Tata Steel’s Ferro Alloys and Minerals Division has been awarded the first prize in Category A (Large & Medium Scale Member companies) for “Significant Improvement in Productivity”. The Division has, since its creation as a profit centre achieved all time highs in production, sales and turnover during the current year. It reduced its working capital by 20% and at the same time increased turnover by as much as 40%.

The Manganese Mines, which came into the fold of the Division two years ago, have doubled their production in the last year through a complete restructuring of operations and increased exploration activity, all of which have put it on a steady growth path.

Mr B Muthuraman to head CII
Eastern Region

The Managing Director, Mr B Muthuraman has been elected Chairman of the Confederation of Indian Industries, Eastern Region. Immediately after assuming charge, Mr Muthuraman initiated several steps to address the issues of growth and development of industry in the region.

It was Mr Sourav Ganguly’s leadership and ability to hold his own as a captain which played an important role in India winning the Indo-Pak series. It is a proud moment for Tata Steel each time Sourav’s leadership is acknowledged and applauded. The company saw in him the potential for greatness even before he became a part of the Indian cricket team and made him a part of the Tata Steel family. His is yet another instance of Tata Steel recognising a sportsperson’s worth and providing support till the individual achieves his or her true potential.

Sourav Ganguly was felicitated for his excellent leadership by the Confederation of Indian Industries, Eastern Region at Kolkata. This was in line with CII Eastern Region’s “Celebration of Success” in the region. Present on the occasion was his Excellency, the Governor of West Bengal, Mr Viren J Shah, the Managing Director of Tata Steel, Mr B Muthuraman, President, BCCI, Mr Jagmohan Dalmia and the Australian fast bowler Brett Lee.

“I have received many awards and honours but to be honoured for your team’s success is very special. I must say that I am lucky to have a good team at my disposal,” he said while accepting the honour. Over 400 delegates, including industry leaders, bureaucrats and cricket lovers attended the ceremony.