rashtriya chemicals and fertilisers company
TRANSCRIPT
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By:
Sunny Srivastava
DM-05-058
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Rashtriya Chemicals & Fertilizers Ltd.(RCF) is one of the leading
companies in the area of fertilizers and industrial chemicals in India.
Rashtriya Chemicals and Fertilizers Limited is a Companyincorporated under Companies Act 1956.
RCF as a corporate body and Government of India undertaking is
responsible to the people of India, the Government as owner,
Government as Government, Consumers, Employees, the Society at
large and Posterity.
RCF is one of the few public sector undertakings making profit almost
every year since its inception
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To encourage employees to find out solutions to problems in their working
areas for a better productivity.
To reduce wastage of any kind- man-hours, materials, energy, money, raw
materials etc.
To aim at International standards of excellence in production and quality of
products and services.
To produce and market fertilizers and chemicals efficiently and
economically in an environmentally sound manner.
To give opportunity to employees ideas in creativity and fulfill their desire
for recognition.
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To increase the total sales volume and market share particularly in the
primary marketing zone of the Company.
Availability of wide range of quality Chemicals and Fertilizers Products
including micronutrients, bio- fertilizers etc both from indigenous andimported sources.
To conduct free soil testing services in any of its six static soil testing
laboratories or five mobile testing laboratories.
To conduct Dealers training programmes.
To tap the market potential available through trading operations. The
Company assures its ultimate customers that it would undertake .
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1995:Shri Ramesh Pillay, Sportsman [Hockey] was conferred Shiv Chatrapati
Award by the Government of Maharashtra for the year 1994-95.
1996:The President of India has appointed Shri S.Balan as full time Director[Finance] w.e.f. 8.4.1996. Shri Pradeep Singh has been appointed as Chairman and
Managing Director w.e.f. 18.7.96.
1998:The Company is one of the first Companies to sign Agreement with NSDL for
trading its scrips in Electronic form.
1999:The Company, has signed an agreement with Central Depository Services
[India] Ltd.[CDSL] on 24.2.99 for trading the Company's shares in electronic form the
for benefit of the Shareholders of the Company.
2001:RCF submitted expression of Interest to acquire the fertilizer plants of SAIL
and Pradeep Phosphate.
2003: RCF posted a net profit ofRs. 31.8million for the quarter as against the net
loss the previous year.
2005:RCF signs MOU with Hindustan Petroleum Corporation Ltd
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(I) support for water supply/conservation programmes
(ii) Educational facilities
(iii) Health and sanitation
(iv) Afforestation, wasteland development and promotion of
environmental enrichment activities
(v) Animal Husbandry
(vi) Development of agriculture and cottage industries.
(vii) Support to vocational training institutions for upgrading the skill of
the local people.
(viii) Support to economic activities around production complexes forweaker sections of the society.
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Trombay Unit ofRCF is encouraging its employees to think and givesuggestions/solutions for reducing energy cost.
An opportunity in the form of Quality Circles to those who perform
better in a team.
The companies employees are given freedom to think, facilities toprosper themselves along with benefits to the company. Tangible
benefits to the company and its employees are clearly visible through
innovations brought by employees in their working area.
The intangible benefits like better knowledge, learning tools andtechniques of analysis in arriving at a solution, increased confidence
and believing in themselves that they can also think and contribute to
the energy cost reduction process which is continual.
True that there is no limit to the mans thinking process and benefits
he can derive for himself and his organisation.