Journey of a Mechanical Engineer turned Stock Market Expert
After completing Mechanical Engineering, Er. Lalit Mundra chose uncharted path of Bombay Stock Exchange, as he joined Suresh Rathi & Company as Operations Head in the year 1990. For an Engineer it was completely unknown territory, but with hard work and dedication Er. Mundra learned the tricks of the trade. ” from physical trading when we used to jot down orders on paper to complete digitalization of bourse, from the settlement timing of T+15 to settlement timing of T+2, from no KYC to E-KYC, Stock exchange has witnessed a complete change in last more than 3 decades. There has been a constant improvements in Capital Market because of Regulatory changes. I am a witness to all these proceedings. We were one of the first brokers to test the BSE BOLT on VSAT and also we were one of the first Depository Participants.” informs Er. Mundra.
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Er. Deepak Jain- Working Across The Continents
By the age of 36, on behalf of these companies, he got repeated opportunities to travel all around the world to about 50 countries, across continents. This was truly a fantastic and great learning experience. He travelled to remote corners in Africa/South America/Asia, all by himself. Those were the times when there was no laptop or mobile phone available. He honestly feels that time spent at MBM taught him to be adventurous and he never felt afraid to travel alone anywhere.
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Er. P.C. Dhariwal : Pioneer in Mining in the vicinity of Urban Areas
Mining sector in India is plagued by several environmental and health and safety related problems. The extraction of minerals from nature often creates imbalances, which adversely affect the environment. Mineral extractions become more difficult and challenging, when a mine is near to a thickly populated area and safety of the people becomes more important then other factors. Noise level, vibrations, air blast have to be kept in control so that mining doesn’t pose any threat to safety of the people. Pioneer and established player in cement Industry JK Group at their Nimbahera ( Rajasthan ) plant were facing a predicament situation. The main limestone mines were located in close proximity to a village, on one side it was a state highway and on the other side busy railway line was passing. It was an onerous task extracting the ore from this mines. Leadership team of JK group zeroed on a young and energetic Mining Engineer Mr. Padam Chand Dhariwal to carry out this task and it was no surprise that Er. Dhariwal came out with flying colors and justified the confidence of his seniors. Er. Dhariwal , an MBM Engineering College alumnus of 1968 Mining batch not only carried out safe mining, keeping in mind the safety of the people and public property but also achieved such great heights in his career that he received coveted Simmind award for the year 2008-2009 for the meritorious services rendered to limestone Industries of India. He was such a wonderful asset to the organization that he got 4 extensions in his service after retirement. The self belief, hard work, dedication and discipline are the virtues, which can easily be attributed to the towering personality like Er. P.C. Dhariwal.
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Er. Jhilmil Kochar: The woman of Substance
She represented the school and Jodhpur district in the high jump, 400m relay race, and 200m in classes VII, VIII, and IX. Got the opportunity to represent Rajasthan in class X in National level sports camp, but her father refused due to Boards that year. She was the school sports captain in Class XI. Since childhood, an avid fiction reader, and sketcher, all the walls of her house used to be decorated with her sketches. She would draw cartoons of her teachers in class, and get punished. Just before the examinations of the XI-th board, she suffered from Typhoid and was forbidden to touch books for more than 25 days. Everyone thought she would barely scrape through the boards. But when the results were out, lo and behold, she not only cleared the examinations with 94%, but bagged 3rd rank in the merit list in the science stream in Rajasthan Board. Earlier, in the X-th board she bagged 7th rank in merit list with 90% aggregate; in B.Sc. First-year, she was the topper of her class. The protagonist of our story is immensely talented, versatile and an accomplished professional Er. Jhilmil Banerjee Kochar. MBM alumnus, Er. Kochar completed her BE in the year 1990 with a gold medal in Electronics & Communications branch. In this edition, we have chronicled the fascinating and inspirational journey of Er. Kochar.
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Man of Mettle
His rare blend of managerial and technical skills enabled him to rise to the highest post of Chief Executive Officer and Whole Time Director – and lead HZL from 2012 to 2015. Under his strong fundamentals of the core subject- Mining, HZL took giant strides transforming the latter into the largest integrated zinc producer in the world producing over 1 million tonne Zinc and Lead smelting capacity from a sleeping PSU trailing over 0.3 mtpa (million tonnes per annum). It bears testimony that a Company having its Lead (CEO) with expertise in the core subject (mining) can grossly change footprints of DNA of progress. His “out of the box” thinking and global vision manifested to exponentially ramp up (tripling-up) the production capacities of all its captive mines. Production of Rampura Agucha Mine (RAM) was ramped up to 6.5mtpa in 2011-13 making it the largest Lead Zinc producing mine in the world. Similarly, the Sindeswar Khurd mine was steered to produce more than 5mtpa thus becoming the largest and most mechanized underground metal mine of India. Similar blueprints were made for the phenomenal ramp-up of production of Zawar Group of mines and Kayad mines.
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