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Newsmakers
Record-breaking performance
If you’re wondering why K Raghuramaiah, Chairman, Paradip
Port Trust, was recently awarded with the Bharatiya Siromani
Puraskar for excellent performance in 2008-09 by the Institute
of Economic Studies, well, here are the reasons.
Paradip Port, in 2008-09, the global meltdown notwithstanding,
handled an all-time record traffic of 46.41 million tonne,
which is a 9.36 per cent increase over the previous record
of 42.44 million tonne in 2007-08. The port’s operating
income during the year also increased to Rs 700.21 crore from
Rs 639.98 crore in the previous year. Additionally, it handled
26.52 million tonne of export cargo and 19.89 million tonne
of import cargo surpassing the previous records of 25.59 million
tonne and 16.85 million tonne respectively. The port, for
the first time, also handled 140,392 tonne of raw sugar, besides
importing 1,575,842 tonne of crude oil through single point
mooring. Need we say anything more!
Fairly rewarded
Whoever says business integrity is an outdated concept, hasn’t
evidently heard of Arun Nanda, Executive Director & President,
Infrastructure Development Sector, Mahindra & Mahindra
Ltd and Sumit Banerjee, Managing Director, ACC Ltd. These
two have been instrumental in promoting the importance of
corporate governance in their companies and were recently
awarded with the CFBP Jamnalal Bajaj awards for their fair
business practices. While Nanda played a pivotal role in setting
up the Corporate Governance Cell for overseeing the implementation
of the company’s policies and their compliance, Banerjee
is instrumental in ensuring that resources of the company
are effectively used and both the management and employees
work towards taking the company forward within the framework
of effective accountability. The result is that while ACC
is the only cement company to figure in the list of Consumer
SuperBrands of India, Mahindra & Mahindra is the only
Indian company to feature in the list of top tractor brands
in the world. Thus, in their own little way, both Nanda and
Banerjee have put forward a business model for the rest of
the world to follow.
Business wizard
Winner of the Chemtech business leader of the year engineering
services award, Pothen Paul, Country Manager (India), Aker
Solutions, has over 40 years of experience in organisation,
operations management and construction management and plant
design. During this period he has served in various positions
like Operations Manager, Director Operations and Managing
Director in the Aker Solutions group company Aker Powergas
Pvt Ltd and developed a project management culture and organisational
mind set by focusing on customer needs, high standards of
quality and fast tracking of project execution. The result
is that today Aker Solutions is the most sought after E&C
service provider in India. Paul is also the Executive Chairman
of Aker Powergas Pvt Ltd and the President of Aker Solutions’
global process business, besides being associated with organisations
like Process Plant and Machinery Association of India and
the National Council of the Confederation of Indian Industry
(CII).
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