Burn Standard Company - Revision history

FrancisClement: update article and fixed typos

2022-04-03T05:14:09Z

update article and fixed typos

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-{{Use dmy dates|date=February 2014}}
+#REDIRECT [[Burn Standard Company Limited]]
-{{Use Indian English|date=June 2016}}
-{{Infobox company
+{{Redirect category shell|
-|name             = Burn Standard Company Limited
+{{R from move}}
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2409:4060:2092:12EA:450E:9EA2:F9F6:13DD at 06:32, 9 September 2021

2021-09-09T06:32:01Z

← Older revision		Revision as of 12:02, 9 September 2021
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	\|type = [[Public Sector Undertaking]]		\|type = [[Public Sector Undertaking]]
	\|slogan =		\|slogan =
	\|foundation = 1976		\|foundation = {{start date and age\|1976}}
	\|founder =		\|founder =
	\|location_city = [[~~Kolkata~~]]		\|location_city = [[Howrah]]
	\|location_country = India		\|location_country = India
	\|area_served = India		\|area_served = India
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	[[File:Burn_standard_company_Ltd.jpg\|thumb\|Burn standard company Ltd]]		[[File:Burn_standard_company_Ltd.jpg\|thumb\|Burn standard company Ltd]]

	'''Burn Standard Company''' Limited (BSCL) is a [[Public Sector Undertaking]] (PSU) of the [[Government of India]]. Headquartered in [[~~Kolkata~~]], India, BSCL is engaged mainly in railway wagon manufacturing under the [[Ministry of Railways (India)\|Ministry of Railways]]. On 4 April 2018, Cabinet approves closure of loss making Burn Standard Company Limited.<ref>{{cite web\|url=http://pib.nic.in/newsite/PrintRelease.aspx?relid=178402\|title=Cabinet approves closure of loss making Burn Standard Company Limited - a Central Public Sector Enterprise (CPSE)\|website=pib.nic.in}}</ref> The company was formed with the merger of two companies – Burn & Company (founded 1781) and Indian Standard Wagon (founded 1918),<ref>{{Cite web \|url=http://www.burnstandard.com/rti-history.html \|title=Archived copy \|access-date=22 October 2013 \|archive-url=https://web.archive.org/web/20131008145153/http://www.burnstandard.com/rti-history.html \|archive-date=8 October 2013 \|url-status=dead }}</ref> and was [[nationalised]] in 1975. In fiscal 2006, the company reported aggregated revenues of {{INRConvert\|1373\|m}}. Subsequently, the company with its two engineering units at Howrah and Burnpur came under the administrative control of Ministry of Railways in September 2010. The refractory unit at Salem, Tamil Nadu, was transferred to Steel Authority of India Limited.		'''Burn Standard Company''' Limited ('''BSCL''') is a [[Public Sector Undertaking]] (PSU) of the [[Government of India]]. Headquartered in [[Howrah]] , India, BSCL is engaged mainly in railway wagon manufacturing under the [[Ministry of Railways (India)\|Ministry of Railways]]. On 4 April 2018, Cabinet approves closure of loss making Burn Standard Company Limited.<ref>{{cite web\|url=http://pib.nic.in/newsite/PrintRelease.aspx?relid=178402\|title=Cabinet approves closure of loss making Burn Standard Company Limited - a Central Public Sector Enterprise (CPSE)\|website=pib.nic.in}}</ref> The company was formed with the merger of two companies – Burn & Company (founded 1781) and Indian Standard Wagon (founded 1918),<ref>{{Cite web \|url=http://www.burnstandard.com/rti-history.html \|title=Archived copy \|access-date=22 October 2013 \|archive-url=https://web.archive.org/web/20131008145153/http://www.burnstandard.com/rti-history.html \|archive-date=8 October 2013 \|url-status=dead }}</ref> and was [[nationalised]] in 1975. In fiscal 2006, the company reported aggregated revenues of {{INRConvert\|1373\|m}}. Subsequently, the company with its two engineering units at Howrah and Burnpur came under the administrative control of Ministry of Railways in September 2010. The refractory unit at Salem, Tamil Nadu, was transferred to Steel Authority of India Limited.

	According to UK based newspaper ''Independent'', in March 2008, John Messer, the lead in-house lawyer for US engineering group McDermott International, was still trying to get paid for a contract drawn up in the late 1980s to build a giant offshore platform for the Mumbai High oil field. In October 2006, Burn Standard, the Indian engineering company that sub-contracted work on the project to McDermott, lost its appeal against a court ruling instructing it to pay the US group $90m (£45m). The amount due has already been paid after finalization of the arbitration and initiative taken by the Government of India.<ref name=finances>[http://dpe.nic.in/survey0506/vol3/62.pdf Financial Statement] {{webarchive \|url=https://web.archive.org/web/20110716110019/http://dpe.nic.in/survey0506/vol3/62.pdf \|date=16 July 2011 }}</ref><ref name=tcp>{{cite web\|url=http://www.independent.co.uk/news/business/analysis-and-features/its-viewed-as-a-game-western-groups-recoil-at-indias-culture-of-late-payment-802461.html\|title='It's viewed as a game': Western groups recoil at India's culture of\|date=30 March 2008\|website=The Independent}}</ref>		According to UK based newspaper ''Independent'', in March 2008, John Messer, the lead in-house lawyer for US engineering group McDermott International, was still trying to get paid for a contract drawn up in the late 1980s to build a giant offshore platform for the Mumbai High oil field. In October 2006, Burn Standard, the Indian engineering company that sub-contracted work on the project to McDermott, lost its appeal against a court ruling instructing it to pay the US group $90m (£45m). The amount due has already been paid after finalization of the arbitration and initiative taken by the Government of India.<ref name=finances>[http://dpe.nic.in/survey0506/vol3/62.pdf Financial Statement] {{webarchive \|url=https://web.archive.org/web/20110716110019/http://dpe.nic.in/survey0506/vol3/62.pdf \|date=16 July 2011 }}</ref><ref name=tcp>{{cite web\|url=http://www.independent.co.uk/news/business/analysis-and-features/its-viewed-as-a-game-western-groups-recoil-at-indias-culture-of-late-payment-802461.html\|title='It's viewed as a game': Western groups recoil at India's culture of\|date=30 March 2008\|website=The Independent}}</ref>
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	** Burn Standard India renovated SLC Type for the [[Trams in Kolkata\|CLC]] system in [[Kolkata]] in 1980s.		** Burn Standard India renovated SLC Type for the [[Trams in Kolkata\|CLC]] system in [[Kolkata]] in 1980s.
	* Ash/coal plant construction		* Ash/coal plant construction
			* In the mid-1980s, Burn Standard had started an offshore construction unit at Jellingham, East Midnapore, West Bengal. The products were decks, helidecks, and jackets for Bombay High.

	==Liquidation==		==Liquidation==
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	~~{{en-Wikipedia}}~~

CleanupBot: /* External links */clean up, add source tag

2021-06-01T17:27:06Z

External links: clean up, add source tag

← Older revision		Revision as of 22:57, 1 June 2021
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>BrownHairedGirl: added Category:Indian companies established in 1976 using HotCat

2021-03-27T18:36:43Z

added Category:Indian companies established in 1976 using HotCat

New page

{{Use dmy dates|date=February 2014}}
{{Use Indian English|date=June 2016}}
{{Infobox company
|name = Burn Standard Company Limited
|logo =
|type = [[Public Sector Undertaking]]
|slogan =
|foundation = 1976
|founder =
|location_city = [[Kolkata]]
|location_country = India
|area_served = India
|key_people = Mr. Mohammad Asad Alam, Chairman & Managing Director
|industry = transportation
|products = rolling stock
|num_employees =
|owner = Government of India
|subsid =
|homepage = {{URL|http://www.burnstandard.com}}
|intl =
}}
[[File:Burn_standard_company_Ltd.jpg|thumb|Burn standard company Ltd]]

'''Burn Standard Company''' Limited (BSCL) is a [[Public Sector Undertaking]] (PSU) of the [[Government of India]]. Headquartered in [[Kolkata]], India, BSCL is engaged mainly in railway wagon manufacturing under the [[Ministry of Railways (India)|Ministry of Railways]]. On 4 April 2018, Cabinet approves closure of loss making Burn Standard Company Limited.<ref>{{cite web|url=http://pib.nic.in/newsite/PrintRelease.aspx?relid=178402|title=Cabinet approves closure of loss making Burn Standard Company Limited - a Central Public Sector Enterprise (CPSE)|website=pib.nic.in}}</ref> The company was formed with the merger of two companies – Burn & Company (founded 1781) and Indian Standard Wagon (founded 1918),<ref>{{Cite web |url=http://www.burnstandard.com/rti-history.html |title=Archived copy |access-date=22 October 2013 |archive-url=https://web.archive.org/web/20131008145153/http://www.burnstandard.com/rti-history.html |archive-date=8 October 2013 |url-status=dead }}</ref> and was [[nationalised]] in 1975. In fiscal 2006, the company reported aggregated revenues of {{INRConvert|1373|m}}. Subsequently, the company with its two engineering units at Howrah and Burnpur came under the administrative control of Ministry of Railways in September 2010. The refractory unit at Salem, Tamil Nadu, was transferred to Steel Authority of India Limited.

According to UK based newspaper ''Independent'', in March 2008, John Messer, the lead in-house lawyer for US engineering group McDermott International, was still trying to get paid for a contract drawn up in the late 1980s to build a giant offshore platform for the Mumbai High oil field. In October 2006, Burn Standard, the Indian engineering company that sub-contracted work on the project to McDermott, lost its appeal against a court ruling instructing it to pay the US group $90m (£45m). The amount due has already been paid after finalization of the arbitration and initiative taken by the Government of India.<ref name=finances>[http://dpe.nic.in/survey0506/vol3/62.pdf Financial Statement] {{webarchive |url=https://web.archive.org/web/20110716110019/http://dpe.nic.in/survey0506/vol3/62.pdf |date=16 July 2011 }}</ref><ref name=tcp>{{cite web|url=http://www.independent.co.uk/news/business/analysis-and-features/its-viewed-as-a-game-western-groups-recoil-at-indias-culture-of-late-payment-802461.html|title='It's viewed as a game': Western groups recoil at India's culture of|date=30 March 2008|website=The Independent}}</ref>

==Products and services==

* Railway wagons: tanker, hopper, flat
* Casnub bogies
* Couplers and Draft Gears
* Steel Castings, Pressings, Forgings Bridge Girders, Structurals, Sleepers, Points and Crossings, Wagon Components
* Wagon refurbishment
** Burn Standard India renovated SLC Type for the [[Trams in Kolkata|CLC]] system in [[Kolkata]] in 1980s.
* Ash/coal plant construction

==Liquidation==

On the 4th of April 2018, the [[Government of India]] approved the liquidation of Burn Standard Company.<ref>{{cite web|url=https://www.business-standard.com/article/pti-stories/cabinet-approves-closure-of-loss-making-burn-standard-company-ltd-118040401432_1.html|title=Cabinet approves closure of loss-making Burn Standard Company Ltd|agency=Press Trust of India|date=4 April 2018|via=Business Standard}}</ref>

== References ==
<references />

== External links ==
* http://www.burnstandard.com/ (Official Website)

{{Indian Railways}}
{{Railway lines in Eastern India}}

{{authority control}}

[[Category:Government-owned companies of India]]
[[Category:Engineering companies of India]]
[[Category:Companies based in Kolkata]]
[[Category:Companies nationalised by the Government of India]]
[[Category:Coach and wagon manufacturers of India]]
[[Category:1976 establishments in West Bengal]]
[[Category:Indian companies established in 1976]]

{{india-company-stub}}