Tata Steel bags 'Golden Peacock HR Excellence Award'
Tata Steel Limited has been bestowed with the ‘Golden Peacock HR Excellence Award’ for the year 2017 by the Institute Of Directors (IOD), India.
Hon'ble Former Chief Justice of India, Justice MNR Venkatachaliah and Chairman, Golden Peacock Awards Jury presented the award to Mr Suresh Dutt Tripathi, Vice President, Human Resource Management, Tata Steel at an event held in Bangalore on Feb 9, 2018.
“We are honored to receive the ‘Golden Peacock HR Excellence Award’. It reiterates Tata Steel’s belief that our people are the most important asset. We continuously strive to evolve good practices to ensure healthy employee relations, employee growth and development while ensuring work satisfaction”, said Mr Suresh Dutt Tripathi, Vice President, Human Resource Management, Tata Steel.
Golden Peacock HR Excellence Award, introduced in 2011, is a major recognition framework to mark successes and accomplishments for the HR fraternity in India. The Award serves to confer distinct recognition on organizations and HR professionals as an employer and employee champion to bring out the best through sound and commendable HR and people management practices. Golden Peacock HR Excellence Award recognizes leading organizations and practitioners in the drive for impactful human capital strategies.
Golden Peacock Awards Secretariat (GPAS) invites applications from the Indian manufacturing and service organisations for Human Resource Excellence Award. It is conferred to an organisation that has achieved overall excellence in their HR and people management practices, thus contributing to the needs of business, the profession, employees, industry and the nation. The company has been recognized by the Golden Peacock Awards Jury under the chairmanship of Hon'ble Former Chief Justice of India Justice MNR Venkatachaliah.
About Tata Steel
Tata Steel Group is one of the world’s largest steel companies with a steel production capacity of approximately 27.5 million tonnes per annum (MnTPA) as on March 31, 2017. It is a geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a revenue of INR 117,420 crore in FY17. Tata Steel Group has an employee base of nearly 70,000 employees as of March 31, 2017. Tata Steel has successfully challenged the Deming Grand Prize in 2012, received the Prime Minister’s Trophy for the ‘Best Integrated Steel Plant’, ‘Greenco Platinum Rating’ by CII Green Building Council for environmental performance at Jamshedpur steelworks, ‘Best Place To Work’ in the core sector (steel, oil, power and minerals) by Business Today (2017), ‘World’s Most Ethical Company’ award from the Ethisphere, USA (2017), among several others.
Tata Steel Limited is proposing, subject to market conditions and other considerations, a rights issue of its ordinary shares and has filed a Letter of Offer with SEBI and the Stock Exchanges. The Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers to the Issue at http://www.investmentbank.kotak.com, http://www.axiscapital.co.in, http://www.hdfcbank.com, http://www.icicisecurities.com and http://www.sbicaps.com. Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to the section titled “Risk Factors” on page 11 of the Letter of Offer for details of the same. The securities offered via the Letter of Offer are not being offered to investors outside of India and recipients of the Letter of Offer should refer to the offering restrictions noted therein.
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.