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.

Student participation in Solvay India Open House

Venue : Solvay Specialities India Pvt Ltd, Panoli Date     :     13 Dec 2017     As per the invitation from Solvay Speci...