GAIL’s Annual Report for 2020-21 wins ‘Gold Shield’ in ICAI Awards for Excellence in Financial Reporting

New Delhi: GAIL (India) Limited’s Annual Report and Financial Statement for the year ended 31st March 2021 has won the ‘Gold Shield’ in the Institute of Chartered Accountants of India Awards for Excellence in Financial Reporting for 2020-21.

Dr Jitendra Singh, Union Minister (centre) presenting the ‘Gold Shield’ in the ICAI Awards for Excellence in Financial Reporting for 2020-21 to RK Jain, Director (Finance), GAIL (on his left)

R K Jain, Director (Finance), GAIL received the award on behalf of the company from Dr Jitendra Singh, Minister of State (Independent Charge) of the Ministry of Science and Technology; Minister of State (Independent Charge) of the Ministry of Earth Sciences; Minister of State in the Prime Minister’s Office, Public Grievances and Pensions, Department of Atomic Energy and Department of Space.

The award, in the Category XI – Public Sector Entities of ICAI Awards for Excellence in Financial Reporting for the year 2020-21, was given after reviewing the accounting practices adopted by participating enterprises while preparing their financial statements, the policies adopted for disclosure, and presentation of financial statements, among other information contained in the annual report. On the basis of degree of compliance with Indian Accounting Standards, Accounting Standards, statutory guidelines, regulations, etc., Gold Shield, Silver Shield and Plaque are awarded to the best, second best and commendable entries respectively. BW

Comments

India Book of Records attains new level of popularity

New Delhi: India Book of Records (IBR), the most reputed chronicle of unique records, has been gaining popularity among the talented individuals, who display tremendous courage and creativity. A few of the leading records of this week include the fastest expedition from Kashmir to Kanyakumari in an EV, the fastest construction of a net zero library, the fastest child to complete the Chadar trek in Ladakh, maximum push-ups in 1 minute, the maximum quantity of millets prepared in a single vessel, the largest model of Eiffel Tower made using matchsticks, and many more. The record for performing the fastest expedition from Kashmir to Kanyakumari in an EV (Tata Nexon EV MAX) was set by EVO India Magazine. The car covered a distance of 4003 km in 95 hours and 45 minutes. It also made records for the maximum distance covered in 24 hours by an EV and the maximum distance covered by an EV on a single drive. The fastest construction of a Net Zero Library was an achievement made by Univast

Punjab Kings, Gujarat Titans & other teams face music on copyright issue

Preity Zinta (Punjab Kings) New Delhi: The Recorded Music Performance Ltd (RMPL) the sole Copyright Society registered by the Government of India for managing Sound Recordings, has filed a suit for copyright infringement for songs played at the Gujarat Titans games played at Narendra Modi Stadium, in Ahmedabad on behalf of one of its members. It is to be noted that a police complaint for copyright infringement of a song against Punjab Kings (PBKS) has been filed by RMPL in Mohali near Chandigarh. A police complaint has also been made in Lucknow against Lucknow Supergiants (LSG). Mr. Sowmya Chowdhury, CEO of RMPL stated that RMPL is on its way to creating a platform in India where all Music Labels registered with RMPL, will get their rightful dues. “We ensure that the users of the music belonging to our members are provided due information about the Copyright Act well in advance. But if they still choose to ignore and willfully commit a cognizable offense, then we will be forced

International Education Fair 2024 to be held on Saturday, Mar 23

Sri Ganganagar (Rajasthan): Bookmark Education Services, popularly known as BM Education, proudly presents the International Education Fair-2024, a pivotal event tailored to empower and guide students towards their dreams of studying abroad. Scheduled to take place at Hotel Prime Presidency, Sukhadiya Cir, Chowk, Sri Ganganagar, Rajasthan on Saturday, March 23, 2024, starting at 10 am, this fair promises to be a gateway to a world of educational opportunities. “The study visa seminar-cum-fair, meticulously curated by BM Education, aims to demystify the intricate process of applying for study visas in leading nations,” said Arshdeep Singh, Manager, Bathinda and Chandigarh Branch, BM Education. With a focus on prominent destinations such as Canada , UK , Australia , and Ireland , attendees will gain invaluable insights into the entry requirements, course offerings, and recent updates pertinent to international students, informed Singh. “Moreover, the seminar will provide ess

Sun Observer

Search This Blog