News Release Details
Director (Refineries) felicitates IndianOil leaders on the occasion of 44th IndianOil Day
New Delhi 06-Sep-2007
“IndianOil is now well into ‘The Next Phase’ of its growth and development. While we strive to be a transnational energy giant, our dream is to do even more”. This was shared by Director (Refineries) Mr. B N Bankapur while addressing IndianOil employees on the occasion of the 44th IndianOil Day Celebrations. Director (Refineries) felicitated the veteran IndianOil retired employees and also the awardees of the IndianOil Suggestion Scheme – a unique initiative to harness creativity and innovation for higher productivity. Mr. Bankapur said that that in the face of innumerable hurdles, it was the crusading zeal of the early pioneers that was responsible for putting India’s petroleum refining and marketing industry on a firm footing. IndianOil has grown from strength to strength over the years and today is undoubtedly a leader. From a sale of 32,000 KLs. in 1960-61 to selling 54.8 million tonnes of petroleum products in 2006-07, and sales turnover of Rs. 109 crores with a modest profit of Rs. 1 crore to becoming the country’s first organization to attain the turnover of more than Rs. 2, 00,000 crore in 2006-07, the story of IndianOil has been one of phenomenal growth and a national success. Emphasizing the role played by the early leaders in scripting the biggest corporate success saga, Mr. Bankapur recalled that during IndianOil’s great onward march, IndianOil men and women toiled relentlessly and against all odds and gave their best to create an all time record in the field of performance unmatched by any private or public sector organization in the country. Today, as IndianOil is poised to soar into new horizons, we look back to gain confidence and inspiration from our early leaders and past achievements to carry forward the great legacy of rendering tireless service to the nation. This IndianOil Day we are felicitating the senior IndianOil leaders who with their vision and conviction steered the fledgling company to soar majestically to the zenith, added Mr. Bankapur. Director (Refineries) also launched the Corporate Communications homepage on the R-HQ Intranet. The CC homepage carrying communications from Director (Refineries), Gleanings e-newsletter and relevant information about the Refineries Division can be accessed on the R-HQ Intranet at: <a href=http://refhqintra/ccrhq/ class=normallink>http://refhqintra/ccrhq/</a> The function was attended by ED (Finance), Mr. P K Goyal, ED (Projects), Mr. S K Garg, ED (Operations), Mr. N K Bansal, ED (Projects), Mr. N K Khosla, ED (Human Resource), Mr. Sudhir Bhalla, ex-IndianOil employees and senior officials.
New Delhi 06-Sep-2007
“IndianOil is now well into ‘The Next Phase’ of its growth and development. While we strive to be a transnational energy giant, our dream is to do even more”. This was shared by Director (Refineries) Mr. B N Bankapur while addressing IndianOil employees on the occasion of the 44th IndianOil Day Celebrations. Director (Refineries) felicitated the veteran IndianOil retired employees and also the awardees of the IndianOil Suggestion Scheme – a unique initiative to harness creativity and innovation for higher productivity. Mr. Bankapur said that that in the face of innumerable hurdles, it was the crusading zeal of the early pioneers that was responsible for putting India’s petroleum refining and marketing industry on a firm footing. IndianOil has grown from strength to strength over the years and today is undoubtedly a leader. From a sale of 32,000 KLs. in 1960-61 to selling 54.8 million tonnes of petroleum products in 2006-07, and sales turnover of Rs. 109 crores with a modest profit of Rs. 1 crore to becoming the country’s first organization to attain the turnover of more than Rs. 2, 00,000 crore in 2006-07, the story of IndianOil has been one of phenomenal growth and a national success. Emphasizing the role played by the early leaders in scripting the biggest corporate success saga, Mr. Bankapur recalled that during IndianOil’s great onward march, IndianOil men and women toiled relentlessly and against all odds and gave their best to create an all time record in the field of performance unmatched by any private or public sector organization in the country. Today, as IndianOil is poised to soar into new horizons, we look back to gain confidence and inspiration from our early leaders and past achievements to carry forward the great legacy of rendering tireless service to the nation. This IndianOil Day we are felicitating the senior IndianOil leaders who with their vision and conviction steered the fledgling company to soar majestically to the zenith, added Mr. Bankapur. Director (Refineries) also launched the Corporate Communications homepage on the R-HQ Intranet. The CC homepage carrying communications from Director (Refineries), Gleanings e-newsletter and relevant information about the Refineries Division can be accessed on the R-HQ Intranet at: <a href=http://refhqintra/ccrhq/ class=normallink>http://refhqintra/ccrhq/</a> The function was attended by ED (Finance), Mr. P K Goyal, ED (Projects), Mr. S K Garg, ED (Operations), Mr. N K Bansal, ED (Projects), Mr. N K Khosla, ED (Human Resource), Mr. Sudhir Bhalla, ex-IndianOil employees and senior officials.