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Indian Oil Corporation Limited

Indian Oil Corporation Limited Statement by the Chairman, Shri N N Kashyap, ICS THE following is the Statement by Shri N N Kashyap, ICS, Chairman, Indian Oil Corporation Limited, at the Annual General Meeting held in Bombay on September 30, 1969:

Indian Oil Corporation-A Year of Progress and Success-Statement of the Chairman, Shri N N Kashyap, ICS

outnumbered the gains. While the market exhibited very little of its previous week's bullish fervour, it continued to be in good temper.
Considering the preceding sharp upswing, technical considerations favoured a pause. But that was not perhaps the only reason why the market seemed inclined to mark time. For many wondered whether the market had done the right thing in completely ignoring a number of disturbing factors within the country. The cotton textile industry in Bombay is beginning to feel the impact of power cut. The jute THE following is the Statement of the Chairman Shri N N Kashyap, ICS, at the Annual General Meeting of the Corporation held on November 16.

Indian Oil Corporation Limited

Team Work Before I close, I should like to request you to join me in complimenting the management team of the company, who have been operating under very strenuous conditions indeed, with a courage and conviction of which we must be proud. I should also like you to join me in complimenting our work-force who in my view are basically sound and good, but have been under compulsive pressure for acting in the way that they do at times. While this occasion does not call for recital of our blessings and assets, we do have no greater asset than the willingness of a free and determined people, who face all problems frankly, and meet all challenges free from panic or fear.

Indian Oil Corporation Limited

Statement of Shri N N Kashyap, ICS THE FOLLOWING is the statement of Shri N N Kashyap ICS Chairman, Indian Oil Corporation limited, at the Annual General Meeting on November 26, 1966:

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