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aapdujamnagar · 1 year
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jobsine · 3 years
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Collections Mgr- Agri Job For 2-3 Year Exp In The HDFC Bank Limited Jamnagar, India - 3898400
Collections Mgr- Agri Job For 2-3 Year Exp In The HDFC Bank Limited Jamnagar, India – 3898400
Job Description :Receivables Management Manage and deliver monthly performance in terms of, resolution, roll backs, recovery rates/ values as per the target set for the assigned portfolio. Review field follow-up for the portfolio managed towards achievement of target set. Monitor the agency / field executives performances periodically. Achieve the money collection under principal, fees & charges…
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gujarat-news · 3 years
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HDFC ંબેંકની ૧.૩૧ કરોડની ઉચાપતના વોન્ટેડ આરોપીનો વડોદરામાં આપઘાત, Gujarat -News
HDFC ંબેંકની ૧.૩૧ કરોડની ઉચાપતના વોન્ટેડ આરોપીનો વડોદરામાં આપઘાત, Gujarat -News
HDFC ંબેંકની ૧.૩૧ કરોડની ઉચાપતના વોન્ટેડ આરોપીનો વડોદરામાં આપઘાત #gujarat #news #gujaratnews #ahemdabad #surat #jamnagar #vadodara #rajkot વડોદરા : સાબરકાંઠા જિલ્લાના તલોદ નગરની એચડીએફસી બેંકમાં ગ્રાહકોના રૃા.૧.૩૧ કરોડની ઉચાપતના કેસમાં બે સપ્તાહથી ફરાર બેંકના સેલ્સ ઓફિસરે વડોદરા તાલુકાના ભાયલી ખાતેના એક ફ્લેટમાં ઝેરી દવા પી આત્મહત્યા કરી લીધી હતી. આ અંગેની વિગત એવી છે કે વડોદરા નજીક ભાયલી ગામે…
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maharajnews · 4 years
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Do follow @maharajnews for trending news update Typically, professional corporate executives pledge shares when they need to raise cash to exercise stock options in In a curious move, Reliance Industries’ (RIL) executive director and Mukesh Ambani’s trusted aide PMS Prasad pledged 600,000 shares of the company last month, which is 93.75 per cent of the total shares he owns in RIL. Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20. Typically, professional corporate executives pledge shares when they need to raise cash to exercise stock options in the company’s shares or invest the money elsewhere. Neither Prasad nor RIL responded to Business Standard’s queries on the reason for the pledge. According to stock exchange filings, Alok Agarwal, chief financial officer (CFO), RIL, had pledged 1.44 million shares in September 2019 and revoked the pledge on 940,000 shares even as he pledged another 225,000 shares last month. He acquired a little over 100,000 shares through the rights issue last month. Interestingly, Prasad’s last trading activity, prior to the pledge was in September 2017, when he sold 136,666 shares. HDFC Bank’s managing director (MD) Aditya Puri, who was recently in the news for exiting 95 per cent of his stake in the bank, had also pledged his shares in 2018 and 2019 to exercise stock options. Prasad is considered one of RIL’s senior most executives, often credited for the Jamnagar refinery complex establishment and later steering RIL’s gas business ambitions. RIL’s shares have nearly doubled in the last four months. On March 27, the stock was trading at Rs 1055.9 per share. RIL on Wednesday, closed at Rs 2095.85 a share on BSE. The company has been on a stake sale spree for its digital business Jio Platforms, with minority stakes sold to global giants such as Google, Facebook and a slew of financial institutions. RIL has so far raised a total of Rs #news #trending #new #jio #relince #mukeshambani #rich #richest #india #mumbai #bbc #aajtak #nitaambani #jeffbezos #billgates #markzuckerberg #warrenbuffet #elonmusk #petrol #design @maharaj_news @cnnnews18 @aajtak @samarthshreyakar (at New Delhi, India) https://www.instagram.com/p/CDT98u3n2sP/?igshid=unlorunjfbua
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swedna · 4 years
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In a curious move, Reliance Industries’ (RIL) executive director and Mukesh Ambani’s trusted aide PMS Prasad (pictured) pledged 600,000 shares of the company last month, which is 93.75 per cent of the total shares he owns in RIL.
Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.
Typically, professional corporate executives pledge shares when they need to raise cash to exercise stock options in the company’s shares or invest the money elsewhere.
Neither Prasad nor RIL responded to Business Standard’s queries on the reason for the pledge.
According to stock exchange filings, Alok Agarwal, chief financial officer (CFO), RIL, had pledged 1.44 million shares in September 2019 and revoked the pledge on 940,000 shares even as he pledged another 225,000 shares last month. He acquired a little over 100,000 shares through the rights issue last month.
Interestingly, Prasad’s last trading activity, prior to the pledge was in September 2017, when he sold 136,666 shares.
chart HDFC Bank’s managing director (MD) Aditya Puri, who was recently in the news for exiting 95 per cent of his stake in the bank, had also pledged his shares in 2018 and 2019 to exercise stock options.
Prasad is considered one of RIL’s senior most executives, often credited for the Jamnagar refinery complex establishment and later steering RIL’s gas business ambitions.
RIL’s shares have nearly doubled in the last four months. On March 27, the stock was trading at Rs 1055.9 per share. RIL on Wednesday, closed at Rs 2095.85 a share on BSE. The company has been on a stake sale spree for its digital business Jio Platforms, with minority stakes sold to global giants such as Google, Facebook and a slew of financial institutions.
RIL has so far raised a total of Rs 2.13 trillion through the combined investments in Jio Platforms, a rights issue, and investment by BP.
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Petrochemical majors step on expansion gas pedal
India’s manufacturing sector may not be seeing an investment pick-up but major petrochemical companies are in the process of mega investment plans for capacity enhancement. Reliance Industries (RIL) commissioned the first phase of a paraxylene (PX) plant at Jamnagar, Gujarat, last month; it says it hopes to become the world’s second-largest PX producer on full commissioning. Government-owned GAIL (India) and Hindustan Petroleum Corporation (HPCL) plan a Rs 30,000-crore petrochem unit in Andhra. IndianOil Corporation (IOC) plans to invest Rs 34,000 crore in a petrochem complex at Paradip in Odisha by 2021. The first unit, to produce polypropylene, is scheduled to be completed at a cost of Rs 3,150 crore by December this year. Bharat Petroleum Corporation (BPC) is planning a propylene derivative petrochem project at its Kochi refinery, at a cost of Rs 4,600 crore. GAIL’s plant at Andhra is part of a plan to expand its presence in petrochemicals. The unit will have three feeds - naphtha, ethane and propane. Naphtha will be supplied from the Visakhapatnam refinery of HPCL, through a 150-kilometre pipeline. The ethane and propane feeds will be imported, via the Kakinada port. The complex will produce a million tonnes of ethylene with derivatives, to go into manufacturing of detergents, paints and coatings, cosmetics and textiles. A detailed feasibility report (DFR) is under work. “It will take probably six months for the DFR, financial appraisal and approval process to complete,” B C Tripathi, chairman and managing director of GAIL, told this newspaper. GAIL and HPCL joined hands after HPCL’s plans to team with France’s Total, the Lakshmi N Mittal Group and Oil India for a 15-million tonne a year unit at Visakhapatnam was put on the back burner, citing viability issues. The two partners are now in talks to bring in a third. There are also plans to import ethane from the US for the plant. GAIL has interest in three petrochem plants, including its own complex at Pata in Uttar Pradesh that has been expanded to a capacity of 81,000 tonnes annually. It has 70 per cent equity in a joint venture company, Brahmaputra Cracker and Polymer (BCP), at Dibrugarh, Assam. GAIL also has stake in Oil and Natural Gas Corporation Petro additions’ (OPaL) new petrochem project at Dahej, to produce high and low density polyethylene, or PE, (HDPE and LLDPE) and polypropylene. “We are also working on stabilisation of our plant at Pata, where we have reached capacity utilisation of 70 per cent. We will try to scale up Pata and BCP to 100 per cent utilisation over the next five-six months,” said Tripathi. BCP, at Lepetkata in Assam, has a capacity of 280,000 tonnes per annum. Though India imports certain categories of petrochem, it is also an exporter of some. GAIL exports HDPE and LLDPE to Bangladesh, Nepal, Vietnam and China. HDPE and LLDPE account for 88 per cent of India’s total PE consumption. According to a recent HDFC Securities report, PE consumption in India grew at a compounded annual rate (CAGR) of seven per cent in the five years ended 2015. However, production India company news grew only a five per cent yearly. “This has made India a net importer of PE. The import share in total consumption has increased from 14 per cent in FY08 to 42 per cent in FY15.” However, over the next two to three years, the demand-supply scenario will reverse. Indian players are almost doubling total PE capacity, which remained 2.9 million tonnes a year over those five years. “RIL, GAIL, IOC and Haldia Petrochemicals (HPL) are key PE players in India. HPL was operating at lower utilisation due to working capital funding issues,” the report said. It cited studies by Assocham and GAIL to suggest demand for PE in India will rise at a CAGR of eight per cent over the next few years. “Indian will again become a net importer of PE in two years, even if all planned capacities come online,” said the report. Refinery plans of all petroleum refiners are linked to their petrochem plans. BPC, for instance is investing Rs 4,600 crore, out of its Rs 1.65-lakh crore expansion plan for its Kochi refinery, in a propylene derivative petrochemical project. The company expects to complete the refinery expansion by the end of FY17 and to start operations in 2017. RIL’s investment in the PX project referred to at the outset is part of its refinery and petrochem expansion. “Commissioning of the new PX plant marks the beginning of the culmination of a series of projects, including the refinery off-gas cracker, ethane import project and petcoke gasification. These projects are part of the largest contemporary investment, in excess of Rs 1 lakh crore, in refining and petrochem anywhere in the world,” said Mukesh Ambani, chairman, after commissioning of the first PX unit last month. After full commissioning, RIL’s capacity in PX will more than double to 4.2 million tonnes.
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jobsine · 3 years
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Sales Mgr-Auto Job For 0-5 Year Exp In The HDFC Bank Limited Jamnagar, India - 2290758
Sales Mgr-Auto Job For 0-5 Year Exp In The HDFC Bank Limited Jamnagar, India – 2290758
Job Description :Business NumbersTo achieve targeted Business volume at given WIRR and CoA. Individual target for all verticals are met.DistributionTo have proper distribution mix between Dealer, DSA, Branch and ADC to maintain channel mix and resultant COA advantage.To achieve agreed business growth & cost advantage from new geographiesTo achieve and maintain agreed market share as a percentage…
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