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Friday 29 January 2021

Bharat Petroleum Corporation Limited bags four coveted awards at FIPI Oil & Gas Awards 2020

 



The FIPI Oil and Gas Awards celebrates the industry’s most outstanding achievements

 

Mumbai, January 28, 2021: Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company has received four coveted awards at the prestigious FIPI Oil & Gas Awards 2020.

 

The awards were presented by Shri. Dharmendra Pradhan Hon’ble Minister of Petroleum and Natural Gas and Steel, Government of India on Jan 27, 2021.

 

Bharat Petroleum Corporation Limited was awarded the 'Innovator of the year – Team ‘, led by Mr. Srinivasulu Kaalva, Senior Manager (R&D) of Bharat Petroleum Corporation Limited    for developing Divided Wall Column technology for improving the energy efficiency of distillation columns. This technology is successfully implemented in the Kochi Refinery Naphtha Distillation unit and BPCL is the first Indian company to demonstrate Divided Wall Column technology on a commercial scale.

The Company’s subsidiary Bharat Oman Refineries Limited (BORL), was conferred with ‘Refinery of the Year’ (Capacity upto 9 MMTPA)' for achieving significantly higher levels of performance in production, operational efficiencies and energy conservation while meeting the norms of health, safety and environment protection.

BORL was also awarded the 'Sustainably Growing Corporate of the Year' for outstanding contribution in achieving excellence in sustainability performance and care for environment.

Ms. D Rajeswari, from BPCL, Mumbai Refinery, received the coveted 'Young Achiever of the Year' award for innovative approaches in capacity expansion of Crude Distillation Unit & strategic extension of pipeline network in Refinery bringing about synergy, benefit and integration of facilities.


On the occasion, Mr. P.V. Ravitej, Executive Director (In Charge Refineries), BPCL expressed "We are proud that our efforts have culminated in the receipt of these coveted awards & recognitions from Shri. Dharmendra Pradhan, Hon'ble Minister of Petroleum and Natural Gas & Steel, Government of India at the ‘FIPI Oil & Gas Awards 2020.  These awards are testament of our continuous pursuit for innovation, excellence and service quality”.

FIPI Oil and Gas Awards recognize the leaders, innovators and pioneers in the Oil and Gas Industry, with an objective to celebrate the industry’s most outstanding achievements. The applications were evaluated by the Awards Committee comprising of experts from oil and gas industry.

 

About BPCL:

 

A Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the elite club of companies having greater operational & financial autonomy.

 

Bharat Petroleum’s Refineries at Mumbai and Kochi, subsidiaries Numaligarh Refinery Limited at Assam and Bharat Oman Refineries Ltd., at Bina, Madhya Pradesh have a combined refining capacity of over 40 MMTPA. Its marketing infrastructure includes network of installations, depots, retail outlets, aviation service stations and LPG distributors. Its distribution network comprises around 18,000 Retail Outlets, 6,600 LPG distributorships, 733 Lubes distributorships, 123 POL storage locations, 52 LPG Bottling Plants, 58 Aviation Service Stations, 3 Lube blending plants and 4 cross-country pipelines.

 

With a focus on sustainable solutions, the company is developing a vibrant ecosystem. Bharat Petroleum has been partnering communities by supporting innumerable initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With ‘Energising Lives’ as its core purpose, Bharat Petroleum’s vision is to be the most admired global energy company leveraging talent, innovation & technology.

Tuesday 12 January 2021

Carandbike.com clocks 17 million unique Users in December 2020

 


 

Establishes itself as a strong contender be #1 auto-portal in 2021~

 

Mumbai/Delhi January, 2021: The country’s No.1 automotive website, carandbike.com, has ended 2020 with a bang. In December last year, the website has recorded over 17 million unique visitors and the total number of visitors are at an all-time high of more than 22 million. With visitors from across the globe, carandbike.com has yet again scaled new heights and is one of the best automotive websites out there. With its unbiased views, credible news and detailed reviews, carandbike.com has always been the chosen destination for all those, wanting to get any and every information about the automotive world.

Speaking on this achievement Praveen Loganathan, CEO, carandbike said, “carandbike has always been the best website catering to automotive content and the product. We’ve always brought our viewers credible news, reviews and product related information and the trust of our viewers can be seen in the number of visitors on the website. Reaching 17 million in a month is a big achievement, and we can’t wait for more visitors to join us in our journey.”

carandbike.com has been consistently crossing the 15 million unique visitors mark last year and this at a time when the automotive industry and the entire economy as a whole was on a downslide. The carandbike team kept bringing you the latest updates with new programs like FreeWheeling With SVP, which, both on YouTube and Instagram, provided viewers a platform, to get in touch with the top bosses of automobile company’s and ask any question they wanted to.

Talking more about the team’s efforts Siddharth Vinayak Patankar said, “We’ve continuously tried to re-invent ourselves as a team and our strategy to innovate at the time of a crisis has certainly paid of. We’re proud of the achievement and we are already excited for 2021 for that’s when the carandbike awards will take centre stage, another unique proposition! Can’t wait!”

While news, reviews and videos form the basis of what carandbike.com has to offer.  carandbike lists over 42 manufacturers and 336 models to help users to make an informed choice. Users can not only browse new cars, upcoming cars, car price, car dealers, car reviews, and compare cars, but also use our car recommendation section and total cost ownership section. The recommendations are based on a sophisticated algorithm that also combines user preference with expert ratings.


TiE Mumbai assists Startups to explore ideas, pivots and business models

 

Mumbai, 12 January 2021: TiE Mumbai has continuously assisted young businesses and entrepreneurs in India. Its mentoring support to start-ups has made the journey for start-ups to scale up possible for several businesses. In its endeavor to support Entrepreneurs to continuously adapt to our changing world, TiE Mumbai organized several online knowledge sessions to help pick up new trends, innovate and evolve faster.

“Our online sessions are extensively researched and well participated. They include masterclasses, panels, investor sessions, mentoring workshops, Ask Me Anything sessions and Demo Days. Topics span across technology, business, legal, HR, financial, and fundraising themes.” said Naveen Raju, Executive Director, TiE Mumbai.

Some of the online sessions organized in the past month by TiE Mumbai were –

Global Charter Member Mixer - TiE Mumbai co-hosted the TiE Global Charter Member Mixer along with TiE London & TIE Africa at TIE Global Summit. TiE Global Summit took place on 8th Dec - 10 Dec 2020, which was a Virtual Conference of world leaders, entrepreneurs, investors and mentors. This summit brings together the TIE entrepreneurial community together. This Global Charter mixer co-hosted by TiE Mumbai focused on the Emerging Global Fintech Scenario.

 

Funding Your Startup and Other Nightmares- This was a conversation between K. Ganesh Founder, Growth Story & Promoter, Bigbasket, Portea Medical in conversation and Dr Dhruv Nath, Angel Investor & Director, Lead Angels Network along with Sushanto Mitra Founder & CEO, Lead Angels  who are the co-authors of the book- Funding Your Startup and Other Nightmares. It revolved around the stories of early-stage start-ups and how they successfully managed to raise funding. It also brought forth stories of failures – start-ups that couldn't raise funding, and why. The authors discussed the book which has interviews of some of the most accomplished founders in the world of business, such as Deep Kalra of MakeMyTrip, Yashish Dahiya of PolicyBazaar, Dinesh Agarwal of IndiaMART and Sairee Chahal of SHEROES. Their stories all come together in a useful 'PERSISTENT' framework, which helps make a start-up investment ready.

Launch of #Ideapad at #tiefoodnetwork – This is a unique pub where startup founders can unwind and get their ideas validated, queries resolved, pitch for core team members and scout co- founders among peers and speakers. Away from One-sided webinars this is an interesting hybrid concept which included Expert Panel Talk and the newly introduced “The Idea Pub”. The feedback and recommendations are not restricted to only panelists but its open to our larger audience & members. 

Scaling up your Start-up- Financial Hacks for success – This webinar by Peachtree Management Advisors focused on effective cash flow management, attracting and sourcing capital and debt and improvement of unit economics. It also helped understanding key financial and business levers that affect businesses, sharpen/ refine go-to -market focus, setting and tracking KPIs and planning, preparing and managing investments.

 

Some sessions being planned in the current month are-

Building A World Class Product| A Product Management Series – This session was moderated by Sandeep Laxman - Head, fintech BD, AWS and the speakers were Naman Sarawagi - Co-Founder & CEO, Refrens and Khanjan Desai - Product Manager, Razorpay. This was well attended by 45 CMs and peers alike with most of them having started investing already.

 

The Entrepreneur Wellbeing Series - Kick Off – Shayamal Vallabhjee, High-Performance Coach to CEO's Elite Athletes, Organisations, Celebrities and Amit Mookim, President, TiE Mumbai will be the speakers of this much anticipated session. This is a the first of its kind, offering a 360-degree approach to well-being of entrepreneurs focusing on their fitness, diet, mental well-being, positive thinking and sports fitness etc.

 

Besides these, other sessions like Key Legal Mistakes to Avoid while Doing Business in USA by Aaron Schildhaus - Pricipal, Martorello Schildhaus LLC and Vishal Gandhi - Founder, Gandhi & Associates, Venture Investing Masterclass by Sanjay Mehta, Founder & Partner, 100xVC, Idea Validation Hotline, Spot Mentoring and TiE Mumbai Healthcare Summit are also being planned.

 

About TiE Mumbai

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE : mentoring, networking and education, funding and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community. TiE’s focus area is to generate enable the next generation of entrepreneurs. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs.

 


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