Tag: thirdparty

Chief Secretary Calls For Third-Party Audit Of JK Minerals To Boost Its Performance, Generate Employment

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SRINAGAR: Chief Secretary, Dr Arun Kumar Mehta while chairing the 175th board meeting of Jammu and Kashmir Minerals Ltd, emphasised over the need for a third-party audit to evaluate the performance of the corporation’s mines.
He stated that the audit would assess whether the mines are operating at their optimal condition and determine if there is potential to generate more employment within these mining facilities.
Dr Mehta also called for the development of a mining plan, with expert consultation, to increase the output of the Kalakote coal mines.
The Chief Secretary urged upon the Corporation that all of their activities should aim at boosting the economy of Jammu & Kashmir. He commended the corporation’s financial records over the past three years and suggested holding quarterly meetings for better coordination and implementation of decisions.
During the meeting, the Board unanimously agreed that in order to avail the funding under NMET (National Mineral Exploration Trust), J&K Minerals Limited shall surrender the Lease Hold Rights of Sapphire Mine so that Ministry of Mines can take up the work.
Furthermore, the Board approved e-Auction of rough sapphire to promote transparency.
The Board members in attendance included Secretary Planning Development & Monitoring, Dr Raghav Langer; Secretary Mining, Amit Sharma; Director, Geology & Mining, OP Bhagat; Managing Director, JKML, Vikram Gupta; DG Codes, SL Pandita besides officers from other concerned Departments

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#Chief #Secretary #Calls #ThirdParty #Audit #Minerals #Boost #Performance #Generate #Employment
( With inputs from : kashmirlife.net )

April 18, 2023
Chief Secretary calls for third-party audit of JK Minerals to boost its performance, generate employment

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Jammu, April 18 (GNS): Chief Secretary, Dr Arun Kumar Mehta today chaired 175th board meeting of Jammu & Kashmir Minerals Ltd.
During the meeting, the Chief Secretary emphasised over the need for a third-party audit to evaluate the performance of the corporation’s mines. He stated that the audit would assess whether the mines are operating at their optimal condition and determine if there is potential to generate more employment within these mining facilities.
Dr Mehta also called for the development of a mining plan, with expert consultation, to increase the output of the Kalakote coal mines.
The Chief Secretary urged upon the Corporation that all of their activities should aim at boosting the economy of Jammu & Kashmir. He commended the corporation’s financial records over the past three years and suggested holding quarterly meetings for better coordination and implementation of decisions.
During the meeting, the Board unanimously agreed that in order to avail the funding under NMET (National Mineral Exploration Trust), J&K Minerals Limited shall surrender the Lease Hold Rights of Sapphire Mine so that Ministry of Mines can take up the work.
Furthermore, the Board approved e-Auction of rough sapphire to promote transparency .
The Board members in attendance included Secretary Planning Development & Monitoring, Dr Raghav Langer; Secretary Mining, Amit Sharma; Director, Geology & Mining, OP Bhagat; Managing Director, JKML, Vikram Gupta; DG Codes, SL Pandita besides officers from other concerned Departments.(GNS)

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#Chief #Secretary #calls #thirdparty #audit #Minerals #boost #performance #generate #employment
( With inputs from : thegnskashmir.com )

April 18, 2023
Apple begins laying off third-party contractors: Report

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San Francisco: Apple, the only Big Tech company that has avoided mass layoffs to date, has reportedly started laying off third-party contractors.
The New York Post reported, citing people with direct knowledge, that the iPhone maker has started to cut ties with hundreds of contractors quietly.
“Instead of waiting for contracts that are typically renewed every 12 to 15 months to expire, Apple is firing contractors outright,” said the report, citing sources.
Apple did not comment on the report.
According to the report, firing contractors is a move to cut costs.
The company hasn’t disclosed the size of its contractor workforce, but reports suggest it numbers in the thousands.
Apple CEO Tim Cook had called layoffs at the company a “last resort kind of thing”, adding that “You can never say never”.
Cook had told the Wall Street Journal that Apple is managing costs very tightly.

“We want to manage costs in other ways to the degree that we can,” he was quoted as saying.
Apple faced supply chain disruptions in October and November as China faced Covid surge and protests erupted at its key supplier Foxconn’s main factory in the country.
Cook said that Covid-related challenges “significantly impacted the supply of iPhone 14 Pro and iPhone 14 Pro Max and lasted through most of December”.
As a result of a challenging environment, “our revenue was down 5 per cent year over year”, he added.
According to Wedbush tech analyst Dan Ives, Apple didn’t overhire during the pandemic.
Apple’s employee count went up by about 7 per cent in 2022 compared to 2021.
Cook has already taken a huge pay cut of $35 million, or more than 40 per cent of his compensation.
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( With inputs from www.siasat.com )

February 17, 2023