V.O.Chidambaranar Port bags National Award for Excellence in Cost Management
Posted on:04 Jun 2016 15:28:37
04 June 2016 Current Affairs GK: V.O. Chidambaranar Port has bagged National Award for Excellence in Cost Management for the year 2015 from The Institute of Cost Accountants of India under the category of Public Service Sector- Small.
The port participated in the 13th National Awards for Excellence in Cost Management-2015, organised by The Institute of Cost Accountants of India. This is the third time this port is receiving the award , the earlier years being 2008 and 2012.
The award has been given for exemplary performance of V.O. Chidambaranar Port towards optimization of manpower, savings in electricity, implementation of Solar Energy Systems, reduction of overall cost of handling by mechanization and improvising efficiency and logistics support.
The Institute of Cost Accountants of India, a statutory body under an Act of Parliament, presents awards for excellence in Cost Management to promote and recognize Cost Management practices in the Corporate Sector. The awards under various categories were selected by a Jury panel headed by Honble Justice Mr. V.N.Khare, former Chief Justice of India and persons of eminence from Industry, Government, Judiciary and CMA profession.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail