Diese Präsentation wurde erfolgreich gemeldet.
Die SlideShare-Präsentation wird heruntergeladen. ×

Newsletter dated 23rd june, 2016

Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Wird geladen in …3
×

Hier ansehen

1 von 2 Anzeige
Anzeige

Weitere Verwandte Inhalte

Ähnlich wie Newsletter dated 23rd june, 2016 (20)

Anzeige

Weitere von Rajiv Bajaj (20)

Aktuellste (20)

Anzeige

Newsletter dated 23rd june, 2016

  1. 1. www.csrajivbajaj.com THOUGHT OF THE DAY THOUGHT OF THE DAY “While always looking for the good in others, you will find the good in yourself.” Law Updates:  Revenue couldn’t deny sec. 80-IB relief once approval was granted by prescribed authority.  Health-insurance of employees is used in or in relation to manufacture and is eligible for credit; however, premium attributable to families of employees does not have any nexus with manufacture and is not eligible for credit: CESTAT Chennai.  CCI restrains 'Mahyco' from enforcing post-termination obligations under licence agreement till disposal of proceedings.  Bandwidth charges couldn't be held as 'FTS' just because technical gadgets were made available for the purpose: Tribunal Delhi.  Sum paid to UK Co. for seconded employees wasn't taxable as it already subjected to TDS as salary income: Tribunal Kolkata. PROFESSIONALS INPUTS:  RBI vide Press Release dated 22nd June, 2016 has said Resolving Stress in the Banking System and Restoring Credit Growth Vital to Growth Agenda.  CBDT vide Press Release dated 22nd June, 2016 amend the rule 114H of Income-tax Rules, 1962.  SEBI vide Circular No. SEBI/HO/MRD/DP/CIR/P/2016/60 dated 22nd June, 2016 has reviewed the framework of position limits for currency derivatives contracts. MARKET WATCH: SENSEX: 26765.65 -47.13 NIFTY: 8203.70 -16.20 SILVER: 41250.00 -105.00 GOLD (MCX): 30168.00 -128.00 USD/INR: 67.47 -0.01 CRUDE OIL: 3318.00 -35.00 CS Rajiv Bajaj 9811453353 Bajajr66@gmail.com youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date: 23rd June, 2016
  2. 2. www.csrajivbajaj.com VENU SRINIVASAN Chairman-Sundaram-Clayton Group Venu Srinivasan is an Indian Industrialist, who is the Chairman of Sundaram-Clayton Group, which includes TVS Motor Company, the third largest two-wheeler manufacturer and companies that manufacture automotive components, in India. He is also the Chairman, Board of Trustees, of the Srirangam Sri Ranganathaswany Temple and the Managing Trustee of the Srinivasan Services Trust (SST), the social arm of Sundaram-Clayton Limited and TVS Motor Company. Career Venu Srinivasan is the grandson of the TVS Group's founder, T. V. Sundaram Iyengar. After graduating as an engineer from the College of Engineering, Guindy, he completed "Master of Science" degree in Management from Purdue University in the USA. He is conferred with "Doctor of Management" by University of Purdue, USA and "Doctor of Science" by University of Warwick, UK & IIT Kharagpur, India. He became the Managing Director of Sundaram Clayton Ltd. in May 1979. He went on to become the Chairman of TVS Motor Company. In the late 1980s, Srinivasan scripted a turnaround for the company, which was then mired in labour trouble and sinking into the red. Srinivasan dealt with the situation sternly and shut the factory down for three months, forcing the unions to relent. He then re-structured operations by upgrading plant machinery, investing in new technologies and implementing Total Quality Management practices. TVS Motor Company split from Suzuki and started manufacturing on its own. TVS Motor Company re-entered the market by successfully launching TVS Victor - India's first indigenously built four stroke motorcycle. The slew of launches that followed propelled TVS Motor Company into becoming India's third largest two-wheeler manufacturer. Under Venu Srinivasan's leadership as the Managing Director, Sundaram Clayton's brakes division won the Deming Prize in 1998 for having "achieved distinctive performance improvements through application of company-wide quality control". In 2002, TVS Motor Company also won the Deming Prize, becoming the first two-wheeler company in the world to do so. Awards and Honours Venu Srinivasan was conferred the coveted Padma Shri Award by the President of India in 2010 for his contributions in the field of trade and industry. He is the Goodwill Envoy for Public Diplomacy of the Republic of Korea. He was earlier the Honorary Consul General, Republic of Korea and Chennai. In 2010, he was honoured by South Korean President Lee Myung-bak, with the distinguished civilian honour, ‘Order of Diplomatic Service Merit,’ in recognition of his contribution in promoting bilateral relations between South Korea and India. It is rare for a Honorary Consul General to be conferred this award, which is given by the Republic of Korea for meritorious service to the extension of national prestige overseas and promotion of friendship with other nations. Venu Srinivasan was appointed as the Honorary Commander of Korean Naval vessel, ROKS Choi Young (DDH-981), which is a unique honour for a civilian. This was in appreciation for his dedication to enhance the friendship and Co-operation between the Republic of Korea and the Republic of India. In December 2014, Venu Srinivasan was conferred an honorary citizenship by the Mayor of Busan Metropolitan City, the 2nd largest city in Korea.

×