviour, actual or suspected fraud or violation of the Companys Code of Conduct or ethics policy, if any.
- The Mining Operations at the Chanderia plant had been suspended since August, 2011 owing to the Order of Jodhpur High Court , which was challenged by the Company before the Hon”ble Supreme Court.
- In order to provide women employees with a safe working environment at workplace and also in compliance with the provisions of the Sexual Harassment of Women at Workplace Act, 2013 and Rules framed thereunder, the Company has formulated a Policy on Prevention of Sexual Harassment of Women at the Workplace.
- No complaint pertaining to sexual harassment of women employees from any of the Company”s locations was received during the financial year ended 31st March, 2022.
- Also, it is sourcing solar power for Raebareli Plant in group captive mode in long term PPA.
- The Company continues to take significant strides in its digital transformation journey.
As a part of the continuous effort to build a safe workplace, the Company has engaged a reputed safety consultancy organization to roll out all comprehensive Safety Management System with an aim of involving each and every employee of the Company whether on permanent roll or contract manpower. A total of 15 separate elements of Safety Management System are implemented in a structured manner. The Health, Safety & Well-being of the employees, subcontractors and all related personnel is paramount.
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Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. This availability information regarding shortable stocks is indicative only and is subject to change. IB does not accept short sale orders for US stocks that are not eligible for DTC continuous net settlement and all short sale orders are subject to approval by IB. Shome & Banerjee has confirmed that they are free from any disqualifications specified under Section 141 and proviso to Section 148 read with Section 141 and all other applicable provisions of the Companies Act, 2013 and their appointment meets the requirements of Section 141 of the Companies Act, 2013.
The objective of these procedures are to ensure efficient use and protection of the Company”s resources, accuracy in financial reporting and due compliance with statutes, corporate policies and procedures. The Board has formulated a Risk Management Committee (”RMC”) to frame, implement and monitor the Risk Management Policy of the Company and to ensure the adequacy of the risk management systems. The said Policy is also reviewed by the Audit Committee and approved by the Board from time to time.
In view of the aforesaid, these subsidiaries have not been considered in preparing the Consolidated Financial Statements. L Independent Directors shall be a person of integrity and possess expertise and experience and/or someone who the Committee/Board believes could contribute to the growth/philosophy/strategy of the Company. L In evaluating the suitability of individual Board members, the Committee takes into account many factors, including general understanding of the Companys business dynamics, global business, social perspective, educational and professional background and personal achievements.
The Company”s total debt as at 31st March, 2022, stood at ”4,231 crore, marginally higher than ” 4,072 crore a year earlier. Average interest cost for the quarter ending 31st March, 2022 was 6.8% compared with 7.5% for the same period in the previous year. As required under Section 148 of the Companies Act, 2013, the remuneration payable to the Cost Auditor, as approved by the Board, is required to be placed before the Members in a general meeting for their ratification and the same forms part of the notice of the ensuing Annual General Meeting.
Pradhan Mantri Awas Yojana, metro construction and urban infrastructure development. Going forward, the Company intends to provide greater focus to the non-trade segment, and driven by that strategy. It is enlisting its brands with panchayat and block-level administration with the aim of shoring up sales to government projects.
During the year under review, the Company has issued and allotted 1500, Secured, Rated, Listed, Redeemable Non-Convertible Debentures of 10,00,000/- each at 5.75% p.a. The Company has also redeemed 1500, Secured, Rated, Listed, Redeemable Non-Convertible Debentures of 10,00,000/- each at 9.15% p.a., aggregating to 150 Crores on 18th August, 2021. On-call service can be agreed for both manpower as well as spare parts – always keeping in mind that production has to be ensured. We focus on the safety of your operators, the safety of your local maintenance staff and the safety of your equipment. Regulations and tax structure, economic developments within India and in the countries with which the Company has business contacts and other factors such as litigation and industrial relations. The Auditors” Report and notes to the financial statements are selfexplanatory and therefore do not call for any further comments/explanation.