Friday, December 15, 2017

Student participation in Solvay India Open House

Venue : Solvay Specialities India Pvt Ltd, Panoli

Date     :     13 Dec 2017

 

 


As per the invitation from Solvay Specialities Pvt Ltd, 8 students and 2 faculties from Narmada college of Management participated in the “Open House” event organised by Solvay, on 13th of December.

Dr Chetna Makwana (associate professor) and Prof Rashmi Ghamawala (assistant professor) along with 8 students (from different specialisation) visited the company.
The event started sharp at 10 am, where students and faculties of different colleges of Bharuch district were present, namely, SVMIT, KJ Polytechnic etc, along with the employees and staff of Solvay.

All the participants were welcomed by Pratish Koparkar, who warmly welcome with his delightful words and starting off the briefing about various safety measures that need to be taken care of.

The main guests who were addressing the audience were Mukesh Malhotra, Amlanabha Das who was the HR head of Solvay India, Himanshu Gondaliya who was the general manager of Solvay and Dr Herve Adam who was the head of Research and Innovation Council of Solvay India.

The whole HR team were there to address the audience about the presence of Solvay in India, overview about Speciality Polymers in India as well as globally and also about the Research and Innovation in India.

Starting with Amlanabha Das, who said that this initiative of conducting the first Open House was held in Singapore 3 years back whose main motive was to bring a turnaround where students will be meeting the company management and thus management being able to build partnership with technical Institutes for Internships etc.

Solvay is multi speciality chemical company with its presence being in over various countries like china, Japan, Australia, New Zealand etc, but the unit in Panoli is a polymer specialist company which produces two main products like PEEK and PEAK.

It is a 150 year old company, with its presence in 58 countries, almost 27000 employees and 21 major R & I centres globally.

The main objective is towards their commitment to sustainability bringing solutions to the planet’s challenges.

Dr Herve Adam gave an inspiring presentation about the various researches being carried on where highly qualified staff, who continuously is working on various product developments, various sectors like aerospace, automobiles, customer care products, pharmaceuticals etc which is truly focused on sustainability.

 Solvay already has 10 patents registered and 20 more patents to be registered in the upcoming year.
The event was concluded experiences being shared by employees and the feedback session too.
Finally the whole Open House was wound up with a site tour being arranged for the students and faculties by Solvay Team and departed with lunch.

In all it was great experience, knowing about an MNC with its presence over various countries, building networks with various great business heads and knowing about the culture being carried out in a multinational company.

Wednesday, December 6, 2017

Guest Lecture on GST

On 11th of October, the session was held in MCA conference hall regarding GST by K.K Kamal.

He is Chartered Accountant by profession.

Previously, there were different tax rates in different states before GST came into existence. But with the birth of GST all the other/ unwanted taxes got removed.GST killed all the boundaries. Almost 22 countries removed boundaries. With the effect of GST, all the custom duties that were paid got removed.

Previously there were total 400 types of taxes that are now converted into one tax rate that is GST.
GST
1. Intra
·         Central
·         State
     2. Inter

Average 23% taxes were implied previously.
Now, the tax rate system has got more transparent.

In GST system, when the return is filed on time than the compliance goes up but when the return is filed late than the compliance goes down.

In GST, the matching concept is followed where all transactions are matched and the report is prepared thereafter.

The government interference has became much less as the transactions are been verified or assessed internally with one another.

Blacklist is been prepared for the defaulters and it is been put on the website of GST.


GST promotes democracy. Tax rate
Food
Entertainment
Transportation
Household-Personal care
Mobile phone
Before
12.5
30
15
28
15
After
5
28
18
18
18

Sunday, December 3, 2017

PROJECT WORK AS PART OF MARKETING SKILLS COUNCIL

A REPORT ON PROJECT WORK AS PART OF MARKETING SKILLS COUNCIL
AT
MCDONALDS OUTLET IN BHARUCH,
 BY STUDENTS OF NARMADA COLLEGE OF MANAGEMENT
DATE: 12/10/2017, THURSDAY


As part of its market outreach activity the students of the Marketing class are working with McDonalds India, for a market survey project at their Bharuch outlet.

The project which began today will be carried out during the duration from 12th to 15th October at the McDonalds outlet.  The students will be also working with the organization for understanding the needs and preferences of its customer for the Takeaway as well as the restaurant customers.

The students were guided by the Project Manager from McDonalds Mr. Saurabh. Five students namely Suresh Pareek, Bhumika Patil, Tejas Makwana, Pooja Sonar and Parmeet Kaur are working on this project from the Marketing class.

GUEST LECTURE AS PART OF MARKETING SKILLS COUNCIL

A REPORT ON GUEST LECTURE AS PART OF MARKETING SKILLS COUNCIL
AT
NARMADA COLLEGE OF MANAGEMENT

ISSUES IN  SALES AND DISTRIBUTION – ICE CREAM INDUSTRY
SPEAKER :  Shri Himanshu Shah, DGM-Marketing, Vadilal Icecream Ltd., Vadodara

DATE: 28/11/2017, TUESDAY, 15:00 TO 16:30 HRS, Conference Hall




As part of the Marketing Skills Council at Narmada College of Management, Bharuch, we organized a lecture on Issues in Sales and Distribution in the Ice Cream Industry by Shri Himanshu Shah, Deputy General  Manager, Vadilal Ice cream Ltd.  

Shri  Himanshu Shah was kind enough to accept our invitation for sharing  his live experience  with out students. Despite having a very busy schedule, he came to the College for sharing his invaluable experience with the students.

He began his talk by discussing the various types of sales and selling situations which a salesperson faces in his daily routine and how to be a successful salesperson. He stressed that relationship building is very important in the sales field. He also discussed important issues related to distribution management and problems and solutions with dealers distributors with live and practical examples.

He also had a lively discussion with the students on a range of issues which the students found very interesting and an important value addition in their learning experience.

Tuesday, November 21, 2017

Student Internship Competition “ANVESHAN 2017”

Student Internship Competition.
Held atParul University.
ANVESHAN 2017

Date: 09/09/2017

KiranGohil, MBA second year student of Narmada college of Management participated in Student internship project competition held at ParulUniversity, Vadodara. Their event “ANVESHAN 2017” was the first National Level Research Symposiumwhich consisted various competitive events like SIP Project Competition, Paper Presentation Competition, Poster presentation competition.

Anveshan 2017 is a inter college one day Research Paper & Summer Project Presentation competition for management students across B-schools in India to identify and acknowledge the ‘Best Research Paper & Project.’

It was an attempt to engage with students in a holistic manner and be a part of their learning journey in its entirety. During the two months internship program, management interns work on challenging projects and play a key role in enhancing the business performance of organizations. Through this event, it aims to inculcate a spirit of excellence among management students and acknowledge them for their ideas and innovation.

There were about 25-30 students across Gujarat from different colleges that participated in SIP competition, Students came from different background and they had some distinctive topics to present.
Our student Mr. KiranGohil, who participated got good exposure and stood 3rdin this competition. His topic was “ETHICS AT WORKPLACE” at GLENMARK PHARMACEUTICALS LTD.

DAHEJ. According to him, this type of competition has really boosted his morale and confidence and further helphim in shaping his personality. Participation in this event gave him a  platform to showcase his communication and presentation skills. 

Tuesday, November 14, 2017

GUEST LECTURE AS PART OF MARKETING SKILLS COUNCIL

A REPORT ON GUEST LECTURE AS PART OF MARKETING SKILLS COUNCIL
AT
NARMADA COLLEGE OF MANAGEMENT

Topic: Business to Business Marketing : Relationship Dynamics
SPEAKER:  Shri Nitin Choksi, General Manager –Marketing, Bright Bars Ltd., Ankleshwar
DATE: 14/10/2017, SATRUDAY, 10:00 TO 11:30 HRS, Conference Hall


Shri Nitin Choksi shared his knowledge and experience of about various issues related to Business to Business Marketing, specifically in the engineering industry. Having a wide and rich experience of more than 25 years in the engineering products marketing field he shared with the students the entire process of organizational buyer behavior and the problems and issues associated with each step.


He discussed all major issues right from how to generate an enquiry, to preparing a proper proposal for the customer, how to understand the needs of the consumer, negotiating properly, and closing the sale.

He also shared his experience of dealing with various types of customers and how he successfully sold the product to them. The essence of business to business marketing and sales was the relationship aspect of the sales process.

B2B is all about relationship marketing. He also shared his experience of GCSR Viva at GTU and gave the students important understanding about the usefulness of GCSR and how students can enrich themselves by working on the report in a proper and rightful manner.

Saturday, November 11, 2017

SEMINAR FOR PROHIBITION OF ALCOHOL AND DRUG ABUSE

A REPORT ON SEMINAR FOR
PROHIBITION OF ALCOHOL AND DRUG ABUSE
Organised by Narmada College Parivar
In coordination with
The Prohibition & Excise Department, Gujarat
On 25th September, 2017




The widespread substance abuse amongst youth has assumed alarming dimensions in India. Changing cultural values, increasing economic stress and dwindling supportive bonds are leading to initiation into substance use. According to the World Health Organization (WHO) substance abuse is persistent or sporadic drug use inconsistent with or unrelated to acceptable medical practice. 

Thursday, October 12, 2017

Expert Session on "Role of venture capitalist in seeding Business ideas"


Role of venture capitalist in seeding Business ideas.
Conducted on
07/10/2017



 

 


On Saturday, Narmada College of Management had organised a one to one session with venture capitalist, CA Nainesh Pandya, where students had an opportunity to showcase their Business Plans.
Dr. Subhash Yadav sir introduced CA Nainesh Pandya, who possessed rich experience and qualifications in commercial dealings.

He cleared his Bachelor in commerce with first class from Gujarat University, completed Chartered Accountant with specialisation in Operation Research and System Analysis. He was also the 10th rank holder in Company Secretary Exam all over India.

He also wrote a book on “Saral Vera Padhati” which is about presumptive taxation. He has also conducted various bank audits as well as he is an Alumni of IIM Ahmadabad.

SMEs:
CA Nainesh Pandya started his presentation and scheme of discussion on topic “Why Entrepreneurship”. He explained this by particularly emphasising on small medium enterprises (SMEs).

In order to relate his topics of discussion, he requested students to sit in cluster of their respective B-Plan group. There were about 7 groups who were ready with their presentation; each group had exclusive idea with them.

The very first point he stressed upon was that why Documentation is the most important map while planning out something big.

Entrepreneurship is significant for the following reasons like economic growth, new opportunities, creating employment, sustainability etc.

Another major topic focussed upon was the (SMEs) Small and Medium Enterprises as they ensure stability, responsible and are contributors towards improving viability for future.

The major sectors covered by SME’s are food processing, marine products, agricultural inputs, chemical and pharmaceutical industry, engineering and electrical products and textiles & garments.
Talking about SMEs, he had various suggestions and improvements for the 7 teams who were ready with their business plans and imparted knowledge and information regarding the whole process from:-

SCHOOL                                            STARTUP                                          SMEs LISTING.

He then went on with the main topic as to the “Role of Venture Capitalist for growth of Entrepreneurs”, where he mentioned one good characteristic that a plan or an idea should be judged by the results and not the process, which itself was a huge message for the upcoming Entrepreneurs.
Along with a good idea it should be followed by a good strategy, where he discussed three main interlocking aspects as Strategic intention, strategic assessment and strategic choice.

It was a great time and opportunity that the students of NCM got to spend with such an erudite person, with an interactive session.

Sir also promised to meet soon with many more such innovative Business ideas.


Tuesday, September 26, 2017

Seminar on Banking Awareness at NCM

A Report on Seminar on Banking Awareness
Conducted on 12/9/2017



A Seminar on Banking Career Awareness was organised by Narmada College of Management in coordination with NIIT, on 12th September, 2017.  Mr. Sanjay Mali, Regional Manager, NIIT along with Mr Nayan Bajaniya, from NIIT Vadodara conducted the session. The seminar covered two topics the Current trends in Banking and future opportunities in Banking.





Monday, September 25, 2017

One Week Faculty Development Programme “Transcending Newer Horizons in Management Teaching” at NCM

One Week Faculty Development Programme
 “Transcending Newer Horizons in Management Teaching”
organized by
Narmada College of Management
(28th August to 1st September 2017)



The one week Faculty Development Programme on “Transcending Newer Horizons in Management Teaching” organized by Narmada College of Management from 28th August to 1st September 2017 was a great success with 22 management teachers participating from various B-Schools across Gujarat. The B-Schools that were represented and their respective faculty numbers are as follows :
Name of the Institute                                               No. of Faculty Members/Exe

1.      S R LuthraInstitute of Management, Surat                                   03
2.      MandviEducation Society,Inst of Business Mgmt, Mandvi      01
3.      NaranLalaSchool of Industrial Management,Navsari   02
4.      BhagwanMahavir     College of Management                              01
5.        P PSavani University, Kosamba                                                  01
6.      Parul University, Vadodara                                                           03
7.      ShriRajjuShroffInst of Chemical Tech.      Valia                           01
8.      ShriJairam Patel Institute of Business Mgmt, G’nagar   01
9.      C K Shah VijapurwalaInstitute of Mgmt., Vadodara                 01
10.    GTU Research Scholar                                                                   01
11.    Narmada College of Management, Bharuch                             08
12.    ONGC PetroAdditions Ltd, Dahej                                              02
13.    ABC Bearings Ltd. Bharuch                                                         05
TOTAL :                                30
To begin with, Ms Rashmi Ghamawala, Assistant Professor and co-ordinator of the FDP, introduced the College to the Inaugurator and Speaker of the day as well as to the participants. Dr Deepak K Trivedi, Director (Education ) of the Narmada College campus welcomed all the dignitaries, Directors of Institutes and faculty members as well as the Industry delegates present in the programme. Dr A K Singh, Principal, Narmada College of Science and Commerce, Bharuch, wished all participants a happy learning while he appreciated such an initiative taken by Narmada College Management

Dr. T.V. Rao, Chairman, T V Rao Learning Systems, inaugurated the programme by lighting the lamp followed by a prayer by MsBhumikaPatil, student of MBA-II of NCM. After the introduction of Dr. Rao by the Director of NCM, Dr. TruptiAlmoula, the session started with the address of Dr. T .V. Rao.

Dr. T. V. Rao is currently Chairman of TVRLS, Ahmedabad. Before setting up TVRLS, he was a Professor at the Indian Institute of Management, Ahmedabad for over 20 years beginning 1973 and subsequently an Adjunct Professor until 2014. He also worked as the L&T Chair, Professor of HRD at XLRI, Jamshedpur during 1983-85.

With over 40 years of extensive work in the field of HRD, he was nicknamed as one of the "Fathers of HRD in India". Some of the positions held by Dr. Rao and contributions include:
·         Founder and First President of the National HRD Network
·         Founder and the First Honorary Director of the Academy of HRD, India.
·         President of the Indian Society for Applied Behavioural Science (ISABS).
·    Worked with David McClelland of Harvard University (the initiator of the competency movement) and had joint research projects with him in seventies.
·     Visiting Faculty at the Indian Business School, Hyderabad and an HRD Advisor to the Reserve Bank of India.
·         Assisted the Administrative Reforms Commission in reviewing the personnel management practices for civil services, and also served as member of the HRM Review Committee of Nationalised Banks set up by the Ministry of Finance in 2009-2010.
·         Established the first dedicated department of Human Resources Development at L&T along with Dr. UdaiPareek in mid-seventies much before HRD was known.
·         Authored and co-authored around 60 books on various contemporary and HRD themes relating to Leadership, Managerial effectiveness, Education, Health and Population management, Behavioural Sciences and HRD.

·         First to start a Leadership Development methodology in India in the mid-eighties using what was later termed in the USA as '360 Degree Feedback'. The first Assessment Development Centre in India was also run by him in Gujarat.

·         HRD Audit methodology was the first of its kind across the world. This was later converted by him to the HRD Scorecard 2500 points.

Won several awards for his outstanding contributions to the field of HRD including the title of "Ravi Matthai National Fellow" awarded by the Association of Indian Management Schools.

Click here for detailed report...

Friday, September 15, 2017

GUEST LECTURE AS PART OF MARKETING SKILLS COUNCIL

A REPORT ON GUEST LECTURE AS PART OF MARKETING SKILLS COUNCIL
AT
NARMADA COLLEGE OF MANAGEMENT

ISSUES RELATED TO DISTRIBUTION STRATEGY OF USHA FANS

SPEAKER:  Shri Jasmeetsingh Arora, Distributor Usha Products, Bharuch

DATE: 13/09/2017, WEDNESDAY, 14:00 TO 15:00 HRS, Syndicate Hall





As part of the Marketing Skills Council at Narmada College of Management, Bharuch, we organized the S second lecture on Issues in Distribution strategy of Usha Fans  by Shri  Jasmeetsingh Arora, Bharuch.

He shared his live experience  about his journey as a Distributor of Usha Fans in the last twelve years. He discussed the entire supply chain of the company starting with components for assembly, assembly at the company, dispatch to company depot at Aslali and then how the product comes to his godown.

He also discussed issues related to payment collection, order placements, targets, company incentives for dealers and distributors.

He also has the retail counters all over Bharuch District. He discussed with the students issues related to pricing, delivery, payment collection from retailers.

Overall his lecture was thoroughly enjoyed by the students

Industry Visit for MBA Semester -2 students

Details About Visit: Date: 20th April, 2018 Total Students: 40 (First Year) Faculty Coordinators: Mr. Kanu Raval Industry visited: G.N...