Tata Main Hospital inaugurates Bone Densitometry (DXA) Machine
Astate of the art Bone Densitometry (DXA) machine was inaugurated in the Department of Nuclear Medicine, Tata Main Hospital by Mr Sanjiv Koul, Chairman and MD, Timken India in presence of Mr Sunil Bhaskaran, Vice President, Corporate Services, Tata Steel. The event was organised on Monday, 3rd April, 2017. The idea for establishing the machine was mooted and fully supported by Mrs Rupa Mahanty, Independent Director, Timken India. The machine measures bone mineral density ( BMD) and helps in the diagnosis of osteoporosis, a progressive bone disease resulting in weakening of bones and frequent fractures. Women are particularly prone to develop osteoporosis and Indian women are further susceptible to it due to poor nutrition. There are approximately 0.26 DXA machines per 1 million of the Indian population and very few of these are based at the government hospitals, a fact which further limits patient access. Air Marshal (Dr) Rajan Chaudhry (Retd), General Manager (Medical Services), Tata Steel, said that the newly installed DXA machine will fulfill a long standing need in Jamshedpur by offering screening and diagnostic facility for women with suspected osteoporosis or for those on treatment and requiring follow up.
Jamshedpur Achieves "Excellent" Rating in Nielson Survey
Every year, A C Nielson conducts an extensive survey covering the services provided by JUSCO in the Tata Steel command area to gauge the citizen's experience and reaction on the services provided. They compare the key data output with Chandigarh which in India, has been considered as a benchmark. Typically, the score in band 81- 84 has been regarded as 'Good Performance' in Asia Pacific region in the Utility Sector. The position of Jamshedpur has been in this band for the last 8 years. This year, however the citizens of Jamshedpur have given the city a score of 92 which places the services provided by JUSCO in 'Excellent Band' - the top most band. Commenting on this achievement, Mr. Ashish Mathur, M.D, JUSCO, thanked the JUSCO Board for its constant guidance and support. According to him, “While Team JUSCO continues to do the best possible work, it is also conscious of the fact that with this score, we have crossed the national benchmark and now, the only competition that we may have, will be from international arena but we are confident to scale new heights following the strategic path of C - S - R (Consolidate - Strengthen - Responsible Growth)”.
Changes to the Board of Directors of the Company
Appointments to the Board of
Directors Tata Steel Limited (Tata Steel or the Company) today announced that based on the recommendation(s) of the Nomination and Remuneration Committee, the Board of Directors unanimously approved the appointment of Mr. Aman Mehta as Additional (Independent) Director with immediate effect and appointment of Mr. Deepak Kapoor as an Additional (Independent) Director of the Company effective April 1, 2017. Mr. Aman Mehta, an economics graduate from Delhi University has over 39 years of experience in various positions with the HSBC Group from where he retired in January 2004 as CEO Asia Pacific. Mr. Mehta has extensive experience in the field of Banking/ Finance and has a proven track record of successfully managing large multinational enterprises. Mr. Mehta occupies himself primarily with Corporate Governance, Board and Advisory Roles in a range of global manufacturing and technology companies such as Cairn India and Tata Consultancy Services. Formerly, he has been a Member of the Supervisory Board of ING Group NV and a Director of Raffles Holdings, Singapore. He is also a Member of the governing board of the Indian School of Business, Hyderabad and a Member of the International Advisory Board of Prudential of America. Mr. Deepak Kapoor, former Chairman of PwC India, has been associated with it for over 30 years. He was named Partner in 1991 and was the Managing Director between 2007 and 2016. As member of PwC’s India Leadership Team, Mr. Kapoor served in various leadership and client service roles. He has led deals for more than eight years and the practice in the area of Telecom, Entertainment and Media for over ten years. Mr. Kapoor successfully steered the firm during very challenging times and has strengthened the firm’s footprint in India. Mr. Kapoor has extensive experience in the audit function as well as business advisory related work. His experience, in India and overseas, encompasses multiple industries including consumer products, manufacturing, telecom, technology, healthcare, entertainment and media. A meritorious Commerce Graduate from Delhi University (third rank holder), Mr. Kapoor is a Fellow Member of Institute of Chartered Accountants of India (ICAI), Fellow Member of Institute of Company Secretaries of India and a Member of the Institute of Certified Fraud Examiners, USA. Welcoming Mr. Mehta and Mr. Kapoor, Mr. N. Chandrasekaran, Chairman of the Board, said, “I am delighted to welcome Mr. Aman Mehta and Mr. Deepak Kapoor to our Board. I am confident that the Board will immensely benefit by their knowledge and rich experience. Both are globally recognized and respected corporate leaders. The Board Members are excited and look forward to working with Aman and Deepak.” Mr. Subodh Bhargava retires as Member of the Board of Tata Steel In accordance with the retirement policy for the Company’s Board of Directors (Independent Director(s) to retire on attaining 75 years of age), Mr. Subodh Bhargava, Independent Director, retires from the Board effective today, i.e., March 29, 2017. Mr. Bhargava joined the Tata Steel Board in May 2006. Thanking Mr. Bhargava for his enormous contributions to the Company, Mr. N. Chandrasekaran, Chairman of the Board, said, “Mr. Bhargava, as the Member of the Board and Chairman of the Audit Committee, played a vital role in strengthening the Company’s governance processes. On behalf of the Board, I thank Mr. Bhargava for the guidance, leadership and wisdom he brought to the Board during his decade long association with the Company. The Company and the Board immensely benefited from his insights. We wish him good health, happiness and prosperity.” Mr. Bhargava thanked the Board and said, “It has been a pleasure and an honor for me to have been associated with Tata Steel. I would like to thank the Board for giving me the opportunity to be a part of this esteemed organization that has unyieldingly steered through challenging times over the years by transforming lives and redefining the way of doing business. I wish the Company and its leaders the very best.” Mr. Bhargava is currently the Chairman of GlaxoSmithKline Healthcare and Director on the Board of Larsen & Toubro. In the past he served as the Chairman and Chief Executive Officer of Eicher Group. Mr. Bhargava also served as the President of the Confederation of Indian Industry. He holds a degree in Mechanical Engineering from Indian Institute of Technology, Roorkee (formerly University of Roorkee).
Subodh Bhargava, Member of the Board of Tata Steel
Sanjiv Koul, Chairman and MD, Timken India