Showing posts with label Government of India. Show all posts
Showing posts with label Government of India. Show all posts

VEDANTA HINDUSTAN ZINC OPENS 2 NAND GHARS IN AJMER, RAJASTHAN

Delivering long-term benefits to communities by strengthening the foundation of children below the age of seven years their nutrition, health and education… 

The report says, there are 7.5 crore underprivileged children living in remote rural areas, below the age of seven years, who are in need of proper nutrition, health care and education. Our primary focus, therefore, is to start at the grass root level with the holistic development of children and women, who form the future of our nation.

This is where, Vedanta came up with the concept of “Nand Ghar" designed in partnership with the ministry of women and child development. It is an extension to the existing Anganwadi initiative for providing a better environment to the children of India by addressing issues relating to pre-primary education, health care, nutrition and economic empowerment for women in rural India.

Mr. Anil Agarwal – Chairman, Vedanta Group believes “In order to secure the future of India, we have to safeguard the present. To strengthen the foundation of children, it is important to address issues relating to pre-primary education, health care, nutrition for children and economic empowerment for women in rural India”.

Taking his vision forward, Vedanta has joined hands with the Government to revamp 4000 anganwadi centres across India under the Project ‘Nand Ghar’. Today, more than 100 “Nand Ghars” across three states has resulted in marked improvement in attendance, learning abilities and school readiness, by deploying e-learning modules in education and soft skills in collaboration with world-class partners and they are now equipped with TVs, solar panels and toilets

On 31st July, 2017, 2 “Nand Ghars” - Khanpura & Parbatpura have also been inaugurated in Ajmer District by the Chief Guest - Ms. Anita Bhadel – Hon’ble Minister of Women and Child Development, Government of Rajasthan and with this 10 Nand Ghars have been constructed in Ajmer district with 25 more Nand Ghars are in pipeline.

During the inaugural ceremony, Ms. Bhadel said “Government and Vedanta Hindustan Zinc have done their bit by providing well equipped facilities for primary education, nutrition services along with related healthcare services for both mother and child including skill training for women, it’s now the communities have to come forward and support it by actively participating in it.” She also mentioned that if a mother anchors the responsibility of her child’s education, the benefit will percolate to her next 7 generations.

To make the project more cohesive, “Nand Ghar” act as a focal area for immunisation, gender sensitisation and maternal care. It also aims to enhance the learning environment through an e-learning module and skill enhancement program for women where they will undergo entrepreneurship training, including skill enhancement, to start their own micro enterprise with credit linkages, thereby increasing their contribution towards the Indian economy.

The Nand Ghars are in line with Prime Minister of India’s vision of social development and will prove to be a stepping stone for building the future human capital as productive, passionate and persistent towards the growth.


Also present on the occasion were Mrs. Neelima Khetan – Head CSR, HZL, Mr. Sampat Sankhla – Dy. Mayor, Ajmer,  Mrs. Anupama Tailor – Dy. Director, Women & Child Development, Mr. Nitesh Yadav - ICDS, Mr. Raes Ahemad - Counsellor along with Anganwadi workers and Hindustan Zinc’s CSR representatives.

HINDUSTAN ZINC RECEIVES DUN & BRADSTREET CORPORATE AWARD 2017

Hindustan Zinc received the Dun & Bradstreet Corporate Award 2017 under the Non-Ferrous & Precious Metals category in a glittering function held in Mumbai on 1st June 2017.
This is the 9th consecutive win for Hindustan Zinc in the category. The award was presented by Mr. Arjun Ram Meghwal, Honourable Minister of State for Finance & Corporate Affairs, Government of India.


Mr. Vijay Jayarama Murthy - Head, Marketing received the Award on behalf of Hindustan Zinc.

HINDUSTAN ZINC TO PAY SPECIAL DIVIDEND OF RS. 13,985 CRORE

The Board of Directors of Hindustan Zinc has declared a special one-time interim dividend of 1375% i.e. Rs. 27.50 on every equity share of Rs. 2, entailing an outflow of Rs. 13,985 Crore including dividend distribution tax (DDT) on 22nd March, 2017. The record date for the dividend will be March 30, 2017.
Together with the Golden Jubilee dividend paid in April 2016 and the interim dividend paid in October 2016, the aggregate dividend being paid by Hindustan Zinc during this financial year will be Rs. 27,157 Crore including DDT, which is the largest dividend outflow by any company in India in a single financial year. Of this, Rs. 11,259 Crore will go to the Government. 
Agnivesh Agarwal - Chairman, HZL said, “We are pleased to reward our shareholders with a special dividend, which reflects the Company's confidence in its continued robust performance and demonstrates our commitment towards delivering value for our shareholders. Since disinvestment by the Government in 2002, the cumulative dividends paid by the Company, including the current special dividend, is Rs. 37,517 Crore including dividend distribution tax.”

NMDC Social Awareness Award - 2015-16 by FIMI to SKM

Sindesar Khurd Mine has been awarded with NMDC Social Awareness Award ‐ 2015‐16 by Federation of Indian Mineral Industries (FIMI) for their significant contribution in socio‐economic development of the community residing near its business locations.
The award was presented by Shri Piyush Goyal ‐ Hon'ble Minster of State for Mines, Power, Coal & New & Renewable Energy at a function held during 50th Annual General Meeting of FIMI in Eros Hotel at New Delhi on 3rd October, 2016. Mr. Sunil Duggal ‐ CEO, HZL graced the occasion with his presence. Also present were Secretary Mines Govt. of India, senior govt. officials, executives and mining professionals of leading companies across India.
During the event, Mr. Rajeev Bora ‐ Unit Head, SKM received a special citation for significant
contribution to the community development effort.
On behalf of Hindustan Zinc, the award was received by Mr. Joydeep Chandra – Head Mill, HZL and Mr. S.N. Tailor – AM, CSR.

FIVE STAR RATING TO HZL

Rampura Agucha Mines and Sindesar Khurd Mine received ‘5 Star Rating’ declared by the Ministry of Mines, Government of India for year 2015-16. The award was presented by Shri. Arun Jaitley  - Hon’ble Finance Minister of India and Shri. Raman Singh - Hon'ble Chief Minister of Chhattisgarh on the National Conclave held on 4th & 5th July, 2016 at Raipur. The award was received by Mr. L.S. Shekawat – COO Mines, HZL. ‘Star Rating’ is an initiative to identify the mining leases for their efforts taken for implementation of the Sustainable Development Framework (SDF). The Ministry started the evaluation of mines against the star rating in a scale of 1 to 5 based on performance in FY2015-16.

DUN & BRADSTREET AWARD 2016 AWARDED TO HINDUSTAN ZINC IN NON-FERROUS & PRECIOUS METALS CATEGORY

For the 8th consecutive year Hindustan Zinc has received ‘Dun & Bradstreet Corporate Award 2016’ in ‘Non-Ferrous & Precious Metals’ Category in a glittering function organized in Mumbai on 31st May, 2016.  The award was presented by Dr. Bibek Debroy - Permanent Member NITI Ayog, who was the Chief Guest, and Shri Anil Swarup - IAS, Secretary - Ministry of Coal, Government of India, who was the Guest of Honour.


Mr. Hemendra Sharma - AVP(Finance) received the award on behalf of Hindustan Zinc.


INCOME TAX DEPARTMENT RECEIVES RS. 2065 CRORE DIVIDEND TAX FROM HINDUSTAN ZINC

As part of dividend tax in view of the recently declared 1200% dividend by Hindustan Zinc, the Income Tax Department received Rs. 2065 crore from the Company on 12th April, 2016. A symbolic cheque of Rs. 2065 crore was presented to Chief Commissioner of Income Tax Smt. Neena Kumar today by Hindustan Zinc CEO Sunil Duggal and company’s CFO Amitabh Gupta. Also present on this occasion were the Additional Commissioner of Income Tax O.P. Kanther, Director Projects of HZL Naveen Singhal and Head of Corporate Communication Pavan Kaushik.


Amitabh Gupta, the CFO of Hindustan Zinc informed that the Company has recently announced 1200% dividend, Rs. 24 on a share of Rs. 2, which entailed an outflow of Rs,. 12,205 crore including dividend tax, the actual dividend being 10,141 crore. The government share of dividend was about Rs. 3000 crore, as the government possesses  29% in Hindustan Zinc.  A cheque in this regard was presented by Hindustan Zinc to the Union Finance Minister Arun Jaitley on 11th April 2016. 

GOVERNMENT RECEIVES RS. 5059 CRORE DIVIDEND (INCL TAX) FROM HINDUSTAN ZINC

HZL’s Special Golden Jubilee dividend of Rs 12,205 crore (including DDT) to the shareholders is second highest ever in the country after Coal India. Mr. Sunil Duggal CEO Hindustan Zinc Limited presented a dividend cheque of Rs 2,995 crore to Hon’ble Finance Minister Shri Arun Jaitley and the then Steel and Mines Minister Shri Narendra Singh Tomar on 11th April, 2016. The dividend was paid on account of Government of India’s residual stake of 29.54% in HZL (an erstwhile central public sector enterprise).
Secretary (Revenue) Dr. Hasmukh Adhia, Secretary (Mines) Shri Balvinder Kumar, Mr. Tom Albanese, Group CEO, Vedanta, Mr. Tarun Jain, Group Finance Director Vedanta, Mr. Amitabh Gupta, CFO, Hindustan Zinc and other senior officials of Ministries of Finance and Mines were also present on the occasion.

The highest ever dividend by a private company to the Government of India. 

ABHERAJ BALDOTA HEALTH & SAFETY AWARD TO SINDESAR KHURD MINE



Sindesar Khurd Mine has been awarded with Abheraj Baldota Health & Safety Award for year 2014-15 by the Federation of Indian Mineral Industries (FIMI) for its best practices, unique features and innovative processes adopted by the Mine. The award was presented by Mr. Vishnu Deo Sai - Hon'ble Minister of State for Steel and Mines, Govt. of India during 49th Annual General Meeting of FIMI at Eros Hotel, New Delhi on 24th August, 2015. The award was received by Mr. L.S. Shekhawat - COO, Mines, Mr. Rajendra Dashora - Location Head, RDC, Mr. Rajeev Bora - Unit Head, SKM and Mr. R.K. Agarwal - Head Electrical, SKM. The ceremony was graced by Secretary Mines, Govt. of India, senior govt. officials and mining professionals of leading companies across India.