Business Sphere

Tata Main Hospital inaugurate­s Bone Densitomet­ry (DXA) Machine

- By Our Correspond­ent

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
Subodh Bhargava, Member of the Board of Tata Steel
 ??  ?? Sanjiv Koul, Chairman and MD, Timken India
Sanjiv Koul, Chairman and MD, Timken India

Newspapers in English

Newspapers from India