Digitally signed by KETANNANDKISHOR THAKERDN: cn=KETAN NANDKISHORTHAKER, c=IN, o=PersonalDate: 2020.05.15 11:30:50 +05'30'

KETANNANDKISHOR

THAKER

Business Standard MUMBAI I FRIDAY, 15 MAY 2020 COMPANIES 3 S O U T H C O U T I L I T YHoadOfftto Coortpeta Brihmapur GanJam 760004 e-Ma I procurem�ntsootnco@s,:,�coodlshil.com Wob ,.,._,outhcood5ha tom

E- TENDER NOTICE NO SOUTHCO UTIUTY/CAPEX/IT ITEMS/2512020 21 DATE 14-05-2020 Foc and on behalf of SOUTHCO UTILITY, sealed &-tenders are invited for s�ply offollowing IT ilems from reputed

Domestic courier industry staring at bleak future

New le nvestment poti· cy ! :M /System lntegrator/Authonzed ChannelPartnEe��two pa:

::1:;:n�:runder

L�:::

R

0�::::� No Item Descr1pt1on Unit Qty [::�;)

mcludmg GST @12¾ slon of onllne Bid

: 1 DesktopPCw1thW1ndowsOS Nos 340 1 91

ADITIDIVEKA.R Mumbai,ll+May

With about 60 per cent of the domestic courier industry being fragmented and unorganised, it is staring at a bleak future despite the latest set of re­laxation norms from the MinistryofHome Affairs.

"Almost 80 per cent of this industry runs on credit and is largely made up of mid- and small­sized players. With inter-state lockdowns contin­uing and major consuming areas marked as Red zone, business is dead today. Nothing is moving for courier industry players," Manoj Kale, secretary at C.ouriersAssociation of India (CAI) said.

3 600 VAUPS for Desktop Nos 340 0 09 Rs 10 000/ � Up to Upsets Xl·aom1· Oppo's :

2 Laoopw,�W,ooowsOS Nos 240 1 47

, Pnnter(Laser) Nos 200 020 R�\�2:'.i� �1

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consumer finance plans Thei�f.t:�ooebe�.J�=-:,�JlL�--lwwwt-.,a,d canf30UT>,OO

REUTERS NM Delhi/Mumbai, 14May

T ougher scrutiny of foreign investment has soured the plans of China's smartphone

manufacturers seeking to expand beyond selling hardware for a big­ger share of the country's competi­tive financial services market.

Xiaomi and Oppo, with more than 100 million in oombined smart­phone users in the country, cannot directly lend to consumers without a shadow banking licence and have partnered Indian financial compa­nies to provide funds for services offered on their platforms.

Compjete se1 of bdding documents are available in www.tenderwiVJrd.com ISOUTHCO p:>rtal from Dt 15.05.2020 / 10.01AM onwards (as per the e-lender schedule). Interested bidders may visit SOUTHCO's official web site www.southcoodisha.com or www.tenderwizard.com /SOUTHCO for detail specification. N.B: (1) Arrt addendum I corrigendU"ll to this e-Terder Notice shall be upjoaded in the website only.(2) Southco Utility reserves the right to accepl / reject any or ell bids without e:ssigning eny reasons thereof. Dy.General Manager (Proc.&Store)

Declaratlon of Dividend inler DIYldend Option of Kotak Emerging Eqwty Fund Nctice is hereby given that 1/J:Jtak Mailndra Trustee Company Limited; the Trustee to Kotak Mahildra Mutual Fund has ai>f)l'CHe<l decla-atlon ol dMdend under Kotak &nerglng E(1.Jity Fund, WI �n ended equity scheme J)fedomiMltly investing In mi:! cap stocks.Thedetailsareasunder:

Nameofthe Scheme

Kota<;&nerging Equity Fund- Re9Wr

Quantum of dividend perunitt

Reeord Oate

Re.0.536 Plan - Dividend Option r-- - - - - -- -+-- - -------1 May20,2020

KDtak &nerging EquityFund - Direct Plan - Divldend�tion Re.0.634

FaceVakle perunlt

Rs. 10

NAVsason May13, 202CI

Rs.18.0690

Rs.21.3480

CAI is formed to promote and protect the interest of the small- or medium-sized Indian courier companies operating both in the domes­tic and international sectors. "With internation­al flights, too, not operating, even overseas busi­ness is nil for domestic courier companies. Currently, nearly 95 percent of domestic courier business has halted. Only those working as fran­chise of large players and the big players them­selves are ruling the market," Kale added.

The courier industry in India is made up of var­ied players starting from large multinational fir­mssuch asDHL, United Parcel Service (UPS) and FedEKlndiatodomestic

Xiaomi in December launched itsonline lending service Mi Credit in India, connecting users with Indian lending firms to access small loans. By the end of 2019, its platform had disbursed loans worth $16.S million.

keL .. This (rule change) will have a dampening effect," said an indus­try executive familiar with Xiaomi's consumer fmance plans.

monitor FDI from companies based in neighbouring countries, in what was widely seen as a move to keep Chinese firms from taking stakes in distressed local businesses amid the coronavirus crisis. China has called the rules "discriminatory".

#Distr1bulionoltheabovedivklendissubjecttotheavailabiftyalldadequa::yofdistribtialllesurplus. Note:ThePaymentofDivldendwillbesulijecttocleducti<r1olapplcOOlestatutoryLevy. Purruantto payment of dividend, the NAVs of the Dividend Option of the Scheme mcjd fall to the extent of payout and statutory levy ff any.

ulffil companies comprising - BlueOart,CYfOCCourier

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Oppo introduced asimilar fman­cial services model Oppo Kash in March. The Chinese phone brands, however, are keen to establish their own non- banking financial compa­ny (NBFC) which will help in1prove margins by allowing them to direct­ly sell financial productstotheirpool ofsmarrphone users, people familiar with their plans said.

That is because India's new for­eign direct investment (FDI)rules add another layer in an approval process already incumbered by red tape, a lack of transparency and wor­ries that Chinese investors are encroaching into Indian businesses.

For Xiaomi and Oppo -both of which sources say have been waiting for around a year to get an NBFC approval from the RBI -the policy comes when India's smartphone shipments are likely to decline by 10 per cent this year due to the coron­avirus-led slowdown.

All Unit Holders / Benelk':ial Ownin ol the abOve mentbned Dlvilend Option ol lhe schemes, whose names appear In the rea.m!s of the Registrw, Computer Age Managemoot Services Pvt Ltd. / Depositories as <r1 May 20, 2020 will be eligible to receive thedividend.

MLnbal May14,2020

For Kotak Malmi1h Asset Mana!llttTl!lfit Company Limited Investment Manager• Kotak Mahindra Mutual Fmd

Sd/­NlleshShah

ManaglngDhctor

TOUGH TIMES ► 80%of domestic

courier industry runson credit

portesrs, with low-digi­tal technology deploy­ment for operations, will suffer on account of inabilityofallofficestaff to reach office or be functional at the same time," said Anjani Mandal, chief executive officer (CEO) at Fonigo Networks and Logistics.

"India is a very important mar-

The Reserve Bank of India (RBO has been cautious about issuing such approvals after the near col­lapse of one major lender in 2018, and it may now go even slower. In April, the government said it would

Xiaomi and Oppo did not resp­ond to a request for comment.

My l'.J}l!�es/ clamicaltlns in l'lis re9a'd may be addressed to· Kotak Mahindra Asset Management Con1)any Llrnlted

CIN: U65991MH1994PLC080009 Pnvestment MalagerforKotak Mahindra Mutual Fund) 6th Floo', Kctak TOWl!fS, Bl.ilding No. 21, lnlirity PiD, O'f: We!tem E,;press Higlmay, Goregllln · Mulund Link Road, Malad (East�

Murrbal 400097. Ph<r1e Nllllber: 022 - 66056825 • Email: mubJalCta:>tak.corn • 'Nebsle: assetmanagementkciak.oom Mulllal FWld lnvestnl'!nts are SUIJeetto mart et 11sks, read al scheme related docLnents carefuly.

► 95% of mid-and

small-sized section of the industry has halted business

► lone-wise restrid:ionsmaking businesstough

► Companies may have to downsize post-tockdov-.rn

Bengaluru-based Fortigo, which provides services across India, is a truck network funded by Nandan Nilekani and Acee! Partners. "Due to zone-wise restrictions, we cannot commit to customers. Moreover, current cash

flow do not have the ability to carry the overheads of pre-lockdown days as it would take time for demand to get back to normal . Afterlockdown, we may be forced to downsize operations," said a senior official with Mumbai-based Professional Couriers on condition of anonymity.

Some of the organised players are better equipped to tackle theongoinglockdown related issues. "Thanks to our investment in other tech­nologies we were able to move all our non-oper­ational processes, which depend on administra­tive and managerial resources, including sales, finance, IT, customer service to completely oper­ate in remote locations, with all the key resources working from home," said Abhishek Chakrabony, executive director ofDTDC Courier.

The company has handled more than 10,000 tonnes of essential goods during the lockdown, including PPE kits, Covid-19 test kits, life-saving drugs and other equipment. With revenues of over t200 crore, DTDC has grown its presence over the year through both the organic and inorganic growth routes.

Along with DTDC, large player Blue Dart, too, has implemented contactless delivery system. Services of Blue Dart Express have been opera­tional even during the lockdown. "We have been delivering prescribed medicines within India and have offered 25 per cent discount on domestic retail tariff for a hassle-free experience. Recently, the company extended door-to-door service of shipping prescribed medicines for NRist Ke tan Kulkarni, chief marketing officer and head-busi­ness development at Blue Dart Express. Besides, the company has gradually started delivering non-essential commodities in permissible pin codes by the health ministry.

Business Standard MUMBAI EDITION

Printed an<I P\Jblished by Sangita llleora on behalfol BusinessStandardl'fivate

Limited and Printed at M/s. DangatMedia Private limited, 22 DighaM.I.D.C., TTC

lndustrial Area, Vlshnu Nagar, Digha, Navi Mumbai, 400708and M/S. Nai Dunia

23/4, 23/5,SeClor-O, lndustrial Area. J.I<. Road,NearMina! llesiclency. Bhopal

{M.P.)-462023.& P\Jblishedat H/4 & V3. BuildingH. Paragon Centre, Opp. 8i1aCenlurion. FB.Milig.Wali.Mlmbai-4Cro13

Editor : Shyamal Majumdar RNIN0: 663081'1996

Readers should wr1tethl'ir feedba(k at feedbac.k@bsmail.in

Fax: +91-11-23720201 For Subsalptlon and Grrulatlon

,nqulries plea,;econtact: Ms. Mansi Singh

Nea.d<ustomtr Relallons BusinessSt.vida,d F'fiVllttlimited.

UltraTech Cement Limited Registered Ofllce: 'B' Wn;i, AiuaCl!fmt, 2nl Foo". Mahakali � Road,

Ardher1(£ast),"'-trbai400003 Te1No.--022.ffl917�800.FuNo.--022.ffl928109,

Websile-www.ultralechcemertcom CIN:l.2694CMl200:f'LC128420 NOTICE is hereby given in terms OI RegulatiOn 29ol SEBl (UStng 0bligalionsand Disclosure Requirements) Regulations. 2015, that a meefaig of the Board of Director.; of the Company is sche<luled to be held on Wednesday, 20" May, 2020 to consider and approve, inter aJia, Q) Standalone and Consolidated Audtte<! Financial Resuhs of the Company for the year em!ed 31" Marcil, 2020; (ii) reccmrnend divtdend, if any,

on equity shares ol the Company !Of the year erx!ed 31• March. 2020; Qii) issuance ol redeemable non-coovertible debentures ("NCDs") from time to time, on private placement basis, within the borrowing i:mits approved by the shareholders at the AmuaJGeneral Meeting ofthe Company held on18"July, 2019. The information contained in this notice is also available on the Company·s websrte www.ul1ratechcement.com as also on the website of the BSE Limited www.bseindia.com iYldlhe Na!oial Stock EJa::tooge Of India linked www.nseindia.com.

ForUttraTech Cementlimiled

SanjeebKumarChatlerjee Company Secretary

� U.P. CO-OPERATIVE SUGAR FACTORIES FEDERATION LTD, 9'A,RanaPralapM119,LucknmfT1IN0 (05.22)2200183 (0522)2628310

E-mail u�ugarfetl@yahoocoln Web11te wwwupa\19mt.dorg Reino. UPSUGARFEO/Satiaonf2019-20/\IO&M Daled:U.05.2020

SHORT TERM TENDER NOTICE On Ii-le E-Tender is inv�ed from registered Finn/Contrador�nies for deployment of Tectnical staff and skilled, unskilled \¥00\er.; for ()Jlefalion and maintenance alongwith chemicalrequiredloroperationofalprocess. (Ois@erywinbearlhec:ostofchelf»Calscrilyfor Elhanol aoo SOS dooallnnts), repair and mainlenance of equipment/ machinery, during financiajyear202o.21&2021·2D22(till31 March2022),lor:-1.The Kisan Sahakan Chini Mils Lid. Distillery Unij Sa!Naon, Azamgarh, U.P. of 30 KLPO capacily with OCS based cootrol system consistiog of Fed ba1ch lennenlalioo, ML,jti.p(essure distillation for wash to ENA, R.S. MSOH for anhydrous ethaooj, MEE for raw spent wash, sperrt washlired l',ghpressureboiler (12.0TPH), 1.0MWb..rbine, cor.densateandwaleftreatmem ptants. 2. TheKisanSahakariChiniMiDsltd. Distilery Unit•Sneh Road,Najibabad,BipJre, U.P.ol 40KLP0capacilywithOCSbasedcoolrdsystemconsisUngofFedt)atchfennenlation,Multi­P'eSSUre distillation for wash lo MSDH lor anhydroos ethaooj, Multiple effect evaporator for raw spent wash, spen1 wash fired tigh pressure bciler (12.5 TPH), 1.2 MW turbne. c:ondensateandwaterlrealmentplants

eachfactory

5. E·bldsubmlsslon startdate&time

6. E•bkhubmlnlon enddate&time

Openlngdale&time

Openingdale&time

Oelails

lJPC0-0!)6(3tiveSugarfactoriesfederationl1d.,9-A.RanaPratap Marg,lucknow.(hererlafterref81Tedas"THEFEDERATION") Tenderdocumentscanbeoownloadedfrome-tenclerportal hl1p1/etender.up.nic.ina:-.dfedi3fation'swebsite www.upsugarled.org. Rs. 5,000/·•GST (Rs. Five lhous!wlds plus GST Of't'/ i1 the form of RTGSINEFT/NET BANKING drawn on any Nalionaised I SchedUed8ank infavcuofU.P. Co-OperalrleSugarFac10ries Fedefationl1d.Pa�eatlucknow.(Amoonlisnonrefundable} Rs. 5,00,000/· (Rs.Five lacs only) ilthe form of RTGS/NEFTI NET BANKING drawn on any Natxlnaised' Scheduled Bank in favcu of U.P. Co<iperative Sugar Factories federation ltd. payableatlucknow 14.05.2020 upto 6:55PM

19.O5..2O2Oupto 6:55PM

9 V1nueofopeni119 U.P. CtH>perativeSugarFactoriesfederationlld., ole--bid 9-A,RanaPratapMarg,Lucknow.

Thecletailsofsubrnissionole.oidsalongwitheigblily, date&timeforopeningoltechnical/ Financialbids. E.M.0., experienceandotr.eftenns&conditions'w'ilbeavailableone-ter.der portal http:J/etender.up.nic.in and Federa1ion's website �� from 1410512020 at 06:55 PM to 1910512020 upto 06:55 PM \Yllel'e 1enderoocoments may be downloadedbyany bidder.Theter.derfee(non refundabie)andE.M.0, wilbeclepositedin Federation officebeion!open'ng o!Technical bid. E·Tenderwithool.eamestmoneyshal be liabletoberejected.TheFederationreservestherighttocanQ?lanyoralbidsorlhee-bidding P4"ocesswithoul assigning any reason thereof.The decision o! Federatiorl will t)e final & bindioguponbidders \BimalKumarDubey)

Mana9ingOire1:tor

H/4& 1/3. Buidin9 H,Paragon Ceru,, Opp Bir1a Cefturion.P.B.Marg, Wor1i.

Mumbai - 400013 E•mail: subs_bs@bsma�.in "or sms, SU88Sto S7007"

���D���.�!����!����������D OMC I ��!�"�'� CIN: U131000R1956SGC000313, www.omcltd.tn

Overseas subscription: (Mumbai Edition Only)

Oneyearsubsoiptionrate byair mail INR 51765 : USD 725

OISCIAIMEJI NffiS �otsanclfearu,e a.tide in 816�Standard-itm,,,....n:anurbi.:Mdpic. tuoeoldtvtlq)rne,,tsin!hema,ht�theco,pcwille wonl anl the yowrnrnffl. klual�IS <iVllll'nouttob,d�t<N1"91>Ul:um!otance beyo,dBusinessSl3rdard'scontrolandkn<Nlledge B"'""" Standarddoe mt�ar,yr.,;por,;ibiity farlnv.slmffltorbusinesderlllonstaQn byrNd­fflOnthebasisolfl'IX'Uandil<tidesi:a,blishedin IMOffi5,pilpPtRe.Jdffiar••XJIKU'dtofarmthei, _,_ B�Standard doenotu,,x:ialL" fis.�withor stand by!M<ommtsolanyolthe a<tmti""""'ts ::!!i��::�klt��� �!<>theadW'niselsm<nm� Unl'SSe,,pf,dl;lyst3tedodlfrwise.all"91ts� by M'> EWne, Slandan:I ""1. Im. Ar,y pMting. plmicati(Jl."JIIOOucti:rl,11a�lfiUkJlorredissem­ination ol the eoolents. in .,, farm or by Mt 111M1S, ispmhilitedwilh<lllthe ?<iorwrittfflcor,. <ere ol M'> !Minm Slandan:1 ""1. lm. Anysudl prohibltedandunauthoriledactbyanypmon'legal ..,,tity "1al inY� 1M andcrirrinal iabiities.

No Air Surcharge

CAD-17 e-Procurement Notice - NIT No.1 3/OMC/CIVIU2020

1. Procurement Officer : CGM (Civil), OMC Ltd., Bhubaneswar 2. Name of the Work : Road & Building 3. Total No of works : 2 (Two) nos 4. Estimated Cost : 136.97 Lakh and 280.45 Lakh 5. Class of Contractor : PWD (B&A) Class 6. lime of Completion : 6 months & 1 0 months (As per DTCN) 7. Available of Bid document in Govt. portal from dt.19/05/2020 to dt.

02/06/2020 up to 5.00 PM. 8. Last date of on-line submission of tender in the portal is dt.02/06/2020

up to 5.00 PM. 9. Date of opening of Technical Bid is dt.03/06/2020 at 1 1 .00 AM. All other details can be seen from DTCN available at Govt. website www.tendersorissa.gov.in The Odisha Mining Corporation Ltd. reserves the right to reject any or all tenders without assigning any reason thereof.

CGM (Civil) OIPR-30005111/0001120-21

SIEM ENS

Extract of consolidated unaudited financial results

for the quarter and six months ended 31 March 2020

Quarter ended

No. Particulars

Total income from operations Net Profit for the period before tax

3 Net Profit for the period after tax 4 Total Comprehensive Income for the period [Comprising of Profit /

(loss) for the period and Other comprehensive income (after tax)] Equity Share Capital Earnings Per Share (EPS) of 't:' 2 each (in Rupees)* - Basic and diluted EPS * notannualised exceptyearend EPS

Notes:

31 March 31 March 202D 2019

(Unaudited) (Unaudited) 28,379 35,778 2,370 4,390 1 ,757 2,842 1,320 2,668

712 712

4.94 7.98

(� in millions) Six months Year ended ended 31 March 30 September

2D20 2019 (Unaudited) (Audited)

55,229 1 37,672 5,944 1 6,594 4,415 1 0,994 3,987 10,510

712 712

1 2.40 30.87

1 The Group has adopted Ind AS 1 1 6 'leases' (Ind AS 1 1 6) as at 1 October 201 9, using modified retrospective approach. The above approach has resulted in a recognition of a lease liability of 't:' 2,065 million and a Right-of-Use asset amounting to 't:' 2,011 million on the date of initial application. Right- of-use assets includes: a) Reclassification of finance lease assets under erstwhile lease standard, amounting to 1:: 1 67 million earlier reported under property,

plant and equipment; b) Reduction relating to accrued lease payments amounting to 1:: 124 million; c) Reduction in respect of certain Right-of- Use assets where IND AS 1 1 6 has been applied since the lease commencement date and the

difference between Right-of-Use assets and Lease liability amounting to" 73 million (net of deferred tax asset " 24 million) has been reduced from retained earnings.

2 In view of the outbreak of Coronavirus (COVID-19), the factories were shut down since last week of March 2020, as per Government Order. The total expenses of 1:: 200 million incurred during this period in respect of the factories were as under: i) Employee benefits expense amounting to t 9D million ii) Depreciation and amortization expense amounting to ,:' 32 million iii) Other expenses amounting to 1:: 78 million.

3 The Board of Directors of the Holding Company. at their meeting held on 13 May 2020, has agreed in-principle, subject to terms and conditions to be determined. to sell the Holding Company's Mechanical Drives business (included in Portfolio Companies Segment of the Company) to a subsidiary of Siemens AG, Germany. Consequent to such in-principle approval, the Committee of Directors will determine the consideration, terms and conditions and such other matters as may be considered expedient with respect to the aforesaid proposed transactions and make recommendations thereon to the Board of Directors for its consideration.

4 Siemens limited (·The Holding Company") has entered into definitive agreements for the acquisition of 99.22% (approximately) of the paid-up equity share capital of C&S Electric Limited from its promoters for an estimated value of 1:: 21,200 million subject to adjustments and receipt of requisite regulatory approvals and fulfilment of condition precedents as agreed between the parties.

5 Pursuant to rationalisation of operations in Digital Industries and Portfolio Companies segments of the Group, Employee benefits expense for (a) the quarter ended 31 March 2D19 and (b) for the six months ended 31 March 2D19 and year ended 3D September 2D19 include a charge of 1:: 1 57 million and ,:' 753 million respectively.

6 During the year ended 30 September 2019, the Holding Company had transferred and assigned its leasehold interest in the property located at Halol Industrial Area, Phase Ill (Plot 1-B and Plot 1-C), Gujarat for a consideration of 1:: 1,935 million to LM Wind Power Blades (India) Private Limited. Accordingly. profit on the transaction amounting to 1:: 473 million is included under ·other incomew for the year ended 3D September 2D19.

7 The Group had opted for lower corporate tax rate available under section 1 1 5BM of the Income-tax Act, 1961 as introduced by Taxation Laws (Amendment) Ordinance, 2D19. Accordingly, the Group had re-measured its deferred tax assets and a charge of 1:: 741 million had been provided during the year ended 30 September 2D19.

8 The specified items of the standalone financial results of the Company for the quarter and six months ended 31 March 2020 are given below:

Quarter ended Six months Year ended ended Particulars 31 March 31 March 31 March 30 September

2020 2019 2020 2019 (Unaudited) (Unaudited) (Unaudited) (Audited)

Total income from operations 28.201 35,496 54,887 136,838 Net Profit for the period before tax 2,323 4,335 5,855 16,416 Net Profit forthe period aftertax 1,721 2,803 4,348 1 0,869 Total Comprehensive Income for the period 1,285 2,628 3,921 1 0,387

9 The above is an extract of the detailed format of Quarterly/Six months financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Quarterly/Six months financial results are available on the Stock Exchange websites (www.bseindia.com and www.nseindia.com) and on the Company's website (www.siemens.co.in).

Place : Mumbai Date : 1 3 May 2020

Siemens Limited Registered office: Birla Aurora, Level 21 , Plot No. 1080, Dr. Annie Besant Road. Worli. Mumbai - 4D0D3D Corporate Identity Number: L28920MH1957PLC010839 Tel.: +91 22 3967 7000; Fax: +91 22 2436 2403 Email/ Contact: Corporate-Secretariat.in@siemens.com / www.siemens.co.in/contact Website: www.siemens.co.in

• .. .. • .. ..

For Siemens limited

Sunil Mathur Managing Director and Chief Executive Officer

• .. ..